| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107349.9300000000 |
| ETH | $2437.1850000000 |
| BNB | $646.2492300000 |
| XRP | $2.1954160000 |
| ADA | $0.5634597000 |
| SOL | $149.7526000000 |
| DOGE | $N/A |
| DOT | $3.3756900000 |
| LTC | $86.7879000000 |
| LINK | $13.2466200000 |
Category: CRYPTO NEWS
The post Dogecoin Poised For Growth As It Sights The Beginning Of A Major Uptrend Breakout appeared on BitcoinEthereumNews.com. In the ongoing bull market cycle, Dogecoin has seen considerable upward movements reaching the $0.48 mark. Even though the dog-themed meme coin has since dropped to the $0.25 price level, it is likely to witness another bullish run, which could push DOGE to a new all-time high in this cycle. Major Uptrend For Dogecoin Draws Closer Amid waning market performances, Dogecoin has shown encouraging price developments that hint at a positive shift in market dynamics. Technical expert and investor Trader Tardigrade has predicted an upcoming significant move for DOGE, potentially paving the way for a new all-time high. The expert predicts that DOGE might be on the verge of a new major uptrend, pointing to key technical indicators on the daily chart. With bullish indicators unfolding along with renewed interest from investors, DOGE could regain its upside direction once again. Dogecoin’s recent daily candle close has signaled its first-ever Bullish Divergence on the Relative Strength Index (RSI) chart since the year began. As a result, the analyst is confident that the altcoin could be inching closer to the start of its upsurge. DOGE forms bullish divergence on daily RSI | Source: Trader Tardigrade on X Trader Tardigrade also highlighted a long wick in the daily time frame. Such long wicks often indicate a potential trend reversal or strong market volatility. In this case, it suggests that Dogecoin might see a trend reversal toward positive directions in the upcoming days. Considering past scenarios, which led to a notable upswing, Trader Tardigrade believes it is still possible for the meme coin to witness a substantial pump, targeting the much-expected $1 price mark. A move to the $1 milestone could trigger an extended rally towards other higher heights. Based on Dogecoin’s past cycles, this ongoing cycle is expected to be the biggest since…
2025-02-07T04:40:08+00:00