Wednesday, June 4, 2025
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Alt Coins Dogecoin

Dogecoin Technical Analysis Reveals What Could Happen To Price From Here

cryptonews100_tggfrn by cryptonews100_tggfrn
June 1, 2025
in Dogecoin
0
Dogecoin Technical Analysis Reveals What Could Happen To Price From Here
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!


Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Ad Disclosure

Crypto analyst Jmorg has supplied an in-depth technical evaluation, which exhibits what might occur to the Dogecoin price from its present ranges. The highest meme coin has already dropped under the psychological $0.2 degree as a part of a broader crypto market correction. 

Related articles

Dogecoin (DOGE) Price: Bulls Target 300% Rally as Rare Technical Pattern Emerges

Dogecoin (DOGE) Price: Bulls Target 300% Rally as Rare Technical Pattern Emerges

June 4, 2025
Should You Buy Dogecoin While It’s Less Than $0.25?

Should You Buy Dogecoin While It’s Less Than $0.25?

June 4, 2025

What The Dogecoin Price May Look Like From Present Ranges

In a TradingView post, Jmorg said that Dogecoin has significant momentum behind its current price action, which is obvious within the Cash Circulation Index (MFI). He famous that the indicator is accelerating off a really low momentum and trending increased on the weekly timeframe. 

The analyst additional remarked that the Bollinger band width is narrowing to historic lows, which might ultimately be the catalyst for the mandatory volatility wanted for DOGE to return to or exceed its present all-time excessive (ATH). He claimed that Dogecoin might attain $1 primarily based on a Cup-and-Handle measured move. In the meantime, the foremost meme coin might contact $0.95 primarily based on the measured transfer from a breakout of the rectangle. 

Commenting on the Fibonacci retracement, Jmorg said that given the momentum and potential enhance of quantity, a retracement to the present ATH of $0.73 appears doubtless. The analyst added {that a} pause and continuation of the advance increased would put Dogecoin close to $1.20. 

He went on to allude to Dogecoin’s historical pattern, which noticed the meme coin report positive aspects of 8,000% and a couple of,000%. The analyst famous that an 8,000% acquire would take DOGE to $15, or a market cap of $2.3 trillion. Jmorg remarked that it appears unlikely, as BTC has a market cap of about $2,2 trillion. 

DOGE is presently buying and selling at $0.19. Chart: TradingView

Nonetheless, the analyst highlighted a state of affairs the place the Bitcoin value rallies to $200,000 after which a breakout of the wedge sample sends Dogecoin to $15. He remarked that such a state of affairs makes the $15 value goal extra real looking and that, since crypto is unpredictable, something is feasible. 

Elements That Could Ship DOGE To New Highs

In his evaluation, Jmorg additionally outlined elements that would ship the Dogecoin value to new highs. First, he said that the midterm elections will matter and that he suspects the Trump administration will do every little thing doable to retain management of DC, which might doubtless result in pro-crypto policies. 

The analyst added that pro-crypto insurance policies and deregulation could possibly be a strong tailwind for the US economic system, which might assist maintain individuals employed and finally keep excessive asset costs. 

One other issue which Jmorg outlined is the Dogecoin ETF. He famous that approval for these funds seems doubtless, and this might present a major supply of demand. The DOGE ETFs would drive institutional inflows, which might spark a value surge for the meme coin. 

The final issue is the potential integration of Dogecoin funds on the X social media platform. The crypto analyst famous that this doesn’t appear unrealistic, on condition that Elon Musk is a big fan of the meme coin. Just like the DOGE ETFs, he mentioned that this might present a supply of demand for the meme coin. 

On the time of writing, the Dogecoin value is buying and selling at round $0.1897, down over 7% within the final 24 hours, in response to data from CoinMarketCap. 

Featured picture from Unsplash, chart from TradingView

Editorial Course of for bitcoinist is centered on delivering completely researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent assessment by our crew of high expertise consultants and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.



Source link

Tags: AnalysisDogecoinhappenpricerevealstechnical
Share76Tweet47
Drive and walk to earn crypto!

Related Posts

Dogecoin (DOGE) Price: Bulls Target 300% Rally as Rare Technical Pattern Emerges

Dogecoin (DOGE) Price: Bulls Target 300% Rally as Rare Technical Pattern Emerges

by cryptonews100_tggfrn
June 4, 2025
0

TLDR Dogecoin presently trades at $0.196, consolidating between $0.185 and $0.20 after breaking under $0.22 help Month-to-month chart exhibits a...

Should You Buy Dogecoin While It’s Less Than $0.25?

Should You Buy Dogecoin While It’s Less Than $0.25?

by cryptonews100_tggfrn
June 4, 2025
0

Dogecoin's value has spiked throughout earlier moments of optimism in cryptocurrency markets. Nonetheless, the meme coin hasn't traded above $0.25...

Will Doge crash this week?

by cryptonews100_tggfrn
June 3, 2025
0

Disclosure: This text doesn't signify funding recommendation. The content material and supplies featured on this web page are for instructional...

Why Is Crypto Going Up? Bitcoin, Ethereum, XRP & Dogecoin Prices Are Rising Today — TradingView News

by cryptonews100_tggfrn
June 3, 2025
0

Retail merchants are as soon as once more asking, why is crypto going up right this moment? The reply is...

Dogecoin range breakout signals local bottom, $0.2145 in sight

Dogecoin range breakout signals local bottom, $0.2145 in sight

by cryptonews100_tggfrn
June 3, 2025
0

Bearish momentum declines after Dogecoin falls underneath the $0.20 mark. The derivatives knowledge reveal a shakeout of bearish-aligned merchants amid further...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

Bitget Wallet Integrates Solana Pay to Enable Instant

Bitget Wallet Integrates Solana Pay to Enable Instant

June 4, 2025
SUI Drops 3.9% as Index Trades Lower from Tuesday

SUI Drops 3.9% as Index Trades Lower from Tuesday

June 4, 2025
World Liberty Financial Airdrops USD1 Stablecoins to Verified WLFI Holders

World Liberty Financial Airdrops USD1 Stablecoins to Verified WLFI Holders

June 4, 2025

Categories

  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • Exchanges
  • Litecoin
  • Pokadot
  • Polygon
  • Real World Assets
  • Shiba Inu
  • Solana
  • sui
  • World Liberty Financial
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (46) Altcoins (22) Bitcoin (131) blockchain (21) BNB (21) BTC (43) Buy (53) Cardano (64) ChainLink (45) coin (28) Coinbase (20) crypto (188) Cryptocurrency (53) Detail (35) DOGE (43) Dogecoin (61) ETF (27) ETH (45) Ethereum (81) finance (20) flash (36) hits (22) Inu (48) Launch (20) launches (21) Link (26) market (44) News (87) Polkadot (43) POLYGON (26) prediction (37) price (129) rally (30) RWA (31) SHIB (26) Shiba (51) SOL (40) Solana (77) Sui (57) Surge (22) top (49) trading (24) TradingView (25) Trump (48) XRP (105)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.