Dogecoin prices 58 % moving up if this main level is broken star-news.press/wp

Dogecoin price It is again in the spotlight, which provokes the upward excitement as the encryption analyst predicts a possible 58 % sponsorship movement in the near term. After the main support areas, the analyst expects success The outbreak of critical resistance levels Altcoin can push a new price.

Dogecoin PRICE RODMAP to Explosive 58 % Rally

X (Twitter formerly) encryption analyst, dariusz kowalczyk, Reports Dogecoin is now marking a possible outbreak, after which he recently Recovery from the level of critical support Near a range of $ 0.14 -0.15 dollars. This level was a strong ground during the descending movements. After it is bounced from this domain, the Dog’s price is now about $ 0.165, indicating a potential end of it The demolished trend for a long time.

Market data appears from the daily plan for the analyst Signs of ascension Forming the reflection pattern. Dogecoin’s work on the graph also highlights a transformation in the momentum, as buyers intervene after an extended decrease from the highest levels of June.

With the presence of the Dogcoin structure now indicates a potential bullish preparation, Kowalczyk expects that the M -currency is It can rise To $ 0.26 if it can be decisively broken over the immediate resistance about $ 0.17. This will represent a profit of about 58.19 % of current price levels.

Interestingly, the expected target is $ 0.26 corresponds to the peak levels reached during the strong Dogecoin step in May, where its price faced severe resistance and its reversal in the end. Kowalczyk’s expected step depends on the size of the size, and it is clear on the chart with a vertical arrow that shows a scope of $ 0.164 to $ 0.26, which implicitly a profit of $ 0.0955 before the end of July.

It is worth noting that this upscale thesis depends greatly Dogecoin building enough momentum Above a tag of $ 0.16 and gain enough power to fracture over public resistance. If the price is rejected less The descending pressure On the Mimi currency.

The analyst expects the goal of the price of Dogecoin in the short term

In another x mailBitGuru, an expert in the encryption, reveals BitGuru that Dogecoin is likely On a road to recovering prices After its recent recovery from the lowest decisive local level of $ 0.143. The analyst’s scheme explains a continuous decline throughout June, as price movement is its highest level and lower lower. After The monotheism stage Nearly $ 0.204 earlier in the month, the M and the M and its climax resumed a significant decrease of about $ 0.143.

At the time of the analysis, DOGE was trading $ 0.1619, slightly lower than its current price of $ 0.165. The graph highlights that $ 0.163 is a major area of ​​interest, which works as a short -term resistance. BitGuru also notes that if buyers can restore this level, the bullish momentum may build towards the next immediate goal of Dogecoin of $ 0.172.

Distinctive image from Getty Images, Chart from TradingView.com

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