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Cryptographic analyst Tarden late provided an update on the Dogecoin price action. He revealed that the first same corner should go into the E phase afterwards, during which he could come together to new heights.
Dogecoin price to enter the E phase then after testing the last support point
In a X postTrader Tardigrade said that the price of the dogecoin will enter into phase E, then the increase phase after the movement of the sign of force (SOS) and the last support point (LPS). It came because he also revealed that Doge entered the phase D in the Wyckoff accumulation. The analyst also noted that the memes part had completed the test in phase C and the last support point in phase D.
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His accompanying graph has shown that the LPS of phase D for the Dogecoin price is about $ 0.174, while SOS will be a successful recovery and will maintain above $ 0.18. This will inaugurate DOGE in phase E, where it should come together up to $ 2.1, marking a new High of all time (ATH) For the first piece of memes.
In another post X, Trader Tardigrade said that the price of the Dogecoin could form a Reverse head and shoulder pattern On the 4 -hour board, offering a bullish perspective for the first piece of memes. His accompanying graphic has shown that Dogecoin could reach $ 0.183 on this rebound, which is SOS for the same part in this phase D.
This Crypto analyst should be mentioned Crypto in King also provided an optimistic perspective for the Dogecoin price, predicting that it could bounce back on current support and rally above the psychological price level of $ 0.2. The analyst said that Doge’s graph is one of the best with regard to the price, which is at a clear level of higher delay support.
Doge preparing for a big week
In a post X, Crypto Ali Martinez analyst said the Dogecoin price is preparing for a big week. He noted that a fence greater than 0.17 could open the door to $ 0.21, or even $ 0.29 if it holds the level of key support at $ 0.13. However, the analyst recently revealed that the Doge whales choose to stay on the sidelines for the moment, which could be lower for the memes piece.
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Dogecoin prices performance will also depend on the price of bitcoin and the question of whether the flagship crypto can support a bullish momentum. Auto-acclaimed Dogecoin head analyst on X, Kevin capitalestimated that it is not necessary to be too optimistic until Bitcoin exceeds $ 89,000.
When writing these data from CoinMarketCap.
Shutterstock star image, tradingView.com graphic
