Decoding Dogecoin’s 16% pullback: Can DOGE recover from $0.10?

Share

Dogecoin experienced a 16.5% pullback after failing to break past the psychological $0.10 resistance level, as Bitcoin stumbled around the $82k supply zone. Despite this setback, the memecoin shows strength as whales accumulated 430 million DOGE over the past week and the Tom DeMark Sequential indicator flashed a buy signal on the monthly timeframe. On-chain support levels are identified at $0.081, with the Fibonacci golden pocket situated between $0.08 and $0.074. Analysts project potential upside targets toward $0.12, or as high as $0.177 if DOGE holds above these key support zones.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles