$DOGE , is this a rhythm for a big drop or a big surge?
The current situation of Dogecoin is really hard to grasp. If it doesn't take a major plunge, then a big rise may be a long way off! This risk is not to be taken lightly; if you're not careful, you might take a big fall.
Looking at this trend, the bubble risk of Dogecoin is rising sharply, nearly breaking the warning line of 2.84. This means that this MEME coin may soon face a significant drop.
Currently, the price of Dogecoin is hovering around $0.39, having dropped a bit from the previous high of $0.42. From the historical trend and risk relationship, every time the risk rises, Dogecoin tends to drop in price.
However, after the Bitcoin halving, Dogecoin usually has a pattern: first a big surge, then a breather, and finally another big rise. Well, in 2024, it's its turn again, and the storyline seems similar to before.
But now everyone is focused on the short-term bubble risk of Dogecoin, trading cautiously, and the price has been stuck around $0.38, unable to break through the hurdle of $0.44.
From a technical perspective, if Dogecoin can drop to $0.36, it might be able to accumulate some strength in preparation for a big rise later.
Recently, I plan to set up a potential coin that is ready to explode, doubling is quite simple, and I am also looking for some potential coins to hold until the end of the year, expecting a space of more than ten times is not a problem, limited slots! If you want to keep up, like + leave a message.
