2017: Dogecoin surged 212%, then retraced 40%, then soared 5,000%. 2021: $DOGE jumped 476%, retraced 56%, and exploded 12,000%. Currently in 2024: Dogecoin is up 440% with a 46% pullback. If history repeats… a parabolic rally is coming.
#Bullish Breakout: If DOGE breaks above the upper trendline (around $0.414), we could see a strong rally toward higher resistance levels at $0.45 or even $0.50. This scenario would likely require a surge in buying volume. #Bearish Breakdown: If the price falls below the lower trendline (around $0.39), we might see a sharp decline toward $0.35 or lower.
As the Dogecoin ($DOGE ) price consolidates just above $0.40, investors are weighing up whether the market could be about to vault to new highs, or whether a deeper pullback could be in store. Dogecoin has come within striking distance of $0.50 on two occasions in the past two weeks. But a double top may have now formed, suggesting the bears could be about to regain control of this market. Other recent technical developments are also flashing warning signs. $DOGE also broke to the south of a short-term trend this week and has slipped beneath its 21DMA, further suggesting a waning of bullish momentum. If support in the $0.33-35 area in the form of the late 2021 highs were to break, a sudden 50% drop back to early 2024 highs in the $0.20 area could be on the cards.
ChatGPT says XRP price will hit this target by December 31, 2024 Unlike most cryptocurrencies, XRP was trading relatively flatly over the course of most of 2024. However, even more interestingly, once the bull run kicked off in November, the digital asset experienced a huge move to the upside, with prices moving from roughly $0.5 to a high of $2.71 At press time, XRP was trading at $2.38 — marking a 305.84% gain on the monthly chart that has brought year-to-date (YTD) returns up to 287.19%. With this latest move, XRP has become the fourth-largest cryptocurrency in the world by market capitalization — ahead of Solana (SOL).
$DOGE /USDT SIGNAL: Next Move Critical! 🚨 $DOGE is trading at $0.4091, showing a strong 6.97% gain. The chart highlights a bullish continuation pattern with recent consolidation near resistance. Trade Setup: • Long Entry: Above $0.4150, targets at $0.4200, $0.4260, and $0.4300. Stop loss: $0.4050. • Short Entry: Below $0.4050, targets at $0.4000, $0.3950, and $0.3900. Stop loss: $0.4150. 📉 A break below support suggests bearish momentum, while a breakout signals further bullish upside. Watch closely for volatility!
$DOGE Dogecoin (DOGE) is on Fire. Look at that chart! Dogecoin is absolutely soaring right now, with a massive 9.48% increase in the past 24 hours. The price is currently at $0.40728, and the trading volume is through the roof! This is incredible momentum for Dogecoin, and it's got the crypto community buzzing. Could this be the start of a new bull run. . . ? #doge⚡