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Cryptocurrency News Articles
Dogecoin (DOGE) Price Prediction: Is It Ready To Push Higher?
Apr 22, 2025 at 07:41 pm
In our previous Dogecoin analysis, we highlighted a supply zone that looked ready to slap the price down. And just as expected — boom — price reacted perfectly to it.
In our previous Dogecoin analysis, we highlighted a supply zone that looked ready to slap the price down.
And just as expected – boom – price reacted perfectly to it. But what’s even cooler? It didn’t just stop there. It dropped precisely to the demand zone we had marked earlier.
Yep. It literally played ping-pong between the two zones we mapped out.
And if you’ve been following along, you’d know this isn’t luck – it’s about reading the chart and staying prepared. I mean… have you ever had that moment when your chart analysis nails every bounce? That’s the magic of structure + liquidity.
And hey – if you want to capitalize on moves like this, I highly recommend checking out Weex. Smooth interface, low fees, and excellent execution for traders who like to move fast and smart. Just saying.
H2 Chart: Is Dogecoin Ready To Push Higher?
(Image: Benzinga Pro)
Looking at the H2 chart, the immediate picture looks bullish.
Why? Because under current price… there’s not a whole lot of liquidity left. The obvious downside targets have been cleaned out. And guess what’s still intact? That trendline underneath.
This setup kind of reminds me of when you’re waiting for price to break down – and it just refuses to give in. You keep expecting that dip… but nope, it keeps grinding up. That’s what I’m sensing here.
So in terms of dogecoin price prediction: I wouldn't be shocked to see it push higher short-term – as long as it respects that trendline and no unexpected supply slams it again.
Dogecoin Scenarios: What Could Happen Next?
Let’s stay grounded, though. We never assume certainty in this game. We observe and react – not predict blindly.
Here are the key scenarios I’m watching for:
* A break below the trendline could open the door for further drops, with the next substantial buffer at the 0.60 level.
* If buyers can maintain control above the trendline, it could pave the way for a return to the 0.70 zone, which is a pivotal resistance.
* Pay attention to any divergence in indicators like RSI, which might hint at an upcoming change in momentum.
Remember: these are probable outcomes, not guaranteed ones. The market can always surprise you – and that’s why risk management and flexibility matter more than any prediction.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- ING is reportedly preparing to enter the Euro stablecoin market.
- Apr 23, 2025 at 01:40 am
- Dutch banking giant ING is reportedly preparing to enter the Euro stablecoin market. According to a report by CoinDesk on Tuesday, April 22, ING is setting up a consortium with several other banks to develop and launch a Euro-based stablecoin.