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Dogecoin Pressing Range Highs – Can Bulls Push DOGE To ATH? Newsbtc 09 дек 2024

Dogecoin Pressing Range Highs – Can Bulls Push DOGE To ATH? 🐕

Ethereum XRP Cardano Dogecoin Cheds

Dogecoin has experienced a modest rally, breaking past local highs and reaching $0.484. Despite this excitement within the DOGE community, the price faced retracement, struggling to confirm a breakout above critical resistance.

Prominent analyst Cheds noted that if Dogecoin breaks above its range highs, a significant rally that might push DOGE to new all-time highs could be possible. He emphasized the importance of overcoming key resistance levels for maintaining bullish momentum.

Currently, Dogecoin is testing key liquidity levels around $0.44, below the $0.50 mark, prompting interest among traders. These levels serve both as support and resistance, crucial in dictating DOGE's next move.

Analysts believe clearing these thresholds can provide a clear path to new highs. However, repeated failed breakouts have left investors frustrated, while retaining focus on the $0.44 level as pivotal for Dogecoin's path.

Despite sideways consolidation, if Dogecoin successfully holds above $0.44, a potential breakout could happen, invigorating investor enthusiasm. Otherwise, downside risks remain significant, risking deeper retracement.

The upcoming days are crucial for DOGE's performance, which could set its tone towards year-end, whether through a breakout or retreat to lower levels.

Булак: www.newsbtc.com ↗

Окшош макалалар (23)

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Analyst Says Dogecoin Price Will Rise By 34%, But Will The Price Crash First?
Dogecoin Price Consolidates Ahead Of Rally, Can The Next Leg-Up Push It To A $0.74 ATH? Bitcoinist 09 дек 2024
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Analyst Says Dogecoin Price Target Still Remains $3 Despite Crypto Market Bloodbath Bitcoinist 11 дек 2024
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Past Performance Says Dogecoin Price Will Fall To $0.32 And Then Rocket 60% To $0.52, Here’s Why Bitcoinist 12 дек 2024
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Dogecoin Price Could Hit Double Digits If It Follows 2 Sub-Cycle Surges From 2017 Bitcoinist 08 дек 2024
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Dogecoin Breaks Out Of A Bullish Chart Formation, Time To Buy More DOGE?
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Dogecoin Price Bounces From Oversold Zone, Targets $18 In Next Cycle The Coin Republic 12 дек 2024
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​​Dogecoin’s bullish breakout: Is $0.66 DOGE’s next stop? Ambcrypto 08 дек 2024
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Top Analyst Ignores Dogecoin Price Crash: Sees DOGE Hitting $18 Coingape 10 дек 2024
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Dogecoin (DOGE) Breakout Alert! Bulls Eye 30% Rally Coinpedia 07 дек 2024
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Dogecoin’s Potential Path to $0.50: Analyzing Trends and Indicators for a Possible Uptrend Coinotag 11 дек 2024
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Dogecoin Indicates Potential Ascendancy Towards $0.66 Amid Increased Trading Activity and Bullish Sentiment Coinotag 08 дек 2024
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