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Dogecoin Price Forms Symmetrical Triangle On Daily Chart, What To Expect If It Breaks Out Bitcoinist 6 days ago

Dogecoin Price Forms Symmetrical Triangle On Daily Chart, What To Expect If It Breaks Out 🐕

Dogecoin has experienced a significant decline, dropping 11.8% in the past 24 hours and 20% over the last seven days. The popular cryptocurrency, however, might soon test its support level at $0.30.

Technical analyst Trader Tardigrade, active on the social media platform X, has observed a symmetrical triangle forming on Dogecoin’s daily candlestick chart. A breakout from this pattern could lead to notable price movements.

Source: bitcoinist.com ↗

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