Dogecoin Defends $0.14 Support in Descending Triangle, Potential Bounce to $0.21 Ahead
The post Dogecoin Defends $0.14 Support in Descending Triangle, Potential Bounce to $0.21 Ahead appeared on BitcoinEthereumNews.com.
Dogecoin is defending its key $0.14 support level within a descending triangle pattern on the 3-day chart, showing compressed volatility and buyer resilience that could lead to a bounce targeting $0.21 to $0.47 if the pattern breaks upward. Dogecoin maintains support above the descending triangle’s lower boundary on the 3-day chart, indicating strong buyer defense. Compressed volatility with repeated price rebounds suggests building momentum for a potential upward move. Upside targets range from $0.155 to $0.47, backed by historical reaction zones and current market data showing a $21.13 billion capitalization. Dogecoin $0.14 support holds firm in descending triangle amid compressed volatility—explore buyer defense signals and potential bounce to $0.47. Stay informed on DOGE price action today! What is Dogecoin’s Current Price Structure in the Descending Triangle? Dogecoin’s price structure features a descending triangle on the 3-day chart, where the cryptocurrency is actively defending a critical support level near $0.14. This pattern, formed over several months, shows lower highs converging toward a flat support line, with recent price action stabilizing above this boundary after downside wicks. Compressed volatility within the triangle hints at an impending breakout, potentially favoring buyers if support holds. #DOGE Triangle Support Test in ProgressDogecoin is holding above the lower boundary of the descending triangle formation on the 3-day timeframe.The technical setup presents favorable risk-reward for buyers defending current levels.A successful bounce could trigger… — Jonathan Carter (@JohncyCrypto) December 12, 2025 According to analysis by crypto analyst Jonathan Carter, Dogecoin remains resilient at the triangle’s base without a confirmed breakdown. Carter notes that multiple rebounds from this $0.14 zone underscore consistent buyer participation during recent trading sessions. This defense prevents further downside, keeping the overall pattern intact and drawing attention from market observers tracking higher timeframe developments. Source: AliCharts(X) Candlestick patterns reveal stabilization, with closes consistently above the…
Filed under: News - @ December 14, 2025 6:23 am