Analyst Reveals When It Could Happen
The post Analyst Reveals When It Could Happen appeared on BitcoinEthereumNews.com.
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Dogecoin’s price swung sharply higher last week, jumping from under $0.169 on May 8 to just over $0.248 by May 12. That’s a 35% gain in seven days. Traders and investors are watching closely, as some charts and on‑chain data point to more upside ahead. Related Reading Breakout Above Long‑Term Barrier According to chart watchers on X, Dogecoin cleared a descending trendline that’s been capping gains since January 2025. That line had knocked back rallies around $0.43, $0.19 and $0.16. Now, with prices trading above it, some see a fresh floor under DOGE’s price action. Ichimoku Cloud Turns Support Based on data, the Ichimoku cloud has flipped bullish. After the price moved above the cloud, the green span settled above the red. For many traders, that shift turns what was once resistance into a cushion for future climbs. Fibonacci Levels Point Higher Analysts have also plotted Fibonacci extensions on the recent move. The 1.619 level sits at $0.69 and the 2.0 level at $0.81. If Dogecoin follows that path, these lines could mark key stopovers on the road up. $DOGE 1D – The technical fib target for Dogecoin is the green box above with this daily breakout occuring. I’m calling for $1 $DOGE because I think it will extend higher to that psych level. All of this happens by the end of summer, imo. pic.twitter.com/V3rvmre1HR — Chris (@StonkChris) May 13, 2025 Forecast Puts $1 Within Reach One independent analyst…
Filed under: News - @ May 15, 2025 12:25 pm