Investors are quietly buying the Dogecoin currency, while the start of a new assembly stage can be paid at high levels by the end of the summer. According to a modern article on the Crypto Man Mab analyst, a clear double cast iron model is formed on the graphic diagram of the price of the Dogoin currency in the context of a week, a model often paved for strong reflections in the direction, which can be an introduction to high prices.
This model is generally considered to be an indication of the reflection of the price movement towards the rise, which has the interest of traders who expect clear confirmation signals, and the current technical view indicates that the price of the Dogecoin can be on the verge of moving an important movement if it coincided with an upward dynamic.
Dogecoin prices analysis-Where is he going now?
The level of decisive support is $ 0.142 The axis of this model, which is set by the Crypto Man Mab as a decisive area which could determine the fate of the following management, this level was a high support during the first price in early April 2025, and renewed on the second substance at the end of last June, which emphasizes its importance in all expectations that tend towards a direction. Positive.
According to the vision of the analyst, if the bulls (the heights) can defend this level of support and restore the momentum, the following level of resistance is located nearly $ 0.26, which is the neckline of the double -bottomed model. Decisive penetration on this point will confirm the validity of prices reflection, which can open the way to a possible height of approximately $ 0.47.
In addition to the double background, the price of DOGA is another positive signal, which is the descending chain model than the levels of support and resistance of the price of the Dogoin currency from the end of 2024 to April, and this is generally considered as an indication of a possible penetration.
Otherwise, the RSI is still swinging at the bottom of the neutral area at 50. Any strong movement in this neutral region will improve emerging expectations, but the stability of around $ 0.142 can remain the master of the situation until favorable market developments pay the price of new levels.
And if this height is reached, the price can face a certain resistance to the lowest levels of the two ranges, $ 0.30 and $ 0.40, but if the price of the MIM favorite MIM overall recovers this price area, this door can open about $ 0.47 with the end of summer.
In general, the Crypto Man Mab analyst believes that the Dogecoin price is witness to a very important moment, motivated by the optimism which surrounds the possibility of approval of the immediate negotiation funds for the Dogkin currency on the stock market (Dogecoin Spot ETF).
With the demand of VIPs and small investors to quietly collect the part of the Dogecoin (the price of the Dogecoin currency has increased by 8% in the last seven days), the favorable conditions for the penetration of my price have been more and more.
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