Reason to trust
Editorial policy rejection that focuses on precision, relevance and impartiality
Created by experts in the sector and meticulously revised
The highest standards of reporting and publishing
Editorial policy rejection that focuses on precision, relevance and impartiality
Pretium leo et nisl alquam mollis measles. Quisque Arcu Lorem, ultricies quis pellesque nec, ullamcorper eu hate.
Este Artículo También Está available en español.
Dogecoin begins in June balanced on the edge of the knife of a large technical fulcrum, his next decisive swing will probably be dictated by a narrow support band that is Kevin (@kev_capiotal_ta) and the Cantonese cat (@cantonmeow) have brought to a strong relief.
Dogecoin showdown at $ 0.19
On Kevin’s daily view, the focus is the $ 0,1901– $ 0,1839 corridor. The area is not arbitrary: it is anchored by the 50 % restoration of fibonacci of the explosive increase of 11 May ($ 0.2597) and is suspended suspended by the retracing cluster 0.618-0.65 to $ 0.1976 and $ 0,2005.
Reading Reading
The long red candle on Friday cut through the ICHIMOKU conversion line and stopped inside a mustache of that FIB 0.50, producing the first wind of repetition of the floor just coined. A daily closure at the bottom would expose the 0.382 marker of the same leg to $ 0.1694 and, in addition to this, the lower track of the descending trend line of a multi-year period now insinuates itself towards $ 0.14 at the end of this month. On the contrary, a prolonged offer within the band would confirm it as a staging land for another attempt to rise towards the extension 0.703 to $ 0.2117.
The analysis of the Cantonese cat frames the identical area while the neckline of a head and reverse shoulders has been carved for three months. The swing in mid -March low formed the left shoulder, the capitulation at the beginning of April produced a deeper head and the initial depression of May completed the right shoulder.
The Shaded’s neckline-noun between about $ 0.187 and $ 0.194-it was decisively pierced on May 9, after which the price went back for a back-back return test. Keep the neckline keeps the inversion intact; Slip under it canceled the reason and the moment of the hand to bears.
Long -term doge prospects remains bullish
A wider perspective derives from the monthly chart of the Cantonese cat, in which Dogecoin printed seven directly within the range of $ 0.16 to $ 0.42. This compression appears within a primary upright tendency defined by the following higher higher (May 2024 and November 2024) and higher minimums (August 2024 and April 2025).
Reading Reading
Scheez inside the bar of this length remain rarely dormant: statistically the break often travels a distance comparable to the interval of the parent-city candle 26 cents in this case-once a control of both sides. Until that break arrives, the $ 0.16 floor and the $ 0.42 ceiling of the November stops outline the external limits of the consolidation.
The overloaded resistance remains stratified. If buyers defend the neckline and recover the $ 0.20 handle, Kevin’s $ 0.2117 extension becomes the first Waypoint. Beyond is the band from $ 0.25- $ 0.26, which closed the May event. A clean move through that platform would almost certainly report that the monthly compression has resolved higher and put the line of figure of $ 0.29 on the radar.
For now, however, the visual field of the market has restricted a strip just a penny. It is qui-tra $ 0.190 and $ 0.184-What the reverse inverse neckline of Memecoin meets Kevin’s critical fibonacci handle. As analysts agree, Dogecoin’s immediate destiny depends on the fact that that protrusion holds or crumbles in the days to come.
At the time of the press, Doge exchanged $ 0,19211.
First floor image created with Dall.e, graphic designer by tradingview.com