Analyst Reveals ‘Rock Solid’ Support For Dogecoin Price Amid Market Crash

Quick Summary:

Amidst recent fluctuations in the Dogecoin price and its market crash, a crypto analyst has shared a bullish forecast for this number one meme coin, identifying key support and resistance areas that could dictate its future price trajectory.

If Dogecoin follows its historical patterns of soaring after hitting a local bottom, Trader Tardigrade has forecasted that the meme coin’s first target in 2025 would be $0.5.

Although Dogecoin experienced a price crash and briefly tested the $0.2626 level, Balo confidently asserts that this sharp decline was merely a corrective low.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: Hungary

Topics: Crypto news DOGE news Crypto Analyst Dogecoin Dogecoin Dogecoin price Analyst Dogeusdt Doge price Dogeusd Doge Altcoin News Dogecoin news Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-31 @ 23:00:10 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 476 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24797144

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Official Website: bitcoinist.com

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News Last Updated: 8 hours ago

Coverage Areas: Hungary

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