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Analyst Says Dogecoin Price Has Formed ‘Perfect Market Structure,’ Here’s What Comes Next

Bitcoinist LogoBitcoinist2w ago

Analyst Says Dogecoin Price Has Formed ‘Perfect Market Structure,’ Here’s What Comes Next - Bitcoinist

Quick Summary:

Analyst Viaquant has said that the Dogecoin price has formed a perfect market structure.’ This is bullish for the foremost meme coin as the analyst revealed that DOGE looks set to enter into a parabolic phase.

He further explained that after the perfect rejection at the 0.618 around $0.18, DOGE had retested the level that it needed to, with that old resistance level now looking likely to become a support level.

Master Kenobi is also confident that Musk will make bold moves in this bull market regarding how he shills Dogecoin besides his D.O.G.E department.


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Analyst Says Dogecoin Price Has Formed ‘Perfect Market Structure,’ Here’s What Comes Next - Bitcoinist (Picture 1)Analyst Says Dogecoin Price Has Formed ‘Perfect Market Structure,’ Here’s What Comes Next - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 18:00:11 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 501 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 23403033

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 10 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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