Dogecoin At $0.1 Is A ‘Gift’, Falling Wedge Breaking Bullish To Send Price To $0.2

Quick Summary:

In the case of Dogecoin, this pattern was highlighted by a technical analyst known pseudonymously as Crypto Yapper on social media platform X.  Related Reading: Analyst Sounds Warning For Bullish Investors, Says Solana Will Crash 42% To $80 According to the DOGE/USDT chart on the 1D candlestick, DOGE has largely been on a downtrend since it peaked at its yearly high of $0.22 in March.

This Falling Wedge on the #DOGE daily chart is close to breaking Bullish The break out target for #Dogecoin will be $0.20 pic.twitter.com/MoAQe1Xo6r — Crypto Yapper (@CryptoYapper) September 14, 2024 Since bouncing off $0.088 on September 6, DOGE has traveled upwards to retest the upper trendline of the falling wedge at around $0.108.

Related Reading: Analyst Says Bitcoin Will Reach $68,000 By End Of September, $90,000 In December Echoing the falling wedge pattern analysis is another DOGE trader (CryptoHotep).

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Author / Journalist: Scott Matherson

Category: Crypto

Markets: United Kingdom

Topics: Analyst Doge Dogeusd Dogecoin news Dogeusdt Doge price DOGE news Dogecoin price Crypto Crypto analyst Crypto news Dogecoin

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Published On: 2024-09-16 @ 21:00:01 (14 hours ago)

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Language: English

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