Dogecoin’s Parallel Channel Formation Hints At A Path To New All-Time High

Quick Summary:

Dogecoin‘s persistent bearish performance might be coming to an end shortly as the meme coin appears to have formed a bullish chart pattern, capable of igniting upward momentum.

With price movements eyeing a bounce toward the upside, crypto analysts anticipate an upsurge for DOGE to new highs.

While Dogecoin gears up for a substantial rally to new highs, its bull run is likely to end in the upcoming months, which will cause the beginning of its bear phase.

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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: Hungary

Topics: Meme coin Dogeusdt Dogecoin price Trader Tardigrade Dogecoin Fibonacci Level Altcoin News Dogeusd Dogecoin Doge price Parallel Channel Pattern Doge Chandler

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 15:02:21 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 485 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 26032895

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 10 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

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Publication Timezone: GMT +8:00

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Publisher ID: #105

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