Satoshi

Sherpa

RebelSatoshi

Rekt

<p>Top analysts Altcoin Sherpa and Rekt Capital have shared insights on DOGE’s price action and potential future movements. Their analyses suggest a period of consolidation may precede an upward trend for the <a href="https://captainaltcoin.com/mew-meme-coin-price-explodes-over-130-cat-themed-coins-run-incoming/" target="_blank" rel="noopener noreferrer nofollow">meme coin</a>.</p>
<h2 class="wp-block-heading" id="strong-altcoin-sherpa-s-fibonacci-focus-strong"><strong>Altcoin Sherpa’s Fibonacci Focus</strong></h2>
<p>Altcoin Sherpa has highlighted the reliability of Fibonacci retracement levels in predicting DOGE’s price movements. The analyst noted, “These fibs have been perfect so far in terms of bottoms and pullbacks.” However, Sherpa remains cautious about declaring a definitive bottom.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$DOGE</a>: these fibs have been perfect so far in terms of bottoms and pullbacks. To be determined if that was 'the' bottom, I think that we likely pull back sometime soon and consolidate a bit. Would love to see a few weeks of chop before a stronger move up again. <a href="https://t.co/m7YAbxNCWP" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/m7YAbxNCWP</a></p>— Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1815552151919177734?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 23, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>The trader expects a near-term pullback and consolidation phase for DOGE. “Would love to see a few weeks of chop before a stronger move up again,” Sherpa added. This perspective aligns with typical market behavior following price surges.</p>
<h2 class="wp-block-heading" id="strong-dogecoin-s-chart-analysis-reveals-key-levels-strong"><strong>Dogecoin’s Chart Analysis Reveals Key Levels</strong></h2>
<p>A closer look at the chart shared by Altcoin Sherpa reveals intriguing details. DOGE recently tested the 0.618 Fibonacci level at approximately $0.12240 before bouncing back. At press time, <a href="https://www.coingecko.com/en/coins/dogecoin" target="_blank" rel="noopener noreferrer nofollow">the meme coin trades at $0.135</a> according to CoinGecko’s data.</p>
<p>The volume analysis shows increased buying interest during the recent price surge. However, as DOGE approaches the 0.5 Fibonacci level, volume has tapered off. This suggests a potential consolidation phase, supporting Sherpa’s prediction.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Next Big Airdrop?
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>Notcoin airdrop on Telegram made millions to people. Don’t miss out on the <strong><a href="https://t.me/dogshouse_bot/join?startapp=lPBZdx-GSwePJnSgqNglpA" target="_blank" rel="noopener noreferrer nofollow">next TG airdrop</a></strong> by the same team – Dogs on Ton!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/robert-kiyosaki-predicts-bitcoin-price-if-trump-becomes-us-president-again/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Robert Kiyosaki Predicts Bitcoin Price If Trump Becomes US President Again</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-rekt-capital-s-macro-perspective-strong"><strong>Rekt Capital’s Macro Perspective</strong></h2>
<p>Rekt Capital offers a <a href="https://x.com/rektcapital/status/1815468390993281112" target="_blank" rel="noopener noreferrer nofollow">broader view of DOGE’s market structure</a>. The analyst points out that Dogecoin broke its macro downtrend months ago. Since then, DOGE has been retesting this former resistance as new support.</p>
<p><em>“Successful retest here would fully confirm the end of the Macro Downtrend and the beginning of a new Macro Uptrend,”</em> Rekt Capital stated. This observation suggests a potential shift in DOGE’s long-term trajectory.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeq059mVEIPP-T7N07b_8ycWyVAUqXxUBpC_0JzIK9Ha6JGi5TugThuL0Q9dCR6dIZW2rf0U_lu5ZYCQu_ktTH2uTSa2LREYvbcXLDdaYTO6vqSdeNpZddBblomVoejR-NHZ2HCkerQbgKg6GadxLSBukXK?key=Gx28uc3nQ8nTr6C84cFCxA" alt="">
</figure>
<p>Hence, per Sherpa’s chart, if a pullback occurs, buying opportunities may emerge near lower Fibonacci levels. Conversely, a break above the 0.5 Fibonacci level with increased volume could signal continued bullish momentum.</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/top-analysts-predict-dogecoins-doge-next-move-key-price-levels-to-watch/" rel="noopener noreferrer nofollow">Top Analysts Predict Dogecoin’s (DOGE) Next Move: Key Price Levels to Watch</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Top Analysts Predict Dogecoin’s (DOGE) Next Move: Key Price Levels to Watch

Inhoudsopgave

CaptainAltcoin

Andere artikelen gepubliceerd op 23 jul 2024

Impossible Cloud Network Reveals Strategic Roadmap for Decentralized Cloud Platform

Prime Crypto Choices for Top Returns in 2024:

BlockSound - 1st Talent Agency and Crowdfunding Platform Web3-Based

Amid Rising Toncoin (TON) & Cronos (CRO) Prices, BlockDAG’s $2M Giveaway Attracts 98k+ Entries

Matera and eNor Partner to Revolutionize Cross-Border Digital Payments with Seamless Fiat-to-Stab...

Crypto Analyst Forecasts 63% Rise in Dogecoin (DOGE)

Meld je aan voor onze gratis nieuwsbrief voor dagelijkse crypto-updates!