Cryptocurrency

Satoshi

FLOKI

Dogecoin

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<p>Cryptocurrency enthusiasts and traders are keenly watching the meme coin sector, where technical patterns suggest possible uptrends for Dogecoin (DOGE) and Floki. The two meme-inspired cryptocurrencies have already seen spikes today, with Dogecoin surging 15% and Floki climbing 16% as memecoins ride the wave of the general market resurgence. However, these figures seem to be just a taste of potentially bigger spikes to come.</p>
<h2 class="wp-block-heading" id="strong-dogecoin-eyes-a-bullish-breakout-strong"><strong>Dogecoin Eyes a Bullish Breakout</strong></h2>
<p>According to World Of Charts, <a href="https://captainaltcoin.com/dogecoins-head-shoulders-pattern-sparks-macro-retest-analyst-identifies-potential-catalyst-for-doge-bull-run/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin</a> (DOGE) appears poised for an upward trajectory. The analysis, which charts DOGE’s performance over four-hour increments, reveals a falling wedge pattern, indicating a correction phase might have concluded. <em>“Seems like correction has already completed and finally #Doge is ready to make higher high expecting move towards 0.27-0.30$ in case of successful breakout,”</em> <a href="https://x.com/WorldOfCharts1/status/1786394559557017925" target="_blank" rel="noopener noreferrer nofollow">tweeted</a> @WorldOfCharts1.</p>
<p>The current price of Dogecoin stands at approximately $0.13799, with an observed uptick of 4.63%. The resistance level at $0.13800 is critical; a breach could signal a shift from bearish to bullish sentiment. Conversely, failure to surpass this threshold may confine DOGE within its current downtrend channel, potentially testing lower supports again.</p>
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="472" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-109-1024x472.png" alt="" class="wp-image-486422" style="width: 100%;height:auto" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-109-1024x472.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-109-300x138.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-109-768x354.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-109-1536x708.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-109-2048x944.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-109-325x150.png 325w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-109-100x46.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-109-759x350.png 759w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-109-788x363.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-109.png 679w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Moreover, should Dogecoin overcome the $0.13800 resistance, projections suggest a substantial rise could ensue, potentially reaching above $0.23000 resistance level—an optimistic target that would represent an 80.42% increase from its current price.</p>
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<h2 class="wp-block-heading" id="strong-floki-s-bullish-flag-signals-optimism-strong"><strong>Floki’s Bullish Flag Signals Optimism</strong></h2>
<p>Meanwhile, Captain Faibik’s analysis of Floki presents a bullish flag with a decisive upside breakout. <em>“Bullish Flag Upside Breakout.. Send it to the Mars.. #Crypto #FLOKI #FLOKIUSDT,”</em> Captain Faibik <a href="https://x.com/CryptoFaibik/status/1786592005449011644" target="_blank" rel="noopener noreferrer nofollow">posted</a>. This pattern, captured in a daily timeframe, shows converging trendlines sloping downward before the price moved above the upper boundary, hinting at a potential bullish reversal.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="489" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-108-1024x489.png" alt="" class="wp-image-486414" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-108-1024x489.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-108-300x143.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-108-766x366.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-108-1536x733.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-108-2048x978.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-108-314x150.png 314w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-108-100x48.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-108-733x350.png 733w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-108-788x376.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-108.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>The projection box in the chart anticipates a rise, aiming for a 178.71% increase from the breakout point, marked at approximately $0.00011276. Such a surge hinges on the cryptocurrency maintaining its momentum above the critical breakout level, which could now serve as a new support.</p>
<p>Additionally, a sustained breakout could entrench bullish sentiment, inviting further investment into <a href="https://captainaltcoin.com/?s=FLOKI&amp;post_type=post" target="_blank" rel="noopener noreferrer nofollow">FLOKI</a>. Market conditions remaining favourable are essential for achieving these ambitious targets, reflecting broader optimism in the <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coin sector.</p>
<p>Both Dogecoin and Floki currently stand at pivotal points. For DOGE, the immediate future involves testing a key resistance level that could either confirm a new bullish phase or reinforce the current downtrend. Moreover, Floki, having signaled a breakout, now faces the challenge of maintaining its bullish momentum to realize projected gains.</p>
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<p>The post <a href="https://captainaltcoin.com/dogecoin-doge-anticipates-breakout-for-potential-80-run-floki-to-follow-watch-these-memecoins-key-price-levels/" rel="noopener noreferrer nofollow">Dogecoin (DOGE) Anticipates Breakout for Potential 80% Run, FLOKI to Follow: Watch These Memecoins Key Price Levels</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Dogecoin (DOGE) Anticipates Breakout for Potential 80% Run, FLOKI to Follow: Watch These Memecoins Key Price Levels

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