A widely followed cryptocurrency analyst expressed optimism on Monday that Mastiff DOGE / USD I would live a “last step”, potentially raising the memes piece on the theme of the dog closer to the peaks of all time.
What happened: In a X post, Abbot The current Dogecoin market conditions are like those of the first half of 2021, when the same part exploded at $ 0.70.
“I think the next Doge Run will be fueled by the bracing of the Elon and Doge department,” said the analyst, referring to the ambitious cost reduction effort of Elon Musk It plays on the popularity of the memes play.
Another well -known merchant, Carl Moon, believed that Dogecoin could get out of the database of the falling hold and potentially reaching $ 0.44 if it survived the current crisis.
A declining corner is a bullish scheme which suggests a potential movement of upward prices and a reversal of trends.
Far from the Haussier account, commentator of the influential cryptocurrency market Ali Martinez Noted the ride downward by Dogecoin of a symmetrical triangle motif, placing a target at $ 0.197.
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Why it matters: These projections come In the middle of a clear drop on the cryptocurrency market, fueled by the president Donald Trump Price threats and fears of potential liquidation of hacked funds for the cryptocurrency exchange Go through.
Action: Dogecoin exchanged $ 0.2,115 at the time of writing this article, down 8.50% in the last 24 hours and more than 40% in one month, according to Data from Benzinga Pro.
Large DOGE transactions, valued at more than $ 100,000, have jumped 41% in the past 24 hours, according to In Intotheblock, while the offer held by long -term holders decreased by 0.88%, which suggests that investors were collecting.
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