Dogecoin

<ul><li>Dogecoin&#39;s pivotal support at $0.148 signals bullish momentum; failing to hold risks a drop to $0.106, per analyst Crypto Tony.</li><li>A breakout above the downtrend line suggests a trend reversal for Dogecoin, supported by strong buying pressure and bullish sentiment.</li><li>Traders monitor Dogecoin&#39;s consolidation phase closely as it hovers between key support and resistance levels, guiding potential trading strategies.</li></ul>In a recent analysis, crypto analyst Crypto Tony (&#64;CryptoTony__) pinpointed crucial price levels for Dogecoin (DOGE) amidst its current market activities. According to the <a href="https://x.com/CryptoTony__/status/1784688538849804434" rel="noopener noreferrer nofollow">update</a>, Dogecoin needs to maintain $0.148 to sustain bullish momentum. Failure to hold might drive the price down to $0.106.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/ecf5c03055824fa79ad5f0c4e336b740.png" />According to Tony&#39;s chart analysis, the technical landscape for Dogecoin suggests a significant shift. The crypto asset has successfully broken above a persevering downtrend line, which indicates a potential trend reversal from bearish to bullish sentiments. Following the breakout, <a href="https://cryptotale.org/dogecoins-market-position-hinges-on-stability-above-0-19-threshold/" rel="noopener noreferrer nofollow">Dogecoin exhibited strong</a> bullish momentum, marked by substantial green candles, suggesting robust buying pressure.<a href="https://cryptotale.org/can-dogecoin-sustain-the-bullish-momentum-key-levels-to-watch/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Can Dogecoin Sustain the Bullish Momentum? Key Levels to Watch

CryptoTale

Other articles published on Apr 29, 2024

Examining The Bold Downfall of Bitcoin ETFs Within a Month

New meme coin Dogecoin20 pumps 140%; Dogeverse to explode next?

MicroPets, A Journey of Redemption Led by Jessus Zambrano

How easy and cheap it is to move to El Salvador with crypto

ZachXBT Uncovers How Lazarus Group Launders Money

Australia to Launch Its First Spot Bitcoin ETFs by Late 2024, Expanding Crypto Access

Join our free newsletter for daily crypto updates!