Pundit Gives Dogecoin Price 30-40% Chance Of Crash To $0.165 As RSI Enters Oversold Levels 📉
A recent analysis on TradingView suggests Dogecoin could dip below $0.165 before rebounding. The 4-hour RSI shows oversold levels, hinting at a 30-40% chance of a short-term price drop. However, a rebound seems more probable due to the oversold RSI.
The RSI measures an asset's momentum, indicating overbought conditions above 70 and oversold below 30. Currently, Dogecoin's RSI shows strong oversold conditions across multiple timeframes, suggesting a likely upward bounce. Despite a possible decline to $0.158-$0.159, a bounce to $0.172-$0.175 is deemed more probable if support holds.
The analyst, while cautioning against financial advice, highlights a 60-70% likelihood of a relief rally if current market levels hold.
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Dogecoin (DOGE) Price: Trading Below $0.180 Level With Key Resistance at $0.1920
Dogecoin’s price stalls even as traders bet big – Mapping DOGE’s road ahead
Dogecoin Price Analysis and Forecast: DOGE Price Confirms Early Bull Phase
Dogecoin Eyes $0.30 After Breakout: But Is A Pullback on the Cards?
Dogecoin (DOGE) Price: Trading Range Persists Between $0.16 Support and $0.20 Resistance
Dogecoin (DOGE) Price: Can Bulls Push Through the $0.36 Whale Wall?
Dogecoin To The Moon? Price Eyes $0.27
Dogecoin (DOGE) Price: Trading Below $0.1750 Level With Key Resistance at $0.1780
May 17 DOGE Price Prediction: Whale Spike and On-Chain Surge Signal Breakout Watch
Dogecoin On-Chain Activity Hits 6-Month High: Eyes On $0.30 Flip or Breakdown?
Dogecoin: Assessing if bulls can push DOGE’s price past $0.25
Dogecoin (DOGE) Price: Trading at $0.21 After Recent 25% Surge, Key Resistance at $0.2380
Dogecoin Maintains $0.13 Support Amid Speculation on Potential Breakout and Market Trends
Dogecoin Faces Critical Support at $0.1667, Potential Rebound to $0.183 Awaits
Dogecoin Shows Potential to Reclaim $0.25 Amid Bullish Indicators and Liquidation Pressure
Potential For Dogecoin Mean-Reversion Rally Hinges on Demand Absorption and Key Support Levels
Dogecoin Faces Critical $0.16 Support: Could a Rally Be on the Horizon?
Dogecoin May Rally 24% if It Closes Above $0.165 Amid Positive Market Sentiment
Dogecoin’s Extended Consolidation: Could Accumulation Mitigate Short-Term Volatility?
Dogecoin Holds Above Ascending Channel: Is a Breakout on the Horizon?
Dogecoin Bulls Eye Potential Support at $0.14 Amid Ongoing Market Weakness
Potential Dogecoin Rally Ahead as Key Support Level and Increased Buying Interest Emerge
