Dogecoin Hits Critical Zone—Here’s What 3 Leading Analysts Are Watching 🐕
Dogecoin has captured the attention of leading analysts with its recent price movements, surging from $0.1298 to $0.2597. Three top market technicians have shared their perspectives on the meme-coin's future trajectory. Ali Martinez highlights a critical resistance zone between $0.25 and $0.27 on a 12-hour chart, which has repeatedly acted as resistance.
Rekt Capital zooms out to a weekly chart, noting key support and resistance levels near $0.22014, dubbed "Pre-Halving resistance," and emphasizes the importance of maintaining momentum above $0.22 to target $0.27 next. Furthermore, Bitcoinsensus notes a looming bullish MACD crossover that may drive Dogecoin toward $0.72.
If Dogecoin can break decisively above $0.27, it may neutralize the current multi-month supply zone and validate Rekt Capital’s and Bitcoinsensus' projections. If it fails to maintain this level, attention may shift back to trend-line and horizontal support levels near $0.15.
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