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Let’s analyze Dogecoin’s price action both technically and fundamentally 📈.
🔍Fundamental analysis:
Dogecoin faces risk if the proposal to cut issuance goes live. Miner rewards would shrink sharply, which could trigger exits and weaken network security. Short-term pressure on price looks more likely than gains. ⚠️
📊Technical analysis:
DOGEUSDT has been moving inside a descending channel for several sessions and is now testing a key support level shown on the chart 📉. A confirmed breakdown below this zone could open the way for an estimated 15% decline, with the next potential support area seen around 0.1845 ⚠️.
✨We put love into every post!
Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale
Let’s analyze Dogecoin’s price action both technically and fundamentally 📈.
🔍Fundamental analysis:
Dogecoin faces risk if the proposal to cut issuance goes live. Miner rewards would shrink sharply, which could trigger exits and weaken network security. Short-term pressure on price looks more likely than gains. ⚠️
📊Technical analysis:
DOGEUSDT has been moving inside a descending channel for several sessions and is now testing a key support level shown on the chart 📉. A confirmed breakdown below this zone could open the way for an estimated 15% decline, with the next potential support area seen around 0.1845 ⚠️.✨We put love into every post!
Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale
Educational plans & Free signals, all in telegram:
👉t.me/madwhalechannel
👉t.me/madwhalechannel
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Educational plans & Free signals, all in telegram:
👉t.me/madwhalechannel
👉t.me/madwhalechannel
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.