{"id":29850,"date":"2024-12-19T22:00:21","date_gmt":"2024-12-19T22:00:21","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=29850"},"modified":"2024-12-19T22:00:21","modified_gmt":"2024-12-19T22:00:21","slug":"this-analyst-predicted-the-dogecoin-price-crash-2-days-ago-full-prediction-shows-a-further-30-decline","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=29850","title":{"rendered":"This Analyst Predicted The Dogecoin Price Crash 2 Days Ago, Full Prediction Shows A Further 30% Decline"},"content":{"rendered":"

Two days ago, a crypto analyst accurately forecasted a Dogecoin price crash<\/a>, which has since taken place. According to the analyst\u2019s latest projections, Dogecoin is poised for a steeper decline, with an anticipated 30% crash from its current trading price.\u00a0<\/p>\n

Analyst Forecasts 30% Price Crash\u00a0<\/h2>\n

The Dogecoin price has crashed to $0.35, marking a substantial 14% decrease over the past seven days. Earlier this month, Dogecoin was trading above $0.4 after experiencing a sharp rise driven by the positive market sentiment fueled by Donald Trump\u2019s victory<\/a> in the US Presidential elections.\u00a0<\/p>\n

A TradingView crypto analyst, known as the \u2018MMBTrader\u2019 who accurately predicted Dogecoin\u2019s recent price crash, has now updated<\/a> his forecasts to warn of further potential declines. The analyst shared a chart, analyzing Dogecoin\u2019s price action <\/a>and potential future movements. Currently trading above $0.3, the DOGE price is slowly approaching a critical resistance<\/a>, illuminated by the red zone at the $0.438 level.\u00a0<\/p>\n

The red arrow on the chart illustrates a potential short-term correction<\/a>, set to trigger a Dogecoin price crash to the central support zone near the $0.25 mark. This substantial price drop would indicate a 30% decline from Dogecoin\u2019s current price. Additionally, the analyst suggests that this projected price crash is a retracement, aligning with 0.618, the Fibonacci level indicated on the chart.\u00a0<\/p>\n

The TradingView analyst has also revealed that if the Dogecoin price can establish strong support at the $0.25 level, it could confirm a bullish trend continuation<\/a>. Such a development could pave the way for a potential Dogecoin price rally in the near term.\u00a0\u00a0\u00a0<\/p>\n

Moving ahead, the green arrows in the analyst\u2019s DOGE price chart<\/a> represent the next potential phase pump. The analyst has predicted that a solid rebound from the $0.25 support level could trigger a new bullish phase for Dogecoin. Additionally, he projects a new bullish target towards the $0.75 area for Dogecoin, marking a significant leap to new price highs<\/a>.<\/p>\n

Overall, the TradingView analyst has pinpointed $0.45 as the level to watch out for. Although a drop to $0.25 would mark a 30% crash for Dogecoin, a potential surge to $0.75 would represent a 115% price increase.<\/p>\n

Dogecoin Price Breakout To $1 Sighted<\/h2>\n

While Dogecoin faces volatility and declines<\/a>, Trader Tardigrade, a prominent crypto analyst, has expressed confidence regarding the meme coin\u2019s potential shift to the upside. According to the analyst, Dogecoin is currently moving<\/a> in a defined range between $0.33 and $0.49, highlighted by the purple rectangle in the price chart.\u00a0<\/p>\n

Looking at the chart, this range represents a period of consolidation<\/a> during which the price of Dogecoin appears to fluctuate between resistance and support zones. The analyst has depicted that a breakout above the range\u2019s upper boundary could continue Dogecoin\u2019s rally to new all-time highs<\/a> at $1.05.\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

Two days ago, a crypto analyst accurately forecasted a Dogecoin price crash, which has since taken place. According to the analyst\u2019s latest projections, Dogecoin is poised for a steeper decline, with an anticipated 30% crash from its current trading price.\u00a0 Analyst Forecasts 30% Price Crash\u00a0 The Dogecoin price has crashed to $0.35, marking a substantial […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-29850","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/29850"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29850"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/29850\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}