{"id":46997,"date":"2025-02-23T06:00:35","date_gmt":"2025-02-23T06:00:35","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=46997"},"modified":"2025-02-23T06:00:35","modified_gmt":"2025-02-23T06:00:35","slug":"dogecoin-price-confirming-final-retest-here-are-the-levels-to-watch-for-a-bullish-breakout","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=46997","title":{"rendered":"Dogecoin Price Confirming Final Retest, Here Are The Levels To Watch For A Bullish Breakout"},"content":{"rendered":"

Crypto analyst Basic Trading has revealed that the Dogecoin price is confirming<\/a> a final retest before a potential move to the upside. In line with this, he revealed price levels to watch for as DOGE eyes a bullish breakout.\u00a0<\/p>\n

Levels To Watch For As Dogecoin Price Confirms Final Retest<\/h2>\n

In a TradingView post<\/a>, Basic Trading highlighted $0.2, $0.5, and $5 as the levels to watch out for as the Dogecoin price confirms a final retest. This came as the analyst noted that market participants are about to witness a textbook \u2018break and retest\u2019 for Dogecoin. Alluding to the monthly chart, the analyst said that DOGE is obviously in an upward trend<\/a> despite recent corrections.\u00a0<\/p>\n

Basic Trading also remarked that the Dogecoin price has seen the expected correction of about 50% following its textbook retest of the previous all-time high<\/a> about three months ago. The analyst is confident that the foremost meme coin is about to confirm the bullish break and retest, which would eventually lead to a parabolic rally and new highs.\u00a0<\/p>\n

He predicts that DOGE will witness significant buy pressure, pushing the Dogecoin price to its current local high of around $0.5. This potential breakout would pave the way for a rally to a new ATH. Basic Trading believes that the foremost meme coin can rally to as high as $5 because of its performance in previous cycles<\/a>.\u00a0<\/p>\n

The analyst noted that the Dogecoin price enjoyed an 8,000% gain in the 2017 bull cycle and a 50,000% in the 2021 cycle. As such, he believes the $5 price level is a conservative target for DOGE in this bull run. Crypto analyst Dima Potts<\/a> also recently predicted that Dogecoin could reach $10 in this cycle as it is mirroring a similar pattern from the 2017 bull cycle.\u00a0<\/p>\n

$3 Remains A Strong Possibility For DOGE<\/h2>\n

In an X post, crypto analyst Ali Martinez<\/a> revealed how the Dogecoin price could rally to as high as $3 in this market cycle. He noted that the most critical support zone for DOGE is between $0.19 and $0.16. According to him, if this level holds, the $3 target remains a strong possibility for the foremost meme coin.\u00a0<\/p>\n

Crypto analyst Trader Tardigrade<\/a> also provided a bullish outlook for the Dogecoin price. In an X post, he stated that DOGE\u2019s macro chart is showing a similar price pattern. The analyst remarked that if it mirrors the 2017 moves, DOGE could soon experience another massive surge. His accompanying chart showed that the meme coin could reach $1.7 when this massive surge happens.\u00a0<\/p>\n

At the time of writing, the Dogecoin price is trading at around $0.25, down in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>","protected":false},"excerpt":{"rendered":"

Crypto analyst Basic Trading has revealed that the Dogecoin price is confirming a final retest before a potential move to the upside. In line with this, he revealed price levels to watch for as DOGE eyes a bullish breakout.\u00a0 Levels To Watch For As Dogecoin Price Confirms Final Retest In a TradingView post, Basic Trading […]<\/p>\n","protected":false},"author":0,"featured_media":46998,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-46997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/46997"}],"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=46997"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/46997\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/46998"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}