Dogecoin Price Prediction – Bearish Price Action Could Set Stage for Massive Breakout to $0.65
2025-07-01 22:56:10
Main Idea
Dogecoin (DOGE) is currently trading in a descending wedge formation with potential for a rally, while TOKEN6900 ($T6900) emerges as a new meme coin with no fundamentals.
Key Points
1. Dogecoin price is at $0.161, down 15% over the past month, but shows signs of potential recovery with RSI and MACD indicators improving.
2. DOGE is trading within a descending wedge formation, with key support near $0.150 holding firm in June.
3. Technical analysis suggests a possible rally toward $0.30, with longer-term targets between $0.48 and $0.65.
4. TOKEN6900 ($T6900) is a new ERC-20 meme coin inspired by SPX6900, trading on nostalgia for the dot-com bubble and lacking utility.
5. TOKEN6900 has a max supply of 930,993,091 T6900, one more than SPX6900, and its value is based on community support and irony.
Description
The Dogecoin price has dipped slightly in the past 24 hours to $0.161, but technical signals hint at a major breakout brewing beneath the surface. Despite a 15% drop over the past month and what appears to be a bear flag, DOGE is approaching the end of a long-term wedge pattern—one that historically precedes explosive upside moves. Indeed, despite short-term volatility, the long-term Dogecoin price prediction continues to look good, given the coin’s strong community and its recurring support fro...
Latest News
- Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets2025-07-05 09:39:19
- Why Is Crypto Down Today? – July 4, 20252025-07-04 11:13:52
- US Spot Bitcoin ETFs See $1B Inflows in Two Days After Brief Outflow Streak2025-07-04 10:58:34
- FTX Seeks Court Approval for Restricted Jurisdiction Claims as 82% of Value Comes from Chinese Users2025-07-04 10:30:05
- Binance Launches Institutional Loans With Up to 4x Leverage, Zero Interest Offers2025-07-04 09:58:20