Dogecoin Shows Potential Golden Cross and Wave 3 Setup Amid Growing ETF Speculation
Main Idea
Dogecoin shows bullish signals with a Golden Cross and Elliott Wave 3 pattern, targeting $0.3763, supported by strong $0.12 support and growing optimism around ETF approval.
Key Points
1. Dogecoin has formed a Golden Cross and Elliott Wave 3 pattern, indicating a bullish trend with a target price of $0.3763.
2. The double bottom pattern near $0.12 has provided strong support, aligning with Elliott Wave Theory's Wave 3 phase.
3. Market speculation places the odds of a Dogecoin ETF approval at 75%, fueling investor optimism.
4. Historical patterns from 2017 and 2021 suggest Dogecoin could be preparing for another significant upward move.
5. Analysts highlight that breaking above key resistance levels could confirm a sustained bullish trend.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Dogecoin has formed
Latest News
- Bitcoin Dips Below $113,000 Amid Broad Crypto Market Decline on August 2nd2025-08-02 00:56:23
- Bitcoin Heat Macro Phase at 44% Suggests Balanced Market With Potential for Accumulation or Distribution2025-08-02 00:56:07
- Trump Criticizes Fed’s High Interest Rates, Hints at Firing Powell Amid Market Concerns2025-08-02 00:43:52
- TRUMP TELLS NEWSMAX POWELL WILL ‘MOST LIKELY’ STAY ON AS CHAIR2025-08-02 00:17:19
- Bitcoin Liquidation Surge: BTC Breaks $118,936 Triggering $3.97 Billion Short Liquidations on Major CEXs2025-08-02 00:17:07