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Cryptocurrency News Articles
Dogecoin Price To Enter Phase E Next After Testing Last Point of Support
Apr 16, 2025 at 03:30 am
Crypto analyst Trader Tardigrade has provided an update on the Dogecoin price action. He revealed that the foremost meme coin is set to enter Phase E next
Crypto analyst Trader Tardigrade has provided an update on the Dogecoin price action. He revealed that the foremost meme coin is set to enter Phase E next, during which it could rally to new highs.
Dogecoin Price To Enter Phase E Next After Testing Last Point Of Support
In an X post, Trader Tardigrade stated that the Dogecoin price will enter Phase E and then the Mark-Up phase after the move of Sign of Strength (SOS) and Last Point of Support (LPS). This came as he also revealed that DOGE has entered Phase D in the Wyckoff Accumulation. The analyst also noted that the meme coin completed the TEST in Phase C and the Last Point of Support in Phase D.
His accompanying chart showed that the LPS in Phase D for the Dogecoin price is around $0.174, while the SOS will be a successful reclaim and hold above $0.18. This will usher DOGE into Phase E, where it is projected to rally to as high as $2.1, marking a new all-time high (ATH) for the foremost meme coin.
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