Dogecoin price risks crash below $ 0.1, but can bulls facilitate this 800% recovery to $ 1.82 first?

Dogecoin price risks crash below $ 0.1, but can bulls facilitate this 800% recovery to $ 1.82 first?

The new technical analysis suggests that Dogecoin’s price He is staggering at a fundamental point that could dictate his career for the coming months. According to a cryptographic analyst, La Moneda Meme faces two possibilities: A massive bullish breakdown That could catapullar dux in 800% to a new peak of $ 1.82, followed by a possible block that can drag the value of the meme currency below $ 0.1.

Dogecoin Price to see a massive rally before the shock

In a publication of August 31 on social networks X, the Krisspax cryptographic analyst announced That dogecoin can be on the edge of a dramatic manifestation if Historical price action and Fibonacci extensions develop. He projected that Dege could change to the Fibonacci 2.618 level this fall, which is aligned with the price mark of $ 1.82. Such bullish movement would represent a notable gain of 800% of the current value of the meme currency of approximately $ 0.218.

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Krisspax shared a table that shows multiple accumulation areas where Dogecoin remained firm despite broader market correctionsindicating that long -term holders could be reinforcing prices stability. Although the perspective points to a Explosive rise potential for DuxThe analyst also warned that a bearish and imminent scenario is still at stake.

Based on the trajectory of the table, once Dogecoin reaches the maximum of $ 1.82 of $ 1.82 projected, the meme coin You could experience an steep collapse Towards $ 0.09 (0.236 fibonacci setback), reviewing its weakest levels since 2023. Krisspax referred to this area as a “gift” in its table, which suggests that you can offer the opportunity to accumulate at lower prices.

Source: Krisspax graphic in X

With the price now floating near the key resistance, Dogecoin seems to be approaching a decisive moment that could determine its next objective. For investors, this presents a classic high -risk configuration and high reward that could offer strong profits to early accumulation before rupture or deliver significant losses if the bearish pressure sends the currency meme currency.

Advancing, Krisspax indicated The current price of that Dogecoin, in relation to its previous peaks, could be an opportunity for merchants to add to their portfolios. He warns that doubting him in buying at discount levels could result in staying out when Doge begins another steep rise.

$ 0.23 identified as key breakup threshold

In a separate X post, the expert in the Crypto Ali Martínez market shared His latest Dogecoin analysis, taking a more bullish position. He pointed to a Symmetric triangle pattern formation In the 4 -hour Dogecoin table, where the price action has been consolidating between tightening support and resistance lines. According to its analysis, this type of training often indicates an imminent break, with the direction determined ultimately by the limit the pattern is violated.

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Martínez has identified $ 0.23 as the critical level of see. If Dogecoin breaks above this threshold with a convincing volume, he could trigger a Fresh rally Towards resistance levels higher than $ 0.25, $ 0.28 and potentially $ 0.30. The projection of the analyst’s table describes a step ascent once the rupture is confirmed, which suggests a sustainable rally instead of an immediate peak.

Dogecoin
Doge merchant at $ 0.21 in Figure 1D | Source: Degeusdt in TrainingView.com

Getty Images’s prominent image, Record of TrainingView.com

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