Key control
The rupture of the triangle pattern, combined with the accumulation of Doge, suggested that Memecoin could be trying to start a rally on the lists.
Dogecoin [DOGE]At the time of writing, it increased 7.7% in the last 24 hours. Memecoin’s price lists revealed that Dege’s volatility decreased largely over the weekend, and their recent profits suggest that a bullish movement can be incoming.
The accumulation of whales, the increase in the supply of short -term headlines and a rupture of a triangle pattern also helped build the Alcista de Dogecoin case.
Examine the evidence of a Alcista Dogoin
Source: Ochain lens in X
A whale withdrew 10,366 million duxes with a value of $ 2.25 million on September 7, Binance. This wallet had been inactive for two years.
Such whale accumulation is a good sign for Dogecoin. Especially because sustained accumulation and demand could start a rally.
Source: Tardigrade Trader in X
In a publication on X, trader tardigrade observed that Dogecoin seemed to be breaking a triangle pattern in the 4 -hour table. While this is expected to have a strongly bullish monitoring after the consolidation of last week, $ 0.224 would be a short -term key resistance.
If this level can be broken, the level of $ 0.24 would be the next goal this week.
Source: Joao Wedson in X
The founder of Alphractal, Joao Wedson, also pointed out that Dogecoin’s short -term holder has begun to increase, reflecting the accumulation. Historically, an increase in STH supply levels has corresponded to strong bullish conditions for Doge.
Therefore, long -term investors would like to stack more dux, although volatility is present. This would mean that Memecoin will not make a higher trend in a straight line.
Source: Doge/USDT in TrainingView
Finally, the mouth of the Bollinger bands in the 12 -hour table had been closing around the price candles in the last three days. However, they began to expand after the rapid Doge Movement. Since established a minimum of $ 0.212 on Saturday, September 6, Dogecoin has recovered at 9.71% in 36 hours.
The obvious has been up higher in the last ten days to reflect the purchasing pressure in the increase as well. In fact, the obvious findings reinforced the rest of the evidence of a short -term bullish pixie.
However, the Memecoin has negotiated within a range (white) since March. The high range at $ 0.25 would be a significant obstacle to the efforts of the bulls.
