Crypto Analyst Sees Dogecoin Retracing Back With Slight Gains — But Only After Minor Correction
Portfolio Pulse from Mehab Qureshi
Crypto analyst Rekt Capital predicts a potential bullish divergence for Dogecoin (DOGE), suggesting a positive trend after a minor correction. The analysis points to a consolidation phase, indicating price stability for DOGE until further developments. The analyst expects DOGE to reach around $0.070 after rebounding from its bottom level of $0.058. Chainlink's (LINK) native token has experienced a 13% price drop after facing rejection from its range-high resistance.
September 25, 2023 | 12:31 pm
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NEGATIVE IMPACT
Chainlink's native token has experienced a 13% price drop after facing rejection from its range-high resistance.
Chainlink's native token has faced a significant price drop after being rejected from its range-high resistance. This suggests a negative short-term impact on its price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Dogecoin is expected to see a positive trend after a minor correction, with potential to reach around $0.070.
The analyst's prediction of a bullish divergence suggests a positive trend for Dogecoin after a minor correction. This could potentially drive the price up to around $0.070.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100