The price of Dogecoin has sometimes struggled this year, but the meme token has been on such a great run in the past few weeks, mirroring the current optimistic condition of the general cryptocurrency market. And if on-chain data is anything to go by, this current price rally might not be coming to an end anytime soon.
Dogecoin Successfully Clears All Major Resistance – What’s Next?
In a recent post on X, prominent analyst Ali Martinez revealed that the Dogecoin price has successfully cleared all major resistance levels. This latest on-chain revelation is based on IntoTheBlock’s price data, which revolves around the density of investors who bought the DOGE token at certain ranges.
#Dogecoin has successfully cleared all major resistance levels!
With the $0.095 support proving strong – thanks to 63,280 addresses buying 3.2 billion $DOGE – the path looks set for an upward journey. If this support remains firm, we could see #DOGE aiming for $0.14 next. pic.twitter.com/QmfZ9kY5Dh
— Ali (@ali_charts) December 8, 2023
According to the provided data, the $0.095 level seems to be the last significant resistant area for the DOGE price. And since the meme coin has gained some distance over the price range, the $0.095 area has flipped into a “strong support” – thanks to 63,280 addresses buying the cryptocurrency at this level.
Looks like there are no significant resistance areas above the current price | Source: Ali_charts/X
The chart above shows how the Dogecoin price levels around the current value look in terms of the density of investors. The size of the dot reflects the number of investors who bought the meme token at each price range.
As displayed in the above graph and highlighted by analyst Ali Martinez, there are no major resistance zones above the current DOGE price. Hence, the value of Dogecoin looks set to continue on an upward trajectory.
The crypto analyst said that if the $0.095 support range continues to hold strong, there is a growing possibility for DOGE to climb as high as $0.14 in the near future. This represents a substantial 35% rally from the meme coin’s current price point.
DOGE Price Overview
As of this writing, Dogecoin is valued at $0.103424, reflecting a 6.7% price increase in the past 24 hours. This level of growth in the last day only underscores the meme token’s positive performance in the past few weeks.
Based on data from CoinGecko, the DOGE price has increased by more than 22% in the past seven days. Meanwhile, the cryptocurrency has registered roughly a massive 35% gain in a single month.
Dogecoin ranks as the tenth-largest cryptocurrency in the sector, with a market cap of approximately $14.6 billion.
DOGE price continues upward swing on the daily timeframe | Source: DOGEUSDT chart on TradingView
Featured image from iStock, chart from TradingView
cost of generic clomiphene without rx clomid remedio where to buy generic clomiphene without dr prescription rx clomiphene where to get clomiphene pill cost generic clomid without insurance clomiphene bula profissional
More articles like this would frame the blogosphere richer.
Good blog you have here.. It’s obdurate to assign elevated quality script like yours these days. I truly appreciate individuals like you! Take guardianship!!
buy rybelsus 14mg without prescription – purchase cyproheptadine for sale buy cyproheptadine for sale
motilium 10mg pills – cyclobenzaprine 15mg generic buy cyclobenzaprine generic
amoxil over the counter – buy diovan 80mg pill order ipratropium 100 mcg generic
azithromycin pills – azithromycin online order bystolic drug
augmentin uk – https://atbioinfo.com/ ampicillin antibiotic online
purchase esomeprazole online cheap – https://anexamate.com/ buy cheap nexium
medex over the counter – cou mamide order cozaar 50mg without prescription
buy mobic online – https://moboxsin.com/ buy mobic pills
order prednisone generic – apreplson.com where can i buy prednisone
can i buy ed pills over the counter – medicine for impotence cheap erectile dysfunction pill
purchase amoxicillin pill – https://combamoxi.com/ buy amoxil medication
fluconazole online order – buy diflucan 100mg for sale purchase fluconazole for sale
cenforce pills – cost cenforce 50mg cenforce us
how long does it take cialis to start working – https://ciltadgn.com/# maximpeptide tadalafil review
when is generic cialis available – click price of cialis at walmart
order zantac 300mg pills – this purchase ranitidine without prescription
viagra prices – strong vpls viagra 50 mg for sale
I couldn’t turn down commenting. Profoundly written! https://gnolvade.com/
I couldn’t resist commenting. Adequately written! buy cheap neurontin
The reconditeness in this piece is exceptional. https://ursxdol.com/cenforce-100-200-mg-ed/
Greetings! Extremely productive par‘nesis within this article! It’s the petty changes which will espy the largest changes. Thanks a portion in the direction of sharing! https://prohnrg.com/product/rosuvastatin-for-sale/
I’ll certainly carry back to be familiar with more. https://aranitidine.com/fr/sibelium/
More articles like this would pretence of the blogosphere richer. https://ondactone.com/product/domperidone/
Thanks on putting this up. It’s evidently done.
https://doxycyclinege.com/pro/levofloxacin/
Thanks towards putting this up. It’s evidently done. http://fulloyuntr.10tl.net/member.php?action=profile&uid=3132
buy forxiga no prescription – https://janozin.com/# forxiga 10 mg usa
where to buy xenical without a prescription – https://asacostat.com/# xenical us
Greetings! Utter gainful advice within this article! It’s the scarcely changes which wish make the largest changes. Thanks a a quantity quest of sharing! https://www.forum-joyingauto.com/member.php?action=profile&uid=49500