Dogecoin: Cup and Handle Pattern Targets $0.10
Dogecoin at $0.09 forms cup and handle on 12-hour chart with breakout potential to $0.10 amid neutral RSI and MACD death cross on 4h data.
SourceAnalysis
DOGE displays a cup and handle formation on the 12-hour chart where the cup marks accumulation and the handle reflects tightening consolidation under resistance. A confirmed break above the handle trendline with rising volume could drive price toward the $0.10 psychological level and revive momentum. DOGE price prediction scenarios now hinge on follow-through rather than a single wick.
Price sits at $0.09 testing upper Bollinger resistance while RSI(14) holds neutral at 52.05 and MACD prints a death cross; this confluence points to a likely retracement toward the EMA50 support at $0.09 before any sustained push higher.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.