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Dogecoin appears ready to reignite its bullish momentum as a classic chart pattern makes a comeback. The popular meme coin, often known for its dramatic price surges, is displaying technical signals that mirror previous breakout phases. With momentum quietly building, investors are wondering if Dogecoinâs next big rally is just around the corner. History Repeats: Dogecoin Flashes Familiar Pre-Rally Signals Crypto analyst EtherNasyonaL, in a recent post, highlighted that Dogecoin appears to be repeating one of its most reliable historical setups. Each of Dogecoinâs major rallies has been preceded by a familiar sequence of technical signals, persistence above the 25-day moving average (25MA), a breakout from a long-term descending trendline, and a subsequent retest phase that sets the stage for a new bullish cycle. Related Reading: Is The Dogecoin Low In? Analyst Charts Path To $0.60 According to the analyst, these structural markers have consistently acted as precursors to Dogecoinâs explosive moves. Whenever the price maintained strength above the 25MA after a prolonged downtrend, it often indicated that sellers had exhausted their momentum and buyers were quietly regaining control. This recurring pattern has served as a reliable indicator of an impending shift in market direction. Currently, the chart once again reflects the same behavior. Dogecoinâs price has moved above the 25MA, signaling renewed upward strength, while the downtrend has been decisively broken. The asset is now in the retest phase, a critical point where market confirmation typically occurs before momentum accelerates. This structural repetition suggests that Dogecoin may be preparing for its next major move. EtherNasyonaL also noted that this phase often coincides with widespread market doubt and bearish sentiment. Historically, the âNGMIâ (Not Gonna Make It) feeling tends to dominate just before Dogecoin begins a parabolic rally. Such pessimism often reflects capitulation among retail traders, while larger players quietly accumulate positions in anticipation of the next breakout. If history repeats, the ongoing consolidation could mark the calm before the next significant surge, a reminder that market doubt often precedes Dogecoinâs most powerful upward moves. Bullish Pennant Emerges After Market Downturn Trader Tardigrade, in a recent 4-hour chart analysis shared on X, highlighted that Dogecoin is beginning to display a fresh bullish setup following the recent market downturn. Despite the crash, the memecoin is stabilizing and carving out a constructive structure that could signal renewed buyer interest. Related Reading: Crypto Analyst Says Dogecoin Price Is âParabolic Codedâ To $1, Hereâs What It Means According to Trader Tardigrade, a Bullish Pennant pattern has emerged on the chart, a formation that typically develops after a sharp move upward, followed by a period of consolidation. If confirmed, this pattern could mark the start of a potential continuation phase, setting the stage for DOGEâs next upward move. Featured image from Getty Images, chart from Tradingview.com
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Cointelegraph
Price predictions 10/13: SPX, DXY, BTC, ETH, BNB, XRP, SOL, DOGE, ADA, HYPE
Bitcoin and the major altcoins witnessed solid buying at lower levels, but a sustained relief rally is unlikely as the bears are expected to sell at higher levels.
Bitcoin Price Crash Not Over? Analyst Predicts Another 30% Crash As Longs Pile Up Again
Top crypto analyst Capo has indicated that the Bitcoin price crash is not over. This comes amid a rebound in the flagship crypto, which has climbed from the lows recorded during the recent crypto market crash. Analyst Predicts 30% Drop For The Bitcoin Price In his latest market update, Capo predicted that the Bitcoin price could still drop another 30%. This came as he noted that the flagship crypto remains above $100,000, far from the $60,000 to $70,000 range that would align with a complete market correction. He added that until then, the downside potential remains significant. Related Reading: Bitcoin Short-Term Prediction: Why The Price Will Cross $140,000 By The End Of October This market update comes amid the crypto market crash last Friday, when Bitcoin fell to as low as $104,000 following Trumpâs announcement of a 100% tariff on China. $19 billion was wiped out from the crypto market, marking the largest liquidation event ever. Capo opined that the event was likely the âpre-Black Swan eventâ and the first phase of something larger. The analyst noted that altcoins have already seen historic capitulation, but that several major coins still havenât fully flushed. Capo asserted that the wicks should eventually be filled and that lower levels may still be ahead for the Bitcoin price and the broader crypto market. Meanwhile, he mentioned that a brief consolidation over the weekend was likely but that more downside should follow this week as the global markets open. The Bitcoin price bounced over the weekend, reaching as high as $116,000, as long positions piled up again following the wipeout. Crypto analyst The King Fisher highlighted upside liquidity of up to $118,000, noting that âweekends are for BTC range liquidations fishing.â It is worth mentioning that BTC had also rebounded thanks to Trumpâs statement on Sunday, in which he allayed fears of a full-blown trade war with China. Bull Market Is Not Done Yet Crypto analyst Titan of Crypto assured that the bull market is not yet, indicating more upside for the Bitcoin price. The analyst explained that the bull market starts when BTC reclaims its 50 SMA and that the bear market starts when it loses it. The flagship crypto also achieved a weekly candle close above $112,000, which confirmed Titan of Cryptoâs thesis. Meanwhile, crypto analyst Jelle noted that the Bitcoin price is back at the $115,000 resistance area. He further remarked that a successful reclaim of this level could send the flagship crypto to a new all-time high (ATH). BTC had hit a new all-time high above $126,000 before last weekâs crash, which erased its October gains. Related Reading: Hereâs Why The Bitcoin, Ethereum, And Dogecoin Prices Are Crashing At the time of writing, the Bitcoin price is trading at around $115,100, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
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Cointelegraph
Price predictions 10/13: SPX, DXY, BTC, ETH, BNB, XRP, SOL, DOGE, ADA, HYPE
Bitcoin and the major altcoins witnessed solid buying at lower levels, but a sustained relief rally is unlikely as the bears are expected to sell at higher levels.
Bitcoin Price Crash Not Over? Analyst Predicts Another 30% Crash As Longs Pile Up Again
Top crypto analyst Capo has indicated that the Bitcoin price crash is not over. This comes amid a rebound in the flagship crypto, which has climbed from the lows recorded during the recent crypto market crash. Analyst Predicts 30% Drop For The Bitcoin Price In his latest market update, Capo predicted that the Bitcoin price could still drop another 30%. This came as he noted that the flagship crypto remains above $100,000, far from the $60,000 to $70,000 range that would align with a complete market correction. He added that until then, the downside potential remains significant. Related Reading: Bitcoin Short-Term Prediction: Why The Price Will Cross $140,000 By The End Of October This market update comes amid the crypto market crash last Friday, when Bitcoin fell to as low as $104,000 following Trumpâs announcement of a 100% tariff on China. $19 billion was wiped out from the crypto market, marking the largest liquidation event ever. Capo opined that the event was likely the âpre-Black Swan eventâ and the first phase of something larger. The analyst noted that altcoins have already seen historic capitulation, but that several major coins still havenât fully flushed. Capo asserted that the wicks should eventually be filled and that lower levels may still be ahead for the Bitcoin price and the broader crypto market. Meanwhile, he mentioned that a brief consolidation over the weekend was likely but that more downside should follow this week as the global markets open. The Bitcoin price bounced over the weekend, reaching as high as $116,000, as long positions piled up again following the wipeout. Crypto analyst The King Fisher highlighted upside liquidity of up to $118,000, noting that âweekends are for BTC range liquidations fishing.â It is worth mentioning that BTC had also rebounded thanks to Trumpâs statement on Sunday, in which he allayed fears of a full-blown trade war with China. Bull Market Is Not Done Yet Crypto analyst Titan of Crypto assured that the bull market is not yet, indicating more upside for the Bitcoin price. The analyst explained that the bull market starts when BTC reclaims its 50 SMA and that the bear market starts when it loses it. The flagship crypto also achieved a weekly candle close above $112,000, which confirmed Titan of Cryptoâs thesis. Meanwhile, crypto analyst Jelle noted that the Bitcoin price is back at the $115,000 resistance area. He further remarked that a successful reclaim of this level could send the flagship crypto to a new all-time high (ATH). BTC had hit a new all-time high above $126,000 before last weekâs crash, which erased its October gains. Related Reading: Hereâs Why The Bitcoin, Ethereum, And Dogecoin Prices Are Crashing At the time of writing, the Bitcoin price is trading at around $115,100, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com