The ASO indicator on the chart looks like it’s repeating the same pattern we saw in 2021. Nothing is certain, but if we start December in the green and break out of this falling wedge and resistance wall, we could enter a larger range. The next move would likely target the upper zone around $0.208–$0.239.
If we fail to hold the current level next week and start below $0.141–$0.139, it’s very likely that the price will drop to a new low, somewhere around $0.065-0.070. That would mean a longer recovery period for Dogecoin to regain structure and rebuild confidence for new FOMO.
We’re in a phase of heavy fear right now, but this trend can reverse extremely quickly and turn into a bull run with maximum FOMO utilization.
good luck.
If we fail to hold the current level next week and start below $0.141–$0.139, it’s very likely that the price will drop to a new low, somewhere around $0.065-0.070. That would mean a longer recovery period for Dogecoin to regain structure and rebuild confidence for new FOMO.
We’re in a phase of heavy fear right now, but this trend can reverse extremely quickly and turn into a bull run with maximum FOMO utilization.
good luck.
Trade active
fingers crossed for all hodlers and creditorsTrade closed: target reached
Just a chart update before Christmas
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.