Analysis
Dogecoin Price Forecast: Bulls Anticipate Major Breakout
Dogecoin has recently faced a downward trend after struggling to break past crucial resistance points. Despite this setback, some analysts remain optimistic, forecasting a potential rally that could push the cryptocurrency to the $2 mark. The recent price drop saw Dogecoin fall through multiple support levels, including $0.1750, $0.1720, and $0.1620, before hovering around $0.1550. […]
Bitcoin’s Bullish Pattern Might Be a Trap, Warns Veteran Trader
A widely recognized bullish formation in Bitcoin’s price charts might not be as promising as it appears, warns veteran trader Peter Brandt. The cryptocurrency has developed an inverse head-and-shoulders pattern, typically seen as a sign of a potential upward reversal. However, the structure presents a complication—the neckline is sloping downward. Brandt, who has spent over […]