In the last week, the price of the breast coin Dge fell by 18.50 %. Meanwhile, their new rival Trump and Mellania faced decreases over 30 %and 25 %, respectively. However, according to experienced technical analyst Yashu Gala, potential signs for breast coins are seen.
Doge Technical Analysis: Breast CoIN is preparing for a 30 %rise!
Dogecoin (Doge) shows signs of breaking a potential bull from the rising triangular formation. This points to a 30 %rally in February. The 4 -hour DOME/USD graph emphasizes a price range narrowed with a series of high bottoms that pointing to $ 0.28 dollars and increased rise momentum. A precise break on the upper trend line of the triangle can push Dogge towards $ 0.35 in line with the technical price target of the formation.
Doge/USD four -hour price graph. Source: TradingViewHowever, the downward risks persist if Dge cannot exit and the rising triangle falls below the lower trend line. A fault can change the momentum in favor of bears and exposure Doge to a deeper correction towards the range of $ 0.23-0.20, an important support zone for February. While the relative power index (RSI) is below 50 points to a cautious optimism, Dogge needs a strong volume confirmation to maintain a break. However, the traders will probably follow a one -day closing over $ 0.28 to verify the upward installation. On the other hand, a decrease below $ 0.25 may indicate a potential collapse.
Trump Technical Analysis: Taurus decomposition was detected!
Official Trump (Trump) breast coin shows early symptoms of a potential rise after a long -term decrease trend. The 4 -hour Trump/USD graph shows that there is a tendency to rise between the price movement and the relative power index (RSI) and that the downward momentum is weakened.
Trump recently aligned with a significant Fibonacci correction level (0%) by finding a support of around $ 15.80. Although the RSI prices went to lower levels, it began to rise to higher levels. This separation points to increased procurement pressure. The descending trend line can confirm a short -term turn and Trump can see the 50 -day EMA (about $ 22.82) as the next level of resistance. Moreover, the volume profile visible range (VPVR) shows an important liquidity zone between 29 and $ 39. In addition, 23.6 %(29.73 dollars) and 38.2 %($ 39.36) Fibonacci levels are in line with these important areas of resistance. Recovery of these levels can open the door for a more powerful rally for 45.33 dollars (50%FIB correction).
Trump/USD four -hour price graph. Source: TradingViewHowever, failure to go on sudden resistance may lead to re -testing of $ 15,80. Under this support, a breaking has a deeper risk of loss, and $ 13,50-12.00 emerges as the next decline targets per VPVR’s low volume areas.
Mellania Technical Analysis: For Breast Coin ‘head and shoulder’ formation continues!
Official Melania (Melania) Tokenı shows a potential bull after creating the opposite head and shoulder (H&S) formation in the 4 -hour Melania/USDT graph. This classic technical installation shows that there is a change in the momentum after a long -term decrease trend and re -seizing the control of buyers.
The formation consists of three basic elements: the left shoulder, the head (bottom) and the right shoulder, all of which are formed below the neckline resistance of approximately $ 1.70. Melania confirmed the rise breaking by successfully out of this neckline. The measured movement projection points to a potential rally towards $ 2,31 in line with the expected upward target of the formation. In addition, the 50 -day EMA (about $ 1.98) continues to be an important level of resistance that Mellania should turn into support to maintain upward acceleration. Recovery of this level can prepare the ground for a rally that continues to $ 2,30-2.50 in the short term.
MELIANIA/USD Four Hour Price ChartIn the lower direction, not being able to hold onto the neck line may invalidate the upward installation and cause the risk of withdrawal to $ 1,50-1.40, and the low level of the head acts as the last defense line.
The opinions and estimates in the article belong to the analyst and are not definitely investment advice. Kriptokoin.comWe recommend that you do your own research before investing.
