The meme king DOGE is connecting the dots to reclaim new highs before the next bull run kicks in. This memecoin is showing technical indicators that could bring the Dogecoin price to higher levels. At the same time, DOGE whales are increasingly endorsing AI technology and pumping millions into IntelMarkets’ ongoing presale after the platform turned into a new crypto sensation.
DOGE Tests Key Support Levels: Bullish Reversal Inbound
Senior crypto analyst Ali Martinez has pointed out a key development in the recent Dogecoin price action. He noted that DOGE has pulled back to the 0.618 Fibonacci retracement level. This Fibonacci level is commonly referred to as the ‘Golden Ratio.’ Analysts have observed this level as a pivotal support zone that signals potential reversals in price trends.
Ali suggests that if DOGE maintains this level, the Dogecoin price could be primed for recovery, with bulls aiming to reclaim lost ground in the near term. Given the historical significance of the 0.618 Fibonacci level, many traders view the current setup as a potential launchpad for a new rally in the memecoin network.
Despite recent selling pressure, the Dogecoin price is still just 5% below key resistance zones that could trigger a breakout into higher price levels. Martinez and other analysts believe that if DOGE can stay at this support, the memecoin can have a strong bullish trend in the upcoming sessions.
Dogecoin Price Nears Recovery Phase
One of the critical levels to observe is DOGE’s $0.28 price point. Breaking above here could prompt fresh enthusiasm from retail and institutional buyers. As a result, the Dogecoin price could approach a sustained rebound phase. The next challenge for bulls would be to convert this level into support to make way for DOGE to secure further gains toward the $0.30 zone.
If the Dogecoin price fails to hold the $0.25 support, DOGE can be expected to suffer further downside pressure and possibly test the lower Bollinger Band at $0.22. This would constitute a 20% decline from current levels, in line with bearish estimates that DOGE is overdue for a correction prior to any projected rebound.
IntelMarkets Turns Into Crypto Sensation: Attracts DOGE Whales
IntelMarkets’ widespread adoption among memecoin investors is turning the platform into a new crypto sensation. Its $0.08 altcoin is showing signs of a potential breakout as more and more DOGE whales show interest in its ongoing presale rallies. The AI-powered platform has releases and feature updates rolling out quite often, which builds up investor confidence.
In current times of frequent data breaches in the crypto market, IntelMarkets (INTL) offers traders complete satisfaction with its enterprise-grade security protocols that ensure 100% secured trades across all asset classes. Additionally, retail traders are joining this next-generation trading platform to skyrocket their earnings before the next bull run.
IntelMarkets (INTL) Goes Viral: Presale Stage 9 Nears Completion
With the soaring presale stages on the horizon, IntelMarkets (INTL) is selling out before the estimated time. Now is ideally the perfect time for traders to buy IntelMarkets’ altcoin at $0.08 before the crypto explodes to new highs. The platform incorporates AI-driven trading signals that allow traders to land high-ticket trades with lucrative profit opportunities.
This fast-selling presale project staffs experts from MIT, Renaissance Technologies, and OpenAI to deliver the best blockchain developments and security protocols in the network. As the first native AI blockchain platform, IntelMarkets is changing how investors trade cryptos with its cutting-edge AI technology. Learn more about IntelMarkets’ fast-selling presale below.
Discover More About IntelMarkets:
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets