"Dogecoin's life and death! Will it big dump 90% if it falls below $0.19, or big pump 25 times?"


Dogecoin is now truly standing on the edge of a cliff, and no one can predict its future! Analyst Ali Martinez directly stated: If Dogecoin falls below the key support of $0.19, the price may plummet directly to $0.015, a drop of over 90%! The current price of Dogecoin is $0.2029, down 2.87% in the past day, and even more dismal in the past month, down 23%. Interestingly, just when everyone thought it was over, some large holders were frantically buying the dip, purchasing 1.5 billion Dogecoins in one go. The optimists are even calling for a target price of $2.5 or even $5.
$0.19: life and death line
Martinez analysis said that Dogecoin has been fluctuating in an upward channel since 2014. Historically, it has bounced from the lower rail to the upper rail several times. Now, $0.19 has become a key level. If it falls below, Dogecoin may crash directly to $0.015, setting a new historical low. However, analysts at Solbert Invest are not so pessimistic. They believe that if Dogecoin can hold the macro support level, the lowest it could fall to is $0.17, with a chance to rebound to $0.57 to $0.82 afterwards.
Big players bottom fishing, $2.5 in the game?
Although the market is bearish, the big players are not idle, directly buying 150 million Dogecoin, bringing a glimmer of hope to the market. Crypto Patel said that the current price range is a "key accumulation zone", historically Dogecoin has rebounded several times at this position, this time it may rise to $0.32, $0.585, or even $2.5. What's more exaggerated is that the analyst from Crypto Daily Trade Signals directly announced a target price of $5, claiming it is based on the conclusion drawn from the ADX chart.
The game begins: Heaven or Hell?
The support level of $0.19 is now really precarious. Once it breaks, the market may panic sell, leading to a direct collapse in price; but if it holds, there is still a chance for Dogecoin to surge. In the past 7 days, Dogecoin has risen by 7.5%. Can this small increase bring about a turning point? As the "King of Meme Coins", the fate of Dogecoin has truly touched countless people's hearts.
Will it fall to $0.015 and become a laughingstock, or will it rise to $5 and become a legend? The gamble has begun, do you dare to bet? #Trading Tips for Volatility #Which Coins are You Bullish on for March? #Dogecoin (DOGE)#
DOGE0,91%
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