The weakness in the King cryptocurrency continues at the time of writing, with the $62,000 level lost. Cryptocurrencies were generally painted red ahead of the Fed minutes coming hours later. One of the popular crypto analysts shared his chart about 2 hours ago showing that we may be experiencing a repeat of 2021 for DOGE.
Dogecoin Future Comment
BTC while experiencing a decline DOGE With an increase of 2 percent, it finds buyers at the level of 0.11 dollars. In the short term, maintaining $0.105 as support is necessary for new upward attempts. Trader Tardigrade is looking for Dogecoin in 2021 
$0.108721He mentioned that we may soon see an upward break after a long consolidation period similar to the one experienced by .
“DOGE The Williams Alligator has shown a convergence pattern following the break of a long downtrend. “This has the same pattern as the last consolidation before the Great Bull Run in 2021.”
In a repeat of the previous move, if proven right, the analyst shares a price target of $1.8 as a cycle top. Upside momentum may pick up at $0.5.
ETH and Bitcoin Predictions
Mikybull made an extremely assertive comment about the largest altcoin by market value. Now in the chart he shared ether He mentions that the price is in the final stage before starting the rally with a target of 5 thousand dollars. Bitcoin with new ATH level reached if proven right 
$62,122 Market dominance may weaken and create the necessary environment for a parabolic rise in altcoins.
“ETH“The next rally wave of ‘s price, which will reach 5 thousand dollars in the short term, is about to begin.”
Daan Crypto Trades, on the other hand, drew attention to the liquidation cluster at $61,400 before BTC’s ongoing decline at the time of writing.
“BitcoinThere are quite large liquidation clusters at the $61,400 and $62,600 levels. The reason these are relatively large is because of the time spent around this $62K price level, which has been quite volatile. “So far there has been a good amount of positioning here.”
At the time of writing, the opening of the US markets was about half an hour away, and since BTC generally accelerates its decline with the market opening, liquidation of long positions at the relevant level may trigger deeper bottoms.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
