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Tony M. Tony M.
FXStreet

Dogecoin price could be the best crypto to invest in 2022, still catching an early entry will be challenging.
Dogecoin price is finally seeing the expected retracement after rallying an impressive 58% since the June 18 lows at $0.048 into the Monday, June 27 high at $0.078. The weekend outlook mentioned the potential for a pullback with targets in the $0.055 zone, as the notorious dog coin was beginning to show exhaustion-like symptoms amidst the Sunday afternoon consolidation. On Tuesday, June 28, the bulls have finally capitulated as profit-taking has gone a bit too far, triggering breakout traders to add fuel to the bearish momentum.
Dogecoin price currently trades at $0.067 as the $0.07 barrier was unable to maintain supportive ground. A Fibonacci Projection tool surrounding the initial drop from the Monday high at $0.078 into the steepest retracement point thus far at $0.073 forecasts a 261.8% Fib level within the same vicinity of the $0.055 region mentioned in the previous outlook as a probable pullback zone. If market conditions are genuinely bullish, traders can look for a bottom and continuation of the bullish trend to commence from the $0.055 region.
tm/doge/6.28.22
DOGE/USDT 15-Minute Chart
Thus, the invalidation for the uptrend scenario remains a breach below the June 18 low at $0.048 with one contingency. Early traders should not buy the low near $0.055. Let the price fall into the $0.055 barrier level and join a breakout realistically when you see the DOGE price hurdle back above $0.065, or the safest entry is a second break above the Monday high at $0.078. 
If the technicals produce this outcome, the bulls should confidently re-route towards $0.25, to validate macro targets at $1.00. In contrast, if a V-shaped recovery does not occur near $0.055, a breach below the June 18 low of $0.048 will be inevitable. The bears could decimate the DOGE price to as low as $0.01 resulting in a 70% decrease from the current Dogecoin price. 

 
 

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Polkadot price hints at a bottom reversal pattern that could trigger a run-up soon. However, this outlook is far from being confirmed as DOT needs to overcome plenty of hurdles to kick-start its run-up. A daily candlestick close below $5.95 will invalidate the bullish thesis.
“Silver to Bitcoin’s Gold” has been Litecoin’s identity since its inception, and rightfully so since it is truly no different than Bitcoin in any way except that it is not as well known as the king coin. Regardless, Litecoin has achieved sustainability in a unique way.
Crypto.com price could fool a lot of investors in the coming weeks. As the CRO price hovers in the $0.10 zone, many declines could be losing power. Crypto.com currently auctions at $0.1065. The bulls are testing  the 8-day exponential moving average resistance.
Solana price has lost 22% of its market value since mid-September. The Volume Profile indicator is still questionable as to who dominates the market. Invalidation of the bullish idea is contingent upon a few factors mentioned below.
Bitcoin price has been on a rollercoaster ride since June 18. The most recent yet explosive run-up has hit targets mentioned in our previous publication. After hitting these levels, BTC has undone these gains quickly. 
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