Dogecoin Teases ‘Diamond Bottom’ Reversal: Is A Breakout Imminent?

After a stretch of muted price action, Dogecoin (CRYPTO: DOGE) may be gearing up for a trend reversal, cushioned by positive ecosystem developments.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
Dogecoin (CRYPTO: DOGE) $0.1672 $24.9 billion -2.2%  -6.5% 
Shiba Inu (CRYPTO: SHIB) $0.00001246 $7.3billion -2.2%  -8.9% 
Pepe (CRYPTO: PEPE) $0.057798 $3.3 billion -1.9%  -14.3% 

Trader Notes: Crypto trader Trader Tardigrade pointed to a potential “Diamond Bottom” pattern forming on the daily chart, a classic signal of a downtrend ending and an uptrend beginning. He flagged the structure as a key reversal setup.

Full story available on Benzinga.com