Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Ethereum price surges 6% to $2,800 as shorts suffer amid $500M crypto liquidation

    July 10, 2025

    Bitget Wallet launches new Pump.fun integrated mobile app for meme coin trading

    July 10, 2025

    Announcement – Certified Cryptocurrency Professional (CCP)™ Certification Launched

    July 10, 2025
    Facebook X (Twitter) Instagram
    Cryptify Now
    • Home
    • Features
      • Typography
      • Contact
      • View All On Demos
    • Typography
    • Buy Now
    X (Twitter) Instagram YouTube LinkedIn
    Cryptify Now
    You are at:Home » can accumulation spark another rally?
    Crypto

    can accumulation spark another rally?

    James WilsonBy James WilsonApril 29, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Baby Doge is back at the bottom of its long-standing trading range, historically a launchpad for bullish expansion. If accumulation holds here again, we may see a repeat move toward the highs.

    Baby Doge (BABYDOGE) has consistently followed a cyclical structure consisting of deep pullbacks into accumulation followed by expansive rallies. With the meme coin now trading at the lower bound of its 270-day range, conditions for another upside breakout could be forming. However, as always with low-cap tokens, risk management remains essential.

    Key technical points

    • Range Low Support: Price action is currently holding the low of a long-term range.
    • Accumulation Pattern: Historical consolidations at this level have lasted over 270 days before expansions.
    • Risk-Reward Opportunity: Strong potential for upside, but invalidation must be clearly defined due to high volatility.
    BabyDoge returns to range low: can accumulation spark another rally? - 1
    BabyDoge (1D) Chart Source: TradingView

    Price is sitting at the exact level that previously led to large rallies, suggesting the area has retained its significance. Prior instances of Baby Doge consolidating here have shown long periods of sideways movement, often several months, before a breakout occurs. This indicates strong hands absorbing supply in what could be an extended accumulation phase.

    If the current level holds, it presents a technical opportunity with a well-defined invalidation: a break below the range low. Traders who manage entries based on a respectable risk-reward ratio could find this one of the more promising setups in the meme coin sector. Still, the nature of Baby Doge, being a high-risk, low-cap token, calls for caution and careful trade planning.

    Volume remains subdued, but that’s consistent with prior accumulation phases. Once a shift in the volume trend appears and key resistance levels start to get tested, it could signal the beginning of the next impulsive move.

    What to expect in the coming price action

    If Baby Doge continues to hold the range low, we may see months of further consolidation before any major move. This extended base-building could set the stage for a rally toward the range high.

    The bullish case hinges on this accumulation leading to a breakout expansion, while the bearish case involves losing the range low, invalidating the pattern and likely inviting a deeper correction. For now, patience is key as the market awaits confirmation.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleAGII Launches AI-Powered Web3 App To Advance Real-Time Decentralized Infrastructure
    Next Article AGII Launches AI-Powered Web3 App To Advance Real-Time Decentralized Infrastructure
    James Wilson

    Related Posts

    Bitget Wallet launches new Pump.fun integrated mobile app for meme coin trading

    July 10, 2025

    Chinese creditors challenge FTX’s bid to block billions in payouts

    July 10, 2025

    XRP hits 7-week high above $2.38 as whale accumulation rises

    July 10, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Remittix (RTX) hits $4m presale as XRP holders take notice

    February 4, 2025

    Here’s why OKB price spiked 20% today

    February 4, 2025

    iDEGEN price prediction: Is this the AI agent token to buy?

    February 4, 2025

    Gate.io to list CYBRO token on Dec 14 after $7M presale success

    February 4, 2025
    Don't Miss

    Ethereum price surges 6% to $2,800 as shorts suffer amid $500M crypto liquidation

    By Benjamin LeeJuly 10, 2025

    Ethereum’s price rose 6% to above $2,800, driven by Bitcoin’s rally to $112,000 and optimism…

    Bitget Wallet launches new Pump.fun integrated mobile app for meme coin trading

    July 10, 2025

    Announcement – Certified Cryptocurrency Professional (CCP)™ Certification Launched

    July 10, 2025

    Chinese creditors challenge FTX’s bid to block billions in payouts

    July 10, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    About Us
    About Us

    CryptifyNow: Your daily source for the latest insights, news, and analysis in the ever-evolving world of cryptocurrency.

    X (Twitter) Instagram YouTube LinkedIn
    Our Picks

    Ethereum price surges 6% to $2,800 as shorts suffer amid $500M crypto liquidation

    July 10, 2025

    Bitget Wallet launches new Pump.fun integrated mobile app for meme coin trading

    July 10, 2025

    Announcement – Certified Cryptocurrency Professional (CCP)™ Certification Launched

    July 10, 2025
    Lithosphere News Releases

    Colle AI’s iOS App Launch Brings Multichain NFT Creation to Mobile

    February 4, 2025

    AGII Transforms Web3 Infrastructure with AI-Optimized Smart Contracts

    February 4, 2025

    Colle AI (COLLE) Allocates $250M for AI Tool Development and Liquidity Growth on Solana

    February 4, 2025
    Copyright © 2025

    Type above and press Enter to search. Press Esc to cancel.