Architectural Concept Design Collection

  • CONTACT
  • MARKETCAP
  • BLOG
Finances Investing and Crypto News
  • BOOKMARKS
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Reading: Will key support at $0.00395 trigger a 255% rally?
Share
  • bitcoinBitcoin(BTC)$104,443.82
  • ethereumEthereum(ETH)$2,483.96
  • tetherTether USDt(USDT)$1.00
  • rippleXRP(XRP)$2.15
  • binancecoinBNB(BNB)$652.67
  • solanaSolana(SOL)$153.70
  • usd-coinUSDC(USDC)$1.00
  • dogecoinDogecoin(DOGE)$0.190197
  • tronTRON(TRX)$0.269121
  • cardanoCardano(ADA)$0.67
Finances Investing and Crypto NewsFinances Investing and Crypto News
0
Font ResizerAa
  • Finance
  • Investment
  • Crypto
  • Market
  • News
Search
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Finances Investing and Crypto News > Blog > Market > Will key support at $0.00395 trigger a 255% rally?
Market

Will key support at $0.00395 trigger a 255% rally?

admin
Last updated: 26/05/2025 11:49 Chiều
admin
Published 26/05/2025
Share


Contents
Key technical pointsWhat to expect in the coming price action

DEGEN is flashing a familiar structure that previously triggered an explosive 300% rally. After a sharp 9.83% impulsive move, price is now correcting into a critical confluence zone, setting the stage for another powerful breakout, provided bulls defend support.

After a rise of nearly 10% DEGEN (Degen) is currently in a corrective phase, but this is far from bearish. Price is approaching a key level that mirrors a previous fractal which led to a breakout exceeding 300%. This gives traders a high-probability setup to monitor, especially if DEGEN confirms a higher low in the coming sessions. The region around $0.00395 is technically significant and now acts as the decision point for whether the trend continues higher — or breaks down into lower territory.

Key technical points

  • Support: $0.00395 — confluence of Point of Control, 0.618 Fibonacci, and daily support
  • Fractal Repetition: Current structure mirrors a past impulse-correction-expansion phase that led to 300%+ gains
  • Structure Breakout: Downtrend has been broken, and DEGEN is now entering what appears to be an expansion zone
DEGEN price prediction: Will key support at $0.00395 trigger a 255% rally? - 1
DEGENUSDT (1D) Chart, Source: TradingView

The $0.00395 level is the most critical zone on the chart right now. It represents the intersection of three key technical signals: the 0.618 Fibonacci retracement, the Point of Control, and a major daily support level. This confluence makes it a prime candidate for a higher low to form. If bulls hold this zone, the path of least resistance favors the upside.

Adding to the bullish thesis is the repeating fractal structure. In a previous cycle, DEGEN experienced a nearly identical setup, a strong impulsive candle, consolidation range, then a retracement into the golden pocket before launching into a parabolic rally. The current price behavior suggests a similar expansion may be unfolding.

Moreover, DEGEN has broken out of its prior downtrend and likely completed a multi-week accumulation phase. Price is now entering what appears to be the expansion stage, a zone where large moves often begin. This transition, supported by technical confluence and a macro-level higher low, historically precedes strong rallies.

What to expect in the coming price action

If DEGEN holds above $0.00395, a higher low will be confirmed, validating the area as a potential launchpad. A bullish reaction here could quickly propel price toward the next resistance zone at $0.014, representing more than 255% upside. A breakdown below this key support, however, would invalidate the fractal and likely send price toward the value area low.

The next 24–48 hours are pivotal. If bulls step in at this confluence zone, history could repeat itself. With multiple layers of technical alignment and a proven fractal setup, DEGEN appears well-positioned for a breakout, but only if the $0.00395 level remains intact.

You Might Also Like

Bullish buildup or silent but deadly? Fartcoin’s next move could be explosive

Polygon price at risk of a 40% crash despite DeFi, stablecoin gains

Livepeer price pumps, but a 40% crash could be coming

Here’s why Maple Finance’s SYRUP token is surging

Dogecoin price chart points to a 285% surge to $0.8630

TAGGED:keyrallysupporttrigger

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article Zcash price rallies as shielded value and privacy token demand soars
Next Article YZi Labs invests in Avalon, AVL price spikes 15%
Leave a Comment

Để lại một bình luận Hủy

Email của bạn sẽ không được hiển thị công khai. Các trường bắt buộc được đánh dấu *

Follow US

Find US on Socials
FacebookLike
- Advertisement -
Ad image
Popular News
TAIKO and NEON face heaviest sell pressure
Emergency Funds: Importance and How to Build One
Debt Management: Strategies to Pay Off Debt Efficiently
Riot Platforms unloads 475 BTC in its biggest single-month Bitcoin sale to date
Revolut partners with Lightspark to add Bitcoin Lightning for UK and EEA users
- Advertisement -
Ad image

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Finances Investing and Crypto News

FICN.net brings you the latest in finance, investment, and crypto. Stay informed with expert insights, market analysis, and beginner guides. Whether you're new or experienced, FICN.net helps you explore opportunities, manage risks, and make smarter financial decisions in a fast-changing world.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Ad image
© 2024 Finance, Investment, and Crypto News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?