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Home»Crypto»Analyst Says Dogecoin Facing ‘Most Important’ Resistance Wall, Updates Outlook on Solana, Stellar and Toncoin
Crypto

Analyst Says Dogecoin Facing ‘Most Important’ Resistance Wall, Updates Outlook on Solana, Stellar and Toncoin

May 26, 2025No Comments2 Mins Read
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A well-known crypto analyst has shared insights on the current state of various altcoins, with a particular focus on Dogecoin (DOGE).

According to the analyst, Dogecoin is at a critical juncture, with resistance at the $0.26 level playing a key role in determining its future trajectory.

The analyst’s chart indicates that $0.26 is a crucial level for DOGE, marking a potential trend shift point for the meme-based cryptocurrency.

Dogecoin Chart
Source: Ali Martinez/X

At the time of writing, Dogecoin is trading at $0.22, reflecting a 3.3% decrease over the past 24 hours.

Shifting focus to Solana (SOL), the analyst believes that a breakout above $186 could trigger a significant rally, potentially pushing the price past $3,000.

Solana Chart
Source: Ali Martinez/X

Currently, Solana is priced at $172, showing a 2.6% decrease on the day.

Regarding Stellar (XLM), the analyst suggests that it may experience a correction after breaking below a diagonal support level.

Stellar Chart
Source: Ali Martinez/X

XLM is currently trading at $0.28, representing a 1.5% decrease for the day.

Lastly, the analyst points out that the native asset of the layer-1 platform Toncoin (TON) is on the verge of breaking out of a symmetrical triangle pattern.

Toncoin Chart
Source: Ali Martinez/X

TON is currently priced at $3.00, showing a slight increase on the day.

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Image credit: Midjourney

Analyst Dogecoin Facing important Outlook resistance Solana Stellar Toncoin Updates Wall
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