Mono Protocol Presale Updates and Dogecoin Price Pattern Changes


Dogecoin is showing short-term price volatility following a recent chart breakout, while Mono Protocol is reporting increased activity in the crypto presale market. Although the two projects operate in different areas of the industry, both have reported notable recent activity: Dogecoin in its short-term price structure and Mono Protocol in its ongoing pre-sale.

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Dogecoin price movement after inverse head and shoulders breakout

According to CoinGecko, Dogecoin is trading around $0.154, up 2% in the past 24 hours. Although some analysts have pointed to short-term structural changes in recent charts, the asset is still down 5% over the past week. The 4-hour chart shows a breakout from an inverted head-and-shoulders formation, a pattern that is often monitored for initial momentum changes.

Trader Tardigrade’s chart shows the left shoulder, lower lows forming a head, and higher lows forming the right shoulder. These points are connected to a downward neckline in the range of $0.151 to $0.153. Dogecoin rose above this neckline and confirmed the breakout. Based on the height of the formation, some chart predictions estimate a potential move of around 18%, which puts the target price around $0.179, but such patterns do not guarantee an outcome.

https://twitter.com/TATrader_Alan/status/1993478445968584749?s=20

The neckline now acts as a support. retested It was successful. Since the pullback, DOGE has formed higher highs and higher lows on the 4-hour time frame. This type of structure is often referenced in technical analysis, but the results depend on broader market conditions. Market participants are paying attention to whether this chart structure will be maintained in the short term.

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Mono Protocol Reports Increased Activity During Presale

While Dogecoin market activity reflects short-term price analysis, Mono Protocol reports increased awareness within the Web3 pre-sale segment. The platform runs an integrated execution system designed to make cross-chain activities more efficient. Handle routing, gas payments, and settlement within one framework, reducing the need for bridges and manual network selection.

Mono Protocol is in Stage 18 with a pre-sale price of $0.0525 and has reportedly raised $3.54 million of its $3.6 million goal. The broader goal is $9 million. The project reports on user activity across presale rounds as it expands a rewards hub that offers quests, referral tasks, and social actions during the crypto presale period.

According to the project, the 100% Black Friday bonus, valid until November 30th, is associated with increased activity. Every purchase made during the promotional period will automatically earn you a 2x quota. The project says the promotion increased engagement during the presale period.

Different market trends across both projects

Dogecoin’s recent price movements are related to short-term trading patterns, with analysts monitoring the plausibility of a breakout towards $0.179. As long as the asset remains above its recent low, buyers can maintain control.

mono protocolMeanwhile, continues to grow with steady pre-sale participation. The platform’s integrated cross-chain execution model, combined with seasonal bonus activity, ranks it as one of the most-watched cryptocurrency presales this week.

conclusion

Both Dogecoin and Mono Protocol are gaining traction for a variety of reasons. DOGE’s breakout formation has garnered renewed interest among traders keeping an eye on short-term chart patterns, while Mono Protocol remains a strong contender. Cryptocurrency presale Through active development, bonus incentives, and cross-chain infrastructure. As November draws to a close, projects continue to attract different segments of the market.

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Disclaimer

Please note that all information, including our ratings, advice, and reviews, is for educational purposes only. Crypto investing involves high risks and CryptoNinjas is not responsible for any losses incurred. Always do your own research and determine your risk tolerance level. It helps you make informed trading decisions.





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