Dogecoin Shows Relative Strength: Breakout Signal Sits At This Price
Dogecoin is showing unexpected resilience while the broader crypto market trades in a weak pattern, according to trader Daan Crypto Trades (@DaanCrypto). In a chart posted on X on November 13, he highlighted a potential “range retake” that could set up a move toward the previous range high at roughly $0.218—if DOGE can break and hold above $0.18. Dogecoin Bulls Have A Target “DOGE has been relatively strong the past few days. Overall market is obviously weak and choppy,” he wrote. At the time of his chart, Dogecoin traded around $0.172 on Binance, sitting just below a key green support....
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Crypto analyst Ali Martinez has highlighted a major indicator for Dogecoin (DOGE), which is flashing a bullish signal. This suggests that now may be the right time to buy the foremost meme coin, with a price rebound looking imminent. TD Indicator Flashes Buy Signal For Dogecoin Martinez revealed in an X (formerly Twitter) post that the TD indicator is flashing a buy signal for Dogecoin. He added that the foremost meme coin is also showing a bullish divergence against the relative strength index (RSI) on the 4-hour chart. The crypto analyst noted how these positive signs suggest that a....
Crypto analyst Cryptokijker has revealed that the Dogecoin price is poised for a breakout amid massive whales’ accumulation. The analyst also revealed the price targets that DOGE could reach following this breakout. Dogecoin Price Poised For Breakout Above $0.17 In a TradingView post, Cryptokijker predicted that the Dogecoin price is poised for a breakout above $0.1790. The analyst revealed that the targets on this potential breakout are $0.1840 and $0.1920. He noted that the price at this level is showing a neutral-bullish structure after the recent breakout above the Previous Day Low....
In my yesterday's analysis, I mentioned that Dogecoin was going nowhere and had restricted itself to an extremely tight range. Although nothing significant has changed in price terms as the value of each Dogecoin is still 50.9 satoshis, a narrowing price range indicates that a breakout may be seen in the next 48-72 hours. I have discussed below the various inferences drawn after implementing a couple of technical indicators on the 240-minute Dogecoin/BTC price chart. Chart Structure - As mentioned above, the price action has taken the form of lower highs, higher lows thereby forming a....
Dogecoin is getting attention again after crypto analyst Shan Specter shared a new chart on X. In the post, Specter said Dogecoin is showing a green bullish dot on the daily chart, along with an RSI breakout. He described the move as “incredible” and said the coin looks ready to rise again. His chart shows that Dogecoin is now breaking past a level that had been holding it down for a while. Specter suggests that the primary focus is now on how the RSI has broken upward. The analyst pointed out this change as a bullish indicator that Dogecoin could move higher in the short term. The daily....
The Dogecoin price displays strong bullish signals after breaking out of a Falling Wedge formation. The breakout and a successful retest of the wedge pattern have fueled optimism of a potential price rally, with a crypto analyst forecasting a 50% jump to new highs soon. Falling Wedge Breakout Signal Dogecoin Price Rally Dogecoin has been […]