Dogecoin RSI Hits Levels That Have Triggered ATH Rallies Before
Dogecoin’s weekly price chart is revealing an interesting event of an important momentum indicator hitting a level that has always been a major turning point for the cryptocurrency. After spending the past several weeks falling lower into the $0.13 price region, Dogecoin’s Relative Strength Index on the weekly timeframe has reached levels that have only appeared a handful of times over the asset’s entire trading history. The observation, first highlighted by crypto analyst Cryptollica, revisits how Dogecoin has behaved the last few times this technical condition happened. A Rare Weekly....
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A day after hitting a one-week high, dogecoin raced to a two-month high earlier in today’s session. Wednesday’s surge in price comes as the global cryptocurrency market was up by nearly 7% on the day. Cardano also traded higher, climbing by over 10% in the process. Dogecoin (DOGE) Dogecoin (DOGE) rose higher for a second straight session, as the token surged to a multi-month high on Wednesday. During today’s session, DOGE/USD surged to an intraday peak of $0.06868, which comes a day after it was trading at a low of $0.06062. Wednesday’s top saw the meme coin hit....
Dogecoin finds itself at a critical crossroads as price action sinks into the lower 5% of its long-term channel, a zone that has historically preceded explosive rallies. Yet with fresh bearish pressure triggered by a sharp Tenkan-sen cross, the market now faces a defining moment: rebound or extended grind? A Critical Turning Point For Dogecoin DOGECAPITAL, in a recent analysis, highlighted that Dogecoin has slipped into the lower 5% of its long-term trading channel. Each time price has entered this zone in the past, it has preceded powerful rallies following periods of consolidation. That....
For many, the Bitcoin market cap hitting $10 trillion is seen as only a matter of time as the price rises, but what happens to meme coins like Dogecoin during this time? In the past, these altcoins have outperformed Bitcoin in times of bullish rallies, and this is expected to continue with each bull cycle. […]
Investors and traders of Dogecoin have been struck with liquidations following a notable price pullback, triggered by a broader crypto market whirlwind. Dogecoin has dropped below the $0.30 level, finding support at the $0.25 mark. While this correction has triggered fear and uncertainty, analysts claim it is a key part of DOGE’s journey to new […]
Key Highlights. Dogecoin price looks like forming a short-term base near 32.2 Satoshis, as shown on the hourly chart (price feed from HitBTC). The price may bounce from the current levels, but could find resistance near 35.0 Satoshis. Selling rallies may be a good deal moving ahead as long as the price is below the mentioned resistance area. Dogecoin price may recover in the near term, but we cannot discard the fact that there is a lot of bearish pressure, calling for sell rallies idea. 35.0 Satoshis as Resistance. Dogecoin price found bids near 30-32.0 Satoshis, and currently attempting....