Saturday, June 14, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Dogecoin

Dogecoin Shows ‘Clean’ Bullish Divergence: Crypto Analyst

n70products by n70products
April 8, 2025
in Dogecoin
0
DXY’s Collapse Signals Bigger Bull Run
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Cause to belief

logo

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Created by business consultants and meticulously reviewed

The very best requirements in reporting and publishing

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.


Este artículo también está disponible en español.

After Dogecoin quickly fell by greater than 22% yesterday amid rumors of a “Black Friday”, the worth has since been in a position to get better at the very least a few of its losses. Nonetheless, DOGE remains to be down round 11% because the begin of the week. This has put the worth of Dogecoin in a tough state of affairs.

Dogecoin Varieties Bull Div

Dogecoin breached a crucial ascending assist line earlier than rapidly recovering, a habits that crypto analyst Kevin (@Kev_Capital_TA) describes as testing the “strains within the sand” for this ongoing bull market construction.

Associated Studying: Dogecoin Crashes 20%, But ‘Bull Line’ Signals Hope For HODLers

Kevin’s shared chart signifies that DOGE quickly dipped beneath a rising pink trendline that has been in place since mid-2023, but managed to shut the each day candle again above this traditionally vital assist across the $0.138 area—a stage that additionally coincides with the 38.2% Fibonacci retracement stage measured from the $0.049 swing low to the roughly $0.738 peak.

Dogecoin price analysis
Dogecoin types bullish divergence, 1-day chart | Supply: X @Kev_Capital_TA

The analyst factors out that, regardless of the intraday break, DOGE’s restoration shaped what he calls a “clear bullish divergence” on the each day timeframe, referencing the Relative Power Index which has begun climbing whilst worth made a barely decrease low. He likened this improvement to an identical divergence unfolding on Bitcoin’s chart, suggesting that Dogecoin’s momentum may be stabilizing after a sequence of drawn-out declines from the $0.48 excessive set early December final 12 months.

DOGE Uptrend Stays Intact

Charting Man (@ChartingGuy) weighed in individually, highlighting that Dogecoin has arrived as soon as extra at its weekly 200 EMA zone—an essential development marker hovering within the mid-$0.13 vary—and that its total construction nonetheless exhibits “increased highs, increased lows” when seen on a broader timescale.

Dogecoin price analysis
Dogecoin worth evaluation, 1-week chart | Supply: X @ChartingGuy

His posted chart additionally incorporates a Fibonacci evaluation which exhibits that DOGE may handle to shut above the 0.382 Fib stage, reinforcing the notion that DOGE’s potential to carry above $0.15 may very well be an important gauge of bullish continuation. Failure to maintain this stage, nonetheless, would threat revisiting deeper Fibonacci assist ranges, together with the 23.6% retracement close to $0.09 and even the 13.6% stage round $0.07.

Associated Studying

On the upside, merchants could look to potential resistance zones within the mid-$0.20s, which line up with the 61.8% Fibonacci retracement at roughly $0.2671, and the high-$0.30s to low-$0.40s vary tied to deeper retracement zones as much as the 78.6% mark.

The chart watcher additionally notes {that a} retest of the prior swing highs above $0.40 would align with an prolonged push towards the 88.8% Fibonacci close to $0.56, though market contributors stay cautious amid the broader volatility that is delivered to the market by US President Donald Trump’s tariff policies.

At press time, DOGE traded at $0.149.

Dogecoin price
DOGE falls beneath the development line, 1-day chart | Supply: DOGEUSDT on TradingView.com

Featured picture created with DALL.E, chart from TradingView.com



Source link

Tags: AnalystBullishCleanCryptodivergenceDogecoinShows
Previous Post

Ripple acquires crypto-friendly prime broker Hidden Road for $1.25B

Next Post

Ethereum Bears Loses Steam On Binance As Selling Pressure Weakens, Bulls Eyeing A Recovery?

Next Post
Ethereum Bears Loses Steam On Binance As Selling Pressure Weakens, Bulls Eyeing A Recovery?

Ethereum Bears Loses Steam On Binance As Selling Pressure Weakens, Bulls Eyeing A Recovery?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

Dogecoin Traders Lose Over $60 Million In 24 Hours Amid Largest Liquidation Event In 2025 So Far

Dogecoin Traders Lose Over $60 Million In 24 Hours Amid Largest Liquidation Event In 2025 So Far

January 25, 2025
Top Trader Warns Not To Call Top on Crypto Bull Market, Updates Outlook on Ethena (ENA) and One Memecoin

Top Trader Warns Not To Call Top on Crypto Bull Market, Updates Outlook on Ethena (ENA) and One Memecoin

October 20, 2024
Crypto’s Trump card

Crypto’s Trump card

November 15, 2024
Crypto Will Continue To Rally Hard Amid Fed Rate Cuts, Says Coin Bureau’s Guy Turner – But There’s a Catch

Crypto Will Continue To Rally Hard Amid Fed Rate Cuts, Says Coin Bureau’s Guy Turner – But There’s a Catch

September 27, 2024
Bitcoin Will Be ‘Worthless’ In 10 Years, Finance Nobel Prize Winner Says

Bitcoin Will Be ‘Worthless’ In 10 Years, Finance Nobel Prize Winner Says

February 2, 2025
Finalized no. 36 | Ethereum Foundation Blog

Finalized no. 35 | Ethereum Foundation Blog

March 9, 2024

Recent Posts

  • Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake
  • California Doctor on the Run After Being Sentenced to Prison for Medicare Fraud
  • XRP Dominance Prepares To Shatter Fib 0.5 After 4 Historic Rejections

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake

Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake

June 14, 2025
California Doctor on the Run After Being Sentenced to Prison for Medicare Fraud

California Doctor on the Run After Being Sentenced to Prison for Medicare Fraud

June 14, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version