Tuesday, June 10, 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

Lummis Confirms Treasury Probes Direct Buys

Lummis Confirms Treasury Probes Direct Buys

April 2, 2025
Bitcoin (BTC) Analyst Expects $100,000 By December – Details

Bitcoin (BTC) Analyst Expects $100,000 By December – Details

September 12, 2024
Wall Street Expert Says $100 XRP Price Prediction Has Expired, What Does This Mean?

Wall Street Expert Says $100 XRP Price Prediction Has Expired, What Does This Mean?

March 7, 2024
Ethereum: Why ETH’s move above $4K may not last long

Ethereum: Why ETH’s move above $4K may not last long

March 14, 2024
Meteora says co-founder’s X account hacked after ‘parasitic’ memecoin post

Major crypto hacks fell 40% in May, says PeckShield

June 1, 2025
Ethereum whales buy ETH worth $440 mln – Preparing for a rally?

Ethereum whales buy ETH worth $440 mln – Preparing for a rally?

August 1, 2024

Recent Posts

  • Ethereum holds steady at $2.5K as institutional giants quietly load up on ETH
  • The Blockchain Group Pushes Institutional Crypto Wave in Europe
  • Bitcoin-buying companies

Categories

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

Recommended

Ethereum holds steady at $2.5K as institutional giants quietly load up on ETH

Ethereum holds steady at $2.5K as institutional giants quietly load up on ETH

June 10, 2025
The Blockchain Group Pushes Institutional Crypto Wave in Europe

The Blockchain Group Pushes Institutional Crypto Wave in Europe

June 10, 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