Why You Should Expect A Strong Bullish Move From The Dogecoin Price After Its...

With the Dogecoin price action slowing down over the week and the weekend action well underway, the possibilities remain muted as the price continues to struggle. The machine learning algorithm of the CoinCodex website has unveiled what crypto investors should expect from the meme coin over the weekend, and it is not bullish. Muted Dogecoin […]

Dogecoin price traded yesterday between 56 and 62 satoshis, which points to the relative stability of dogecoin price in the face of the high volatility of other cryptocurrencies at the moment. By studying the 1 day Hitbtc (DOGE/BTC) charts from tradingview.com and plotting the MACD indicator accordingly (look at the below chart), we can see how dogecoin price increased yesterday from 56 to 62 satoshis. If the current uptrend continues to push the price above the 50% Fibonacci retracement level (64.5 satoshis) as per our yesterday's analysis, we can expect the price to rise to test the 62%....

A fresh snapshot of Binance’s futures market data shows Dogecoin attracting a remarkably bullish stance among traders. According to a chart shared by Ali Martinez (@ali_charts) on X, 72.13% of Binance users with open Dogecoin positions are currently long, leaving only 27.87% on the short side. “72.13% of traders on Binance with open Dogecoin DOGE positions are currently long!” Martinez wrote, underscoring just how skewed sentiment is toward an upward price move. What Does This Mean For Dogecoin Price? What does such a strong majority of longs actually mean for Dogecoin’s outlook? In many....

The Dogecoin price is currently bouncing off the lower border of a Falling Wedge pattern, signaling the potential for a strong upward momentum. A crypto analyst has explained that if the cryptocurrency can break above this boundary, it could reach several new bullish targets soon.  Dogecoin Price Next Bullish Targets Dogecoin is showing signs of […]

Dogecoin (DOGE) has staged a strong breakout after forming a double bottom near key support, surging past $0.26 and leaving earlier rejection zones behind. With the Bollinger Band width now hitting a historically bullish level, DOGE could be setting the stage for a major surge, targeting a price range between $0.41 and $0.97. Dogecoin Breaks Out After Double Bottom Formation In a recent post on X, BitGuru shared an analysis highlighting that DOGE has made a significant bullish move, breaking out from a classic double bottom chart pattern. This pattern formed near a key support level,....