Dogecoin’s Surging Price Has Resurrected Its Technical Development

The recent Dogecoin market action has seen its price now hovering below $0.20 after surging to $0.208 in the past 24 hours. Despite the consolidation, analysts and traders are watching the meme coin closely, believing that the next major move could redefine its long-term trajectory.  Among those voices is crypto analyst EtherNasyonaL, who predicted that Dogecoin’s third and most powerful bullish phase is still ahead. His technical analysis on the monthly chart presents a structure that reveals the groundwork for another massive uptrend to above $0.8 is already in motion. Dogecoin’s First....

Dogecoin’s place in the crypto market is a bit like Bitcoin’s. Just as the rise and fall of the ‘digital gold’ gives investors and market participants a good sense of where the broader crypto market could be headed, Dogecoin’s price movements are also closely watched for the same reason. After all, DOGE was the first […]

The cryptocurrency market has been running through a period of consolidation over the past seven days, with notable corrections observed in both Bitcoin and Dogecoin. Bitcoin, after hitting an all-time high of $108,135 on December 17, has seen a retracement towards $93,000. Similarly, Dogecoin has faced pressure, dipping from its recent highs near $0.48 to settle just above $0.30 at the time of writing. According to technical analysis of both cryptocurrencies, an interesting correlation has emerged that points to Dogecoin surging to $5 in the next few months. The 800-Day Trend: A Case For....

In his latest livestream, crypto chartist Kevin drilled down on Dogecoin’s price action, stressing both caution and optimism for the popular meme coin. Speaking to his YouTube audience, Kevin acknowledged Dogecoin’s history of dramatic price swings yet underlined that critical technical levels could spark the next substantial move. When Will Dogecoin’s Next Big Move Be? Kevin noted Dogecoin’s pattern of large retracements followed by new highs in previous bull markets. “Look at these moves, right? Every single pullback that Dogecoin got in the previous bull market—56%, 57%, 53%—all....

Dogecoin’s latest two-week chart analysis suggests the cryptocurrency could be gearing up for a new explosive rally. According to trader and market analyst Trader Tardigrade, the Relative Strength Index (RSI) for Dogecoin has settled at levels similar to those seen before price rallies in the past two years or so.  This technical observation is based on Dogecoin’s steady uptrend along a long-standing support line since 2023 and points to its price action currently being in a possible early stage of accumulation before another leg upward. Related Reading: Dogecoin Flashback: Mirror Move....