Here’s How High The Dogecoin Price Will Go Once The MACD Bullish Cross Happens
The Dogecoin price has been drifting through a subdued stretch over the past few days, holding around the mid-$0.13 to $0.14. The recent decline has slowed down in the past 48 hours, and the chart now shows the meme coin attempting to steady itself after weeks of persistent selling pressure. Trader Tardigrade, a well-known crypto analyst on X, shared a new three-day chart suggesting that an important MACD signal is on the verge of forming, and historical performance shows that Dogecoin tends to move bullish once this signal appears. Approaching The MACD Bullish Cross Dogecoin’s quiet....
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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%....
Although Dogecoin price dropped yesterday to around 56 satoshis, it increased during later trading hours to record a high of around 63 satoshis. Dogecoin price opened today at 61 satoshis, yet it dropped to around 58 satoshis at the time of writing of this article. By studying the 1 day Hitbtc (DOGE/BTC) chart from tradingview.com and plotting the MACD indicator accordingly, we can notice the following: Even though dogecoin price dropped yesterday to 56 satoshis, the strong support at 52 satoshis (The 38% Fibonacci retracement level as per our earlier analysis) reversed the downtrend and....
Dogecoin price traded between 58 and 60.7 satoshis on Hitbtc and between 58 and 60 satoshis on Cryptsy yesterday. Although the support level is rising on both Hitbtc's and Cryptsy's 1 day chart, it seems that Dogecoin price still prefers to stay within the 56 satoshis and 62 satoshis range. By studying the 1 day Hitbtc (DOGE/BTC) chart from tradingview.com and plotting the 20 day EMA and the MACD indicator accordingly (look at the below chart), we can notice the following findings: Dogecoin is now trading below the 20 day EMA and has been so during all of yesterday's trading sessions which....
Crypto analyst EWT has made a bullish case for the Dogecoin price, predicting it could rally to as high as $8.5. His analysis explained why the foremost meme coin could reach such an ambitious price target. Analyst Predicts Dogecoin Price Rally To $8.5 In an X post, EWT predicted that the Dogecoin price could rally […]
Dogecoin could be gearing up for another major surge in price as the meme coin’s chart shows the formation of a major pattern. The Golden Cross pattern is a major bullish formation on a chart that usually precedes a notable rally for digital assets such as DOGE. Currently, the Dogecoin price is forming its first golden cross in four years, making this an important development for the meme coin’s price. Dogecoin Analyst Points out Golden Cross Dogecoin analyst Kevin Capital on X (formerly Twitter) has highlighted an important formation on the Dogecoin chart. According to the crypto analyst,....