Dogecoin Make headlines again, as the technical patterns indicate that a big outbreak could be imminent. Cryptobio, a popular figure in the trade community, emphasizedthat the Memecoin An interest bullish divergence on his daily chart shows.
According to the data, this pattern has led to strong relaxation in the past. The diagram that covers the period from July 2024 to June 2025 shows that the Dogecoin has recovered from a severe decline at the beginning of this year.
After the course had reached a low of $ 0.0700 between January and March, it began to rise again towards the $ 0.2000 mark. In the meantime, the relative strength index (RSI), which fell around 20 during the decline, has returned to the neutral area of 50-60.
This combination of price movement and RSI movement forms one so -called Interest bullish divergence. While the course reached lower deep stalls at the beginning of the year, the RSI rose to higher Lows what indicates that the sellers lose their strength.
Since March hat the Dogecoin course showed signs of a recovery, and according to that Contribution von CryptoBio From April 27, 2025, the trend is only at the beginning. If that continues could Dogecoinuntil July 2025 produce new millionaires .
Trader Tardigrade has observed that die Performance From Dogecoin Compared to Bitcoin known events showsWhat the positive The forecast even reinforced .
The $ Doge/$ BTC chart shows two clear periods in which the strength of Doge exceeded Bitcoin’s strength in the past, especially during the period from October to December 2024, when Doge 0.0000035 achieved. The recent movements repeat this earlier breakthrough, which could mean that the story is repeated.
There indicator For the on-balance volume (OBV) that measures the pressure of the purchases shows currently A similar growth pattern. This is a good reason the one running trendto maintain. The OBV is recently from 2118 increased to 2148, which indicates that new market participants are added.
A trend line was recently broken down at the upper border of the Performance by Doge Opposite Bitcoin lies . This outbreak and the increase in OBV are two indications that indicate thisthat Dogecoin Compared to Bitcoin, the better performance could soon have better.
In the meantime hat ÐOGECAPITAL Another level of excitement addedby shared a cycle analysis. By using a custom indicator who High and low points of the market cycle defined the information contained in the table indicates that the most important top values by Doge always synchronized with the cycle movements of Bitcoinwere.
Dogecoin reached the First highlight in 2014, and in the next cycle d. h. 2017-2018, two highlights were clearly visible. The last cycle in 2021 showed Another tip that corresponded to this pattern.
Currentlybecame For the current cycle Not an early high yet confirmedbut the analysis interpret most likely to that the summit of the late cycle Within the next weekcould form. The approximately month and the year are the last days of October 2025.
When the previous highs taken into accountbecome , Could itself Dogecoin Prepare for a new explosive movement in a few months. Everything suggests that DOGE will be exciting to observe in the next few months.
No Comments