Dogecoin - You Should Not Be Afraid!Dogecoin ( CRYPTO:DOGEUSD ) could reverse right now:
Click chart above to see the detailed analysis👆🏻
Four months ago Dogecoin perfectly retested the previous all time high and is now creating the anticipated bearish rejection. However during every bullish cycle we saw a correction of at least -60%, which was followed by a parabolic rally, so there is no reason to be worried at all.
Levels to watch: $0.2, $0.5
Keep your long term vision!
Philip (BasicTrading)
Dogeusd
DOGECOINHello friends
Due to the price falling in the specified support area, the price has been well supported. Now, due to the good price support by buyers, we can buy in steps within the specified purchase ranges, with capital and risk management, and move towards the specified goals.
*Trade safely with us*
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📰🗞️Fundamental, Macro, On Chain Analysis, Sentimental Outlook:
DOGE/USD "The Doge Coin" Crypto Market is currently experiencing a Neutral trend in short term (there is a chance for trend reversal), driven by several key factors.
🟡Fundamental Analysis
- Current Price: $0.20214 (as of March 1, 2025)
- Market Capitalization: $29.97 billion
- Circulating Supply: 148.24 billion DOGE
- Total Supply: 148.25 billion DOGE
🟤Macro Economics
- The global economy is experiencing a slowdown, which may impact cryptocurrency markets.
- Interest rates and inflation rates are being closely watched by investors, as they can impact cryptocurrency prices.
⚪Global Market Analysis
- The cryptocurrency market is experiencing a downturn, with many major cryptocurrencies experiencing significant losses.
- The global market is experiencing a high level of volatility, making it challenging to predict future price movements.
🟠On-Chain Analysis
- Transaction Volume: The transaction volume for DOGE has been relatively stable over the past few weeks.
- Active Addresses: The number of active addresses on the Dogecoin network has been increasing steadily.
🔴Market Sentimental Analysis
- Fear and Greed Index: The Fear and Greed Index is currently indicating a neutral sentiment.
- Social Media Sentiment: Social media sentiment for DOGE is currently mixed, with some investors expressing optimism while others are expressing pessimism.
🟣Positioning
- Long/Short Ratio: The long/short ratio for DOGE is currently skewed towards long positions.
- Open Interest: Open interest for DOGE futures is currently relatively high.
🟢Next Trend Move
- Based on the current market data, it's difficult to predict the next trend move for DOGE/USD. However, some analysts are predicting a potential bullish reversal in the near future.
🔵Overall Summary Outlook
- The current market outlook for DOGE/USD is neutral, with some analysts predicting a potential bullish reversal in the near future.
- However, the global market is experiencing a high level of volatility, making it challenging to predict future price movements.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
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DOGEUSD Falling Wedge close to breaking towards $1.3Dogecoin / DOGEUSD is trading inside a Falling Wedge pattern which hit this week Support A and immediately rebounded.
The 1day RSI has made a Double Bottom and it is highly likely that we will see a steady recovery from now on.
If a break out above the Falling Wedge takes place, Doge will most likely start its final rally for this Cycle's Top.
We expect that to be on the 2.0 Fibonacci extension level, a typical reaction for such break outs.
Buy and target 1.3000.
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Dogecoin - The Final Break And Retest!Dogecoin ( CRYPTO:DOGEUSD ) is confirming the final retest:
Click chart above to see the detailed analysis👆🏻
After we saw the textbook retest of the previous all time high about three months ago on Dogecoin, so far we also saw the expected correction of about -50%. However Dogecoin is about to confirm the bullish break and retest, which eventually leads to a parabolic rally and new highs.
Levels to watch: $0.2, $0.5, $5.0
Keep your long term vision,
Philip (BasicTrading)
Dogecoin will reach 2$Chart Analysis:
1. Timeframe and Price Context
Timeframe: Daily chart (each candlestick represents 1 day of trading).
Price Levels:
The current price is $0.1798, as indicated on the chart.
The price range on the chart spans from approximately $0.0800 (early 2024) to a peak near $0.3000 (late 2024), followed by a correction to the current level.
Trend Overview:
Early 2024: Dogecoin starts around $0.0800 and experiences a gradual uptrend with volatility, eventually rallying sharply.
Late 2024: The price peaks near $0.3000 before correcting downward into a consolidation phase.
Early 2025: The price is consolidating within a symmetrical triangle, with the current price at $0.1798.
2. Key Patterns and Annotations
Symmetrical Triangle:
The chart shows a symmetrical triangle pattern, which is a neutral consolidation pattern that typically signals a continuation of the prior trend (in this case, an uptrend).
Upper Trendline: A descending trendline starting from the $0.3000 peak, acting as resistance.
Lower Trendline: An ascending trendline starting from the $0.0800 low, acting as support.
The price is near the apex of the triangle, indicating an impending breakout (upward or downward).
Breakout Prediction:
An upward arrow with the annotation "TG 1 $5" suggests a bullish breakout targeting $5.00—a highly ambitious target representing a ~2,680% increase from the current price of $0.1798.
"FATE LOVES IRONY":
The image and text "FATE LOVES IRONY" (featuring a Doge meme with a spiral sun and flames) likely reflect a playful or ironic sentiment often associated with Dogecoin’s community. It may imply that despite Dogecoin’s origins as a meme coin, it could defy expectations with a massive rally—an ironic twist.
3. Support and Resistance Levels
Support:
The lower trendline of the symmetrical triangle (around $0.1400-$0.1600) has acted as support during the consolidation phase.
If this support breaks, the next significant level could be around $0.0800-$0.1000 (a prior support zone from early 2024).
Resistance:
The upper trendline of the triangle (around $0.2000-$0.2200) is the immediate resistance.
Beyond that, $0.3000 (the recent high) is a major resistance level.
The $5.00 target is a long-term, speculative goal far beyond current levels.
4. Volume and Momentum (Not Visible but Inferred)
Volume bars are not clearly visible, but typical behavior suggests:
Volume likely increased during the rally to $0.3000 and decreased during the consolidation phase within the triangle.
A breakout would require a volume spike to confirm, especially if the price breaks above the upper trendline (around $0.2000-$0.2200).
Momentum indicators (e.g., RSI or MACD) could indicate whether Dogecoin is oversold or showing bullish divergence, supporting a breakout.
5. Potential Scenarios
Bullish Breakout:
If Dogecoin breaks above the upper trendline (around $0.2000-$0.2200) with strong volume, it could confirm a bullish breakout.
The first target would likely be the prior high of $0.3000 (a ~67% move from $0.1798). The $5.00 target, while ambitious, would require extraordinary momentum, likely driven by significant market catalysts (e.g., meme coin hype, endorsements, or broader market rallies).
Bearish Breakdown:
If the price fails to break the upper trendline and instead drops below the lower trendline (around $0.1400-$0.1600), it could signal a bearish breakdown.
The next support at $0.0800-$0.1000 could be tested, potentially leading to further downside.
Consolidation:
If the price remains within the triangle (between $0.1600 and $0.2200), it might continue to consolidate until a catalyst triggers a breakout.
6. Market Context
Meme Coin Dynamics: Dogecoin is heavily influenced by retail sentiment, social media hype, and endorsements (e.g., from figures like Elon Musk). The "FATE LOVES IRONY" annotation captures the speculative and ironic nature of Dogecoin’s potential for massive gains despite its meme origins.
Broader Market Trends: Dogecoin often correlates with Bitcoin and Ethereum (as seen in your previous charts). If BTC and ETH break out (e.g., BTC to $120,000, ETH to $4,000), it could create a bullish environment for altcoins and meme coins like DOGE.
Timing: The chart’s position near the triangle’s apex suggests a breakout could occur within days to weeks on a daily timeframe.
Dogecoin - New All Time Highs Will Come!Dogecoin ( CRYPTO:DOGEUSD ) still remains bullish:
Click chart above to see the detailed analysis👆🏻
If you look at the chart above, you can see almost only green mark ups. That's because despite the recent drop, Dogecoin remains in a very bullish market and is overall clearly heading higher. If this break and retest now plays out, we will even see new all time highs in the future.
Levels to watch: $0.2, $0.5
Keep your long term vision,
Philip (BasicTrading)
#DOGE/USDT#DOGE
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.1630
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.18372
First target 0.18372
Second target 0.19350
Third target 0.20533
It's disappointing !!!The only promising support for Dogecoin right now is the 15 cent range. If the price does not grow from here, we cannot be hopeful anymore.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Dogecoin once in a lifetime opportunity to scoop more!I believe that Doge might be having one of the holy grail moments to get in and scoop even more. Looking like in 2017 when a correction made the the price dip bellow the guppy emas in a bull market trend (green emas). I am buying more for sure. Be greedy when others are fearful!
DOGE Strong BUY. Next stop $0.90Dogecoin / DOGEUSD is trading inside a Channel Up for exactly 1 year and the price is currently very close to its bottom.
The bearish wave is under the 1day MA200 with the 1day RSI oversold, which is exactly the conditions that were present on the August 5th 2024 bottom.
This is an excellent long term buy opportunity, potentially the last one that will lead DOGE to its Cycle Top.
The natural technical target is the 1.618 Fibonacci extension, which is what the prior bullish wave targeted.
Buy and target 0.9000.
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Dogecoin (DOGE) Analysis: Double Top Signals Bearish Movehello guys!
Double Top Formation:
The chart clearly shows a double-top pattern, which is a strong bearish reversal signal.
The break below the neckline confirms the downtrend continuation.
Bearish Divergence on RSI:
The RSI showed divergence, meaning the price made a higher high, but the RSI made a lower high.
This signals weakening momentum and a likely correction.
Support Levels (S1 & S2):
S1 (around $0.22) might provide temporary relief, but the main target is lower.
S2 ($0.176 - $0.18) aligns with the double top target, making it a critical support zone.
Potential Price Scenarios:
If DOGE fails to hold at S1, the price may drop to S2, completing the pattern.
A strong rebound from S2 could trigger a bullish recovery.
Conclusion:
The double top breakdown suggests further downside toward $0.176 - $0.18, which could act as a strong support level. Until a clear reversal signal appears, the bearish trend remains dominant. Traders should watch these levels closely! 🚨📉
DOGE New Update (3D)This analysis is an update of the analysis you see in the "Related publications" section
It seems to be forming a large diametric pattern. Currently, wave F is completing.
Wave F is a bearish wave.
Upon reaching the green zone, we expect the price to bounce upward.
A weekly candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Doge isn't looking goodDogecoin just crashed to 0.185, and it’s definitely at a pivotal spot right now.
Price Action & Key Levels
The price is testing a major support zone between 0.180–0.190, a level that’s held firm in the past. If it holds here, we could see a bounce back up. But if it breaks below 0.180, watch out, next stop could be 0.160, a strong support from earlier this year. On the upside, DOGE has been sliding in a descending channel for a while. A break above the upper trendline, around 0.200, might kick off a rally toward 0.220. So, the range to watch is 0.180–0.190 as the floor and 0.200 as the ceiling.
Technical Indicators
RSI: Sitting at 35, close to oversold. This could tempt buyers to step in soon.
MACD: Showing a bearish crossover, which means momentum’s still leaning down, but it’s not crazy strong yet.
50-day Moving Average: DOGE is below it at ~0.195. Reclaiming this level would be a bullish signal.
Volume: Spiked hard on the drop (lots of selling), but a big volume push on a bounce could turn things around.
Bullish Case: A daily close above 0.195 (50-day MA) or a break past 0.200 could signal a reversal.
Bearish Case: A close below 0.180 opens the door to more downside.
DOGE often moves with Bitcoin, and BTC’s looking shaky lately, so that’s a headwind. But meme coins like DOGE can defy logic if hype kicks in, keep an eye on social media chatter. For now, set alerts at 0.180 (support) and 0.200 (resistance), and use stop-losses to play it safe. Wait for a clear move before jumping in, this chart’s still deciding its next step.