- Cookie Dao breaks above the resistance of $ 0.17 with a formation of rounded lower patterns.
- RSI goes to 70.90 with a positive MacD crossing confirming the bullish momentum.
The Cookie DAO ($ Cookie) shows signs of recovery of its price drop of several months which started in December 2024. Cookie hit its peak at $ 0.64 at the end of 2024 before undergoing a severe price drop which caused a decrease of more than 80% in mid-April 2025.
Rounded background model on the daily technical table of $ Cookie Token persisted in April before prices exceed the level of resistance of $ 0.17. The recent price station wagon has marked the first time since February that the token has managed to exceed this particular price area.
The current market movement is made up of an increase in ups and downs up, which indicates a change in trend to come. According to CMC Data, the cookie is currently negotiated at $ 0.1795 with an intrajournal gain of 10%. The daily trading volume increased by 67%, demonstrating an increase in the purchase and sale activity.
Will Cookie Dao exceed the $ 0.30 bar?
Technical indicators demonstrate a favorable price trend for bulls. RSI is 74 years old, indicating a solid bullish momentum. The indicator displays an excessive possibility, but its position corresponds to the first signs of a recovery of the market. The Mobile average line 14 days from the RSI graph demonstrates an ascending slope, which checks an increase in the current momentum.
Meanwhile, the MacD indicator also displays a positive divergence. The MacD Cookie curve (0.00967) crosses the signal curve (0.00398) while the histogram becomes positive. Market data indicate that the increase in the bullish impetus is likely to continue during the coming period.
Social feeling indicators maintain their highest levels since December 2021 to 0.33038. The positive feeling of the market tends to lead to prolonged price movements after negative or neutral readings have persisted for a long time.
The price table shows two resistance zones, with the first at $ 0.20 and the second, stronger at $ 0.30358. If $ Cookie manages to exceed these resistance zones, the next significant target will be $ 0.644,96, which was the peak from December. The level of support for cookies now amounts to $ 0.17, and additional support comes from the psychological level of $ 0.10 and $ 0.07100.
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