Popular digital property and the largest dog -themed honey coin, DogecoinAfter reviving the overall cryptocurrency, he has shifted to a positive territory over the past few days. With the current bullish price, Doge continues to make key moves that hint at the possible extension of the uprising.
Bullish signal for the continued rally of Dogecoin
Dogecoin's recent pricing shows signs of life, as the meme coin continues to push towards the level of key resistance. In addition, Doge has flashed Bullish Crossover, which is likely to strengthen its new rise in the coming days.
In X (former Twitter) postTrader Tardigrade, Market Expert and Investor, highlighted the Doge's two -week schedule on the charts. After investigating the current price result, the trader emphasized the Tardigrade that the Mem Mint had made the stochastic relative strength index (RSI) Bullish.
Usually considered to be a bullish cross early A sign of increasing the increase in strength During a positive market condition. Given the market revival, this key point indicates that Doge's price can prepare for a stronger rise.
After a long -term consolidation period, the latest signal of the honeymoon could proclaim the start of the new foot on its ongoing higher recovery phase As the sentiment continues to grow more optimistic.
When Doge has reached a bullish cross at the Stochastic RSI, the trader Tardigrade emphasized another two-week chart. Looking at the chart has been an early witness breakthrough Falling wedge formation.
Falling wedge formation is a technical pattern characterized by two approaching trend lines that tend to down. Interestingly, this pattern usually hints at the potential trend upside down, after a longer negative trend.
As the development points to the upward trend, it incites further upgraded momentum, allowing it to re -examine the higher price level. If the Dogecoin floats after a breakthrough around the key resistance zones meme coin May -can look at the next larger rally, dominating the market phase of the bulls.
DOGE price eyes massive pump
Technical expert and trader Master Kenobi has also turned to Doge's performance, predicting that the horizon is a huge rise. Her prediction Based on Dogecoin's pricing, which corresponds to previous trends observed in 2017. According to the expert, the comparison of the current configuration with the facts of 2017 and the macrosem shows that this Doge has all the components needed for a large pumpTo.
Although investors are waiting for the next trajectory of the memo coin, the 3-day chart shows a 21-day exponential mobile average (mother) current situation in the current situation of the market. At the same time, this prospect is supported by other factors such as bullish divergence and RSI trendy violation.
Highlighted Picture from Getty Images, Chart from TradingView.com
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