- Dogecoin rebounds from long-term support as RSI signals a potential trend shift.
- Price lows align with RSI bottoms, repeating every 215 days with precision.
- DOGE holds $0.16 after a 60% drop, hinting at a cycle reset toward resistance.
Dogecoin has entered another potential reversal phase as its price bounces from a long-term ascending support line. RSI trends, historical rebounds, and resistance levels all signal a technical inflection point.
Price Patterns, RSI Divergence, and Key Support Zones
Dogecoin’s historical price action reflects recurring phases of rallies followed by consolidation and sharp drawdowns. These fluctuations show familiar structures and provide clues to possible forward movement based on previous behavior. Analysts closely track support zones, RSI signals, and divergence patterns to map DOGE’s next direction.
Dogecoin’s timespan is forming what some see as a bullish setup. Crypto Seth has analyzed this through multi-year price movements and indicator alignments. According to Crypto Seth, Dogecoin’s timespan shows distinct bullish cycles and well-defined resistance levels.
Source: Crypto Seth
Seth acknowledged a sustained rally beginning in November 2023 after DOGE broke above $0.10. The move peaked around $0.22 in early 2024 before reversing. He detailed that the rally resumed in August 2024, sending the price to nearly $0.48 by November. This marked the strongest point on the chart, followed by a steep 60% correction.
DOGE has since stabilized around $0.16, with RSI recovering from oversold levels. Seth emphasized the 3-day RSI reading at 36.14, still below the neutral 50 mark. He also pointed out several triangle markers on the chart that align with RSI extremes and reversal points. Support holds around $0.0584, with resistance zones near $0.4842 and $0.7653.
His timespan excludes volume, focusing instead on price behavior, RSI, and moving averages to outline momentum shifts. Red and green markers highlight past turning points, which Seth sees repeating in new phases.
Time-Based Cycles and Trendline Support Observed
Another analyst, Master Kenobi, has provided additional insights using cyclical analysis and time intervals between major bottoms. His research highlights recurring rebounds in DOGE price that occur 215 days apart. This observation appears three times since early 2023.
Source: Master Kenobi
He draws attention to a blue ascending trendline connecting all major lows. Each price low aligns with an RSI bottom near oversold levels. Kenobi explained that after each dip, price and RSI recover in sync.
He also charted a yellow channel acting as a broader rising structure. Price recently touched the lower boundary after a drop to $0.12. DOGE now trades near $0.16, again resting above long-term support, in line with the 215-day cycle.
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