Recent Price Action Shows Signs of Recovery
In the past 100 minutes of trading, DOGE has demonstrated a notable betterment pattern, climbing from a section bottommost of $0.156 to stabilize astir $0.158.
The terms enactment shows an evident V-shaped betterment with important measurement spikes (16-21 million) during the bottoming process astir 14:50-14:52, indicating beardown purchaser involvement astatine enactment levels.
The $0.158-$0.159 portion has emerged arsenic contiguous imaginable resistance, with aggregate tests showing decreasing selling pressure. This betterment aligns with the 38.2% Fibonacci retracement level from the caller decline, suggesting imaginable continuation toward the 50% retracement astatine $0.160 if existent momentum persists.
Dogecoin Technical Indicators
Price Range: DOGE traded betwixt $0.179–$0.156, representing a 12.7% swing.
Volatility: 48-hour annualized volatility reached 86.3%, importantly supra marketplace norms.
Support/Resistance: Breakdown of $0.165 enactment level with caller captious enactment portion astatine $0.158–$0.160.
Fibonacci Levels: Potential stabilization astatine the 61.8% retracement level ($0.162).
Volume Analysis: High-volume selling unit followed by important measurement spikes (16–21 million) during recovery.
Recovery Pattern: V-shaped betterment from $0.156 to $0.158 with decreasing selling unit astatine resistance.
Retracement Levels: Current terms enactment aligns with 38.2% Fibonacci retracement with the imaginable determination toward a 50% level astatine $0.160.
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External References:
Times Tabloid, “Dogecoin (DOGE) Next Significant Rally? 7 Critical Levels to Watch,” accessed Apr. 3, 2025
Bitzo, “Market Weakness Strikes: Are DOGE, SHIB Set to Recover successful April?” accessed Apr. 3, 2025
Times Tabloid, “Dogecoin (DOGE) astatine a Critical Turning Point arsenic Key Levels Dictate Its Next Move,” accessed Apr. 3, 2025
Coinpedia, “Will Dogecoin (DOGE) Crash oregon Skyrocket?,” accessed Apr. 3, 2025
Finbold, “Anxiety Grips Dogecoin Holders arsenic Major Sentiment Flips Into Bear Territory,” accessed Apr. 3, 2025