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Tag: Trader Tardigrade

  • Dogecoin RSI Has Crashed To Lowest Level Since Launch, Analyst Predicts Next Target

    Crypto analyst Cryptollica has revealed that the Dogecoin Relative Strength Index (RSI) has crashed to its lowest level since its launch. The analyst also predicted that this might mark the bottom for the foremost meme coin, with a bullish reversal on the horizon. 

    Dogecoin RSI Hits All-Time Low Since Launch

    In an X post, Cryptollica stated that the Dogecoin RSI has hit its lowest level in 12 years and is completely oversold. The analyst noted that, after removing all social sentiment and meme narratives, DOGE’s 2-week chart shows one of the most “severe structural anomalies currently visible in the market.”

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    Cryptollica’s chart also highlighted what marked the macro bottom for Dogecoin in previous cycles and how this may be the bottom for the meme coin in this cycle. The analyst noted that the DOGE price has now compressed to the exact structural baseline that precedes major macro expansions, suggesting a bullish reversal may be on the horizon.

    Source: Chart from Cryptollica on X

    The analyst mentioned that this appears to be the “absolute oscillator floor” as the Dogecoin RSI is at an all-time low. Cryptollica alluded to the underlying momentum indicator, noting that the 2-week RSI has hit the 34 threshold. He added that the current downward momentum is mathematically weaker than it was during the 2015 bear market and the 2020 COVID crash. Meanwhile, selling pressure is completely exhausted. 

    In another X post, Cryptollica highlighted a channel from 2021 up until now. The analyst’s accompanying chart showed that Dogecoin could still rally to as high as $1.3, which is the top of the line. The midline target for the foremost meme coin is $0.3. The chart also suggested that DOGE could see a bullish reversal between now and July later this year. 

    DOGE Bouncing From Oversold Level

    Crypto analyst Trader Tardigrade stated in an X post that Dogecoin has just bounced from the RSI oversold zone and is heading back to the top. His accompanying chart showed that DOGE could rebound to $0.12 as it bounces from this oversold zone. It is worth noting that the meme coin, however, continues to face selling pressure amid the crypto market sell-off due to the Trump tariffs. 

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    In another X post, Trader Tardigrade noted that Dogecoin has formed a second base on the weekly chart. A pump followed base 1, and he again expects another pump to follow base 2.  His accompanying chart showed that DOGE could first rally to $0.4 between now and July, then see a corrective move before it rallies to $1 by next year. 

    At the time of writing, the Dogecoin price is trading at around $0.09116, up almost 2% in the last 24 hours, according to data from CoinMarketCap.

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    DOGE trading at $0.09 on the 1D chart | Source: DOGEUSDT on Tradingview.com

    Featured image from Getty Images, chart from Tradingview.com

    Scott Matherson

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  • Dogecoin Comeback Trail: RSI Breakout And Price Action Hint At A $0.21–$0.25 Surge

    Dogecoin is regaining its spark as technical indicators flash signs of renewed bullish momentum. Following a prolonged consolidation and a notable correction to $0.095, the popular meme coin is now showing encouraging signs of recovery. A quiet yet steady breakout in its price structure, supported by an RSI breakout from an inverse head-and-shoulders pattern, points toward strengthening market sentiment.

    Dogecoin’s Price Action Aligns With RSI Breakout Targets

    Trader Tardigrade, in his recent analysis of Dogecoin’s 4-hour chart posted on X, emphasized that the popular meme coin is maintaining a solid uptrend after a quiet but meaningful breakout. The move reflects growing bullish strength in the market as DOGE continues to trade above key support levels, signaling renewed interest from buyers after a period of consolidation. 

    He further explained that the RSI indicator is displaying an inverse head and shoulders breakout pattern, a technical signal that often precedes a strong bullish continuation. The development suggests that momentum is building in favor of the bulls, with the RSI likely to climb toward the overbought zone if buying pressure persists. 

    According to Tardigrade, if the current uptrend remains intact and the price continues to hold above key short-term supports, Dogecoin could advance toward its previous high near $0.21. Breaking above that level would not only validate the bullish structure but also potentially trigger a stronger rally, as it would confirm a shift in market sentiment toward sustained upside momentum.

    DOGE Shows Early Signs Of Rebound After Deep Correction

    Crypto analyst BitGuru revealed in a recent post on X that Dogecoin (DOGE) is finally showing the early signs of a potential rebound. This follows a prolonged period defined by a lengthy consolidation phase and a deep correction that pushed the price down to the $0.095 level. Such resilience, appearing after such an extended pullback, suggests that the market may finally be ready to stabilize.

    The analyst provided a clear technical trigger that would confirm a definitive shift in the short-term market momentum. For the momentum to truly take hold and build into a sustainable rally, the price must successfully sustain above the key $0.20 level. This acts as the necessary floor that buyers must establish and defend.

    If DOGE is able to achieve a confirmed hold above $0.20, the technical outlook suggests a clear path higher. Momentum would then be expected to build rapidly toward the next major resistance target, identified as the $0.25 zone, signaling a significant short-term bullish shift for the meme coin.

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  • Dogecoin Price Is About To Complete Another Golden Cross, Why $0.33 Is The Key

    The Dogecoin price is about to complete a Golden Cross pattern, a technical event that often signals the start of a super bullish run. A crypto analyst argues that the real test lies at $0.33, a resistance level that could determine whether DOGE begins its next major rally and extends its momentum into the broader altcoin market.  

    Golden Cross Forms On Dogecoin Price Chart

    Crypto analyst Cas Abbe recently highlighted in an X social media post Dogecoin’s bullish momentum, noting that the meme coin is about to complete another Golden Cross. In technical terms, a Golden Cross signals the potential start of an extended bullish cycle. 

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    Cas Abbe emphasized the significance of this chart setup, pointing out that every time Dogecoin rallies, the broader altcoin market tends to follow suit. According to him, if DOGE manages to break decisively above key resistance levels, it could trigger a massive bullish surge, marking the beginning of a strong altcoin season. 

    Source: Chart from Cas Abbe on X

    The analyst’s chart illustrates Dogecoin’s upward trajectory, with the price steadily climbing after bouncing from support levels around $0.21. His projection shows the meme coin advancing toward the upper resistance channel, where $0.33 sits as the key battleground. Cas Abbe predicts that a breakout beyond this threshold would push the Dogecoin price to $0.37, representing a roughly 60% surge from current levels around $0.23.  

    Adding to the bullish narrative, crypto analyst Trader Tardigrade also shared his perspective on Dogecoin’s Golden Cross formation. He focused on the 12-hour chart, where the MACD indicator flashes the bullish chart signal. According to him, the histogram has already turned green, a clear sign of rising buying pressure. Additionally, Trader Tardigrade’s analysis suggests that bulls are beginning to take control of the market, with his chart predicting a potential surge toward the $0.32 – $0.33 zone.

    Expert Says Dogecoin To Reach $1 Next

    A crypto market expert identified as ‘Solid’ on X has drawn attention to a broader structure forming on Dogecoin’s weekly chart. His analysis reveals a broad consolidation area that could serve as the foundation for a parabolic rally. Based on this technical formation, Solid has forecasted that a golden bull run is imminent—one that could propel the DOGE price to the $1 milestone in the long term. This would reflect a massive price increase of approximately 334%. 

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    In the chart, Dogecoin’s current price action started as part of a larger consolidation phase that began after the 2021 peak. Now with bullish momentum starting to resurface after months of suppression, Solid’s analysis suggests that a strong upward breakout is becoming increasingly likely. The curved trajectory drawn on his chart envisions the meme coin riding steadily through 2025, ultimately accelerating past previous resistance levels and entering uncharted territory around $1 by 2026.  

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    DOGE trading at $0.24 on the 1D chart | Source: DOGEUSDT on Tradingview.com

    Featured image from iStock, chart from Tradingview.com

    Scott Matherson

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