{"id":834841,"date":"2025-03-18T08:12:20","date_gmt":"2025-03-18T13:12:20","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/18\/dogecoin-doge-poised-for-massive-rally-bullish-pattern-spotted\/"},"modified":"2025-03-18T08:12:20","modified_gmt":"2025-03-18T13:12:20","slug":"dogecoin-doge-poised-for-massive-rally-bullish-pattern-spotted","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/18\/dogecoin-doge-poised-for-massive-rally-bullish-pattern-spotted\/","title":{"rendered":"Dogecoin (DOGE) Poised for Massive Rally? Bullish Pattern Spotted\u00a0"},"content":{"rendered":"
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\"Dogecoin<\/figure>\n<\/div>\n
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The sentiment across the cryptocurrency landscape appears confusing due to huge price fluctuations. Amid this, Dogecoin (DOGE) the popular and the world\u2019s largest crypto meme coin formed a bullish price action pattern and is poised for massive upside momentum.<\/p>\n

Dogecoin (DOGE) Technical Analysis and Upcoming Levels\u00a0<\/strong><\/h2>\n

According to expert technical analysis, DOGE has formed a bullish inverted head and shoulder price action pattern in a four-hour time frame with a sharing a neckline at the $0.178 level.<\/p>\n

Based on the recent price momentum and historical patterns, if the meme coin breaches the neckline and closes a four-hour candle above the $0.18 level, there is a strong possibility it could soar by 18% to reach the $0.212 level in the coming days.\u00a0<\/p>\n

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Source: TradingView<\/figcaption><\/figure>\n

This $0.21 level is the horizontal resistance level and is further supported by the 200 Exponential Moving Average (EMA) on a daily time frame, which indicates that the asset is still in a downtrend and overall market conditions.<\/p>\n

Traders Bearish Outlook<\/strong><\/h2>\n

Despite bullish price action and patterns appearing on the chart, DOGE traders appear to have a bearish outlook, as reported by the on-chain analytics firm Coinglass<\/a>.<\/p>\n

Data revealed that traders are currently over-leveraged at $0.168 on the lower level and $0.1755 on the upper level.<\/p>\n

Besides this data further revealed that traders have built nearly $12.70 million worth of long positions on the $0.168 level, while $19 million worth of short positions on the $0.1755 level, which potentially clears that intraday traders hold a bearish view on the DOGE meme coin.<\/p>\n

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Source: Coinglass<\/figcaption><\/figure>\n

Current Price Momentum\u00a0<\/strong><\/h3>\n

DOGE is currently trading near $0.173 and has experienced an upside momentum of 1.50% in the past 24 hours. However, during the same period, its trading volume jumped by 16%, indicating lower participation from traders and investors compared to the previous day.<\/p>\n<\/div>\n

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\n Chandan Gupta<\/p>\n","protected":false},"excerpt":{"rendered":"

The sentiment across the cryptocurrency landscape appears confusing due to huge price fluctuations. Amid this, Dogecoin (DOGE) the popular and the world\u2019s largest crypto meme coin formed a bullish price action pattern and is poised for massive upside momentum. Dogecoin (DOGE) Technical Analysis and Upcoming Levels\u00a0 According to expert technical analysis, DOGE has formed a<\/p>\n","protected":false},"author":1,"featured_media":834842,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45671,23308],"tags":[],"class_list":{"0":"post-834841","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dogecoin","8":"category-poised"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/834841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=834841"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/834841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/834842"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=834841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=834841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=834841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}