Price: $0.17318 2.2254%
Market Cap: 25.71B 0.9397%
Volume (24h): 1.03B 0%
Dominance: 0.9397%
Price: $0.17318 2.2254%
Market Cap: 25.71B 0.9397%
Volume (24h): 1.03B 0%
Dominance: 0.9397% 0.9397%
  • Price: $0.17318 2.2254%
  • Market Cap: 25.71B 0.9397%
  • Volume (24h): 1.03B 0%
  • Dominance: 0.9397% 0.9397%
  • Price: $0.17318 2.2254%
Home > News > Has Dogecoin (DOGE) Price Bottomed Out? MACD Signals Trend Shift

Has Dogecoin (DOGE) Price Bottomed Out? MACD Signals Trend Shift

Release: 2025/03/15 18:10 Reading: 402

Original author:U_Today

Original source:https://coinmarketcap.com/community/articles/67d5461d20d29e3e1954f916

Cover image via U.Today

Dogecoin (DOGE) experienced a 1.64% increase in the last 24 hours, trading at $0.1714. This suggests a potential bottoming out for the meme coin, with emerging bullish signals indicating the end of its sell-off phase and a possible rally.

MACD Suggests Potential Dogecoin Recovery

TradingView data reveals that Dogecoin's Moving Average Convergence Divergence (MACD) indicator supports a bullish trend reversal. The MACD helps track trend changes, momentum, and potential buy/sell signals. Dogecoin's MACD line shows a flattening trend from late February to March, with a potential upward movement above the signal line. This could trigger a price rally.

Despite this, the bullish MACD signals suggest a potential long-term rally, with some analysts predicting a price as high as $4. Ali Martinez suggests this is possible if DOGE maintains a price between $0.16 and $0.19.

The coming days will be crucial in determining whether DOGE can sustain its current price action and embark on a projected rise. Read the original article on U.Today

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