|

What The Current Dogecoin Momentum Means For The Meme Coin’s Price

A brand new technical studying exhibits that Dogecoin’s value construction is not as weak as the surface-level value motion may suggest. In a current put up on X, crypto analyst Javon Marks pointed to a hidden bullish divergence forming on Dogecoin’s chart.  The concept comes at a time when DOGE has been creating attention-grabbing low buildings for the reason that starting of the yr and momentum indicators are at multi-year lows throughout the altcoin market.

A Divergence Hidden in Plain Sight

While Dogecoin’s value has been carving lows since early 2026, its momentum oscillator has been registering decrease lows over the identical interval. This break up conduct, which was noted by crypto analyst Javon Marks, the place value and momentum transfer in opposing instructions, is the definition of hidden bullish divergence. 

The chart is exhibiting that despite the fact that momentum readings look weaker on paper, Dogecoin itself has not damaged down in the identical approach. That disconnect can counsel that sellers are shedding management beneath the floor. The 8-day candlestick value chart beneath exhibits that DOGE has been holding above a broad assist zone across the $0.09 area for the previous 5 – 6 weeks, sustaining a sequence of upper lows. 

Below that value motion are the oscillator and RSI panels, that are each exhibiting descending lows, marked out as a bearish-looking momentum development that has not translated into an identical collapse in value. That mismatch is what offers the divergence its bullish interpretation, and the outlook on this case is a bullish run to yearly highs.

The RSI has declined into the high 30s to low 40s vary, a area shaded in pink on the chart, which aligns with ranges seen through the accumulation section of 2023 and early 2024 earlier than Dogecoin’s main rally

Dogecoin Price Chart. Source: @JavonTM1 On X

Room For A Move Above $0.44

The chart above additionally exhibits why the current area around $0.09 issues a lot. Dogecoin has spent current months bleeding from its late-2024 and early-2025 highs, however that descent has now slowed into a good cluster of candles close to the identical assist shelf at $0.09. 

The Dogecoin value is now not falling in the identical approach seen through the first two months of 2026 however is now stabilizing. As long as Dogecoin continues to defend that $0.09 vary and avoids shedding its higher-low construction, the case for a continuation transfer will nonetheless be alive.

The most bold a part of the evaluation is the upside projection. According to Marks, the continuation implied by this hidden bullish divergence could send Dogecoin on a rally of greater than 350%. Projecting this proportion acquire would see the Dogecoin value breaking above $0.44.

Similar Posts