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After trading in a relatively quiet range in most April, at Dogecoin I started with a good note. MEME increased by more than 33 % this week, as it paid higher than a level of $ 0.22 due to a new wave of bullish momentum among retail and institutions.
In the midst of this recovery, technical indicators flashing a familiar signal that led to a huge increase in prices for Dogecoin since 2024. The latest analysis of the famous Tardigrade is attracted by Crypto Crypto attention to a potential turning point: MACD, bullish intersection on the weekly time frame.
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MACD signal is due to the explosive bullish trend of Dogecoin
Due to its performance since October 2023, the MACD (average rapprochement) index has become a valuable tool for discovering momentum in Dogoin price courses. It is now going up again. The intersection coincided with the MACD line over the signal line, with the beginning of the strong rise since the current session began in the fourth quarter 2023.
according to Tardigrade dealer planningThe last two transitions to MACD on the weekly timetable led to gatherings from $ 0.06 to $ 0.23 and from $ 0.086 to $ 0.48, respectively. Each of these gatherings has followed a period of deep corrections, similar circumstances of what Dogecoin has witnessed since March 2025.
He was the first MacD in this session in October 2023, which led to a gathering of 285 %. Cross MacD was the second in September 2024, which led to greater About 460 % gather, during which Dogecoin rose to its highest levels in the years of $ 0.48.
The graph also reveals that these MACD transitions have occurred after a round lower style. The current price structure appears to be such a setting, with a low -round low -round bottom and blue MACD line is about to cross to the bullish direction of the orange line.
This gives strong credibility to the idea that Dogecoin can be on Another gathering, Especially in general Feelings of the encryption market are positive now After Bitcoin break above $ 100,000 again.
image From x: Trader Tardigrade
Eyes on $ 1: Can Macd Rally repeat again?
Now that the MACD intersection has almost started, the clear question is whether this can cause Dogecoin To finally reach a $ 1 sign.
The expected goal is $ 1 on the long -term resistance trend, which led $ 0.23 and $ 0.48 to top this session. If this style continues, the Macd Crossover plays from Dogcoin as it was in the past, Macd Crossoer plays as a third flowing step. The analyst’s scheme draws an expected path It extends about one dollar by the middle of the year, After a path similar to other gatherings.
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The goal will be achieved $ 1 in prices, about 335 % of current levels, about $ 0.23. At the time of writing this report, Dogecoin is traded at $ 0.2355, an increase of 3.4 % over the past 24 hours and the highest level of the day at $ 0.2569.
Distinctive image from Unsplash, tradingvief chart
