Since the encryption market remains volatile, Mimi coins are gradually gaining momentum. Currently, with a maximum market in a sector of 47.5 trillion dollars, DOGECOIN is traded at $ 0.17.
Over the past 24 hours, it is still not certain, while the trend for 7 days reveals a declining effect. With 17.77 % in the last 7 days, Dogecoin carries the maximum market with a value of $ 25 billion. Will the short -term uncertainty lead to a bullish result for Dogoin?
3 reasons make Dogecoin obligate the bullish gathering
Ali Martinez, an encryption analyst, is very bullish in the largest Mimi currency, as it provides a possible chances of a possible rise. According to the analyst, the direction of the DOGE price is hinted to a reversal gathering in the weekly graph with the formation of the Doji candle.
#DogeCoin $ Doge Duji printing potential ups on the weekly graph!
Join me in this trade through registration Coinexcom Using my referral link https://t.co/73n8mwavux. pic.twitter.com/w3zakwvlq
Ali (ali_charts) March 13, 2025
Duji candles are unconfirmed candles in general, which represent the end of the prevailing direction. While Dogecoin maintains a prevailing fall, the Doji candle hints to a potential upward reflection.
Moreover, the analyst High A great recovery of Dogecoin, where the random force of relativity index in the weekly graph to the side in the sale area turns. In general, the momentum indicators in the sale area are likely to indicate the reflection of the direction.
#DogeCoin $ Doge The network is expanding! New addresses doubled last month, increasing from 16,400 to 34,600. pic.twitter.com/rjwubcy3n
Ali (ali_charts) March 12, 2025
In addition to optimistic direction opportunities, the analyst also highlights the massive expansion of the Dogecoin network. During the past month, the total number of new DOGECOIN addresses has doubled. This represents an increase from 16400 to 34,600 new addresses on the Dogoin network.
Dogecoin approaches a spook rally
In the daily graph, the direction of Dog’s price reveals a bullish reflection in the fall of the fall of the fall. Currently, the operation of recovery and medium coin means approaching the direction of public resistance.
Supporting the chances of a mass rally, the MACD lines and the signal lines are about to give a positive intersection. Because of the prevailing fall, EMA lines were given for 50 and 200 days of death.
Moreover, EMA lines of 100 and 200 days in a decrease, face a declining intersection. Based on Fibonacci levels, the bullish escape will pay the Dogecoin to the level of 50 % at the mark of $ 0.28045. On the other hand, the decisive support remains on the 0.15 dollar psychological mark followed by a level of $ 0.10.
