Recent price actions show signs of recovery
In the last 100 minutes of trade, Doge has demonstrated a remarkable recovery pattern climbing from a local bottom of $ 0.156 to stabilize about $ 0.158.
The price action shows a seemingly V-shaped recovery with significant volume tips (16-21 million) during the bottom process around 14: 50-14: 52, indicating a strong buyer interest in support levels.
$ 0.158- $ 0.159 zone has emerged as immediate potential resistance, with several tests showing falling sales pressure. This recovery matches 38.2% Fibonacci Retracement level from the recent decline, suggesting potential continuation against 50% retracement to $ 0.160 if the current momentum continues.
Dogecoin technical indicators
- Price range: DODE traded between $ 0.179- $ 0.156, representing a 12.7% turn.
- Volatility: 48-hour annual volatility reached 86.3%, markedly above market norms.
- Support/Resistance: Division of $ 0.165 Support Level with a new critical support zone for $ 0.158- $ 0.160.
- Fibonacci levels: Potential stabilization at 61.8% Retracement level ($ 0.162).
- Volume Analysis: High volume sales pressure followed by significant volume tips (16-21 million) during improvement.
- Recovery pattern: V-shaped recovery from $ 0.156 to $ 0.158 with falling sales pressure on resistance.
- Retracement Levels: Current Price Action is in line with 38.2% Fibonacci Retracement with the potential feature against a 50% level of $ 0.160.
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External references:
- Times Tabloid, “Dogecoin (DOGE) NEXT SIFY RALLY? 7 Critical Levels To See,” Opened April 3, 2025
- Bitzo, “Market Worship Strikes: Is DOGE, Shib set to recover in April?” Opened April 3, 2025
- Times tabloid, “Dogecoin (DOGE) at a critical turning point as key levels dictate the next move,” opened April 3, 2025
- Coinpedia, “Will Dogecoin (Doge) Crash or Skyrocket?,” Opened April 3, 2025
- FINBOLD, “Anxiety grabbed Dogecoin holders when the big atmosphere tilts into the bear area,” opened April 3, 2025