Dogecoin Breaks Its ‘Lower-Band Prison’ As Daily Trend Flips
2 hours ago
The Dogecoin price is currently up by approximatel
Dogecoin Breaks Its ‘Lower-Band Prison’ As Daily Trend Flips
The Dogecoin price is currently up by approximately 17% since the December 31 low and the rebound is starting to look less like a dead-cat bounce and more like a regime change, according to crypto analyst Cantonese Cat, who points to a clear shift in how DOGE is trading inside its Bollinger Bands on the daily chart.Dogecoin daily chart | Source: X @cantonmeowDogecoin weekly chart | Source: X @cantonmeowThe comparison highlights prior instances where IWM’s breakout behavior preceded DOGE’s major upside phases, implying DOGE’s current improvement could be read as a delayed echo if the template holds.Dogecoin monthly chart vs Russell 2000 | Source: X @cantonmeowDOGE must break the 200-week EMA, 1-week chart | Source: DOGEUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
