Dogecoin Sets A New Record In A Key Cycle Indicator: Bottom In?

Dogecoin has pushed a cycle-style positioning metr

Dogecoin Sets A New Record In A Key Cycle Indicator: Bottom In?

Dogecoin Sets A New Record In A Key Cycle Indicator: Bottom In?

Dogecoin has pushed a cycle-style positioning metric to a level never seen before in its history, and the chart’s context suggests the market has only been in comparable territory twice, both times near major cycle lows.
Alphractal founder and CEO Joao Wedson said DOGE has now crossed a key threshold in his “Number of Days Spent at a Profit” indicator.

Dogecoin: Number of days spent at a profit | Source: X @joao_wedson
DOGE closed the week above the Oct. 10 low, 1-week chart | Source: DOGEUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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