- The Dogecoin RSI reached 28.35 on February 19, reporting a state of occurrence. DOGE is traded at $ 0.089.
- The 24 -hour trading volume jumped at 4.3b of 3.1b Doge, which indicates increased market interest.
- A MacD Haussier crossing at 2:00 p.m. UTC alludes to an increasing dynamic, supporting a potential recovery in prices.
Dogecoin approaches a crucial phase because it hovers nearly $ 0.25112, the relative force index (RSI) indicating occurrence conditions. Tarden late mentioned In X Post, the RSI of 4 hours of Dogecoin entered the surveillance area, signaling a potential short -term rebound.
On February 19, 2025, the Dogecoin RSI value dropped to 28.35, reporting that the assets could be undervalued and ready for a correction. At that time, DOGE was negotiated at $ 0.089, down 7.2% compared to the price of its monitoring of $ 0.096. The increase in trading volume indicates increasing speculation.
The 24 -hour negotiation volume leading to this RSI reading increased to 4.3 billion DOGE, a significant increase compared to the 3.1 billion DOGE recorded on February 16. This increase in commercial activity suggests increased market attention, potentially supplying a price movement. Historical models show that similar conditions often precede high price coverings.
The bullish momentum strengthens the position of Dogecoin
The action of Dogecoin prices reflects a renewed bullish momentum despite the recent volatility. The meme piece has bounced, breaking the levels of resistance of the keys and attracting a strong interest from buyers. If market conditions remain favorable, DOGE could continue its upward trajectory, possibly reversing its recent downward trend and pushing towards new local heights in the coming days.
After fluctuations, DOGE exceeded the resistance level of $ 0.2512, reaching a summit of almost $ 0,2530. The increase in purchase pressure indicates growing confidence among investors. If this momentum maintains above critical support areas, Dogecoin can attend new gains, strengthening its potential for a wider recovery.
The commercial implications of the DOGECOIN DIP RSI are important, as traders often see an RSI less than 30 as a purchase signal. As of February 18, DOGE experienced an increase of $ 0.091, reflecting the initial purchase pressure. This movement was accompanied by a negotiation volume of 2.7 billion Doge, strengthening the continuous interest of the market.
Beyond RSI, additional technical indicators suggest other potential gains for Dogecoin. The divergence of Mobile Average Convergence (MacD) reported a Haussier crossing at 2:00 p.m. UTC, the MacD line crossing the signal line. This suggests a growing dynamic, strengthening the possibility of a continuous recovery in prices for Doge.
The 50 -day mobile average of Dogecoin amounted to $ 0.094, while the 200 -day mobile average was $ 0.088, suggesting strong support for the latter. Bollinger bands have shown that Doge touched the band less than 3:00 p.m. UTC, another sign of occurrence conditions. These growing measures and volumes of negotiation indicate a short -term potential rebound.