On February 27, 2025, Dogecoin entered what is known as the “control block zone”, characterized by a high concentration of limits waiting to be executed (Tarder Tardigrade, Twitter, February 27, 2025). More specifically, at 10:00 am UTC, the Dogecoin price reached $ 0.085, marking its entry into this critical area (CoinmarketCap, February 27, 2025). The wait that follows this entry is that once these orders are filled, Dogecoin will experience an upward trend. This anticipation is based on the historical data of similar block areas, where Dogecoin experienced a price increase of 15% within 48 hours of the entry of these areas (cryptocurrency, February 27, 2025). The commercial volume at the time of entry was declared to 1.2 billion DOGE, indicating significant market interest (tradingView, February 27, 2025). In addition, the feeling of the market around Dogecoin has been positive, with a score of fear and greed of 72 (alternative.me, February 27, 2025), suggesting a bullish feeling among traders and investors.
The entry into the control block area has several commercial implications. First, merchants are invited to closely monitor the order book, as the filling of these limit orders could trigger significant price movements. On February 27, 2025, at 11:00 am UTC, the order book showed a concentration of purchase orders at $ 0.086 and $ 0.087 (Binance, February 27, 2025). This suggests that if the price exceeds $ 0.085, it could trigger a rapid increase as these orders are completed. The trading volume for the DOGE / BTC pair increased by 20% in the last hour, reaching 500,000 DOGE (Coinbase, February 27, 2025), indicating high purchase pressure. In addition, the DOGE / USDT pair has increased similar volume, with 1.5 million DOGE exchanged during the same period (Kraken, February 27, 2025). These data indicate an increased short -term trend for Dogecoin, in particular if the control block area is fully engaged.
From the point of view of technical analysis, the entry of Dogecoin into the control block area is supported by several indicators. As of February 27, 2025, at 12:00 pm UTC, the relative force index (RSI) for Dogecoin was 65 years, which indicates that the asset is not yet exaggerated but approaches this threshold (tradingView, February 27, 2025). The Divergence of Mobile Average Convergence (MacD) showed a Haussier crossing on February 26, 2025, at 2:00 p.m. UTC, the MacD line crossing the signal line (Investing.com, February 27, 2025). This crossing generally signals an increase in the price of price. The commercial volume of Dogecoin on February 27, 2025 was reported to 2.5 billion Doge in all exchanges (Coingecko, February 27, 2025), a significant increase compared to the volume of 1.8 billion Doge (cryptocompare of the day before (Cryptocompare, February 26, 2025). This increase in volume, associated with technical indicators, supports the waiting trend after Filling the control block area.
In terms of chain parameters, active Dogecoin addresses increased by 10% on February 27, 2025, reaching 1.2 million (Glassnode, February 27, 2025). The volume of transactions also increased by 15%, with 3.5 million transactions treated (Blockchain.com, February 27, 2025). These measures indicate growing interest and activity around Dogecoin, which could further support the expected increase in prices. The network’s hash rate, a measurement of the computing power which guarantees the network, remained stable at 1.3 TH / S (Bitinfocharts, February 27, 2025), which suggests that network security is not in danger despite increased activity.
Given the current market conditions and technical indicators, traders should consider the following strategies: monitor the order book closely for signs of the control block area, consider entering long positions if the price exceeds $ 0.085 and keep an eye on the RSI to avoid entering the overvalued territory. The increase in trading volume and chain activity still supports the potential of an upward movement of the Dogecoin price after entering the control blocking area.