Dogecoin recently made the headlines with its very first upward divergence on the daily RSI graph in 2025, reporting an upward movement of its price. Since the latest data, Dogecoin has been negotiated at $ 0.2659, reflecting an increase of 2.23% in the last 24 hours. However, although the upward divergence can indicate a possible rally, important uncertainties surrounding the volatility of the market could prevent Dogecoin from maintaining a major escape.
Technical indicators of the potential Rally of Dogecoin
Currently, the Dogecoin price is consolidated in a descending corner model, but it has not yet pierced its levels of key resistance. Despite this, the presence of a bullish divergence on the relative force index (RSI) points to the possibility of an upward trend. This technical indicator suggests that there can be a change of feeling from the market to the positive, even if the break has not yet taken place.
For a successful rally to take place, Dogecoin should maintain support at $ 0.25 and unravel the resistance. If he manages to remain stable above this price level, overvoltage could follow. However, the key question remains whether sufficient support on the market will emerge to trigger a sustained rally.
RISING TOTAL VALUE LAND (TVL) – Is it a sign of growing interest?
The total value of Dogine’s total value (TVL) recently increased, from $ 4.24 million to $ 4.68 million. This indicates a modest increase in the interest of investors and participation in the network. Although this TVL increase is positive, it remains small and does not yet indicate a significant change in the feeling of the market. Consequently, although this increase is encouraging, additional monitoring of TVL trends in the coming days will be essential to determine if it will lead to a substantial price movement.
MVRV ratio – An indicator of precursation?
At the time of writing this document, the market value ratio of the market value of Dogecoin (MVRV) is 77.7%. The MVRV ratio suggests that Dogecoin approaches its fair market value but has not yet become severely. So that Dogecoin can see a continuous movement movement, it will have to arouse a significant purchase interest in the market. If the MVRV ratio continues to increase, it could point out that the asset is overvaluing, which could cause price corrections in the near future.
The MVRV report, seen in conjunction with other indicators, suggests that if Dogecoin has the growth potential, investors should remain cautious about the risks associated with overvaluation. It will be important to monitor any sign of overheating on the market, especially if the price continues to climb without sufficient support for new buyers.
Technical analysis – Limited purchase momentum and down pressure
A more in -depth analysis of technical indicators shows that the feeling of the Dogecoin market remains largely neutral. The RSI is currently 40.96, indicating a limited purchasing dynamic and a global market indecision. In addition, the directional movement index (DMI) reveals a positive directional index (+ D) to 9.31 and a negative directional index (-d) at 33.24. The average directional index (ADX) is 24.53, signaling a low trend force.
The disparity between the positive and negative directional indices suggests that although there may be signs of potential ascending movement, the overall downward pressure is always dominant. This indicates that a break is not guaranteed, and for Dogecoin to overcome this downward pressure, it will take a lasting purchase interest and a change of feeling of the market.
Conclusion: Will Dogecoin break the resistance?
In conclusion, although the bullish divergence on the Dogecoin RSI graph presents a promising indicator for the movement of future prices, an escape remains uncertain. Dogecoin has not yet crossed its key resistance levels, and although technical indicators point to a potential increase movement, wider market dynamics and investors’ feeling will be crucial to determine if cryptocurrency can maintain the momentum.
The modest increase in TVL and the current MVRV ratio both suggest that although there is a certain interest for Dogecoin, an important support on the market is still necessary to trigger an escape. Investors should continue to closely monitor prices to see if Dogecoin can maintain its support and attract enough purchase interest to initiate a sustained rally.
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