Dogecoin Price Prediction: Key Technical Signals Hint Recovery

Key Insights:

• Dogecoin price falls into oversold RSI territory, signaling fading selling pressure.
• DOGE bull flag and momentum patterns indicate consolidation rather than breakdown.
• Long-term support zones are attracting buyers after a prolonged DOGE price decline.

Dogecoin price found interest after a long decline that left the memecoin in oversold territory. Recent charts show that the DOGE price testing long-term support zones. At the same time, several momentum indicators signal stability.

Analysts tracking multiple timeframes mention that selling pressure has slowed, despite elevated volatility.

RSI Reset Signals Dogecoin Price Potential Local Bottom

Technical analyst Trader Tardigrade highlighted an important development on the daily chart. Dogecoin price peaked earlier when the Relative Strength Index went into overbought territory. Since then, DOGE price has gone into a steady decline, taking the RSI into oversold conditions.

DOGE RSI Indicator | Source: Tardigrade, X

Oversold RSI levels often signal that downside momentum is weakening instead of accelerating. During previous Dogecoin cycles, this type of RSI reset was visible near local lows. Those periods were usually followed by sideways consolidation before any directional move again.

The current RSI structure also reflects the behavior of the memecoin market at large. Speculative demand cooled sharply following recent market volatility, driving prices down faster than momentum could recover.

Bull flag Consolidation Replaces Aggressive Selling

Meanwhile, on the lower timeframes, Trader Tardigrade traded a developing bull flag on the four-hour chart. The pattern that was formed after a big bounce from recent lows. Since then, Dogecoin price has been trading in a tight range of consolidation.

DOGE Bull Flag Chart | Source: Tardigrade, X

Bull flags usually follow impulsive moves and represent a pause rather than an instant reversal. In this case, consolidation implies that the sellers are no longer in complete control. Price has been above the lower level of the flag, which analysts consider as being bullish.

A possible upside target from the pattern coincides with the $0.12 region. That level coincides with resistance from an earlier consolidation zone.

Analysts point out that a clean breakout would have to be accompanied by higher volume. A breakdown, however, would nullify the structure and reopen downside risk.

Momentum Indicators Show Early Improvement for Dogecoin Price

Additional signals come from intraday momentum indicators. A cup and handle formation has formed after a descending broadening wedge. As the handle developed, the Moving Average Convergence Divergence indicator printed a bullish crossover.

MACD crossovers signal short-term changes in momentum. In past DOGE price action, the same arrangements were followed by tactical bounces rather than a complete trend change. Analysts warn that these signals are only effective when longer timeframes confirm stability.

Nevertheless, the emergence of a cup-and-handle pattern and rising momentum provides additional context.

MACD Bullish Crossover | Source: Tardigrade, X

It indicates that buyers are intervening, though the conviction remains low. To memecoin traders, these conditions are directional bets, whereas they favor range-bound strategies.

Long-term Support and Cycle Context Shape Expectations

Beyond short-term charts, however, context is important. Analyst BitGuru pointed out Dogecoin price is tapping a major long-term support zone. This level historically served as an area of reaction during the past cycles.

DOGEUSDT Daily Chart | Source: BitGuru, X

DOGE price action near the lows also indicates a liquidity sweep. Such moves can flush out weaker positions quite a lot of times before the price stabilizes. In previous Dogecoin cycles, we saw similar behavior around extended bottoms instead of mid-trend pullbacks.

Meanwhile, analyst Hailey LUNC compared the current DOGE price structure with previous memecoin cycles.

Past phases had deep corrections followed by long periods of base building. Those bases provided later support for wider advances when the market conditions became more favorable.

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