NewsBTC

1 April 2025

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Crypto Analyst Highlights Dogecoin Chart as Key Indicators Align

Crypto analyst Cantonese Cat highlights a favorable technical setup for Dogecoin against USD, noting key indicators aligning on the weekly chart. The analysis includes:

• A long-term downward diagonal trendline from the 2021 peak near $0.70.
• A recent retest of this trendline, with potential bullish implications if defended successfully.
• A bullish "golden cross" formed by the 100-week SMA at $0.1456 crossing above the 200-week SMA at $0.1412.
• An Ichimoku Cloud indicating bullish conditions, with price approaching its upper boundary.

If Dogecoin closes above critical support near $0.145 over consecutive weeks, a sustained uptrend is more likely. Currently, DOGE trades at $0.17417.