GasCope
Dogecoin Price Prediction: TD Sequential Buy Signal Points to $0.110
Back to feed

Dogecoin Price Prediction: TD Sequential Buy Signal Points to $0.110

By our Markets Desk3 min read

Dogecoin is holding key support after bouncing from the 0.618 Fib fan and staying above the $0.096 daily level. Analysts now watch whether the TD Sequential buy signal can push $DOGE toward $0.110, because the chart apparently enjoys a bit of drama.

Dogecoin Price Holds 0.618 Fib Fan as Analyst Watches $DOGE Wave Setup

Dogecoin has bounced from the 0.618 Fib fan on the monthly chart, according to a setup shared by Surf on X. The analyst said $DOGE has now posted a second monthly close above that level, which keeps the long term support structure in focus — and, one suspects, the analyst's notifications.

Dogecoin Monthly Chart. Source: Surf on X

The chart shows $DOGE moving inside a long term Fibonacci fan structure drawn from the 2021 peak. Several fan lines have acted as resistance and support during the wider decline and recovery phases, a pattern that has historically offered plenty of content for TA posts.

$DOGE recently tested the 0.618 Fib fan and bounced from that area. The second monthly close above the line suggests buyers are still defending this part of the structure. This matters because the same line now works as a higher timeframe support level. As long as $DOGE stays above it, the chart keeps a possible recovery setup alive.

The next upside area sits around the nearby resistance zone above $0.10. A stronger move would need to clear the next fan line before $DOGE can show better monthly momentum. However, a clean break back below the 0.618 Fib fan would weaken the setup. In that case, $DOGE could fall back toward lower support levels around the lower part of the monthly range, which is rarely a mood lifter.

For now, the chart shows Dogecoin holding a key long term support line. The next signal depends on whether buyers can build on the second monthly close above the 0.618 Fib fan.

Dogecoin Price Flashes Buy Signal as $DOGE Holds $0.096 Support

Dogecoin has flashed a TD Sequential buy signal on the daily chart, according to a setup shared by Ali Charts on X. The analyst said $DOGE is holding firm above $0.096 support, while $0.110 could become the next upside level if buyers follow through.

Dogecoin Daily Chart. Source: Ali Charts on X

The chart shows $DOGE moving lower through the second half of May before stabilizing near the $0.0964 support area. Price then started moving sideways near the $0.0999 zone, which is the kind of indecisive drift that keeps chartists caffeinated.

Ali Charts marked a TD Sequential buy signal with the number 9 above the latest candle. This signal often appears after a series of downside candles and can point to a possible short term reversal setup. The first important level above price sits near $0.1011. $DOGE needs to reclaim that area before a move toward higher resistance levels becomes stronger.

Above that, the chart marks resistance near $0.1048, $0.1074, and $0.1100. Ali Charts pointed to $0.110 as the next potential target if the support zone continues to hold. However, the setup depends on $DOGE staying above $0.0964. A clean break below that support would weaken the buy signal and show that sellers still control the short term trend, which is one way to ruin a chartist's afternoon.

For now, Dogecoin is trying to build a rebound after holding its lower daily support. The next signal depends on whether buyers can push $DOGE above $0.1011 and continue toward $0.110.

Mentioned Coins

$DOGE
Share:
Publishergascope.com
Published
CategoryMarkets

Disclaimer: This content is for information and entertainment purposes only. It does not constitute financial, investment, legal, or tax advice. Always do your own research and consult with qualified professionals before making any financial decisions.

See our Terms of Service, Privacy Policy, and Editorial Policy.