TLDR
- Dogecoin experienced a decline of 40% recently but has shown signs of recovery, now trading to $ 0.2669 with 20% loss for seven days
- Historical analysis suggests a 1,442-day bicycle pattern for Doge, with predicted market top on April 14 2025
- Technical indicators show a Haussey RSI Diver’s, although Cryptocurrency needs to keep market support
- Total Locked (TVL) has increased from $ 4.24 million to $ 4.68 million, indicating gradually rising interest
- The current MVRV ratio of 77.7% suggests that Doge is approaching real market value but is not considerably overcrowded
Dogecoin has experienced a remarkable price volatility in recent daysSelects a decline of 40% at the start of the week before showing signs of recovery. The popular Cryptocurrency currently deals at $ 0.2669 and maintains a loss of 20% in the last seven days.
The latest price movement has received attention from market analysts studying historical patterns to understand potential future courses. An important finding is shown in the analysis of Dogecoin’s former market cycles, which indicates a consistent pattern that extends over 1,442 days.
This bicycle pattern has been observed through Dogecoin’s history, from its early days in 2013. During the first cycle, which went between 2013 and 2018, Doge reached an increase of 21,821% from its low low to the top, and moved from about 0.00009 years for to break above $ 0.01 for the first time.
The second market cycle proved even more impressive, with Dogecoin that registered an increase of 54,890% from its lowky cell. This period coincided with the Meme Coin Boom 2021, which helped to drive Dogge until the current highest time of $ 0.7316.
Technical analysis of the current market suggests that Dogecoin has entered its third major bicycle. The bike’s starting point is characterized by the bear market was $ 0.055 registered in 2022, after all-time high 2021.
New market data shows interesting development in Dogecoin’s total value locked (TVL), which has increased from $ 4.24 million to $ 4.68 million. Although modest, this growth indicates an increasing interest in Cryptocurrency.
MVRV ratio, currently at 77.7%, provides additional insight into Dogecoin’s Market position. This metric suggests that while Dogge is approaching its true market value, it has not reached over -bought territory.
Technical indicators present a mixed picture of Dogecoin’s current condition. The relative strength index (RSI) is at 40.96, which indicates neutral market term with limited shopping moments. This marks the first hausse -like divergence on the RSI Daily diagram in 2025.
The directional movement index (DMI) reveals further details about marketing moments. Current readings show a positive directional index (+D) at 9.31 and a negative directional index (-D) at 33.24, with an average directional index (ADX) of 24.53.
Price measures show that Dogecoin is consolidated within a falling wedge pattern. Cryptocurrency is currently dealing with its violent demand, although the Haussearted RSI Diver’s imperfection suggests potential upward movement.
Market observers note that maintaining support for $ 0.25 may prove to be crucial for Dogecoin’s short -term price measures. A breakthrough above this level may indicate a stronger buyingress.
When looking at long-term forecasts based on 1,442-day bicycle theory suggests analysts on April 14, 2025, as a potential date for Dogecoin’s Next market top. This projection adapts to historical cycle lengths observed in previous market phases.
Current price movements show Dogecoin trading by an increase of 1.1% for 24 hours, which indicates some stability after the last decline. Cryptocurrency’s daily trade volume remains stable, which indicates continued market interest.
The 24-hour price change of 2.23% shows short-term price recycling, although traders remain cautious in terms of market vollatility. Support levels about $ 0.25 continue to play a crucial role in maintaining price stability.
Technical analysis suggests that for a long -term recovery, Dogecoin must maintain current support levels while attracting further purchase interest. Cryptocurrency -price action in the coming weeks is likely to be due to a broader market dynamics and investors’ feeling.
