Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin breaks $ 109k ATH to enter the price discovery again

2025-05-21

Top reasons why Bitcoin price today, May 21, came in new ATH

2025-05-21

Circle Looking for at least $ 5,000,000,000 for Coinbase Acquisition, possibly Nixing IPO plans: Report

2025-05-21
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Kalp Network Partners with Luffa to stimulate Web3 Privacy and RWA access

    2025-05-21

    Smarter athlete data via PSG Labs and Joint Innovation Studio

    2025-05-21

    Sahara AI launches Siwa Testnet to authorize decentralized AI builders

    2025-05-21

    WalletConnect’s Smart Sessions ‘Redefine’ Wallet UX for Future or AI agents: Founder

    2025-05-21

    Adventure Layer is launched as First Gaming L2 on Berachain

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bitcoin breaks $ 109k ATH to enter the price discovery again

    2025-05-21

    XRP – Price coil for an outbreak – is the next leg on hands?

    2025-05-21

    Bitcoin Whale places 40x leverage of $ 830 million long position on hyperliquid

    2025-05-21

    JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

    2025-05-21

    Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

    2025-05-21
  • Learn

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Dogecoin flashes sell signal after 30% rally
Altcoins

Dogecoin flashes sell signal after 30% rally

2024-10-20No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

This article is available in Spanish.

In a remarkable turn of events, meme coin Dogecoin is now signaling a sell for future corrections after rallying 30% in seven days.

The Dogecoin price has done just that has experienced an unprecedented rally in October, surprising many investors who were on the sidelines. However, according to an analysis by crypto analyst Ali Martinez, the meme coin could experience a price correction in the short term before an IPO. continuation of the upward trend.

Related reading

His insights are based on the signal from the TD Sequential indicator, a technical tool known for identifying market exhaustion points.

Dogecoin may have been overbought

In one recent post on XMartinez highlighted the TD Sequential setup on the Dogecoin/TetherUS daily candlestick chart. This analysis shows that Dogecoin is currently experiencing its ninth consecutive bullish close on the daily candlestick, which corresponds to the ninth count of the TD Sequential indicator. While this continued rise in the Dogecoin price is impressive, it also indicates that the meme coin may be reaching a pivotal moment where a price recovery could take place.

In addition to the warning, this sell signal coincides with a newly established overbought condition for Dogecoin. The Relative Strength Index (RSI) has shown that the recent buying momentum has pushed Dogecoin deep into overbought territory.

At the time of writing, the RSI 14 close is at an elevated 75.80, having recently peaked at 78.36, its highest level since March. This overbought situation indicates that the buying frenzy may be unsustainable, increasing the likelihood of a rapid pullback.

See also  Global liquidity that suggests that crypto rally still has a way to go, according to Real Vision Analyst
DOGE’s market capitalization currently stands at $21 billion. Graphic: Trading view

Is it time to sell DOGE?

Martinez’s observations serve as a crucial reminder of Dogecoin’s volatility heading into the new week. At the time of his analysis, Dogecoin was trading at $0.14575. However, at the time of writing, Dogecoin has fallen to $0.1424, which translates to a drop of 2.3% in a few hours. Despite this, the meme coin has still posted a 29% gain over the past seven days.

Nevertheless, it is crucial to remain patient with Dogecoin’s prospects, especially as the RSI now points to an overbought condition. On the other hand, Dogecoin is not the only cryptocurrency that is in an overbought situation as the entire market is now in a greed situation, according to the Fear and Greed Index.

If the 24-hour correction for DOGE were to continue through the rest of the weekend, it could culminate in a break below $0.14 and a return to $0.13 in the near term.

Related reading

The public’s attention and discussion around Dogecoin remain in place highest level since March. This suggests that any corrections may be temporary, and there is a good chance that the uptrend will resume as the new week progresses. According to a crypto analyst Dogecoin is on track for a price rally with a return of more than 400%.

Featured image from Medium, chart from TradingView

Source link

Dogecoin Flashes rally Sell Signal
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Top reasons why Bitcoin price today, May 21, came in new ATH

2025-05-21

Fartcoin has increased by 10.62% for the past 24 hours

2025-05-21

Was the founder of Cardano $ 619 million? Hopkinson makes shocking revelation

2025-05-21

SEC counts Unicoin – $ 100 million exposed to alleged fraud!

2025-05-21
Add A Comment

Comments are closed.

Top Posts

US banking giant owes customers millions of dollars after years of failing to protect and compensate fraud victims: New York attorney general

2024-02-03

SUI mainnet launches, trades for less than $2

2023-05-03

LayerZero goes live on Astar Substrate

2023-11-25
Editors Picks

Metaplanet Eyes 10,000 BTC this year

2025-01-06

Crypto Analyst Says Bitcoin (BTC) ‘Combat Crucial Levels’ and Dives Deep into the Altcoin Cycle

2023-10-19

SEC chairman issues another warning as decision on spot Bitcoin ETF approaches

2024-01-09

Bitcoin: What Social sentiment says about the next step of BTC

2025-01-31
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin breaks $ 109k ATH to enter the price discovery again

Top reasons why Bitcoin price today, May 21, came in new ATH

Circle Looking for at least $ 5,000,000,000 for Coinbase Acquisition, possibly Nixing IPO plans: Report

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$106,684.240.88%
  • ethereumEthereum(ETH)$2,466.960.16%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.361.52%
  • binancecoinBNB(BNB)$669.063.62%
  • solanaSolana(SOL)$167.811.40%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2264523.14%
  • cardanoCardano(ADA)$0.753.17%
  • tronTRON(TRX)$0.266161-2.91%
  • suiSui(SUI)$3.870.78%
  • chainlinkChainlink(LINK)$15.692.35%
  • avalanche-2Avalanche(AVAX)$22.593.18%
  • hyperliquidHyperliquid(HYPE)$27.527.28%
  • stellarStellar(XLM)$0.2879032.03%
  • shiba-inuShiba Inu(SHIB)$0.0000152.13%
  • hedera-hashgraphHedera(HBAR)$0.1946851.71%
  • unus-sed-leoUNUS SED LEO(LEO)$8.840.80%
  • bitcoin-cashBitcoin Cash(BCH)$399.663.47%
  • the-open-networkToncoin(TON)$3.050.35%
  • polkadotPolkadot(DOT)$4.692.87%
  • litecoinLitecoin(LTC)$95.161.78%
  • moneroMonero(XMR)$382.8910.38%
  • bitget-tokenBitget Token(BGB)$5.180.64%
  • piPi(PI)$0.8212.17%
  • pepePepe(PEPE)$0.0000132.00%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.04%
  • uniswapUniswap(UNI)$6.055.61%
  • bittensorBittensor(TAO)$429.625.12%
  • aaveAave(AAVE)$244.46-4.58%
  • nearNEAR Protocol(NEAR)$2.793.54%
  • aptosAptos(APT)$5.173.03%
  • okbOKB(OKB)$52.010.10%
  • ondo-financeOndo(ONDO)$0.952.87%
  • kaspaKaspa(KAS)$0.1108783.46%
  • ethereum-classicEthereum Classic(ETC)$18.583.20%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.995.45%
  • internet-computerInternet Computer(ICP)$5.232.73%
  • gatechain-tokenGateToken(GT)$21.661.75%
  • crypto-com-chainCronos(CRO)$0.0962911.37%
  • mantleMantle(MNT)$0.74-0.17%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2355173.27%
  • vechainVeChain(VET)$0.0282742.89%
  • render-tokenRender(RENDER)$4.672.99%
  • ethenaEthena(ENA)$0.3877427.16%
  • usd1World Liberty Financial USD(USD1)$1.000.07%
  • algorandAlgorand(ALGO)$0.2254133.54%
  • arbitrumArbitrum(ARB)$0.3982374.13%
  • filecoinFilecoin(FIL)$2.873.33%
  • bitcoinBitcoin(BTC)$106,684.240.88%
  • ethereumEthereum(ETH)$2,466.960.16%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.361.52%
  • binancecoinBNB(BNB)$669.063.62%
  • solanaSolana(SOL)$167.811.40%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2264523.14%
  • cardanoCardano(ADA)$0.753.17%
  • tronTRON(TRX)$0.266161-2.91%
  • suiSui(SUI)$3.870.78%
  • chainlinkChainlink(LINK)$15.692.35%
  • avalanche-2Avalanche(AVAX)$22.593.18%
  • hyperliquidHyperliquid(HYPE)$27.527.28%
  • stellarStellar(XLM)$0.2879032.03%
  • shiba-inuShiba Inu(SHIB)$0.0000152.13%
  • hedera-hashgraphHedera(HBAR)$0.1946851.71%
  • unus-sed-leoUNUS SED LEO(LEO)$8.840.80%
  • bitcoin-cashBitcoin Cash(BCH)$399.663.47%
  • the-open-networkToncoin(TON)$3.050.35%
  • polkadotPolkadot(DOT)$4.692.87%
  • litecoinLitecoin(LTC)$95.161.78%
  • moneroMonero(XMR)$382.8910.38%
  • bitget-tokenBitget Token(BGB)$5.180.64%
  • piPi(PI)$0.8212.17%
  • pepePepe(PEPE)$0.0000132.00%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.04%
  • uniswapUniswap(UNI)$6.055.61%
  • bittensorBittensor(TAO)$429.625.12%
  • aaveAave(AAVE)$244.46-4.58%
  • nearNEAR Protocol(NEAR)$2.793.54%
  • aptosAptos(APT)$5.173.03%
  • okbOKB(OKB)$52.010.10%
  • ondo-financeOndo(ONDO)$0.952.87%
  • kaspaKaspa(KAS)$0.1108783.46%
  • ethereum-classicEthereum Classic(ETC)$18.583.20%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.995.45%
  • internet-computerInternet Computer(ICP)$5.232.73%
  • gatechain-tokenGateToken(GT)$21.661.75%
  • crypto-com-chainCronos(CRO)$0.0962911.37%
  • mantleMantle(MNT)$0.74-0.17%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2355173.27%
  • vechainVeChain(VET)$0.0282742.89%
  • render-tokenRender(RENDER)$4.672.99%
  • ethenaEthena(ENA)$0.3877427.16%
  • usd1World Liberty Financial USD(USD1)$1.000.07%
  • algorandAlgorand(ALGO)$0.2254133.54%
  • arbitrumArbitrum(ARB)$0.3982374.13%
  • filecoinFilecoin(FIL)$2.873.33%