Dogecoin Surges 26% In 3 Days: What Is Going On?
Dogecoin’s (CRYPTO: DOGE) explosive 26% three-day rally is drawing renewed attention from traders, with technical signals and whale movements hinting at the beginning of a much larger bullish run.
What Happened: Prominent analyst Kevin on Thursday shared technical analysis in his exclusive Patreon group, flagging a potential inverse head-and-shoulders pattern forming on the one to three-day DOGE chart, anchored at a key support level.
He noted the 3-day MACD is showing early bullish momentum, though it hasn’t yet crossed the zero line, a classic signal that the move is in its infancy.
Further confirmation may come from the 2-week Stochastic RSI, which is oversold and poised for a bullish cross above 20 cents, historically a powerful crypto buy signal.
Kevin emphasized that while …