{"id":27328,"date":"2025-05-18T01:01:36","date_gmt":"2025-05-18T01:01:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27328"},"modified":"2025-05-18T01:01:36","modified_gmt":"2025-05-18T01:01:36","slug":"dogecoin-moves-into-demand-zone-after-10-fallout-is-a-bounce-coming","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27328","title":{"rendered":"Dogecoin Moves Into Demand Zone After 10% Fallout \u2013 Is A Bounce Coming?"},"content":{"rendered":"
\n

According to a new technical analysis by DD Trading On X (former Twitter), Dogecoin (DOGE) has just moved into a key demand zone after experiencing a steep 10% drop<\/a> from former highs. The analyst suggests that the meme coin is poised for a short-term recovery to new levels<\/a> if the daily price low holds.\u00a0<\/p>\n

Dogecoin Eyes Rebound After Entering Demand Zone<\/b><\/h2>\n

Recent price action saw Dogecoin establish range lows, trigger a liquidity sweep, and tap into a high-demand zone<\/a>, where buyers are known to step in heavily. After touching this demand zone, Dogecoin broke its short-term bearish structure<\/a>, creating a higher high. This move swept out weak hands before reversing upward.\u00a0<\/p>\n

DD Trading revealed<\/a> that the subsequent reversal in the Dogecoin price<\/a> had led to the formation of a statistically strong daily low. The cryptocurrency also broke a lower time frame structure, shifting from a downtrend to an upward trend<\/a>, suggesting short-term bullishness.\u00a0<\/p>\n

\"\"<\/p>\n

Despite this, the larger market structure remains neutral-bearish unless higher resistance breaks. Currently, the Dogecoin price is yet to breach resistance levels near $0.235-$0.24, where a significant liquidity pool, marked as \u201c$$$\u201d on the chart, is likely to attract sellers or trigger further buying pressure. This is near the $0.23 level, where Dogecoin previously got rejected.\u00a0<\/p>\n

The Statistical panels at the bottom of the chart provide insights into the likely price behavior<\/a> based on historical patterns. According to the data, there is a low probability, around 16.5%, that the current daily low will be revisited or broken again, increasing the odds of a bullish move.\u00a0<\/p>\n

<\/p>\n

Additionally, the chances of Dogecoin forming a new daily high later are high. Historical data shows that in approximately 88.6% of similar cases, a new high forms. This supports the expectation that a price bounce is imminent<\/a>.\u00a0<\/p>\n

Analyst Predicts Dogecoin Price Rebound To $0.95<\/b><\/h2>\n

Expanding further on Dogecoin\u2019s bullish outlook<\/a>, Bitcoinsensus has shared<\/a> a fresh analysis predicting that the meme coin is gearing up for an explosive rally to $0.95. According to the new chart, Dogecoin has been following a highly consistent and powerful Bull Flag pattern<\/a> on the weekly time frame.\u00a0<\/p>\n

\"\"<\/p>\n

Each Bull Flag cycle consists of a strong upward impulse followed by a downward consolidation, after which the price breaks out to new highs. The first breakout sparked a 90% rally, the second led to a 215% surge, and a massive 440% spike occurred after the third.\u00a0<\/p>\n

Now, Dogecoin appears to be completing its fourth Bull Flag pattern and has just begun to break out of its latest consolidation phase<\/a>. If the historical trend continues, Bitcoinsensus predicts a potential price target of $0.95, representing a 352% increase from its current market value of $0.21.\u00a0<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

According to a new technical analysis by DD Trading On X (former Twitter), Dogecoin (DOGE) has just moved into a key demand zone after experiencing a steep 10% drop from former highs. The analyst suggests that the meme coin is poised for a short-term recovery to new levels if the daily price low holds.\u00a0 Dogecoin […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27328","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27328"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27328\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}