{"id":28201,"date":"2025-05-23T00:46:31","date_gmt":"2025-05-23T00:46:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28201"},"modified":"2025-05-23T00:46:31","modified_gmt":"2025-05-23T00:46:31","slug":"dogecoin-stoschastic-rsi-says-a-strong-surge-is-coming","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28201","title":{"rendered":"Dogecoin Stoschastic RSI Says A Strong Surge Is Coming"},"content":{"rendered":"<div>\n<p>Dogecoin is <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-bollinger-squeeze-huge-move-ahead\/\" target=\"_blank\" rel=\"noopener nofollow\">showing strong momentum<\/a> in the current weekly chart, having just broken out from months of accumulation with a <a href=\"https:\/\/www.newsbtc.com\/meme-coins\/price-down-bets-up-dogecoin-open-interest-climbs-to-1-62-billion\/\" target=\"_blank\" rel=\"noopener nofollow\">powerful upward impulse<\/a>. In the past few weeks alone, Dogecoin has surged from below $0.14 to over $0.22. Recent crypto market price action in the past 24 hours has seen the king of meme coins back above $0.24, and away from a <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-hovers-at-0-22-following-weeks-of-gains-analysts-share-mixed-outlooks\/\" target=\"_blank\" rel=\"noopener nofollow\">consolidation range between<\/a> $0.21 and $0.235 that enclosed its price action in the past week.\u00a0<\/p>\n<p>However, according to one widely followed indicator, Dogecoin\u2019s bullish move may only just be beginning.\u00a0<\/p>\n<h2>Stochastic RSI Repeats 2024 Signal Before 243% Breakout<\/h2>\n<p>Crypto analyst Trader Tardigrade has drawn attention to an interesting signal on Dogecoin\u2019s weekly Stochastic RSI. Taking to <a href=\"https:\/\/x.com\/TATrader_Alan\/status\/1925190403332231662\" target=\"_blank\" rel=\"noopener nofollow\">a post on social media platform X,<\/a> the analyst noted that the current setup mirrors the exact technical structure seen before Dogecoin\u2019s price exploded by over 243% between November and December 2024.<\/p>\n<p>The key moment before the remarkable surge was the crossover of the Stochastic RSI lines, which pointed to the beginning of a sustained uptrend. That same crossover has just occurred again, with the lines curling up aggressively and entering what the analyst Trader Tardigrade labelled a strong uptrend zone.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-483302\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/Dogecoin-chart-from-Trader-Tardigrade-3.png?w=512&amp;resize=512%2C380\" alt=\"Dogecoin\" width=\"512\" height=\"380\"><\/p>\n<p>The accompanying chart shows that in late 2024, this exact RSI formation was followed by a vertical move from roughly $0.10 to<a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-price-on-its-way-to-1\/\" target=\"_blank\" rel=\"noopener nofollow\"> $0.48 within six weeks. <\/a>The visual analysis in the chart below marks the breakout zone with a thick brown rectangle, showing the identical Stochastic RSI trigger and subsequent price rally back in 2024. This is highlighted by a low base, followed by an aggressive breakout, and confirmed by a bullish RSI momentum shift.<\/p>\n<h2>$0.75 In Sight For Dogecoin<\/h2>\n<p>When this analysis was shared, Dogecoin was trading slightly above $0.22 and was maintaining solid weekly gains <a href=\"https:\/\/www.newsbtc.com\/dogecoin-2\/dogecoin-price-tests-panic-zone-at-0-21-breakdown-could-lead-to-price-crash\/\" target=\"_blank\" rel=\"noopener nofollow\">after rebounding sharply from<\/a> $0.215 on Monday, May 20. This bounce was a key reaction at the growing support zone here based on the breakout structure that has formed from $0.14 since early April.<\/p>\n<p>If Dogecoin follows the same trajectory as it did during the final quarter of 2024, a 243% rally from the $0.22 price level would <a href=\"https:\/\/bitcoinist.com\/dogecoin-falling-wedge-breakout-3\/\" target=\"_blank\" rel=\"noopener \">set a price target close to <\/a>$0.75, effectively placing it trading within new all-time high price levels.<\/p>\n<p>Interestingly, price action in the past 12 hours has seen Dogecoin kick off early momentum above $0.22. At the time of writing, DOGE is trading at $0.2425, having increased by 7.6% in the past 24 hours. If Dogecoin repeats its late 2024 breakout, we could see its price trading at around $0.75 sometime in late June, according to Trader Tardigrade\u2019s projection. However, the first step would be to break above <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-price-resistance-0-25\/\" target=\"_blank\" rel=\"noopener nofollow\">a strong resistance zone at $0.25.<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/s86foETC\/\" alt=\"Dogecoin\" width=\"2108\" height=\"1502\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin is showing strong momentum in the current weekly chart, having just broken out from months of accumulation with a powerful upward impulse. In the past few weeks alone, Dogecoin has surged from below $0.14 to over $0.22. Recent crypto market price action in the past 24 hours has seen the king of meme coins [&hellip;]<\/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-28201","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\/28201","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=28201"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28201\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}