A new technical reading shows that Dogecoin’s price structure is not as weak as the surface-level price action might imply. In a recent post on X, crypto analystA new technical reading shows that Dogecoin’s price structure is not as weak as the surface-level price action might imply. In a recent post on X, crypto analyst

What The Current Dogecoin Momentum Means For The Meme Coin’s Price

2026/03/24 03:00
3 min read
For feedback or concerns regarding this content, please contact us at [email protected]

A new technical reading shows that Dogecoin’s price structure is not as weak as the surface-level price action might imply. In a recent post on X, crypto analyst Javon Marks pointed to a hidden bullish divergence forming on Dogecoin’s chart.  The idea comes at a time when DOGE has been creating interesting low structures since the beginning of the year and momentum indicators are at multi-year lows across the altcoin market.

A Divergence Hidden in Plain Sight

While Dogecoin’s price has been carving lows since early 2026, its momentum oscillator has been registering lower lows over the same period. This split behavior, which was noted by crypto analyst Javon Marks, where price and momentum move in opposing directions, is the definition of hidden bullish divergence. 

The chart is showing that even though momentum readings look weaker on paper, Dogecoin itself has not broken down in the same way. That disconnect can suggest that sellers are losing control beneath the surface. The 8-day candlestick price chart below shows that DOGE has been holding above a broad support zone around the $0.09 region for the past five or six weeks, maintaining a sequence of higher lows. 

Below that price action are the oscillator and RSI panels, which are both showing descending lows, marked out as a bearish-looking momentum trend that has not translated into a matching collapse in price. That mismatch is what gives the divergence its bullish interpretation, and the outlook in this case is a bullish run to yearly highs.

The RSI has declined into the high 30s to low 40s range, a region shaded in pink on the chart, which aligns with levels seen during the accumulation phase of 2023 and early 2024 before Dogecoin’s major rally

Dogecoin Price Chart. Source: @JavonTM1 On X

Room For A Move Above $0.44

The chart above also shows why the current area around $0.09 matters so much. Dogecoin has spent recent months bleeding from its late-2024 and early-2025 highs, but that descent has now slowed into a tight cluster of candles near the same support shelf at $0.09. 

The Dogecoin price is no longer falling in the same way seen during the first two months of 2026 but is now stabilizing. As long as Dogecoin continues to defend that $0.09 range and avoids losing its higher-low structure, the case for a continuation move will still be alive.

The most ambitious part of the analysis is the upside projection. According to Marks, the continuation implied by this hidden bullish divergence could send Dogecoin on a rally of more than 350%. Projecting this percentage gain would see the Dogecoin price breaking above $0.44.

Dogecoin price chart from Tradingview.com
Market Opportunity
Memecoin Logo
Memecoin Price(MEME)
$0,0005781
$0,0005781$0,0005781
+1,13%
USD
Memecoin (MEME) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
BlockchainFX or Based Eggman $GGs Presale: Which 2025 Crypto Presale Is Traders’ Top Pick?

BlockchainFX or Based Eggman $GGs Presale: Which 2025 Crypto Presale Is Traders’ Top Pick?

Traders compare Blockchain FX and Based Eggman ($GGs) as token presales compete for attention. Explore which presale crypto stands out in the 2025 crypto presale list and attracts whale capital.
Share
Blockchainreporter2025/09/18 00:30
Fed Makes First Rate Cut This Year as Jobs Data Shows Weakening Trend

Fed Makes First Rate Cut This Year as Jobs Data Shows Weakening Trend

TLDR The Fed lowers interest rates by 25 bps to 4.00%-4.25% in response to weak U.S. job growth. Powell’s upcoming speech will guide expectations on future rate cuts. Fed Governor Miran dissented, advocating for a 50 bps cut. U.S. added just 22,000 jobs in August, pointing to a softening labor market. The Federal Reserve has [...] The post Fed Makes First Rate Cut This Year as Jobs Data Shows Weakening Trend appeared first on CoinCentral.
Share
Coincentral2025/09/18 03:00