Recent price action shows recovery signs
In the last 100 minutes of commerce, Dege has demonstrated a remarkable recovery pattern, rising from a local $ 0.156 fund to stabilize around $ 0.158.
The price action shows an apparent V-shaped recovery with significant volume peaks (16-21 million) during the background process around 14: 50-14: 52, indicating a strong interest of the buyer in the support levels.
The $ 0.158- $ 0.159 area has emerged as immediate potential resistance, with multiple tests that show a decreasing sales pressure. This recovery is aligned with the Fibonacci recoil level of 38.2% of the recent decrease, which suggests a continuous potential towards the 50% setback to $ 0.160 if the current impulse persists.
Dogecoin technical indicators
- Price range: Doge quoted between $ 0.179– $ 0.156, which represents a 12.7%swing.
- Volatility: Annualized volatility of 48 hours reached 86.3%, significantly above market standards.
- Support/Resistance: Disglose of $ 0.165 Support level with a new critical support zone at $ 0.158– $ 0.160.
- Fibonacci levels: Potential stabilization at the 61.8% setback ($ 0.162).
- Volume analysis: high volume sales pressure followed by significant volume peaks (16–21 million) during recovery.
- Recovery pattern: V -form recovery from $ 0.156 to $ 0.158 with a decreasing sale pressure in resistance.
- Recook levels: The current price action is aligned with a 38.2% fibonacci setback with the possible movement towards a 50% level to $ 0.160.
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External references:
- Sensationalist Times, “Dogecoin (Doge) following significant rally? 7 critical levels to see”, consulted on April 3, 2025
- Bitzo, “Market weakness: Doge, Shibs will recover in April?” Retrieved on April 3, 2025
- Sensationalist Times, “Dogecoin (Doge) at a critical turning point as the key levels dictate their next movement”, consulted on April 3, 2025
- Coinpedia, “will Dogecoin (Doge) crash or shoot?”
- FINBOLD, “Anxiety adjustment to Dogecoin holders as an important feeling turns to the territory of the bears”, accessed April 3, 2025
