Dogecoin (DOGE) Enters Weak Downtrend? Key Ichimoku Signal Flashes

TL;DR Dogecoin forms a bearish signal on the Ichimoku chart while consolidating inside a symmetrical ￰0￱ ROC remains flat, suggesting DOGE’s next major bull cycle has not started yet. $0.23 remains a key breakout level; analysts see potential for short-term upside if ￰1￱ Chart Shows Weak Bearish Signal Dogecoin (DOGE) is currently trading in a consolidation zone with mixed signals across different ￰2￱ short-term indicators suggest downward pressure, longer-term analysis shows that the current cycle’s major upward move has not ￰3￱ press time, DOGE was trading at $0.21, down 3% over the past 24 hours and 6% for the ￰4￱ to Trader Tardigrade, the daily Ichimoku chart has shown a weak bearish Tenkan-sen/Kijun-sen cross above the Kumo cloud as of August ￰5￱ price remains within the Kumo, suggesting continued ￰6￱ is located at $0.21517, with resistance at $0.22194 and $0.22444, based on the top of the Kumo and the Kijun-sen line. #Dogecoin Ichimoku Daily Analysis for Trading (as of 31 Aug close) New Signal: – Tenkan-sen/Kijun-sen Cross: Weak bearish cross above Kumo (cloud) on 31/8 Comment: $DOGE remains within the Kumo, indicating consolidation.

A weak bearish Tenkan-sen/Kijun-sen Cross signals a short… ￰7￱ — Trader Tardigrade (@TATrader_Alan) September 1, 2025 Meanwhile, the trend score remains neutral ￰8￱ green Kumo indicates a longer-term bullish bias, but the short-term trend shows a downtrend, and the mid-term is ￰9￱ the importance of how the price behaves around the current cloud structure, Tardigrade said, “A weak bearish Tenkan-sen/Kijun-sen Cross signals a short setup.” Monthly Chart Shows Bull Run Has Yet to Start On the monthly chart, the Rate of Change (ROC) indicator is ￰10￱ to Trader Tardigrade, this suggests that the macro-level bull cycle has not ￰11￱ rallies in 2017 and 2021 were preceded by sharp ROC ￰12￱ such move is present at this time.

Remarkably, the chart marks a projected future zone where momentum could return. “The #Dogecoin Rate of Change (ROC) indicator on the monthly chart reveals that the bull run for this cycle hasn’t started yet,” said ￰13￱ Pattern Signals Breakout Watch Near $0.23 Analyst Ali Martinez reports that DOGE is forming a symmetrical triangle on the 4-hour ￰14￱ price has been consolidating since late July. A break above $0.23 could trigger a short-term rally, with projected resistance levels at $0.2431, $0.2596, $0.2823, and $0.3140.) Enters Weak Downtrend? Key Ichimoku Signal Flashes appeared first on CryptoPotato .