Dogecoin Remains In The Green As This Historic Indicator Still Points To Gains

Dogecoin remains in bullish territory, with key technical indicators indicating further upside ￰0￱ recent market fluctuations, the meme coin holds above crucial Ichimoku levels, suggesting that history may once again favor the bulls as momentum builds for another leg ￰1￱ Holds Firm Above Kumo and Kijun-Sen Trader Tardigrade, in his latest Dogecoin Ichimoku Daily Analysis posted on X, presented a highly bullish ￰2￱ to his findings, the price of DOGE remains positioned above both the Kumo (Cloud) and the Kijun-sen (Base Line). This particular alignment is a key indicator in Ichimoku analysis, and with no bearish signals present, the asset’s overall status stays ￰3￱ Reading: Dogecoin Bullish Echo: 1-2 Formation Returns As Price Breaks Key Channel The analyst further highlighted that all five previously opened long trades are still delivering solid ￰4￱ trades continue to ride the bullish wave, reflecting the strength of the ongoing trend.

However, Trader Tardigrade notes that any future bearish signals would act as a clear trigger for exiting these ￰5￱ a technical perspective, the update outlines two critical support levels to ￰6￱ primary support is identified at $0.24770, which corresponds with the Kijun-sen. A secondary but equally important support zone is found within the Kumo itself, ranging from $0.21517 to $0.22214. These levels are essential, as they represent key areas where buying interest is expected to step in and prevent a further price ￰7￱ The Trend Analysis Means In the analysis, Trader Tardigrade emphasized that Dogecoin’s technical setup is firmly bullish according to Ichimoku ￰8￱ Kumo, or Cloud, currently displays a green coloration, reflecting a positive bias and indicating an environment where buyers are maintaining the upper ￰9￱ Reading: Expert Crypto Trader Says Dogecoin Price Looks ‘Very Good’, Here’s Why In the short-term outlook, DOGE is trading above the Kijun-sen, a key benchmark that often separates bullish from bearish ￰10￱ alignment points to an uptrend in the near-term, suggesting that positive momentum remains despite recent pullbacks.

Short-term traders may continue to benefit from this positioning as long as the price respects this ￰11￱ at the mid-term structure, the price is positioned above the Kumo, reinforcing the bullish case on broader ￰12￱ a price is holding above the Cloud, it generally indicates that the market is in a confirmed bullish state. Finally, the long-term signal comes from the Chikou Span (Lagging Line), which currently sits above the price ￰13￱ suggests that historical momentum is still favoring buyers, completing the alignment across all Ichimoku ￰14￱ an overall score of +4, Trader Tardigrade concluded that Dogecoin’s price is firmly in a strong upward trend, with no bearish signals visible at this ￰15￱ image from Getty Images, chart from ￰16￱