Dogecoin

bullish

2024

<ul>
 <li>Positive technical signals like RSI divergence and TD Sequential buy indicators suggest Dogecoin may be poised for a strong rebound.</li>
 <li>Elon Musk’s support and potential DOGE integration into payment services could further boost its market performance.</li>
</ul>
Dogecoin (DOGE) recently experienced a dip in its <a href="https://www.crypto-news-flash.com/dogecoin-price-plummets-to-0-12-bears-face-92m-sell-wall-0-10-support-at-risk/" rel="noopener noreferrer nofollow">price</a> following a turbulent August in the crypto market. Following a recent CNF <a href="https://www.crypto-news-flash.com/dogecoin-sees-32-spike-in-key-metric-is-a-doge-price-surge-ahead/" rel="noopener noreferrer nofollow">update</a> on Dogecoin seeing a 32% spike in a key metric, discussions arose about a potential DOGE price surge ahead. Crypto analyst Ali Martinez offers some hope, suggesting that DOGE might be gearing up for a significant rebound.
Martinez highlighted a positive divergence in Dogecoin’s Relative Strength Index (RSI) and noted that the TD Sequential indicator is signaling a potential price upsurge. Currently trading at $0.09745, DOGE could see a strong comeback in September if these indicators hold true.
According to today’s CoinMarketCap data, Dogecoin (DOGE) is trading at $0.09943, with a 2.21% increase in the past day and a decline of 4.75% in the past week.

<div class="cryptoboxes" id="mcw-630826" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="dogecoin" data-symbol="DOGE" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
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According to a recent tweet by Ali Martinez, a technical and on-chain analyst, Dogecoin is showing a bullish divergence against the RSI on the 4-hour chart, with the TD indicator flashing a buy signal. These positive signs suggest a potential price rebound for $DOGE on the horizon.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Dogecoin</a> is showing a bullish divergence against the RSI on the 4-hour chart, with the TD indicator flashing a buy signal. These positive signs suggest a potential price rebound for <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOGE</a> on the horizon. <a href="https://t.co/kxlQQK7ses" rel="noopener noreferrer nofollow">pic.twitter.com/kxlQQK7ses</a>
 — Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1830550708715712606?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 2, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Additionally, DOGE remains a top 10 cryptocurrency with a market cap of $15.6 billion. Tesla and SpaceX CEO Elon Musk, a known <a href="https://www.crypto-news-flash.com/dogecoin-doge-and-rollblock-see-surge-in-whale-transactions-indicating-potential-price-explosion-shiba-inu-shib-struggles-ahead/" rel="noopener noreferrer nofollow">DOGE supporter</a>, could also influence its price. A recent lawsuit accusing Musk of manipulating DOGE’s price was dismissed, allowing him to continue promoting the coin, which may include integrating it into X’s upcoming payment service.

Dogecoin (DOGE) Gears Up for a Breathtaking Rebound After Key Correction: Analyst Predicts

Crypto News Flash

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