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 crypto.news@mexc.com

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)
$0.0005786
$0.0005786$0.0005786
+1.22%
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 crypto.news@mexc.com 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

Why Solana’s locked-up supply could spark explosive gains for SOL

Why Solana’s locked-up supply could spark explosive gains for SOL

SOL eyes new ATH amid strategic supply squeeze.
Share
Coinstats2025/09/19 08:00
From Early Trading Losses to Global Impact: Somesh’s Journey to Building an Int’l Trading Community

From Early Trading Losses to Global Impact: Somesh’s Journey to Building an Int’l Trading Community

When Somesh started trading at 19, he lost nearly everything in three weeks. Today, he’s one of the most-followed day traders in the world with over one million
Share
Techbullion2026/03/24 13:12
BlackRock purchases $390M in Bitcoin and Ethereum

BlackRock purchases $390M in Bitcoin and Ethereum

The post BlackRock purchases $390M in Bitcoin and Ethereum appeared on BitcoinEthereumNews.com. Key Takeaways BlackRock bought $390 million worth of Bitcoin and Ethereum, strengthening its position as a major institutional crypto holder. The firm’s crypto portfolio has rapidly expanded following the introduction of Bitcoin ETFs in 2024. BlackRock, a major American investment management corporation overseeing trillions in assets, purchased $390 million in Bitcoin and Ethereum on Friday, continuing its aggressive expansion into digital assets. The latest acquisition adds to BlackRock’s substantial crypto holdings, which have grown rapidly since the firm began offering cryptocurrency ETFs. The investment management giant now holds nearly 765,000 BTC following the approval of spot Bitcoin ETFs in early 2024. BlackRock’s growing digital asset portfolio reflects broader institutional adoption trends, with traditional finance firms increasingly allocating portions of their portfolios to crypto assets through exchange-traded funds. Since launching its cryptocurrency investment products, BlackRock has accumulated billions in value across Bitcoin and Ethereum holdings, establishing itself as one of the largest institutional holders in the space. Source: https://cryptobriefing.com/blackrock-purchases-390m-bitcoin-ethereum/
Share
BitcoinEthereumNews2025/09/20 13:21