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The weekly RSI has entered oversold territory for the fourth time, and each time it has been below the Dogecoin Price Prediction trend.
While a higher reading near 40 usually corresponds to a long-term trend, the actual sales around 30 simply continued the strong movement of the meme.
History suggests that this could be the beginning of the growth of the movement, a possibility described by an anonymous expert named Cryptolica. “ A change of life” for those who take on higher positions.
Market values are also similar. In different places on the Platform
Rather than the continued downward trend of DOGE against BTC from 2021 indicating structural weakness, it may indicate pressure on the strength. And he explains Cryptolica’s website is an open loop, not an “end.”
As Dogecoin enters the final phase of the multi-year squeeze against Bitcoin, the weekly RSI in the oversold sector may indicate a strong pressure, which has led to a significant shift of capital from Bitcoin to altcoins.
Momentum indicators indicate potential changes. The Relative Strength Index (RSI) is making highs when it reaches oversold levels, as the uptrend is building downwards.
With the MACD approaching a potential golden crossover, the momentum will soon turn into a stable one that creates an apparent push.
The resistance level that formed the local peaks in the entire trend at $0.28 represents a major breakout point. If this level turns into support, it will give the price a strong and stable base for a bigger rally.
Filly sees a trend that is pushing to 520% of the new price run, targeting $0.80, and the temporary resistance of the sentiment around the all-time high at $0.48.
Maxi Dodge: Dodge can pave the way for bigger
As the capital shifts from Bitcoin to altcoins, its rise back to one thing: Doge.
This model is well established. Dogecoin started the trend, then Shiba Inu inspired in 2021, followed by Floki, Punk, Dojoyfat, and Nero. Each cycle of the cow produces a cow coin backed by Dogecoin.
In this section, attention is focused Maxi Dodge ($MAXI) . The project leverages the original power of Dogecoin through groups that focus on exchanging returns, trading information, and engaging in competition.
Participation is important. The Maxi Ripped and Maxi Pump Weekend competition rewards top finishers with leaderboard recognition, incentives, and bragging rights.
The hype is already starting to show in the numbers. It has collected a penny sale $ MAXI is about $ 4.5 million, where the first supporters receive money Annual savings of up to 69% with savings rewards.
For traders who missed out on the previous dog-initiated rally, Maxi Doge might give you another chance to get in early before the meme hits the scene again.
Visit the official Maxi Doge website here
A note Dogecoin Price Prediction: Oversold Signal Flashes For Only Fourth Time – The Last Event Was Crazy appeared for the first time Cryptonews Arabic.
