Analyst Says Dogecoin Price Is Entering Expansion Phase, Here’s What It Means

Analyst Says Dogecoin Price Is Entering Expansion Phase, Here’s What It Means

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According to the Crypto Cas Abbé analyst, the current Dogecoin movement indicates that it is entering a new expansion phase after a long period of accumulation. This development comes yet The most famous of the relatively silent feelings With strong prices, which now seems to be the basis for strong penetration. It is worth noting that the technical analysis of the various plans that follow the Dogecoin retail rate, CVDD levels, Alpha pricing, and the network stress index provides a context of this technical view, which may witness an increase in new prices.

Signs of the expansion stage in Dogecoin

Moving to the social media platform x, CAS abbé Explain some reasons Why is the price of Dogecoin is about to enter the expansion phase. the First, this is Dogecoin It has been circulated within the scope of a wide accumulation in the past few months. This rule has been at the price level of $ 0.20 since the beginning of August.

It is always known that this type of base building for a long time is always known to precede sharp upward movements, as it reflects the gradual accumulation of strong demand. Moreover, the analyst noted that the current penetration attempts are supported High trading volumeIt was explained by Bassem Institutional accumulation. This is contrary to the previous Dogecoin Bull courses, which were often dependent on retail noise.

Technical momentum indicators such as the RSI Index (RSI) Currently in average term modeThis means that Dogecoin still has a lot of climbing space before it reaches the excessive conditions in the peak.

Another factor is a doscoin mining average chart. As shown in the image below, the retail rate has risen dramatically since the beginning of 2025, which indicates that the strength of the network climbs steadily even during the unification of prices and declines.

Expansion historical patterns

One of the main ABBé points is that DOGECOIN price courses have constantly followed a similar pattern of long side extensions followed by sudden vertical expansions. This cycle structure can be seen in the cumulative value plan that has been destroyed (CVDD). As shown in the graph below, Dogecoin prices remained well in the accumulation areas before separation in 2018 and then in 2021.

However, unlike the peaks in 2018 and 2021, when the temperature of the scales was high on the chain, the current conditions are calm, which appear More real accumulation Instead of achieving profit and distribution.

The expansion phase does not revolve around short -term mutations, but rather is the beginning of a new directional trend that can redefine the DOGECOIN price structure. Although the analyst did not specify a targeted target, technical analyzes of other analysts indicate price predictions that will take a much higher Dogoin price than $ 2021 of $ 0.7316 to one dollar threshold and outside. A Similar analysis before Javon Marks refers to the $ 1.25 DOGECOIN price.

At the time of this report, Dogecoin is traded at $ 0.237, an increase of 9.5 % over the past 24 hours.

Distinctive image from Unsplash, tradingvief chart

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