Dogecoin Is No Longer Bearish: Why Analysts Are Predicting A Better Future

bitcoinistPubblicato 2026-03-19Pubblicato ultima volta 2026-03-19

Introduzione

Dogecoin's bearish trend has ended, with analysts predicting a bullish future. This shift follows Bitcoin surpassing $70,000, propelling DOGE into an uptrend after a prolonged accumulation phase. Analyst Master Ananda highlights the largest green candle in over a month, rising volumes, and strong oscillators as key indicators. Another analyst, Crypto Surf, notes a clean bounce from the 0.786 Fibonacci level and a break above the $0.08 confluence. The RSI downtrend has been broken, with the next critical resistance at $0.10. A clean break and close above this level could trigger further bullish momentum, though patience is advised.

With the recent turn in the tide led by Bitcoin crossing $70,000, the Dogecoin price has begun to see some upside. This has been propelled forward by the fact that the meme coin seems to have been stuck in a prolonged accumulation trend, now culminating in an uptrend. As the Dogecoin price continues to chase more rallies, a crypto analyst has called an end to the bearishness that has plagued the digital asset, suggesting that it is time for a change.

Dogecoin Is Turning Bullish

Crypto analyst Master Ananda published a callout for Dogecoin that suggests that the price may be getting into another bullish trend. In the post made on the TradingView website, the crypto analyst explains that Dogecoin is actually no longer bearish. This comes after the meme coin completed its largest green candle in more than one month, erasing the bearishness that has dominated over the last year.

Explaining why Dogecoin is no longer bearish, the crypto analyst points out that rising volumes, as well as the increase in prices, are culminating in the start of another bullish phase. DOGE, on its part, has seen a bullish breakout with momentum during this time.

Other factors that the crypto analyst calls out are the green candle and rising volume, followed by strong oscillators and marketwise action, which are pushing the bearish trend. Not only Dogecoin, though, the analyst predicts that the world will begin to lean toward the crypto market, and this is expected to trigger a bullish breakout.

Breaking Above $0.1 Holds The Key

Another crypto analyst, Crypto Surf, called out a possible continuation of the Dogecoin uptrend, using technical indicators for this. The first of these is the fact that the Dogecoin price had made a clean bounce off the 0.786 Fibonacci level, as well as breaking the long-term confluence at $0.08.

This move has effectively broken the RSI downtrend, putting it on a path for further recoveries. For now, the next major level lies at $0.1, and this is where the decision could be made for the meme coin. If it breaks above cleaning and completes a close above this level, then the crypto analyst believes this could be a trigger, and that patience is the key.

DOGE price moves down with bearish sentiment | Source: DOGEUSDT on Tradingview.com

Domande pertinenti

QWhat recent event has contributed to Dogecoin's price upside according to the article?

ABitcoin crossing $70,000 has led to a turn in the tide, contributing to Dogecoin's recent price upside.

QWhich crypto analyst declared that Dogecoin is no longer bearish and on what platform?

ACrypto analyst Master Ananda declared that Dogecoin is no longer bearish in a post on the TradingView website.

QWhat are the key technical factors the analyst points to for Dogecoin's shift in trend?

AThe analyst points to rising volumes, an increase in prices, the largest green candle in over a month, strong oscillators, and marketwise action as key factors.

QWhat is the next major price level for Dogecoin that could trigger a further breakout?

AThe next major price level is $0.1. A clean break and close above this level could trigger a further bullish breakout.

QWhat specific Fibonacci level did the Dogecoin price bounce off from, according to analyst Crypto Surf?

AAccording to analyst Crypto Surf, the Dogecoin price made a clean bounce off the 0.786 Fibonacci level.

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