Dogecoin’s Next Big Leap: Is $0.50 Just Around the Corner?

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TL;DR

  • Dogecoin flashes a TD Sequential “9” near $0.238, signaling a potential end to the selling frenzy. 🛑
  • It’s hugging an ascending trendline and Fibonacci support near $0.26-$0.50 could be in sight. 🤑
  • The RSI is climbing out of oversold, so momentum may be turning in DOGE‘s favor. 💪

TD Sequential Indicator: Is Dogecoin Ready for Liftoff?

So, Dogecoin (DOGE) has been through the ringer, falling to a low of $0.238, but now it’s chilling around $0.24. The TD Sequential indicator, known for spotting potential trend reversals, just flashed a red “9” candle at that low, which is often a sign that the selling may have exhausted itself. Traders love this because it often precedes a bounce. Here’s what Analyst Ali Martinez had to say about it:

Dogecoin $DOGE ready to bounce as the TD flashes buy signal!

– Ali (@ali_charts) September 22, 2025

Previous flashes of the “9” on this chart were followed by short-term price rebounds, so let’s see if this one plays out the same way. 📈

Looking at the 12-hour chart, DOGE is still hanging out around $0.24, resting comfortably on an ascending trendline that’s been holding since June. Oh, and this level also happens to align with the 0.786 Fibonacci retracement level at $0.26-basically a cozy little support zone. 🛋️

Ali also dropped this nugget of wisdom:

“This is a great zone to buy Dogecoin $DOGE before a bullish breakout to $0.50!”

Ali’s prediction? Dogecoin might do a little sideways dance between $0.26 and $0.30 before it takes a swing at breaking past $0.31. If that happens, brace yourselves for potential jumps to $0.38, $0.42, and, you guessed it-$0.50. 🚀

Dogecoin Chart

RSI Says “Let’s Get Up and Move!”

Over on the RSI (Relative Strength Index), Dogecoin has officially left the oversold zone and is showing signs of life again. This is like when your phone’s battery is at 1% but suddenly jumps back to 30% after a quick charge. Trader Tardigrade noted the shift:

$Doge/4-hour#Dogecoin has moved out of the Oversold Zone on the RSI

– Trader Tardigrade (@TATrader_Alan) September 23, 2025

Back in August, a similar move in the RSI was followed by a nice little rally, so could we be looking at a repeat performance? With DOGE hovering around $0.245, there’s hope that the price could climb back up toward the $0.30-0.32 range if buyers keep piling in. ⬆️

Dogecoin ETFs and Institutional FOMO

Oh, and did you hear about the 21Shares Dogecoin ETF (TDOG)? It’s now listed on the Depository Trust & Clearing Corporation (DTCC), giving institutional investors an easy way to dabble in DOGE without actually buying the tokens. It’s like getting the benefits of Dogecoin without having to deal with the hassle of owning any. Fancy, right? 🏦

As of now, Dogecoin is priced around $0.24 with a 24-hour trading volume of $3.55 billion. It’s up 1% in the last 24 hours but still down 9% for the week. Some say retail traders are chilling in neutral territory, while institutional flows are taking the lead. 🚶‍♂️

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2025-09-23 14:15