DOGECOIN - DOGE/USD - 1H - Technical analysis published on 01/24/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 0.358370 USD
My targets
0.344557 USD (-1.69%)
0.335294 USD (-4.33%)
My analysis
The bearish basic trend is very strong on DOGECOIN - DOGE/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.358370 USD. Crossing the first support at 0.344557 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.335294 USD as an objective. Crossing it would then enable sellers to target 0.311496 USD. Caution, a return to above the resistance located at 0.358370 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DOGECOIN - DOGE/USD rating 0.350480 USD. The price is lower by -0.47% since the last closing with the lowest point at 0.342883 USD and the highest point at 0.364627 USD. The deviation from the price is +2.22% for the low point and -3.88% for the high point.0.342883
0.364627
0.350480
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this DOGECOIN - DOGE/USD chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.311496 | 0.335294 | 0.344557 | 0.350480 | 0.358370 | 0.386230 | 0.394695 |
| Change (%) | -11.12% | -4.33% | -1.69% | - | +2.25% | +10.20% | +12.62% |
| Change | -0.038984 | -0.015186 | -0.005923 | - | +0.007890 | +0.035750 | +0.044215 |
| Level | Major | Intermediate | Minor | - | Intermediate | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.318341 | 0.329995 | 0.341058 | 0.352712 | 0.363775 | 0.375429 | 0.386492 |
| Camarilla | 0.345874 | 0.347956 | 0.350039 | 0.352121 | 0.354203 | 0.356286 | 0.358368 |
| Woodie | 0.318046 | 0.329847 | 0.340763 | 0.352564 | 0.363480 | 0.375281 | 0.386197 |
| Fibonacci | 0.329995 | 0.338673 | 0.344034 | 0.352712 | 0.361390 | 0.366751 | 0.375429 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.200671 | 0.255295 | 0.325638 | 0.380262 | 0.450605 | 0.505229 | 0.575572 |
| Camarilla | 0.361615 | 0.373070 | 0.384526 | 0.395981 | 0.407436 | 0.418892 | 0.430347 |
| Woodie | 0.208531 | 0.259225 | 0.333498 | 0.384192 | 0.458465 | 0.509159 | 0.583432 |
| Fibonacci | 0.255295 | 0.303032 | 0.332525 | 0.380262 | 0.427999 | 0.457492 | 0.505229 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001008 | 0.131492 | 0.223429 | 0.353913 | 0.445850 | 0.576334 | 0.668271 |
| Camarilla | 0.254201 | 0.274590 | 0.294978 | 0.315367 | 0.335756 | 0.356144 | 0.376533 |
| Woodie | -0.018265 | 0.121855 | 0.204157 | 0.344276 | 0.426578 | 0.566697 | 0.648999 |
| Fibonacci | 0.131492 | 0.216457 | 0.268948 | 0.353913 | 0.438878 | 0.491369 | 0.576334 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 42.72 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | -7.229812 | |
| AROON (14): | -85.714286 | |
| DEMA (21): | 0.357071 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.363457 | |
| Elder Ray (13): | -0.004194 | |
| Super Trend (3,10): | 0.346163 | |
| Zig ZAG (10): | 0.351881 | |
| VORTEX (21): | 1.0566 | |
| Stochastique (14,3,5): | 7.65 | |
| TEMA (21): | 0.356947 | |
| Williams %R (14): | -91.43 | |
| Chande Momentum Oscillator (20): | -0.011680 | |
| Repulse (5,40,3): | -1.3009 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0584 | |
| Courbe Coppock: | 0.38 |
| MA7: | 0.363872 | |
| MA20: | 0.360492 | |
| MA50: | 0.363032 | |
| MA100: | 0.322091 | |
| MAexp7: | 0.355240 | |
| MAexp20: | 0.356416 | |
| MAexp50: | 0.356784 | |
| MAexp100: | 0.360225 | |
| Price / MA7: | -3.68% | |
| Price / MA20: | -2.78% | |
| Price / MA50: | -3.46% | |
| Price / MA100: | +8.81% | |
| Price / MAexp7: | -1.34% | |
| Price / MAexp20: | -1.67% | |
| Price / MAexp50: | -1.77% | |
| Price / MAexp100: | -2.71% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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