Will Dogecoin (DOGE) Surge Past $0.23804? Check out the Latest Analysis!

Jakarta, Pintu News – Dogecoin (DOGE) recently showed bullish signals by successfully breaking through Kumo, an indicator in the Ichimoku system that is often used to analyze the price of crypto assets. This rise triggered a long trading signal that caught the attention of investors and analysts.

However, the question that arises is whether Dogecoin (DOGE) can surpass the critical resistance at $0.23804 and maintain its upward momentum. Further analysis by Trader Tardigrade, a crypto analyst, suggests that Kumo is now serving as a strong support zone.

Technical Analysis: Kumo as Price Support

Tardigrade traders revealed that Kumo, previously a resistance, has now turned into an important support for Dogecoin (DOGE). This new support zone ranges from $0.21517 to $0.22661, which is expected to hold the price during a possible pullback.

This marks a crucial turning point in Dogecoin (DOGE) price dynamics, which could be the basis for further potential price gains. Kumo itself shows a green color signaling a bullish bias, which is an important indicator in the Ichimoku system.

The green color on the Kumo shows that the faster-moving Senkou Span A is above the slower Senkou Span B, indicating upward momentum in the medium to long term.

Also Read: Dogecoin vs Shiba Inu: Who Will Win Meme Coin in 2025? Latest Data Answers!

Trend Analysis: Mixed Picture

Despite the positive signal from the Kumo color, analysis by Tardigrade Traders also shows conflicting signals. The medium-term trend looks bullish with the price staying above the Kumo. However, the short-term trend is currently bearish as the price is trading below the Kijun-sen.

In the long term, the trend is also negative, which is indicated by the position of the Chikou Span below the current price. The Chikou Span, or lagging span, compares the current price to the price 26 periods ago. When it is below the current price, it shows that the current momentum is weaker compared to the momentum a month ago, indicating a potential long-term downtrend.

With an overall score of zero after adding the conflicting signals, the analysis concludes that Dogecoin (DOGE) is currently in a state of consolidation, with no clear directional bias at the moment.

Upside Potential: Can Dogecoin (DOGE) Reach $4?

Although there is some uncertainty in the short- and long-term trends, the potential for significant gains still exists. Market analysts have stated that if certain conditions are met, Dogecoin (DOGE) could see a huge rise, possibly even reaching $4.

These conditions include increased adoption, positive market sentiment, and external factors that favor crypto in general. However, investors should remain wary of market volatility and external factors that could affect prices. The current consolidation may provide an opportunity for investors to assess their positions before making further investment decisions.

Cover: Dogecoin (DOGE) Future in Analysis

With all factors considered, the future of Dogecoin (DOGE) looks full of possibilities. While there are some uncertainties, the opportunity for significant gains is still wide open. Investors and market watchers will continue to monitor indicators such as Ichimoku to gain further insight into the possible future direction of the Dogecoin (DOGE) price.

Also Read: 2 Crypto Analysts Predict Cheds to Reach ATH, One of Them Can Reach $9,000!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Dogecoin Bullish Kumo Breakout. Accessed on September 9, 2025