
{"id":96376,"date":"2025-09-14T04:30:03","date_gmt":"2025-09-14T04:30:03","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=96376"},"modified":"2025-09-14T04:30:03","modified_gmt":"2025-09-14T04:30:03","slug":"the-dogecoin-bullish-reset-a-clear-roadmap-to-0-35","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=96376","title":{"rendered":"The Dogecoin Bullish Reset: A Clear Roadmap To $0.35"},"content":{"rendered":"<p>Dogecoin\u2019s price action over the past week has seen it trending upwards. This movement has seen the meme cryptocurrency <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-bullish-kumo-breakout\/\" target=\"_blank\" rel=\"noopener\">make a push towards the upper end<\/a> of a consolidation range in the daily candlestick timeframe chart.\u00a0<\/p>\n<p>A recent analysis shared on TradingView by The_Alchemist_Trader points to a possible shift in momentum, as Dogecoin is retesting its point of control with <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-eyes-historic-surge\/\" target=\"_blank\" rel=\"noopener\">a bullish reaction<\/a> that might push it to $0.35 in the short term and as high as $0.6 in the long term.\u00a0<\/p>\n<h2>Dogecoin Retesting Point Of Control<\/h2>\n<p>According<a href=\"https:\/\/www.tradingview.com\/chart\/DOGEUSDT.P\/cHolAN3D-DOGE-Retests-Point-of-Control-With-Bullish-Reaction\/\" target=\"_blank\" rel=\"noopener\"> to the analysis<\/a>, Dogecoin is currently testing its point of control, a high-volume resistance area that has defined much of its trading structure in recent months. This price action goes as far back as February with well-defined upper and lower trendlines.\u00a0<\/p>\n<p>Interestingly, price action volume in the past 48 hours shows that buyers are stepping in aggressively at the mid-level of this range, which is around $0.25. This is very important, and a daily close above the point of control with strong volume would translate from range-bound movement to a defined upward rally.<\/p>\n<p>This bullish reaction comes after Dogecoin bounced at $0.2 last week, a move that<a href=\"https:\/\/bitcoinist.com\/dogecoin-accumulation-phase\/\" target=\"_blank\" rel=\"noopener\"> created a solid foundation <\/a>for another leg upward. Now, according to the analyst, the next thing is for Dogecoin to make a close basis above its point of control resistance.\u00a0<\/p>\n<h2>Roadmap To $0.35 Through Fibonacci Levels<\/h2>\n<p>Fibonacci extension levels have served as reliable indicators of profit-taking and continuation levels for Dogecoin in the current cycles. As such, many analysts are<a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-above-10-this-cycle\/\" target=\"_blank\" rel=\"noopener\"> fond of pointing to price targets<\/a> at notable Fib levels.\u00a0<\/p>\n<p>In this case, the analyst noted that a successful breakout above the point of control at $0.25 opens the path toward the 0.618 Fibonacci retracement level. This level, which is positioned around $0.35, stands out as the primary upside target in the current setup.\u00a0<\/p>\n<p>The chart below shows a projected rally pattern for this breakout with a clear roadmap drawn to the 0.618 Fibonacci extension level. This also includes extensions to the $0.36 price level at the 0.66 Fib extension and the $0.4 price level at the 0.786 Fib extension if the momentum continues.<\/p>\n\n<p>A move toward $0.35 would represent not just a technical price target but also a strong confirmation that Dogecoin has reestablished bullish dominance above its consolidation range since February. From here, Dogecoin could start holding up above $0.3 again.\u00a0<\/p>\n<p>Dogecoin\u2019s short-term movement is <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-0-50-channel-break-could-the-catalyst\/\" target=\"_blank\" rel=\"noopener\">now tilted to the upside<\/a>, provided the price continues to close above the point of control with strong participation from buyers. <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-eyes-historic-surge\/\" target=\"_blank\" rel=\"noopener\">Volume is the most important thing here,<\/a> as a breakout without sufficient backing could result in a false move and cause Dogecoin to return to range trading.<\/p>\n<p>At the time of writing, Dogecoin is about to break above the upper trendline of its multi-month range. Dogecoin is currently trading at $0.2874, up by 12.6% and 33% in the past 24 hours and seven days, respectively.<\/p>\n<p><em>Featured image from Pixabay, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Dogecoin\u2019s price action over the past week has seen it trending upwards. This movement has seen the meme cryptocurrency make a push towards the upper end of a consolidation range in the daily candlestick timeframe chart.\u00a0 A recent analysis shared on TradingView by The_Alchemist_Trader points to a possible shift in momentum, as Dogecoin is retesting [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":96377,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-96376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/96376"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96376"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/96376\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/96377"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}