Dogecoin trades on the monthly chart with a strong bullish setup. According to analyst Trader Tardigrade, the price shows repeated historical breakouts from similar consolidation patterns. In 2017 and 2021, Dogecoin surged after breakout signals.
Each move followed a compression of momentum on the RSI. A similar RSI pattern is now forming. The RSI wedge is tightening and signals another breakout soon. Dogecoin sits above long-term support near $0.058. That zone has held strong since 2022.
The price recently bounced from that support and formed higher lows. The breakout trigger lies just above $0.18. A close above this level could confirm the start of a parabolic move. The vertical dotted lines mark each breakout moment. Each one followed a long consolidation phase. RSI confirms each breakout with strong upside movement. The trend has currently resembled previous cycles.
The chart indicates a possibility of Dogecoin repeating history. Since late 2022, Price has formed a solid foundation. Monthly candles are still bullish and demonstrate higher closes. The volume is gradually climbing with renewed interest. With the sustained momentum, Dogecoin could enter a new macro rally.
Traders should, however, monitor the resistance at $0.18. A refusal there may hold up the onward journey. Dogecoin still has a bullish structure on the monthly chart as of press time. The tendencies and signals indicate that a significant shift can be expected shortly.
Ozak AI Is Gaining Momentum Amid the Downtrend
A new token is attracting attention as Dogecoin continues to turn bullish. Ozak AI is already attracting investors that are seeking utility beyond memes. The project combines artificial intelligence and blockchain to offer real-time data analysis and prediction.
Ozak AI is currently in presale stage 4 and tokens are available at an extremely low price of $0.005, which is up 400% from the phase 1 price of $0.001. The next stage will see a price surge to $0.01 with a target of $1. The team behind the project has already raised over $1.23 million by selling 6 million $OZ tokens. This initial traction indicates an increasing belief in its long term potential.
Experts say that the $OZ token will hit $1 before the end of 2025, which will give more than a 200x return for those who bought the token at the current price.
Ozak AI possesses a clear roadmap and solid technology, unlike other memecoins. The platform will actually provide value to assist users in making sound financial choices. With the meme coin frenzy dying down, a large number of traders are moving towards more utility-focused coins.
Conclusion
The technical indicator of Dogecoin at the present time displays potential bullish signs. Meanwhile, Ozak AI is becoming more popular with investors requiring innovation and practical applications. Dogecoin is on a bullish trend, but cutting-edge crypto investors are already turning their attention to projects such as Ozak AI.
For more information about Ozak AI, visit the links below:
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
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