Dogecoin (DOGE) – Bullish Signals
Dogecoin (DOGE) is currently trading near $0.15, with minor losses in the past day and a 3% decline over the week. Despite this short‑term downturn, several technical indicators point to a potential reversal. The TD Sequential tool has issued a buy signal for DOGE, often a precursor to trend reversals following correction phases. A Dragonfly Doji pattern has emerged on the weekly chart near support levels, hinting that buyers may be defending lower prices. DOGE also shows a bullish MACD crossover and appears to be entering the Wyckoff Spring phase, which some analysts believe could lead to a multi‑year ascent toward $5 by 2026.
A falling wedge pattern on the weekly chart indicates that if DOGE surpasses the $0.169 resistance level, the next target could be at $0.23. Market sentiment for DOGE is improving, with both crowd and model indicators turning bullish, and on‑chain data showing increased activity among smaller holders.
Cardano (ADA) – Bullish Signals
Cardano (ADA) is demonstrating signs of renewed momentum. Currently priced around $0.45, ADA has gained over 1% in the last 24 hours and approximately 4% over the past week. The SuperTrend indicator recently signaled a buy for ADA, and the TD Sequential tool has also flashed a buy signal. The MACD has completed a bullish crossover, with the histogram turning positive, and the Relative Strength Index (RSI) has risen from 32.55 to 45.08, indicating recovery but still below the neutral 50 mark.
Market sentiment for ADA is likewise bullish, with analysts observing that ADA has broken above sell‑side liquidity and is now trading in an upper imbalance zone. If buyers maintain control above this zone, a push toward higher supply areas could be imminent.
Key Takeaway
While technical indicators suggest potential reversals for DOGE and ADA, investors should conduct thorough research and consider overall market conditions before making any investment decisions.
