Dogecoin trades near $0.15 after a sharp weekly decline of 12% as the broader market falls again. The token lost its grip on the crucial $0.20 support, extending its downward trajectory into late November. Traders now watch if DOGE will hold above $0.15 or drop deeper.
Dogecoin continues to move lower as the crypto market posts another pullback. The market fell 1.95% in the past day. It also dropped 12% over the past seven days.
Major cryptocurrencies recorded steep declines during this period. Bitcoin moved lower. Ethereum also dropped further. Solana, Cardano, and XRP followed the same path as selling pressure broadened.
This collective downturn added weight to Dogecoin’s price performance. The token already struggled to recover momentum after losing the $0.20 support region. Each drop set a new lower level as the market drifted further into red territory.
The broader declines shaped Dogecoin’s position. Market-wide weakness continued pressing its price toward the $0.15 area. Traders monitored the chart closely as DOGE approached this threshold.
Dogecoin now forms another RSI bullish divergence on the daily chart. The pattern mirrors earlier structures that appeared at major lows in previous cycles. Price moves downward while RSI prints a higher low.
The first divergence appeared in August. Price created lower lows as RSI turned upward near the bottom line. This created a confirmed divergence.
A second divergence occurred in March. Price dipped again. RSI built another rising low at the same moment. The structure repeated.
The third formation appears on the current chart. Prices continue falling. Yet RSI rises once more. This recurring pattern raises one central question: will this signal precede another market reversal?
Each divergence aligns with a marked “end of downtrend” area on the chart. The pattern held strong during August’s reversal. It appeared again after March's decline. Price completed its downward move and then shifted upward afterward.
The latest move mirrors the earlier structure. Price moves deeper into a new low. RSI rises from a higher low below mid-range levels. The repeating tag “end of downtrend” marks similar historical positions.
These aligned patterns suggest repeated turning points during the token’s market cycle. Each time the price fell sharply, RSI formed a rising low. The visual confirmation appears again today as DOGE approaches December.
Traders note that each past divergence occurred before a directional shift. Prices pushed lower each time. RSI climbed higher each time. The chart now displays the same coordinated movement.
Dogecoin trades near another low on the chart. A downward arrow marks the falling price action. The RSI panel below reflects a contrasting upward move.
The indicator forms another rising low. A green arrow marks the divergence clearly. This visual matches the earlier two formations on the same chart.
These structures appear across the timeline. Each one aligns with prior cycle lows. Dogecoin now presents the same setup as its price remains under pressure.
The recurring divergence signals appear while price extends its decline. RSI continues to build upward structure. The alignment matches three major historical turning zones displayed across the chart.
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Dogecoin continues to slide toward the $0.15 area as the broader market weakens and repeated RSI bullish divergence forms again on the daily chart. The pattern mirrors earlier cycle lows, and traders now monitor whether this signal will precede another shift. Stay alert to market structure and rising indicator strength.