Dogecoin Trading Strategy: As the forecast wave (IV) is over, we are looking for opportunities to join the uptrend by looking for throwbacks in wave II and IV sub-wave of (V). But the price must not reverse past 0.04963, which is the beginning of wave 1.

Dogecoin Technical Indicators: Bullish Divergent signal on both MACD and MACD Histogram

TradingLounge analyst: Kittiampon Somboonsod

Dogecoin (DOGE/USD)

Elliott Wave Analysis TradingLounge 4H Chart, 2 August 2022.

Mode: Motive.

Structure: Impulse

Position: Wave 2

Direction Next higher Degrees:

Details: may be rising again in Wave 3.

Wave Cancel invalid Level: 0.04963.

Dogecoin Trading Strategy: The price structure has begun to form an uptrend, with wave ((1)) over and wave ((2)) moving sideways with a double corrective pattern. May have to wait for the Break Corrective Channel to be confirmed. but price must not reverse past 0.04963, which is the beginning of wave 1.

Dogecoin Technical Indicators: Hidden Bullish Divergent signal, wait for a reversal at the 0 line of the MACD to confirm.

Author

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

XRP holds $1.40 amid ETF inflows and stable derivatives market

Ripple trades under pressure, with immediate support at $1.40 holding at the time of writing on Tuesday. A recovery attempt from last week’s sell-off to $1.12 stalled at $1.54 on Friday, leading to limited price action between the current support and the resistance.

Crypto Today: Crypto market holds $2.4 trillion as bearish sentiment persists around Bitcoin, Ethereum, XRP

The Crypto King, Bitcoin, is constrained below $70,000, with the price holding around $69,000. Altcoins, including Ethereum and Ripple, exhibit technical weakness but are holding above key support levels at $2,000 and $1.40, respectively.

Aster tests resistance as whale activity, perpetuals volume surge

Aster (ASTER) edges higher by over 7% at press time on Thursday, crossing above its 200-period Exponential Moving Average (EMA) on the 4-hour chart while testing a long-term resistance trendline on the daily.

Bitcoin slips below $69,000 as crypto market shows cautious stabilization

Bitcoin price is nearing the lower consolidation boundary, trading below $69,000 at the time of writing on Tuesday. A breakdown below this key level would suggest a correction toward $60,000. However, institutional and corporate demand support a short-term stabilization in BTC.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: The worst may be behind us

Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.

Dogecoin (DOGE/USD) Elliott Wave technical analysis