Dogecoin Outlook — 4 Fundamental Factors Supporting a Bullis
koinmilyoner
Updated at: 3 hours ago
{"content":"Dogecoin Outlook — 4 Fundamental Factors Supporting a Bullish Case
The Dogecoin weekly chart shows a cluster of technically optimistic indications, according to crypto analyst Cantonese Cat's Oct. 27 four-panel weekly read. Price is approaching $0.208 on Binance spot, and the setup he identifies relies on four independent checks: the cycle-high anchored VWAP, Ichimoku “Katana” support, a 0.5 log-scale Fibonacci hold, and minimal sell-side volume during the recent fall.
Reclaiming cycle high AVWAP as support. So far, supporting Ichimoku Tenkan + Kijun fusion (blue and red lines fused), or Katana. Current support is 0.5 log fib from cycle high–cycle low. Several exchanges, like Coinbase and Binance, have seen little activity throughout this drop, but we can quickly reverse any decline with volume.
The anchored VWAP chart's teal line from Dogecoin's cycle high traces the market's volume-weighted cost basis since 2021. After a failed breakdown earlier this month, DOGE is hammering that band from above/at parity to turn it into support.
Recent weekly wicks below the band produced a sudden surge into the low-$0.09s, but were quickly retraced, with candles gathering around ~$0.21. This rejection of reduced pricing at the anchored VWAP suggests that existing distribution cannot continue.
The Ichimoku frame supports this. Analysts call the weekly confluence of Tenkan-sen and Kijun-sen at ~$0.2009 a “Katana” setup, which is presently supporting price. The cloud (Senkou span) stays red and above, spanning $0.24s to ~$0.29, indicating a near-term supply zone that must be cleared weekly to confirm trend resumption.
The current structure pivots on that 50% line: a confirmed weekly close and acceptance below would push bears toward the 0.382 at $0.13847, while continued defense points the market at successive retracement ceilings overhead—0.618 at $0.26261, 0.707 at $0.33430, 0.786 at $0.41416, and 0.886 at $0.54318—before the full retrace to the cycle high at $0.73995.
#DOGE #WriteToEarnUpgrade #CPIWatch #MarketRebound #BNBmemeszn $DOGE $BTC $ETH ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/27/b53cf5b9f6ef4a218f76ddf840a43155.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}