• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Dogecoin Flashed A Rare Bullish Signal — This Analyst Is Buying

July 31, 2025
in Bitcoin
Reading Time: 4min read
0 0
A A
0
Dogecoin Must Hold This Support Or Risk Crashing To $0.015
0
SHARES
19
VIEWS
ShareShareShareShareShare

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

A closely watched chartist on X, Cantonese Cat (@cantonmeow), says he added to his Dogecoin exposure after a key Ichimoku signal appeared on the weekly chart. Posting at 2:46 p.m. on July 30, 2025, he shared a TradingView snapshot and wrote: “DOGE weekly — Ichimoku cloud — Bullish Tenkan–Kijun cross — Finding support at the Tenkan (blue line).” He followed with a straightforward disclosure: “I bought a little bit more $DOGE here.”

This Dogecoin Ichimoku Signal Can’t Be Ignored

The chart he published was captured at 12:46 UTC on July 30 and showed Dogecoin (weekly timeframe) trading near $0.216 after a week-to-date decline of 10.23%. TradingView’s readout on the image lists weekly O/H/L/C at 0.24076 / 0.24854 / 0.21440 / 0.21613, alongside Ichimoku values Tenkan-sen 0.21517, Kijun-sen 0.21142, Senkou Span A 0.21329, and Senkou Span B 0.28247.

Dogecoin price analysis
Dogecoin price analysis | Source: X @cantonmeow

The thrust of the analyst’s call rests on classic Ichimoku mechanics. The Tenkan-sen (conversion line) has crossed above the Kijun-sen (base line) on the weekly chart—an event technicians describe as a bullish Tenkan–Kijun cross. In the posted image, spot price sits marginally above the Tenkan and Kijun, consistent with his comment that price is “finding support at the Tenkan.”

Related Reading

In Ichimoku methodology, the Tenkan often acts as a fast-moving gauge of momentum and, when rising above the slower Kijun, can mark the start of a momentum-led trend attempt. On higher timeframes such as the weekly, participants typically treat those inflections as more consequential than on intraday charts.

That said, the same screenshot shows DOGE trading beneath the weekly cloud (Kumo) projected ahead, with Senkou Span B up near the $0.28 area. In textbook terms, signals that occur below the cloud are generally categorized as weaker than signals that occur above it, even when the Tenkan–Kijun cross is bullish. The image also captures the context of the move: after a forceful green candle in mid-July, two red weekly candles followed, leaving price clustered around the Tenkan/Kijun zone.

Related Reading

Pressed for a status check a day later, the analyst reiterated that the technical picture had not broken down: “DOGE holding weekly Ichimoku Tenkan and Kijun support so far,” he wrote on July 31. That comment underscores how Ichimoku practitioners often judge trend health by whether price can close above the Kijun on the chosen timeframe and continue to respect the Tenkan on pullbacks.

For now, the story is a straightforward one: a bullish Tenkan–Kijun cross on the weekly chart, with price attempting to base at those lines while the cloud overhead still looms as longer-term resistance. As ever with Ichimoku analysis, the coming weekly close relative to the Tenkan and Kijun will be the focal reference for traders tracking whether this early signal can mature into a broader uptrend.

At press time, DOGE traded at $0.22.

Dogecoin price
DOGE holds above the 200-day EMA, 1-day chart | Source: DOGEUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Credit: Source link

ShareTweetSendPinShare
Previous Post

XTZ Price Struggles at $0.83 Despite Strong Bullish Trend Classification

Next Post

Analyst Says XRP Price Is Now In Wave 4 — What To Expect

Next Post
Analyst Says XRP Price Is Now In Wave 4 — What To Expect

Analyst Says XRP Price Is Now In Wave 4 — What To Expect

You might also like

Ethereum Price Prediction: ETH Memecoins Heating Up, Wojak 300% After 100,000% Asteroid Run

Ethereum Price Prediction: ETH Memecoins Heating Up, Wojak 300% After 100,000% Asteroid Run

April 20, 2026
Solana Price Just Broke a Months-Long Descending Trendline: Are $120 Targets Finally Back on the Table?

Solana Price Just Broke a Months-Long Descending Trendline: Are $120 Targets Finally Back on the Table?

April 24, 2026
Analyst Who Called Bitcoin’s Top Correctly Now Predicting The Bottom

Analyst Who Called Bitcoin’s Top Correctly Now Predicting The Bottom

April 26, 2026
AAVE Price Prediction: Testing $240 Breakout with $280 Medium-Term Target Despite Bearish Momentum

AAVE Price Prediction: $114 Breakout Imminent as Whales Load Heavy Bags

April 26, 2026
Bitcoin Price Eyes Fresh Upside, Traders Watch For Breakout Move

Bitcoin Price Eyes Fresh Upside, Traders Watch For Breakout Move

April 21, 2026
This Surge Above $78,000 Should Not Be Trusted

This Surge Above $78,000 Should Not Be Trusted

April 20, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

XRP Price Approaches Resistance, Setting Up a Make-or-Break Moment

XRP Price Eyes $1.45 Break Again, Can Bulls Force Upside Move?

April 27, 2026
Bitcoin Price Advances Toward $80K, Upside Break Now In Focus

Bitcoin Price Advances Toward $80K, Upside Break Now In Focus

April 27, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.