Dogecoin (DOGE) surged to a two-week high of $0.094 on Saturday evening, a rare weekend move that also saw BNB rise. The meme coin gained 12% from its Friday low, though it has since slipped to $0.09 as of press time. The rally came after technical signals, including the TD Sequential, had flashed for DOGE. Analyst CW noted DOGE reached its first major sell wall, while Alex Marzell said the coin “did exactly what it needed to” by rebounding from Friday’s lows to reclaim key resistance. Max Crypto suggested that DOGE’s breakouts have been the best indicator for the start of an altseason.
Dogecoin (DOGE) joined BNB in a rare Saturday move north, soaring to $0.094 and hitting a two-week high. The rally was unexpected given the typically calm nature of weekends.
Technical signals, including the TD Sequential, had flashed for DOGE earlier, as noted by analysts. However, the asset was initially rejected at $0.088 and slipped back to $0.084 after a strong U.S. jobs report weighed on risk-on assets.
On Saturday evening, DOGE exploded, gaining 12% from its low to the two-week high. Analyst CW stated that the meme coin has reached the first major sell wall on its path forward, which is “too solid to be broken now.” If it falls, the next such wall sits at $0.14.
Fellow analyst Alex Marzell observed that DOGE “did exactly what it needed to,” rebounding from Friday’s lows to reclaim a key resistance. Marzell added: “Friday’s jobs print dumped it back to the $0.083 base, six flat 4H candles held it, and today one 4H candle ripped $0.0876 to $0.0952 straight back through $0.088.” He further said that holding $0.088 could lead to $0.095 next.
Max Crypto also weighed in on DOGE’s impressive move and suggested that its breakouts have been the “best indicator” for the start of an Altseason.
