2025 has been full of a number of ups and downs for the meme coin market, with the launch of a political token by america President being the height second thus far. Giant-cap meme tokens, together with Dogecoin and Shiba Inu, noticed their liquidity shrink after TRUMP took over the market the previous week.
In accordance with knowledge from CoinGecko, the Dogecoin value has fallen by greater than 15% within the final week. Nonetheless, the meme coin’s fortune seems to be witnessing a large turnaround, with the DOGE value anticipated to get well properly over the following few days.
Is A Rebound Imminent for DOGE Worth?
Standard crypto analyst Ali Martinez took to the social media platform X to sound a purchase alarm for Dogecoin within the brief time period. Because it seems, the meme coin’s value is ready to rebound after succumbing to intense bearish strain up to now week.
This bullish evaluation revolves across the Tom Demark “TD” Sequential purchase sign for the Dogecoin value within the one-hour timeframe. The Tom Demark Sequential is a technical evaluation indicator used to pinpoint the precise time of development exhaustion and value reversal for a specific cryptocurrency.
The TD Sequential indicator normally consists of two phases: the TD Setup (the momentum section) and the TD Countdown (the development exhaustion section). The TD Setup section happens after a value reversal and contains a 9-candle rely (of the identical polarity). The TD Countdown section, alternatively, contains 13 candles and solely happens after the Setup section has been established.
In a bearish development, the purpose of reversal comes when the TD Sequential plots the quantity ‘9’ on the underside of a candle (I.e., when 9 consecutive candles closed decrease than the candles of 4 durations earlier). As highlighted by Martinez, the TD Sequential indicator recognized a possible bullish reversal for the Dogecoin value.
Supply: Ali_charts/X
With a rebound probably on the horizon, the meme coin can be seeking to reclaim $0.4 as shortly as potential, having misplaced the psychological stage up to now week As of this writing, the value of DOGE stands round $0.349, reflecting a 0.7% enhance up to now 24 hours.
Dogecoin In The Lengthy Time period?
Whereas the Dogecoin value is perhaps set for extra features within the brief time period, new market knowledge signifies that the expansion of the meme coin is perhaps unsustainable over time. Martinez instructed this chance in a separate submit on X, saying that there is perhaps no altcoin season this cycle.
Supply: Ali_charts/X
This forecast relies on the exponential enhance within the variety of altcoins, resulting in a saturation of the market. In accordance with Martinez, a present panorama of 36.4 million altcoins — in comparison with 3,000 cash in 2017-2018 — signifies a large shift out there.
It’s price mentioning that the meme coin frenzy on the Solana community over the previous yr has had a big impact on this determine. The huge fee at which new meme tokens are being created on completely different Solana-based protocols, most notably Pump.enjoyable, can’t be overstated.
The value of DOGE on the each day timeframe | Supply: DOGEUSDT chart on TradingView
Featured picture from iStock, chart from TradingView
