The post Can Bullish Divergence Propel DOGE Above $0.20 Resistance? appeared on BitcoinEthereumNews.com.

Dogecoin (DOGE) is struggling to regain traction. It has been down more than 5% over the past seven days and has traded below $0.25 since the end of February. Despite brief signs of momentum, technical indicators still reflect a bearish bias, with key resistance levels capping upside attempts. The Ichimoku Cloud remains red, EMA lines are still bearish, and price action continues to hover below critical trend-confirmation zones. However, a sharp shift in BBTrend and improving momentum metrics suggest traders are watching closely for a potential breakout attempt. Dogecoin Faces Resistance as Bearish Ichimoku Structure Persists Dogecoin’s current Ichimoku Cloud chart shows a clear bearish structure, with price action remaining below the Kumo (cloud), which is shaded red in the near term. The blue Tenkan-sen (conversion line) is positioned below the red Kijun-sen (base line), reinforcing a short-term bearish outlook. Additionally, the price candles are struggling to break above the Tenkan-sen, which is acting as dynamic resistance and preventing upward momentum from building. This typically signals weak buying pressure in the current market phase. DOGE Ichimoku Cloud. Source: TradingView. Looking forward, the Kumo cloud ahead is transitioning from red to green, indicating a potential shift in sentiment if price manages to approach and penetrate the cloud. However, the cloud itself is relatively thick, which suggests a strong resistance zone that will require significant bullish momentum to overcome. Until price enters or breaks above the cloud, the prevailing bias remains bearish. The Kumo’s current flat base could also act as a magnet, drawing price toward it, but sustained upside will depend on whether Dogecoin can flip the cloud into support. DOGE Sees Sharp Reversal as BBTrend Turns Positive Dogecoin’s BBTrend indicator has flipped strongly bullish, rising to 2 from -3.14 just a day ago. The BBTrend (Bollinger Band Trend) is a…

---

Filed under: News - @ June 14, 2025 6:28 pm