Recent technical analysis suggests that Dogecoin’s price structure is stronger than it appears on the surface. Crypto analyst Javon Marks has identified a hidden bullish divergence on Dogecoin’s chart, indicating a positive trend despite low momentum indicators in the altcoin market.
A Hidden Divergence Revealed
While Dogecoin has been experiencing downtrends since early 2026, its momentum oscillator has been showing lower lows during the same period. This divergence, highlighted by Javon Marks, signifies a bullish trend where price and momentum move in opposite directions.
Despite weak momentum indicators, Dogecoin has not experienced a significant breakdown. This disconnect suggests that sellers may be losing control beneath the surface. The price chart shows that Dogecoin has been maintaining higher lows above the $0.09 support zone for several weeks.
The oscillator and RSI panels below the price action indicate descending lows, creating a bearish momentum trend that has not led to a corresponding price collapse. This mismatch gives the divergence a bullish interpretation, potentially leading to a bullish rally to yearly highs.
The RSI has declined into the high 30s to low 40s range, similar to levels seen during the accumulation phase before Dogecoin’s previous major rally.
Dogecoin Price Chart. Source: @JavonTM1 On X
Potential for Growth Above $0.44
The $0.09 range is crucial for Dogecoin’s current position, as it has stabilized near this support level after a period of decline. As long as Dogecoin maintains this range and its higher-low structure, there is potential for a continuation of the positive trend.
The most optimistic scenario outlined by Marks suggests that the hidden bullish divergence could lead to a rally of over 350%, potentially pushing the Dogecoin price above $0.44.
Featured image created with Dall.E, chart from Tradingview.com
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