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TD Sequential buy signal suggests a potential Dogecoin rebound near $0.22-$0.23.
Annual 5 billion coin inflation poses a challenge to sustained price growth.
Whale accumulation and 50 EMA support fuel bullish sentiment.
The cryptocurrency community is currently abuzz with speculation surrounding Dogecoin ($DOGE), sparked by a recent analysis shared by @ali_charts on X.
The post highlights a TD Sequential buy signal appearing on the 4-hour chart, hinting at a possible price rebound. This technical indicator, developed by Tom DeMark, is designed to identify potential reversals following a sequence of nine consecutive price closes. The chart in question displays green arrows, suggesting bullish momentum in the vicinity of the $0.22-$0.23 price range. Supporting this optimism, recent data indicates a significant 48.5% price increase over the past month.
Dogecoin $DOGE could be preparing to rebound as the TD Sequential presents a buy signal on the 4-hour chart! pic.twitter.com/AAScXIXThZ— Ali (@ali_charts) July 29, 2025
The analysis gains further support from observed whale accumulation and the possibility of a bounce from the 50 EMA (Exponential Moving Average), which is considered a key support level. However, questions remain regarding the long-term sustainability of any potential rally.
Dogecoin's unique inflationary model, characterized by the addition of 5 billion new coins annually, stands in stark contrast to Bitcoin's scarcity-driven approach. This continuous inflation, as pointed out by @Spahija_23, could potentially limit long-term price appreciation. This concern is amplified by a recent 11.91% weekly decline. It's important to remember that technical signals like the TD Sequential, as highlighted by a 2019 study, can be unreliable if not supported by broader market conditions or sentiment.
Despite these potential headwinds, enthusiasm persists within the crypto community. Posts from users such as @LunaReads93 and @Baarut_ suggest that bullish divergence and ongoing whale activity could act as catalysts, with some speculating about a move towards $0.5 if the current momentum continues.
Conversely, some skeptics, like @Primometa, predict a price rejection and a subsequent return to the $0.19 range, reflecting the inherent volatility associated with meme coins. As the market closely monitors the situation, the price action on July 30, 2025, will be crucial. While the TD Sequential signal provides a spark of hope, investors should carefully consider the inflationary pressures and historical data before making any investment decisions. The future of Dogecoin may well depend on whether this technical setup translates into tangible gains or simply fades away as another fleeting speculative event.
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