Categories: Technical analysis

Dogecoin Wave Analysis – 8 December 2025

Dogecoin: ⬆️ Buy

– Dogecoin reversed from support zone

– Likely to rise to resistance level 0.1600

Dogecoin cryptocurrency recently reversed up from the strong support zone between the multi-month support level 0.1365 (which has been reversing the price from March) and the lower daily Bollinger Band.

The upward reversal from this support zone continues the active minor impulse wave 3 which started from the same support area at the end of November.

Given the strength of the support level 0.1365 and the bullish divergence on the daily Stochastic indicator, Dogecoin currency pair can be expected to rise to the next resistance level 0.1600.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: Dogecoin

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