doublebottom

Let’s discover how the #Doge price is climbing amid crypto market momentum, Bitcoin surge, and pro-crypto SEC leadership changes.
The #Dogecoin price is increasing today as the whole crypto market is experiencing a rally after a period of consolidation. This ongoing surge can’t be attributed to a single catalyst. A reason for this can be the long accumulation phase that the crypto market was experiencing. This could have been a rise in prices. Additionally, there were some signs of this $DOGE price rally as well, as whales had begun accumulating #DOGE . After such developments, today, #DOGE has reached a double-digit increase in value. However, the threat of another bearish reversal because of another one of Donald Trump’s unexpected economic moves remains.
Is the #DOGE Price Breakout Sustainable or Temporary?
Although DOGE price had hit a low of $0.1275 this month, now it is starting to rise. As of the writing of this article, this coin is now trading near the $0.18 point. Just today alone, #Dogecoin‬⁩ price has recorded a 12.63% surge. Additionally, based on the technical signals, this token can even see another 45% increase in value. This means that the DOGE token price is set to reach a new peak of $0.2285.

Chart 1, Published on TradingView, April 23, 2025
Based on Chart 1, we can see that a falling wedge pattern has been forming since November. The wedge’s highest point is situated on the peak, which was seen on December 8. Additionally, the lowest point of the wedge was placed on a low in November. As of now, the #DOGE price has already broken out of the upper trend line of this wedge. Additionally, the upper and lower trendlines are now closing in on the convergence point. This signals that the breakout will likely continue and that the price surge has strength. Moreover, the Dogecoin price action has also created a #DoubleBottom at the $0.1445 level.
Will Dogecoin Follow Bitcoin to New Highs?
Another bullish indicator for this token is the current standing RSI at 50 points, which signals an increase in volume. As such, with the bullish volume increasing, investors show confidence in the future of the token. The Stochastic Oscillator has also gone into the overbought range, signaling the continuation of the DOGE rally. One other possible bullish variable is the ongoing surge of Bitcoin. Cryptocurrency usually follows the lead of Bitcoin in price increases or decreases. As such, with the current $BTC price of $94K, we can see a $100K soon, which will push the whole market higher.
Is Dogecoin About to Soar With a Pro-Crypto SEC Chair?
Additionally, other than technical bullish signals, there are also some fundamental bullish signs, like the recent change in SEC leadership. Paul Atkins has now officially become the new Securities and Exchange Commission Chair. This pro-crypto figure is expected to completely change the SEC’s approach related to various crypto matters. One such matter is the pending approval of DOGE ETFs, which could be revolutionary for this token. As of now, Grayscale and Rex-Osprey, two big players in the financial world, have requested approval for a spot DOGE ETF. If approved, we can see the institutional investments in DOGE skyrocket, as well as the increase in the Dogecoin price.
Are DOGE Whales Signaling a Price Surge Continuation?
The DOGE whales have also been continuing their accumulation, which means they believe the price will be rising even higher. The market data shows that the number of investors who are holding between 100 million and 1 billion tokens is increasing. However, the Donald Trump tariffs still pose a grave danger for the world and the US economy. Most of these tariffs are currently on pause, and the tariffs on Chinese products reached a new high recently.

#MarketPullback Shopping time
#DoubleBottom buy now or regret latter
tp1 +400% in May 2025
tp2 +800% in August 2025
SHIBA INU is loading for a double bottom breakout in coming week, grabbing liquidity before the pump.

🚨 ALGO Double Bottom Alert! 🚨
On the 1D chart, ALGO is forming a classic Double Bottom pattern and is now right at the neckline! 🔥
If this breaks to the upside, we could be looking at a 🚀. Don’t miss out—this could be the breakout we’ve been waiting for! 📊
Keep a close eye on the neckline level and stay ready for action! 👀💥
#ALGO #Crypto #Breakout #DoubleBottom #Trading

Overview
XDC has broken through the neckline of a double-bottom pattern on the weekly timeframe, a powerful bullish reversal signal.
Key Highlights:
Strength in Corrections: Despite market turbulence, XDC has shown notable resilience, breaking out of the accumulation phase.Target Price: This breakout could pave the way for a move toward $0.40, supported by strong momentum.Why It Matters: XDC’s positioning as a blockchain for enterprise use cases is gaining traction, adding fundamental support to this technical breakout.
Precautionary Note:
Monitor for a retest of the neckline. If the price fails to hold this level, the breakout could lose momentum.

#XDC #DoubleBottom #BinanceTrends #CryptoBullish #BinanceAlphaAlert

$BTC
$ETH

$BTC

Hey Binance Square Family!

Let’s take a fresh look at Bitcoin (BTC/USDT) on the daily timeframe, where we might be witnessing the early signs of a classic double bottom pattern—a bullish setup that could signal a powerful upside move.

---

🔁 What’s a Double Bottom?

A double bottom is a bullish reversal pattern that forms after a decline, where price tests a support level twice, creating a "W"-shaped formation. If confirmed, it often signals a strong upward move toward a key resistance or target zone.

---

📍 BTC’s Key Levels to Watch

Support Zone: Around $85K – This is the potential “bottom” being retested.

Neckline Resistance: Approx. $92K–$93K – A break above this confirms the pattern.

Upside Target: $97K – Based on pattern projection and previous resistance.

Bitcoin is showing signs of strength after retesting the $85K zone. If buyers step in and break through the neckline zone around $92K–$93K, this pattern could send BTC soaring toward $97,000.

---

🔍 Indicators to Confirm the Setup

Volume Spike on Breakout: A breakout with rising volume would validate the pattern.

RSI Above 50: Suggests momentum shifting in favor of bulls.

MACD Bullish Cross: Reinforces trend reversal potential.

---

⚠️ What to Watch For

Rejection at the Neckline? A failure to break $93K could delay or invalidate the pattern.

Bearish Pressure at $85K? A breakdown below support would negate the bullish scenario.

---

📈 Final Thoughts

If Bitcoin successfully forms and confirms this double bottom pattern, $97K could be the next major target. Stay alert for breakout confirmation and trade with discipline!

#BTC #BTCUSDT #Bitcoin #DoubleBottom #BinanceSquare #CryptoTrading #TechnicalAnalysis