Dogecoin Price Prediction: DOGE Has Built Three RSI Divergences — Is the Breakout Finally Coming?
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DOGE trades at $0.07015 on August 11, compressing in a rectangle between $0.068 and $0.074 with RSI at 45.50 and three RSI bullish divergences formed since June after a drop from May highs near $0.12. A $91.73M high‑leverage short would liquidate at $0.0722 just above the range as open interest rose 4.49% to $1.17B, raising the odds of a short squeeze, breakout and wider crypto/DeFi derivatives flow that could boost token adoption.
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- DOGE trades at $0.07015 on August 11, consolidating in a rectangle range between $0.068 and $0.074 with RSI at 45.50
- A $91.73M high-leverage short position faces liquidation if DOGE reaches $0.0722, just above the range upper boundary
- Three RSI bullish divergences have formed since June, with open interest rising 4.49% to $1.17B as positions build ahead of a range break
The Dogecoin price prediction right now hinges on $0.0722, the level where a $91.73 million short position faces liquidation just above the rectangle range that’s held DOGE since late July.
DOGE Price Analysis: Three RSI Divergences and a Bollinger Squeeze
The daily chart shows DOGE compressing inside a rectangle between $0.068 and $0.074 that has contained price since late July after the drop from the May highs near $0.12. Today’s session opened …
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