DOGE: Momentum Indicator Turns Up While Price Remains Down

⬤ Dogecoin keeps sliding lower on the weekly chart, making fresh lows month after month. But something interesting just showed up in the data. The momentum indicator started ticking upward while DOGE itself continued dropping. TATrader_Alan flagged this divergence as worth watching, since it sometimes signals that selling pressure is running out of steam.

⬤ The chart makes the split pretty clear. Price action shows Dogecoin still stuck in its downtrend, but the momentum line at the bottom has started climbing after months of decline. This kind of setup raises the odds that DOGE could eventually flip from downtrend to uptrend, though there’s no confirmation yet in the actual price.

⬤ Here’s why this matters. Momentum indicators sometimes change direction before the asset itself does. When an indicator like this turns up while price keeps falling, it hints that the downward push might be weakening. That’s why traders are now watching to see if DOGE can form a bottom and start building support.

⬤ For the broader crypto market, this Dogecoin pattern shows how momentum readings can telegraph potential shifts before they show up in price charts. If DOGE does eventually turn around and start trending higher, it would mark a real change after months of weakness. The question now is whether this early momentum improvement leads to actual price gains or just more sideways trading.