TLDR
- DOGE trades around $0.0734, below all major EMAs, keeping the near-term outlook bearish
- Futures Open Interest rose to 15.45 billion DOGE, up from 14.64 billion the day before
- Trading volume surged past $1 billion, more than doubling from $438 million the prior day
- Analyst Ali Charts says the weekly TD Sequential has printed multiple consecutive buy signals
- Trader Tardigrade notes DOGE’s monthly Stoch RSI has hit oversold levels, matching a 2022 pattern
Dogecoin is trading around $0.0734 on Tuesday as the broader crypto market stages a recovery. The meme coin is showing signs of stabilization, though it remains in bearish territory by most technical measures.
DOGE is trading below its 50-day, 100-day, and 200-day EMAs, which sit at $0.0798, $0.0877, and $0.1047 respectively. Price needs to break above $0.075 to show meaningful upside follow-through.
The Fear & Greed Index fell to 25 on Tuesday, firmly in Extreme Fear territory. That drop from 29 the day before reflects cautious sentiment across digital assets.
Despite that, the derivatives market is showing signs of life. Futures Open Interest climbed to 15.45 billion DOGE from 14.64 billion the previous day, and from 12.01 billion on June 11.
Trading volume crossed $1.02 billion on Tuesday. That compares to $438 million the day before and $336 million last Sunday, a sharp rise in activity.
The RSI sits near 43, and the MACD reading is mildly positive. Together they point to tentative stabilization rather than a confirmed bullish reversal.
Buy Signals Pile Up
Analyst Ali Charts posted on X that Dogecoin “just keeps printing buy signals.” According to the analyst, the weekly TD Sequential has now flashed multiple consecutive buy signals, which Ali Charts describes as a rare setup that could signal a major bull rally is approaching.
Dogecoin $DOGE just keeps printing buy signals.
The weekly TD Sequential has now flashed multiple consecutive buy signals—a rare setup that could be warning a major bull rally is approaching. pic.twitter.com/DrOI9nqJ2I
— Ali Charts (@alicharts) July 21, 2026
Support currently sits at the former trendline break level around $0.0709. A daily close below that level would open the door to fresh lows.
Monthly RSI Matches 2022 Pattern
Crypto analyst Trader Tardigrade is pointing to another technical signal. The monthly Stochastic RSI has returned to oversold territory for the first time since the 2022 market cycle.
$Doge/monthly#Dogecoin Stoch RSI is flashing the same signal that triggered every major rally.
2022: Stoch RSI bottomed → Massive surge ✅
2026: Stoch RSI bottomed → ?The monthly Stoch RSI has hit oversold and will turn up, $DOGE explodes to a new high soon.
The indicator… pic.twitter.com/h9RQ7ShZaa
— Trader Tardigrade 🧬 (@TATrader_Alan) July 21, 2026
Tardigrade states: “The monthly Stoch RSI has hit oversold and will turn up.” The analyst draws a direct comparison to 2022, when a similar reading preceded a major Dogecoin price rally.
The Stoch RSI is a momentum indicator used to identify potential trend reversals. Traders typically use it alongside price action and volume for confirmation.
DOGE’s performance has historically tracked closely with Bitcoin and broader crypto market sentiment. Community participation, exchange liquidity, and retail demand remain key factors supporting the coin beyond chart signals alone.
Multiple consecutive weekly TD Sequential buy signals have now appeared on DOGE’s chart, according to Ali Charts.
