Image of WDOGE
WDOGEWrapped Dogecoin
$0.08986
-1.57%
1D

Wrapped Dogecoin Analysis

Investment Score
A quick view into Wrapped Dogecoin's investment prospects.
8.3

Trend and momentum are aligned, and the current chart still offers a constructive buy setup.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
  • Trend Exhaustion Risk: Price is more than 5% extended above EMA50, increasing the risk of a pullback or mean-reversion dip.
Market State Summary
Current regime
Bull Quiet
Confidence: 84%
Why this state?
  • WDOGE is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
WDOGE is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 61.06, which is neither overbought nor oversold.
Volatility
Quiet
WDOGE ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.1065 - $0.1104
Active zone
$0.08865 - $0.1005
Support zone
$0.07849 - $0.08243
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Average
Support & Resistance

Wrapped Dogecoin support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.07849 - $0.08243
Resistance zone
$0.1065 - $0.1104
Active zone
$0.08865 - $0.1005
Levels Table
LevelZoneStrength
Support 1$0.07849 - $0.08243
Support 2$0.06497 - $0.07803
Resistance 1$0.1065 - $0.1104
Resistance 2$0.1153 - $0.1259
Resistance 3$0.1373 - $0.1415
Active 1$0.08865 - $0.1005
Scenario Analysis
Bullish scenario

WDOGE clears the resistance zone at $0.1065 - $0.1104 and holds above it. That would strengthen the breakout case and shift attention to $0.1153 - $0.1259.

Bearish scenario

WDOGE loses the support zone at $0.07849 - $0.08243. That would weaken the setup and open the way toward $0.06497 - $0.07803.

Neutral scenario

WDOGE continues trading between $0.08243 and $0.1065. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.07720
Bullish
WDOGE is trading above the 50-day average.
SMA200
$0.09518
Bearish
WDOGE remains below the long-term trend line.
EMA50
$0.08102
Bullish
WDOGE is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.09854
Bearish
WDOGE is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
61.06
Neutral
RSI (14) is at 61.06, which keeps momentum in a balanced range.
Stoch RSI (14)
53.85
Neutral
Stoch RSI (14) is at 53.85, which suggests momentum is active but not yet extreme.
MACD
0.003052
Bullish
MACD is above its signal line.
ATR
4.39%
Quiet
Volatility is below its 180-day median.
VWMA
$0.08559
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
77.66
Neutral
CCI (20) is at 77.66, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.007242
Bullish
Awesome Oscillator is above zero at $0.007242, which supports bullish momentum.
Williams Percent Range (14)
-29.83
Neutral
Williams Percent Range (14) is at -29.83, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.004810
Bullish
Bull Bear Power (13) is positive at $0.004810, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
55.91
Neutral
Ultimate Oscillator is at 55.91, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.09039
Bearish
WDOGE is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.08368
Bullish
WDOGE is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Wrapped Dogecoin

Over the past 7 days, Wrapped Dogecoin price was most positively correlated with the price of Dogecoin (DOGE), Avalanche (AVAX), Aerodrome Finance (AERO), GateToken (GT) and PancakeSwap (CAKE) and most negatively correlated with the price of Pump.fun (PUMP), APENFT (NFT), Canton (CC), Bonk (BONK) and LEO Token (LEO).

Positively Correlated Currencies
NameCorrelation
Image of DogecoinDogecoin0.979
Image of AvalancheAvalanche0.952
Image of Aerodrome FinanceAerodrome Finance0.951
Image of GateTokenGateToken0.939
Image of PancakeSwapPancakeSwap0.936
Negatively Correlated Currencies
NameCorrelation
Image of Pump.funPump.fun-0.578
Image of APENFTAPENFT-0.445
Image of CantonCanton-0.416
Image of BonkBonk-0.275
Image of LEO TokenLEO Token-0.247

Wrapped Dogecoin price is positively correlated with the top 10 coins by market cap with a price of 0.844, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.644. Currencies that are positively correlated with Wrapped Dogecoin indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Wrapped Dogecoin, a move in one direction for Wrapped Dogecoin would translate into a move in the opposite direction for the negatively correlated coin.

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