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CATEGORY: doge analysis


May 08, 2024 05:50

Dogecoin on the Rise: Over 5 Million Wallets Now Profitable As Potential Surge Looms

So far, Dogecoin has emerged as a significant player among the largest altcoins, exhibiting signs of a strong comeback, particularly highlighted by the recent profitability of numerous wallet addresses. A Surge In Dogecoin Profitable Addresses Recent data from IntoTheBlock reveals a notable uptick in the profitability of Dogecoin addresses. Of the myriad wallets in the [...]

The post Dogecoin on the Rise: Over 5 Million Wallets Now Profitable As Potential Surge Looms appeared first on Crypto Breaking News.

Dogecoin Open Interest Rises to $1.55B; DOGE Price Rises

Author: Paul Adedoyin
Estonia
Apr 18, 2025 02:30

Dogecoin Open Interest Rises to $1.55B; DOGE Price Rises

Dogecoin open interest hits $1.55 billion, indicating increased market activity. Technical signals hint at short-term bullishness

Nov 23, 2024 02:30

Dogecoins Bullish Surge: Why $5-$10 is Within Reach

Key Takeaways: Dogecoin (DOGE) appears to be repeating its familiar pattern in this cycle, with a notable surge in price action. According to Trader Tardigrade, Dogecoin is forming a “High Tight Flag Pattern,” which is an extremely uncommon and very bullish signal. This will be preceded by a large upward movement in price, and now […]

Dogecoin Price Set for Major Pump? Key Levels and Patterns Signal Breakout

Author: Arslan Tabish
Estonia
Nov 03, 2024 02:30

Dogecoin Price Set for Major Pump? Key Levels and Patterns Signal Breakout

Dogecoin (DOGE) might be on the verge of a major price pump, given the technical analysis trends that are suggestive of a break out. Experts in analysis and trading have outlined specific levels of resistance and long term formations on the chart which means if DOGE manages to break through certain price ranges then it […]

Dogecoin Breaks Above $0.12 Level  Time For DOGE To Catch Up?

Author: Sebastian Villafuerte
United Kingdom
Oct 21, 2024 12:05

Dogecoin Breaks Above $0.12 Level Time For DOGE To Catch Up?

Dogecoin (DOGE) has finally broken through the crucial $0.12 resistance level, marking a significant milestone as it surges to catch up with the broader crypto market rally. After weeks of struggling below that key supply zone, DOGE has made a strong move upward, sparking optimism among analysts and investors alike.  Many investors believe that this breakout could signal the start of a more sustained rally for the meme coin. Top analyst Daan recently shared key insights, pointing to a bullish outlook for Dogecoin in the coming weeks. According to his analysis, the breakout from $0.12 opens the door for DOGE to capitalize on the current market momentum.  Related Reading: Strong Buy Signal For DogWifHat (WIF) Key Indicator Hints At Rally To $4 As Bitcoin and other major altcoins continue to gain strength, Dogecoin investors are closely watching for confirmation of bullish continuation, hoping for further upside potential. With the market pushing higher and Dogecoin now breaking free from past struggles, many expect the meme coin to deliver impressive gains in the near term. Dogecoin Making Moves Dogecoin has surged over 33% since Monday, and it is now holding above its previous resistance level, maintaining bullish price action. This rally has sparked optimism among analysts and investors, as the overall market sentiment remains positive, and many believe that Dogecoin is primed for further gains in the coming weeks. Top analyst and investor Daan shared a technical analysis on X, highlighting the significance of DOGEs recent breakout. According to Daan, Dogecoin has successfully broken above the crucial $0.12 horizontal level and the Daily 200 moving average (MA).  He noted that this breakout signals “pretty much clear skies” for the meme coin, as there is little resistance above this point. However, he also emphasized that $0.12 remains a key level, serving as an invalidation point if the price were to drop below it. Despite the impressive performance of other meme coins in the market, Dogecoin has lagged behind in recent months. With this breakout, however, many believe that DOGE is finally catching up, and the coming weeks could see even more significant upside for the popular cryptocurrency. Related Reading: Ethereum Bullish Pattern Signals Upcoming Rally Analyst Sets $2,870 Target As market conditions remain favorable, all eyes are on Dogecoin to see if it can continue building on this momentum and push toward higher price levels. DOGE Price Action Dogecoin is currently trading at $0.14 after a 4% retrace from its recent high of $0.147. This surge saw DOGE break above both the 200-day moving average (MA) and the exponential moving average (EMA), confirming a bullish outlook for the meme coin in the coming weeks.  Analysts and investors are optimistic that Dogecoin will continue its upward momentum, fueled by positive market sentiment. However, there is a risk that DOGE may face downward pressure if it fails to hold above the crucial $0.129 mark, which aligns with the 200-day MA. A drop below this level could lead to a deeper retrace, testing the strength of the recent rally. With market conditions remaining volatile, the upcoming week will be key to determining whether DOGE can maintain its bullish trend or if it will enter a period of consolidation or further correction. Related Reading: Solana Targets $160 Resistance As TVL Hits New Yearly Highs Traders are keeping a close eye on this support level, as a successful hold above $0.129 would likely signal more upside potential, while a break below it could dampen the current bullish sentiment. All eyes are on Dogecoin to see how it performs in the critical days ahead. Featured image from Dall-E, chart from TradingView

Dogecoin Could Break Yearly Highs Any Moment Now  Crypto Analyst

Author: Sebastian Villafuerte
United Kingdom
Oct 11, 2024 12:05

Dogecoin Could Break Yearly Highs Any Moment Now Crypto Analyst

Dogecoin is currently testing a crucial demand level after experiencing a 23% decline from its local highs of $0.13. As the meme coin navigates this turning point, the broader crypto market anticipates a potential rally in the coming weeks, driven by the Federal Reserve’s recent decision to cut interest rates. However, October kicked off with increased selling pressure, leaving investors searching for signs of strength in Dogecoins price action. Related Reading: Bitcoin Failed Attempt To Break $64,000 Could Lead To A Disaster Analyst Top analyst Mister Crypto has shared a bullish outlook, stating that Dogecoin could begin its next rally any time now. His technical analysis highlights key support levels and suggests that the current price could be a launchpad for significant upside movement.  Despite the recent dip, many traders remain optimistic that DOGE could soon recover and enter a new bullish phase. All eyes are now on whether Dogecoin can hold its critical demand level and break out shortly. Dogecoin Testing Crucial Demand Dogecoin is currently surrounded by speculation as investors and analysts offer varying opinions on its future price action. After several weeks of significant ups and downs, the meme coin has seen massive volatility, reflecting the broader market’s uncertainty. Some analysts remain optimistic about Dogecoins prospects, while others caution against getting too bullish too soon. A technical analysis shared by prominent analyst Mister Crypto on X suggests a potentially bullish scenario for DOGE. His analysis highlights a 4-day (4D) price chart, where a bullish triangle pattern has just been broken. This breakout signals a possible rally ahead, which, if realized, could lead to gains exceeding 100%. Mister Cryptos forecast has sparked renewed hope among Dogecoin traders, who are now carefully managing their risk in anticipation of this potential move. Related Reading: XRP Will Jump 75% If It Holds Current Demand Level Details However, despite the optimism, there is still no clear confirmation that Dogecoin has entered a new bull run. For this bullish scenario to be validated, the price must close above the current demand level and hold support. Until then, the market remains cautious, and investors are waiting for further price action to confirm whether Dogecoin will break out or continue to trade sideways. With so much speculation and uncertainty, the coming days will be critical for DOGEs trajectory. Price Action: Technical Levels To Hold Dogecoin (DOGE) is currently trading at $0.106 after experiencing an 8% dip since Monday. The price has lost both the 4-hour 200 moving average (MA) at $0.107 and the 200 exponential moving average (EMA) at $0.108, placing DOGE in a precarious position as it now tests crucial demand levels. For bullish momentum to return, DOGE needs to break back above these key indicators and reclaim the $0.12 mark. A surge beyond this level could set the stage for a higher push, giving bulls the control they need to shift market sentiment. However, the current market environment remains fragile, and any failure to recapture the 4-hour MAs could signal further downside. Related Reading: Can SUI Break Past $2 Resistance? On-Chain Metrics Reveal Growing Demand If DOGE fails to hold its current levels, analysts anticipate a deeper correction that could drive the price down to around $0.08, a key support zone. Traders are watching closely to see if DOGE can stabilize or if more downside is ahead. This makes the coming days crucial for determining whether the meme coin can rebound or face further selling pressure. Featured image from Dall-E, chart from TradingView

Jan 29, 2025 02:30

DOGE Price Analysis: Whale Buying & Bullish Signals Point to Possible Rebound

Dogecoin (DOGE), the popular meme cryptocurrency, is currently facing turbulence in the market as it tries to maintain key support levels. Despite Bitcoin’s recent stabilization after a sharp crash, the broader crypto market remains in a neutral phase, leaving Dogecoin vulnerable to price fluctuations. Over the past week, DOGE has experienced a 16% drop in […]

Dogecoin Set for Explosive Surge: Can It Repeat 10,000% Growth in 2025?

Author: Mwongera Taitumu
Estonia
Jan 26, 2025 02:30

Dogecoin Set for Explosive Surge: Can It Repeat 10,000% Growth in 2025?

Dogecoins 2021 surge from pennies to over $0.70 stunned the crypto world. As 2025 unfolds, $DOGE is showing signs of another possible breakthrough. Could the meme coins next moonshot be just around the corner? Dogecoin shows signs of another major breakout in 2025 Dogecoin’s ($DOGE) impressive 10,000% surge in 2021 shocked the crypto world. The […]

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