The Shiba Inu (SHIB) cryptocurrency has recently made waves by breaking through a significant resistance level, sparking excitement among investors. This milestone has led some to question whether SHIB is now a better investment opportunity than its rival, Dogecoin (DOGE).
A pattern uncovered by AMBCrypto reveals the key factor preventing DOGE from breaking out of its consolidation phase.
Crypto analyst Trader Tardigrade has highlighted a bullish pattern that has formed on the Dogecoin price chart. Based on this pattern, the analyst predicted that the Dogecoin price could reach as high as $2.15 in this market cycle.
Dogecoin (CRYPTO: DOGE) is hinting at a possible price surge in the wake of its remarkable rally. Since hitting its lowest point in August, Dogecoin has seen a 480% recovery, including a 220% rally post the November presidential election.
Dogecoin (DOGE), the popular and largest crypto meme coin by market capitalization is poised for a price decline as sentiment begins to shift. For the past few days, the overall cryptocurrency market has been quite confusing, raising concerns about whether the price will rally or decline.
Even with Bitcoin up on the week, Dogecoin is the biggest loser in the top 10 cryptocurrencies—and other meme coins are down bad too.
Dogecoin's price momentum is fading, with analysts warning of a possible drop to $0.35 if Bitcoin falls below $100K. Will Dogecoin recover, or is a bigger decline ahead?
Dogecoins (DOGE) large transactions surged by 41% in 24 hours, with 60.9 billion DOGE moved by whales. Despite a price dip to $0.3973, whale activity and Elon Musk-driven social mentions have bolstered bullish sentiment, signaling a potential price recovery for the meme coin.
A move beyond $0.43 in the coming days would be an early clue that the $0.5 level will be retested soon.
Japan is the latest country facing calls to explore the feasibility of establishing a Strategic Bitcoin Reserve (SBR).
Dogecoin (DOGE) struggles to stay above the $0.4 price level, recently slipping by 2.04% to $0.3973. Amid this bearish tilt, DOGE whales have stayed active, as seen on IntoTheBlock (ITB).
Bears have sized the initiative at the beginning of the weekend, according to CoinMarketCap.
The second week of December saw mixed performances for meme coins, with most experiencing double-digit declines. This development, as stated in this meme coins weekly recap, aligns with the broader market condition that has seen most cryptos lose hold of the bullish momentum they recently had.
Whale activity has surged in the last 24 hours, Crypto analyst Ali Martinez has recently observed significant whale activity in major cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during a market dip.
The Dogecoin price action is currently locked between two critical technical levels, the macro golden pocket and the macro 0.5 Fibonacci retracement level. This observation was highlighted by crypto analyst Kevin (@Kev_Capital_TA) on the social media platform X.
Dogecoin co-founder Billy Markus, who goes by Shibetoshi Nakamoto on X, recently reflected on a Galaxy Research piece from May 2021.
As the Christmas season approaches, the Dogecoin price, a major meme-based cryptocurrency, has experienced a remarkable resurgence. the DOGE has seen a significant price spike, reflecting broader bullish market trends.
During his previous presidency, Trump had pointed to rising stock prices and asserted that America was becoming great again.
Crypto analyst Trader Tardigrade has provided an update on Dogecoin's current price action. The analyst revealed that the meme coin has signaled a bullish crossover on the moving average convergence/divergence (MACD) and suggested where the DOGE price is headed next.
Dogecoin (DOGE) has witnessed substantial whale activity over the past 24 hours, with large investors purchasing 160 million DOGE. This surge follows a consistent price rally, with Dogecoin achieving a remarkable 350% increase in value over recent years.
A widely followed crypto analyst is highlighting whale activity surrounding popular crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during this week's market dip.
Dogecoin's network growth and technical setup suggest a breakout above $0.47 is within reach.
Dogecoin is testing demand above the $0.40 level following several days of consolidation below its yearly high of $0.484. This period of choppy price action has kept traders on edge, as Dogecoin's price appears poised for a decisive move.
Cryptocurrency markets are trading higher on Friday as the stock market continues to have a bullish outlook for 2025. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $101,697.15 +2.2% Ethereum (CRYPTO: ETH) $3,931.03 +1.6% Solana (CRYPTO: SOL) $224.50 -1.5% XRP (CRYPTO: XRP) $2.43 +3% Dogecoin (CRYPTO: DOGE) $0.4063 +0.4% Shiba Inu (CRYPTO: SHIB) $0.00002846 +1.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 13.1% and daily active addresses growing by 3.8%.
Bitcoin's recent surge toward the $100,000 mark has raised widespread excitement, but also raised concerns regarding the sustainability of the rally. While this price level signifies an important milestone for the world's largest cryptocurrency, market observers are cautious about whether Bitcoin can maintain its current trajectory or if it will face a retracement.
Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.
Dogecoin's (CRYPTO: DOGE) lackluster performance over the past month has dampened optimism among Polymarket traders, but crypto traders on social media remain hopeful about its future prospects. What Happened: Crypto trader Altcoin Sherpa advised his followers on X to buy DOGE aggressively only when Bitcoin shows a clear upward momentum during its next leg up.
In recent days, the price of DOGE has stabilized near the $0.4 level, with neither buyers nor sellers gaining clear control. Buyers are becoming impatient, seeking a quick rise above this steady range. This has triggered significant buying interest from large investors, potentially leading to an increase in long positions for Dogecoin.
Dogecoin price has been consolidating between $0.39–$0.48 with patterns resembling its behavior before the 8,000% rally in 2021.
Dogecoin (DOGE), the original meme coin, has had an interesting year. While the digital asset spent most of 2024 either trading flatly or in a slight downtrend after a short move to the upside in March, the wider cryptocurrency bull market that ignited in November has seen DOGE prices skyrocket.
Dogecoin price, a major meme-based altcoin, has experienced a staggering 350% surge in value over recent years. This remarkable growth has garnered widespread attention across trading platforms, positioning DOGE as a leading performer.
Fartcoin (CRYPTO: FARTCOIN), a meme-based cryptocurrency with unconventional origins, has hit an all-time high market capitalization of $763.9 million. The Solana (CRYPTO: SOL)-based token's meteoric rise, reaching a preliminary all-time high of $764 million on Friday per DexScreener data, has been driven by a mix of online speculation and social media buzz.
The Dogecoin team has issued a critical reminder to the community to upgrade their nodes to the most recent version, 1.14.9, highlighting the importance of staying updated for the network's health and security.
Dogecoin (DOGE) has entered a period of weakness, slipping roughly 16% from its November 23 local high of $0.4795. As the original meme cryptocurrency struggles to reclaim key technical levels, the consensus among some analysts is that DOGE's ability to stabilize or recover may hinge almost entirely on an external factor: Bitcoin's trajectory.
A significant shift has occurred in the Dogecoin (DOGE) ecosystem in the last 24 hours. Despite the ongoing bullish market cycle that saw Bitcoin rally above $100,000, DOGE has continued to see mild bleeding.
While $DOGE remains the most popular meme coin, attributed to being the first to exist and consistently endorsed by the crypto titan Elon Musk, a light is shining on other cryptocurrencies and meme coin presales with real-world utility. Just look at Floki, for example.
Tesla CEO Musk's political influence continues to rub certain individuals the wrong way. His battle with the US Security and Exchanges Commission (SEC) is very much alive, and with outgoing chair Gary Gensler still in office, the political war is undoubtedly far from over.
With its fantastic price momentum, dogecoin (DOGE) keeps the front stage in the crypto scene. At $0.4603, DOGE has increased by 2.04% in the past 24 hours. The token has risen 130% over the past thirty days and by about 400% in the past three months, indicating a strong positive attitude among investors.
Donald Trump's team is intent on consolidating or even eliminating some long-standing banking watchdogs, WSJ reports, while Wall Street Pepe ($WEPE) fans cheer. Trump's incoming US presidency has signaled a promising forecast for cryptocurrency regulations in the US.
Dogecoin repeats its bullish 2021 fractal, with whales piling in and Elon Musk's influence sparking speculation of an 85% rally next.
Donald Trump's transition team is reportedly planning a major overhaul in the country's banking sector by reducing, consolidating, and even eliminating key banking regulators in Washington. Advisors from the newly formed Department of Government Efficiency (DOGE), headed by Elon Musk, are mulling the possibility of abolishing the Federal Deposit Insurance Corporation (FDIC).
69% of Dogecoin's active nodes were rendered dysfunctional after a hacker exploited the blockchain network's weakness. The attack which affected the older versions of the network has presented the dogecoin community with security and robustness issues.
Whales massively bought DOGE during a price correction leading a rebound.
The number of new Dogecoin (DOGE) investors has increased in recent days, suggesting the potential for a price rally similar to its previous surge between September 23 and December 12. During that period, DOGE's price climbed from $0.10 to $0.47.
The price movement of Bitcoin close to $100,000 has drawn a lot of attention and represents a crucial technical and psychological turning point for the market. Although the milestone is remarkable, there are legitimate concerns regarding the rally's sustainability and the potential for a retracement.
New data blockchain explorer Blockchair reveals that a hacker took advantage of an exploit in Dogecoin's (DOGE) blockchain, causing the majority of its nodes to crash. Earlier this week, a Dogecoin monitoring platform noticed that the number of DOGE nodes dipped from 647 to just 205, a decrease of about 69%.
Earlier in November, Dogecoin experienced a rapid ascent to new price highs, driving its Relative Strength Index (RSI) into the overbought zone. However, a crypto analyst revealed that the popular meme coin has officially exited this overbought range following its recent pullback below $0.4.