Dogecoin is trading at key demand levels after two weeks of massive selling pressure, with bears pushing DOGE down more than 30%. The meme coin sector has been hit the hardest during this market-wide correction, which began in mid-January, and as the market leader, Dogecoin has suffered the most.
Cryptocurrency markets are struggling on Thursday as the market-wide downturn continues. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,057.97 -0.2% Ethereum (CRYPTO: ETH) $2,268.27 -1.2% Solana (CRYPTO: SOL) $134.86 +2.7% XRP (CRYPTO: XRP) $2.15 -1.3% Dogecoin (CRYPTO: DOGE) $0.2030 +2.3% Shiba Inu (CRYPTO: SHIB) $0.00001430 +2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 6.6% and daily active addresses falling by 0.7%.
Dogecoin's open interest has crashed over $3 billion since January, sparking a bearish sentiment for the foremost meme coin. This critical metric is still at risk of crashing further, given the current outlook in the broader crypto market.
The Dogecoin price may be in for more pain, as a crypto analyst has projected another significant breakdown to new lows. On the bright side, the analyst suggests that this retracement will offer a discount for traders who aim to capitalize on the buy-dip opportunities and accumulate ahead of a potential increase.
While it may seem that the post-inauguration meme coin mania has dried up as we enter the early stages of a bear market, Dogecoin offers a glimmer of hope. The post Is Dogecoin Finished? DOGE Drops Below $0.20 – End of Meme Coins? appeared first on Cryptonews.
White House National Economic Council Director Kevin Hassett joins 'Squawk Box' to discuss takeaways from President Trump's cabinet meeting, fate of the GOP budget plan, Trump's tariff timeline, fate of the Trump tax cuts, DOGE's dividend checks, Trump's $5 million gold card visa plan, and more.
Dogecoin (DOGE) has tanked this week, with the recent downturn pushing its price 73% below its all-time high. For savvy traders, such dips often present a “buy the dip” opportunity and a chance to accumulate DOGE at a discount.
The Dogecoin price has corrected over 17% this week, testing the critical $0.20 support level amid broader crypto market uncertainties.
"The TD Sequential indicator flashes a buy signal on the daily chart," one popular analyst stated.
Dogecoin's price has dropped significantly in recent months, returning to pre-election levels, despite initial gains following Donald Trump's 2024 presidential victory.
Dogecoin has dropped to $0.20 amid market downturn and decreased network activity, but technical indicators suggest a potential bullish reversal from the current "falling wedge" pattern.
XRP, the payments-focused cryptocurrency, has faced a 25% price drop this month, falling to $2.28 from its January peak of $3.40, according to TradingView and CoinDesk. However, Fibonacci retracement analysis suggests the token is far from out.
In a post on X today, crypto analyst Satoshi Flipper (@SatoshiFlipper) shared a daily chart of DOGE/USDT on Binance that highlights what he calls a “monster falling wedge.” The chart shows Dogecoin's price moving within two converging trendlines—one descending from the coin's recent swing highs, and the other descending at a shallower angle from its short‐term lows, forming a classic wedge structure.
The price of Dogecoin has declined by over 6% in the last 24 hours, following a broader market downturn. Bitcoin also dropped below $84,000, adding to the pressure on cryptocurrencies.
Dogecoin surged in value following Donald Trump's November election win, but most of those gains have evaporated in recent weeks.
Dogecoin (DOGE) is trading at key demand levels after two weeks of intense selling pressure, with bears driving DOGE down over 30%. The broader crypto market has faced a prolonged correction that started in mid-January, but meme coins have been the most impacted.
Cryptocurrency markets continued their slide on Wednesday following President Trump threatening to impose 25% tariffs on the European Union. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $84,252 -3.9% Ethereum (CRYPTO: ETH) $2,332 -6.0% Solana (CRYPTO: SOL) $135.15 -6.0% XRP (CRYPTO: XRP) $2.21 -3.3% Dogecoin (CRYPTO: DOGE) $0.2037 -2.8% Shiba Inu (CRYPTO: SHIB) $0.00001426 +1.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 60.7% and daily active addresses growing by 17.1%.
Crypto analyst Bithereum, who predicted the Dogecoin price crash below the $0.2 level, has revealed the rest of his forecast for the foremost meme coin. Based on this, DOGE could soon witness a bullish reversal and rally to its local high of $0.45.
Dogecoin (DOGE) has remained a dominant force among meme coins, with its price largely influenced by market speculation and community-driven momentum. Analysts have pointed to potential catalysts, such as ETF discussions and increased institutional interest, that could push DOGE toward the $2 mark. However, sustained growth will depend on broader market conditions and demand.
Bitcoin appears on the verge of losing the $85,000 level, which could trigger a cascading liquidation event. Will bulls show up to buy the dip and defend a critical support level?
Despite the recent crypto-wide market downturn, a widely-followed crypto analyst suggests that the original meme coin Dogecoin could be primed for a mega price bounce.
The cryptocurrency market has been reeling from a broader sell-off, and Dogecoin has not been spared, with its price recently dropping to a three-month low of $0.20. While there has been a slight recovery, concerns remain that the decline is not over yet.
The meme coin hype train has taken a breather as markets struggle with adverse macroeconomic conditions. However, meme coins are not going anywhere, as can be seen by the influx of new meme coins looking to dethrone the top dogs in the ecosystem, Dogecoin (DOGE) and Shiba Inu (SHIB).
Dogecoin's (CRYPTO: DOGE) on-chain metrics and price are deteriorating, but bullish traders remain optimistic about a major move ahead. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2064 $30.6 billion +0.08% -18.8% Shiba Inu (CRYPTO: SHIB) $0.00001417 $8.4 billion +2.4% -8% Pepe (CRYPTO: PEPE) $0.058132 $3.4 billion +3.6% -13.6% Trader Notes: Crypto trader Javon Marks believes that the recent pullback doesn't alter Dogecoin's historical price cycles.
Dogecoin's steep decline in network activity and sentiment raises concerns about its future growth.
Bitcoin (BTC) is attempting to reclaim $90,000 after a bloodbath at the beginning of the week drove the price to a low of $86,220, as analysts warned of a deeper correction to $80,000. The flagship cryptocurrency is down over 3% in the past 24 hours and is trading around the $88,900 mark.
TL;DR Altcoins Show Recovery: After significant market losses, XRP, ADA, and DOGE have posted impressive gains, providing relief to investors. XRP Holds Key Level: XRP surged 11.3% overnight, holding a critical support level and gaining investor confidence from positive news.
A massive 312.37 million Dogecoin (DOGE) has just moved to major crypto exchange Coinbase, sparking speculation in the crypto community.
Dogecoin whales sent shockwaves across the broader crypto landscape on Wednesday, embarking on a dumping spree amid broader market turmoil. The latest whale data signaled that roughly 312 million tokens were offloaded into cryptocurrency exchange Coinbase.
Space exploration company Intuitive Machines Inc. (NASDAQ:LUNR) is gearing up for its second moon landing attempt on Wednesday, with the anticipation sending its stock higher in after-hours trading. What happened: The Houston-based firm, which made history last year by becoming the first private company to touchdown on the moon, prepares to land its Nova-C lunar lander near the lunar south pole.
Dog-themed cryptocurrency Dogecoin (DOGE) is recording significant declines as the crypto market faces selling pressure.
Fibonacci retracement levels serve as potential areas from which prices resume the primary trend.
Pi Coin has garnered significant attention due to its mobile mining model and strong community backing. However, with 2025 approaching, questions remain about its viability as an investment compared to established altcoins like Solana, Dogecoin, and Cardano. Experts cite its transition to open trading, regulatory challenges, and real-world adoption as critical hurdles.
Meme coins are in a freefall as the crypto market crashes. Dogecoin, the OG meme coin, is down to the $0.20 crossroads. Will DOGE price fall under $0.20 as the market struggles for a comeback?
Dogecoin has fallen below $0.20 for the first time in months, marking a significant drop of over 11% in the past 24 hours.
Dogecoin (DOGE) has been under significant selling pressure recently, experiencing a steep 10% decline over the past 24 hours. The popular cryptocurrency coin has dropped below a critical support level of $0.22136, signaling that bearish sentiment is taking hold in the market.
The Dogecoin price could be gearing up for an explosive rally to $1 as technical indicators suggest the meme coin is about to complete its fourth Falling Wedge pattern. A crypto analyst reveals that past breakouts from similar formations have led to strong price rallies, with the highest gain of 445% recorded in previous cycles.
The former CEO of embattled cryptocurrency exchange FTX was found guilty on seven counts of fraud last year and is currently serving a 25-year prison sentence.
The cryptocurrency market plunged on Tuesday, with Bitcoin (CRYPTO: BTC) slipping below $88,000 and the global market cap retreating below the $3 trillion mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $87,679.28 -6.9% Ethereum (CRYPTO: ETH) $2,463.78 -7.2% Solana (CRYPTO: SOL) $143.94 -4.9% XRP (CRYPTO: XRP) $2.25 -6.7% Dogecoin (CRYPTO: DOGE) $0.2079 -6.8% Shiba Inu (CRYPTO: SHIB) $0.00001396 -2.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 52% and daily active addresses growing by 38.5%.
In a post on X on Tuesday, crypto analyst Ali Martinez (@ali_charts) shared a long‐term Dogecoin (DOGE) price chart highlighting a critical support level that, if lost, could open the door for a steep correction. Martinez pinpointed $0.19 as the line in the sand.
The crypto fund issuer received SEC acknowledgement on Monday for a Cardano fund and has applied to convert its XRP Trust into an ETF.
On Saturday, 22nd February, the U.S. Office of Personnel Management (OPM) headed by Musk, sent emails to federal employees asking them to report their accomplishments from last week. According to more recent reports, the OPM will use AI to assess the employees' responses.
Amid the market downtrend, crypto analyst DOGECAPITAL has explained why the projected Dogecoin price rally to $10 is still in the works. The analyst outlined several developments that confirm this bullish outlook for the foremost meme coin.
Dogecoin (CRYPTO: DOGE)is down 8.5% to $0.20, largely mirroring Bitcoin's (CRYPTO: BTC) pullback, but historical patterns suggest a potential rebound may be on the way. What Happened: Crypto analyst Kevin, a leading Dogecoin commentator on X, discussed the meme coin's price action in a Feb. 22 podcast.
Meme coins are not immune to a broader crypto crash, with Dogecoin hitting its lowest price in months as other top coins plummet.
It's a blood-red Tuesday across the crypto markets.
There are no reversal signals on the cryptocurrency market so far, according to CoinStats.