Dogecoin (DOGE) has lost its bullish momentum as the bears break below the 21-day SMA. The cryptocurrency was dumped at a high of $0.48, which caused it to fall below the 21-day SMA.
Bitcoin and Dogecoin are two of the most watched cryptocurrencies this cycle, with increases in the Bitcoin price mostly flowing into that of Dogecoin. At some point, the price correlation between the Dogecoin price and that of Bitcoin was at 0.97.
The price of Bitcoin came within a few hundred dollars of the record Sunday while other assets like Dogecoin and XRP are quietly climbing.
Dogecoin (DOGE) is once again capturing the attention of the market as bullish momentum surges through. Optimism regarding meme cryptos such as Dogecoin has increased as Bitcoin continues to meander near historic highs.
The week was a rollercoaster ride in the cryptocurrency world. From Peter Schiff's advice to President Biden to sell all U.S.-owned Bitcoin, to a bearish turn in the Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) markets, and a potential surge in Dogecoin's value, there was no shortage of action.
An exploit first discovered and disclosed by crypto researcher Tobias Ruck crashed over half of the nodes of Dogecoin, a cryptocurrency with a market capitalization of over $58 billion. This event remarks that cryptocurrency projects are as vulnerable as their codebase.
The cryptocurrency market has long been a favorite of aggressive investors (perhaps more accurately described as speculators) because of its volatility . At their best, these digital assets can trounce traditional stock market indexes like the S&P 500 or Nasdaq Composite.
Dogecoin (DOGE) bulls are recording massive purchases amid sideways trading, signaling an uptrend in the coming months. The asset's on-chain factors are flipping green alongside top crypto on the back of institutional demand and Elon Musk's influence.
Dogecoin's price action is still drawing attention with its ongoing consolidation holding up above $0.4. At the time of writing, Dogecoin is trading around $0.409, down 14% from its recent December high of $0.4757.
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.
Following a price spike to new highs in the past few months, the doggy-themed meme coin Bonk (BONK) has since declined and is now consolidating.
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.