A recent technical analysis of Dogecoin's price chart on the weekly candlestick timeframe has revealed a compelling outlook for the meme coin's long-term trajectory. According to the analyst, Dogecoin is currently the only meme coin capable of delivering a 5-10x return.
Dogecoin has once again dipped into oversold territory on its 4-hour chart on Tuesday, marking the most pronounced level of selling pressure since the sudden capitulation on February 3. During that episode, the price plunged to around $0.20 before rebounding by 45% within the same trading day—a move that underscored how quickly Dogecoin can rally from oversold conditions.
The Department of Government Efficiency (DOGE), a federal cost-cutting effort backed by President Donald Trump and founded by billionaire Elon Musk, reportedly has some discrepancies in its reported savings. According to its website, DOGE claims to have saved $55 billion in federal spending, but only $16.6 billion of that amount is accounted for, leaving $38.
Dogecoin struggles in a correction phase with declining price and network activity. Despite short-term bearish trends, DOGE maintains strong fundamentals with potential catalysts ahead.
Major news just broke out regarding the U.S. wing of the world's largest cryptocurrency exchange, Binance. In the last couple of years, the activity of Binance US, and the black-and-yellow exchange broadly, has been significantly shredded due to regulation and law enforcement implemented by the previous SEC administration.
A new study sheds light on the common phenomenon of cryptocurrency tokens experiencing sharp price declines after achieving all-time highs. The research identifies key factors contributing to both the rise and subsequent fall of popular digital assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE).
Dogecoin price remains in a bear market after falling by 47% from its highest level in 2024, but a few catalysts may push it higher soon. Dogecoin (DOGE), the largest meme coin in crypto, was trading at $0.
Treasury Secretary Scott Bessent says the Department of Government Efficiency has found an estimated $50 billion in government savings in only a few weeks. Elon Musk, who runs DOGE, says he wants to reduce the deficit by $1 trillion.
Dogecoin (DOGE) is once again making waves in the crypto market. This time, it's due to a fascinating technical pattern forming on its price chart: a symmetrical expanding triangle.
Open interest in meme coin futures has significantly decreased as prices have dropped, sparking a debate about the sector's future. What Happened: In a post on X on Feb 19, Glassnode data shows the decrease, with Dogecoin (CRYPTO: DOGE) open interest down by 58.45%, falling from $3.58 billion on Dec. 9, 2024 to $1.49 billion recently.
The meme coins have noted massive volatile trading lately amid a broader crypto market downturn. Notably, top players in the segment like DOGE, PEPE, SHIB, FLOKI, and others have also gone through a topsy-turvy lately, sparking market concerns.
A crypto strategist known for making timely altcoin calls believes that the top meme token Dogecoin (DOGE) is gearing up for a breakout surge. Pseudonymous analyst Bluntz tells his 316,700 followers on the social media platform X that DOGE appears to be carving a local bottom en route for a bullish reversal.
Rep. Tim Moore, R-N.C., weighs in on President Donald Trump and Elon Musk's interview on 'Hannity,' wasteful government spending, the president considering auto tariffs and the Senate's budget resolution.
Dogecoin (CRYPTO: DOGE) is the antithesis of the type of investment that legendary value proponent Warren Buffett tends to make. Chasing the crowd in hype-driven plays with no real fundamental value is the total opposite of his patient, farsighted, and totally grounded approach to buying stocks.
Bitcoin (BTC) briefly dipped below $95,000, falling to a low of $93,487 before recovering and moving to its current level of $95,100. The flagship cryptocurrency has been down almost 1% over the past 24 hours, with sentiment further dampened after the odds of a US strategic reserve drop on Polymarket.
Dogecoin's price is exhibiting a Double Top pattern while trading at $0.25, with technical analysts identifying potential downside targets at $0.22 and $0.176-$0.18, although some contrary indicators suggest the possibility of a rebound.
The U.S. Securities and Exchange Commission's (SEC) recent acknowledgment of XRP ETF filings has created a stir in the crypto community. These filings mark a major milestone for the cryptocurrency, as the application was previously rejected or withdrawn.
Dogecoin started a fresh decline below the $0.270 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.2550.
Technical indicators are pointing to a major breakdown of the Dogecoin price, as an analyst projects a decline to $0.2. This bearish prediction could be game over for Dogecoin, as the meme coin has formed a Double Top pattern, indicating that it may experience further downside pressure this quarter.
Dogecoin's latest price movement has stalled at a critical resistance level, preventing a bullish breakout above $0.28. As such, the meme coin is now back to battling to hold above support at $0.25.
The Dogecoin (DOGE) price is on the cusp of testing a key technical level that, depending on its reaction, could have a meaningful implication on its medium-term outlook. The post Dogecoin (DOGE) Price Approaches Key Technical Level – Here's Where Its Headed Next appeared first on Cryptonews.
Cryptocurrency markets are trading lower despite bullish catalysts, including rising institutional investment and Texas' Strategic Bitcoin Reserve proposal. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,100.04 -1.8% Ethereum (CRYPTO: ETH) $2,637.93 -3.7% Solana (CRYPTO: SOL) $166.02 -7.3% XRP (CRYPTO: XRP) $2.51 -5.5% Dogecoin (CRYPTO: DOGE) $0.2472 -4.3% Shiba Inu (CRYPTO: SHIB) $0.00001511 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses grew by 22.3%.
Bitcoin (CRYPTO: BTC) has been stuck in a multi-week range, leaving altcoins struggling for momentum. However, traders believe this consolidation phase could be setting the stage for an altseason breakout.
US Social Security Administration (SSA) acting head Michelle King resigned after a dispute with DOGE over access to sensitive government records.
A potential shift from bearish performances in Dogecoin's price seems to be on the horizon as the chart shows an encouraging trend of growing bullish momentum. With DOGE's upside strength gradually building, analysts believe that the meme coin could be entering the beginning of a notable price move to higher levels.
Bitcoin has fallen to its lowest price in weeks as Solana continues to bleed amid the LIBRA controversy, plus other top coins dip.
Dogecoin (DOGE) traders are at a crossroads regarding the asset's direction amid mixed market signals. In the last 30 days, meme coin growth has stalled following declining crypto prices as sentiments dropped.
Choppy market conditions have kept Dogecoin (DOGE) from reclaiming the $0.30 mark in recent weeks, raising concerns among its supporters despite its massive $37.4 billion market cap.Earlier predictions placed DOGE's potential 2025 peak at $0.64.
A new technical chart shared by crypto analyst Cas Abbé (@cas_abbe) on X is showing a recurring bullish pattern in Dogecoin's price action. The 3-day chart highlights three distinct descending channels in Dogecoin's history—one during Q4 2023, another in Q3 2024, and the current one in early 2025—that each preceded major price surges of over 150%.
CNBC's Megan Cassella joins 'Squawk on the Street' to discuss the latest details on DOGE's efforts in Washington.
INX trading platform lists Dogecoin ($DOGE) and Pepe ($PEPE) as memecoin frenzy across crypto surges. This follows previous listings of the Trumpcoin ($TRUMP) and Melania ($MELANIA).
Sen. Bill Hagerty (R-Tenn.) joins 'Squawk Box' to discuss the dueling budget proposals from the House and the Senate, enacting President Trump's legislative agenda, extension of the Trump tax cuts, cutting the size of government, and more.
A total of $279 million in liquidations has hit the broader cryptocurrency market. Data from CoinGlass shows that top altcoins suffered more liquidation in the last 24 hours from long-position traders.
On-chain data shows that whale activity on the Dogecoin network has declined by nearly 88% since November 2024, thus weighing down on bullish sentiment.
Dogecoin (DOGE) is in a moment of significant weakness, but AI Grok announces a mind-blowing price prediction.
Elon Musk's Department of Government Efficiency is preparing to audit the SEC amid ongoing tensions between Musk and the regulator, raising concerns from Democrats about access to sensitive market data.
A well-known cryptocurrency influencer shared an optimistic outlook on Dogecoin (CRYPTO: DOGE) on Monday, predicting a massive upside similar to previous bullish cycles. What Happened: Cas Abbé took to X to compare the current state of the dog-themed meme coin with its performance in the third quarter of 2024 and the fourth quarter of 2023.
The DOGE Foundation launched the @DOGE_SEC account on X to investigate alleged waste, fraud, and abuse within the SEC, seeking public input to enhance transparency and accountability in digital asset regulation. The post DOGE Launches SEC Account to Tackle Waste, Fraud, and Abuse in the SEC appeared first on Cryptonews.
On-chain data shows that large Dogecoin transactions have seen a sharp drop recently, a sign that whales are no longer active on the network. Dogecoin Whale Activity Has Plunged Since Mid-November As pointed out by analyst Ali Martinez in a new post on X, the Whale Transaction Count has declined for Dogecoin recently.
A closely followed crypto strategist thinks that payments altcoin XRP is gearing up for a burst to the upside as it prints a bullish continuation pattern.
Dogecoin recent price performance has raised concerns among analysts about potential further declines.
Dogecoin has been recently experiencing price fluctuations. From the past month, Dogecoin price has declined by over 23.80%, but analysts are hopeful that Dogecoin price still has the possibility for a surge as the past week has seen this altcoin rise by approximately 4.93%.
Dogecoin has yet to reclaim the $0.3 price level due to bearish price action in the past few weeks, but technical analysis shows that it is destined for a run above double digits.
Bitcoin bulls appear reluctant to buy dips after BTC's repeat failures to secure a close above $98,500.
With THESE factors stacking up, DOGE may soon have to scramble for another support line.
Despite its continued price fluctuations in the last seven days, Dogecoin (DOGE) has signaled a potentially bullish shift. DOGE has found support at the $0.26 mark to reach higher levels.
Dogecoin (DOGE) could be on the verge of a major rally, with analysts eyeing a potential surge to $10. Despite recent market volatility, DOGE has maintained key support levels, fueling optimism among traders.
The crypto-verse constantly fails to regain momentum with top tokens erasing significant valuation from their portfolios. Moreover, top tokens have plunged below their important support levels, indicating rising uncertainty in price action. With the market turning extremely volatile, investors are closely watching the charts of the top memecoins.