Cryptocurrency markets are trading lower despite U.S. Bitcoin ETF inflows nearing $10 billion. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,080.94 -2.8% Ethereum (CRYPTO: ETH) $3,798.59 -4.7% Solana (CRYPTO: SOL) $222.86 -5.6% Dogecoin (CRYPTO: DOGE) $0.4355 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00002971 -7.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 2.4% and daily active addresses increasing by 8.7%.

Bitcoin briefly rose back above $100K on Monday morning, but has since fallen, dragging many other major assets along with it.

Dogecoin ($DOGE) has been demonstrating strong upward momentum in recent weeks, with technical indicators showing that it is poised to reach new price levels. Currently, the crypto has exited the oversold zone and is approaching the overbought territory.

Bitcoin's failure to hold $100,000 could attract profit booking from traders. Which altcoins will follow BTC's downtrend?

The price of Dogecoin has fallen by 4% today, but its indicators suggest it will break through the $0.50 resistance level by the end of the year. The post Dogecoin Breaks Key Resistance – $1 DOGE Incoming? appeared first on Cryptonews.

The Dogecoin price shows signs of continued bullish momentum, as a crypto analyst has predicted a potential breakout towards the $0.74 all-time high. This significant price surge is expected to occur following the meme coin's consolidation phase, which began after its recent rally above the $0.4 level.

Crypto analyst Master Kenobi has again alluded to the 91-day pattern to provide insights into where the Dogecoin price could be headed next. The analyst suggested that things could turn out differently for DOGE as its price action hasn't exactly followed this historical pattern.

The cryptocurrency market is experiencing euphoria, with Bitcoin vaulting above $100,000, propelled by more than $33 billion flowing into the world's largest crypto asset through spot ETFs.

Elon Musk and Vivek Ramaswamy are leading the Department of Government Efficiency (DOGE), an initiative aimed at cutting U.S. federal spending and reducing government waste.

Bitcoin's dip impacts Ethereum and XRP, but memecoins like Dogecoin, Baby Doge Coin, and Floki signal bullish continuations with potential for up to 60% gains.

Dogecoin's price dropped by 5% in the last 24 hours, but the bearish trend might change.

A new week has started with a market correction, as all of the top 10 coins are in the red zone, according to CoinMarketCap.

In recent hours, a substantial quantity of DOGE was transferred to Binance, one of the world's largest cryptocurrency exchanges.

As Bitcoin turns sluggish, the memecoin mania has also faded to a large extent. The most dominant memecoin, Dogecoin, has now turned bearish as the BTC price is flashing bearish signals.

In a significant update for the Dogecoin community, a crucial reminder has been issued to Dogecoin node operators. Dogecoin node operators have been urged to take immediate action to upgrade their systems following the release of Dogecoin Core 1.14.9.

Technical analysis shows that the Dogecoin price is still on track to reach new all-time highs this bull cycle, especially with history pointing to similar bullish scenarios that have played out before. By analyzing historical cycles on Dogecoin's monthly chart, patterns emerge that suggest a possible path toward the much-anticipated $10 milestone.

Dogecoin's (CRYPTO: DOGE) strong gains in November point to overall bullish sentiment, but traders expect a pullback in the near term. What Happened: Crypto trader Cold Blooded Shiller analyzed in a post on X how Dogecoin's recent rally mirrors the market's emotional state.

Dogecoin has captured market attention with its rally to $0.6, fueling predictions of a rise to $0.93 and even $1.05. Despite a recent dip, analysts remain optimistic about DOGEs long-term potential in the evolving crypto market.

As Bitcoin ($BTC) continues its latest correctional phase, the memecoins are falling much faster. $DOGE, $PEPE, and $WIF are crowd favourites.

Dogecoin price has noted a robust rally over the last few days, indicating strong market confidence towards the meme coin. However, the DOGE rally has taken a pause recently, which has sparked widespread discussions among investors about the potential next move of the coin.

Dogecoin experienced a modest rally yesterday, breaking past its local highs and reaching $0.484. The move excited the DOGE community, as the meme coin seemed ready for further gains.

PEPE hit a new all-time high of $0.000027 on December 8, crossing the $11 billion market cap milestone for the first time. Analysts are now predicting the crypto will continue leading the memecoin market, staying ahead of popular coins DOGE, SHIB, UNI and LTC.

Dogecoin has risen more than 370% so far in 2024.

The price of Dogecoin (DOGE) recently experienced a mild correction, dropping from a high of $0.4675 to a low of $0.4393. At the time of writing, the price was down 3.17% in 24 hours to $0.4443.

Today, Dogecoin (DOGE) is hovering around $0.43-$0.44. Price analysis by Coinidol.com.

Crypto analyst Cantonese Cat (@cantonmeow) suggests a scenario in which Dogecoin could reach $1 or even $2 relatively quickly. Posting on X, the analyst stated: “DOGE closed 3 weeks in a row above 0.786 log fib, which makes higher prices possible; don't be surprised if it hits $1 or $2 in a hurry.

Dogecoin forms a rounded bottom pattern on weekly timeframes as whale accumulation increases and technical analysts identify $0.68 as the next key resistance level.

The Dogecoin price continues to stage an attempt to rally significantly towards the highly anticipated $1 mark. Amidst this bullish trend, a crypto analyst has spotlighted a distinctive technical pattern on the Dogecoin price chart known as a “rounded bottom.

When trading coins like XRP, DOGE, Bitcoin, and Solana, traders take a risk with price volatility, meaning they either miss out on opportunities or suffer massive losses. To solve this issue, many inexperienced traders are using AI to their advantage, allowing them to stay ahead of the curve.

Active addresses on the Dogecoin (DOGE) network have reached a new all-time high following the meme coin's significant price increase in the last 30 days. This milestone has, once again, sparked speculation that DOGE could hit $1 in the short term.

The altcoin industry has signaled a major bull rally in the near term after consolidating in the past eight months.

Billy Markus, the co-founder of Dogecoin, took to X to humorously reflect on two of his past Bitcoin transactions that, in hindsight, seem quite regrettable.

Data shows that whales have shown strong interest in memecoins, leading to a rise in their prices.

As it continues to struggle to break the historic $100,000 barrier, many investors have found the recent price action of Bitcoin to be both exciting and frustrating. Due to strong market forces opposing the asset's upward momentum, this crucial level has turned into a psychological and technical resistance.

Dogecoin has finally surged above the crucial $0.48 resistance level, briefly reaching $0.484 before pulling back slightly. This marks a significant development for the meme coin, as it had struggled to break past this level for weeks.

Bitcoin (BTC) continues to battle resistance at the psychologically critical $100,000 level, sparking speculation about the future of altcoins like Dogecoin, Pepe, SUI, and Fantom. The cryptocurrency markets current trends indicate consolidation for Bitcoin, while certain altcoins hint at bullish patterns that could signal significant gainsor devastating losses.

Bitcoin's consolidation in the $100,000 range is giving traders an opportunity to take a closer look at DOGE, SUI, PEPE and FTM.

A closely followed crypto strategist thinks Ethereum (ETH) is now in a solid position to print new all-time highs. Trader Justin Bennett tells his 115,200 followers on the social media platform X that Ethereum bulls are in full control as long as ETH is trading above an immediate support level.

In a recent tweet, Billy Markus, the co-founder of Dogecoin who goes by Shibetoshi Nakamoto on X, shared a surprising and somewhat humorous reflection on his past Bitcoin trades.

Bitcoin is back to six figures and XRP is rising again, while Dogecoin topped $0.48 overnight for the first time in over three years.

According to data provided by Whale Alert, a Dogecoin (DOGE) address was recently activated for the first time after a whopping 11 years of dormancy.

Should You Buy Dogecoin Under $0.60?

Dogecoin broke above a bullish pattern, hinting at a price hike towards $0.66.

PEPE is the top performer from the larger-cap alts.

Veteran market strategist Raoul Pal is forecasting a bullish outlook for Dogecoin (DOGE), drawing parallels to the performance of XRP after its breakout from a similar technical pattern. Pal's analysis has garnered attention as it suggests that DOGE is poised for significant gains, with historical chart formations pointing to a potential uptrend.

Dogecoin has been steadily climbing, with its price approaching the critical $0.44848 mark. This consistent upward movement signals that the bulls are firmly in control, pushing DOGE closer to new territory.

Crypto analyst Trader Tardigrade has predicted that the Dogecoin price could hit double digits if it repeats historical patterns from the 2017 bull run. The analyst had previously predicted that Dogecoin could rally as high as $8.7 if it mirrors the 2017 bull cycle.

Dogecoin is currently in an accumulation phase, with market signals hinting at the potential for a significant rally that could push the asset to a new all-time high.