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.
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.
Cryptocurrency prices plunged on Tuesday, extending a downtrend that began in November last year. Bitcoin (BTC) fell below the critical support level of $89,220, reaching an intraday low of around $86,000.
The Dogecoin network has experienced a significant drop in on-chain activity, including a notable decline in whale buying pressure.
Dogecoin's breakout from a symmetrical triangle failed to hold bullish momentum, triggering a price drop.
Fox News contributor and former FBI special agent Nicole Parker weighs in on Kash Patel running the FBI and what to expect from the agency under Donald Trump's presidency.
The cryptocurrency market faced a sharp downturn over the past 24 hours, with Bitcoin (CRYPTO: BTC) dropping to a low of $87,115 before stabilizing at $88,850, marking a 7% decline. Ethereum (CRYPTO: ETH) saw an even steeper drop of 10%, trading at $2,420.
DOGE launched a ranking system to track agency cost-cutting, claiming $65B in savings, though $38B remains unverified.
Bitcoin plunged to a three-month low below $88,000 Tuesday morning, dragging the wider crypto market down with it.
Economist Torsten Sløk warns DOGE-related layoffs could reach 1 million, impacting federal contractors amid Trump and Musk's spending cuts.
CryptoQuant CEO Ki Young Ju is shaking up the idea of “Altcoin Season” as we know it, suggesting that only a select few altcoins will thrive in 2025. Unlike past cycles, where almost all altcoins are pumped together, Ju believes this bull run will favor projects with strong projects with real-world use cases.
Dogecoin has experienced a 5% price drop, falling below $0.25 to test the $0.2050 support level, and now faces a critical juncture with $0.20 serving as a major support while resistance at $0.2180 could determine if recovery is possible.
Sam Bankman-Fried has evidently posted tweets from prison after a period of silence. His online remarks on Elon Musk's X, the first in more than two years and since his incarceration following the collapse of FTX, contain reflections on workforce management and broader industry trends.
Ether is on the verge of slipping into a death cross, an ominous momentum indicator, with a mixed record of predicting price trends.
Shiba Inu (SHIB) has dropped to its lowest price point in four months, leaving investors searching for alternatives with stronger momentum. Three cryptocurrencies—XRP, Dogecoin (DOGE), and Rexas Finance (RXS)—are emerging as potential contenders.
DOGE, SHIB, PEPE, and BONK are seeing massive losses, while BTC and XRP continued to outperform, maintaining significant post-election price gains.
Dogecoin (DOGE) price has slipped to test a multi-month support level of $0.20 after the broader crypto market retraced, causing a record $880M in liquidations within 24 hours. The decline in DOGE price forced the closure of many long positions, leading to a drop in open interest.
XRP, BNB, and DOGE are facing key technical breakdowns, triggering fresh downside risks. Will these dips lead to deeper losses or present new buying opportunities?
The crypto markets are witnessing massive sell-offs, which have dragged the major cryptos below their pivotal support levels. Bitcoin dropped below $94,000 initially and later formed the bottom below $92,000 and interestingly, it does not appear to halt the ongoing bearish trend.
The directors of the Securities and Exchange Commission's regional offices will reportedly be soon out of a job as the agency looks to cut costs.
Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE tested $0.2050 is now consolidating below the $0.2250 resistance.
Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market growth.
On-chain data shows the activity on the Dogecoin network has witnessed a notable drop recently. Here's what this could mean for DOGE's price.