While speculators may be quick to rule out Dogecoin after its two-month decline, one analyst sees a major “buy-the-dip” opportunity. The post Is Dogecoin About to Shock the Market? Analysts Eye a Breakout to $6 appeared first on Cryptonews.

Bulls seem unable to hold the initiative for long, according to CoinMarketCap.

Dogecoin (DOGE) and Shiba Inu (SHIB), the two largest meme cryptocurrencies (dog-coins) by market capitalization, are both in worst performer list today. Meanwhile, once-leading meme coins like Floki (FLOKI), Dogwifhat (WIF) or Murad's pick SPX6900 (SPX), are losing steam in the top 100.

Analysts from QCP Capital suggest that while a rate cut is unlikely, any dovish signal could ignite upside momentum for bitcoin, potentially lifting altcoins in its wake.

Bloomberg Senior Commodity strategist Mike McGlone has cautioned that meme cryptocurrency Dogecoin (DOGE) could play a surprising role in destabilizing financial markets.

Dogecoin (DOGE) price has crashed by over 70% after hitting $0.48 in December 2024. Interestingly, the memecoin's richest holders have accumulated during the price declines, indicating their confidence in a potential rebound in the coming weeks.Dogecoin onchain metrics hint at price rebound Onchain data from Santiment shows that wallets holding at least 1 million DOGE have increased by 1.24% since early February, despite declining prices.

Dogecoin (DOGE) is eyeing the $1 price tag amid a 37% decline in the past 30 days while investors continue to accumulate during the dip.

Could this help accelerate the start of a shift from Bitcoin maximalism?

Amid the broader crypto market uncertainty, Dogecoin price has been showing strength flirting above the crucial support of $0.16 with increased address activity and heavy accumulation by DOGE whales. On-chain indicators and technical charts have both shown strength that could help the meme coin achieve new heights from here onwards.

In a series of posts shared on X, crypto analyst Kevin has mapped out a bullish scenario for Dogecoin and altcoins should the US Federal Reserve shift its monetary policy toward easing later this year. Pointing to both fundamental and technical indicators, Kevin contends that current Federal Reserve policies will define the exact moment altcoins begin to decisively outperform Bitcoin (BTC).

A crypto analyst's long-term technical analysis of the Dogecoin price highlights a repeating historical pattern from 2021. The analyst suggests that if Doge‘s price action can completely mirror this trend, it could trigger a rally above $10.

Analysts suggested that Dogecoin, Elon Musk's favorite meme coin, might face a price decline and possibly plummet to below $0.15 after miners dumped a huge volume of tokens.

Crypto markets are in a holding pattern ahead of Wednesday's Federal Reserve meeting and other crucial macroeconomic data. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $84,316.40 +1.1% Ethereum (CRYPTO: ETH) $1,938.92 +2.5% Solana (CRYPTO: SOL) $129.46 +1.6% XRP (CRYPTO: XRP) $2.36 +2.2% Dogecoin (CRYPTO: DOGE) $0.1747 +3.3% Shiba Inu (CRYPTO: SHIB) $0.00001304 -1.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.3% and daily active addresses up by 2.6%.

Crypto analyst DOGECAPITAL has provided an ultra-bullish outlook for the Dogecoin price, suggesting it could rally to as high as $80. The analyst's chart also hinted at when the foremost meme coin could reach this ambitious price target.

The crypto market has had a bearish start to the week, with most cryptocurrencies trading in the red. However, some have managed substantial gains, including Toncoin (TON), Polkadot (DOT), Hedera (HBAR), and Litecoin (LTC).

Prominent crypto chart analyst Ali Martinez has shared insights into his trading strategy, demonstrating how disciplined execution and risk-reward balance have helped him generate significant profits despite occasional setbacks. What Happened: In an X post on Monday, Martinez emphasized that losses are an unavoidable part of trading but managing them effectively ensures that winning trades outweigh the losses over time.

Bitcoin (BTC) has largely stayed above $80,000 since March 11, indicating that the bulls are not waiting for a deeper correction to buy. However, the failure to propel the price above $86,000 shows that the bears have not given up and continue to sell on rallies.CoinShares' weekly report shows that cryptocurrency exchange-traded products (ETPs) witnessed $1.7 billion in outflows last week.

The sentiment across the cryptocurrency landscape appears confusing due to huge price fluctuations. Amid this, Dogecoin (DOGE) the popular and the world's largest crypto meme coin formed a bullish price action pattern and is poised for massive upside momentum.

Dogecoin has been drifting around the $0.17 price level and has struggled to find bullish direction in a market that remains overwhelmingly bearish. Crypto prices have been bleeding across the board, with Bitcoin and other major assets showing signs of exhaustion.

Dog-themed cryptocurrency Dogecoin (DOGE) is currently at a critical juncture as it faces a big price test. According to crypto analyst Ali, DOGE is "at the edge," with the question now whether Dogecoin will break out or stand firm.

Dogecoin (CRYPTO: DOGE) has seen a sharp 38% decline in the past month, wiping out its annual gains despite multiple catalysts for a broader crypto market rally. What Happened: Launched in March 2015, Dogecoin traded relatively flat until May 2021.

Dogecoin is showing signs of stabilization after a prolonged sell-off.

Recent weeks have seen Dogecoin struggle due to increasing selling pressure and technical issues that could endanger its place on the cryptocurrency market. In the meantime, Cardano (ADA) is getting closer to overtaking DOGE in terms of market capitalization, suggesting that the rankings may change.

Ominous pattern recently emerged on the price chart of the most popular meme cryptocurrency in the world, Dogecoin (DOGE). The talk is about the 23-day moving average crossing from an upside down to a 200-day moving average, which forms a figure of technical analysis better known as death cross.

Dogecoin activity has been surging from late February to the current period despite price being in a downtrend suggesting accumulation at discounted levels.

The crypto market keeps evolving, and investors always want to find the next big thing. Dogecoin (DOGE) and Ripple's XRP have been big names in crypto for a while, but Rexas Finance (RXS) might beat them both in 2025.

Dogecoin's price could skyrocket to $1.1 by June, analysts say, as historical patterns and whale activity signal a potential bull run.

The US government is inching closer to setting up a crypto strategic reserve after President Trump's executive order earlier this month, which could bode well for XRP rivals. Last week, Congressman Byron Donalds tabled the “Reserve & Stockpile Act” that will turn Trump's plan to buy XRP, Bitcoin, Ethereum, ADA, and Solana into law.

The cryptocurrency market witnessed a significant rebound last week, ably supported by leading memecoins and Telegram-linked Toncoin. What happened: BNX, the native token of the GameFi platform BinaryX, topped the gainers list, exploding over 60% over the week.

Dogecoin (DOGE) is struggling to reclaim the crucial $0.20 level, trading around $0.17 amid persistent market volatility. This psychological and technical barrier remains a major challenge for the meme coin, with strong resistance blocking further upside momentum.

Russian crypto miners are increasingly turning their attention to Dogecoin (DOGE) and other altcoins, with a lessening focus on Bitcoin (BTC), a leading lawmaker has claimed. The post Russian Crypto Miners ‘Turning Their Attention to Dogecoin' – Lawmaker appeared first on Cryptonews.

At this crucial point, a significant resistance level will probably dictate the next significant move for Bitcoin. The 200-day Exponential Moving Average (EMA), which has served as both support and resistance in past cycles, is a major obstacle for Bitcoin, which is currently trading close to $84,000.

The Dogecoin (CRYPTO: DOGE) network has seen a massive 400% surge in activity. The number of active addresses is now approaching 395,000, indicating a significant increase in interactions with DOGE.

Something is shifting on the Dogecoin (DOGE) network, and it is happening fast. On-chain data reveals that active addresses have surged by a staggering 400%, now approaching 395,000.

Dogecoin miners have offloaded significant holdings, raising concerns over potential selling pressure.

The Dogecoin and XRP prices are jumping again, having witnessed massive declines earlier this week alongside the broader crypto market. This price surge occurred due to several factors, including the regulatory clarity which XRP could soon attain with the Ripple SEC settlement on the horizon.

The Dogecoin price is gearing up for a significant break out to new upsides, as a crypto market expert shares a key technical analysis to support this prediction. The analyst believes that Dogecoin can skyrocket to $0.65 if it can maintain key support levels and avoid a further price breakdown.

Expectations about the launch of a Dogecoin (DOGE) Exchange-Traded Fund (ETF) and its impact on price have continued to dominate the market. Some experts think DOGE could hit as high as $50 if asset manager BlackRock files for a DOGE ETF this year.

Crypto trader Ali Martinez is highlighting a layer-one altcoin that could appreciate by 30x. Martinez tells his 132,300 followers on the social media platform X that Solana (SOL) is developing a cup and handle pattern on the weekly time frame that could lead to a 2,915% surge.

The price of Dogecoin (DOGE) fell to a low of $0.14 but then recovered.

Billy Markus, a famous X personality who co-founded the iconic meme cryptocurrency Dogecoin in 2013, has intrigued his 2.2 million followers on the X platform with a chart showing a price of unnamed asset going down rapidly.

Buyers are more powerful than sellers at the beginning of the weekend, according to CoinMarketCap.

Binance, the largest cryptocurrency exchange, is experiencing relatively intense Dogecoin (DOGE) trading activities. The meme coin's trading volume on the exchange jumped 12% to reach a staggering 648,235,545 DOGE in the last 24 hours as market participants traded the asset.

Dogecoin (DOGE), a dog-themed cryptocurrency, is in the spotlight as its network activity experiences growth. According to on-chain data from Santiment shared by crypto analyst Ali, active addresses on the Dogecoin network skyrocketed by 400%, reaching nearly 395,000.

Dogecoin has faced continued selling pressure, losing the $0.17 support level in the past 24 hours. This price decline comes amid broader market decline, which has seen the meme coin also struggling to regain momentum.

Dogecoin price has bounced back from its crucial support levels at $0.16, trading 2.54% up, and moving back to its weekly resistance of $0.175. On-chain data also shows that the DOGE address activity has surged by 400% amid strong investor sentiment.

Dogecoin (DOGE) experienced a sharp rally on Sunday following former President Donald Trump's announcement of a U.S. “Crypto Strategic Reserve.”