Good news for DOGE holders as a recent fractal analysis identified a familiar bullish pattern that could skyrocket the Dogecoin price to as high as $23 in the coming years. However, the recent Dogecoin (DOGE) momentum tells another story as double-digit losses threaten this pattern, leaving investors in limbo as to what the future holds.

The Dogecoin price action in the past 24 hours has been characterized by a fresh decline to retest support at $0.33. This recent decline in the past 24 hours is a continuation of the downtrend into 48 hours, which saw Dogecoin rejecting just below $0.40 after Bitcoin also rejected below $100,000 again.

Cryptocurrency markets are trading lower amid looming tensions of reduced expectations of Federal Reserve interest rate cuts and a potential massive BTC sell-off from the U.S. government. Cryptocurrency Price 24-Hour Gains +/- Bitcoin (CRYPTO: BTC) $91,400 -2.7% Ethereum (CRYPTO: ETH) $3,172 -3.2% Solana (CRYPTO: SOL) $182.4 -6.5% XRP (CRYPTO: XRP) $2.28 -1.4% Dogecoin (CRYPTO: DOGE) $0.3181 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00002088 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.6% and daily active addresses remaining relatively flat.

As noted by analyst Conor Grogan, just one Robinhood wallet owns $9.3 billion worth of Dogecoin (DOGE).

Shiba Inu finds itself at a critical juncture as bearish momentum intensifies, putting key support levels to the test. With the $0.00002045 mark under pressure, the token's ability to maintain this level could be decisive in shaping its short-term outlook.

Crypto analytics firm Santiment says that meme asset Dogecoin (DOGE) is set up for an explosive move to the upside if the digital assets market starts to rebound. According to Santiment, the top memecoin by market cap is ready for a breakout after plummeting more than 30% from its recent high of $0.

Dogecoin is experiencing a significant slowdown, marked by a decrease in investor interest and a decline in activity on social media. This trend contrasts with the past euphoria surrounding this cryptocurrency that originated from a simple meme.

With the general crypto market under severe pressure, Dogecoin has declined sharply, reaching as low as $0.327 on Wednesday. Despite the notable downswing in price, DOGE's potential to surge significantly in the current cycle may still be intact as past trends hint at a persistent bull phase.

A new report shows diverging sentiment across the biggest cryptocurrencies, despite market-wide downturn fears. Santiment, an on-chain analytics platform analyzed the top cryptocurrencies' based on social media trends over the past three months.

Dogecoin (DOGE -2.36%) is falling in Thursday's trading. The cryptocurrency's token price was down 3.9% over the previous 24 hours, as of 10:15 a.m.

Cryptocurrencies remained downbeat on Thursday, with most assets reflecting significant losses on their daily charts. While the crypto Fear & Greed Index switched from greed to neutral, Fetch.ai, Dogecoin, and Toncoin topped altcoin trends for various reasons. Let us find out more. Fetch.ai launches startup fund Crypto AI firm Fetch.

The Doge Army have infiltrated the US senate through Republican Senator Joni Ernst.

Dogecoin (DOGE) has again found itself in the crosshairs of market watchers, with a “blood in the streets” moment emerging according to data from on-chain analytics firm Santiment. The firm's latest research, shared on January 8 via X, highlights a series of negative MVRV (Market Value to Realized Value) ratios across the crypto landscape—encompassing Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Dogecoin.

Shiba Inu price, a meme-based cryptocurrency, has experienced a significant drop over the past week. This decline aligns with a broader downturn in the cryptocurrency market.

Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, is currently experiencing a price drop and is trading at $0.0000208, which, according to the Bollinger Bands, is quite close to the "oversold" zone — this is an important moment for traders to keep an eye on.

Dogecoin (DOGE) whales have massively increased their transactions within the last 24 hours, stirring curiosity in the ecosystem. According to IntoTheBlock data, over 60 billion DOGE have been transacted as whales actively engage in trading.

Patterns have started to emerge amid ongoing price volatility on the cryptocurrency market. There are signs of strong correlations between digital assets and traditional financial assets.

Shiba Inu (SHIB) price have fallen below the moving average lines. Cryptocurrency price analysis brought by Coinidol.com.

Dogecoin (DOGE), the meme-inspired cryptocurrency, is signaling a potential breakout, with a new all-time high on the horizon.

Five whale addresses now control an astounding 57% of the entire supply, or 565 trillion SHIB tokens, which is an interesting development in the on-chain dynamics of Shiba Inu. Considering such a large concentration of funds in the hands of a small fraction of investors is raising questions ahead of potential market volatility.

For those who believe in a continuance of the crypto bull market, and specifically as it pertains to memecoins, some of the crowd favourites (DOGE), (PEPE), and (BONK), are down at major support levels. Is now the time to buy?

Dogecoin (CRYPTO: DOGE) is seeing a disparity between bearish short-term price action and bullish social media sentiment driven rising social activity and increased accumulation by large holders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3267 $48.9 billion -6% -3% Shiba Inu (CRYPTO: SHIB) $0.00002121 $12.5 billion -4.4% -7.7% Pepe (CRYPTO: PEPE) $0.000017 $7.4 billion -4.2% -17.2% Trader Notes: Trader Tardigrade compared Dogecoin's current price pattern to its previous market cycle, highlighting the formation of a parallel channel suggesting a bullish outlook.

Dogecoin (DOGE) is gaining much attention as experts speculate it will surpass industry titans like Bitcoin (BTC) and XRP. During bull markets, Dogecoin has shown remarkable performance, and because of Elon Musk's influence on the market, this token may see a drastic change in its course in the coming months, stated WIZZ, a cryptocurrency analyst.

The Shiba Inu community has continued their effort in reducing the token's supply from the market but the recent burn rate drop has sparked concerns. According to recent data, the burning rate has declined significantly over the last 24 hours, with SHIB price also witnessing a similar trajectory.

The cryptocurrency market has been red hot lately, and top meme coins have been active participants in the powerful bull rally. Dogecoin (DOGE -3.74%) has rocketed 268% higher across the prior year's trading.

A recent report from Santiment indicates that Dogecoin's sentiment has hit a low point, prompting some analysts to suggest it may represent a buying opportunity.

Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on as co-head of a new advisory body, the Department of Government Efficiency, or DOGE.

Crypto experts anticipate the Dogecoin price could reach a $2 price point, predicting further gains despite the broader market's struggles. In 2024, the meme-based coin saw a remarkable 325% increase.

Billy Markus, a software developer who collaborated with Jackson Palmer to create the original meme cryptocurrency Dogecoin in 2013, has taken to his X social media account to repost a video extract from a recent speech made in the US Senate by Senator Joni Ernst (IA) from the Republican Party.

In crypto, history often repeats itself, and Dogecoin might be ready to take advantage.

Dogecoin maintains support at $0.34 following a 14% correction, with technical analysis suggesting potential for upward movement pending a break above the $0.43 resistance level.

Shiba Inu announces January 14 launch of TREAT token, completing its four-token ecosystem while experiencing market volatility with SHIB trading at $0.00002125, marking a new phase in the project's evolution from meme coin to digital network state.

The score is 1 out of 5 but there is talk of an investment opportunity for traders.

Santiment suggested that the drop could be a prime opportunity for contrarian investors to capitalize on Dogecoin's potential resurgence.

The SHIB community continues to actively remove meme coins from the circulating Shiba Inu supply. According to the data recently shared by the Shibburn tracking platform, the SHIB burn rate has plunged heavily in the last 24 hours.

On-chain intelligence platform Santiment says opportunistic traders may gain from the low levels of online chatter around leading meme coin Dogecoin (DOGE). In a Jan. 9 report, Santiment gave Dogecoin an optimistic crowd sentiment score of 1 out of 5, contrasting the positive sentiment rankings of 4 out of 5 for XRP and Solana.

Dogecoin faced a wave of selling pressure yesterday, marking a sharp 14% drop from the $0.39 level. This decline has sparked caution among investors, yet Dogecoin remains resilient, holding at a critical demand level.

Shiba Inu (SHIB) has long been known for its impressive growth, especially during the 2020/2021 bull market, where it soared by an astonishing 150 million percent in just 14 months. While its recent performance has been less spectacular, the SHIB community remains optimistic about its future potential.

Dogecoin crowd sentiment is at a low point, which could point to a buying opportunity before the crypto market starts moving higher again, according to Santiment.

After retracing below the psychological $100,000 threshold, Bitcoin has investors wondering if this is a short-term decline or a more substantial change on the market. As of right now, Bitcoin is trading at about $95,933, down 1.04% from the previous day.

The Shiba Inu (SHIB) community was left stunned when Crypto.com, one of the leading cryptocurrency exchanges, moved a massive 32.74 trillion SHIB—worth approximately $390 million—into an unknown wallet. The massive transaction, initially flagged by blockchain tracker Whale Alert, fueled various speculations, including concerns of potential hacks, whale activity, and market manipulation.

Wednesday was another trading session full of losses for all types of cryptocurrencies. Several macroeconomic news items from the previous day continued to push down sentiment, as did rising bond yields.

The Dogecoin (DOGE) price could be on the cusp of a massive price crash, as blockchain data reveals an uptick in Whales sending their tokens to major exchanges. The post Is Dogecoin Price About to Crash? Whale Sends 70 Million DOGE to Binance appeared first on Cryptonews.

Whale Alert, a prominent crypto and blockchain tracking platform, has spotted a massive DOGE deposit amid the Dogecoin price crash. This enormous deposit, involving over 70 million DOGE tokens, was moved by an anonymous whale to Binance, the world's largest crypto exchange.

Recent price movement points to a notable upside momentum for Dogecoin in the upcoming days as the general crypto market gains traction. However, certain indicators show that the dog-themed meme coin's next upward move might be tied to Bitcoin's price dynamics.

As the cryptocurrency market prepares for its next bull run, analysts issue a new Dogecoin price prediction while the market focuses on a promising new Ethereum token, WallitlQ (WLTQ). The latest market forecasts highlight Dogecoin's potential for explosive rallies and WallitlQ's soaring presale adoption, which could drive its price to new ATHs.

Cryptocurrency markets continued to slide lower on Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,201.98 -2.3% Ethereum (CRYPTO: ETH) $3,279.33 -3.2% Solana (CRYPTO: SOL) $194.57 -4.9% XRP (CRYPTO: XRP) $2.32 +1.9% Dogecoin (CRYPTO: DOGE) $0.3362 -4.8% Shiba Inu (CRYPTO: SHIB) $0.00002113 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 9% and daily active addresses falling by 0.08%.