Dogecoin could decline by 25% to reach the $0.22 level - here are some conditions how.
The Dogecoin price is replicating a bullish fractal from 2021, signaling the potential for a price breakout to new highs. A crypto analyst has shared a price chart comparing this historically recurring fractal to Dogecoin's current trajectory, predicting a massive surge to new all-time highs by January.
The Dogecoin price is currently trading within a bearish setup as it continues to undergo correction following a remarkable price surge in the past two months. Nonetheless, technical analysis suggests that the leading meme coin is still trading in a bullish setup on the larger timeframe.
Although Dogecoin (DOGE) is experiencing short-term bearish sentiment, historical price movement suggests the meme coin could be building up for a potential rally toward a single-digit valuation.
Bears are more powerful than yesterday, according to CoinMarketCap.
Dogecoin whales buy 270M DOGE amid market dips, signaling confidence in DOGE's long-term growth. Analysts predict potential price surges based on historical patterns. The post Whales Scoop Up 270M DOGE as Prices Drop – Is DOGE About to Hit $10? appeared first on Cryptonews.
Despite bearish price action, Dogecoin (CRYPTO: DOGE) has seen a significant uptick in whale activity, fueling speculation of an impending bullish phase among traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3167 $46.7 Billion -4.2% -12.6% Shiba Inu (CRYPTO: SHIB) $0.00002171 $12.8 Billion -5.4% -9.7% Pepe (CRYPTO: PEPE) $0.00001738 $7.3 billion -6.9% -9.3% Trader Notes: Javon Marks highlighted historical patterns, suggesting Dogecoin could rise beyond the 1.
As data from CoinGlass reveals, Dogecoin (DOGE) traders have experienced severe liquidation over the past 24 hours. Notably, long position traders of the popular meme coin recorded significant losses compared to short positions.
Billionaire entrepreneur and popular television personality Mark Cuban is a well-known Dogecoin (CRYPTO: DOGE) bull. Over the years, the "Shark Tank" investor has used social media to voice favorable opinions about the meme cryptocurrency What happened: In one such conversation on X back in Jan. 2022, Cuban argued that DOGE had greater transactional utility than Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency.
Dogecoin is most likely stabilizing at the current price levels, and as the RSI indicates, things may finally improve. Everybody is wondering if this stabilization signals the end of its downward trend or if more drops are on the horizon.
Identifying compelling investments in the crypto market on a tight budget could be as easy as striking out those with large market sizes. Small-scale investors also overlook pricey cryptocurrencies like Ethereum (ETH), currently priced at $3500. Instead, to make the most gains from little investments, retailers have been betting on Dogecoin (DOGE).
Dogecoin (DOGE) value gained 426% in 2024 but is currently down to 243%. Despite this massive uptrend, can DOGE price hit the $50 or $100 mark?
Dogecoin has struggled to recover from its recent losses, with demand noticeably declining over the past few days. As the year draws to a close, many investors are choosing to sit out the volatility associated with this transitional period.
Riding political shifts, regulatory optimism and growing institutional interest, these three coins delivered monumental gains this past year.
A closely followed crypto analyst believes top memecoin Dogecoin (DOGE) is gearing up to unleash another parabolic rally.
The Dogecoin (DOGE) price has rallied back to $0.33 after falling as low as the $0.26s last week, and is forming a triangle pattern that could soon be the catalyst for a bullish breakout. The post Dogecoin Price Rallies to $0.33 – Will the Triangle Pattern Spark a Rally? appeared first on Cryptonews.
While widespread liquidations would be expected from the recent DOGE price crash, Dogecoin whales have embraced the downturn as a prime opportunity. Viewing the dip as a chance for a low market entry, these whales now purchase Dogecoin in large volumes, with the latest transactions recording a 270 million buy.
Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
PENGU meme coin jumps 28% as Pudgy Penguins creator challenges Dogecoin dominance. Is this the next big crypto contender? Here's what you need to know. The post PENGU Meme Coin Surges 28% as Pudgy Penguins Creator Takes Shots at Dogecoin – Can it Overtake DOGE? appeared first on Cryptonews.
Crypto analyst Trader Tardigrade has highlighted an interesting development in the Dogecoin price movement as it starts to trade within a range. According to technical analysis by the crypto analyst, Dogecoin is currently in a manipulation phase.
While top altcoins like Dogecoin (DOGE) and Ripple (XRP) are popular, the ROI is limited, making them less appealing to savvy investors. In contrast, DTX Exchange (DTX) is set for almost a 100% gain after its debut, scheduled to go live on Tier-1 exchanges in the coming weeks.
A crypto analyst, known as ‘CryptoSanders9563', disclosed in a report on TradingView that the Dogecoin price has broken out of a symmetrical triangle pattern. This technical pattern, signaling a bullish continuation for Dogecoin, is expected to trigger a price surge to a new target above $0.375.
Investors are keeping close track of the Dogecoin price, as the meme coin has recorded a surge of nearly 5% today, after a volatile trading recently. Besides, several market experts have recently sparked speculations with their comments on DOGE ETF, with many anticipating a potential launch in 2025.
As Bitcoin (BTC) continues to dominate headlines with its record-breaking surge, up 46% since November's election and 133% year-to-date, attention is shifting to altcoins that offer high potential at a lower price point.
The crypto market rebounded heading into Christmas Day, with traders hoping for a holiday rally of various crypto assets. Amid the expectations on the crypto market, whales, or large holders, are making significant moves.
As the Bitcoin price gained strength, the markets also turned bullish. Most cryptos initiated a strong recovery from the latest pullback, which has kept up the momentum of most of the altcoins.
SHIB's price tumbled by nearly 50% in weeks but is that all about to change?
Investors are preparing strategically for perfect returns looking for the next crypto to explode as Bitcoin soars to $107,000. The next crypto bull run has begun and it is anticipated to run through 2025, becoming essential to identify early high-potential projects to yield high gains.
Dogecoin network activity surges, raising adoption hopes while transaction volume highlights room for growth.
On Tuesday, Ali, a prominent voice in the crypto community, revealed that whale investors purchased a staggering 270 million Dogecoin (CRYPTO: DOGE) in less than four days. What Happened: On Christmas Eve, Ali took to X to announce the significant investment in Dogecoin.
The XRP chart shows a descending flag pattern, indicating that the asset has entered a critical phase. A possible decline is frequently indicated by this bearish continuation pattern.
Dogecoin faces stagnation as open interest drops severely and key support levels fail to hold.
Crypto analyst Ali Martinez has indicated that there is a looming parabolic rally for the Dogecoin price. Martinez predicted that the foremost meme coin could rally above $1 and reach as high as $20 if history repeats itself.
Analysts and investors alike have Dogecoin under the lens, particularly in light of recent forecasts indicating a possible price spike. Market analyst Javier Santini has made headlines with his forecast that Dogecoin could hit $4 within a week after an ongoing correction phase.
A Morgan Stanley expert has identified WallitIQ (WLTQ), an AI token, as one of the top crypto picks for 2025. While Dogecoin's fan base is growing as some analysts predict that the Dogecoin Price will soon hit the $30 mark, this Morgan Stanley expert has recognized a crypto diamond in the rough.
Cryptocurrency markets are trading higher on Christmas eve, prompting traders to predict a bullish end to the year. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,100.74 +5% Ethereum (CRYPTO: ETH) $3,478.79 +4% Solana (CRYPTO: SOL) $196.49 +6% XRP (CRYPTO: XRP) $2.31 +6.1% Dogecoin (CRYPTO: DOGE) $0.3338 +6.9% Shiba Inu (CRYPTO: SHIB) $0.0000231 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 158.7%.
According to widely-followed crypto influencer ‘artchick,' Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) will not be the main meme coin beneficiaries of a rally. The influencer's forecast hinges on Bitcoin (CRYPTO: BTC) maintaining its momentum and Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) outperforming.
The year 2024 marked a historic milestone for the cryptocurrency ecosystem. It witnessed the approval of the first Bitcoin and Ethereum exchange-traded funds (ETFs), signaling a seismic shift in institutional adoption.
The Pudgy Penguins (CRYPTO: PENGU) meme coin is seeing a surge in interest, fueled by new exchange listings, bullish sentiment and whale accumulation. What Happened: Onchain Lens data shows that a newly created wallet acquired 519.99 million PENGU tokens, valued at $14.72 million, via Binance.
TL;DR Dogecoin and other memecoins have seen a significant decline in social media dominance, with traders shifting focus to more established cryptocurrencies like Bitcoin. Santiment's analysis shows a notable decrease in the social dominance of top memecoins, suggesting waning investor interest and a shift towards stable cryptocurrencies.
The better-performing altcoins have lost between 20-30% during this downturn so far. However, in the memecoin niche things are a lot worse, with losses amounting to 40-60%.
Dogecoin (DOGE), the popular meme-inspired cryptocurrency, remains one of the most intriguing coins in the market as investors speculate on its ability to rally to $1 by 2025.
The volatility on the crypto market is thinning out, as showcased by key liquidation figures. Data from CoinGlass pegs shows that this total liquidation has been at $240 million in the past 24 hours.
The cryptocurrency market is on a tear this year. The value of all coins and tokens combined recently hit an all-time high of $3.8 trillion, more than quadrupling from its bear-market low point of $823 billion in 2022.
In April, Dogecoin (DOGE) Open Interest reached a yearly high of $12 billion but dropped massively between that peak and October. It rose again earlier this month but is now on the verge of declining to its lowest point since November 10.
Asset managers have been pushing to list exchange-traded funds (ETFs) that give investors direct exposure to other major cryptocurrencies beyond Bitcoin (BTC) and Ethereum (ETH). However, none of the pro-crypto investment managers has so far filed to introduce a Dogecoin ETF to Wall Street investors.
The crypto markets are heading towards the end of the year, which increases the optimism among the market participants. Bitcoin surged high to form a new ATH and is currently passive, which suggests the altcoins may take over the rally.