Tag: Dogecoin

Analyst Says Dogecoin Price Is Ready To Fly, Here’s Why

boss

Dogecoin has been bleeding lower in recent days, grinding back toward the mid-$0.13 band. Sellers have been in control of most candles in the past 24 hours, and each attempt at a rebound has faded quickly, leaving Dogecoin stuck near the bottom of a range. One crypto analyst on X has focused attention on an important technical level on the 2-day chart. Even though price action looks weak, Dogecoin is now sitting right on a long-term support zone inside a descending triangle pattern, and this area could become the launchpad…

This 11.7 Billion Dogecoin Wall Could Be Key Resistance For DOGE, Analyst Says

boss

An analyst has pointed out where a key resistance could be located for Dogecoin, based on on-chain supply distribution data. Dogecoin Has A Large Supply Cluster Present At $0.20 In a new post on X, analyst Ali Martinez has talked about where resistance lies for Dogecoin based on Glassnode’s Cost Basis Distribution (CBD). The CBD is an indicator that tells us about the amount of DOGE supply that was last acquired at the various price levels that the memecoin has visited in its history. Below is the chart shared by…

Trend Reversal Puts Dogecoin On A Path To $0.188

boss

Dogecoin has quietly been trying to find its footing again. The price has started to firm up after a period of declines that dragged the meme coin to as low as $0.134 in early December, trading around $0.14 to $0.15 and showing signs that bearish pressure might be easing.  In that backdrop, a recent chart analysis shared by crypto analyst BitGuru on X shows that Dogecoin could be forming a bullish base, and it offers a possible setup for a rebound towards $0.2. A Recovery Attempt Begins To Take Shape…

Dogecoin Price Alert: Why $0.20 Is Battle Line

Key Notes DOGE faces a heavy 11.72B token supply wall near the twenty cent zone. Active addresses surge to the highest level since September. ETF flows reach a combined $2.85M, though inflows paused on December 4. Dogecoin DOGE $0.15 24h volatility: 1.6% Market cap: $22.41 B Vol. 24h: $1.11 B price remains trapped under a long descending trendline on the weekly chart, which shows a clear and massive accumulation around the twenty cent mark. A massive 11.72 billion tokens remain concentrated in the $0.2028–$0.2044 band, as per prominent analyst Ali…

Dogecoin Price Can Stage A 96% Rally If It Breaks This Falling Wedge Pattern

boss

Dogecoin has spent the majority of the past 30 days drifting lower, falling into a tight and almost predictable rhythm of lower highs and lower lows. The movement has been sluggish, but technical analysis shows that something important may now be forming.  A new analysis shared by crypto commentator Clifton Fx suggests that Dogecoin is approaching the end of this decline, and the chart he posted highlights a falling wedge pattern that could become the basis for a 96% rally if buyers finally step in with conviction. A Falling Wedge…

Bullish Setup Emerges for Dogecoin as Price Action Tightens and Market Signals Turn Positive

boss

The Dogecoin (DOGE) price movement is entering a phase that traders often watch closely, a stretch of tightening action that usually precedes a decisive move. Related Reading After several days of elevated activity, shifting ETF flows, and a rare alignment of technical indicators, the memecoin is now sitting at a point where sentiment and structure appear to be converging. The conversation around Dogecoin is beginning to shift from short-term speculation to whether the asset is preparing for a larger breakout as the year closes. Recent trading sessions have highlighted a…

Is The Dogecoin Bottom In? This Price Level Could Be The Tell

boss

Dogecoin is staging a sharp rebound from a key technical level that one analyst has flagged as the potential low of its current correction. Is The Dogecoin Bottom In? On X, crypto analyst Kevin (@Kev_Capital_TA) highlighted the $0.138 region as the decisive line. Posting a weekly DOGE chart, he wrote: “$0.138 still holding strong on Dogecoin. If DOGE can hold this level (Macro .382 + 200W SMA) and BTC + USDT hold their respective support and resistance levels then $0.138 will be the lows for this corrective period. Still got…

Are Dogecoin Whales Leaving The Meme Coin? Large Transactions Crash To 2-Month Lows

boss

Dogecoin’s recent price action has taken an unexpected turn as on-chain data shows whale transactions collapsing to levels not seen in two months. This lack of activity from whale addresses has seen the meme coin falling to an important support area, and it raises the question about whether big players are stepping back from the meme coin. Dogecoin Whale Activity Falls To Its Lowest Level In 60 Days Data from on-chain analytics platform Santiment reveals that large transactions on the Dogecoin blockchain recently fell to as low as just 4…

21Shares Amends Dogecoin ETF Filing, Here’s What Is New

Key Notes 21Shares has now added a 0.50% management fee for its spot Dogecoin ETF. It revealed that Bank of New York Mellon, Anchorage Digital Bank, and BitGo will act as custodians. DOGE price jumped by 11% following the announcement. Asset management firm 21Shares has updated its Dogecoin DOGE $0.15 24h volatility: 10.8% Market cap: $22.87 B Vol. 24h: $1.80 B Exchange Traded Fund (ETF) filing with the US Securities and Exchange Commission (SEC). It added a few details, including the management fee of the product. Unlike many other potential…

When Will Bitcoin, Ethereum, And Dogecoin Go Into A Bear Market?

boss

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including…