Tag: Dogecoin

Dogecoin Bullish Echo: 1-2 Formation Returns As Price Breaks Key Channel

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Dogecoin is once again showing signs of history repeating itself, with its well-known 1-2 formation returning on the charts. After breaking out of its key $0.22–$0.24 channel, momentum is building as bullish signals align, hinting that the meme coin may be gearing up for another powerful move. Breakout From $0.22–$0.24 Marks End Of Consolidation Alpha Crypto Signal, in a recent update, revealed a significant development for Dogecoin, noting that the meme coin has successfully broken out of its long-standing horizontal channel. This channel, which had contained its price between $0.22…

Shiba Inu Joins The Ranks Of Dogecoin, XRP On Coinbase ETF Watchlist, The Next Big Thing?

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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…

DOGE Price Rally on Radar As Grayscale Submits S-1 for Spot Dogecoin ETF

Key Notes DOGE price technical setup shows bullish momentum ahead for an expected 50% upside. Grayscale has filed an amended S-1 with the SEC to convert its Dogecoin Trust into a spot ETF, aiming for an NYSE Arca listing. Analysts suggest the ETF developments and technical patterns could help reverse the current bearish trend and spark a price recovery. Dogecoin’s native cryptocurrency DOGE is once again on investors’ radar amid the latest developments around the Dogecoin ETF. Market experts believe that DOGE price could be eyeing a rally ahead, reversing…

Dogecoin Ready To Bark Again? Analyst Sees Path To $0.45

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An analyst has pointed out how Dogecoin could see a rally to $0.36 or even $0.45 if its price can manage to break past this resistance barrier. Dogecoin Is Retesting Upper Boundary Of A Parallel Channel In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) pattern forming in the 1-day price of Dogecoin. The pattern is a “Parallel Channel,” which forms when an asset observes consolidation between two parallel trendlines. There are a few different types of parallel channels, each with a distinct orientation…

Analyst Unveils 3-Month Prediction For Bitcoin, XRP, And Dogecoin

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A pseudonymous crypto analyst, known as Borovik on X, has released a bold set of three-month predictions for some of the largest cryptocurrencies by market capitalization.  Taking to the social media platform X, the analyst released a list of projected prices for Bitcoin (BTC), XRP, Dogecoin (DOGE), and other top-ranking cryptocurrencies Ethereum (ETH), Binance Coin (BNB), and Solana (SOL). The predictions show a strongly bullish stance for the coming quarter, though they also keep the current market cap rankings intact among these cryptocurrencies. Very Bullish Predictions For Bitcoin, XRP, And…

Crypto Analyst Tells Dogecoin Investors To Stay Sharp Amid Historical Bullish Setup

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The Dogecoin price had seen an initial run-up to $0.3 before the correction that brought it back toward $0.26 again. The aftermath of this has been uncertain price movements for the meme coin, especially as bulls and bears vied for control of the digital asset. At this junction, there is now a near equal opportunity for the price to actually go in either direction, and crypto analyst MyCryptoParadise has outlined the conditions that could favor either side. Why Dogecoin Price Is Still Bullish Despite the Dogecoin price decline, there is…

Massive Dogecoin Upside? Analyst Eye 111% DOGE Breakout Despite Heavy Selling

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Dogecoin (DOGE) has surged 13% this week, climbing to $0.282, despite heavy selling pressure from investors. Over $1.63 billion worth of DOGE, nearly 5.81 billion tokens, have been moved to exchanges in September, signaling profit-taking and caution among traders. Related Reading Long-term holders, who had previously offered stability, are also shifting assets according to the coin days destroyed (CDD) metric, often a sign of potential downside risk. However, the bullish rally remains strong, mainly driven by optimism about a possible spot Dogecoin ETF launch. This regulatory milestone, along with increasing…

Analyst Sets $5 Target For The Dogecoin Price If This Happens

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Crypto analyst CryptoELITES has predicted that the Dogecoin price could reach $5, providing a bullish outlook for the foremost meme coin. The analyst also mentioned what needs to happen for DOGE to reach this ambitious price target.  Dogecoin Price Eyes Rally To $5 If This Happens In an X post, CryptoELITES stated that the target for the Dogecoin price is $5 after a DOGE ETF launches. The analyst opined that a huge wave of institutional money is about to flow into meme coins very soon, with this money coming through…

Dogecoin Down 13% As Whales Distribute $181 Million In DOGE

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Is The Dogecoin Bottom In? Confluence Of Signals Says Yes

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The Dogecoin daily chart is clustering several classical support signals around $0.256–$0.265, as highlighted by Cantonese Cat (@cantonmeow) via X: “DOGE finding support. Tweezer bottom. 0.382 linear fib holding. AVWAP from cycle high holding.” On the Coinbase DOGE/USD one-day view shown, price is reclaiming the 0.382 Fibonacci retracement at $0.26537 while riding the Anchored VWAP drawn from the cycle high, with yesterday’s session marked at an open of $0.26840, high $0.27214, low $0.25680 and last $0.27119. Is the Dogecoin bottom in? | Source: X @cantonmeow What This Means For Dogecoin…