Tag: Dogecoin

Dogecoin (DOGE) Slips Back Into the Red—Is Momentum Breaking Down?

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Dogecoin started a fresh decline below the $0.1450 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1420. DOGE price started a fresh decline below the $0.1450 level. The price is trading below the $0.140 level and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $0.1450 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.1420 and $0.1450. Dogecoin Price Dips Further…

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Dogecoin Price Set To Surge As Sellers Show Signs Of Exhaustion

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A new technical analysis shared by crypto analyst BitGuru on the social media platform X shows that Dogecoin is trading at an important price level that could set the stage for an upward shift. His chart shows a familiar structure forming at a major support level, one that has acted as the starting point for a previous rally in the year. The price action now developing is similar to this earlier setup, showing that Dogecoin may be preparing for another recovery move above $0.2. Dogecoin Returns To An Important Support Zone…

Dogecoin Stabilizes Above Key Support as Adoption Rises and Long-Term Outlook Strengthens

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Dogecoin (DOGE) is, in another consecutive week, settling into a familiar pattern: holding firm at a crucial support zone while market participants weigh technical signals, shifting adoption trends, and the ever-present influence of its community. Related Reading As the token trades around $0.14, its price behavior reflects a broader phase of consolidation, characterized by tighter volatility and increasing on-chain engagement. With new real-world use cases emerging and traders watching for a breakout, DOGE’s long-term trajectory is becoming a point of renewed discussion. DOGE’s price trends to the downside on the…

Dogecoin (DOGE) Knocked Back From Resistance—Can Bulls Regain Control?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Here’s How High The Dogecoin Price Will Go Once The MACD Bullish Cross Happens

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The Dogecoin price has been drifting through a subdued stretch over the past few days, holding around the mid-$0.13 to $0.14. The recent decline has slowed down in the past 48 hours, and the chart now shows the meme coin attempting to steady itself after weeks of persistent selling pressure. Trader Tardigrade, a well-known crypto analyst on X, shared a new three-day chart suggesting that an important MACD signal is on the verge of forming, and historical performance shows that Dogecoin tends to move bullish once this signal appears. Approaching…

Why Everything Is Selling Off (Starting With Bitcoin)

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

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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

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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

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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…