Dogecoin corrected some gains and traded below $0.1220 against the US Dollar. DOGE is now holding the $0.120 support but might decline further. DOGE price started a fresh downside correction from $0.1275. The price is trading below the $0.1225 level and the 100-hourly simple moving average. There was a break below a bullish trend line with support at $0.1245 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.1200. Dogecoin Price Trims Gains Dogecoin…
Tag: Dogecoin
Banks Are Pushing Bitcoin Into the Death Spiral
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Dogecoin Price Just Confirmed A Reversal With The RSI Divergence
Dogecoin’s price action on the daily timeframe is starting to show early signs that the downtrend may be losing momentum. The king of meme coins has been trading with months of declining price movement, but technical analysis shows it is now printing a technical setup that might become a turning point. A developing double-bottom structure combined with a clear RSI divergence is shifting attention back to the possibility of a reversal, even as Dogecoin’s price action is compressed near long-term support around $0.12. RSI Divergence Shows Weakening Bearish Momentum The…
Dogecoin Price Prediction: When This Triangle Breaks, the Next Move Could Be Violent
The meme coin continues to make lower highs and higher lows, compressing volatility into an increasingly narrow range. Each retest of the $0.123 support has held strong so far, hinting that pressure is building for a decisive move. Meanwhile, Dogecoin-linked ETFs are quietly gaining traction. On January 26, DOGE ETFs pulled in $246K in fresh inflows, bringing total investment to over $6.4 million, with Grayscale’s GDOG fund leading the charge. This tightening pattern and growing institutional interest suggest that when DOGE finally breaks out, the move could be fast and…
Dogecoin Price Prediction: Is DOGE About to Explode or Collapse? Here’s What No One’s Telling You
The chart shows DOGE printing lower highs and lower lows, with price repeatedly rejected along the upper trendline. At the time of writing, DOGE is around $0.1208, down sharply from the $0.30 area marked as the prior major high. The 200-day EMA is near $0.173, well above spot price, which confirms that DOGE remains in a broader bearish trend. DOGE Price Analysis: Exhaustion Is Building The daily RSI sits near 36.7, just above oversold territory. Historically, DOGE has seen reactive bounces when RSI holds this zone. Meanwhile, MACD remains negative,…
Dogecoin (DOGE) Bulls Make A Move — Then Slam Into Resistance
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…
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Dogecoin Wedge Breakout Could Be “Powerful,” Analyst Says
Dogecoin is potentially following a Falling Wedge right now, and this cryptocurrency analyst thinks a breakout from it may be a “powerful” one. Dogecoin Could Be Trading Inside A Falling Wedge Pattern In a new post on X, analyst Ali Martinez has shared a Falling Wedge that Dogecoin is potentially trading inside on the weekly timeframe. A “Wedge” is a pattern from technical analysis (TA) that forms whenever the asset’s price trades between two converging trendlines. A “Triangle” consolidation channel also involves converging trendlines, but the difference from a Wedge…
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Dogecoin Is A ‘Client-Statement Risk’ For Advisers: ETF Experts
Dogecoin’s attempt to join the institutional ETF lineup is running into a basic problem: institutions may not want it. In a Jan. 22 conversation on the Crypto Prime podcast, Bloomberg Intelligence ETF analyst James Seyffart and host Nate Geraci who is also the President of NovaDius Wealth Management said spot Dogecoin ETFs have attracted “near zero” demand so far, an outcome they tied to who typically buys DOGE, and how financial advisers think about reputational risk inside client portfolios. The Dogecoin datapoint landed inside a broader discussion about a crowded…