Tag: Dogecoin

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Dogecoin Coils Up: Triangle Break Could Spark 40% Move, Analyst Says

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An analyst has pointed out how Dogecoin is consolidating within a triangle pattern that could set up a 40% move for the memecoin’s price. Dogecoin Is Trading Inside A Symmetrical Triangle Pattern In a new post on X, analyst Ali Martinez has talked about what the triangle that Dogecoin’s 12-hour price is trading inside right now could foreshadow for it. A triangle is a consolidation channel in technical analysis (TA) that forms whenever the price of an asset trades between two converging trendlines. The upper line of the pattern is…

Dogecoin Is Ready for a 40% Move: $1 Is Not a Dream Anymore?

Key Notes Dogecoin is consolidating inside a triangle pattern, with analysts eyeing a potential 40% breakout. ETF approval odds for DOGE have surged to 73% on Polymarket, raising hopes of institutional inflows. Short-term charts show a bearish Head & Shoulders pattern, with support at $0.22 and $0.188. Dogecoin DOGE $0.22 24h volatility: 1.7% Market cap: $32.95 B Vol. 24h: $2.75 B is once again at the center of market speculation, with analysts suggesting the meme coin could be gearing up for a major breakout. Crypto analyst Ali Martinez recently highlighted…

Dogecoin Eyes 1,000% Increase To Reach $2.55 ATH This Cycle

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Dogecoin is once again in the spotlight as market analyst Master Ananda outlines a bold outlook for its current bull cycle. Past cycles show that major moves in DOGE often unfold over many months, not weeks. Ananda highlights that the meme coin has already been in an uptrend for years, with strong momentum since 2022 and a clear breakout from October 2023.  While no one can predict markets with certainty, the analyst argues that the path of growth is already in motion, and price targets suggest a possible climb as…

After Monero Hit, Qubic Group Puts Dogecoin On Target List

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Qubic’s mining group has picked Dogecoin as its next target after claiming it briefly gained majority control of Monero’s network, according to reports. Related Reading The group said it reorganized six blocks on Monero and then asked its community to vote on which ASIC-friendly proof-of-work coin to test next. The vote came on Aug. 17. Community Picks Dogecoin Based on reports, Dogecoin won the vote with more than 300 votes. Qubic’s founder, Sergey Ivancheglo, shared that Dogecoin beat out Zcash and Kaspa in a public poll. The project says its…

Dogecoin Faces 51% Attack Threat, Price Under Pressure

Key Notes The community selected Dogecoin as its next target through a public vote while framing the attacks as “stress tests” of its useful proof-of-work model. The Monero incident caused Kraken to halt deposits and reignited concerns over the security of proof-of-work systems. Amid Grayscale filing for a spot Dogecoin ETF, analysts predict a 170% breakout in Dogecoin price to $0.6533. Following the 51% attack on privacy blockchain Monero last week, the latest chatter is that the Qubic community is now targeting Dogecoin. Sergey Ivancheglo, the project’s founder, announced the…

Dogecoin (DOGE) Battles Gravity, Can It Escape a Potential Freefall?

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Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE is now consolidating and might dip further below $0.2250. DOGE price started a fresh decline below the $0.2420 level. The price is trading below the $0.2320 level and the 100-hourly simple moving average. There was a break below a key rising channel with support at $0.2295 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it stays above the $0.2165 zone. Dogecoin Price Dips…

Dogecoin Price Forecast: DOGE Open Interest Nears $4B After Grayscale’s Latest ETF Update

Key Notes Grayscale files S-1 for spot Dogecoin ETF, expanding institutional push into meme coins. DOGE open interest rises 7.3% to $3.7B despite 42% trading volume decline. Price holds near $0.23, rangebound after testing $0.24 resistance on Sunday. Dogecoin (DOGE) extended its recent winning streak into Sunday, August 17, touching $0.24 in intraday trade and on course for its third consecutive day in profit. Dogecoin’s ongoing price rally has coincided with Grayscale’s filing of an S-1 registration with the U.S. Securities and Exchange Commission (SEC) to launch a spot Dogecoin…

Grayscale unleashes GDOG, Wall Street’s spot Dogecoin ETF

Grayscale has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot Dogecoin ETF. The ETF would trade under the ticker “GDOG” on NYSE Arca. Summary Grayscale files S-1 with SEC to launch spot Dogecoin ETF under ticker GDOG Coinbase Custody will safeguard DOGE holdings, with passive ETF structure DOGE trades at $0.23, showing no rally despite rising meme coin ETF filings The filing renames the current Grayscale Dogecoin Trust to the new Grayscale Dogecoin Trust ETF. It will also allow investors to gain…

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