Este artículo también está disponible en español. Technical analysis of the Dogecoin price shows that the meme coin might be gearing up to outperform the market this month. Particularly, technical analysis of the Dogecoin/Bitcoin pair shows that an interesting bullish pattern has just emerged that could send Dogecoin on a journey to creating a huge bullish candle and a strong uptrend throughout the entire month. Double Bottom Pattern: A Bullish Setup For Dogecoin Dogecoin’s price action has been marred by a decline in the past seven days. This notable price…
Tag: Dogecoin
Dogecoin Whales Go Ham As They Buy 560M DOGE In One Week
Este artículo también está disponible en español. Dogecoin whales are making moves again, scooping up a whopping 560 million DOGE tokens in just one week, as market conditions become more favorable. This large-scale purchase underscores the renewed interest and growing confidence in Dogecoin’s future potential. As demand surges, crypto community members ponder the reasons behind the massive accumulation and the impact on the price of Dogecoin. Related Reading Dogecoin Whales Gobble Up 560 Million Tokens Dogecoin‘s biggest players are back in action, as reports from crypto analyst Ali Martinez reveal…
Third Dogecoin ETF Filing Goes Live From Grayscale, Is DOGE Gearing Up For Rally To $1?
Este artículo también está disponible en español. Asset manager Grayscale has become the third to file to offer a Dogecoin ETF, sparking a bullish sentiment in the DOGE community. This development has also raised the possibility of the Dogecoin price rallying to $1 soon enough. Related Reading Grayscale’s Dogecoin ETF Filing Sparks Optimism Of DOGE’s Rally To $1 Grayscale’s Dogecoin ETF filing has sparked optimism of a DOGE rally to $1. The New York Stock Exchange already filed the 19b-4 form with the US SEC to list and trade shares…
Can the Dogecoin price realistically hit $1 in February?
Dogecoin’s price rose for three consecutive days this week as the cryptocurrency market stabilized and following the launch of a new fund for accredited investors by Grayscale. Dogecoin (DOGE), the largest meme coin in the crypto industry, climbed to a high of $0.3340, gaining 12% from its lowest point this week. The primary catalyst for Dogecoin’s rebound was Grayscale’s announcement of a new investment fund. The company noted that Dogecoin had evolved from a meme coin into a tool for global financial inclusion. This development coincided with growing optimism among…
Dogecoin May Face An ‘Ugly’ Drop Before The Weekend: Analyst
Este artículo también está disponible en español. In a freshly shared four-hour chart of the DOGE/USDT trading pair on Binance, crypto analyst Carlos Garcia Tapia warns of potential downside for Dogecoin as weekend trading approaches. “If bears break this pattern, it’ll get ugly… especially since the weekend is coming,” Tapia warns. Dogecoin Price Crash Incoming? His chart posted via X depicts an ascending wedge formation running into a confluence of resistance between $0.338 and $0.343, as well as a notable support zone in the $0.31 region. The chart highlights higher…
Dogecoin Open Interest Climbs To $4 Billion Again After Market Rebound
Este artículo también está disponible en español. The crypto market is back up again after a recent decline like clockwork, and prices are starting to push up once more. Interestingly, this renewed momentum has seen Dogecoin open interest flipping from a negative threshold into a positive one. As the meme coin’s price gains traction, traders are once again pouring into derivatives markets, pushing the total open interest above $4 billion. Dogecoin Open Interest Surges With Market Revival According to data from Coinglass, Dogecoin’s total open interest has climbed back above…
Dogecoin Poised For A 30% Move—Is A Breakout Imminent?
Este artículo también está disponible en español. Once more, the price movement of Dogecoin draws attention. An analysis shows that DOGE may climb by 30% should positive momentum continue, therefore guiding the meme coin towards $0.43. Given Dogecoin’s signals of strength, traders are monitoring key technical levels to see whether a breakout is about to happen. Related Reading Dogecoin Gains Bullish Momentum In recent weeks, Dogecoin has been consolidating, but there are indications that a breakout is imminent. According to analysts, DOGE has set up solid support levels, and growing…
Dogecoin (DOGE) Signals New Upside Move: Can Bulls Take Charge?
Dogecoin found support at $0.3050 and recovered some losses against the US Dollar. DOGE is now rising and might aim for more gains above $0.350. DOGE price started a decent increase above the $0.315 and $0.320 levels. The price is trading near the $0.3320 level and the 100-hourly simple moving average. There was a break above a major bearish trend line with resistance at $0.330 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.340 and $0.3480…
Dogecoin Is Setting For A Massive Leg Higher – Analyst Sees Bullish Consolidation Above Key Level
Este artículo también está disponible en español. Dogecoin (DOGE) has been in a short-term downtrend for the past two weeks, shedding over 29% of its value since hitting a local high on January 18. The meme coin has faced consistent selling pressure, mirroring broader market uncertainty. However, this downtrend may be nearing its end as DOGE approaches key demand levels that have historically supported price recoveries. Related Reading Top analyst Scient shared a technical analysis on X, highlighting that Dogecoin is setting up for a massive leg higher. According to…
Bitwise Seeks SEC Approval for Dogecoin ETF—Will Meme Coins Go Mainstream?
Bitwise aims to launch a dogecoin ETF, tracking DOGE’s price directly. Will the SEC approve it? The industry anticipates more crypto ETFs in 2025. Bitwise Files for Dogecoin ETF Amid Growing Crypto ETF Trend Bitwise Investment Advisers LLC has formally submitted a registration statement to the U.S. Securities and Exchange Commission (SEC) for a proposed […] Source BitcoincryptoexchangeExchanges CryptoX Portal