Tag: Dogecoin

Dogecoin Price Knocks Off Second Major Correction, When Will The Recovery To $1 Resume?

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Este artículo también está disponible en español. Dogecoin is beginning to regain momentum after a sharp drop in the early hours of January 3, a move that liquidated many traders who had been betting on continued upside. This decline wasn’t just another pullback, as it marked the most significant Dogecoin price drop in six months. As noted by technical analyst Kevin (@Kev_Capital_TA), Dogecoin has just completed its second major correction in this ongoing bull cycle. Notably, the next move is a push towards $1 for Dogecoin. However, whether this recovery…

Dogecoin Crashes 40%, But This Analyst Sees A Bullish Setup

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Este artículo también está disponible en español. In a dramatic reversal, Dogecoin (DOGE) plunged from around $0.34 as low as $0.20, wiping out nearly 40% of its value before finding tentative stability near $0.25 at press time. However, crypto analyst “Coosh” Alemzadeh (@AlemzadehC) maintains a bullish long-term outlook, sharing a weekly chart of DOGE/USD and remarking, “DOGE: Looking really good here,” despite the recent turmoil. Why Dogecoin Is Still Looking Bullish The unexpected news of new tariffs by the Trump administration on major trading partners like China, Mexico, and Canada…

Crypto Liquidations Cross $2.22 Billion, Here’s How Much Dogecoin Traders Lost

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Este artículo también está disponible en español. The entire cryptocurrency market has experienced a steep decline over the past 24 hours, with its total market cap plunging by double digits following a barrage of volatile price swings. Unsurprisingly, this sharp downturn has led to widespread liquidations among multiple assets within the past trading day. Notably, this wave of liquidations has led to over $2.22222 billion being wiped from cryptocurrencies in the past 24 hours.  According to Coinglass data, Dogecoin traders have witnessed significant losses, with numbers placing the meme coin…

Dogecoin (DOGE) Plunges to $0.20: Is This the Bottom or More Pain Ahead?

Dogecoin declined heavily below the $0.280 support against the US Dollar. DOGE is now recovering and might face hurdles near $0.270. DOGE price started a fresh decline below the $0.2850 and $0.2650 support levels. The price is trading below the $0.280 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.270 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.250 and $0.270 resistance levels. Dogecoin Price Dives…

Is Dogecoin Mirroring Pepe? A Drop To $0.2 Could Be Imminent For DOGE

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Dogecoin (DOGE) has enjoyed extra attention from investors, especially since Donald Trump took office and put Elon Musk in charge of D.O.G.E. — an acronym for Department of Government Efficiency. However, this interesting relationship is not particularly reflected in the price of the meme token. In fact, the meme coin market has been reeling from the liquidity-gulping effect of the TRUMP token and other political tokens that followed its launch. According to data from CoinGecko, the meme market cap stands at around $93.5 billion, reflecting an almost 10% decline in…

Pattern Suggests Dogecoin May Lead Crypto Market This Month

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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…

Dogecoin Whales Go Ham As They Buy 560M DOGE In One Week

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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?

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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…