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Dogecoin News
Bitcoinist
4w
236
Image Credit: Bitcoinist
Dogecoin Open Interest Crashes Over $3 Billion Since January, Will The Bloodbath Continue?
- Dogecoin's open interest has crashed over $3 billion since January, indicating declining interest in its ecosystem among traders.
- Bearish sentiment in the broader crypto market has contributed to the decline in Dogecoin's open interest.
- Other bearish metrics, such as a significant decline in network activity and active addresses, suggest that the decline may continue.
- Despite the downtrend, some analysts believe that Dogecoin can still rally to the $1 target and potentially even higher in this market cycle.
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Newsbtc
4w
111
Image Credit: Newsbtc
Dogecoin Discount Incoming: Analyst Reveals When To Start Buying
- A crypto analyst projects a significant breakdown for Dogecoin, potentially reaching new lows at $0.125.
- The analyst suggests that this retracement will offer a discount for traders to buy in and accumulate.
- Traders are advised to wait for a short-term retracement to the critical resistance level at $0.24 before buying.
- On the other hand, Dogecoin's TD Sequential indicator on the daily chart has flashed a buy signal, indicating a potential price rebound.
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6 Likes
Cryptopotato
4w
165
Image Credit: Cryptopotato
Is Dogecoin (DOGE) Ready for a Comeback? Analysts Share Insights
- Bullish signals suggest a Dogecoin revival, with a breakout above $0.29124 potentially pushing the price to $0.50-$0.60.
- Concerns arise as DOGE’s network activity and futures trading volume plummet, with warnings of a potential crash to $0.06 if the valuation drops below $0.19.
- Some analysts believe Dogecoin is ready for a rebound as the TD Sequential indicator flashes a buy signal on the daily chart.
- However, worries persist as Dogecoin's network activity and futures trading volume decrease, potentially impacting investor interest in the meme coin.
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Livebitcoinnews
4w
160
Image Credit: Livebitcoinnews
Major Crypto Moves Incoming? DOGE ETF Approval May Spark This Trend
- DOGE ETF approval could spark a major price surge, attracting institutional investors and setting a new trend for altcoin investments.
- The approval of DOGE ETF would open doors for institutional investors to invest money in the market, causing prices to rise.
- The approval process for Dogecoin ETF is less complex, as the SEC has refrained from labeling Dogecoin a security product, making the approval process potentially easier.
- The approval of DOGE ETF would establish a potential new pattern for altcoin investments and may lead to the availability of more crypto ETFs in the future.
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TechJuice
4w
0
Image Credit: TechJuice
Bitcoin Surges Higher, Hits $86,602 Milestone
- Bitcoin (BTC) continued its strong momentum, surging to $86,602.13, after minor volatility.
- Other cryptocurrencies, including Binance Coin (BNB), Dogecoin (DOGE), and Ether (ETH), also saw gains.
- Pi Coin's price reached $2.97 but has dropped, with analysts predicting it to hit $500 by 2025.
- Bitcoin's current price is $86,505.93.
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Crypto-News-Flash
4w
98
Image Credit: Crypto-News-Flash
Dogecoin Primed for Massive 2,300% Move—Can DOGE Hit $5?
- Dogecoin's cup-and-handle pattern signals a bullish breakout, with analysts projecting a potential 2,300% surge toward the $5 mark.
- Some experts predict a massive run pushing DOGE to $10, based on past price cycles.
- DOGE is forming a classic cup-and-handle pattern, indicating a major move is imminent.
- Market conditions, adoption, and investor sentiment will determine whether DOGE can reach these price targets.
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Cryptopotato
4w
201
Image Credit: Cryptopotato
Meme Coins and AI Lose Big While Bitcoin Remains Strong: Report
- Bitcoin (BTC) has outperformed all other sectors in the crypto market this year, while meme coins and AI sectors experienced significant losses. AI-related sectors, including AI Frameworks and Agents, saw the most severe declines, followed by meme coins and Gaming Infrastructure. The results defy earlier market expectations, as traders anticipated AI-related projects and meme coins to lead the crypto space in 2025. However, meme coins have struggled to recover and their market capitalization has returned to November 2024 levels. Bitwise CIO Matt Hougan believes meme coins will collapse entirely within the next six months.
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12 Likes
Newsbtc
4w
398
Dogecoin Forms ‘Monster Falling Wedge’ Pattern: What It Means
- Crypto analyst Satoshi Flipper (@SatoshiFlipper) shared a chart of DOGE/USDT on Binance, highlighting a 'monster falling wedge' pattern.
- A 'falling wedge' is viewed as a potential bullish reversal pattern, and if Dogecoin breaks above the wedge's top boundary, it may see a bullish move to the $0.50 region by late-April.
- Some analysts, like Carlos Garcia Tapia (@CAGThe3rd), caution a potential retracement before a downward move, while others, like Suzzy | DeFi (@SuzzyDefi), are optimistic, looking at a strong support wick and expecting a move towards $0.25+.
- At the time of writing, DOGE is trading at $0.20635.
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23 Likes
Bitcoinsensus
1M
125
Image Credit: Bitcoinsensus
DOGE Rush Stalls: New Address Creation Drops by 97% Since November
- Following the incredible DOGE rush of the last 4 months, plans for continued Dogecoin growth have halted.
- Dogecoin is currently trading at $0.2054, down 3.37% over the last 24 hours, with a 38% drop over the past 30 days.
- Dogecoin network activity dropped by 97.6% over the last 4 months, signaling a significant decrease in user engagement.
- In November, the Dogecoin network saw a staggering 1.29 million new addresses created. However, since then the number has dropped considerably.
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7 Likes
Newsbtc
1M
286
Image Credit: Newsbtc
Long-Term Dogecoin Holders Are In “Denial” – On-Chain Metrics Expose Weakness
- Long-term Dogecoin holders are seeing diminishing unrealized profits or even slipping into losses, indicating growing uncertainty among investors.
- The recent downturn in Dogecoin has weakened investors' confidence in meme coins, and the upcoming week will be crucial in determining its recovery prospects.
- Dogecoin is currently trading at $0.21 after a sharp 19% drop, with ongoing selling pressure in the broader market.
- To initiate a recovery rally, DOGE needs to reclaim the key resistance level of $0.24, while traders should closely watch for a potential reversal in price action.
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17 Likes
Bitcoinist
1M
438
Image Credit: Bitcoinist
This Analyst Predicted The Dogecoin Price Crash Below $0.2, Here’s The Rest Of The Forecast
- Crypto analyst Bithereum predicts a bullish reversal for Dogecoin (DOGE) with a potential rally to $0.45.
- Bithereum suggests setting buy orders at $0.2 as a potential rebound level, with targets at $0.30998, $0.37154, and $0.45918.
- Similarities between current price action and last year's suggest a potential rally to $1.7, as highlighted by crypto analyst Trader Tardigrade.
- DOGE's critical trend line and low Relative Strength Index (RSI) point towards a strong reversal, according to crypto analyst Master Kenobi.
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26 Likes
Zycrypto
1M
349
Image Credit: Zycrypto
Dogecoin Gearing Up For 2,300% Rocket Move To $5 DOGE Price: Top Analyst Explains Why
- Despite the recent market downturn, a crypto analyst believes Dogecoin could see a significant price bounce.
- A cup-and-handle pattern on Dogecoin's price chart suggests a potential sustained run to $5 in the foreseeable future.
- Another analyst predicts a major breakout for Dogecoin, with a potential rally leading to a double-digit price of $10.
- Historical patterns indicate that Dogecoin has experienced significant price increases after massive corrections.
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21 Likes
Bitcoinist
1M
179
Image Credit: Bitcoinist
Dogecoin Price Crash To $0.2: Analyst Warns Of Further Crash To $0.15
- Dogecoin's price recently dropped to a three-month low of $0.20 amidst a broader cryptocurrency sell-off.
- Crypto analyst David_Perk warns that Dogecoin is still in a strong downtrend, indicating a potential further crash to $0.15.
- The recent dip in Dogecoin's price has erased a significant portion of its gains, and if it declines to $0.15, it would mark a near-total retracement of the late 2021 rally.
- Dogecoin is currently trading at $0.21, with the possibility of avoiding a further dip to $0.15 if it can maintain support at $0.20 and break above $0.25.
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10 Likes
Bitcoinist
1M
416
Image Credit: Bitcoinist
Dogecoin Price About To Complete 4th Falling Wedge Breakout Of The Cycle Toward $1
- Dogecoin price is potentially completing its fourth Falling Wedge pattern, suggesting a rally to $1.
- Previous breakouts from Falling Wedge patterns have led to strong price rallies, with the highest gain of 445% recorded in past cycles.
- Analyst predicts a powerful surge to $1.5, representing a 650% increase from the current price of $0.2.
- History shows that Dogecoin has rebounded swiftly after experiencing similar declines of over 55% in previous bull cycles, indicating a potential bull run in the future.
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25 Likes
Bitcoinist
1M
17
Image Credit: Bitcoinist
Dogecoin Price To $10 Still In The Works With These Developments
- Crypto analyst DOGECAPITAL believes that Dogecoin (DOGE) can still rally to $10 and higher in the current market cycle.
- The analyst points to indicators on the daily chart that have consistently identified Dogecoin's cycle tops.
- The 1442-day theory suggests that Dogecoin completes each cycle and reaches its final peak in the fourth year, aligning with the indicators.
- DOGECAPITAL predicts that Dogecoin could reach as high as $45 in the final phase of the bull cycle, based on historical patterns and various factors.
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