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Dogecoin News
Newsbtc
1w
59
Boom Or Bust? Dogecoin Awaits Critical Signal, Says Analyst
- Dogecoin is trading near $0.162, with analysts suggesting a critical moment that could lead to an upside breakout or a decline towards $0.14.
- An Elliott-wave analyst points out that the current price action for Dogecoin indicates an incomplete bullish trend and warns against assuming the worst is over.
- The analyst highlights key price levels to watch, with $0.158 being a critical support level. Breaking below this could signal a failed reversal attempt and a potential drop to $0.14.
- The future price movement of Dogecoin hinges on whether it can confirm a five-wave impulse, which would establish a bullish trend, or if it will face further consolidation and potential downside pressure.
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Bitcoinsensus
1w
210
Image Credit: Bitcoinsensus
Dogecoin Finds Support at 2-Year Trend Base—Open Interest Signals Cautious Optimism
- Dogecoin has faced significant selling pressure in June, with a nearly 30% loss in value over the last month, discouraging many holders.
- Despite the recent downward trend, technical indicators and macroeconomic reports suggest a potential shift in sentiment heading into July.
- Bitwise filed updated S-1 registration statements for Dogecoin ETFs with the SEC, signaling progress in the approval process.
- On-chain sentiment hints at cautious optimism among traders, with a positive funding rate and indicators suggesting a potential price recovery.
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Bitcoinist
1w
89
Image Credit: Bitcoinist
Dogecoin’s Chances Of An Upward Trend Continuation Increases With This Bullish Move
- Dogecoin has entered a bullish phase with upward momentum, aiming to reach the $0.17 resistance level as the broader crypto market remains optimistic.
- Trader Tardigrade identified a hidden Bullish Divergence on Dogecoin's 1-hour chart, signaling a potential uptrend continuation.
- The long-term 2-week chart indicates an ascending trend line for Dogecoin, showcasing resilience and potential for a significant rally beyond previous highs.
- Based on historical trends and technical signals, Trader Tardigrade predicts a notable rally for Dogecoin, with the price potentially surpassing its yearly high of $0.48 and revisiting the all-time high of $0.73.
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Blockonomi
1w
389
Image Credit: Blockonomi
Dogecoin Flashes Potential Rebound Signal as Analysts Eye 260% Upside
- Dogecoin rebounds from $0.14 to near $0.166 following a recent sharp drop.
- Analysts predict a potential 260% rally if DOGE establishes $0.18 as strong support.
- MACD and volume patterns indicate weakening sell pressure and a potential trend shift.
- DOGE's future upside depends on overall market strength and Bitcoin's momentum.
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23 Likes
TheNewsCrypto
1w
141
Dogecoin Builds Accumulation Base as Analysts Eye Bull Phase Return: Can DOGE Pump?
- Dogecoin has bounced back from recent lows and formed an accumulation base in the $0.162-$0.167 region, following a V-shape recovery.
- Technical analysts are observing patterns indicating a potential bullish phase for DOGE, based on Wyckoff accumulation theory and historical breakout patterns.
- Similarities are drawn between current price action and DOGE's 2024 performance cycle, with potential gains projected to reach $0.52, marking a new yearly high.
- On-chain statistics from IntoTheBlock support the accumulation narrative, showing increased user engagement and adoption with rising new and active addresses.
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8 Likes
TheNewsCrypto
1w
4
Musk Launches Dogecoin (DOGE) Skyward — Will Neo Pepe Coin ($NEOP) Clip Its Wings?
- Dogecoin's recent rally, fueled by Elon Musk, highlights its volatile, influencer-dependent nature.
- Critics warn of Dogecoin's vulnerability to short-lived gains and lack of innovation.
- Newcomer Neo Pepe Coin stands out with strong governance, DAO system, and innovation.
- Neo Pepe's structured presale, auto-liquidity mechanism, and transparency make it promising.
- Analysts predict a rivalry between celebrity-driven Dogecoin and innovation-driven Neo Pepe Coin.
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Crypto-News-Flash
1w
128
Image Credit: Crypto-News-Flash
Dogecoin’s $0.16 Lifeline Holds—Will July’s Momentum Finally Break the Buck?
- Dogecoin remains stable at the critical $0.16 support zone, hinting at a potential bullish reversal ahead with technical indicators showing market strength.
- Price movement saw Dogecoin bounce to $0.166 after dropping to $0.142, emphasizing the significance of the $0.142 to $0.160 support zone, historically pivotal for upward movements.
- Analysts predict further gains for Dogecoin, with price targets ranging from $1 to $1.25 based on bullish chart patterns and market sentiment.
- While technical indicators support a rebound, caution prevails due to declining daily trading volume and the possibility of a sharp drop if support at $0.16 is not sustained.
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TheNewsCrypto
1w
368
Dogecoin Price Prediction: Can DOGE Finally Hit $1 or Will Ozak AI Outperform It in 2025?
- Dogecoin (DOGE) is a popular meme coin with a current price of around $0.17, aiming to hit $1 by 2025 amidst competition from newcomers like Ozak AI.
- Experts have varying forecasts for DOGE, with predictions ranging from $0.12 to $2.02 by 2030, while Ozak AI is an early-stage project offering potentially high returns with its AI and decentralized data infrastructure.
- DOGE faces challenges due to its technical pattern and lack of real-world utility, needing significant shifts in sentiment or adoption to reach $1, while Ozak AI is positioned as a tech-driven project with real growth potential.
- Investors looking for explosive returns may find Ozak AI appealing for its 200x–300x growth potential to reach $1, based on its AI utility, decentralized tech, and early-stage funding, contrasting with DOGE's reliance on mass sentiment and celebrity endorsements.
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Bitcoinist
1w
158
Image Credit: Bitcoinist
Dogecoin Price On The Verge Of Massive Crash? The Setup To Pay Attention To
- Despite a recent Dogecoin price crash, the altcoin's chart displays bullish formations hinting at a potential upward trend.
- Key bullish indicators include the formation of a falling wedge pattern and signals like hidden bullish divergence in the RSI and a bullish divergence in the MACD.
- Reclaimed support levels and diminished liquidity at lower levels suggest a possible continuation of the bullish trend if buying momentum persists.
- However, a potential bearish scenario could unfold if Dogecoin fails to maintain support above $0.14 and experiences a significant breakdown, thereby invalidating the bullish outlook.
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TronWeekly
1w
119
Image Credit: TronWeekly
Dogecoin Eyes Breakout Rally, Can It Overtake $0.1750 Mark?
- Dogecoin is showing bullish signs trading above $0.160 and the 100-hourly SMA, with resistance levels at $0.1680, $0.1750, and $0.397, potentially leading to a breakout above $0.40.
- The DOGE/USDT pair has significant trading volume and a neutral-to-bullish RSI at 52.28, indicating a market sentiment favoring the bulls.
- Dogecoin has surged past key resistance levels and is consolidating above support zones around $0.1420. Technical indicators suggest buyers are defending gains, with potential upward movements towards $0.40.
- The formation of a rising channel pattern on the DOGE/USD hourly chart indicates potential resistance at $0.1680, with a breakout possibility towards $0.1750, $0.180, and $0.200 levels. Failure to sustain bullish momentum could lead to support tests at $0.1620 and $0.1550.
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Bitcoinist
2w
98
Image Credit: Bitcoinist
Dogecoin Insider Issues Warning To Community – What To Know
- Mishaboar, a respected figure in the Dogecoin community, issued a warning to newcomers about the importance of safeguarding seed phrases for crypto wallets.
- He emphasized that the actual coins are on the blockchain, not in the wallet, and losing the seed phrase could lead to permanent loss of access to cryptocurrencies.
- It's advised to keep multiple offline backups of seed phrases, as highlighted by mishaps where individuals lost access to their coins by resetting their cold wallets.
- Dogecoin's price has experienced fluctuations, rallying off support after a weekend sell-off, with recent trading hovering around $0.1667 but still showing a weekly decline of 2.9% according to CoinGecko data.
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Bitcoinist
2w
120
Image Credit: Bitcoinist
Dogecoin Flashes Possible Trend Reversal With Key Bullish Cross Approaching
- Dogecoin has experienced a significant price decline but is showing signs of a possible trend reversal according to analysts.
- Trader Tardigrade suggests a bullish comeback for Dogecoin as a key cross approaches on the Moving Average Convergence Divergence (MACD) indicator.
- A macro Cup and Handle pattern on the weekly chart indicates a potential significant rally for DOGE, with a predicted price target of $2.85 by 2026.
- Another analyst, Mind Trader, predicts a 260% surge for Dogecoin based on a previous move, expecting a break above the week 21 Simple Moving Average to reignite positive momentum.
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TheNewsCrypto
2w
257
Dogecoin Eyes $1 Target as Analyst Identifies July Rally Setup Following Support Bounce
- Analyst Chris foresees a potential Dogecoin rally to $1 or higher in July following a bounce from multi-year support trendline.
- Dogecoin's recent surge from weekly lows at $0.142 has validated key technical levels for a significant upward move targeting the $1 threshold.
- Other analysts like Galaxy Research and Javon Marks also predict a breakthrough of $1 for Dogecoin, with projections ranging from $1 to $1.40.
- The $1 target has gained widespread support, with technical analysis pointing to significant momentum and potential all-time high achievements if current support levels hold.
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15 Likes
Newsbtc
2w
223
Image Credit: Newsbtc
Dogecoin Price Closes Daily Candle With A Doji, What This Means
- Dogecoin price closed the daily candle with a Doji, indicating a potential trend reversal from downtrend to uptrend.
- Analyst Trader Tardigrade suggests a breakout after a Doji at the end of a downtrend could lead to Dogecoin's rally.
- Key levels to watch for Dogecoin include the $0.12-$0.142 range and weekly RSI above 38 to avoid a bear market structure.
- Trader Tardigrade predicts DOGE season could coincide with the coin's rally above $2, supported by bullish indicators.
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13 Likes
Newsbtc
2w
116
Dogecoin Flashes Rare Buy Signal—But One Move Could Ruin It
- Dogecoin is at a crucial point, showing bullish indicators but facing a risky setup.
- Key levels like the weekly 200 SMA, 200 EMA, and 0.382 Fib are significant for Dogecoin around $0.143–$0.127.
- An analyst suggested a possible uptrend from the recent $0.141 bounce, stressing the importance of $0.19 resistance.
- Despite recent gains, Dogecoin is still below major moving averages and needs to reclaim $0.19 for further upside.
- The weekly RSI is a critical indicator, with levels below 38 signaling potential breakdown of the $0.143–$0.127 range.
- Momentum indicators on various time frames present mixed signals, with caution advised if support fails.
- DOGE/BTC performance is crucial for Dogecoin's relative strength against Bitcoin.
- Analyzing Dogecoin alongside Bitcoin and USDT dominance is essential for a comprehensive view.
- Confirmation of a bullish trend above $0.19 is vital as Dogecoin faces uncertainty.
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