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Dogecoin News
Newsbtc
2w
405
Crypto Analyst Predicts $4 Dogecoin After Exhausted Selling Phase
- Crypto analyst predicts a $4 Dogecoin target after an exhausted selling phase.
- The pseudonymous technician, Cantonese Cat, suggests that Dogecoin's consolidation phase is a prelude to a potential breakout towards $4.13.
- Despite retail sentiment turning negative, the analyst sees the current phase as a typical retracement in a bull market.
- Analyzing various time frames, he points out bullish patterns like a cup-and-handle formation and Adam-and-Eve double bottom.
- On a monthly chart, Dogecoin is consolidating beneath a thick Ichimoku cloud, indicating a buildup of energy for a significant move.
- The lack of selling volume on exchanges like Coinbase and Binance suggests a shift from supply to demand dynamics.
- Technical indicators, such as bullish divergence on the RSI, support the potential for a trend change and higher price targets.
- Potential Fibonacci targets for Dogecoin include $1.60, $2.26, and $4.13, with the analyst ruling out a repeat of the 2021 parabolic rally.
- The analyst views the current market pessimism as an opportunity for accumulation, foreseeing a bullish outcome based on multiple indicators.
- While the timing of the breakout remains uncertain, the overarching trend remains upward as per Cantonese Cat's analysis.
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Cryptopotato
2w
413
Image Credit: Cryptopotato
Pi Network’s Major Achievement, Ripple (XRP) Price Shock Coming, and More: Bits Recap June 20
- Pi Network's Core Team celebrated 100 days since launching the Open Network, highlighting key developments like Pi Network Ventures.
- DOGE's price has consolidated between $0.16-$0.18, with predictions of a potential 60% price swing.
- Ripple's XRP is showing signs of upcoming volatility, with Bollinger Bands indicating a significant move.
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Newsbtc
2w
252
Dogecoin Gears Up For 60% Move—Will It Be Up Or Down?
- Analyst Ali Martinez discusses how Dogecoin is near the end of a triangle pattern, which could lead to a 60% price move.
- Dogecoin's price has been trading within a triangular channel, with the upper and lower trendlines potentially indicating resistance and support levels.
- Different types of triangles like Symmetrical, Ascending, and Descending can affect the direction of the breakout based on the orientation of trendlines.
- The current pattern in Dogecoin resembles a Symmetrical Triangle but slightly tilting towards the downside.
- As Dogecoin approaches the end of the triangle, the likelihood of a breakout increases, with a potential 60% move in the cards.
- The direction of the breakout will be determined by whether Dogecoin breaks out of the $0.16 to $0.22 range.
- Dogecoin's current price hovers around $0.168, with a decrease of over 11% in the last seven days.
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Newsbtc
2w
414
Dogecoin Shows Signs Of Life With Bottoming Signal
- Dogecoin's daily chart suggests a potential turnaround after a prolonged downtrend.
- Bullish divergence patterns are evident, indicating buyers may be gaining control.
- Previous bullish divergences have led to significant price increases in the past.
- The current structure shows Dogecoin retracing within a descending channel.
- Key support levels lie around $0.163, $0.142, and $0.139, presenting challenges for bulls.
- To shift momentum, Dogecoin needs to surpass resistance levels around $0.1826 and $0.172.
- Further hurdles at $0.247, $0.292, $0.338, and $0.3939 may be encountered on an upward trajectory.
- Volume is decreasing as price nears support, while the RSI shows signs of improvement.
- A daily close below the multi-year trendline could invalidate the bullish divergence setup.
- Downside targets could be the $0.135-$0.13 range and potentially $0.10 in the worst case.
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TheNewsCrypto
2w
8
Analyst Defends $5 Dogecoin Target Despite Current Weakness, Cites Historical Triangle Patterns
- Crypto Elites predicts a $5 Dogecoin target based on historical symmetrical triangle patterns.
- Dogecoin would need a 2,847% rally from current levels to reach $5, resulting in a $750 billion market cap scenario.
- Mixed technical signals: ADX suggests a potential rally, while LMACD indicates weakness.
- Analyst defends the $5 target, stating that those not expecting it 'probably don’t know anything' about Dogecoin's potential.
- Previous symmetrical triangle formations in Dogecoin's history have led to significant price increases.
- The first triangle, when DOGE was at $0.0001, saw a breakout in 2017, driving prices from $0.008 to $0.017.
- The second triangle formed in December 2020 before DOGE surged to $0.73 in 2021.
- The third triangle emerged in 2022 when DOGE was at $0.05, with a breakthrough in 2024 and prices recovering to $0.48.
- Technical analyst Tardigrade notes similarities in current ADX patterns to those before historical rallies, indicating momentum building.
- Tardigrade projects a more conservative target of $4.50, slightly below Crypto Elites' forecast.
- Both analysts agree on the potential for substantial upward movement based on historical trends.
- However, the one-month Logarithmic MACD indicator shows poor momentum and ongoing downturn, according to expert Tony Severino.
- Despite current price weakness, analysts remain optimistic about Dogecoin's long-term bullish thesis.
- The $5 target remains a significant goal that could be achieved based on past price patterns.
- The ADX and historical triangle formations provide support for potential future rallies in Dogecoin.
- The LMACD indicator presents a contrasting view with indications of downward momentum.
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Bitcoinist
2w
8
Image Credit: Bitcoinist
Dogecoin Price Flashes Pattern That Led To Previous Breakouts, Here’s What It Is
- Dogecoin price is showing a chart pattern that has historically preceded major breakouts, sparking speculation of a potential upward move for the meme coin.
- A crypto analyst named 'Batman' has identified a pattern on the 4-hour chart indicating a potential bullish reversal signal for Dogecoin, with a strong support level around $0.175.
- The chart suggests a staircase-like rally for Dogecoin, with a projected four-wave move leading to an initial breakout towards $0.2039 and further advancements to $0.25425.
- Each rally in Dogecoin's price is anticipated to be followed by a consolidation phase before the next upward movement, maintaining the overall bullish structure.
- The current chart setup closely resembles past price action in Dogecoin, where previous rapid upward moves were preceded by sideways trading, indicating a potential explosive run.
- Broader market sentiment, whale accumulation, and optimism surrounding Dogecoin's integration into Elon Musk's payment platform are aligning with the bullish technical pattern, potentially fueling a breakout.
- The emergence of Dogecoin exchange-traded fund (ETF) and recent whale activity are contributing to the positive narrative around Dogecoin, driving both technical and speculative momentum.
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TheNewsCrypto
2w
353
$0.12 on the Table as Dogecoin Fails to Hold Support While Shiba Inu (SHIB) and Little Pepe (LILPEPE) Gear Up to Rally
- Dogecoin (DOGE) is facing pressure as it hovers around $0.16, risking a drop to $0.12 if it fails to maintain key support at $0.14.
- Shiba Inu (SHIB) and Little Pepe ($LILPEPE) are gaining momentum and are expected to outperform DOGE in the upcoming rally.
- Shiba Inu (SHIB) is predicted to reach $0.00095 by the end of 2025, driven by a thriving ecosystem and utility in DeFi applications.
- Little Pepe ($LILPEPE) is positioned as a 100x meme coin disruptor, with a focus on innovation and growth potential in 2025.
- DOGE's decline is attributed to its high valuation and limited utility, contrasting with the growing community and utility of SHIB and Little Pepe ($LILPEPE).
- SHIB's vibrant community, DeFi apps, and token burning strategy contribute to its potential breakout and market cap growth.
- Little Pepe ($LILPEPE) offers unique features such as a Layer-2 blockchain, Meme Launchpad, and anti-sniper bot technology for fair token launches.
- Investors interested in meme coin gains are advised to consider SHIB and Little Pepe ($LILPEPE) as potential options for significant returns in 2025.
- To participate in the Little Pepe ($LILPEPE) presale, investors can visit littlepepe.com and follow the project's developments on X and Telegram.
- SHIB and Little Pepe ($LILPEPE) are poised to dominate the meme coin market while DOGE struggles to keep up, setting the stage for future growth.
- For more information on Little Pepe ($LILPEPE), interested parties can visit the provided website, read the whitepaper, and join the project's Telegram and Twitter/X channels.
- Investors are encouraged to conduct their own research before making any decisions related to cryptocurrency investments.
- Dogecoin (DOGE) faces uncertainty, while Shiba Inu (SHIB) and Little Pepe ($LILPEPE) present opportunities for significant gains in 2025.
- SHIB and Little Pepe ($LILPEPE) are expected to erase zeros and assert their presence in the meme coin market.
- Overall, the article highlights the contrasting fortunes of DOGE, SHIB, and Little Pepe ($LILPEPE), emphasizing the potential of the latter two tokens in the current market scenario.
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TronWeekly
2w
261
Image Credit: TronWeekly
Dogecoin Triggers Rare Bearish MACD Crossover; Eyes Drop to $0.12
- Dogecoin has triggered its rare third-ever bearish MACD crossover on the monthly chart, historically signaling prolonged price weakness.
- Previous bearish MACD crosses in 2018 and 2022 led to major downturns and extended bear market phases for DOGE.
- The current macroeconomic uncertainties and tightening monetary policies amplify downside risks amid this bearish signal.
- Dogecoin is trading at $0.1711 with a 24-hour trading volume of $2.27B and a market cap of $25.63B.
- The Moving Average Convergence Divergence (MACD) indicator is closely watched in technical analysis to identify momentum shifts.
- A bearish MACD crossover on the monthly chart signifies potential long-term trend reversals.
- This third-ever bearish MACD crossover in Dogecoin's history is considered a rare and significant event.
- The previous bearish crossovers in 2018 and 2022 preceded major market downturns for DOGE.
- Amid the third bearish crossover in 2025, traders and investors are cautious due to macroeconomic uncertainties and market conditions.
- Market experts suggest that while historical patterns are valuable, current circumstances may lead to different outcomes.
- The repetition of the rare bearish crossover and external pressures indicate potential price vulnerability for Dogecoin.
- The three bearish MACD crosses on Dogecoin's monthly chart highlight significant retracements and bear phases.
- This cautionary indicator suggests that DOGE holders should be prepared for additional declines or extended consolidation periods.
- Dogecoin's price dynamics may be influenced by wide-ranging changes in market conditions over the coming months.
- Traders are advised to stay vigilant and maintain cautious positioning in light of the bearish MACD crossover and market uncertainties.
- Bitcoin Leverages Drop: Is $104K the Bottom Before the Next Bull Run? - Related article discussing Bitcoin price levels.
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Bitcoinist
2w
240
Image Credit: Bitcoinist
Pundit Calls For 600% Dogecoin Price Explosion To $1.25 As Bullish Pattern Holds
- Dogecoin price falls below $0.18, turning bearish in the short term amidst crypto market decline.
- Despite the decline, Dogecoin bulls remain optimistic about the altcoin's potential to rise above $1.
- Crypto analyst Javon Marks predicts a potential 260% move for Dogecoin to reach $0.6533 based on bullish patterns.
- Marks forecasts a post-breakout chop that could drive Dogecoin price to $1.25, a 600% increase from the current level.
- Dogecoin's metrics show low daily volume and open interest, reflecting negative sentiment and caution among investors.
- The market sentiment for Dogecoin is currently neutral, requiring a significant move to motivate investor activity.
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Bitcoinist
2w
104
Image Credit: Bitcoinist
Dogecoin Tops Crypto Funding Charts As Traders Load Up On Longs
- Dogecoin currently leads in Funding Rate among cryptocurrencies, indicating increased long positions by traders.
- Funding Rate tracks fees exchanged between perpetual futures traders on centralized derivatives platforms.
- A positive Funding Rate signals bullish sentiment, while a negative rate suggests bearish sentiment.
- Bitcoin and Ethereum show positive Funding Rates, rebounding from previous bearish sentiments.
- Dogecoin stands out with a 0.0092% Funding Rate, significantly higher than other cryptocurrencies.
- Tron has a negative Funding Rate, indicating bearish sentiment, while Solana has a neutral rate.
- The dominant side in Funding Rate is more prone to mass liquidation events.
- Assets like Dogecoin with strong bullish sentiment risk being squeezed due to high long positions.
- Data also shows Supply in Profit, with Bitcoin and Tron having over 90% in profit compared to Dogecoin and Solana having less than 50%.
- Dogecoin is currently trading at around $0.1666, experiencing a more than 15% decrease in value over the past week.
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Newsbtc
2w
152
Image Credit: Newsbtc
Dogecoin Looks Like ‘It Wants To Play Dead’—Again
- Market technician Tony Severino suggests Dogecoin's momentum is fading based on a monthly chart analysis posted on TradingView.
- The chart shows historical points where Dogecoin peaked and then entered prolonged downward trends.
- Severino highlights the LMACD indicator, indicating a potential bearish crossover signaling a deeper retracement for Dogecoin.
- Dogecoin is currently between support at $0.05 and resistance at $0.48, with a bearish outlook if demand doesn't increase.
- Thin crypto liquidity and market fatigue due to delayed US Federal Reserve actions and geopolitical tensions contribute to the analysis.
- Long-term traders are advised to consider the technical indicators over viral trends, as historical patterns suggest a potential downturn for Dogecoin.
- Price reaction in the coming months, especially if the histogram turns more negative, will be crucial in determining Dogecoin's future momentum.
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Newsbtc
3w
214
Image Credit: Newsbtc
Dogecoin Danger: A Dip Under $0.16 Could Trigger A 30% Crash—Analyst
- Dogecoin is testing a crucial support level at $0.168 that could trigger a 30% crash if breached.
- The current chart pattern resembles a four-year cup-and-handle setup, with a target near $0.75 if it breaks above the triangle's upper trendline.
- Momentum indicators suggest weakness, with the RSI below 50 and moving lower.
- US regulators are set to rule on a Dogecoin ETF on June 15, potentially influencing market sentiment.
- CoinCodex forecasts Dogecoin at $0.20 by July 18, with market sentiment neutral.
- Holders and traders are advised to monitor price action around $0.168 and the upcoming ETF decision.
- Dogecoin faces a pivotal moment that could lead to a significant move in either direction.
- The support level, volume, and regulatory decisions will be critical factors determining Dogecoin's future price action.
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Bitcoinist
3w
84
Image Credit: Bitcoinist
Dogecoin Price Flashes Similar Patterns To 2020 Before The 36,000% Bull Run
- Dogecoin has been trading within a narrow descending range, maintaining support above $0.17 and attempting to form a higher low.
- Dogecoin's weekly ADX pattern resembles the setup prior to its 36,000% rally in 2020, with twin mid-level peaks followed by sharp drops to new lows.
- The current ADX pattern mirrors the one observed before Dogecoin's surge from under $0.01 to above $0.70 during the last bull cycle.
- This pattern suggests the end of price accumulation phases and the start of explosive directional moves.
- Past performance doesn't guarantee future outcomes, but the visual similarity between current and past ADX patterns is notable.
- Trader Tardigrade's chart indicates a potential price target above $4.50 for Dogecoin, based on the pattern observed.
- If Dogecoin reaches the projected target, it would signify a 2,540% increase from its current trading price of $0.1708.
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Zycrypto
3w
432
Image Credit: Zycrypto
Over 1 Billion DOGE Scooped Up by Whales in 30 Days – Is a Pump Imminent?
- Dogecoin whales have accumulated over 1 billion DOGE in the last 30 days, sparking speculation about a potential price surge.
- This massive accumulation indicates renewed interest in the meme-based cryptocurrency, with a significant increase in whale activity.
- A single notable buying spree on April 15 saw over 800 million DOGE acquired in just 48 hours, signaling heightened activity.
- Institutional or high-net-worth investors are once again focusing on Dogecoin, as seen by the aggressive accumulation.
- On-chain activity for Dogecoin has surged, with a rise in active addresses, transaction volume, and overall whale activity.
- Dogecoin's futures open interest has increased by 63.9% in a week, reaching $1.62 billion, suggesting growing speculation for a price rally.
- Analyst Master Kenobi predicts DOGE reaching at least $1 by early June 2025, with stretch targets of $1.44 or $2.10, depending on market conditions.
- Analyst Javon Marks expects a minimum 215% price rally based on Dogecoin's historical bull cycles, particularly around U.S. presidential inaugurations.
- Short-term predictions suggest a bullish breakout for Dogecoin within the next seven days, targeting $0.42 to $0.43.
- At present, DOGE is trading at $0.16, with a slight drop of 1.18% in the past 24 hours.
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Cryptoticker
3w
26
Image Credit: Cryptoticker
Dogecoin Is Sliding: How Low Can DOGE Price Go?
- Dogecoin (DOGE) price is currently under pressure, trading near $0.167 with decreasing momentum.
- The daily chart shows lower highs and lower lows, with DOGE below key moving averages, indicating downward pressure.
- DOGE price breakdown below $0.17 hints at short-term buyer exit, with potential further decline towards $0.125.
- Hourly chart indicates DOGE stuck below multiple moving averages, facing strong resistance around $0.169-$0.181.
- Failure to hold above $0.175 could lead to retesting $0.150, while a bounce could target $0.185 with a 10.7% rally.
- Overall, DOGE's trend is bearish on daily and hourly timeframes; potential 10-20% drop if $0.162 support breaks.
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