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  • Dogecoin Consolidates After Recent Rejection, But $0.32 Retest Looks Inevitable

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  • Dogecoin Price Is About To Complete Another Golden Cross, Why $0.33 Is The Key

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    The Dogecoin price is about to complete a Golden Cross pattern, a technical event that often signals the start of a super bullish run. A crypto analyst argues that the real test lies at $0.33, a resistance level that could determine whether DOGE begins its next major rally and extends its momentum into the broader altcoin market.  

    Golden Cross Forms On Dogecoin Price Chart

    Crypto analyst Cas Abbe recently highlighted in an X social media post Dogecoin’s bullish momentum, noting that the meme coin is about to complete another Golden Cross. In technical terms, a Golden Cross signals the potential start of an extended bullish cycle. 

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    Cas Abbe emphasized the significance of this chart setup, pointing out that every time Dogecoin rallies, the broader altcoin market tends to follow suit. According to him, if DOGE manages to break decisively above key resistance levels, it could trigger a massive bullish surge, marking the beginning of a strong altcoin season. 

    Source: Chart from Cas Abbe on X

    The analyst’s chart illustrates Dogecoin’s upward trajectory, with the price steadily climbing after bouncing from support levels around $0.21. His projection shows the meme coin advancing toward the upper resistance channel, where $0.33 sits as the key battleground. Cas Abbe predicts that a breakout beyond this threshold would push the Dogecoin price to $0.37, representing a roughly 60% surge from current levels around $0.23.  

    Adding to the bullish narrative, crypto analyst Trader Tardigrade also shared his perspective on Dogecoin’s Golden Cross formation. He focused on the 12-hour chart, where the MACD indicator flashes the bullish chart signal. According to him, the histogram has already turned green, a clear sign of rising buying pressure. Additionally, Trader Tardigrade’s analysis suggests that bulls are beginning to take control of the market, with his chart predicting a potential surge toward the $0.32 – $0.33 zone.

    Expert Says Dogecoin To Reach $1 Next

    A crypto market expert identified as ‘Solid’ on X has drawn attention to a broader structure forming on Dogecoin’s weekly chart. His analysis reveals a broad consolidation area that could serve as the foundation for a parabolic rally. Based on this technical formation, Solid has forecasted that a golden bull run is imminent—one that could propel the DOGE price to the $1 milestone in the long term. This would reflect a massive price increase of approximately 334%. 

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    In the chart, Dogecoin’s current price action started as part of a larger consolidation phase that began after the 2021 peak. Now with bullish momentum starting to resurface after months of suppression, Solid’s analysis suggests that a strong upward breakout is becoming increasingly likely. The curved trajectory drawn on his chart envisions the meme coin riding steadily through 2025, ultimately accelerating past previous resistance levels and entering uncharted territory around $1 by 2026.  

    Dogecoin
    DOGE trading at $0.24 on the 1D chart | Source: DOGEUSDT on Tradingview.com

    Featured image from iStock, chart from Tradingview.com

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    Scott Matherson

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  • Analysts Predict Dogecoin Price Will Explode: Why The $1 Mark Is Inevitable

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    Crypto analysts Kaleo and Mags have predicted that the Dogecoin price will witness a parabolic run, with the potential to reach the $1 mark. This comes amid the top meme coin’s downtrend, which puts it at risk of retesting the $0.2 mark. 

    Dogecoin Price Eyes Parabolic Rally To $1

    In an X post, Kaleo declared that the Dogecoin price will rip to new highs from its current level. He further remarked that it is only a matter of time before prices catch up with institutional interest coming from DOGE treasury companies and ETFs. In line with this, he advised market participants not to “sleep on the king of memes.”

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    Meanwhile, crypto analyst Mags indicated that the Dogecoin price could rally to as high as $1 on this projected parabolic rally. He suggested that there is no way that the “father of all meme coins,” which is supported and shilled by Elon Musk, wouldn’t be able to pull a 3x increase in this market cycle. 

    Mags asserted that the bull run is dedicated to meme coins and that the Dogecoin price will lead the meme coin supercycle round 2. It is worth mentioning that Elon Musk’s lawyer, Alex Spiro, is the Chairman of CleanCore, the foremost DOGE treasury company, which is looking to acquire up to 1 billion coins. The company already holds over 600 million DOGE. 

    As Kaleo noted, institutional interest has also picked up following the launch of REX-Osprey’s Dogecoin ETF, which became the first meme coin ETF to launch. The Dogecoin price had notably surged above $0.3 ahead of the ETF’s launch. However, it has been on a downtrend since the fund launched, indicating that this was a ‘sell the news’ event. DOGE is down over 12% since then, a development which also comes amid a broad crypto market downtrend. 

    DOGE Will Reach Its ATH At The Minimum

    Crypto analyst Javon Marks has predicted that the Dogecoin price will reach its all-time high (ATH) of $0.73 at the minimum. He claimed that, based on historical trends, up next for DOGE is a rally of over 195%, which will send the meme coin to a new ATH above $0.739. His accompanying chart suggested that DOGE can reach the psychological $1 level in the process. 

    Source: Chart from Javon Marks on X

    Meanwhile, crypto analyst Kevin Capital highlighted how the Dogecoin price rallied 400% to $0.48 within a short period last year. He noted that crypto does nothing until it does something, and that it requires an incredible amount of patience and skill. However, the analyst emphasized that anyone can pull off the biggest trade if they can identify and have the conviction to buy at the lows, suggesting that it may be a good time to buy the dip. 

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    At the time of writing, the Dogecoin price is trading at around $0.235, down almost 2% in the last 24 hours, according to data from CoinMarketCap.

    Dogecoin
    DOGE trading at $0.23 on the 1D chart | Source: DOGEUSDT on Tradingview.com

    Featured image from iStock, chart from Tradingview.com

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    Scott Matherson

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  • Dogecoin Price Could Break Into Double-Digit Rally From This Fibonacci Level

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    Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

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  • Dogecoin Bullish Echo: 1-2 Formation Returns As Price Breaks Key Channel

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    Dogecoin is once again showing signs of history repeating itself, with its well-known 1-2 formation returning on the charts. After breaking out of its key $0.22–$0.24 channel, momentum is building as bullish signals align, hinting that the meme coin may be gearing up for another powerful move.

    Breakout From $0.22–$0.24 Marks End Of Consolidation

    Alpha Crypto Signal, in a recent update, revealed a significant development for Dogecoin, noting that the meme coin has successfully broken out of its long-standing horizontal channel. This channel, which had contained its price between $0.22 and $0.24 for an extended period, had been a key consolidation zone for the asset. This decisive breach of the range confirms a major shift in momentum and signals the end of a prolonged phase of stagnant price action.

    The validity of this breakout is further reinforced by a crucial technical indicator: rising volume. As Dogecoin pushed higher, the increased trading volume served as a powerful signal of conviction from the buyers. This strong backing indicates that the move was not a fleeting event but rather a genuine surge of interest, with significant capital flowing into the asset. 

    Following its strong rally, Dogecoin is currently experiencing a healthy and expected pullback from the resistance zone between $0.29 and $0.30. However, this slight retreat is a positive and natural part of a strong uptrend, as it allows the market to consolidate and prevents the rally from becoming overheated. 

    According to the expert, this pullback is presenting a strategic opportunity for traders. Alpha Crypto Signal suggests that any retest of the breakout level, specifically the $0.24 to $0.25 zone, could offer a solid long opportunity. As long as Dogecoin can hold above this crucial zone and maintain its overall bullish structure, the positive momentum from the breakout is expected to continue.

    Dogecoin Pattern Repeats: History Points To Another Pump

    In a recent post on X, crypto analyst CryptoELlTES has revealed a compelling observation about Dogecoin’s price history. He asserts that a specific technical pattern is repeating itself on the chart, one that has consistently preceded every major Dogecoin pump in the past. This historical correlation suggests that the current setup is highly significant.

    According to the analysis, Dogecoin is at the final stage of this “1-2 pattern.” The chart displays the same formation that previously launched the asset into several parabolic moves. Since the market is showing the same bullish behavior that has historically led to explosive growth for the coin, a major upward move could be on the horizon.

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    Godspower Owie

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  • Cycle 3 Expectations Show Dogecoin Price Could Cross $10 With This Decisive Break

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    Crypto analyst DOGECAPITAL has predicted that the Dogecoin price could rally above $10. He revealed that the foremost meme coin needs to have a decisive break above a particular level for it to record this parabolic run to the upside. 

    Dogecoin Price Eyes Rally To $10 Based On Cycle 3 Expectations

    In an X post, DOGECAPITAL indicated that the Dogecoin price could rally to $10 based on historical cycle patterns. He noted that in Cycle 3, which is the current cycle, DOGE has already crossed critical price levels and is now approaching the $0.30 range again. The analyst claimed that if the pattern continues, a decisive break above this level could ignite the next parabolic run. 

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    This prediction came as DOGECAPITAL revealed that the Dogecoin price monthly chart reveals a recurring pattern in its price action across each major cycle. He further noted that in every cycle, bullish momentum tends to ignite as the DOGE price nears the intersection of the green and red lines. The analyst added that a parabolic rally typically follows once the price breaks above the yellow line.

    Historical pattern hints at a massive surge | Source: Chart from DOGECAPITAL on X

    DOGECAPITAL noted that, in Cycle 1, the Dogecoin price surged 9,221% almost immediately after crossing the green/red line intersection. Meanwhile, in Cycle 2, a similar setup led to a more parabolic rally of over 24,617% for the meme coin after the same crossover. Now, in Cycle 3, DOGE has crossed the green and red lines and is now looking to break above the yellow line for a parabolic rally beyond $10. 

    DOGECAPITAL stated that historically, each bull run has outperformed the last. He alluded to factors such as growing adoption, less inflation, rising institutional interest, and ongoing technological advancements as what could spark a greater rally in this cycle than the previous ones. 

    A Rally To A New ATH Is Imminent

    In an X post, crypto analyst Kevin Capital suggested that a Dogecoin rally to a new all-time high (ATH) is imminent. He noted that DOGE monthly Stoch RSI crosses during bear markets and bull markets have produced very predictable price action in the past. The analyst added that if the macro continues to align the way it is currently, then it will remain predictable, hinting at a rally to the upside. 

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    Kevin Capital noted that the stars need to align not just from a technical analysis perspective, but also in relation to monetary policy expectations and macroeconomic data. From a fundamentals perspective, it is also worth mentioning that the first spot Dogecoin ETF could launch this week after Rex-Osprey teased about the launch last week. 

    At the time of writing, the Dogecoin price is trading at around $0.23, up over 7% in the last 24 hours, according to data from CoinMarketCap.

    Dogecoin
    DOGE trading at $0.23 on the 1D chart | Source: DOGEUSDT on Tradingview.com

    Featured image from Getty Images, chart from Tradingview.com

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    Scott Matherson

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  • Dogecoin Price Set For Explosive Rally If This Structure Holds

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    The Dogecoin price is at a significant decision point on the chart, and according to a new analysis posted on TradingView, the next move could be explosive. The popular token is trading above a key support area that it has repeatedly tested. If buyers continue to defend this structure, the top memecoin has room to rally higher. However, if the support fails, the bullish outlook could fade rapidly, leaving Dogecoin vulnerable to a deeper pullback. 

    Dogecoin Price Holds Critical 0.5 Fibonacci Support

    According to the TradingView analyst, Dogecoin is consolidating just above the $0.214 level, which matches the 0.5 Fibonacci retracement and the ascending trendline support. The analyst described this support as a “make-or-break” zone for the Dogecoin price. If bulls can keep the price steady here, it may give them the strength to push higher.

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    The 0.214 area is essential as it combines two key supports simultaneously: the Fibonacci 0.5 level and the rising trendline. According to the analyst, this means buyers must hold firm to keep control. The Stoch RSI indicator is also resetting in the middle zone, which shows the market has room for momentum in either direction. In simple terms, it signals that a bigger move could be coming soon, depending on whether buyers or sellers take control first.

    This zone is now watched closely by traders. Holding above it suggests that buyers are still in charge. Falling below it, however, would open the door for a deeper test of lower levels.

    Source: TradingView.com

    Bounce Could Target $0.278, Breakdown Risks $0.197

    The analyst notes that if bulls succeed in defending the 0.214 level, Dogecoin could bounce toward the $0.278 resistance zone. This level they described as a central horizontal supply zone, where sellers may attempt to halt the rally. Breaking past it would confirm strength from buyers and could drive fresh momentum into the market.

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    The analyst cautions about the risks at play here. If the structure fails and price breaks down from the 0.214 area, the next necessary support lies near $0.197, known as the golden pocket. Falling under this level would cancel the bullish outlook and push the price toward the deeper retracement zone at $0.173.

    The analyst says that Dogecoin’s next direction depends on how the price reacts at this level. Bulls need to hold their ground if they want to trigger a run toward higher levels. Sellers, on the other hand, are waiting for any sign of weakness to lower prices.

    At this stage, Dogecoin stands at a decisive crossroads. Market watchers are keeping a close eye to see whether bulls can protect the structure and ignite the bounce toward higher resistance, or if sellers will seize control instead.

    Dogecoin price chart from TradingView.com
    DOGE price struggles above $0.21 | Source: DOGEUSDT on TradingView.com

    Featured image from DALL.E, chart from TradingView.com

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    Sandra White

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  • Dogecoin Price Risks Crash Below $0.1, But Can Bulls Facilitate This 800% Rally To $1.82 First?

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    New technical analysis suggests that the Dogecoin price is teetering at a pivotal point that could dictate its trajectory for the coming months. According to a crypto analyst, the meme coin faces two stark possibilities: a massive bullish breakout that could catapult DOGE by 800% to a new peak of $1.82, followed by a potential crash that may drag the meme coin’s value below $0.1. 

    Dogecoin Price To See Massive Rally Before Crash

    In an August 31 post on X social media, crypto analyst KrissPax announced that Dogecoin may be on the verge of a dramatic rally if historical price action and Fibonacci Extensions play out. He projected that DOGE could trade up to the 2.618 Fibonacci level this fall, which aligns with the $1.82 price mark. Such a bullish move would represent a remarkable 800% gain from the meme coin’s current value of roughly $0.218. 

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    KrissPax shared a chart showing multiple accumulation zones where Dogecoin held firm despite broader market corrections, indicating that long-term holders could be reinforcing price stability. Although the outlook points to an explosive upside potential for DOGE, the analyst also warned that a looming bearish scenario is still in play. 

    Based on the chart’s trajectory, once Dogecoin hits the projected $1.82 all-time high, the meme coin could experience a steep crash toward $0.09 (0.236 Fibonacci retracement), revisiting its weakest levels since 2023. KrissPax referred to this zone as a “gift” in his chart, suggesting it may offer a chance to accumulate at lower prices. 

    Source: Chart from KrissPax on X

    With the price now hovering near key resistance, Dogecoin appears to be approaching a decisive moment that could determine its next target. For investors, this presents a classic high-risk, high-reward setup that could offer strong gains to early accumulation ahead of a breakout or deliver significant losses if bearish pressure sends the meme coin plummeting. 

    Moving forward, KrissPax indicated that Dogecoin’s current low price, relative to its previous peaks, could be an opportunity for traders to add to their portfolios. He warns that hesitating to buy at discounted levels could result in being left out when DOGE begins another steep climb. 

    $0.23 Identified As Key Breakout Threshold

    In a separate X post, crypto market expert Ali Martinez shared his latest Dogecoin analysis, taking a more bullish stand. He pointed to a symmetrical triangle pattern forming on the Dogecoin 4-hour chart, where price action has been consolidating between tightening support and resistance lines. Based on his analysis, this type of formation often signals an impending breakout, with the direction ultimately determined by which boundary the pattern is breached. 

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    Martinez has identified $0.23 as the critical level to watch. If Dogecoin breaks above this threshold with convincing volume, it could trigger a fresh bullish rally toward higher resistance levels at $0.25, $0.28, and potentially $0.30. The analyst’s chart projection outlines a step-like ascent once the breakout is confirmed, suggesting a sustainable rally rather than an immediate spike.

    Dogecoin
    DOGE trading at $0.21 on the 1D chart | Source: DOGEUSDT on Tradingview.com

    Featured image from Getty Images, chart from Tradingview.com

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    Scott Matherson

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  • Dogecoin Crash Incoming? Analyst Warns Bulls Are Out Of Time

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    Dogecoin’s near-term uptrend may be running on fumes, with crypto analyst Kevin (Kev Capital TA) warning that a breakdown is already in motion and that the memecoin’s bull case now hinges on a thin band of support around $0.20. In a late-August 25 livestream, Kevin argued that DOGE’s structure has deteriorated into a classic post-rally trap while its fate remains tethered to Bitcoin’s next move.

    Dogecoin Bulls Cornered

    “This chart’s not really in control of its own destiny. It’s going to follow what Bitcoin and ETH do, mainly Bitcoin,” he said, adding that the setup turning heads on his screen was a “symmetrical triangle pattern… which is not bullish after an up move. It’s bearish. It’s typically [going to] break down,” a process he said appeared to be underway during the stream.

    Dogecoin symmetrical triangle pattern
    Dogecoin symmetrical triangle pattern | Source: X @Kev_Capital_TA

    The levels, in his view, are now brutally simple. On the top side, the “major level… remains the same,” with the golden-pocket resistance still parked at $0.285–$0.261. That band has capped impulse attempts since Q1 and, alongside higher Fibonacci checkpoints—0.703 at ~$0.329 and 0.786 at ~$0.413—defines the ceiling that bulls have repeatedly failed to clear with authority.

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    On the downside, Kevin marked $0.195–$0.189 as “a major support zone,” aligning the 0.5 Fib around ~$0.189 with DOGE’s trend MAs. “You’re even in support right now via the 100 EMA and daily 200 EMA,” he noted, while pointing to the 200-day SMA near ~$0.198 and a rising channel that has seen “multiple taps to the high and the low.”

    Lose that $0.19–$0.20 cluster, he warned, and the path of least resistance shifts quickly lower: “If Dogecoin loses that, very likely [it’s] coming back down to the trend line… anywhere from 16 cents,” with deeper legacy supports around $0.147, $0.137, and “the $0.14–$0.127 zone” described as the “big big support.”

    Dogecoin long-term price targets
    Dogecoin long-term price targets | Source: X @Kev_Capital_TA

    In other words, the “crash” risk Kevin is flagging is less about sensational downside targets and more about the mechanical nature of DOGE’s structure if $0.19 gives way: a vacuum to the channel base near $0.16 first, then prior demand shelves if momentum accelerates.

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    Context matters, and Kevin stressed that DOGE beta is overwhelmingly macro-driven inside crypto. When Bitcoin rallies while Bitcoin dominance falls, DOGE can rip—“Dogecoin had a phenomenal day” on a recent Friday, he said, citing a roughly 11–12% surge when BTC rose ~3.5% and dominance slid more than 0.7%. But “if ETH is outperforming and it’s in ETH season, you’re not going to get massive Dogecoin performance,” he cautioned, explaining much of DOGE’s relative lethargy while Ethereum-linked majors and ETH-beta names have led flows for months.

    Kevin’s tactical roadmap is therefore stark. First, respect the $0.195–$0.189 shelf as the line between a controlled pullback and a disorderly trendline test. Second, accept that the upside will likely remain capped beneath $0.285–$0.261 until Bitcoin resolves higher and dominance sustainably bleeds. Third, avoid the classic liquidity trap of buying emotional spikes into resistance. “Don’t buy altcoins at the highs,” he said. “Allocate into ones that are at major support,” and do it in small, risk-aware increments rather than overextending into weakness.

    The analyst’s bottom line for Dogecoin is blunt and time-sensitive. The post-rally triangle has already begun to fracture; the $0.19–$0.20 belt is “the lifeline.” Hold it and DOGE can stabilize inside its rising channel while it waits for a friendlier Bitcoin-led tape. Lose it, and “a crash” in Kevin’s definition—an accelerated move toward ~$0.16 and, if pressure persists, the mid-teens support stack—is the next chapter.

    At press time, DOGE traded at $0.21.

    Dogecoin price
    DOGE holds above the EMA200, 1-day chart | Source: DOGEUSDT on TradingView.com

    Featured image created with DALL.E, chart from TradingView.com

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    Jake Simmons

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  • Dogecoin About To Explode? On-Chain Models Hint At A Massive Rally

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    An emerging set of on-chain and market structure signals suggests Dogecoin could be coiling for a fresh advance, according to analytics platform Alphractal, which published a new chart pack and methodology notes on X on August 21. The firm argues that miner resilience, a stable “Network Stress Index,” and model-derived bands such as Alpha Price and CVDD have lined up in a way that historically preceded major DOGE trend accelerations.

    $1 Dogecoin Back In Play?

    “Dogecoin’s miners remain incredibly resilient, with hash rate activity pushing toward record highs,” Alphractal wrote, before posing the core question animating its latest study: “Could trading around True Market Mean Price and models like Alpha Price and CVDD pave the way for a potential new all-time high in DOGE?”

    Dogecoin hash rate
    Dogecoin hash rate | Source: X @Alphractal

    At the foundation of the call is a composite gauge the firm calls the Network Stress Index. It blends three dimensions of chain health and pressure—“Fee Stress (fees / market cap – 40% weight), Hash Stress (30-day hash rate volatility – 30% weight), [and] Supply Stress (7-day active supply volatility – 30% weight).”

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    As Alphractal summarizes the read-through: “Higher values suggest potential instability or major transitions. Lower values reflect a balanced network across economic, security, and activity dimensions.” In the current regime, the firm says the indicator “signals stability — showing no warning signs of network risk.”

    Dogecoin Network Stress Index
    Dogecoin Network Stress Index | Source: X @Alphractal

    Beyond raw network conditions, Alphractal overlays two valuation and cycle tools it says have been reliable for UTXO chains such as DOGE, Bitcoin and Litecoin. “Our Alpha Price model works like a magnetic force for sentiment,” the firm noted, describing a behavioral anchor that price tends to respect over time.

    It pairs that with an adjusted version of Cumulative Value Days Destroyed (CVDD), a metric that tracks the age-weighted value of coins moving on-chain. “Our advanced CVDD adjustment has proven to be one of the most accurate tools for identifying tops and bottoms in UTXO blockchains like DOGE, BTC, and LTC,” Alphractal wrote.

    Dogecoin Alpha Price
    Dogecoin Alpha Price | Source: X @Alphractal

    Where those models sit today is central to the thesis. “Currently, the CVDD Top sits at $0.54, but it can climb higher as dormant Dogecoins move — potentially pushing targets above $1,” the post states. The implication is explicitly conditional: if a rally entices long-inactive supply to circulate, the top band would ratchet upward, turning $0.54 from a ceiling into what Alphractal calls “just the starting floor, with euphoric network activity driving further upside.”

    Dogecoin CVDD
    Dogecoin CVDD | Source: X @Alphractal

    The firm frames miner posture as a reinforcing pillar. With hash rate activity “pushing toward record highs,” the view is that security spend and miner participation leave the network well positioned “for a surge in global demand.” That strength, together with price action clustering near what Alphractal labels True Market Mean Price, is presented as the setup phase that has preceded prior Dogecoin expansions on the attached Network Stress, Alpha Price, and CVDD charts dated August 21.

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    Even so, the message is not unqualifiedly bullish. Alphractal closes with a risk caveat tailored to crypto’s current market microstructure: “This opportunity may be sustainable… Still, with leverage building across crypto markets, traders must remain cautious of sudden traps and mass liquidations as DOGE gains momentum.” In other words, while the model complex sketches a constructive backdrop, positioning and derivatives dynamics could inject sharp downside shocks along the path.

    Taken together, Alphractal’s work posits a simple, testable roadmap: a stable network, resilient miners, and price hewing to historically meaningful on-chain bands create room for upside, with the CVDD “Top” currently marked at $0.54 and mechanically capable of rising toward and “above $1” if dormant supply awakens. Whether Dogecoin converts that setup into a full breakout will hinge on the interplay between organic spot demand and a leveraged market prone to abrupt squeezes in both directions.

    At press time, DOGE traded at $0.218.

    Dogecoin price
    DOGE holds above the EMA200, 1-day chart | Source: DOGEUSDT on TradingView.com

    Featured image created with DALL.E, chart from TradingView.com

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    Jake Simmons

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  • If Dogecoin Breaks Above Key Resistance ‘We Could See A 25% Rally’ – Top Analyst

    If Dogecoin Breaks Above Key Resistance ‘We Could See A 25% Rally’ – Top Analyst

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    Este artículo también está disponible en español.

    Dogecoin (DOGE) has been trading below a key resistance level at $0.143 since October 19, and anticipation is building among investors who believe a breakout may be imminent. The popular memecoin has remained relatively steady, yet this critical level has prevented DOGE from moving significantly higher. 

    Top analyst and investor Ali Martinez recently shared a technical analysis on X, highlighting the potential for a strong rally once DOGE clears this barrier. According to Martinez, a break above the $0.143 mark could trigger a rapid 25% rally, propelling Dogecoin to fresh highs.

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    As market sentiment appears cautiously optimistic, all eyes are on Dogecoin’s performance in the coming days. Investors and traders are watching closely, expecting a decisive move that could set the stage for Dogecoin’s next trend. With the entire crypto market poised for potential shifts, it could be crucial for DOGE to regain momentum. 

    The outcome of this resistance test will likely play a key role in shaping Dogecoin’s path forward, especially if it ignites renewed interest and buying pressure across the market.

    Dogecoin Price Starting To Rise

    Dogecoin is showing renewed strength following a week marked by volatile price action, which included a pullback from a recent local high at $0.149. Now trading near a key resistance level at $0.143, Dogecoin is capturing attention across the market. 

    Prominent analyst Ali Martinez shared a detailed technical analysis on X, suggesting that if DOGE successfully breaks through this resistance, it could trigger a notable 25% rally, pushing the price up to the $0.175 mark. According to Martinez, the $0.143 threshold is crucial for Dogecoin’s short-term trajectory, acting as a potential launchpad for further gains.

    Dogecoin could see a 25% rally up to $0.175 | Source: Ali Martinez on X

    Currently, Dogecoin is testing this pivotal level, and market sentiment is growing optimistic about a breakout, especially as other assets signal readiness for upward movement. The next few days will be critical, with analysts expecting potential bullish momentum across the crypto market that could support DOGE in surging higher.

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    However, should Dogecoin fail to surpass the $0.143 resistance, a period of retracement would likely be necessary to locate lower demand and restore liquidity for the next leg up. A pullback to gather momentum could provide the foundation needed to reattempt a breakout, positioning DOGE for further gains once market conditions align. As Dogecoin teeters on this critical threshold, it’s clear that the outcome of this resistance test will be instrumental in setting the tone for its price action in the near term.

    DOGE Technical Levels To Watch

    DOGE is trading at $0.143 after a minor rally from recent lows at $0.127. This level has proven to be a significant resistance point, as DOGE faces challenges in breaking above it. The overall market is signaling potential upward momentum, but for DOGE to maintain its bullish trajectory, it must decisively break past this $0.143 threshold in the coming hours. Successfully doing so would solidify support for a continued rally, potentially driving the price higher in the short term.

    DOGE testing $0.143 resistance
    DOGE testing $0.143 resistance | Source: DOGEUSDT chart on TradingView

    However, a retracement would likely be necessary if Dogecoin struggles to hold above this resistance. In this case, a dip to a lower demand level around $0.12 could provide the necessary liquidity to reignite buying interest and gather momentum for a subsequent push. This demand zone has previously acted as strong support and could be the fuel DOGE needs to sustain its bullish outlook.

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    As Dogecoin tests these critical levels, traders closely monitor its movements to gauge whether it can break through resistance or if a temporary pullback is on the horizon.

    Featured image from Dall-E, chart from TradingView

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    Sebastian Villafuerte

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  • Dogecoin Eyes Bullish 50% Rally To $0.16, But Will A Crash Come First?

    Dogecoin Eyes Bullish 50% Rally To $0.16, But Will A Crash Come First?

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    After a long stretch of muted price action, Dogecoin has finally entered a position where it could be gearing up for a surge. With major developments such as an increase in participation from both small and large investors, as well as indicators turning bullish, the DOGE price looks primed for a major recovery. However, there could be a small roadblock for the meme coin when it comes to achieving this uptrend as one analyst has pointed out the possibility of a further crash from here.

    A Crash Or A Surge For DOGE?

    Crypto analyst Ali Martinez has presented a forecast for the Dogecoin price with mixed signals for the future. The analysis focuses on both the bullish and bearish possibilities for the meme coin as it continues to trade in a trading range. Both of these scenarios are possible, with the Stochastic RSI may win out this time.

    According to the analysis, the Stochastic RSI has made a bearish crossover for the Dogecoin price. This bearish crossover suggests that there is a price crash coming for the altcoin. In this case, the DOGE price could be falling below $0.1 again. Not only this, but Dogecoin may lose around 15% of its value if this bearish scenario were to play out. This could see the DOGE price fall as low as $0.087 in the worst case scenario.

    On the flip side, the Dogecoin price is also showing some bullish tendencies, as the crypto analyst points out. The price is apparently “flirting with a bullish breakout,” which could be significant if it plays out. In this case, the bullish breakout could see the meme coin’s price rise as high as $0.16 and that would mean a 45% breakout from the current price.

    Dogecoin Looking For A Breakout

    The crypto analyst has previously presented bullish scenarios for the Dogecoin price but chalked it up to two key signals. The first of which is the RSI actually making a successful break out of the descending trending on the daily chart. Second of these is a break above the $0.11 resistance on the chart.

    One of these signals had been triggered, with the RSI breaking the descending trendline. However, that has since changed as the Stochastic RSI has actually turned bearish in the meantime. The DOGE price is still trending below $0.1, suggesting that bears are still well in control of the price.

    These developments show more potential for the Dogecoin price to actually crash from here before a recovery. But in the event of a market-wide recovery, DOGE could end up following the uptrend regardless.

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    Scott Matherson

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  • Dogecoin To The Moon? Crypto Analyst Predicts 440% Price Rally

    Dogecoin To The Moon? Crypto Analyst Predicts 440% Price Rally

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    In a recent technical analysis by popular crypto analyst Big Mike (@Michael_EWpro), the likelihood of a substantial rise in Dogecoin (DOGE) has been spotlighted. Employing a blend of Elliott Wave theory, Fibonacci retracement levels, and crucial indicators such as the RSI and MACD, the analysis presents a bullish scenario that could greatly influence Dogecoin’s market stance.

    Why Dogecoin Could Skyrocket By 440%

    The three-day chart for Dogecoin, as traded on Binance, exhibits a complex structure that suggests the application of Elliott Wave theory, which is essential in predicting price movements based on investor psychology and momentum. The chart indicates the end of a corrective phase and the start of a potential strong bullish trend.

    Dogecoin price analysis | Source: X @Michael_EWpro

    The Elliott Wave pattern on the chart pinpoints several crucial phases. Wave 1 began at a base level below $0.08, marking the onset of bullish momentum and peaked at $0.2196.

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    Following this, the chart shows a corrective phase characterized by an A-B-C pattern. This pattern is key in Elliott Wave theory, representing a market correction after an initial price surge. Here, Wave A starts the correction with a downturn to $0.1189, followed by a slight upward retracement in Wave B to $0.17, and then a more significant decline in Wave C, setting the stage for the completion of Wave 2.

    This corrective phase is vital as it sets up the foundation for the anticipated bullish Wave 3. However, Big Mike predicts wave 2 could push the Dogecoin price down to $0.1032 (which represents the peak of a superior wave 1) before the onset of wave 3.

    The Fibonacci retracement tool is employed to identify potential future support or resistance levels. In this analysis, the 0.618 Fibonacci level at $0.2196 is particularly significant as it marks the peak of wave 1 and a strong resistance point that could influence future price reversals.

    Related Reading

    The analysis also identifies potential long-term resistance levels at 1, 1.414, and 1.618 Fibonacci extensions, priced at $0.3208, $0.4839, and $0.5925 respectively. These levels could play crucial roles if the bullish Wave 3 unfolds as anticipated.

    Historically, the third wave in Elliott Wave theory is often the most dynamic and extensive, indicating substantial bullish potential for DOGE. This wave aims to challenge and possibly surpass long-term resistance levels. Big Mike speculates that wave 3 could reach near the 1.414 Fibonacci extension level.

    A potential Wave 4 might see a pullback to $0.3208 (1.0 Fibonacci level), while Wave 5 could drive the Dogecoin price to $0.6723, representing a 440% increase from current levels. Notably, this is also the peak for the superior wave 3.

    The Relative Strength Index (RSI), currently below 50, suggests a neutral stance for DOGE, indicating potential for upward movement as market sentiment shifts towards buying. The Moving Average Convergence Divergence (MACD) is nearing a bullish crossover, often signaling increased bullish momentum. This indicator is pivotal as it may validate the onset of the strong upward trend projected.

    At press time, DOGE traded at $0.1248.

    Dogecoin price
    DOGE needs to reclaim the 200-day EMA, 1-day chart | Source: DOGEUSD on TradingView.com

    Featured image created with DALL·E, chart from TradingView.com

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    Jake Simmons

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  • Dogecoin Open Interest Surges To Record $1.49 Billion

    Dogecoin Open Interest Surges To Record $1.49 Billion

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    The Dogecoin open interest (OI) is surging after a week of remarkable price action. The meme coin which rose over 100% has continued to enjoy the attention of investors and traders alike, leading its open interest to reach a new all-time high.

    Dogecoin Open Interest Taps Record $1.49 Billion

    Data from Coinglass shows that there was an exponential growth in the Dogecoin open interest in the first five days of March. The open interest had closed out the month of February $870.22 million. However, only five days later, Dogecoin’s OI has risen to $1.49 billion. This rapid increase in less than one week translates to an over 70% increase in the open interest, reaching a brand new all-time high.

    The increase did not come out of nowhere, as the DOGE price had begun to recover during this time. It closed out February at a price of $0.09, but by March 5, the price has already seen an 100% increase, briefly hitting $0.2 before correcting back downward to its current price of $0.18.

    The open interest represents the interest in the meme coin as it is a total of all of the open derivatives positions in DOGE at any given time. This means that crypto traders are betting more on the price of Dogecoin and taking short and long positions in DOGE at an unprecedented rate.

    Three exchanges currently control the vast majority of the DOGE OI, namely ByBit, Binance, and OKX. ByBit takes the lead, commanding $584.13 million of 3.25 billion DOGE OI. Binance takes the second position with $511.22 million or 2.85 billion DOGE, and OKX comes in third with $194.17 million or 1.08 billion DOGE.

    DOGE Traders Caught In Tug-Of-War

    Presently, the Dogecoin price seems undecided on where it is headed next, which has led to almost equal liquidations across the camps of bulls and bears. As mentioned above, the DOGE price had briefly touched $0.2, leading to liquidations across shorter. However, its downward correction has been just as detrimental to long traders.

    Coinglass data shows that in the last 24 hours, DOGE traders have lost $33.92 million. Interestingly, long traders have actually lost more during this time as they account for $17.44 million in liquidations. While short traders have lost $16.32 million during the same time period.

    On the shorter time frame, long traders are still suffering more losses with $2.26 million lost in the last four hours compared to $453,280 in short positions. However, while this shows bulls are taking a beating, it is also proof that bullish sentiment among traders when it comes to the DOGE price remains strong.

    At the time of writing, DOGE’s price is siting $0.18 with a 7.49% increase in the last 24 hours, and an 85.98% increase in the last week.

    DOGE price at $0.18 | Source: DOGEUSD on Tradingview.com

    Featured image from Markets Insider, chart from Tradingview.com

    Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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    Scott Matherson

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  • Dogecoin Adoption Explodes In Stunning Move, Can DOGE Chart A Path To $0.2?

    Dogecoin Adoption Explodes In Stunning Move, Can DOGE Chart A Path To $0.2?

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    The Dogecoin adoption trend has taken the crypto market by surprise after the number of new wallets being created on the network skyrocketed. Last week, new wallet creations were the center of attention as more than 890,000 new DOGE wallets were added in a single week. This time around, a new Dogecoin metric is taking the stage.

    New Non-Zero Dogecoin Addresses Rise Rapidly

    In a new report, the on-chain data tracking platform Santiment has identified rapid growth in one Dogecoin metric and that is the number of new non-zero addresses. These addresses include those that were created in the last week and are holding more than 0.001 DOGE on their balances.

    The report shows that this category of addresses jumped more than 400,000 in the space of two weeks. More specifically, 413,800 new wallets have been added in the last week, with DOGE balances ranging from between 0.001 and 1 DOGE. This earns them the classification of non-zero balances.

    Interestingly, this rapid rise in adoption happened at a time when the DOGE price was struggling to hold up in the market. As Santiment notes in its post, the DOGE price is down more than 23%, while network adoption has been on a bullish run.

    However, this rise in adoption does not have a positive effect on the DOGE price, suggesting that there isn’t demand among the investors. More than likely, these new non-zero wallets are created by existing users who are looking to take advantage of and trade the newly introduced DRC-20 token standard on the network.

    DOGE price fails to move with network growth | Source: DOGEUSDT on Tradingview.com

    DOGE Comes Under More Selling Pressure

    The Dogecoin price could be looking at more struggles ahead as more sell-offs could be looming on the horizon. Whale Alert, a platform that tracks the origin and destination of large crypto transactions, has flagged a large DOGE transaction that has sparked speculation in the community.

    According to the report, the whale sent a total of 100 million DOGE coins worth over $7.8 million to the Robinhood exchange. The destination of the transaction is important because usually when investors send coins to centralized exchanges such as Robinhood, the purposes are more than likely to sell. In this case, a $7.8 million sell-off could put further pressure on an already struggling DOGE price.

    For the DOGE price to climb as high as $0.2, there would need to be a catalyst, such as Elon Musk announcing Dogecoin payments for X (formerly Twitter). If the entire crypto market continues to perform poorly though, then the DOGE price could fall as low as $0.07 before bouncing back.

    Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.



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    Best Owie

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  • Dogecoin Miners Dump 240 Million Tokens, Can DOGE Price Still Recover To $0.2?

    Dogecoin Miners Dump 240 Million Tokens, Can DOGE Price Still Recover To $0.2?

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    Dogecoin began a recovery with the rest of the crypto market in October and by December, the altcoin’s price would rise to a local peak of $0.107. Amid this recovery, DOGE miners have been selling off a significant portion of their holdings, which could explain the decline in the asset’s price earlier in the week.

    Dogecoin Miners Sell $25 Million Worth Of Tokens

    Dogecoin miners are some of the largest holders of DOGE with their holdings running into the billions. So any significant activity from them in one direction or the other can often be a major factor in where the price goes next. This time around, their activities have learned on the more bearish side and have negatively affected the DOGE price in the process.

    According to the on-chain crypto data tracking platform IntoTheBlock, Dogecoin miners have been selling into every pump in the last couple of weeks. On November 24, the total combined reserves of DOGE miners had climbed to 4.67 billion DOGE. However, by the second week of December, this figure has dropped by a few hundred million.

    Over the last month, the reserves have been on a slow decline, usually on a daily basis. But this decline adds up when zoomed out to look at the big picture. By December 12, Dogecoin miners held 4.4 billion DOGE in their balances, meaning they had sold over 240 million tokens in the space of three weeks.

    Taking an average price of DOGE over the last few weeks, the total amount of DOGE sold by these mines comes out to around $25 million. This figure would explain the mounting sell pressure that the altcoin had been acting which eventually led to a brief decline below $0.091.

    DOGE price wobbles amid uncertainty | Source: DOGEUSD On Tradingview.com

    DOGE Price Recovery In Trouble?

    After the dip earlier in the week, the Dogecoin price has begun to recover as of Thursday. This recovery pushed the price above $0.097 which is a welcome development for investors. But there is still the speculation of more sell pressure coming from DOGE miners.

    However, there seems to be a change in sentiment among these miners whose holdings have begun to rise once more. Between, December 12 and 13, their holdings went from 4.4 billion to 4.41 billion. A small recovery, but a welcome change.

    Dogecoin miner net flows are also starting to turn positive after two days of negative net flows totaling over 80 million DOGE. Net flows in this case is the difference between the total amount of inflows and the total amount of outflows from the miners’ wallets. On December 13, the miner’s net flow was 7.09 million DOGE. Still low but a stark contrast to the -43.33 million recorded on December 12.

    Featured image from AMBCrypto, chart from Tradingview.com

    Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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    Scott Matherson

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  • Dogecoin Metrics Signal Impending Breakout, How High Can The Price Go?

    Dogecoin Metrics Signal Impending Breakout, How High Can The Price Go?

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    Dogecoin is definitely on a rally as shown by crypto market numbers. The cryptocurrency has experienced a significant market increase amidst a wider consolidation, with the price up by 7.46% in the past seven days. 

    Although the price of DOGE was recently pushed back down today by some level of resistance near $0.087, it has since bounced back up again at $0.082. At the time of writing, DOGE is trading at $0.084, an increase of 2.4% from this support level. This indicates that the bulls are not ready to give up buying momentum. 

    According to a recent post by crypto analyst Rekt Capital on social media, DOGE has finally confirmed a break out of a descending channel pattern. On-chain signals also point to a huge surge in interest and trading volume, indicating DOGE might be going higher soon.

    Metrics Signal Impending Breakout

    The current state of the cryptocurrency market appears to be one of general consolidation when viewed through the lens of the price action of the many different cryptocurrencies that are tracked by Coinmarketcap. 

    Crypto market caps seem to be running out of steam after a four-week consecutive rally. However, Dogecoin’s market value has been increasing over the past week, bucking the trend of most other cryptocurrencies in the top 10 by market size, which has all shown a decline in their market caps over the past week. 

    Source: IntoTheBlock

    Dogecoin has finally broken out of its narrow trading range in the weekly candle chart, surging over 45% in the past month. Several catalysts have contributed to this impending breakout, one of which is an increased trading activity. Another catalyst is the announcement of Astrobotic’s plan to send a physical Dogecoin token to the moon in December.

    Whale movements have also contributed for the most part. According to on-chain data from crypto analytics platform Santiment, the cumulative balance of wallets holding 10 million to 1 billion DOGE has increased from 44.63 billion DOGE tokens on November 1 to a cumulative balance of 47.38 billion DOGE tokens on November 17th. As a result, these large holders have increased their holdings by 2.75 billion DOGE, worth approximately $231 million at the crypto’s current price.

    DOGE price

    Source: IntoTheBlock

    How High Can The Dogecoin Price Go?

    The technical indicators for Dogecoin are looking quite bullish right now. The short 10-day Moving Average has climbed steadily above the longer 21-day Moving Average since a bullish cross on October 23 last month, indicating the bulls still have major control over the market. A continued bullish momentum could see the crypto break various price resistances, the first being the $0.87 level.

    Doge is trading at $0.08440 at the time of writing. The next hurdle is to break above $0.09 and then move towards $0.1. According to IntoTheBlock’s Global In/Out Of The Money metric, about 1.58 million addresses are still waiting for DOGE to climb above their minimum buying price of $0.858 before making a profit.

    Dogecoin price chart from Tradingview.com

    DOGE price drops to $0.082 | Source: DOGEUSD on Tradingview.com

    Featured image from Analytics Insight, chart from Tradingview.com

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    Scott Matherson

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