Dogecoin’s Selloff Tests Long-Held Beliefs as Traders Debate Capitulation or ...
Dogecoin’s (DOGE) latest selloff has forced traders to confront a question that has followed the meme coin since its peak years. Is this another temporary washout, or a deeper reset in how the market values DOGE? Related Reading: XRP Hasn’t Entered A Bear Market Yet; Analyst Shares Why Over the past 24 hours, Dogecoin slipped sharply below levels that had held through weeks of consolidation, erasing a sense of stability that many participants had grown accustomed to. The move unfolded without a single defining catalyst, instead reflecting broader weakness across higher-beta crypto....
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Dogecoin may be lining up for a deeper breakdown even if Bitcoin manages a short-term bounce, according to pseudonymous analyst VisionPulsed, who argues that a familiar 2022-style pattern is re-emerging across majors and memecoins. In a video published December 16, the analyst frames the near-term setup around Bitcoin’s daily stochastic RSI, which is moving from overbought back toward oversold. Over the past two months, every such reset on the daily chart has coincided with fresh lows in price. This time, he says, the structure is slightly different — and that matters for how Dogecoin....
Bitcoin has seen some massive momentum throughout the morning that has allowed it to erase a good portion of the losses that came about due to yesterday’s plunge This selloff marked capitulation amongst investors, with many clearly fearing that the multi-month uptrend that led BTC to highs of $42,000 was over and that a deep […]
The realized price of bitcoin is around $24,000 and a lack of long-term holder capitulation means there is potentially more downside to come.
Dogecoin’s higher-time-frame structure is starting to look constructive again. In a technical analysis posted on X, crypto analyst EtherNasyonaL noted that Dogecoin’s market cap has completed a build, and momentum is ready, pointing to a cup-and-handle breakout retest breakout on the monthly market-cap chart. The chart he shared shows Dogecoin’s market cap hovering just under $30 billion, riding above its 25-month moving average with a gentle series of higher lows that has been developing since the 2022 bear market base. Related Reading: XRP Sparks Bullish Frenzy As Top Software Dev Says....
Quick Facts: ➡️ The Dogecoin vs Bitcoin debate underscores a clash between long-term stability and high-risk, community-led speculation. ➡️ Retail traders continue to hunt for low-cap tokens capable of delivering explosive growth reminiscent of Dogecoin’s early cycles. ➡️ Stealing the spotlight from both $BTC and $DOGE, Maxi Doge introduces a utility-backed model built on competitive […]