Dogecoin (DOGE) Weakens Again – Bulls On Alert As Downside Risks Resurface
Dogecoin started a fresh decline below the $0.260 zone against the US Dollar. DOGE is now consolidating and might dip further if it stays below $0.2550. DOGE price started a fresh decline below the $0.2550 level. The price is trading below the $0.2550 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.2570 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if there is a move below $0.2420. Dogecoin Price Trims Gains Dogecoin price started a fresh decline after it closed below $0.2620,....
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Dogecoin is trading above the $0.20 level after days of intense selling pressure and market-wide volatility. Bulls have lost control of the price action, and DOGE is now at risk of further declines if it fails to hold key support. The broader meme coin market has also been hit hard, contributing to Dogecoin’s struggles as sentiment remains weak. Related Reading: Ethereum Retraces To Critical Monthly Demand Level – Can ETH Hold Selling Pressure? Top analyst Ali Martinez shared a technical analysis on X, revealing that DOGE is testing a high-time-frame support level around $0.18. This level....
Data shows a Dogecoin whale has transferred more than $9 million worth of DOGE to Binance, as the price of the crypto has been shooting up. Dogecoin Whale Deposited $9.4 Million In DOGE To Binance During The Last 24 Hours According to cryptocurrency transaction tracker Whale Alert, a huge DOGE transaction has been spotted during […]
Following two days of declines, dogecoin rebounded earlier in today’s session, moving away from a key level of support. The meme coin, which has been hovering close to a one-month low, surged, as bulls seemingly bought the dip. The token formerly known as ripple (xrp) was also higher. Dogecoin (DOGE) Dogecoin (DOGE) was a notable gainer in today’s session, as the meme coin rebounded following recent losses. So far this week, DOGE/USD has been trading around a floor of $0.0580, however prices rallied beyond that point today. The world’s tenth largest cryptocurrency rose....
Recently, a Dogecoin developer flagged a new scam attempt, alerting the community to the rise of suspicious token promotions. Despite the decentralized nature of the crypto space, there has been growing scam activity, especially involving speculative assets like Dogecoin (DOGE). Dogecoin Developer Cautions Against New Scam A pseudonymous Dogecoin developer known as ‘inevitable360’ has taken […]
Dogecoin remained strong and it rallied further above $0.5000 against the US Dollar. DOGE surged over 50% and it traded to a new all-time high above $0.6500. DOGE extended its rally and it cleared the $0.5000 and $0.5500 resistance levels against the US dollar. The price is trading well above the $0.5000 zone and the […]