Dogecoin

Dogecoin extended losses and traded below the $0.1420 support zone against the US Dollar. DOGE is now recovering but facing key hurdles at $0.1450. DOGE price tested the $0.1360 support and started a recovery wave. The price is trading below the $0.1450 level and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $0.1430 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price must settle above…

Dogecoin, the meme-inspired cryptocurrency that took the internet by storm in 2021, has seen a recent uptick in price. However, experts are cautioning investors against mistaking this blip for the start of a moon mission. DOGE Price Volatility Takes A Vacation One factor tempering enthusiasm is Dogecoin’s current lack of volatility. While price swings are often a hallmark of the cryptocurrency market, DOGE’s volatility has hit a 30-day low. This calmness suggests the recent price increase might not translate into…

This week, the meme coin sector is again demanding center stage, and Dogecoin, Pepe, and Dogwifhat are jousting for the top spot. Let’s take a look at the imminent forecasts for these three meme coins as well as a new contender. Top Meme Coins are Bullish and Boast Upside Potential in the Coming Weeks The consensus among leading analysts is that Dogecoin, Pepe, and Dogwifhat are bullish and could embark on the next leg up shortly. Prominent trader JD recently…

Arbitrum’s price fluctuates slightly, showing corrective moves; watch out for $1.19 resistance and $0.91 support levels. Optimism and Celestia present potential for price recovery amidst short-term turbulence, with key resistance and support levels to watch for. Despite its turmoil, the cryptocurrency market still attracts investors’ attention with new development opportunities. With the 2024 bull run in full swing, one notable Dogecoin investor has turned his attention to four alternative cryptocurrencies he believes hold significant potential. These selected coins aim to…

The Shiba Inu’s reign as king of memecoins may be facing a ruff patch. Dogecoin (DOGE) prices dipped this week after news broke of the US Securities and Exchange Commission (SEC) issuing a Wells Notice to Robinhood, a popular crypto exchange. The notice, a precursor to potential enforcement action, alleges Robinhood violated multiple securities laws. This sent shockwaves through the crypto community, with many investors, particularly those holding large amounts of DOGE (often nicknamed “whales”), pulling their funds out of…

Dogecoin (DOGE) has had mixed fortunes lately. The coin rose throughout March but fell dramatically in April and early May. However, despite DOGE’s volatility, many traders remain bullish on its long-term prospects. Some traders are also bullish on the new meme coin project Dogeverse (DOGEVERSE) – which has raised over $13 million during its token presale event. Wild Ride for DOGE Holders After Coin Hits Two-Year High It’s been a wild ride for Dogecoin in the past few months. Meme…

So far, Dogecoin has emerged as a significant player among the largest altcoins, exhibiting signs of a strong comeback, particularly highlighted by the recent profitability of numerous wallet addresses. A Surge In Dogecoin Profitable Addresses Recent data from IntoTheBlock reveals a notable uptick in the profitability of Dogecoin addresses. Of the myriad wallets in the Dogecoin ecosystem, roughly 82.66%, representing approximately 5.21 million addresses, are currently profitable. According to data from IntoTheBlock, the profitability price range remains between $0.143 and…

Dogecoin has recovered to $0. 12 recently, and thus, it anticipates bursting out of the division line created between its trading around $0. 16. The culmination of more buying than selling among investors is manifest in the swelling OI, a metric that permits foreseeing the markets and price trajectories. Dogecoin (DOGE), the well-known meme-based digital currency, has experienced intense price movement recently, part of the dust storm that has swept the cryptocurrency market. However, Dogecoin has recently recovered to $0.…

Although the crypto market is brewing with several opportunities, the current trend signifies a period of volatility. This is especially true for meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), whose success hinges heavily on hype and community. However, recent trends suggest a shift in gears for some big-money investors, with whales abandoning ship and setting sail for a new frontier – the DTX Exchange presale. Shiba Inu Woes as Memecoin Loses Steam After Early 2024 Rally Shiba Inu…