Dogecoin

The Dogecoin price action seems to have turned bearish after a bearish close to April. Projections for the meme cryptocurrency are not bullish in the short term, especially considering the fact that it is now experiencing a 47% price correction from its highest point in the current market cycle. Despite its recent plunge, one analyst believes all is still well with Dogecoin, and the crypto asset is only gearing up for a bull run into new price territories.  Dogecoin Repeating…

The post Furrever Token (FURR) Steals Spotlight with $10,000 Reward Competition Amidst Dogecoin (DOGE) and Shiba Inu (SHIB) Recovery Signals appeared first on Coinpedia Fintech News In the midst of challenging market conditions characterized by steep declines witnessed over the past week, investors find themselves navigating through turbulent waters. While recent signals of recovery in tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) offer a glimmer of hope, it’s Furrever Token (FURR) that has emerged as a standout. Despite the…

Dogecoin (DOGE), the Shiba Inu-faced darling of the 2021 memecoin frenzy, has found itself shivering in the current crypto winter. Once a symbol of retail investor exuberance, DOGE has plummeted over 70% from its sky-high peak, leaving its future shrouded in uncertainty. DOGE Feels The Crypto Frost While Bitcoin, the heavyweight champion of the crypto world, grabs headlines with its recent wobble, the impact on memecoins like DOGE has been brutal. Unlike Bitcoin’s divided analyst opinions, the sentiment surrounding DOGE…

In an analysis shared via X, crypto analyst Ali Martinez elaborated on the ongoing price correction of Dogecoin (DOGE), positing that it is a consistent precursor to major bull runs, drawing on historical patterns to forecast future price movements. Martinez’s commentary centers on the chart pattern known as the “descending triangle.” This is a bearish formation that occurs when the price follows a downward trendline intersecting a flat support line. Typically, this pattern indicates a continuation of a downward trend,…

TL;DR Dogecoin’s price (DOGE) has declined sharply, but historical patterns suggest this drop could precede a significant bull run, according to analyst Ali Martinez. Key metrics for the meme coin, including increases in active wallets, transaction volumes, and daily addresses, indicate sustained interest and activity. Is DOGE’s Recent Correction Part of the Bullish Path? The largest meme coin in terms of market capitalization has suffered painful losses in the past few weeks following the latest slump of the entire crypto sector. Its…

Dogecoin extended losses and traded below the $0.1350 resistance zone against the US Dollar. DOGE is now testing an important support at $0.1200. DOGE gained bearish momentum below the $0.140 and $0.1350 levels against the US dollar. The price is trading below the $0.1350 level and the 100 simple moving average (4 hours). There is a major bearish trend line forming with resistance at $0.1350 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price must…

The crypto market is on a dip, and this could be the perfect time for revolutionary presale WienerAI to thrive.  Having raised over $700K so far, traders are certainly interested in this part AI, part sausage dog crossbreed. Alongside its total raise, pundits are hailing the new presale, speculating big gains are at play for relentless degens that buy on the market downturn. Leading analysts say WienerAI will 100X, and juggernaut media outlets are interested Unsurprisingly, a cryptocurrency blending the…

Justin Sun highlighted the importance of meme coins in distinguishing the crypto industry from traditional finance and urged further development of such projects. He underscored the significant market valuations exceeding $10 billion for top meme coins, attributing their success to factors like fair launches and community engagement. Tron DAO founder and CEO Justin Sun expressed his support for meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Floki (FLOKI) during the Token 2049 conference. Sun emphasized the significance of meme…

As April comes to a bearish close, expectations for Dogecoin in May are not exactly bullish, especially as the crypto market has continued to fall. DOGE has been one of the main losers during this time, falling below $0.14. This underperformance is expected to continue as the machine learning algorithm at CoinCodex predicts further decline for the meme coin. Algorithm Predicts Another 13% Decline Despite the Dogecoin price already suffering a notable 14% decline in the last week, the machine…