Dogecoin Will Start A Move To $4 If Current Demand Holds – Can Bulls Step In?
Dogecoin is trading below key liquidity levels as the price struggles with intense selling pressure. The entire meme coin market has seen massive liquidity outflows, with fear and uncertainty dominating investor sentiment. Speculative assets like DOGE have been hit the hardest, leading to a sharp price decline of over 35% since mid-February. With negative momentum still driving the market, some analysts speculate that this trend could continue, possibly pushing DOGE to even lower levels. Related Reading: Whales Add 190,000 Ethereum In The Last 24 Hours – The Accumulation Continues However,....
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Dogecoin price has witnessed a steep fall in the past week. It lost 15% of its market value in that given time duration. Over the last 24 hours, DOGE fell by 0.7%. The current price action pointed towards a range-bound movement. If Dogecoin price continues to consolidate it might fall below its closest line of support. If the bulls attempt to rise the price of the altcoin higher than its current level then it might trade above its resistance mark. Ever since broad market weakness stepped in, many altcoins have fallen on their respective charts. The technical outlook of Dogecoin price....
Ethereum has experienced a massive drop, losing over 27% of its value in less than five days as the market faces extreme fear and uncertainty. The rapid sell-off has fueled speculation that a bear market could be on the horizon, with many analysts calling for further downside in the coming months. Related Reading: Dogecoin Open Interest Declines 67% In Three Months – Can Meme Coins Recover? However, despite the overwhelming bearish sentiment, there is still a chance for Ethereum to recover as the price is now testing a crucial demand level. If bulls manage to hold this area, ETH could....
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....
Key Highlights. Dogecoin price looks like created a short-term top and may continue to move lower moving ahead. The highlighted resistance area at 41.0 Satoshis proved a crucial barrier and might push the price down. If sellers manage to break 38.0 Satoshis, then a move towards 36.0 Satoshis is possible in the near term. Dogecoin price failing to move above 41.0 Satoshis is a bearish sign and could ignite another round of selling if sellers step in. Downside Slide in Dogecoin Price. Dogecoin price had no relief, as there were no signs of bulls. On the other hand, there are a few signs on....
Dogecoin has leapt a massive 8% today disrespecting the resistance level of 50 to be trading at 50.8 satoshis. I have been maintaining in earlier analyses that a major move was expected in Dogecoin as the week comes to a close. The bears have given away the slight advantage that they had over the bulls and the onus is now completely on bulls to tighten their grip. Taking a technical look at the 240-minute Dogecoin/BTC price chart above reveals that the upmove has been backed by strength and that maintaining this bullish momentum will be the key to see a further rise in the market cap of....