Dogecoin Tanks After Gaining Momentum, Will It Mark New Gains?
The CEO of Tesla Inc., Elon Musk, is a strong proponent of Dogecoin, the leading meme coin. The influence of Musk has created a substantial impact on both DOGE and its community. In the crypto space, the majority of the trending and significant assets strive with the support of some strong proponents. If a proponent is highly reputable globally or a considerable influencer, he could trigger the trend of the asset. Related Reading: Brace For Impact: This Expert Trader Says Cardano (ADA) Will See A 50% Decline Many people follow Musk’s social media posts and rely on his judgment for....
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Dogecoin currently boasts a bearish outlook, having dropped below the $0.30 psychological level and is now at risk of losing the $0.20 level. This bearish outlook is further strengthened by a drop in DOGE’s social sentiment, mirroring Ethereum, which has also suffered significant price crashes. Dogecoin Mirrors Ethereum As Social Sentiment Tanks In an X […]
The cryptocurrency market has been getting frequent price movements recently with meme coins like Dogecoin minting gains. Some of the significant assets made an uptrend within the past two weeks. However, most of them couldn’t sustain the bullish trend for long. Hence, they have experienced a slight drop in prices this week. Bitcoin is among the assets that have shown high volatility in the past few days. But it seems to have flattened out at around the $24,000 region. Dogecoin, on its part, is recording a progressive increase in value. As a result, DOGE stands top among other meme....
Dogecoin price has risen substantially over the past day. In that timeframe, the coin’s value had appreciated by double digits. Over the last week, Dogecoin price logged a 12% gain, proving that the coin has rallied recently. The coin has been one of the top gainers on the chart, along with Ethereum, as both coins secured double-digit gains. The meme-coin has secured a monthly high at this price level. Dogecoin price finally broke through their consolidation and passed through their resistance, converting it into a support line. The technical outlook for the coin has turned bullish....
Dogecoin (DOGE) is gaining momentum as bullish pressure strengthens, positioning the price for a potential move toward the $0.2677 mark. After facing recent turbulence, buyers are stepping in to reclaim control, signaling a possible shift in market sentiment. This renewed push comes as Dogecoin finds stability above key support levels, allowing bulls to build upward pressure and challenge higher resistance zones. The growing optimism surrounding Dogecoin is driven by increasing trading volume and improved market conditions, which could fuel an extended rally. If the price continues to....
An expert crypto trader shares a strong view on Dogecoin and the broader market, saying conditions look very favorable right now. In their view, momentum is building for the Dogecoin price, and this is not a trend that traders should ignore. The trader warns that the current chart is one “you don’t want to fade.” Dogecoin ETF Launch In The U.S. Market Boosts Dogecoin Price The first reason the trader gives for their optimism is the imminent launch of the first Dogecoin Exchange-Traded Fund in the United States. The Dogecoin ETF goes live on September 11, 2025. By having an ETF in the U.S.,....