Dogecoin (DOGE) On The Brink Of A Major Breakout: 800% Rally In Sight
Dogecoin (DOGE), the leading memecoin in the cryptocurrency space, has faced significant challenges this week, experiencing a 22% decline. According to data from CoinGecko, DOGE is nearly 70% lower than its all-time high of $0.73. Despite these setbacks, analysts remain optimistic about Dogecoin’s future price performance. Dogecoin On Track For Major Rally The anticipated onset of an altcoin season in the last quarter of the year, combined with critical support levels, has contributed to a bullish sentiment among market watchers. Related Reading: All-Time Highs For Gold, S&P500;....
Related News
Dogecoin ($DOGE) is having a rollicking September. The biggest meme coin in the world is up a whopping 32% this month so far. Many believe this is just the trailer, as DOGE is simply showing what’s to come ahead of a potential full-blown altcoin season. Dogecoin’s current rally is coming from a major technical breakout. […]
The Dogecoin price has just completed a key technical breakout against Bitcoin (BTC), potentially signaling the start of a significant rally. According to the analyst who identified the Falling Wedge breakout, Dogecoin may also outperform Bitcoin in this market cycle. Dogecoin Price Eyes Pump After Falling Wedge Breakout On April 27, Trader Tardigrade, an X […]
Dogecoin (DOGE) whales are gearing up for a bullish reversal for the foremost meme coin. On-chain data shows that these whales have regained their confidence in Dogecoin and are accumulating more DOGE ahead of a potential rally for the meme coin. Related Reading: 6,400 Ethereum Mystery Move Sparks ETH Rally Talk Pre-ETF Nod Dogecoin Whale Accumulation Spikes By 868% Data from the on-chain analytics platform IntoTheBlock shows that Dogecoin whales bought 364.38 million DOGE on July 10, representing an 868% surge from the previous day when these large holders offloaded 37.05 million DOGE.....
Back in 2024, the Dogecoin price trended low for a significant amount of time, shattering expectations of a rally. However, with the year drawing to a close, the tides began to change and the meme coin saw its value rising. One crypto analyst that predicted the rise is World of Charts, who took to X (formerly Twitter), to share with their over 30,000 followers the formation of a falling wedge pattern and the eventual breakout that would lead to new yearly peaks. Calling The Dogecoin Price Bottom In September 2024, the Dogecoin price was still trending below $0.1 after months of....
Dogecoin’s recent upward trend witnessed a brief setback on Thursday as its price dropped to levels below $0.17. However, the dog-themed meme coin has regained its footing and has rebounded slightly above $0.18 within hours, reflecting its robust resilience. With DOGE showing notable upside momentum, many enthusiasts continue to point to an extension of the […]