Dogecoin Teeters Between ‘Price Discovery’ And ‘Catastrophe’: What’s Next?

Dogecoin Teeters Between ‘Price Discovery’ And ‘Catastrophe’: What’s Next?

The Dogecoin price is currently down -34% from its December 8 high at $0.4843. But according to crypto analyst Kevin (@Kev_Capital_TA), DOGE has one of “the better looking” charts at the moment. In a new Broadcast on X, he offered an in-depth look at Dogecoin, the broader market environment, and key technical indicators. Dogecoin: Price Discovery Or Catastrophe? Despite the current retracement, Kevin believes Dogecoin’s chart “looks really nice at the moment” and appears stronger than many other cryptocurrencies: “This is a stronger coin compared to a lot of the market. I mean, Doge really....


Related News

Ethereum to See “Price Discovery” in 2021; Analyst Targets $750

Ethereum has seen some slight momentum over the past 24-hours that has pushed its price towards $380 This is a critical level that has historically sparked both uptrends and downtrends Whether or not this level is broken above in the near-term will provide serious insights into the crypto’s outlook One analyst is noting that its mid-term market structure is incredibly bullish, and that it is likely to lead it into “price discovery” in 2021 As […]

What’s Going On With The Dogecoin Price?

With the broader crypto market witnessing a bullish reversal, the Dogecoin price is again looking to reclaim the psychological $0.2 level. Crypto analysts such as Master Kenobi have suggested that the leading meme coin is primed to reach new highs.  Dogecoin Price Ready To Breakout From Falling Wedge  In an X post, crypto analyst Trader […]

Dogecoin: Elon Musk Skyrockets The DOGE Price Again, Here’s What’s Happening

Following Elon Musk’s Twitter acquisition confirmation last week, the price of Dogecoin (DOGE) went through the roof. For the first time since May of this year, DOGE surpassed the $0.01 mark and temporarily exceeded $0.14. On Monday, DOGE took a small breather, but it was not to last long. As numerous members of the Dogecoin […]

Dogecoin Could Collapse If This Support Fails, Analyst Warns

In a video on Wednesday, the popular YouTube channel More Crypto Online offered an analysis of Dogecoin’s price structure, suggesting that the meme-inspired cryptocurrency could be on the cusp of a breakout or breakdown—provided it falls below critical support levels. The analyst’s outlook centers around Elliott Wave counts, potential consolidation patterns, and pivotal price thresholds that could define Dogecoin’s short-term trajectory. Dogecoin Teeters On The Edge The analyst notes that Dogecoin has shown “only sideways action over the last few days, actually last 10 days or so,”....

Dogecoin Price Rally Continues

Despite experiencing a price rut lasting for the majority of 2014, Dogecoin has clawed its way back up the cryptocurrency market cap charts. After rising 18% on September 4, The Dogecoin price has continued its climb. Over the past week, the Dogecoin price has climbed more than 40%. Now, Dogecoin sits fifth among altcoins in total market cap. CCN examines the Dogecoin price charts. Dogecoin Price Rally Continues. September has been a great month for altcoins. In general, most top altcoins have seen their market caps increase, even as the Bitcoin price has struggled. Top 20-altcoins such as....