DOGE Turns Bullish: Fresh ETF Listing and Rising On-Chain Activity Triggers D...
Dogecoin (DOGE) is back in the spotlight after a week of explosive developments that have shifted market sentiment firmly into bullish territory. Related Reading: Bitcoin’s November Crash To Continue If This Level Isn’t Reclaimed, Analyst Warns The launch of Grayscale’s Dogecoin ETF, along with rising on-chain activity and renewed retail enthusiasm, has combined to push DOGE into a breakout zone that analysts say could define its next major trend. As the broader crypto market remains volatile, Dogecoin is proving once again that its unique blend of cultural appeal and market structure can....
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On-chain activity and trading volumes at major exchanges have analysts convinced that DOGE is turning bullish again. The cryptocurrency market has had a wild ride thus far in 2021 as multiple sub-sectors like decentralized finance (DeFi), NFTs, meme coins and layer-two solutions have seen their TVL and token values skyrocket to new highs. One of the biggest success stories of the year was been Dogecoin (DOGE), a simple 'joke' cryptocurrency that has morphed into a darling of the cryptocurrency sector. Interestingly, over the past month, the project is again gaining momentum and several....
Dogecoin started a fresh increase above the $0.250 zone against the US Dollar. DOGE is now consolidating and might aim for more gains above $0.270. DOGE price started a fresh upward move above $0.250 and $0.2550. The price is trading above the $0.2550 level and the 100-hourly simple moving average. There is a bullish trend line forming with support at $0.2580 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for more gains if it remains stable above $0.2550. Dogecoin Price Turns Green Dogecoin price started a fresh increase after it settled above....
Dogecoin started a fresh increase from the $0.2500 support against the US Dollar. DOGE is rising and the bulls seem to be eyeing an upside break above the $0.3500 resistance DOGE is holding the ground above the $0.3000 and $0.2800 levels against the US dollar. The price is trading nicely above the $0.3000 support and […]
Data from Santiment suggests that three altcoins have recently seen particularly notable bullish action in their address activity. Render, Aave, & Maker Are Altcoins Seeing High Active Addresses Currently In a new post on X, the on-chain analytics firm Santiment discussed the altcoins currently witnessing a significant surge in network activity. The relevant on-chain metric […]
Dogecoin declined heavily from the $0.160 resistance against the US Dollar. DOGE could start a fresh increase if it stays above the $0.090 support zone. DOGE topped near the $0.160 zone and started a fresh decline against the US dollar. The price is trading well above the $0.0700 zone and the 100-day simple moving average. There was a break below a key rising channel with support near $0.1180 on the daily chart of the DOGE/USD pair (data source from Kraken). The pair must stay above the $0.090 support zone to avoid more losses. Dogecoin Trims Gains In the past few days, dogecoin saw a....