Dogecoin’s Surging Price Has Resurrected Its Technical Development
Wow, after such price rise, Dogecoin’s developers have much coding to do.
Related News
The cryptocurrency market has been running through a period of consolidation over the past seven days, with notable corrections observed in both Bitcoin and Dogecoin. Bitcoin, after hitting an all-time high of $108,135 on December 17, has seen a retracement towards $93,000. Similarly, Dogecoin has faced pressure, dipping from its recent highs near $0.48 to settle just above $0.30 at the time of writing. According to technical analysis of both cryptocurrencies, an interesting correlation has emerged that points to Dogecoin surging to $5 in the next few months. The 800-Day Trend: A Case For....
The Shiba Inu price has closely followed Dogecoin, considering that the two are the largest meme coins by market cap. This has led to talks of what SHIB’s price would be if it reached Dogecoin’s market cap. What The Shiba Inu Price Will Be If It Reaches Dogecoin’s Market Cap MarketCapOf data shows that the […]
Dogecoin’s latest price movement has stalled at a critical resistance level, preventing a bullish breakout above $0.28. As such, the meme coin is now back to battling to hold above support at $0.25. Interestingly, technical analysis shows that this recent rejection at $0.28 has caused a failed predicted breakout above technical indicators. Particularly, crypto analyst […]
The Dogecoin price has been gearing up for a major bull rally since it rose to the $0.4 threshold and began testing this resistance. Shedding light on Dogecoin’s future bullish trajectory, a crypto analyst has discussed the importance of the $0.22 50-day Moving Average (MA) in determining the Dogecoin price movements in this bull cycle. How The 50-Day MA Impacts The Dogecoin Price Rally The 50-day MA is a technical indicator that highlights a cryptocurrency’s average price over the last 50 trading days. It is primarily used to identify price trends, determine resistance and support....
A new technical chart shared by crypto analyst Cas Abbé (@cas_abbe) on X is showing a recurring bullish pattern in Dogecoin’s price action. The 3-day chart highlights three distinct descending channels in Dogecoin’s history—one during Q4 2023, another in Q3 2024, and the current one in early 2025—that each preceded major price surges of over 150%. Dogecoin’s 150% Breakout Pattern Is Back Abbé writes via X: “DOGE is currently in a bullish descending channel, similar to Q4 2023 and Q3 2024. In both cases, the breakout resulted in a 150%+ pump.” The chart illustrates how Dogecoin formed a....