Dogecoin

Dogecoin is showing positive signs above the $0.0750 resistance against the US Dollar. DOGE could rally over 10% if it clears the $0.0812 resistance zone. DOGE started a decent increase above the $0.0750 resistance against the US dollar. The price is trading above the $0.0785 level and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.0792 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price could start a strong rally like Solana if it clears the $0.0812 resistance. Dogecoin Price Eyes Fresh Rally After forming a base above the $0.070 level, Dogecoin price started a fresh increase. DOGE broke the $0.0725 resistance zone to move into a positive zone, like Bitcoin and Ethereum. The bulls were able to push the price further above the $0.0750 resistance. There was a clear move above the 50% Fib retracement level of the downward move from the $0.0875 swing high to the $0.0707 low. However, the price seems to be struggling near the $0.0812 resistance. DOGE is now trading above the $0.0785 level and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support near $0.0792 on the 4-hour chart of the DOGE/USD pair. On the upside, the price is facing resistance near the $0.0812 level. It is close to the 61.8% Fib retracement level of the downward move from the $0.0875 swing high to the $0.0707 low. The next major resistance is near the $0.0835 level. Source: DOGEUSD on TradingView.com A close above the $0.0835 resistance might send the price toward the $0.088 resistance. The next major resistance is near $0.0920. Any more gains might send the price toward the $0.095 level. Are Dips Supported in DOGE? If DOGE’s price fails to gain pace above the $0.0812 level, it could start a downside correction. Initial support on the downside is near the $0.0792 level and the trend line. The next major support is near the $0.0770 level. If there is a downside break below the $0.0770 support, the price could decline further. In the stated case, the price might decline toward the $0.0710 level. Technical Indicators 4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. 4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.0792, $0.0770, and $0.0710. Major Resistance Levels – $0.0812, $0.0835, and $0.0880.

Dogecoin Price Prediction – DOGE Bulls Be Able to Hit $0.092 Barrier?

Data shows altcoins have been losing correlation with Bitcoin recently, and among them, XRP and BNB have seen particularly pronounced decoupling. XRP & BNB Have Seen Largest Drops In 60-Day Correlation To Bitcoin As pointed out by an analyst in a post on X, BTC has recently seen a drop in correlation with the altcoins. The “correlation” here refers to an indicator that keeps track of how tied the prices of any two assets are right now. When the value of this metric is positive, it means that the given assets respond to moves in each other’s price by moving in the same direction. The closer the indicator’s value is to 100%, the stronger this correlation is. Related Reading: Bitcoin Bull Run Is Only Just Starting, According To This Metric On the other hand, negative values imply that there is a negative correlation between the assets, as their prices are moving opposite to each other. In this case, the extreme is -100%, so the more negative the value, the more tight the relationship is. The 0% mark represents the point where no correlation exists between the prices, implying that movements in one have no bearing on how the other might perform. Now, here is a chart that shows what the 60-day correlation between Bitcoin’s daily log returns and various altcoins looks like right now, as well as how it compared a year back: Looks like XRP has seen the strongest decoupling out of these coins | Source: @CryptoBusy on X As displayed in the above graph, the 60-day correlation between Bitcoin and XRP appears to have significantly decreased in this period, as it has plunged from nearly 80% to almost 40%. This means that XRP’s price has been moving much more independently of BTC during the past 60 days. BNB (BNB), Avalanche (AVAX), and Solana (SOL) have also seen some decoupling from the original cryptocurrency. Still, these alts have seen the indicator decline by much less than XRP has observed. Cardano (ADA) and Dogecoin (DOGE) are the altcoins that have observed the least amount of change. However, in the case of the memecoin the correlation was lesser than the other assets to begin with, so even with the small decoupling, its correlation level is still matching that of BNB. Generally, correlation is something to watch for whenever an investor is trying to diversify their portfolio, as two assets with significant correlation wouldn’t provide much safety. Related Reading: Santiment Reveals Trigger Behind Bitcoin Rally: Will This Signal Reignite? Thus, as XRP is currently the cryptocurrency least correlated with Bitcoin on this list, it might be a better diversification option than coins like Ethereum (ETH) or Polygon (MATIC), which have the 60-day value of the indicator at relatively high levels still. XRP Price Just a few days back, XRP had revisited the territory above the $0.63 mark, but it wasn’t long before it slipped again and went under the $0.60 level. Since this low, though, the cryptocurrency has seen some recovery, as it has now neared $0.61 once again. XRP seems to have gone through a tumble recently | Source: XRPUSD on TradingView Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, Kaiko.com

XRP, BNB Among Altcoins Losing Correlation With Bitcoin: Data

Top DOGE core developer cautions new community members as Dogecoin hits a landmark milestone.
Continue reading at DailyCoin.

Dogecoin Dev Warns New Holders on Rising X and Telegram Hacks

A memecoin rivaling the likes of Dogecoin (DOGE) and Shiba Inu (SHIB) built on the Solana (SOL) blockchain is rallying on a new major listing. KuCoin, the sixth largest crypto exchange by trading volume and known for supporting “altcoin gems” listed Bonk (BONK) yesterday on its platform. According to the announcement, BONK trading begins today, with […]
The post Solana-Based Dogecoin Rival Rallies After Suprise Listing on Crypto Exchange KuCoin appeared first on The Daily Hodl.

Solana-Based Dogecoin Rival Rallies After Suprise Listing on Crypto Exchange KuCoin

On-chain data shows Dogecoin has reached a new milestone as the meme coin now has over 5 million addresses that are holding some tokens in their balance. Dogecoin Has Observed Both Adoption And Usage Recently According to data shared by the market intelligence platform IntoTheBlock, there are now more than five million DOGE addresses that […]

Dogecoin Belief Grows: 5 Million Users Now Back DOGE

Memecoins like Dogecoin and Shiba Inu have made millionaires, but for every successful memecoin, there are 10,000 failed ones.

Dogecoin (DOGE) vs Shiba Inu (SHIB) - Here's why the whales prefer Everlodge (ELDG)


                    
                    Dogecoin is down today primarily due to technical factors as DOGE price now risks a deeper correction by as much as 70%.
                    The price of Dogecoin (DOGE) is down today, mirroring trends elsewhere in the cryptocurrency market.Why is Dogecoin price down today?On Nov. 28, DOGE's price dropped over 3.5% to $0.076, underperforming the crypto market, which fell by around 1.25% in the same period. The memecoin's price decline is part of a broader correction that has witnessed nearly a 12.5% retreat in over a week.XRP/USD daily price chart. Source: TradingViewLet's take a closer look at the most likely reasons behind Dogecoin's latest pullback.Bearish divergenceDogecoin's drop today precedes a period of growing bearish divergence between its price and a key momentum indicator.Notably, between Oct. 6 and Nov. 17, DOGE's price rallied, forming higher highs. But, in the same period, its daily relative strength index (RSI) dropped, forming lower highs.DOGE/USD daily price chart. Source: TradingViewAs a rule of technical analysis, a divergence between rising prices and falling RSI indicates weakness in the prevailing uptrend, prompting traders to secure profits at local price highs.Rising Bitcoin dominanceDogecoin's price drop today is part of the decline in the broader altcoin market weight versus Bitcoin (BTC).Notably, the Bitcoin Dominance Index, which measures the top cryptocurrency's market share versus the combined weight of all altcoins, has risen 0.83% in the past 24 hours. In simple words, traders have rotated their capital from altcoins to Bitcoin.BTC.D daily performance chart. Source: TradingViewIn contrast, Dogecoin's market dominance versus the rest of the crypto market declined by over 1% on Nov. 28.Psychological resistanceDogecoin's price decline today appears to be a result of a bearish rejection by one of its strongest distribution areas.Notably, DOGE's price reversed after retesting its 0.236 Fib line near $0.081 as resistance. Since May 2023, its attempt to close above this price level has failed, as illustrated below.DOGE/USD daily price chart. Source: TradingViewAs a result, DOGE's likelihood of continuing its pullback move is high in December 2023, with its 50-day exponential moving average (50-day EMA; the red wave) near $0.072 acting as the primary downside target.DOGE whales sellDogecoin's price decline coincides with a reduction in the DOGE supply held by its richest investors.Notably, the supply controlled by Dogecoin addresses with a balance between 100 million and 1 billion DOGE tokens (the green wave) has dropped nearly 1% in the past two weeks. Interestingly, the supply held by the next cohort — those holding over 1 billion DOGE (the black wave) — has jumped 0.5% in the same period.DOGE supply holdings among addresses with 100 million-infinity token balance. Source: SantimentThe 1 billion-plus DOGE balance cohort may include addresses associated with crypto exchanges and over-the-counter trading desks, indicating whales have transferred their Dogecoin to such platforms for the purpose of selling.Is Dogecoin bull market over?From a technical perspective, DOGE needs to break above the upper trendline of its prevailing descending triangle setup. If this bullish scenario plays out, the price may reach $0.10, its September 2022 resistance, by the end of 2023.DOGE/USD weekly price chart. Source: TradingViewThe bears, however, will try to pull down DOGE/USD by 25% to $0.056 by the year's end, and perhaps even by 70% to $0.023 in Q1, 2024 if the price breaks below the triangle's lower trendline.Related: Director YOLO’d $4M of Netflix budget into Dogecoin, made $27M: ReportA descending triangle forming in a downtrend is considered a bearish continuation setup. The pattern resolves when the price breaks below its lower trendline and falls by as much as the maximum distance between its upper and lower trendline. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.


Why is Dogecoin price down today?

With crypto scams growing daily in the space, it is becoming increasingly important to implement proper security measures. As a result, Dogecoin developer, Mishaboar has sent out precautionary security messages to DOGE community members.  Urgent Warning To DOGE Users Dogecoin Chief Developer, Mishaboar has recently taken to X (formerly Twitter), to deliver an urgent warning […]

Dogecoin Developer Delivers Urgent Warning To DOGE Community

Led by Dogecoin (DOGE), the memecoin market has not had a good show since the start of November. For instance, DOGE’s value in the last 30 days has decreased by 3.70%, according to data from CoinMarketCap. Others like Memecoin (MEME), Floki (FLOKI), Shiba Inu (SHIB), and Pepe(PEPE) have also seen their prices slip within the […]
The post Memes on The Slide: DOGE, SHIB, PEPE, FLOKI and MEME Show Weakness appeared first on Coin Edition.

Memes on The Slide: DOGE, SHIB, PEPE, FLOKI and MEME Show Weakness

Dogecoin price prediction: Altcoins have over the last couple of months de-correlated from Bitcoin based on fundamental data from research firm Kaiko. While XRP and Binance (BNB) posted the largest drop in the correlation index, Dogecoin (DOGE) and Cardano (ADA) remained mostly correlated. #Bitcoin has de-correlated with #Altcoins in the last 60 days!$XRP and #BNB 
The post Dogecoin Price Prediction: Will DOGE Rally As Addresses With A Balance Surpass 5M appeared first on CoinGape.

Dogecoin Price Prediction: Will DOGE Rally As Addresses With A Balance Surpass 5M

Source: Bing Image Creator The Dogecoin price has fallen by 1.5% in the past 24 hours, slipping to $0.078079 after the number of non-zero DOGE wallet addresses passed the 5 million-mark yesterday. DOGE is now up by 1.5% in a week and by 13% in the last 30 days, with the meme token up by […]
The post Dogecoin Price Prediction as Adoption Grows to 5 Million Wallet Addresses – Can DOGE Reach $10? appeared first on Cryptonews.

Dogecoin Price Prediction as Adoption Grows to 5 Million Wallet Addresses – Can DOGE Reach $10?

Learn about the latest crypto dynamics with meme coins Dogecoin, Shiba Inu and GameStop Memes.

GameStop Memes Takes on Dogecoin and Shiba Inu with 500x Potential

Although the cryptocurrency market has turned red, with Dogecoin (DOGE) being no exception, the famous dog-themed cryptocurrency has reached a … Continued
The post DOGE hits milestone of 5 million addresses with balance appeared first on Finbold.

DOGE hits milestone of 5 million addresses with balance

Positive events have come for Solana (SOL), the high-performance blockchain network, indicating bullish momentum. In the last month, the price of Solana has risen by 84%, and is currently trading at $56. With gains of 18 out of the previous 30 days and price volatility of 22.32%, Solana is still a force to reckon with. In that span of time, SOL’s price surged by a staggering 78%, from $32 to $57. The ecosystem is much more excited now that Binance has listed BONK, a meme coin based in Solana. Further evidence of Solana’s commitment to the arts is the creation of Artists in Residence, a bustling studio that showcases the variety of art forms involved in the project. Introducing Artists in Residence: A living studio, curated to showcase the diversity of art in the Solana ecosystem. Witness the artists create live at @ArtBasel Miami Beach & celebrate a dimension of creative expression that is only possible on Solana.https://t.co/jMFWmVE31d pic.twitter.com/p9IjB8pGKd — Solana (@solana) November 20, 2023 Related Reading: XRP Market Drama: Ups, Downs And The $3 Horizon – Experts Weigh In On The Future Analyst’s Bullish Prognosis: Solana’s Surge As Ethereum Challenger Bluntz, a well-known pseudonymous cryptocurrency expert, has shared an intriguing forecast for Solana (SOL), predicting a strong rebound and an upward trend for the virtual asset. Bluntz recently stated in a YouTube presentation that Solana’s native cryptocurrency, SOL, which is a strong competitor to Ethereum (ETH), has a potential to hit the $80 level. Based on his research, Solana looks to be about to experience a significant uptick, indicating possible buying opportunities as it stands as a formidable Ethereum substitute in the cryptocurrency market. The Elliott Wave theory, a popular technical analysis approach in trading that Ralph Nelson Elliott created in the 1930s, is the main focus of Bluntz’s analysis. Elliott Wave theory states that price movements in financial markets typically follow a natural rhythm that consists of five waves that follow the trend and three waves that correct it. Bluntz said that Solana has effectively passed through its corrective phase—a pivotal point that suggests there may be a big upswing. His analysis indicates that this pattern marks the end of Solana’s declining price trend and the beginning of a new growing phase for the cryptocurrency. Related Reading: The Dogecoin Surge: Unveiling The Catalyst Behind Rising Transactions SOL market cap currently at $23.205 billion on the daily chart: TradingView.com Solana’s Anticipated Triple-Digit Surge In 2024 Meanwhile, X account @AltcoinSherpa, a crypto analyst, is optimistic about SOL. After analyzing the SOL price pattern, the analyst stated that a sub-$50 entry would be excellent and that they expected the SOL price to correct. The price of Solana has been rising since mid-October 2023, and reaching its 2023 peak of $68.20 on November 16 before a decline started. AltcoinSherpa projects that the price of SOL would soar to three figures in 2024. 1/ Exciting times for the Solana community as we delve into the post-Breakpoint era! 🌐 Solana Breakpoint 2023 in Amsterdam was a game-changer, fueling a massive 140% surge in $SOL and an overall ecosystem rebound. 📈 Let’s break down the highlights! pic.twitter.com/cF2Na7a97O — CoinEx Global (@coinexcom) November 24, 2023 In a related development, CoinEx Research, the research and development arm of the CoinEx cryptocurrency exchange site, talked about the top Solana ecosystem trends in Q4 2023. The recent Solana Breakpoint 2023, a yearly Solana community event in Amsterdam, was the clear cause of the huge surge in the SOL-focused ecosystem, according to CoinEx Research. Owing to all of these elements, market analysts have projected a bullish price for Solana. By December 2023, they predict its worth to have increased to $60 or more, indicating a strong growth and potential for innovation. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Shutterstock

Revving Up: Solana Bulls Ready To Charge As Analysts Predict Rally Beyond $80

The prices of popular meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) have slipped over the past two days, ending last week’s bullish momentum. Both DOGE and SHIB saw huge gains throughout last week, yet profit-taking from investors has forced prices to drop. However, the new meme coin Meme Kombat (MK) has received optimistic forecasts […]

Dogecoin & Shiba Inu Prices Slip But New Meme Coin $MK Receives Bullish Forecast

The post This Just In: Shiba Memu, Memeinator & 500x Project GameStop Memes Tops Meme Coin Presale List appeared first on Coinpedia Fintech News
They told us Dogecoin was a one-hit wonder. Then Shiba Inu wagged its tail, and Floki barked up a storm. “Just passing trends,” the naysayers whispered. But then along comes Wall Street Memes, casually raking in a cool 25 million in its 2023 crypto presale. “Oh, not another one!” they groaned. The meme market is …

This Just In: Shiba Memu, Memeinator & 500x Project GameStop Memes Tops Meme Coin Presale List

Dogecoin's price has seen an impressive 54% rally since hitting its October low. This surge is accompanied by notable developments in on-chain metrics and community sentiment. 
The post Dogecoin (DOGE) Price Eyes Bullish Momentum as 63% of Addresses Now in Profit appeared first on BeInCrypto.

Dogecoin (DOGE) Price Eyes Bullish Momentum as 63% of Addresses Now in Profit

DOGE's market value has risen 14% to almost $11 billion this month.

Dogecoin Now Held at 5M Crypto Addresses, Though Concentration Remains a Concern

The post Dogecoin and Everlodge Address Surge Indicates Growing Interest, Pepe Coins Moved to Binance Earn appeared first on Coinpedia Fintech News
In the always-moving cryptocurrency market, newcomers often face established giants. While Dogecoin (DOGE) and Pepe (PEPE) are considered such titans, Everlodge (ELDG) will bring real-world utility to the table. This article will examine their recent developments and determine why ELDG may have a competitive edge.  Dogecoin (DOGE): Address Surge Indicates Growing Interest Recent data shared …

Dogecoin and Everlodge Address Surge Indicates Growing Interest, Pepe Coins Moved to Binance Earn

The Shiba Inu cryptocurrency, positioned as the self-proclaimed Dogecoin killer, recently caught the eyes of crypto market traders and investors homogenously as the token experienced a massive surge in burning activity. However, amid the ongoing SHIB burning chronicle, the token’s price also noted marginal falls over the past twenty-four hours. The recent advancements made by 
The post Shiba Inu Burn Rate Surges 11000%, SHIB Price To Rally? appeared first on CoinGape.

Shiba Inu Burn Rate Surges 11000%, SHIB Price To Rally?

Altcoins can be an excellent alternative to Bitcoin, the largest crypto asset by trade volume. You have probably already heard of Ethereum, Dogecoin or even Tether, however, looking even deeper into what cryptocurrencies are available, can be more beneficial to start in the world of crypto. If an ‘altcoin season’ is in store, what is […]
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