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Renowned crypto analyst Jonathan Carter has provided insights into the price trajectory of Dogecoin (DOGE), highlighting a significant technical pattern that could signal an upcoming bullish movement. According to Carter, a triangle pattern has been developing on Dogecoin’s price chart, indicative of a price squeeze. In this scenario, the price consolidates within a narrowing range, […]
Dogecoin (DOGE) is showing strong signs of a significant bullish breakout. Over the past week, DOGE has climbed nearly 16%, aligning with the broader markets upward trend. This consistent growth signals the potential start of a powerful move that could drive the meme coin toward new heights. Currently trading at $0.1815, Dogecoin boasts a 24-hour […]
Dogecoin (DOGE) is about to experience a significant upward movement. It attracts the interest of many optimistic analysts predicting strong performance and rapid value increase. DOGE remains steadfast, showing strength and readiness for a bullish rally. At the time of writing, Dogecoin’s price stands at $0.158312. It has an impressive 24-hour trading volume of $55.09 […]
Key Takeaways: Dogecoin (DOGE) is hovering around its crucial support level and is on the verge of a breakout. DOGE is currently facing volatility and experiencing downward pressure. Despite this short term pullback, the overall DOGE price trajectory is looking promising. While the overall market is not so volatile, Bitcoin is also holding above its […]
Dogecoin (DOGE) has been rising significantly in value, with its latest figures showing a noticeable jump. At writing time, Dogecoin is valued at $0.149884 and it has significant 24 hour volume of trade worth $6.06 billion and a market capitalization figure of $21.52 billion respectively. DOGE has gained by an impressive 16.51% in the past […]
Dogecoin (DOGE), along with other meme coins, faced major instability during a two-month downturn in the crypto market. Despite the price drop, the utility of DOGE continues to expand, and investors are showing increasing confidence in the coin. Market analysts have identified two important trends in the Dogecoin ecosystem: more wallets now hold 1 million […]
Dogecoin (DOGE) recently found itself in turbulent waters, experiencing a significant dip in value. The popular meme coin hit a low of $0.1454, a sharp decline that was primarily triggered by Bitcoin’s massive slump. However, with Bitcoin making a strong recovery, a fresh wave of optimism has swept across the crypto market, and DOGE seems […]
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The post Where And How To Buy Baby Doge Coin Crypto? first appeared on StealthEX.The Dogecoin adoption trend has taken the crypto market by surprise after the number of new wallets being created on the network skyrocketed. Last week, new wallet creations were the center of attention as more than 890,000 new DOGE wallets were added in a single week. This time around, a new Dogecoin metric is taking the stage. New Non-Zero Dogecoin Addresses Rise Rapidly In a new report, the on-chain data tracking platform Santiment has identified rapid growth in one Dogecoin metric and that is the number of new non-zero addresses. These addresses include those that were created in the last week and are holding more than 0.001 DOGE on their balances. Related Reading: LUNC Price Rally Is Far From Over Following Falling Wedge Breakout, Analyst Says The report shows that this category of addresses jumped more than 400,000 in the space of two weeks. More specifically, 413,800 new wallets have been added in the last week, with DOGE balances ranging from between 0.001 and 1 DOGE. This earns them the classification of non-zero balances. Interestingly, this rapid rise in adoption happened at a time when the DOGE price was struggling to hold up in the market. As Santiment notes in its post, the DOGE price is down more than 23%, while network adoption has been on a bullish run. However, this rise in adoption does not have a positive effect on the DOGE price, suggesting that there isnt demand among the investors. More than likely, these new non-zero wallets are created by existing users who are looking to take advantage of and trade the newly introduced DRC-20 token standard on the network. DOGE price fails to move with network growth | Source: DOGEUSDT on Tradingview.com DOGE Comes Under More Selling Pressure The Dogecoin price could be looking at more struggles ahead as more sell-offs could be looming on the horizon. Whale Alert, a platform that tracks the origin and destination of large crypto transactions, has flagged a large DOGE transaction that has sparked speculation in the community. Related Reading: Heres Why A Bitcoin Bull Run In 2024 Is Inevitable According to the report, the whale sent a total of 100 million DOGE coins worth over $7.8 million to the Robinhood exchange. The destination of the transaction is important because usually when investors send coins to centralized exchanges such as Robinhood, the purposes are more than likely to sell. In this case, a $7.8 million sell-off could put further pressure on an already struggling DOGE price. For the DOGE price to climb as high as $0.2, there would need to be a catalyst, such as Elon Musk announcing Dogecoin payments for X (formerly Twitter). If the entire crypto market continues to perform poorly though, then the DOGE price could fall as low as $0.07 before bouncing back. Follow Best Owie on X (formerly Twitter) for market insights, updates, and the occasional funny tweet Featured image from CryptoRank, chart from TradingView.com
Dogecoin ($DOGE) has recently seen some volatility, struggling to maintain upward momentum while facing bearish pressure. A critical support zone has emerged between $0.19 and $0.16, with crypto expert Ali Martinez highlighting that if this support holds, the $3 target for Dogecoin remains a strong possibility. As the market watches closely, whale activity is adding […]
Shiba Inu (SHIB), the second-largest memecoin by market cap following Dogecoin (DOGE), is now experiencing a notable surge in its price after breaking through key levels in the past week. Currently trading at $0.00002877, SHIB has risen 14% over the past day, signaling renewed investor interest. However, the memecoin remains down by 4.3% over the past week and is still 66.6% below its all-time high of $0.00008616, recorded in 2021. Despite these mixed performances, analysts suggest a potential bullish trajectory for SHIB. Related Reading: Shiba Inu Braces For Rally Analyst Sees 35% Price Surge Details Shiba Inus Next Big Move Renowned crypto analyst Javon Marks has provided a positive outlook on SHIB’s price action in a recent post on X. Marks highlighted a recurring bullish pattern, indicating the possibility of a significant upward move. Shiba Inu has confirmed yet another bullish pattern, he wrote, emphasizing that similar patterns in the past have led to upward continuations. According to Marks, SHIB’s recent breakout could drive the price towards $0.000081, representing a potential 180% increase from its current value. Marks elaborated that this target is achievable and may already be in progress, given the asset’s recent movements. Such a rally, he noted, could position SHIB as a standout performer in the altcoin market, drawing attention from retail and institutional investors alike. $SHIB (Shiba Inu) has confirmed recently, yet another Bullish Pattern and all of its recent has led into continuations, so we can be in for yet another major upside move, but with breakouts holding and one implying $0.000081 to be in play, it can be greater than many think! With https://t.co/yiK6w67Cly pic.twitter.com/9wdsLpZdSi JAVONMARKS (@JavonTM1) December 11, 2024 Broader Altcoin Market Outlook While Marks penned his piece on SHIB, another prominent analyst known as Captain Faibik offered insights into the current state of altcoins. In a post that featured the chart image of BTC dominance forming an ascending trendline that seems poised for a 48% correction, Faibik suggested a positive outlook for the overall altcoin market. Particularly, he urged investors to remain patient, viewing the recent dip as a buying opportunity rather than a reason for panic selling. Faibik stated, Altseason hasnt arrived yet; this is just the trailer. Patience always pays off. Furthermore, Marks extended his bullish outlook beyond SHIB to include Dogecoin (DOGE), another widely-followed memecoin. In a separate analysis, Marks noted that DOGE is exhibiting strength and could potentially rally to $0.6533, possibly reaching as high as $1.2511 if it breaks key resistance levels. Related Reading: Dogecoin Defies Crypto Market Crash: Analyst Says It Looks Incredible This would represent a 56% to 90% increase from its current levels, highlighting the potential for further gains in the memecoin market. Featured image created with DALL-E, Chart from TradingView
In the last few weeks, Dogecoin has gained the interest of retail investors again, which indicates a change in the type of investors. According to the analytics platform Santiment, 74,885 new wallets with less than 100,000 DOGE were created in the last month. This inflow is an indication that interest from other smaller and retail […]
Dogecoin (DOGE), the popular meme cryptocurrency, is currently facing turbulence in the market as it tries to maintain key support levels. Despite Bitcoin’s recent stabilization after a sharp crash, the broader crypto market remains in a neutral phase, leaving Dogecoin vulnerable to price fluctuations. Over the past week, DOGE has experienced a 16% drop in […]
Dogecoin, the crypto that was created as a joke based on the meme, might be preparing for a big surge in 2025. In a recent X post, Alan Santana dropped his insights about Dogecoin rallying higher and moving towards new highs. The analysis also pointed towards a major price reversal between December 8th and 20th […]
We aim to provide potential trajectories for Dogecoin prices for 2023, 2024, and 2025. Let's delve into this Dogecoin price prediction
While a DOGE price target of $1 may seem ambitious, it's crucial to consider the factors that could potentially push DOGE to such heights.
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