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The Dogecoin price now looks like it has established support of around $0.17, having rebounded just below it in the past 24 hours. With the $0.17 price level cleared, the next step is a convincing break above $0.18.
Dogecoin (DOGE) price, a meme-based cryptocurrency, surged over 17% in October as investors anticipated a stronger market close. DOGE showed signs of consolidation amid the broader crypto market's efforts to regain momentum.
The Dogecoin and Shiba Inu price have witnessed notable price crashes in the last 24 hours. This development looks to be based on a wave of profit-taking that has followed the recent crypto market rally.
Over the past month, the rally on the broader market has triggered an unusual boost for Dogecoin (DOGE) investors. According to data from IntoTheBlock, the total number of addresses holding DOGE that are in profit has jumped over the past month.
Dog-themed cryptocurrency Dogecoin (DOGE) is on the verge of achieving a potential "golden cross," a chart pattern that occurs when a short-term moving average, usually the daily SMA 50, crosses above a long-term moving average such as the daily SMA 200, often seen as a bullish signal.
Amidst the fluctuations within the meme coin market, Dogecoin has showcased promising upward momentum. Dogecoin's price has been on an uptrend following the rise of altcoins in Q4. According to crypto analyst Javon Marks, Dogecoin might see new highs with over 405% predicted gains.
The price of the most popular meme cryptocurrency, Dogecoin (DOGE), has outperformed most of its top-ranking crypto rivals in recent weeks, gaining over 45% from the beginning of October until now. This undoubtedly makes October the best month for DOGE since March.
Elon Musk's creation of the Department of Government Efficiency (DOGE) is reigniting investor confidence and significantly boosting Dogecoin's market prospects.
A significant Dogecoin transfer has been documented involving the movement of roughly 1. 45 billion DOGE or $250 million from an unidentified wallet to Robinhood.
The latest rise in the Dogecoin price has made the market participants more bullish over the token. With a significant rise in the buying pressure, the price managed to surpass the crucial resistance at $0.16. However, the levels appear to have remained consolidated below $0.175 which suggests the bulls are preparing for another run.
The original meme crypto, Dogecoin, has recorded impressive growth lately, capitalizing on improved broad market sentiments and Elon Musk's cryptic advertisements. Dogecoin saw remarkable rallies since mid-October, propelling its market cap well past the $20 billion mark. Notable, Dogecoin's market dominance jumped from mid-October levels of 0.74% to surpass 1%.
Dogecoin, the iconic meme currency, has experienced a meteoric rise this week, capturing the attention of crypto investors from all walks of life. However, this ascent may very well hit a ceiling.
Dogecoin is set to conclude October with over 60% gains, but exchange flow data could have its say.
DOGE is breaking out of a symmetrical triangle pattern with an ultimate price target hovering around $2.
The price of Dogecoin could face selling pressure after a whale transferred 1.74 billion DOGE to Robinhood in six separate transactions, signaling a possible profit-taking strategy amid the crypto markets latest rally. Potential Sell Pressure Builds After Major Whale Transfer After a whale sent 1.74 billion DOGE ($278 million) to Robinhood, the price of Dogecoin could fall.
Ethereum founder Vitalik Buterin has just given up the number 2 top crypto spot to Dogecoin, the world's first and largest meme-based cryptocurrency. Buterin has stated that Dogecoin deserves to be ranked right after Bitcoin (BTC), underscoring the meme coin's significance in the crypto space and unique cultural impact.
The price of Dogecoin recently skyrocketed, making headlines as it hit levels not seen in months. Increased attention from well-known individuals and communities that support Dogecoin as a legitimate digital currency, along with renewed market interest and conjecture about its possible applications, appear to have contributed to the meme-inspired cryptocurrency's sharp increase in value.
A crypto strategist who accurately called the Bitcoin (BTC) correction earlier this year thinks a decentralized finance (DeFi) altcoin is getting ready to erupt.
After several failed attempts, Bitcoin (BTC) finally crossed $71,000—a hair's breadth away from its all-time high of $73,000. With sentiment quickly turning bullish, the overall crypto market is exploding in a matter of time. Top altcoins like Dogecoin (DOGE) and Litecoin (LTC) are cryptos to watch out for.
Dogecoin‘s renewed price momentum has sent shockwaves in the general cryptocurrency sector. Due to this, several enlightened crypto experts have demonstrated robust bullish sentiment toward DOGE as they offer predictions about a possible major rally in the short term while highlighting movements akin to previous trends.
The Dogecoin price is among the best performers following this recent crypto market rally. Meanwhile, Shiba Inu has closely followed behind and has even flipped Avalanche in the process.
Cryptocurrency markets are trading relatively flat after Bitcoin's run above $71,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $71,930.79 -1% Ethereum (CRYPTO: ETH) $2,662.75 -1.3% Solana (CRYPTO: SOL) $174.39 -2.3% Dogecoin (CRYPTO: DOGE) $0.1684 -1.4% Shiba Inu (CRYPTO: SHIB) $0.00001844 -2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 57.6% and daily active addresses growing by 7.8%.
Bitcoin's recent rally has lead to double digit gains for top meme coins.
Explore the top dog-themed cryptocurrencies as the "dog season" in crypto kicks off! From Dogecoin's rally to Husky Inu's innovative ecosystem, discover how these meme coins are set to make waves.
