Dogecoin holds $0.143 support—Will it rally to $1 on ETF hopes?
Dogecoin showing signs of bullish momentum but SEC's delay on ETF decision could hinder this potential trajectory.
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Dogecoin showing signs of bullish momentum but SEC's delay on ETF decision could hinder this potential trajectory.
The SEC delayed taking the next steps on several filings this week, but experts say this is 'no surprise' until the new chair is in place.
Dogecoin (CRYPTO: DOGE) has fallen 17% over the past seven days, reaching levels that some traders believe present a prime buying opportunity. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.1650 $24.5 billion +2.3% -17.3% Shiba Inu (CRYPTO: SHIB) $0.00001211 $7.1 billion +3% -7.4% Pepe (CRYPTO: PEPE) $0.056478 $2.7 billion +8.3% -6.7% Trader Notes: Crypto analyst Kevin explained that Bitcoin is currently back-testing key technical levels, including the 0.5 Fibonacci retracement, macro trend lines and the 200-week SMA & EMA, while the 3-day RSI is at historical lows.
Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.
Dog-themed cryptocurrency Dogecoin's (DOGE) price has seen a rebound following five days of consecutive falls since the weekend.
Following a protracted downward trend, Dogecoin most recently tested its final support level at $0.14. But a recent upswing has raised hopes for a possible recovery above $0.20.
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Major meme coins are bouncing despite the traditional stock market continuing to decline amid President Donald Trump's trade war.
A fresh wave of postponements has swept across the crypto market, as the US Securities and Exchange Commission has delayed decisions on a set of proposed spot exchange-traded funds (ETFs) for XRP, Dogecoin, Solana, and Litecoin.
After being trapped in a falling trend since early December 2024, Dogecoin (DOGE) price has approached a possible bottom. In preparation for a much anticipated parabolic rally to price discovery, leading dog-themed memecoin, which is backed by tech billionaire Elon Musk, has rebounded from a crucial support level of around $0.
Dogecoins price is on a steady downward trajectory, now testing a crucial support level at $0.14. This marks the final key support in its recent price action, and a break below could lead to further losses.
Crypto prices today show a notable recovery, with Bitcoin, XRP, and Dogecoin rebounding amid shifting macroeconomic conditions. The White House has dismissed concerns about a looming recession, and the weakening US dollar is driving optimism towards risk assets.
Data shows XRP and Solana have seen their Realized Volatility spike up after the sharp price action. Here's how Bitcoin and other coins compare.
With the broader crypto market staging a comeback, Dogecoin (DOGE) is now in the spotlight. The meme coin's open interest has skyrocketed overnight by 6% as it returns to its precrash levels.
Dogecoin (DOGE 4.31%) and Shiba Inu (SHIB 4.92%) have seen their prices punished recently. After rising to nearly $69 billion in market cap in late 2024, Doge's market cap is now less than $25 billion, and Shiba Inu's price is down more than 60% during the past 12 months.
The US Securities and Exchange Commission (SEC) has pushed back its decision on multiple cryptocurrency exchange-traded fund (ETF) proposals, delaying potential approvals for products tied to XRP XRP, Solana SOL, Dogecoin DOGE, and Litecoin LTC.
Dogecoin shows signs of a potential rally after bouncing from key support, with analysts predicting targets from $0.5 to $5 despite SEC delays on ETF approval.
The crypto market has rebounded strongly from its recent turmoil, reaching a value of $2.65 trillion with a 1.30% increase. In tandem with this trend, Dogecoin's price has surged by almost 2% over the past day.
Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.
The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds.In a slew of filings on March 11, the agency said it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed. Among the affected ETFs are Grayscale's XRP (XRP) and Cboe BZX Exchange's spot Solana (SOL) ETF filings, with the decisions on them pushed until May.
The SEC has delayed its decision on crypto spot ETFs, pushing back approvals for VanEck Spot Solana ETF, Canary Spot Litecoin ETF, Canary Spot Solana ETF, Canary Spot XRP ETF, Grayscale Spot XRP ETF, and Grayscale Spot Dogecoin ETF, according to court filings on Tuesday.
Dogecoin's price has been on a wild ride with a wave of steady declines in recent weeks. This decline has caused the meme coin to lose various support levels amidst a steady increase in selling pressure.
As Solana gets closer to a possible death cross formation, it is currently under intense bearish pressure. This technical indicator typically indicates prolonged downward movement, when the short-term moving average (like the 50-day MA) crosses below the long-term moving average (200-day MA).
Bitcoin (BTC) price is rallying the broader cryptocurrency ecosystem. This rebound is encompassing, as altcoins like XRP, Dogecoin, and Cardano have also seen their prices clear immediate resistance levels.