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Dogecoin holders gradually turn desperate as the biggest meme coin fluctuates near $0.25. Amid the rising chances of a parabolic rise with a potential ETF approval, a historic trigger warns of increased downside risk. Will DOGE price trend hold its ground amid increased volatility?
Dogecoin price is down 3% in the last 24 hours as the entire meme coin has come under pressure following the rug pull incident in LIBRA meme coin, launched by Argentinian President Javier Milei last weekend. Technical charts for DOGE flash warning signals amid the formation of a death cross pattern for DOGE MVRV.
DOGE could soar by 35% to reach $0.39 if it closes a daily candle above $0.28.
Litecoin price plunged 5.7% in the last 24-hours as short-term traders capitalized on the hype surrounding altcoin ETFs to book profit. Technical indicators suggest bulls could trigger an early recovery phase.
Dogecoin price has crashed into a strong bear market this year as it crashed from the December high of $0.4845 to $0.265. It has erased some of the gains made in 2024 as the crypto fear and greed index has moved to the fear zone.
Dogecoin seems to be on track for a significant price surge, with analysts forecasting a potential new ATH. But what are the key factors influencing DOGE's bullish momentum and the potential path to $1.35?
Dogecoin (DOGE) and XRP saw a sharp price increase of over 10% on Friday after the U.S. Securities and Exchange Commission (SEC) acknowledged spot Exchange-Traded Fund (ETF) filings from Grayscale Investments and 21Shares.
Bitcoin has recently held steady around the $98K price range, while Dogecoin (DOGE) has shown impressive growth, surging by 3% and trading above $0.28, marking a fresh weekly high. Despite being down 25% over the past 30 days, DOGE has seen a significant 13% increase over the past week.
Dogecoin (DOGE) has become known for its unpredictable price swings, often influenced by memes and social media. Now, however, there are signs that a potential dip may be on the horizon.
Coldware (COLD) is seen as a high-value target for ultra-high-net-worth individuals (UHNWI), as traditional meme coins like Dogecoin (DOGE) struggle to retain investor confidence. With a Layer-1 blockchain designed for tokenized finance, decentralized mobile adoption, and institutional-grade security, Coldware is quickly becoming a preferred choice over DOGE.
Dogecoin (DOGE) could be gearing up for a possible record high above $1, with the asset's technical formation hinting at an incoming price breakout.
An analyst who has earned the “Master Trader” rank on the crypto exchange Bybit believes two top memecoins are setting the stage for breakout rallies. Pseudonymous analyst Bluntz tells his 316,100 followers on the social media platform X that memecoin Floki (FLOKI) appears to be flashing bullish reversal signals on the daily and four-hour charts.
Analysts predict a large price gain for Dogecoin (DOGE) in the upcoming months, putting the meme coin back in the spotlight. Some analysts believe DOGE will reach $1.35 by mid-April, a significant rise from its current price of about $0.27, as the cryptocurrency market recovers.
Despite the optimistic predictions, DOGE remains deep in red territory on a monthly scale.
Dogecoin has faced a couple of turbulent weeks, with its price battling to reclaim crucial resistance levels while managing to hold above key demand zones. Following the early February selloff, the broader meme coin market has been bleeding, underperforming compared to altcoins and Bitcoin.
The Dogecoin price has been battling bearish pressure since the start of February. However, the prospects of US authorities approving spot Dogecoin ETFs position this altcoin for massive growth. While DOGE's growth trajectory remains uncertain, RCO Finance (RCOF), an upcoming DeFi altcoin, has remained bullish during its presale.
Investors and crypto enthusiasts are always on the lookout for the next big opportunity, and while names like Solana (SOL), XRP, and Dogecoin (DOGE) are well-known, RCO Finance (RCOF) is emerging as a strong contender. Many believe RCOF could be the best altcoin to buy in 2025, thanks to its unique features and growth potential.
Dogecoin (DOGE) price has undergone a notable correction in recent days, aligning with broader market trends. The meme-inspired cryptocurrency has been testing key support levels throughout the past week.
The last 24 hours have seen the combined crypto market liquidation topping $200 million from over 92,000 traders. Dogecoin (DOGE) emerged as the most impacted meme coin, with total liquidations amounting to $12.02 million, per CoinGlass data.
The market dynamics for memecoins appear to have changed to a large extent as they are displaying a vibrant price action. While some manifested a monstrous rally like TRUMP, others like WIF maintain a calm upswing, and memecoins like Dogecoin are stuck within a range waiting for the right time to trigger a breakout.
Dogecoin (DOGE) has experienced a period of low volatility, with whale activity showing little movement in recent days. This stagnation in large-holder activity has left many wondering about the future direction of the cryptocurrency.
Most of the coins are back in the red zone at the beginning of the weekend, according to CoinMarketCap.
Dogecoin is still yet to recoup its price decline from last week, which saw it breaking below $0.3. Nonetheless, a key technical signal has emerged on DOGE's price chart that could send the meme coin on a bullish path for the rest of the year.
Dogecoin price gained 3% on Friday ETF speculation and shifting regulatory sentiment fuel investor optimism for further bullish action. Polymarket users are pricing in a 22% chance that DOGE ETF approval sparking new all time highs in Q1 2025.
