Dogecoin price may be on the verge of another price rally, according to a market analysis comparing its current trend to the 2017 cycle. A detailed chart analysis suggests a similarity between DOGE price movements in 2017 and its trajectory in 2024.
An IndyCar team co-owned by comedian David Letterman will field a Dogecoin-emblazoned car at the Indianapolis 500.
Cryptocurrency markets are rallying as the Fed holds rates, but growth forecasts dip and inflation expectations rise. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $85,363.30 +4% Ethereum (CRYPTO: ETH) $2,032.89 +7.2% Solana (CRYPTO: SOL) $132.66 +7% XRP (CRYPTO: XRP) $2.48 +10.4% Dogecoin (CRYPTO: DOGE) $0.1740 +5.1% Shiba Inu (CRYPTO: SHIB) $0.00001281 +3.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 0.01% and daily active addresses falling by 5.8%.
The "big three" cryptocurrencies are on the move today. Bitcoin (BTC 3.94%), Ethereum (ETH 6.88%), and Dogecoin (DOGE 5.18%) are up 2.9%, 7.3%, and 3%, respectively, as of 2:30 p.m.
The meme coin market is slowly bottoming, with top meme coins showing the best returns for traders. What Happened: According to on-chain analytics from Into The Block, the meme coin market cap has returned to Q3 2024 levels, which were the lowest since early 2024 levels.
Bitcoin (BTC) has been clinging to the 200-day simple moving average ($84,359), which suggests that the bulls have kept up the pressure. That improves the prospects of an upside breakout, signaling the corrective phase may be ending.
The Dogecoin is once again flashing on the radars. At $0.
DOGE is in the civilian workforce. According to reports, the Department of Defense (DoD) is planning to cut between 50,000 and 60,000 civilian jobs.
Dogecoin (DOGE) looks set to reclaim the eighth place it lost to Cardano (ADA) after it experienced bullish volatility on the market. Within the last 24 hours, DOGE has gained more than 3% as it posts a rebound rally in an encroaching shift for the meme coin market.
Carl Erik Rinsch, director of the film 47 Ronin starring Keanu Reeves, has been charged with defrauding Netflix to buy cryptocurrencies and stock.
Meme coins are making waves again, with Pepe (CRYPTO: PEPE), Fartcoin (CRYPTO: FARTCOIN), and Bonk (CRYPTO: BONK) surging in value over the past week. Despite uncertainty in broader markets, these coins have defied the trend, attracting increased trading volume and investor interest.
Dogecoin keeps losing ground and is unable to establish a strong level of support. Once the cryptocurrency market's darling, the meme coin is currently perilously close to a critical price zone that could cause it to drop even further.
Miami, Florida, 19th March 2025, Chainwire
Space exploration company Intuitive Machines Inc. (NASDAQ:LUNR) and popular meme cryptocurrency Dogecoin (CRYPTO: DOGE) may not appear to have much in common, yet both assets have shown comparable price activity over the past year. What happened: Houston-based Intuitive Machines has garnered both positive and negative press concerning its moon landing attempts.
A federal judge ordered DOGE to pause its efforts to shut USAID, stating that the move was likely unconstitutional.
As cryptocurrency has emerged a popular alternative asset class in recent years, Bitcoin and Ethereum remain two of the most mainstream digital tokens. But some investors have taken a liking to more-speculative opportunities.
Dogecoin shows signs of potential recovery with analysts predicting a short-term rally to $0.29 as technical indicators and wallet growth point to renewed bullish momentum.
On-chain data shows the Dogecoin shark and whale wallets have been increasing in number recently, a sign that could be bullish for DOGE's price. Dogecoin Sharks & Whales Have Been Expanding Despite Price Decline According to data from the on-chain analytics firm Santiment, Dogecoin has recently seen a rise in a couple of important indicators.
The cryptocurrency market remains volatile after weeks of consolidation. Bitcoin is hovering around $83k, while altcoins show mixed bullish and bearish trends.
Dogecoin (DOGE) is under pressure as it repeatedly fails to break past the critical $0.18 resistance level. Despite multiple attempts, the asset faces strong selling pressure, preventing any sustained rally.
DOGE whales are among the four reasons.
Dogecoin's price is ambling toward the $0.29 mark after a previous correction that saw it erase its gains. While the broader trend for DOGE remains bearish, analysts are confident of a short-term rally to reclaim its one-month high.
The price of Bitcoin is still struggling as technical resistance levels put increasing pressure on the asset. The 200-day Exponential Moving Average, a crucial level for trend reversals, has once again rejected Bitcoin following a brief recovery attempt.
Dogecoin (DOGE) closed last week on a bullish note after testing critical technical levels that could define its next directional move. The weekly chart on Binance (DOGE/USDT) reveals that DOGE is currently trading just above the significant 0.786 Fibonacci retracement level at $0.167.
Crypto analyst Master Kenobi has revealed that the Dogecoin price is mirroring a bullish pattern from the 2017 bull run. In line with this, he predicted that DOGE could reach the much anticipated $1 level and provided a timeline for when this could happen.
Top altcoins like Solana and XRP are down ahead of the Federal Reserve's policy decision, an event that could shape rate cut expectations.
Dogecoin is demonstrating upward performance as bullish sentiment returns to the market, causing the dog-themed meme coin to rise above the $0.17 price level. With DOGE regaining traction, a crypto analyst points to a potential price reversal, predicting a notable upsurge in the upcoming weeks.
Cryptocurrency markets are trending lower on Tuesday as investors brace for tomorrow's FOMC meeting. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,037.14 -3.1% Ethereum (CRYPTO: ETH) $1,903.81 -2.1% Solana (CRYPTO: SOL) $123.88 -5% XRP (CRYPTO: XRP) $2.25 -4.8% Dogecoin (CRYPTO: DOGE) $0.1657 -5.7% Shiba Inu (CRYPTO: SHIB) $0.00001242 -5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 32.6% and daily active addresses growing by 16.1%.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are struggling despite positive on-chain metrics and technical buy signals. While SHIB's burn rate is soaring and DOGE whales are accumulating, broader market sentiment remains cautious.
While speculators may be quick to rule out Dogecoin after its two-month decline, one analyst sees a major “buy-the-dip” opportunity. The post Is Dogecoin About to Shock the Market? Analysts Eye a Breakout to $6 appeared first on Cryptonews.
Bulls seem unable to hold the initiative for long, according to CoinMarketCap.
Dogecoin (DOGE) and Shiba Inu (SHIB), the two largest meme cryptocurrencies (dog-coins) by market capitalization, are both in worst performer list today. Meanwhile, once-leading meme coins like Floki (FLOKI), Dogwifhat (WIF) or Murad's pick SPX6900 (SPX), are losing steam in the top 100.
Analysts from QCP Capital suggest that while a rate cut is unlikely, any dovish signal could ignite upside momentum for bitcoin, potentially lifting altcoins in its wake.
Bloomberg Senior Commodity strategist Mike McGlone has cautioned that meme cryptocurrency Dogecoin (DOGE) could play a surprising role in destabilizing financial markets.
Is DOGE about to reverse its recent trajectory?
Dogecoin (DOGE) price has crashed by over 70% after hitting $0.48 in December 2024. Interestingly, the memecoin's richest holders have accumulated during the price declines, indicating their confidence in a potential rebound in the coming weeks.Dogecoin onchain metrics hint at price rebound Onchain data from Santiment shows that wallets holding at least 1 million DOGE have increased by 1.24% since early February, despite declining prices.
Dogecoin (DOGE) is eyeing the $1 price tag amid a 37% decline in the past 30 days while investors continue to accumulate during the dip.
Could this help accelerate the start of a shift from Bitcoin maximalism?
Amid the broader crypto market uncertainty, Dogecoin price has been showing strength flirting above the crucial support of $0.16 with increased address activity and heavy accumulation by DOGE whales. On-chain indicators and technical charts have both shown strength that could help the meme coin achieve new heights from here onwards.
In a series of posts shared on X, crypto analyst Kevin has mapped out a bullish scenario for Dogecoin and altcoins should the US Federal Reserve shift its monetary policy toward easing later this year. Pointing to both fundamental and technical indicators, Kevin contends that current Federal Reserve policies will define the exact moment altcoins begin to decisively outperform Bitcoin (BTC).
A crypto analyst's long-term technical analysis of the Dogecoin price highlights a repeating historical pattern from 2021. The analyst suggests that if Doge‘s price action can completely mirror this trend, it could trigger a rally above $10.
Analysts suggested that Dogecoin, Elon Musk's favorite meme coin, might face a price decline and possibly plummet to below $0.15 after miners dumped a huge volume of tokens.
Crypto markets are in a holding pattern ahead of Wednesday's Federal Reserve meeting and other crucial macroeconomic data. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $84,316.40 +1.1% Ethereum (CRYPTO: ETH) $1,938.92 +2.5% Solana (CRYPTO: SOL) $129.46 +1.6% XRP (CRYPTO: XRP) $2.36 +2.2% Dogecoin (CRYPTO: DOGE) $0.1747 +3.3% Shiba Inu (CRYPTO: SHIB) $0.00001304 -1.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.3% and daily active addresses up by 2.6%.
Crypto analyst DOGECAPITAL has provided an ultra-bullish outlook for the Dogecoin price, suggesting it could rally to as high as $80. The analyst's chart also hinted at when the foremost meme coin could reach this ambitious price target.
The crypto market has had a bearish start to the week, with most cryptocurrencies trading in the red. However, some have managed substantial gains, including Toncoin (TON), Polkadot (DOT), Hedera (HBAR), and Litecoin (LTC).
Prominent crypto chart analyst Ali Martinez has shared insights into his trading strategy, demonstrating how disciplined execution and risk-reward balance have helped him generate significant profits despite occasional setbacks. What Happened: In an X post on Monday, Martinez emphasized that losses are an unavoidable part of trading but managing them effectively ensures that winning trades outweigh the losses over time.
Bitcoin (BTC) has largely stayed above $80,000 since March 11, indicating that the bulls are not waiting for a deeper correction to buy. However, the failure to propel the price above $86,000 shows that the bears have not given up and continue to sell on rallies.CoinShares' weekly report shows that cryptocurrency exchange-traded products (ETPs) witnessed $1.7 billion in outflows last week.