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Dogecoin Next Big Move: Key Zones to WatchThe chart depicts the price action of Dogecoin (DOGE) against Tether (USDT) in the 4-hour timeframe, highlighting potential zones of support and resistance. The two blue horizontal zones represent key support areas, where buyers might step in to halt the price decline and potentially trigger a rebound. The black zigzag lines illustrate speculative pathways, indicating potential scenarios where the price could consolidate within these zones before resuming an upward movement or breaking lower. The upper resistance level around $0.438 serves as a key area to watch for potential rejection or breakout. The price is currently around $0.385 and appears to be heading toward the first support zone between $0.34036 and $0.35339. A potential double bottom or bullish reversal is anticipated within these zones, with arrows pointing to a possible upward movement. Traders could monitor price reactions in these areas to validate the direction, keeping an eye on volume to confirm bullish or bearish momentum.
by TheCryptoCity
PEPECOIN/USD & DOGE/USDI thought there were some striking similarities between Pepecoin when compared with Dogecoin Firstly, note the timescale difference between the two - Pepecoin is on a Daily timeframe whilst Dogecoin is on the Weekly timeframe The initial move served as an area of support for DOGE, and you can see that price eventually wicked below the point of impulse while also printing a Higher Low. The yellow box served as an excellent area to bid Dogecoin before it rallied 500% in following months You can also see some similarities in RSI structure (circled) I have taken a fractal from the recent spike in Dogecoin and overlayed it on the Pepecoin chart to give a rough idea of how it might play out I do think the yellow box will prove to be an excellent entry on Pepecoin - anywhere from $2.80 down to $2.30, with an invalidation below $2.11 If a 500% were to follow it would put Pepecoin around $14 by EOY
Long
by cruisnn
Dogecoin Foundation's Bold Move to Drive Mass Adoption in 2025Dogecoin ( CRYPTOCAP:DOGE ), once a meme coin driven by online jokes, has evolved into a major player in the cryptocurrency ecosystem. The Dogecoin Foundation's recent announcement that it is seeking funding to support the Dogebox initiative in 2025 could further solidify its position as a go-to decentralized payment method, particularly for small and medium-sized businesses. This article delves into the foundation's plans, the potential impact on Dogecoin’s price, and the technical outlook for the token. The Dogecoin Foundation and the Dogebox Initiative The Dogecoin Foundation, which has been the driving force behind Dogecoin's development and growth, is now actively seeking donations to fund the Dogebox initiative. This decentralized payment infrastructure aims to empower businesses to accept Dogecoin as a direct payment method. The goal of the Dogebox initiative is to onboard one million retailers into the Dogecoin ecosystem, helping the cryptocurrency gain wider adoption. In a recent post on social media, the foundation outlined the ambitious plans for Dogebox, which will allow retailers to self-host online stores, integrate Dogecoin into existing payment systems, and create a decentralized transaction environment for users. For businesses, this system could prove revolutionary, allowing them to tap into Dogecoin's growing community and its ability to transfer funds without the traditional barriers of centralized systems. While the exact amount of funding needed remains undisclosed, the foundation has made it clear that it is looking for major sponsors to support its vision for 2025. The continued support of Ethereum’s Vitalik Buterin and other high-profile donors has been essential in the past, but whether they will continue funding the foundation in the future remains uncertain. Regardless, the Dogecoin Foundation's vision for Dogebox remains ambitious and could pave the way for mainstream adoption. Dogecoin's Current Market Status As of the latest data, Dogecoin is trading at $0.37, just below a three-year-high of $0.475. Despite recent news and the ongoing development initiatives, Dogecoin has experienced a 5.19% dip in the last 24 hours, largely due to a broader downturn in the crypto market. This decline is part of the larger trend of the crypto landscape facing challenges, particularly after Bitcoin’s recent struggles to maintain bullish momentum. However, the technical indicators point toward a mixed outlook for Dogecoin ( CRYPTOCAP:DOGE ), reflecting the cryptocurrency's volatile yet promising potential. Technical Analysis The Relative Strength Index (RSI) for Dogecoin stands at 61, indicating that the token is neither overbought nor oversold, which suggests there is still room for price movement in both directions. The RSI had been significantly higher at 85 before the dip, which indicates the recent pullback was part of a normal correction, potentially setting the stage for another bullish push. With the RSI holding strong above the key 50 level, there is still significant strength in Dogecoin’s momentum. Looking at the price chart, Dogecoin is currently in a consolidation phase, with the possibility of a retracement toward the 38.2% Fibonacci retracement level. If the price drops to this level, it could offer an ideal buy zone for investors who believe in the long-term potential of the token. This level has historically acted as a support zone during price corrections, and it could be an opportunity for traders to accumulate more tokens ahead of a potential rally. On the other hand, should selling pressure persist, Dogecoin ( CRYPTOCAP:DOGE ) might face a deeper retracement, potentially reaching the 1-month low of $0.13. While this seems unlikely given the ongoing development and bullish sentiment surrounding the Dogecoin community, it remains a possibility should the broader crypto market continue to experience turbulence. Looking Ahead The future of Dogecoin ( CRYPTOCAP:DOGE ) largely hinges on the general health of the cryptocurrency market, particularly Bitcoin. As Bitcoin continues to show signs of bullish behavior, surpassing the $100k milestone could serve as a catalyst for broader market growth, positively impacting altcoins like Dogecoin. If Bitcoin maintains its bullish trend and solidifies its position above $100k, it could lead to a significant rally across the cryptocurrency space, lifting Dogecoin ( CRYPTOCAP:DOGE ) in tandem. The Dogecoin Foundation’s focus on driving mass adoption via the Dogebox initiative aligns well with the ongoing trend of cryptocurrency becoming more accessible and widely used. If the Dogebox initiative can succeed in onboarding thousands of retailers, Dogecoin could see widespread use beyond just being a meme coin, leading to long-term price appreciation. Conclusion: While Dogecoin’s price faces some short-term volatility due to the overall state of the crypto market, its long-term prospects remain bullish, especially with the foundation’s efforts to push for mass adoption. The development of the Dogebox initiative is a critical step toward giving Dogecoin ( CRYPTOCAP:DOGE ) utility as a decentralized payment method, which could transform it from a meme coin into a more mainstream asset. The technical outlook, with strong RSI readings and key Fibonacci retracement levels, suggests that Dogecoin could continue to see bullish reversals, especially if broader market conditions turn positive. As investors and traders alike keep an eye on Bitcoin’s movements, Dogecoin’s growing ecosystem, spearheaded by the Dogecoin Foundation’s initiatives, offers a promising future for those looking to hold long-term.
by DEXWireNews
Analysis for Dogecoin ($DOGE):Analysis for Dogecoin ( CRYPTOCAP:DOGE ): Dogecoin ( CRYPTOCAP:DOGE ) is currently forming a rounded bottom pattern within a consolidation zone between 0.380 and 0.400, signaling a potential bullish breakout. Entry opportunities arise as CRYPTOCAP:DOGE holds within this range. Targets for CRYPTOCAP:DOGE are set at 0.50928, 0.58113, and 0.66384 based on Fibonacci levels. Keep an eye on CRYPTOCAP:DOGE breaking the resistance to confirm its upward movement, and ensure a stop-loss below the consolidation zone to manage risks effectively.
Long
by VIPROSE
1
DOGEUSDT.P | 2 Demand AreasThe 2 regions I indicated with the blue box can work as demand regions. It would make sense to buy from both. The low time interval reaction after falling into the box can also be a trading opportunity. The price made a deviation above this range and with a movement of 8%, I would not be surprised if it wicks the box below and rises. My Previous Ideas DOGEUSDT.P | 4 Reward for 1 Risk much more if you hold it. RENDERUSDT.P | HTF Accuracy ETHUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it. BNBUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it. Bitcoin Dominance | Great Characteristic Detection and Accurate Analysis
Long
by XU99
DogeCoin To New ATHIn this analysis, we will discuss Dogecoin on the weekly chart and how it is nearing the formation of a new high. On the daily chart, this move may not be as clear, but when we zoom out, it becomes evident that liquidity has been swept from the previous high. Now, the chart is undergoing a retest, shaking out as many traders as possible before making a strong move to break its high. Follow this analysis closely to stay ahead of Dogecoin’s potential breakout! Don’t miss updates on key levels and critical moves—make sure to check out my TradingView ideas for more insights.
Long
by hakimbo989
DOGE/USDT - Rising Wedge Breakout - H4 ChartThe DOGE/USDT pair on the H4 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Rising Wedge Pattern. This suggests a shift in momentum towards the downside in the coming Days. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.3910 Target Levels: 1st Support – 0.3188 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
5
DOGE: The Last Push to Glory?I’ll be bidding below 35c for one last push, with a chance of a retest into 32c. If this fails, then it will likely drop straight to 28c, where I’ll be looking to buy, but that’s for another trading setup. I’m expecting another week of green, with BTC approaching 103k. We should have more data by Tuesday, depending on whether it manages to close with a daily expansion bar on Monday or Tuesday. Buying the breakout will also be a valid strategy here. CRYPTOCAP:DOGE
Long
by ZelfTrade
2
DOGE: A bullish continuation could be around the corner! DOGE has been on a nice move to the upside, and currently, it is cooling off in a bull pennant formation (Bullish pattern)! If you're looking to trade DOGE at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.423$ and take profits at the levels shown in the chart. Targets: 1. 0.433$ 2. 0.45$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto
8
The Truth Behind This Dogecoin Rally: Is It Sustainable?Clickbait alert... There is no mystery behind this rally but nevertheless I shall tell you the truth. Look at this chart and tell me, what do you see? This is a long-term chart: DOGEUSDT (Dogecoin) on the monthly timeframe. This month is a bullish breakout month and the first strong green month since the 2021 bull-market. If we look back to 2021, when similar action occurred —January; what followed was a very strong bullish phase. Just because we are seeing strong growth it doesn't mean this is the end. In fact, this very strong growth signals the beginning of the bullish cycle so expect more. When in doubt, zoom out. ➖ This monthly session has the highest volume since 2021. ➖ This month broke a long-term resistance and descending trend. ➖ This month a three years long consolidation period is over. Three years of consolidation can lead to a very, very strong bull-market which is exactly what we are seeing developing all across the market. The truth is that it doesn't matter how high Dogecoin goes to this month, this is only the start. Short-term, there can be swings and shakeouts, and even a strong correction can develop along the way. This is good, these we will used as an opportunity to both take profits (when at resistance —like now) and to rebuy and reload (at support). Dogecoin has much more to give; the truth is that there is no limit as to how high prices can go. Money is infinite... And the Cryptocurrency market is still very young. Open yourself to something great. If you are reading this now, you are part of the Cryptocurrency elite. You are a genius and you deserve high profits, maximum wealth and financial success. Thanks a lot for your continued support. Namaste.
Long
by AlanSantana
2