XRP remains one of the most popular coins in the market, with a cult-like community that has supported it for years. With the bullish sentiment surrounding it, the altcoin has performed quite well and continues to inspire support. The most recent developments for XRP have been the ETF filings that suggest it might be the next altcoin to get an SEC nod after Ethereum. The number of filings also puts it well ahead of investor favorites such as Solana and Dogecoin in the running for the next ETF approval. XRP ETF Filings Climb To 10 XRP ETF filings have been coming out of the market over the past year, especially with the approvals of Ethereum Spot ETFs. These ETFs are expected to give institutional investors an official vehicle to get proper exposure to the market. As Bitcoin and Ethereum ETFs have been done and dusted, issuers have looked to other large cap altcoins to bring into the market. Related Reading: Analyst Who Called Dogecoin Price Rally In 2024 Predicts 300% Rally In April The next favorites on the list have been XRP, in addition to heavy hitters such as Solana, Dogecoin, and Litecoin. However, in the race, XRP has clearly differentiated itself in terms of interest, boasting twice as many filings as any other altcoin. According to data from Kaito Research, there are currently 10 XRP ETF filings pending approval or rejection from the SEC. In contrast, there are five Solana ETF filings, 3 Litecoin filing, and 3 Dogecoin filings. This shows clearly that interest in XRP as the next altcoin to gain ETF approval is the highest. Additionally, the SEC has acknowledged the XRP ETF filings from industry leaders such as Grayscale. There are also filings from ProShares, Franklin Templeton, Bitwise, 21Shares, among others. However, BlackRock has not made a move to file for an XRP ETF despite leading the Bitcoin and Ethereum ETF campaigns. Nevertheless, the filings for XRP ETFs remain a big deal for the altcoinm and their approval could trigger another wave of price hikes. ETFs And The SEC Battle Conclusion For many, the major hindrance to an SEC approval of an XRP ETF was the ongoing battle between the crypto firm and the regulator, which began in 2020. However, in March 2025, Ripple CEO Brad Garlinghouse announced that the case was officially over. Related Reading: Is The XRP Price Mirroring Bitcoin’s Macro Action? Analyst Maps Out How It Could Get To $71 With this development, expectations that the regulator will look favorably upon an XRP ETF are high. If the ETFs are approved, even with a fraction of the Bitcoin ETF volumes, the XRP price is expected to explode in response, with some analysts predicting that the altcoin’s price could rise to the double-digits. Featured image from Dall.E, chart from TradingView.com
A recent poll indicates that financial experts remain skeptical if Shiba Inu is able to overtake Dogecoin in value. The poll, conducted by Finders, surveyed 14 finance experts for their opinion on whether SHIB will ever overtake DOGE in market capitalization. Their findings? A whopping 79% of the total participants believe that Shiba Inu will never flip Dogecoin in the area of market capitalization. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets Survey Reports Overwhelming Consensus Against SHIB Flipping DOGE The results point to a distinct stance by the majority of experts. A mere 7% of those polled showed confidence that SHIB would at some point in the future surpass DOGE, and these few stalwarts predicted it could occur as soon as 2026. The other 14% were uncertain about SHIB’s fate. The overwhelming rejection of Shiba Inu’s ability to replace DOGE as the leading meme coin mirrors wider market opinion regarding the two tokens. Supply Issues Present Major Hurdle For Shiba Inu Huge challenges in the SHIB token supply are one potential consideration preventing overtaking Dogecoin, Dr. Sathvik Vishwanath, Unnocoin’s jurisdictional head, disclosed. Consider the circulating supply of SHIB at 589.25 trillion versus just 148.82 billion for DOGE: the supply gap is massive. Vishwanath said that despite Shiba Inu’s excellent tokenomics and solid community support, the massive token supply keeps SHIB from taking over DOGE’s market cap. Huge Disparity In Current Market Position At present, Dogecoin is at the eighth position among cryptos with a market cap of $24.60 billion, while Shiba Inu holds 17th place with a market capitalization of $7.3 billion. SHIB would have to increase its worth by 240% to reach DOGE’s current rank by assuming that Dogecoin’s price remains constant, and both tokens share the same circulating supply. Related Reading: Solana Hits Milestone As Canada OKs First Spot ETFs Current Whale Activity Suggests Possible Turnaround Contrary to the negative expectations of analysts, new trading statistics show a significant Shiba Inu rise. According to IntoTheBlock, with whales dominating, SHIB daily trade volume rose to 224 billion tokens in 24 hours. Inflows from large-holders increased from 96 billion SHIB on April 13 to over 224 billion on April 14. This rise in interest from major investors could be a sign of changing sentiment as whales will set up before they anticipate a move in prices. This isn’t the first time these cryptocurrencies have seen conflicts regarding superiority. In 2021, Shiba Inu briefly dethroned Dogecoin when its market cap touched $39 billion. Alas, this victory was short-lived as DOGE quickly reclaimed the title of the number one meme coin. Featured image from Pixabay, chart from TradingView
A fresh snapshot of Binance’s futures market data shows Dogecoin attracting a remarkably bullish stance among traders. According to a chart shared by Ali Martinez (@ali_charts) on X, 72.13% of Binance users with open Dogecoin positions are currently long, leaving only 27.87% on the short side. “72.13% of traders on Binance with open Dogecoin DOGE positions are currently long!” Martinez wrote, underscoring just how skewed sentiment is toward an upward price move. What Does This Mean For Dogecoin Price? What does such a strong majority of longs actually mean for Dogecoin’s outlook? In many cases, a pronounced imbalance like this hints that most market participants expect the price to keep climbing, at least in the short term. When so many traders are betting on gains, it often reflects optimism—or even excitement—about the token’s momentum. Dogecoin has repeatedly shown its ability to inspire fervor among retail investors and large speculators alike, so spikes in bullish interest are hardly surprising. Related Reading: Dogecoin Whales Buy 800 Million DOGE in 48 Hours – Smart Money Or Bull Trap? This kind of data can be interpreted as a potential sign of strength for Dogecoin. If the market aligns behind a bullish narrative, continued buying pressure may materialize, and prices can push higher. However, it’s not always that straightforward. When a huge chunk of the market tilts to one side, it raises the risk that a sudden drop might trigger a wave of forced liquidations among those long positions. If the broader crypto market wavers—or if Dogecoin faces any unexpected hurdles—traders who jumped in expecting a quick profit could end up rushing for the exits, amplifying downward moves. Still, the figure “72.13%” is unambiguously high, which is enough to catch anyone’s attention. A long/short ratio that elevated doesn’t guarantee a continued rally; instead, it paints a picture of present-day sentiment among a specific subset of traders. It’s one snapshot in time, drawn from the activity of one of the world’s busiest crypto exchanges. Even so, it’s a solid reminder that, at this moment, a large number of Dogecoin traders on Binance believe the path of least resistance is to the upside. Related Reading: Dogecoin Follows The Blueprint: Analyst Highlights Perfect Technical Execution Of course, market conditions can shift swiftly. Some traders will keep a close eye on overall liquidity, the behavior of Bitcoin, and any tariff news from US President Donald Trump. Dogecoin is known for abrupt price surges, spurred by social media buzz or endorsements from influential figures, so even data as decisive as this long/short ratio doesn’t fully predict what comes next. But it does give us an insider’s view of how Binance participants are positioning themselves and, in doing so, sets the stage for Dogecoin’s near-term intrigue. For now, the sheer dominance of long positions seems to say: traders remain bullish and are willing to back that sentiment with open contracts. It could be a sign of confidence in Dogecoin’s resilience, or it could be a setup for unexpected volatility if sentiment flips. Whichever way it unfolds, Martinez’s chart shines a light on how enthusiasm for this meme-inspired asset continues to run high in certain corners of the crypto market. At press time, Dogecoin was trading just below its multi-year trendline, following a rejection at the 0.786 Fibonacci retracement level around $0.167. A renewed drop toward the red support zone near $0.14 could be on the table if DOGE closes below the trendline. On the flip side, the 0.786 Fib remains the most critical resistance level, followed by a potential channel test near $0.18. Featured image created with DALL.E, chart from TradingView.com
Crypto analyst Trader Tardigrade has provided an update on the Dogecoin price action. He revealed that the foremost meme coin is set to enter Phase E next, during which it could rally to new highs. Dogecoin Price To Enter Phase E Next After Testing Last Point Of Support In an X post, Trader Tardigrade stated that the Dogecoin price will enter Phase E and then the Mark-Up phase after the move of Sign of Strength (SOS) and Last Point of Support (LPS). This came as he also revealed that DOGE has entered Phase D in the Wyckoff Accumulation. The analyst also noted that the meme coin completed the TEST in Phase C and the Last Point of Support in Phase D. Related Reading: Crypto Analyst Warns Dogecoin Price Correction Was A False Breakout, Calls 30% Crash His accompanying chart showed that the LPS in Phase D for the Dogecoin price is around $0.174, while the SOS will be a successful reclaim and hold above $0.18. This will usher DOGE into Phase E, where it is projected to rally to as high as $2.1, marking a new all-time high (ATH) for the foremost meme coin. In another X post, Trader Tardigrade stated that the Dogecoin price could be forming an inverse Head and Shoulders pattern on the 4-hour chart, providing a bullish outlook for the foremost meme coin. His accompanying chart showed that Dogecoin could rally to $0.183 on this rebound, which is the SOS for the meme coin in this Phase D. It is worth mentioning that crypto analyst Kingpin Crypto also provided a bullish outlook for the Dogecoin price, predicting that it could bounce from the current support and rally above the psychological $0.2 price level. The analyst asserted that DOGE’s chart is one of the best right now in terms of price, which is at a clear level of higher timeframe support. DOGE Gearing Up For A Big Week In an X post, crypto analyst Ali Martinez stated that the Dogecoin price is gearing up for a big week. He remarked that a close above $0.17 could open the door to $0.21 or even $0.29 if it holds the key support level at $0.13. However, the analyst recently revealed that DOGE whales are choosing to remain on the sidelines for now, which could be bearish for the meme coin. Related Reading: Dogecoin Price Notches Higher Lows Amid Market Downturn, Why A 270% Surge Is Possible The Dogecoin price performance will also depend on the Bitcoin price and whether the flagship crypto can sustain bullish momentum. Self-acclaimed Dogecoin lead analyst on X, Kevin Capital, opined there is no need to be overly bullish until Bitcoin surges above $89,000. At the time of writing, the Dogecoin price is trading at around $0.16, down over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Shutterstock, chart from Tradingview.com
Dogecoin is showing signs of strength after weeks of volatility and market uncertainty. The meme-inspired cryptocurrency has held firm above crucial support levels and is now pushing toward a potential recovery rally. After reclaiming the $0.15 mark, bulls are looking to build momentum, with the $0.17 level emerging as the next major resistance to break. A successful move above this threshold could confirm a broader trend reversal and reignite bullish sentiment across the meme coin sector. Related Reading: XRP Tests Ascending Triangle Resistance – Can Bulls Reach $2.40 Level? Supporting this outlook, recent on-chain data from Santiment shows that Dogecoin whales have been highly active—accumulating over 800 million DOGE in the last 48 hours. This surge in whale buying activity adds weight to the bullish thesis, suggesting that larger players are positioning for a move higher. The renewed accumulation, paired with improving technical conditions, has sparked optimism among traders and investors who believe Dogecoin could be gearing up for its next leg upward. Still, caution remains, as global macroeconomic tensions continue to create unpredictable conditions across the financial markets. For Dogecoin to confirm a recovery rally, bulls must hold current levels and push through near-term resistance in the coming sessions. Dogecoin Faces Crucial Resistance As Whale Accumulation Builds Dogecoin is now at a pivotal point, trading just below key resistance levels after a strong rebound from recent lows. As broader market conditions improve and global tensions—especially around trade and tariffs—begin to cool, analysts are turning their attention to assets like DOGE that have lagged in performance but now show signs of potential upside. The meme coin has managed to reclaim the $0.15 mark, but to validate a broader recovery rally, bulls must push beyond the $0.17–$0.18 zone in the days ahead. Momentum indicators are beginning to flip bullish, and some market watchers suggest that Dogecoin could be preparing for a breakout. However, sentiment remains mixed, with others pointing to the possibility of a continuation of the downtrend, particularly if resistance holds or macroeconomic conditions deteriorate. Despite this uncertainty, on-chain data paints a more optimistic picture. Top analyst Ali Martinez shared insights on X, revealing that Dogecoin whales have accumulated over 800 million DOGE in the last 48 hours. This level of accumulation by large holders suggests renewed confidence in the asset’s short-term potential. Historically, such whale activity has often preceded strong price moves in DOGE. For bulls to take control, Dogecoin must break above near-term resistance and sustain momentum amid a still-volatile environment. A failure to do so could see the asset slip back into consolidation or even retest previous lows. The coming week will be critical for determining whether DOGE’s next move is a breakout or another pullback. Related Reading: Dogecoin Gears Up For A Breakout To $0.29: Can Bulls Hold Key Support? DOGE Price Holds $0.16 As Bulls Aim for Breakout Dogecoin is trading at $0.16 after failing to reclaim the 4-hour 200 Moving Average (MA) near $0.168, a level that has acted as strong short-term resistance. Despite recent bullish momentum across the crypto market, DOGE bulls are struggling to regain control. The $0.15 level now serves as critical support. If Dogecoin holds this area, there’s a strong chance it could push higher in the coming sessions. A successful break above $0.17 would be significant, potentially opening the door to a rally toward $0.20, a level not seen since early April. However, price rejection and continued weakness around $0.168 suggest that sellers are still active, and bulls need to reclaim this moving average to build momentum. Related Reading: Solana Triggers Long Thesis After Pushing Above $125 – Start Of A Bigger Rally? If DOGE loses the $0.15 mark, downside risk increases sharply. A drop to $0.13—or even lower—is likely as bearish pressure could intensify in a volatile market. Investors will be watching closely for a clear move in either direction, as Dogecoin sits at a key inflection point. Volume and on-chain data, including recent whale accumulation, suggest potential, but confirmation must come through price action above immediate resistance. Featured image from Dall-E, chart from TradingView
Back in 2024, the Dogecoin price trended low for a significant amount of time, shattering expectations of a rally. However, with the year drawing to a close, the tides began to change and the meme coin saw its value rising. One crypto analyst that predicted the rise is World of Charts, who took to X (formerly Twitter), to share with their over 30,000 followers the formation of a falling wedge pattern and the eventual breakout that would lead to new yearly peaks. Calling The Dogecoin Price Bottom In September 2024, the Dogecoin price was still trending below $0.1 after months of consolidation with seemingly no end in sight. At the time, the crypto analyst called out that the altcoin was actually consolidating within a falling wedge pattern and could see a breakout from there. At the time, the target was placed at $0.3, a 300% increase, and once the breakout begun, the price would end up exploding even higher. Related Reading: Bitcoin Price Forms This Bullish Pennant On Daily Chart That Could Trigger Rise To $137,000 In the months following the prediction, the Dogecoin price would rise rapidly and the crypto analyst adjusted the target to $1. Although this new target was not reached, DOGE did go halfway, hitting $0.5 by November 2024, just two months after the initial prediction. This solidified the legitimacy of the breakout out of a falling wedge pattern, and now, it seems history is about to repeat itself again. In a new post on X (formerly Twitter), the crypto analyst that the Dogecoin price could be seeing a repeat of 2024 again. The post highlighted that the meme coin is on the verge of a massive breakout, giving the same 300% prediction as the previous prediction. Given that the Dogecoin price is currently trending at around $0.17 at the time of this writing, this would put the coin back on the way to $0.5. “Now Again Doge On Verge Of Massive Breakout, It Can Give Move Like Oct, Expecting 3x From Here,” the analyst said. Bullish From Here On Out Another crypto analyst, Jonathan Carter, has also shared the same sentiment as World of Charts and predicted that the Dogecoin price is also headed for a surge. This analysis which was published a day before also points out the breakout from a falling wedge pattern, setting four targets for the cryptocurrency. Related Reading: XRP Outflows Cross $300 Million In April, Why The Price Could Crash Further If the break is successful, the crypto analyst puts DOGE at $0.18 first, and then continues on to $0.23. The last two targets are $0.29 and $0.34, suggesting that the meme coin would rise about 100% at the highest level. Featured image from Dall.E, chart from TradingView.com
Dogecoin started a fresh decline from the $0.1700 zone against the US Dollar. DOGE is consolidating and might struggle to recover above $0.1650. DOGE price started a fresh decline below the $0.1650 and $0.1600 levels. The price is trading below the $0.1620 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.1620 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it breaks the $0.1575 support zone. Dogecoin Price Faces Rejection Dogecoin price started a fresh decline after it failed to clear $0.170, unlike Bitcoin and Ethereum. DOGE dipped below the $0.1650 and $0.1600 support levels. The bears were able to push the price below the $0.1585 support level. It even traded close to the $0.1575 support. A low was formed at $0.1573 and the price recently corrected some losses. There was a minor move above the 23.6% Fib retracement level of the downward move from the $0.1693 swing high to the $0.1573 low. Dogecoin price is now trading below the $0.1620 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1620 level. There is also a connecting bearish trend line forming with resistance at $0.1620 on the hourly chart of the DOGE/USD pair. The first major resistance for the bulls could be near the $0.1635 level and the 50% Fib retracement level of the downward move from the $0.1693 swing high to the $0.1573 low. The next major resistance is near the $0.1665 level. A close above the $0.1665 resistance might send the price toward the $0.1700 resistance. Any more gains might send the price toward the $0.1720 level. The next major stop for the bulls might be $0.1800. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.1620 level, it could start another decline. Initial support on the downside is near the $0.1575 level. The next major support is near the $0.1540 level. The main support sits at $0.1500. If there is a downside break below the $0.1500 support, the price could decline further. In the stated case, the price might decline toward the $0.1420 level or even $0.1350 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.1575 and $0.1540. Major Resistance Levels – $0.1620 and $0.1665.
After enduring weeks of heavy selling pressure and bearish sentiment, Dogecoin is beginning to show signs of stability. The broader crypto market is hinting at a potential recovery, though many analysts argue this could simply be a relief rally within a longer-term bear market that began after Bitcoin reached its all-time high in January. Related Reading: Solana Triggers Long Thesis After Pushing Above $125 – Start Of A Bigger Rally? Despite the uncertainty, some assets—including Dogecoin—are starting to build bullish momentum. Investors are closely watching key technical levels as meme coins attempt to recover lost ground. According to crypto analyst Ali Martinez, Dogecoin could be poised for a significant breakout this week. In his recent analysis, Martinez noted that a decisive daily close above $0.17 could unlock upside potential toward $0.21, provided that DOGE maintains support above a critical support level. This setup could mark a turning point for Dogecoin, which has lagged behind many altcoins during the recent downturn. However, the market remains volatile, and traders should remain cautious until confirmation of a sustained breakout. Whether this is the start of a new uptrend or just a temporary bounce remains to be seen—but for now, Dogecoin bulls have something to watch closely. Dogecoin Eyes Breakout As Bulls Target Higher Levels Dogecoin is now facing critical supply levels as the entire crypto market shows signs of recovery following last week’s announcement from US President Donald Trump of a 90-day pause on reciprocal tariffs for all countries except China. While this news injected short-term optimism and triggered a bounce across risk assets, macroeconomic uncertainty continues to dominate the global landscape. With tariffs still on the table and rising geopolitical tensions, the market remains vulnerable to sharp volatility and unpredictable swings. Within this context, Dogecoin is positioning itself for a potential breakout. After weeks of selling pressure that saw DOGE drop to the $0.13 level, bulls have finally stepped in with renewed momentum. According to Martinez, the coming days could be pivotal for Dogecoin. His technical analysis indicates that a close above the $0.17 mark would trigger a bullish breakout, opening the door to $0.21 or even $0.29, as long as the price maintains the $0.13 support. This setup is drawing attention from both retail and institutional traders who are now eyeing DOGE as a potential high-beta play during this recovery phase. Still, confirmation is needed. If Dogecoin can hold above $0.17 with volume, the meme coin may finally leave its consolidation zone behind and regain market momentum. Related Reading: Ethereum Stays Below Realized Price: Once-In-A-Cycle Opportunity? DOGE Price Tests Key Resistance After 30% Rally Dogecoin is currently trading at $0.162, marking an impressive 30% surge from last Monday’s low of approximately $0.129. The bounce comes amid broader market optimism following a temporary pause in tariff escalation announced by US President Donald Trump. However, for DOGE to fully confirm a recovery phase, bulls must continue the momentum and reclaim critical resistance levels ahead. The next upside targets for DOGE sit at $0.185 and $0.205. A sustained close above these levels would signal a strong reversal and potentially kick off a broader uptrend. These price zones align with previous supply areas where selling pressure intensified during past rallies, making them essential hurdles for bullish continuation. Despite the recent rally, risks remain. If Dogecoin loses support at the $0.15 level, it would indicate weakening bullish control and open the door for a decline toward the $0.12 zone—close to its recent bottom. Such a move would likely invalidate the recovery narrative and reinforce the view of DOGE remaining in a broader downtrend. Related Reading: Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours – Sign Of Recovery? For now, the market watches closely. Holding above $0.15 and breaking $0.185 will be crucial to confirm whether Dogecoin is truly gearing up for a sustained reversal. Featured image from Dall-E, chart from TradingView
Dogecoin’s price action continues to honor the technical “blueprint” laid out by crypto analyst Kevin (@Kev_Capital_TA), who reaffirmed on Sunday that his strategic roadmap from March 22 remains intact. The weekly chart reveals an extended descending channel drawn with multiple yellow trend lines that originated in 2021 and constricted price action throughout 2022. Within that formation, the most critical horizontal threshold appears to be $0.139, labeled on the chart as the “Last line in the sand” and described by Kevin as essential for preserving bullish market structure. He notes that maintaining durable weekly closes above this zone is paramount for further upside, while a decisive break beneath $0.139 would nullify the bullish thesis. Dogecoin Follows The Blueprint Dogecoin’s retracement from highs near $0.45 earlier this year has so far been contained by a confluence of support channels and Fibonacci retracement levels. According to Kevin’s chart, the primary Fib levels span from roughly $0.049 at the lower bound (0% Fib) to around $2.268 at the 1.414 extension. Related Reading: Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours – Sign Of Recovery? Closer inspection shows intermediate Fibonacci markers at $0.090 (0.236), $0.138 (0.382), $0.190 (0.50), $0.262 (0.618), $0.413 (0.786), $0.542 (0.88), $0.738 (1.0), $0.934 (1.0866), and $1.543 (1.272). Since the price is hovering near $0.16–$0.17 at press time, Dogecoin has remained above the 0.382 retracement near $0.138, reinforcing Kevin’s argument that the risk-reward ratio at this level appears “absolutely phenomenal.” Kevin’s March 22 update describes the confluence of several higher time frame indicators, including the Weekly Stochastic RSI, the 3-Day MACD, and the 2-Week Stochastic RSI, all of which he sees nearing full resets. He cites the previous weekly demand candle, which formed just above $0.139, as a key sign that buyers are stepping in to defend what he calls “the Last line of bull market support.” The Weekly Stoch RSI on his chart is already situated at low levels, while the 3-Day MACD and 2-Week Stoch RSI appear roughly a month away from bottoming out. According to Kevin, these technical resets should serve as a springboard for Dogecoin’s next significant upward move, provided that Bitcoin, which he believes must hold above $70K in his scenario, remains stable enough to support broader market strength. Related Reading: Dogecoin At Major Breakout Point As Liquidity Bottoms, Says Analyst On Sunday, Kevin reminded his audience that this strategy, first made public on March 22, is going “exactly according to plan,” given Dogecoin’s confirmed bounce around the $0.139 region and the ongoing drift toward oversold conditions in multiple momentum gauges. He disclosed that his Patreon trading portfolio holds an average entry at $0.15 for this swing and noted that a swift rejection of sub-$0.139 weekly closes, coupled with the bullish stance of the higher time frame indicators, corroborates his confidence in Dogecoin’s recovery potential. While he acknowledges that “lots of work” still needs to be done for Dogecoin to reclaim loftier levels near the 0.618 Fib around $0.262 or even the 0.786 Fib at $0.413, Kevin maintains that his initial thesis stands as long as the meme-inspired asset preserves its foothold above $0.139. For him, the risk of a breakdown is well-defined if the pivotal support gives way, but should the level persist, he sees the upside potential extending far beyond the current range. As of now, Dogecoin’s price continues to cling to that all-important line in the sand, keeping Kevin’s bullish blueprint very much alive. At press time, DOGE traded at $0.16493. Featured image created with DALL.E, chart from TradingView.com
Dogecoin has been under heavy selling pressure in recent weeks, with global tensions and macroeconomic instability dragging down risk assets across the board. The broader market correction, fueled by fears of a global recession and escalating trade disputes, hit meme coins especially hard—Dogecoin among them. After setting fresh local lows, DOGE now appears to be mounting a recovery attempt. Related Reading: Bitcoin Long-Term Holders Show Conviction: 63% Of Supply Hasn’t Moved In A Year In a potential shift of sentiment, Dogecoin is beginning to move to the upside, testing key resistance levels that could determine the next phase of its trend. The return of bullish momentum comes as fresh on-chain data from Santiment reveals a noteworthy development: whales have bought over 80 million DOGE in the last 24 hours. This aggressive accumulation by large holders has sparked renewed optimism, signaling growing confidence among major players despite the broader market’s uncertainty. With volatility still elevated and DOGE sitting at a technical inflection point, the coming days will be critical. Whether this whale activity marks the start of a broader uptrend or just a temporary bounce remains to be seen—but for now, the data points to a shift in momentum that investors will be watching closely. Dogecoin Struggles To Recover As Global Tensions Weigh On Markets Dogecoin has been one of the hardest-hit cryptocurrencies during the recent market downturn, shedding over 70% of its value since its December highs. Once viewed as a symbol of retail enthusiasm and viral momentum, DOGE is now leading the meme coin segment into a deeper drawdown. Investors who had high hopes for a continuation of last year’s uptrend are now facing a reality check, as macroeconomic instability and geopolitical risk continue to pressure high-volatility assets. US President Donald Trump’s recent escalation of tariff measures—coupled with retaliatory actions from China—has heightened fears of a prolonged trade war, adding uncertainty to already fragile markets. Equities, commodities, and crypto have all experienced extreme volatility, but meme coins like Dogecoin have suffered the most. Without a strong use case or fundamental backing, sentiment-driven assets like DOGE tend to face the heaviest selling when risk aversion spikes. Despite the broader negativity, there are hints of accumulation that could offer hope for a turnaround. According to data shared by top crypto analyst Ali Martinez, whales bought over 80 million DOGE in the last 24 hours. This buying activity suggests that some large players are viewing the current levels as attractive entry points—even if a full recovery has yet to materialize. For now, Dogecoin remains in a vulnerable position, but rising whale interest could be a signal worth monitoring. Related Reading: Solana Approaches Make-or-Break Level As Technicals And Fundamentals Align – Analyst DOGE Battles Key Resistance After 25% Surge From Local Lows Dogecoin is trading at $0.163 after a strong 25% rebound from the recent low of $0.13, signaling a potential shift in momentum following weeks of persistent selling pressure. The meme coin, which had been one of the worst performers during the recent market downturn, is now testing a critical resistance zone that could determine its next move. Bulls are now eyeing the 4-hour 200 moving average (MA) and exponential moving average (EMA), both positioned around the $0.17 mark. Reclaiming this level is essential to confirm short-term strength and spark a sustainable recovery rally. So far, price action suggests growing interest, but macroeconomic headwinds and market-wide caution continue to limit upside potential. Related Reading: Solana Eyes $200 Target As It Gains Momentum – Recovery Could Mirror 3-Month Downtrend On the flip side, if Dogecoin fails to break through $0.17 and slips below current levels, the risk of a deeper correction remains in play. Such a move could push the price back toward the $0.14–$0.13 support zone, erasing recent gains. As volatility remains elevated across the crypto market, DOGE traders will be closely watching this resistance level for signs of confirmation—or rejection. Featured image from Dall-E, chart from TradingView
Crypto analyst Kevin (@Kev_Capital_TA) has shared a chart that overlays the Global Liquidity Index (yellow, plotted above) on top of Dogecoin’s price action (candlesticks in purple, plotted below). The visual comparison highlights a number of parallel channels and key trend lines that have previously aligned with turning points in Dogecoin’s trajectory. Explosive Dogecoin Setup Amid Liquidity Shift While the Global Liquidity Index has traded within a downward sloping channel – its lower boundary repeatedly capturing local lows marked by orange circles – the price of Dogecoin itself has broken out and retested a long-term sloping trend line that stretches back to its explosive price run in early 2021. The chart shows Dogecoin’s dramatic rise from less than a cent in 2020 to its all-time high of around $0.74 in 2021, before retreating to what appears to be significant support around $0.15. The analyst’s Fib retracement overlay shows the 0.382 level at around $0.14225, an area of technical importance that has attracted renewed attention. The current price action is depicted as settling around a zone where the multi-year descending trend line (yellow) retest meets the 0.382 Fib level, circled on the chart as a potential turning point. Related Reading: Dogecoin Bullish Divergence Plays Out, Analyst Maps Next Price Targets Meanwhile, the Global Liquidity Index at the top of the image has shifted within a downward price channel of its own, suggesting a broader contraction in available market liquidity over the past year. As can be seen, each contact with the lower boundary of the channel has coincided with a notable turning point in Dogecoin’s price movement. The repeated circular markers emphasize moments where the liquidity curve dipped and Dogecoin subsequently carved out local or macro bottoms. This synchronization, argues Kevin, should prompt traders to pay attention because it may herald a rebound if liquidity inflows stabilize or begin to rise again. Related Reading: Dogecoin Whales Offload Over 1.32 Billion DOGE In 48 Hours – Risk-Off Or Panic Selling? Why does the Global Liquidity Index matter for Dogecoin? In general, high liquidity levels can signal greater capital flowing into risk-on assets, especially memecoins like DOGE. When the Global Liquidity Index trends lower, it often reflects tighter financial conditions worldwide. Historically, Dogecoin’s most explosive moves—such as the meteoric rally of 2021—emerged when broader liquidity was on the rise, fostering an environment that helped accelerate trading volumes across the crypto landscape. Kevin’s chart offers no guarantees, but it does underscore an area where Dogecoin’s historic support lines, fib retracement levels, and a bottoming global liquidity channel all converge. Whether this confluence will serve as a catalyst for the next Dogecoin rally remains to be seen, but the chart makes a compelling case to monitor how the Global Liquidity Index evolves—and what it might mean for the ever-popular meme-inspired cryptocurrency. At press time, DOGE traded at $0.15723. Featured image created with DALL.E, chart from TradingView.com
Swiss asset manager 21Shares has openly endorsed Dogecoin, stating that the cryptocurrency has developed a long way from its origins as an online meme. The company cited Dogecoin’s whopping 130,000% price appreciation over the last decade as evidence of its longevity within the turbulent crypto space. Related Reading: XRP ETF Launch Impresses Even In Bear Market, Says Analyst Meme Currency Sees Serious Growth What began as an online joke in 2013 has become what 21Shares refers to as a “movement” in the crypto space. Dogecoin’s performance, the asset manager says, speaks for itself. The coin has recorded an annual growth rate of 125% since its inception, making it the best performer among the market’s top 25 largest cryptocurrencies by market cap. The growth is not just in value. User adoption has nearly doubled in recent years, with wallet addresses rising from 44 million to 84 million in four years. Such rapid growth shows that more people are holding and using the cryptocurrency despite its lighthearted origin. Dogecoin isn’t just a meme—it’s a movement. With 130,000%+ returns, a $30B market cap, and 84M+ wallets, DOGE is rewriting what value means in the digital age. Explore how culture, community, and memes drive this phenomenon. Read the full blog → https://t.co/wNFYdM2pjS pic.twitter.com/ojfYEkVCwQ — 21Shares (@21Shares) April 10, 2025 ETF Filing Marks Major Step For Dogecoin The Swiss company recently submitted an S-1 form to the US Securities and Exchange Commission for a Dogecoin ETF. The filing is a significant step forward for cryptocurrency, which began life as a prank. If accepted, the ETF would allow ordinary investors to own exposure to Dogecoin without buying or owning the cryptocurrency itself. According to regulatory filings, the new fund would be commodity-based, providing an alternative method of bringing Dogecoin into portfolios using traditional investment vehicles. 21Shares Announces Partnership With Dogecoin Foundation 21Shares also announced that it has partnered with the House of Doge, the official business entity of the Dogecoin Foundation. From reports, the partnership is said to further entrench Dogecoin with conventional financial systems. Related Reading: Bitcoin Bulls Crushed: $500 Million Liquidation Shakes Market Confidence The alliance brings a new legitimacy to the currency, with traditional financial institutions now viewing it as a legitimate asset class and not merely an internet fad. Institutional support may entice more risk-averse investors who shunned the meme-coin in the past. New Exchange-Traded Product Launches With Physical Backing In a further demonstration of its dedication to Dogecoin, 21Shares has introduced an exchange-traded product fully supported by the Dogecoin Foundation. This investment product will be collateralized by real Dogecoin in a 1:1 ratio, such that every share equates to holding real cryptocurrency in cold storage. The firm will charge a management fee of 0.25% for this product, which is fairly competitive against peer cryptocurrency investment products. This physical backing model provides investors with confidence that their investment holds a real-world basis in the form of coins and not synthetic derivatives. Featured image from Unsplash, chart from TradingView
The Dogecoin Foundation’s corporate arm plans to market the fund as it aims for wider adoption of the popular meme token.
DOGE shows remarkable resilience amid global economic tensions, with technical indicators pointing to continued upward momentum.
Dogecoin’s momentum has shifted dramatically following macroeconomic developments and a series of strong technical signals, according to crypto chartist Kevin (@Kev_Capital_TA). Yesterday, the broader crypto market surged after President Donald Trump announced a 90-day pause on tariffs for 75 countries, while raising China’s tariffs to 125%. Bullish Momentum For Dogecoin The news sent Bitcoin above the $80,000 threshold and catapulted several major altcoins, including Dogecoin, higher. “Daily Bullish divergence on Dogecoin starting to play here,” Kevin writes in his latest update, while cautioning that “obviously macro news has most to do with this, but nonetheless the charts were giving us hints ahead of time that the opportunity was not guaranteed but there.” In the hours following the tariff announcement, Dogecoin rallied by approximately 13%, strengthening signs of a bullish divergence Kevin first flagged two days earlier. “Dogecoin came down once again to test the bull market structure ‘lines in the sand’ and somehow even though it cleanly broke through earlier in the day was able to recover and close the daily candle slightly above this support level,” he explained. Related Reading: Dogecoin Whales Offload Over 1.32 Billion DOGE In 48 Hours – Risk-Off Or Panic Selling? Kevin noted the parallel between Dogecoin’s bullish divergence and that of Bitcoin on the daily time frame, suggesting that renewed optimism for DOGE may be tied, in part, to the leading cryptocurrency’s resilience above its own pivotal support. Kevin’s outlook is rooted in a multi-week assessment of Dogecoin’s technical posture. At the end of March, he pointed to a “weekly demand candle” and the ‘Last line of bull market support.” He emphasized how crucial it remains for Dogecoin to hold above the 0.139 mark. “It will continue to be absolutely vital that Dogecoin hold this level while it resets higher time frame indicators like the 3 Day MACD, Weekly Stoch RSI and 2W Stoch RSI all of which are getting very close to being fully reset,” he said. DOGE Price Targets He also described the potential upside for Dogecoin as “phenomenal” relative to the risk of losing that $0.139 threshold for multiple weekly closes. The chart’s Fibonacci retracement and extension levels suggest potential technical targets for Dogecoin that remain relevant for traders seeking directional cues. Related Reading: Dogecoin Fading Fervor: Has The Meme Coin Lost Its Mojo? These levels begin with the 0.236 at $0.09038, the 0.382 at $0.13827, the 0.5 at $0.19039, the 0.618 at $0.26216, the 0.65 at $0.28529, and the 0.70 at $0.3310. Higher up, the 0.786 reads $0.41339, the 0.88 is $0.54210, the 1.0 level marks $0.73839, and the 1.0866 is $0.93377. Further on the extension side, the 1.272 stands at $1.54348, and the 1.414 appears at $2.26813. The analyst underscored that “as long as BTC holds these levels and does not lose $70K then I absolutely love this spot on DOGE,” highlighting how the broader market’s trajectory could shape Dogecoin’s path along these technical markers. However, the coming days will reveal whether Dogecoin can build on the momentum that emerged amid the tariff-related market surge—and whether the well-worn phrase “the trend is your friend” will keep Dogecoin enthusiasts in a bullish mindset. At press time, DOGE traded at $0.15751. Featured image created with DALL.E, chart from TradingView.com
Price charts of major tokens flash bullish signals after a prolonged battering.
Dogecoin is once again in the spotlight, but for all the wrong reasons. The popular meme coin has experienced massive selling pressure over the last few days, driven by heightened global tensions and ongoing macroeconomic uncertainty. On Monday, DOGE set a fresh local low around $0.129, further confirming the downtrend that has been building over the past few weeks. Related Reading: Oversold Altcoins Like Solana Flash Bullish Divergences — Are Relief Bounces Coming? The market sentiment around Dogecoin has quickly shifted from cautious optimism to defensive positioning, as investors react to a risk-off environment affecting both traditional and crypto markets. Adding fuel to the bearish fire, data from Santiment reveals that Dogecoin whales have sold more than 1.32 billion DOGE in the past 48 hours alone — a move that raises questions about broader market confidence. Is this massive selloff part of a strategic rebalancing from large holders, or is it a sign of panic selling amid deepening volatility? What’s certain is that DOGE is entering a critical phase. If buyers fail to step in soon, the path of least resistance could be lower. As whales exit and prices falter, the coming days could define whether Dogecoin stabilizes — or spirals further. Dogecoin Slides Further As Whale Selloff Signals Deepening Bear Trend Dogecoin has now lost more than 70% of its value since December, with no clear signs of a recovery in sight. The meme coin, once a symbol of bullish enthusiasm and retail speculation, is now leading the decline in the altcoin space as market conditions worsen. Growing macroeconomic uncertainty continues to weigh heavily on risk assets, and meme coins like Dogecoin have been the most affected. The pressure isn’t just coming from within the crypto market. Broader financial instability — particularly triggered by escalating global tensions — is accelerating the selloff. U.S. President Donald Trump’s latest round of aggressive tariffs and China’s retaliatory stance have stoked fears of a full-blown trade war. As global markets reel from this uncertainty, investors are pulling back from speculative assets, sending DOGE deeper into bearish territory. Adding to the bleak outlook, top analyst Ali Martinez shared data from Santiment revealing that whales have sold over 1.32 billion Dogecoin in just the past 48 hours. This significant outflow is a clear reflection of the risk-off sentiment dominating the market. According to Martinez, this behavior is likely driven by panic and growing expectations that a prolonged bear market is developing. Until sentiment shifts and macro conditions stabilize, Dogecoin’s path remains precarious. The combination of whale dumping, market-wide fear, and global economic strain may keep DOGE under pressure in the near term. Bulls will need to reclaim key levels quickly to avoid a deeper collapse — but for now, the trend remains firmly bearish. Related Reading: XRP Breaks Out Of Head-And-Shoulders Pattern — Eyes Move Toward $1.30 Bulls Struggle At Key Level As Selling Pressure Persists Dogecoin is trading at $0.14, nearly 75% below its 200-day moving average around $0.25 — a striking indicator of how far the meme coin has fallen. The downtrend accelerated when DOGE lost support at the $0.25 level, and since then, bulls have failed to mount any meaningful recovery. Continued macroeconomic stress and weak investor sentiment have only added to the selling pressure, dragging prices lower with each passing week. For Dogecoin to begin a potential recovery phase, holding above the $0.15 level is critical. This zone could act as a short-term support base, giving bulls a chance to regroup. However, merely stabilizing isn’t enough. A push toward the $0.20 mark is needed to reestablish momentum and break the current bearish structure. Reclaiming that level would also bring DOGE closer to its 200-day MA, a key technical milestone for trend reversal. Related Reading: Solana Drops Below $100 For First Time In A Year — Is An 80% Correction Underway? On the downside, losing the $0.14–$0.15 area could open the door to deeper losses. If support fails to hold, a quick move toward the $0.10 level is possible — potentially signaling a return to bear market lows. For now, DOGE remains under heavy pressure, with bulls on the defensive and time running out to avoid another breakdown. Featured image from Dall-E, chart from TradingView
The investment vehicle will be the first and only Dogecoin ETP endorsed by the Dogecoin Foundation.
Dogecoin started a fresh decline from the $0.1720 zone against the US Dollar. DOGE is consolidating and might struggle to recover above $0.1550. DOGE price started a fresh decline below the $0.1650 and $0.1550 levels. The price is trading below the $0.1600 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.160 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it breaks the $0.1380 support zone. Dogecoin Price Dips Again Dogecoin price started a fresh decline after it failed to clear $0.1720, like Bitcoin and Ethereum. DOGE dipped below the $0.1650 and $0.1550 support levels. The bears were able to push the price below the $0.150 support level. It even traded close to the $0.1280 support. A low was formed at $0.1296 and the price recently corrected some losses. There was a minor move above the 50% Fib retracement level of the downward move from the $0.1727 swing high to the $0.1296 low. However, the bears were active near the $0.1560 resistance and the 61.8% Fib retracement level of the downward move from the $0.1727 swing high to the $0.1296 low. There is also a connecting bearish trend line forming with resistance at $0.160 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.160 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1500 level. The first major resistance for the bulls could be near the $0.1550 level. The next major resistance is near the $0.160 level. A close above the $0.160 resistance might send the price toward the $0.1720 resistance. Any more gains might send the price toward the $0.180 level. The next major stop for the bulls might be $0.1880. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.150 level, it could start another decline. Initial support on the downside is near the $0.1380 level. The next major support is near the $0.1320 level. The main support sits at $0.1280. If there is a downside break below the $0.1280 support, the price could decline further. In the stated case, the price might decline toward the $0.1200 level or even $0.1120 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.1320 and $0.1280. Major Resistance Levels – $0.1500 and $0.1550.
Dogecoin is now grappling with a slowdown in momentum that has left many investors wondering if its best days are behind it. After tumbling to the $0.1293 mark, DOGE managed to pull off a notable rebound, suggesting that the bulls aren’t ready to throw in the towel just yet. As market interest shifts toward newer trends and utility-driven tokens, Dogecoin’s fading excitement is becoming hard to ignore. Despite the recent recovery, trading activity remains tepid, and the community buzz that once fueled its rallies appears to be losing steam. Technical Breakdown Of The $0.1293 Bounce According to Cantonese Cat in his latest post on X, before Dogecoin’s rebound at $0.1293, the Relative Strength Index (RSI) indicator formed a bullish divergence, which played a significant role in the price recovery. In technical analysis, a bullish divergence occurs when an asset’s price makes lower lows while the RSI forms higher lows. Related Reading: Dogecoin (DOGE) Bleeds Further—Fresh Weekly Lows Test Investor Patience Based on his post, this discrepancy between the price action and the RSI suggests that although the price is declining, the momentum behind the selling is weakening, signaling a potential shift in market dynamics. In Dogecoin’s case, the RSI’s bullish divergence provided an early indication that the market was oversold and that a reversal could be in the cards. Traders closely monitor such divergences since they often precede price reversals. When the price reached the $0.1293 level, it acted as a key support, triggering the buying pressure as the bearish momentum faded. Next Big Move: Can Dogecoin Break Free from The Slow Lane? Dogecoin has been experiencing a period of sluggish price action, with its recovery efforts often met with resistance. After a modest rebound from the $0.1293 support level, the meme coin has struggled to maintain momentum. The key question now is whether Dogecoin can break through the current resistance levels and ignite a sustained rally. Related Reading: Dogecoin Forms A Daily Bullish Pattern – Analyst Expects A Breakout To $0.43 If Dogecoin manages to break free from its current slowdown, it could recover the $0.18 resistance level. A successful breakout above this level would reinforce the strength of the bullish momentum for additional gains. This would pave the way for DOGE to target higher resistance zones, such as $0.2403 and $0.2923, potentially driving the price into a more substantial upward trend. Additionally, broader market conditions and sentiment around meme coins will play a crucial role. While Dogecoin has shown resilience in the past, the road ahead will require strong demand, a solid breakout above key levels, and sustained buying pressure to drive the price out of its current range. If these factors align, Dogecoin might see a powerful breakout, shifting from its slow climb into a more decisive upward trend. Featured image from Shutterstock, chart from Tradingview.com
After Dogecoin temporarily fell by more than 22% yesterday amid rumors of a “Black Friday”, the price has since been able to recover at least some of its losses. Nevertheless, DOGE is still down around 11% since the start of the week. This has put the price of Dogecoin in a tricky situation. Dogecoin Forms Bull Div Dogecoin breached a critical ascending support line before quickly recovering, a behavior that crypto analyst Kevin (@Kev_Capital_TA) describes as testing the “lines in the sand” for this ongoing bull market structure. Related Reading: Dogecoin Crashes 20%, But ‘Bull Line’ Signals Hope For HODLers Kevin’s shared chart indicates that DOGE temporarily dipped below a rising pink trendline that has been in place since mid-2023, yet managed to close the daily candle back above this historically significant support around the $0.138 region—a level that also coincides with the 38.2% Fibonacci retracement level measured from the $0.049 swing low to the approximately $0.738 peak. The analyst points out that, despite the intraday break, DOGE’s recovery formed what he calls a “clean bullish divergence” on the daily time frame, referencing the Relative Strength Index which has begun climbing even as price made a slightly lower low. He likened this development to a similar divergence unfolding on Bitcoin’s chart, suggesting that Dogecoin’s momentum may be stabilizing after a series of drawn-out declines from the $0.48 high set early December last year. DOGE Uptrend Remains Intact Charting Guy (@ChartingGuy) weighed in separately, highlighting that Dogecoin has arrived once more at its weekly 200 EMA zone—an important trend marker hovering in the mid-$0.13 range—and that its overall structure still shows “higher highs, higher lows” when viewed on a broader timescale. His posted chart also features a Fibonacci analysis which shows that DOGE could manage to close above the 0.382 Fib level, reinforcing the notion that DOGE’s ability to hold above $0.15 could be a crucial gauge of bullish continuation. Failure to sustain this level, however, would risk revisiting deeper Fibonacci support levels, including the 23.6% retracement near $0.09 or even the 13.6% level around $0.07. Related Reading: Dogecoin Volume Remains Low As Price Tanks, Analyst Says Another Surge Is Coming On the upside, traders may look to potential resistance zones in the mid-$0.20s, which line up with the 61.8% Fibonacci retracement at roughly $0.2671, and the high-$0.30s to low-$0.40s range tied to deeper retracement zones up to the 78.6% mark. The chart watcher also notes that a retest of the prior swing highs above $0.40 would align with an extended push toward the 88.8% Fibonacci near $0.56, although market participants remain cautious amid the broader volatility that is brought to the market by US President Donald Trump’s tariff policies. At press time, DOGE traded at $0.149. Featured image created with DALL.E, chart from TradingView.com
Nearly every major cryptocurrency is down Monday as Trump's trade war batters markets. But Fartcoin keeps drawing (and bewildering) investors.
Amidst a broader crypto market crash, the Dogecoin price is down more than 20% in the last 24 hours. Yet crypto analyst Kevin, who posts under the handle @Kev_Capital_TA on X, has reiterated his stance that Dogecoin still holds a critical “bull market line” and builds momentum higher if broader market conditions improve. Dogecoin Must Hold Above This Price In a new update, Kevin writes: “Nothing much has changed on Dogecoin since my last post on 3/22. Higher time frame indicators are mostly reset and we are holding the bull market line in the sand of support. This may not be the popular X take at the moment but engaging on people’s fears is not what we do here. As long as BTC cooperates and economic data comes in favorable I say send it higher within the next few weeks.” He references an older post from March 22 in which he laid out a comprehensive technical perspective on Dogecoin’s position. In that post, he pointed to the $0.139 price level as the coin’s “Last line of bull market support,” warning that a durable weekly close below the multi-year downtrend line could signal a profound shift in sentiment. Related Reading: Dogecoin Faces Moment Of Truth: Will It Hold The Line Or Freefall? “My #Dogecoin Community it is about that time where I must provide you the Alpha you all desire,” he wrote in March. “If we take a look at DOGE on the weekly time frame we can see that we received a weekly demand candle last week at the ‘Last line of bull market support’ [which is at $0.139] that I pointed out a couple of weeks ago. It will continue to be absolutely vital that Dogecoin hold this level while it resets higher time frame indicators like the 3 Day MACD, Weekly Stoch RSI and 2W Stoch RSI all of which are getting very close to being fully reset.” According to Kevin’s assessment, those particular indicators—which are commonly used to gauge momentum and potential overbought or oversold conditions—are crucial for traders looking to pinpoint when Dogecoin might next see an upward price swing. He also mentioned a target for Bitcoin not to fall below $70,000 if Dogecoin’s bullish framework was to remain intact, emphasizing that broader crypto market conditions often set the pace for high-beta altcoins like DOGE. DOGE Vs. Global Liquidity In yesterday’s post, Kevin delved deeper into the macroeconomic context, overlaying the Global Liquidity Index onto Dogecoin’s price chart. In his words, “If we take a look at #Dogecoin with the Global Liquidity Index overlaid you can see we are at a very interesting point here. On the LOG chart DOGE is back testing the breakout point of what was the entire bear market range that lasted from May of 2021 to October of 2024.” This reference to a prolonged bear market range underscores the extent to which Dogecoin’s price has traveled between its 2021 peaks and subsequent declines. He further explains that this region coincides with the “macro .382” at $0.142 when measuring from the previous bull market highs to the bear market lows, which he regards as a major inflection point and a potential springboard for a renewed rally, provided the market cooperates. Related Reading: Dogecoin To $0.57 Or $0.06? Analyst Says DOGE’s Fate Hinges On This Level Kevin attributes a large share of crypto price direction to broader liquidity conditions, writing that “Global liquidity has shown to be throughout all of history a major driver of risk asset prices especially #Altcoins and we can see here that it has been trading perfectly in this downward channel since May of 2022 which lines up with central bank tightening of monetary policy across the globe as inflation was sky rocketing.” As global monetary authorities begin to wind down or at least slow the pace of interest rate hikes, liquidity levels may start to edge higher again. In his assessment, this easing, even if gradual, could supply the necessary fuel for a breakout in both market liquidity and Dogecoin’s price. “Based on history I believe it will likely start to breakout here. If the correlation remains true as it has through the years then this back test on Doge specially is providing one of the best risk reward ratios you can ask for in a long term hold entry or swing play,” he says, while making clear that a failure to hold $0.139 “durably below” would be his invalidation point. At press time, DOGE was just below Kevin’s last “bull line” and was trading at $0.13558. Featured image created with DALL.E, chart from TradingView.com
Dogecoin has seen a major drop in volume since hitting two-year highs back in November 2024. This volume drop has been followed by large declines in the DOGE price, leading to over 50% of the meme coin’s value that has been lost in less than six months. With the volume remaining muted, it is possible that this price drop could continue and plunge investors into even more losses. Dogecoin Daily Volume Remains Below $5 Billion Over the last four months, the Dogecoin daily volume has been seeing a steady volume plunge. The daily volume hit a high above $60 billion on November 13, 2024, but by the end of March 2025, the daily trading volume dropped below $3 billion, resulting in an over 90% drop in volume in only four months. Related Reading: Bitcoin Price On The Verge Of 15% Breakout As Analyst Spots This Formation Since then, Coinglass data shows there has been some increase in the daily trading volume. However, it is far from notable as the daily average for Dogecoin has come out below $5 billion for the entire of April 2025 so far. This drop in volume also coincides with the price decline, which suggests that unless there is a change in the volume, the Dogecoin price could continue to struggle. As a result of the price decline, long traders have suffered the most as bears reclaimed control of the crypto market. On Sunday, with over $4 million in liquidations, over 80% were from long traders as declines mounted due to the bearish pressure. Most of the decline has been driven by Donald Trump’s tariffs, which have caused the stock market to hit its worst crash since 2010. This has translated into a bear market, with the Bitcoin price falling toward $80,000. Altcoins like Dogecoin have naturally suffered more losses due to their highly volatile nature of being meme coins and have dropped by more than 50% compared to Bitcoin’s 25% decline. Not Everyone Is Bearish Despite the overwhelming bear pressure that has blanketed the crypto market, bullishness around the Dogecoin price continues to rise. One of those who have remained steadfast in their bullishness is crypto analyst Trader Tardigrade. Related Reading: Ethereum Tanks Nearly 50% As Bitcoin Holds Stronger In Q1 In an X (formerly Twitter) post, the crypto analyst pointed out similarities to the 2016 and 2021 cycles where the Dogecoin price saw notable moves. According to the chart, there have been similar formations pointing to a possible surge for DOGE. If this plays out accordingly, then the DOGE price could be staring down an over 1,500% increase in price as the crypto analyst has set the target as high as $2.1. “Dogecoin is about to Surge again,” the analyst said. Chart from TradingView.com
Dogecoin is now trading at critical levels after enduring several days of sustained selling pressure and failing to break above the $0.18 mark. The popular meme coin is currently down 65% from its multi-year high around $0.48, and sentiment around DOGE remains underwhelming. As price action continues to weaken, investors are growing cautious, and bulls are struggling to regain control. Related Reading: Ethereum Whales Buy the Dip – Over 130K ETH Added In A Single Day The broader financial landscape is not helping. Macroeconomic uncertainty, rising geopolitical tensions, and sweeping trade tariffs are shaking global markets, pushing risk-on assets like cryptocurrencies deeper into correction territory. In this environment, volatility and instability are becoming the norm — particularly for highly speculative assets such as meme coins. Dogecoin, known for its price-driven hype cycles, could be especially vulnerable if market conditions continue to deteriorate. Crypto analyst Ali Martinez shared a technical analysis on X, revealing that Dogecoin is currently testing a key support level. According to Martinez, this level will likely determine the coin’s next big move — either triggering a rebound or opening the door to deeper losses. With sentiment still fragile and volatility high, DOGE’s next steps will be closely watched as it teeters on the edge of further downside. Dogecoin Trades At Make-Or-Break Level As Bears Dominate Dogecoin is trading at a critical demand zone after enduring weeks of aggressive selling pressure that has dragged the price below key resistance levels. Among all crypto sectors, meme coins have taken the hardest hit during the recent market correction, and DOGE is no exception. The asset continues to follow a strong bearish trend, and unless bulls can defend the current support, the downtrend could accelerate. At present, Dogecoin is hovering just above the $0.17 level — a key threshold that may decide whether the coin rebounds or continues to slide. Martinez’s insights highlight the significance of this zone. According to Martinez, Dogecoin is now at a “make-or-break” level, and how it behaves here will shape its short-term and possibly long-term trajectory. Martinez pointed out that DOGE has been trading within a long-standing bullish channel, and the $0.17 level sits at the lower boundary of this structure. A decisive hold at this level could act as a launchpad for a significant rally, especially if broader market sentiment improves. Conversely, if DOGE loses this support, the bullish structure would break down — opening the door to deeper losses. Related Reading: Chainlink Whales Dump Over 170 Million LINK In Three Weeks – Selling Pressure Ahead? With meme coins underperforming and macro uncertainty still in play, all eyes are on DOGE’s next move. If bulls fail to defend the $0.17 mark, Dogecoin could face another leg lower. However, if this crucial support holds, a powerful rebound may follow, offering a rare window of opportunity for patient investors. DOGE Trades Below Key Averages As Bulls Defend $0.16 Support Dogecoin is currently trading at $0.169 after several days of struggling to regain momentum below the 4-hour 200 MA and EMA, both hovering near the $0.18 level. The recent rejection from this technical zone has kept DOGE under pressure, with price action showing signs of continued weakness. Bulls are now in a tight spot, needing to defend current levels to avoid a deeper correction. To confirm a potential recovery rally, DOGE must not only hold above the $0.169 mark but also break decisively above the $0.205 resistance level. This area has acted as a key barrier in recent weeks, and a breakout would signal a shift in momentum and open the path toward higher levels. Related Reading: Bitcoin Rejected At Descending Resistance Again – Is $78,600 Still In Play? However, the downside risks remain. If DOGE loses the $0.16 support — a level that has held through previous dips — it could quickly fall below the $0.15 mark, deepening the bearish trend. With meme coins underperforming across the board and overall market sentiment still fragile, Dogecoin’s next move will be crucial. A bounce from here could mark the beginning of a recovery phase, but failure to reclaim key technical levels could result in another leg down. Featured image from Dall-E, chart from TradingView
Dogecoin is once again in the hot seat as the meme coin tests a multi-year trend line that dates back to the heady days of 2021. Both the daily and weekly charts underscore the significance of this zone, with the market hovering dangerously near a juncture that could determine whether the current price collapses by another quarter or stages a dramatic rebound. Dogecoin Could Plunge Further On the weekly chart, the trend line slants downward from the historically elevated levels near last cycle’s top and converges with the 0.786 Fibonacci retracement at around $0.167. Thus, Dogecoin finds itself on shaky ground as it slipped below the 0.786 Fibonacci level at $0.167 yet still clings to the multi-year trend line, which currently hovers around $0.157. DOGE’s ability to stay above the line may decide whether the market can avoid a renewed sell-off that could erase a quarter of its current value. Notably, DOGE is already down about 66% from its December peak above $0.48 last year, revealing just how tightly the bulls need to hold the line to avoid another wave of selling pressure. Related Reading: Crypto Analyst Calls Dogecoin Chart A ‘Beauty’ As Key Indicators Align Zooming in on the daily time frame, the story becomes clearer. After Dogecoin dropped out of a downtrend channel on February 24, it made an attempt to fight its way back inside on March 2 and 3, only to be swiftly pushed below the channel floor again. Subsequent rejections on March 6 and March 26 along the lower boundary confirm that the bears have little intention of giving DOGE an easy path back above. This persistent refusal is accompanied by waning volume, indicating that buyers have had difficulty mustering the momentum required to reclaim a foothold inside the channel. The weekly EMAs are spread above the price, notably with key lines sitting well above $0.16, while the daily EMAs have turned into near-term ceilings that Dogecoin has repeatedly failed to surmount in recent sessions. Related Reading: Dogecoin, XRP Among Coins Seeing The Largest Decline In Profit Supply: Data Should DOGE fall below the multi-year trend line, it could test again the support zone just around $0.14 like on March 10 and 11—delineated in red on the chart. If DOGE fails to defend the trend line and slides below the $0.14 mark, the next major pivot comes at $0.12, symbolized by the prominent blue line. A retreat that far would amount to a further 25% drop from current price levels, potentially deepening bearish sentiment well into the second quarter. All eyes are now locked on the interplay between price and the decades-long slope that has served as both a magnet and buffer across multiple market cycles. Should buyers step in firmly at the intersection of the multi-year line and the 0.786 Fibonacci level, the next challenge would be to recapture the lower boundary of the descending channel—something Dogecoin has failed to do despite repeated tests. On the other hand, a decisive break below $0.14 would raise the odds of a capitulation down to $0.12 or potentially lower. For now, it appears Dogecoin’s fate hinges on whether this long standing structural support can weather the storm. If it does, the battered meme coin may yet script a comeback. If not, the market may face a freefall that rekindles memories of the most volatile chapters in its history. Featured image created with DALL.E, chart from TradingView.com
Dogecoin started a fresh decline from the $0.180 zone against the US Dollar. DOGE is consolidating and might struggle to recover above $0.1680. DOGE price started a fresh decline below the $0.1750 and $0.170 levels. The price is trading below the $0.1680 level and the 100-hourly simple moving average. There was a break below a key bullish trend line forming with support at $0.170 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it breaks the $0.1550 support zone. Dogecoin Price Dips Again Dogecoin price started a fresh decline after it failed to clear $0.180, like Bitcoin and Ethereum. DOGE dipped below the $0.1750 and $0.1720 support levels. There was a break below a key bullish trend line forming with support at $0.170 on the hourly chart of the DOGE/USD pair. The bears were able to push the price below the $0.1620 support level. It even traded close to the $0.1550 support. A low was formed at $0.1555 and the price is now consolidating losses. There was a minor move above the 23.6% Fib retracement level of the downward move from the $0.180 swing high to the $0.1555 low. Dogecoin price is now trading below the $0.170 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.1650 level. The first major resistance for the bulls could be near the $0.1680 level. It is near the 50% Fib retracement level of the downward move from the $0.180 swing high to the $0.1555 low. The next major resistance is near the $0.1740 level. A close above the $0.1740 resistance might send the price toward the $0.180 resistance. Any more gains might send the price toward the $0.1880 level. The next major stop for the bulls might be $0.1950. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.170 level, it could start another decline. Initial support on the downside is near the $0.160 level. The next major support is near the $0.1550 level. The main support sits at $0.150. If there is a downside break below the $0.150 support, the price could decline further. In the stated case, the price might decline toward the $0.1320 level or even $0.120 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1600 and $0.1550. Major Resistance Levels – $0.1680 and $0.1740.
The Dogecoin price has been defying broader market weakness by establishing a series of higher lows. Amidst the market downturn, technical indicators suggest that Dogecoin could be setting the stage for an explosive rally, with analysts predicting a 270% surge to a new price high. Dogecoin Price Prepares For 270% Surge A Dogecoin price chart shared by crypto analyst Javon Marks reveals a critical shift in momentum. Following a prolonged downtrend that saw the meme coin’s price crash to significant lows, Dogecoin has now broken out of a descending trendline, signaling the potential end of its bear cycle. Related Reading: Cardano Price Could Be Set For 100% Rally As This Bullish Triangle Has Formed On The Daily Timeframe Since reaching a cycle low, Dogecoin has consistently posted higher lows — a common sign of growing buying pressure and a steady uptrend. Following the formation of its latest higher low, Marks believes that DOGE is now positioned in a bullish set-up. Historically, similar patterns have preceded parabolic moves in the Dogecoin price, suggesting that the meme coin could be gearing up for an uptrend continuation. According to Marks‘ analysis, if Dogecoin follows the established trend, the next impulsive wave could push its price to $0.653, marking an explosive 270% surge. While past higher low formations support the likelihood of the analyst’s projected rally, Dogecoin’s recent breakout from the descending trendline reinforces its bullish structure. Marks also suggests that a climb to the $0.63 level could serve as a launchpad for Dogecoin, potentially driving its price even higher to $1.25 if its momentum persists. Despite the ongoing market volatility, DOGE continues to hold key support levels as it eyes a fresh breakout. Notably, a surge to the $1.25 target would mark an impressive 681.25% increase from the meme coin’s current market value of $0.16. DOGE Faces Make Or Break Level According to crypto analyst Ali Martinez, the Dogecoin price is currently at a make-or-break point, meaning that its next move could determine whether it sees a significant breakout or a sharp decline. Sharing a price chart highlighting Fibonacci retracements and trend channels, the analyst revealed that Dogecoin is sitting on a key ascending trendline that has acted as support since 2018. Related Reading: Pundit Gives Dogecoin Price 30-40% Chance Of Crash To $0.165 As RSI Enters Oversold Levels This trend line aligns with the 0.796 Fibonacci retracement level at $0.16, marking it a crucial support zone. If Dogecoin holds above this level, it could trigger a bullish continuation, with the next major Fibonacci extension level at $0.57. Surpassing this price mark could also propel Dogecoin to the 1.272 Fib at $2.77. On the flip side, if Dogecoin breaks below $0.16, the next major support lies around the 0.618 Fib at $0.06. The analyst’s chart also highlights a possible breakdown to $0.0066 or even as low as $0.0016 if bearish momentum persists. Featured image from iStock, chart from Tradingview.com
An analyst has explained how Dogecoin could be at a make-or-break level right now based on a technical analysis (TA) chart pattern. Dogecoin Is Retesting The Lower Bound Of An Ascending Channel In a new post on X, analyst Ali Martinez has shared a TA pattern potentially forming in the meme coin’s 1-week price chart. The pattern in question is an Ascending Channel, which appears when an asset trades between two parallel trendlines slopped upwards. As the price curve moves inside the channel, it observes consolidation toward the upside. The upper line of the pattern acts as a ceiling, providing resistance when the asset retests it. Similarly, the lower line acts as a point of support. Related Reading: Dogecoin, XRP Among Coins Seeing The Largest Decline In Profit Supply: Data In the scenario that one of these levels breaks, the price can see a continuation of the trend in that direction. That is, a surge above the channel can be a bullish signal, while a drop under it is a bearish one. Now, here is the chart posted by the analyst displaying the Ascending Channel that the weekly Dogecoin price has been traveling inside for the last few years: As is visible in the above graph, the 1-week price of Dogecoin has recently witnessed a plunge to the support level of this multi-year Ascending Channel, situated around $0.16. The last time that the meme coin retested this line was last year and back then, the coin was able to find a successful bottom, which launched its price into a bull rally. Given this trend, the latest retest of the line could also prove to be crucial for the cryptocurrency, with the analyst even tagging the level as a ‘make-or-break’ one. As for the potential scenarios that this retest can lead to, the analyst has noted, “if $0.16 holds, a rally to $0.57 could follow. If it fails, a drop to $0.06 becomes likely.” These targets are based on the Fibonacci Retracement levels, which are lines that correspond to important ratios from the popular Fibonacci series. Fibonacci Retracement levels are taken from a specific price top, with the point of the top corresponding to the 1 level. From the chart, it’s visible that DOGE is currently trading almost exactly at the 0.786 level, making the asset’s current retest have another layer of significance. A breakdown could send the coin to the next retracement level, 0.618, which corresponds to the $0.06 target that the analyst has given. Related Reading: Bitcoin Fear & Greed Index Approaches Neutral As BTC Recovers To $85,000 Similarly, a surge upward could help Dogecoin touch the higher 1 level, situated around $0.57. It now remains to be seen how the memecoin’s retest would go. DOGE Price Dogecoin has had a bearish past day as it has dropped to $0.16 following a drawdown of more than 8%. Featured image from Dall-E, charts from TradingView.com
Dogecoin experienced a 12.7% price swing as technical indicators point to critical support levels amid recovery attempts