DOGE cryptocurrency has been asleep for more than half a year. This volcano worked well until May 2021. However, after setting its highs from mid-May on the weekly timeframe, you can see a gradual correction in the DOGE price. During this correction, trading volumes are low and there are no signals to complete this stage in the DOGE market yet. There is one small hint. As we can see, the DOGE price is moving in a clear corrective channel of the fall. Though, in recent weeks, market participants have begun to reduce the range of price movements. Thus, the DOGE price began to be traded in a narrow wedge. It is becoming increasingly difficult for sellers to update local lows. And buyers are not ready to start the active phase of growth and buy DOGE at market prices. https://www.tradingview.com/x/6oIv8WTi/ Therefore, in the near future we expect a shot of DOGE cryptocurrency up. The main condition for this scenario is to keep the mark of $0.1. In the implementation of this scenario, we will expect a price rebound to $0.26. However, this jump will not mean that the downward trend is over. It should be borne in mind that while the $0.26 mark under the control of sellers, the probability of a new fall wave remains high. Technical Analysis Of DOGE On The Daily Timeframe https://www.tradingview.com/x/ZtAkQYoK/ Analyzing the movement of the DOGE price on the daily timeframe, we can see that buyers have not yet been able to reach the top trend line of the consolidation wedge. Therefore, to complete their growth wave to begin with, they need to show strength in the range of $0.138. It was this range that was able to stop the fall of the DOGE  price on 22 January and change the balance of power in the market. Given the likely correction of the BTC price from the $46,000 range, it is unlikely that DOGE buyers will be able to break the consolidation wedge during this growth wave. Thus, we expect another fall wave before the likely medium-term growth of the entire cryptocurrency market, including DOGE. The DOGEBTC Price Stopped At A Crucial Point https://www.tradingview.com/x/EwRLlekL/ DOGEBTC global price chart shows that the downward trend from May 2021 is on the verge of breaking. From October 2021, sellers are unable to update local lows. Now the DOGEBTC price is moving near the upper trend line of the fall channel. Given the interest of buyers in the range of 0.00000367, we can conclude that the minimum price rebound is highly probable. The first main target is the mark 0.00000857. However, given the DOGEBTC correction time, we do not rule out the possibility that the impulse may be much stronger.

The post DOGE Technical Analysis: The End Of The Correction Is Not Visible Yet appeared first on Cryptoknowmics-Crypto News and Media Platform.

The price of Dogecoin (DOGE) is trading in a narrow range at the bottom of the chart.

Meme coins took a significant hit during the ongoing correction phase. Many crypto coins lost their 50% retracement level and continued to face bear wrath. However, the growing interest of investors in those discounted prices teases a recovery opportunity in these coins. Let’s study the technical charts of these top meme coins to find out.

The post Cryptocurrency Price Today: Are Meme Coins Finally Showing Signs of Bullish Reversal? appeared first on CoinGape.

After a sharp drop in the last two weeks, Dogecoin is now green. It…

The post Dogecoin spikes after Elon Musk ask McDonald’s to accept DOGE payments appeared first on Coin Journal.

For the past week, the price of Dogecoin (DOGE) has been in a downward movement after leaving the high of $0.21. Today, the cryptocurrency has fallen to the low of $0.12 by the time of writing.

The year 2022 started with high hopes for DOGE as it witnessed another boom in the second week of January 2022. This was because the [...]

The post DOGE Price Fears to Deplete At 3x Speed Soon, Will Dogecoin go up Again? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Dogecoin nowadays is showing huge signs of weakness and hence the volatility rate is expected to remain high. The popular memetoken is on the verge to break through the crucial support levels and test lower support zones yet again. While currently the asset is pointing towards an extreme downtrend, the possibilities of a flip remain …

Dogecoin soared over 17% few hours after Elon Musk announced payment acceptance of DOGE for Tesla merchandise. Tesla’s store records massive ‘sold out’ on many items. DOGE briefly reclaimed $0.2 resistance hours after Elon’s tweet. Two days ago, the CEO of Tesla, Elon Musk, announced on Twitter that the company has started accepting Dogecoin as a […]

Memecoin markets added 5% in the past 24 hours according to the latest analysis that we have in today’s altcoin latest news. Dogecoin had a good week jumping more than 20% in the past week and 14 other meme coins surpassed DOGE’s weekly jump as a few other tokens saw triple-digit spikes in the past […]

Bitcoin’s trading volume drops while Bitcoin is up 20% over the past week compared to a 3% rise in BTC as we are reading more today in our latest dOGE news. Bitcoin traded in a tight range this past week which provided a relief to the market participants after the volatile start of the year […]

The post Dogecoin (DOGE) Breaks the Downtrend and Eyes at Another 35% Upswing in the Next Week! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

While many other crypto assets are attempting to sustain within the trembled situation, Dogecoin aims at making huge moves in the upcoming days. The popular memecoin yet again proved the necessity of an external factor to range beyond its depleting trend. But the main contrast with the recent plunge is the asset managed to sustain …

Bitcoin gets rejected at $44K again and most altcoins are also in the red today while Doge stole the show after the Tesla announcement for accepting DOGE for merch as we are reading more today in our latest Bitcoin news. Bitcoin gets rejected at $44K and the rejection drove it south by $2000 and most […]