Dogecoin's price has slipped below the important 100-day exponential moving average (EMA) at $0.0816, weakening the technical support that upheld its August rebound. After a strong rally in August from around $0.07 to above $0.094, DOGE failed to reclaim the 200-day EMA resistance and has since formed lower highs, pushing it back toward and below the 100-day EMA. This breakdown increases the risk of a deeper decline toward the 50-day EMA near $0.0752 and possibly to the summer consolidation zone between $0.069 and $0.072 if selling intensifies. Momentum indicators like the RSI also show fading bullish strength, making it critical for DOGE bulls to regain the 100-day EMA to stabilize the price and attempt a move toward resistance between $0.085 and $0.090. Without this recovery, Dogecoin remains vulnerable to further downside.
Dogecoin's latest monthly candle closed with a bullish inverted hammer pattern, suggesting a potential long-term momentum shift after a period of weakness. However, confirmation through rising volume and higher highs is needed to validate this revers...
September started with a market downturn affecting cryptocurrencies and traditional assets, with Dogecoin cofounder Billy Markus commenting wryly on the usual seasonal decline. Over $361 million in crypto positions were liquidated recently, reflectin...
Dogecoin (DOGE) has dropped below its crucial 100-day moving average at $0.0816, a level it last breached before a significant decline in June. This break undermines the recovery seen in August when DOGE briefly rose above $0.094 but failed to hold l...
Most major cryptocurrencies saw price declines, including Bitcoin dropping 1.78% to $76,678 and Ethereum falling 3.26% to $2,378.53. Other tokens like XRP, Solana, and Zcash also experienced notable losses. A few coins showed slight gains, but overal...
Dogecoin's network activity has increased significantly, with active addresses rising 35% and daily transactions exceeding 1.2 million, according to BitInfoCharts data. This suggests more real usage of the Dogecoin network beyond social media buzz an...
