Dogecoin dropped about 4% to around $0.086 after failing to break through resistance near its 200-day moving average at $0.0964. The decline was amplified by leveraged long positions unwinding, rather than any fundamental news. Immediate support is seen between $0.082 and $0.084, with a break below potentially testing the psychological $0.08 level. Institutional interest in Dogecoin ETFs remains low, making retail trading and derivatives the main short-term price drivers. This pullback highlights how quickly momentum can reverse in speculative markets.
On October 9, Solana (SOL) recorded the highest funding rate among major cryptocurrencies at 0.0100% every eight hours, annualizing to 10.9%. This occurred even as its open interest decreased by 2.65% to $925.6 million, with traders mostly holding lo...
Dogecoin's team behind the MyDoge wallet has launched DogeOS, a public testnet for an EVM-compatible zero-knowledge rollup that allows smart contracts on Dogecoin without changing its base layer. DogeOS aims to increase transaction speed to about 300...
Dogecoin (DOGE) is showing signs of a continued downtrend, potentially falling another 60% from its current price near $0.085. Two bearish chart patterns—a long-term bear flag and a smaller rising wedge—indicate further downside risk. The recent brea...
Dogecoin (DOGE) traded near $0.085 on October 9, maintaining support around $0.084 despite a decline in large-wallet balances by 100 million tokens since October 3. Technical indicators remain bearish, with DOGE closing below key moving averages and ...
Bitcoin dropped nearly 2% to $81,723, leading a broad decline in the crypto market which saw total capitalization fall over 5% to $2.78 trillion. Ether, XRP, BNB, Solana, and Dogecoin also experienced significant losses, with NEAR Protocol falling ov...
