On-chain data shows the number of active addresses on the Dogecoin network has shot up recently. Here’s what this could mean for the memecoin. Dogecoin Active Addresses Have Risen To 73,000 As highlighted by analyst Ali Martinez in a new Active Addresses recently. This on-chain indicator keeps track of the total amount of addresses that…
Category: Dogecoin
Dogecoin Still Trapped In Triangle—29% Move Brewing?
A crypto analyst has pointed out how Dogecoin has remained stuck in a Descending Triangle recently, decompression from which could potentially trigger a notable move. Dogecoin Has Continued To Coil Inside A Descending Triangle In a new Descending Triangle is a triangular consolidation channel from technical analysis (TA) that forms when an asset travels between…
Here Are The Main Levels To Watch After Dogecoin Price Completed A Clean Kumo Rejection
Dogecoin’s H4 chart has delivered an interesting bearish signal. According to a technical analysis published by popular Dogecoin analyst Trader Tardigrade on X, DOGE has just executed a clean rejection from the Kumo, the cloud resistance zone of the Ichimoku technical indicator. That failure is now shaping the next phase of Dogecoin’s price action. The…
Pundit Reveals What Would Need To Happen For Dogecoin Price To Hit $10
Over the years, there have been various predictions that have put the Dogecoin price as high as $10. Mostly, the last bull cycle was expected to propel the meme coin through this target. However, Dogecoin was unable to clear its previous $0.74 all-time high, and thus, the $1 level remains elusive. While this is going…
Dogecoin Could Offer Best Risk-Reward Since October 2023, Analyst Says
A move into the $0.078 area could present Dogecoin’s most attractive risk-reward setup in more than two years. Will Taylor, who posts on X as @Cryptoinsightuk, said on March 25 that he is watching for exactly that kind of dip. “If DOGE heads to $0.078 I am buying a decent size. Best R/R we’ve seen…
Dogecoin Supply Barrier: This Level Holds Cost Basis Of 28 Billion DOGE
A cryptocurrency analyst has pointed out how a Dogecoin price level holds the cost basis of a notable amount of the memecoin, potentially making it a major support line. Dogecoin Traders Last Moved 28 Billion Tokens At $0.074 In a new UTXO Realized Price Distribution (URPD) of Dogecoin. This indicator tells us about the amount…
Legendary Dogecoin Breakout That Could Lead To 2,500% Rally To $2
Crypto analyst Hailey has predicted that Dogecoin could see a 2,500% rally to $2, based on a historical pattern. This comes as DOGE continues to trade below the psychological $0.10 level amid the U.S.-Iran war. Dogecoin Eyes 2,500% Rally If History Repeats Itself Crypto analyst Hailey said in an X post that Dogecoin could see…
Dogecoin Could 200% Rally If This Floor Holds, Analyst Says
An analyst has explained how Dogecoin falling to the lower level of a Parallel Channel could trigger a notable surge, should the support floor hold. Dogecoin May Have Been Moving Down A Parallel Channel Recently In a new Parallel Channel” from technical analysis (TA), which forms whenever an asset observes consolidation between two parallel trendlines.…
Analyst Says Ignore The Noise, Dogecoin Is Still In The Game, And This Is Why
Crypto analyst Cryptollica has provided a bullish outlook for Dogecoin, outlining several reasons why the meme coin is ‘still in the game.’ This comes amid DOGE’s reclaim of the psychological $0.10 level, with the foremost meme coin now targeting new highs. Analyst Explains Why Dogecoin’s Outlook Is Still Bullish In an X post, Cryptollica urged…
Dogecoin Surges 6% As Whales Scoop Up 470 Million DOGE
On-chain data shows Dogecoin whales have gone on a buying spree over the last few days, scooping up 470 million tokens of the memecoin. Dogecoin Has Seen A Rally Back Above $0.10 The cryptocurrency sector has kicked off the new week with a surge and Dogecoin has been no exception as the memecoin has reclaimed…