• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Dogecoin Price Falls 9% amid Rising Trade Volumes

user avatar

by Giorgi Kostiuk

2 months ago


The Dogecoin price decreased by 9% to $0.3605 as trading volume increased by 75%, reaching $9.6 billion.

DOGE Chart Analysis

Dogecoin's 4-hour chart shows a rounded bottom pattern, indicating a potential bullish reversal. After reaching $0.40, the price consolidated around $0.36. It fell below the 50-period SMA, suggesting short-term bearish momentum, but the 200-period SMA remains a strong support. The RSI stands at 42.21, reflecting a loss of bullish momentum.

Can DOGE Reach $0.45?

Following a strong rally, Dogecoin is in a consolidation phase. If DOGE holds above the 200-period SMA, it might trigger another upward movement aiming at $0.40, and potential breakout to $0.45. If it falls below $0.3455, the next support comes near $0.34.

Flockerz Presale Update

Flockerz is nearing the $12 million mark in its ICO, featuring a vote-to-earn mechanism and a staking yield of 261% annually. Participants can purchase FLOCK tokens using BNB, ETH, USDT, or a bank card.

Dogecoin's price decline and increased trading volume may indicate a market sentiment shift, while projects like Flockerz continue to attract investor interest.

0

Share

Other news

Galaxy Digital Expands in the UK with FCA Approval

Galaxy Digital secures FCA approval to expand operations in the UK, strengthening its position in the digital asset market.

user avatarGiorgi Kostiuk

5 minutes ago

Top Meme Coins of 2025: Just a Chill Guy, Book of Meme, and a Stealth Presale

2025 is set to be a significant year for meme coins like Just a Chill Guy, Book of Meme, and the upcoming Troller Cat presale.

user avatarGiorgi Kostiuk

5 minutes ago

The Potential of MAGACOINFINANCE: Insights and Expectations

MAGACOINFINANCE captures crypto community attention with game-changing potential for 2025.

user avatarGiorgi Kostiuk

15 minutes ago

Binance Confirms FDUSD Security after Temporary De-Pegging

Binance reviews FDUSD reserves amid TRX founder's allegations. Insight into conflict and price stabilization.

user avatarGiorgi Kostiuk

16 minutes ago

Why Peter Schiff Created a Bitcoin Reserve and Accepts Donations

Peter Schiff now accepts Bitcoin donations for a reserve valued under $5,000, sparking discussions.

user avatarGiorgi Kostiuk

24 minutes ago

Superchain Interoperability: A New Era of Blockchain Technology

Superchain addresses blockchain fragmentation, enabling seamless data and asset chain interoperability.

user avatarGiorgi Kostiuk

24 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.