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The Dogecoin price jumped 6% in the last 24 hours to trade at $0.3454 as of 02:10 a.m. EST on trading volume that surged 104% to $3.8 billion. This comes as Elon Musk praised President-elect Donald Trump for his support of the formation of the Department of Government Efficiency (DOGE). Just wanted to express appreciation for President @realDonaldTrump and so many people, both inside & outside of government, supporting @DOGE. I am confident that the American people will be happy with the outcome. — Elon Musk (@elonmusk) January 13, 2025 Dogecoin Price Gears Up For A Bullish Rally The DOGE price has consolidated between the $0.30-$0.46 range, with a support zone around $0.30.  The Dogecoin price Analysis on the 1-day timeframe also shows rejection from the $0.46 resistance, forming a double-top-like structure, indicating a potential reversal. For now, DOGE is attempting to hold above its 50-day Simple Moving Average (SMA), situated at $0.3718, while the 200-day...

Dogecoin (DOGE) has experienced significant success in its 11-year history. The asset’s price skyrocketed during the 2021 bull run. Early investors made millions of dollars in profit with minimal investments. DOGE’s price witnessed another price spike earlier this year after Donald Trump won the US Presidential election. Let’s see how you can become a millionaire with the memecoin by 2030. Also Read: Top 3 Cryptocurrencies To Watch For New Year 2025 Dogecoin’s Price Projections For 2030 Source: Watcher Guru According to Changelly analysts, DOGE will continue to rally over the next few years. The platform anticipates the asset to hit a potential maximum price of $1.47 in 2030. Hitting $1.47 from current price levels will entail a rally of about 374.19%. Source: Changelly Telegaon, on the other hand, presents a far more bullish outlook for DOGE. The platform anticipates DOGE to breach the $18 mark by 2030. According to the platform’s analysts, DOGE will trade...

Cryptocurrency analyst and trader Ali Martinez is leaning bullish on the largest memecoin by market cap. Martinez tells his 73,200 followers on the social media platform X that the Moving Average Convergence/Divergence (MACD), an indicator used to determine the strength and direction of a trend, is potentially forming a bullish crossover on the weekly chart of Dogecoin (DOGE). The crypto analyst and trader says, “The last two times Dogecoin DOGE had a MACD bullish crossover on the weekly chart, it rallied 90% and 180%, respectively.” Source: Ali Martinez/X Martinez further says that the Dogecoin network is recording “significant growth” with the number of new addresses going up by double digits in a week. “Over the past week, there’s been a 72% increase in new DOGE addresses, and just yesterday alone, 19,630 new DOGE addresses were created!” Source: Ali Martinez/X Dogecoin is trading at $0.105 at time of writing. Next up is Bitc...

The Bitcoin market encountered resistance of around $64,000, but buyers succeeded in holding the price above the short-term holder’s realised price, which is approximately $62,000—a positive indicator. On September 20, Bitcoin touched $64,000, but the bulls could not sustain these levels, signalling that the bears are still actively selling during rallies near key resistance areas. CryptoQuant analyst Avocado_onchain noted that the short-term holder (STH) realised price, representing the average purchase price of investors who have held Bitcoin for less than 155 days, is close to $62,000. The STH serves as a crucial support level during upward trends, so if buyers can maintain this level during pullbacks, Bitcoin may have the potential for further gains. Crypto market data daily view. Source:  Coin360 Another positive for the buyers is that the institutional investors have reduced their Bitcoin shorting, according to CryptoQuant founder Ki Young Ju...

The Bitcoin market made a notable recovery from its intraday low, and the ability to sustain these gains will be crucial in determining if the bulls and dip buyers are prepared to push for a significant trend reversal. For August, the US consumer price index increased by 0.2%, matching forecasts, yet risky assets responded unfavourably. Initially, the S&P 500 Index (SPX) dropped over 1.5%, but it has since bounced back and is now showing positive movement. Similarly, Bitcoin, which had briefly fallen to around $55,500, has climbed back to exceed $57,500, indicating robust buying interest at lower levels. Looking ahead, the next significant catalyst for risky assets could be a potential interest rate cut by the US Federal Reserve during its meeting on September 18. The CME Group’s FedWatch Tool suggests an 85% chance of a 25-basis point reduction. Crypto market data daily view. Source:  Coin360 Bitcoin’s recovery above $58,000 on Sept. 9 seems to have imp...

Dogecoin (DOGE) remains a significant player in the cryptocurrency market, boasting a market capitalization of approximately $15.50 billion and a 24-hour trading volume around $513.03 million. Ranked #9 on CoinMarketCap, DOGE is currently trading near $0.105, reflecting ongoing interest from the crypto community. DOGE Key Statistics Current Price: $0.105 Market Cap: $15.50 billion Trading Volume (24h): $513.03 million Circulating Supply: 145.64 billion DOGE Total Supply: 145.64 billion DOGE CoinMarketCap Ranking: #9 Over the past 30 days, Dogecoin has surged by 31.73% from its lowest point, and in the last 7 days, it has gained 8.84%. This upward movement highlights the growing confidence among investors and the overall positive momentum surrounding Dogecoin. DOGE/USD Market Analysis Key Levels: Resistance: $0.106, $0.109, $0.115 Support: $0.102, $0.095, $0.080 DOGEUSD -Daily Chart DOGE/USD is currently facing resistance at $0.106. The Bollinger Bands suggest ...

As the cryptocurrency market gears up for another potential bull run, investors are eagerly searching for the next big opportunity. While the market is filled with countless coins and tokens, three cryptocurrencies stand out as top contenders for achieving a 10X return during the upcoming bull market: Solana ( SOL ), Aptos ( APT ), and Dogecoin (DOGE). Solana (SOL)  Source – CoinCentral Despite the current market downturn, Solana is trading at $130.87, down 6.21% in the past 24 hours, and many experts believe that Solana has the potential to skyrocket during the next bull run. One of the key factors contributing to Solana ’s potential for explosive growth is its ability to process thousands of transactions per second, making it an attractive option for developers and users alike. Additionally, the platform’s recent update and growing meme coin sector could push it higher. Also read: Binance Launches Megadrop: An Airdrops and Web3 Quests Platform ...

In a recent press conference, billionaire entrepreneur Elon Musk confirmed that Tesla will soon enable Dogecoin (DOGE) payments. However, Musk did not provide a specific timeline for the integration. Speaking at the ‘We Are Giga’ event in Texas, Musk openly expressed his support for Dogecoin. He exclaimed “Dogecoin to the moon” to a cheering crowd of hundreds. This public endorsement has reignited interest in the meme-inspired cryptocurrency. This has led many investors and enthusiasts to eagerly anticipate the potential impact of Tesla’s adoption. Also read: Dogecoin : Elon Musk’s Tesla To Enable DOGE Payments JUST IN: Elon Musk says Tesla will enable $DOGE payments "at some point, Dogecoin to the moon." pic.twitter.com/nZaLhXlvgL — Watcher.Guru (@WatcherGuru) March 14, 2024 Dogecoin’s Price Surge and Historical Volatility Following the news of a possible DOGE incorporation by Tesla, Dogecoin experienced a signi...

Dogecoin (DOGE) is currently one of the best-performing crypto projects in the market. The popular dog-themed crypto has risen 3.6% over the previous 24 hours and 15.2% in the weekly charts. The project has overtaken Cardano (ADA) to become the 8th largest crypto by market cap. Source: CoinGecko According to the data from IntoTheBlock, the number of Dogecoin (DOGE) holders in profit has increased by 17.99%. Currently, 57% of holders are in profit, while 40% are at a loss and 3% are even. Also Read: Elon Musk To Enable Dogecoin Payments in Twitter’s X? Furthermore, DOGE has also seen a 10% rise in its open interest (OI). According to CoinGlass, futures open interest for DOGE surpassed $500 million for the first time since April 2023. At press time, DOGE OI stood at $512.71 million. Source: CoinGlass Will Dogecoin continue its rally through the summer? Source: Pymnts.com DOGE’s current rally may be attributed to Elon Musk’s Twitter making a transition to X. M...