Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jul / 09
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- Dogecoin (DOGE) Open Interest Drops as Price Holds Above $0.10: Can It Sustain Without the Hype?
- Jul 09, 2024 at 09:00 pm The Bit Journal
- The progressive decline in Dogecoin's (DOGE) Open Interest reflects a waning market interest, as evidenced by an $80% drop to $2.51 billion since June 8th. This corresponds with the coin's 30% value depreciation, propelling futures traders toward short positions, as indicated by a negative funding rate of -0.026%. Despite these bearish indicators, DOGE's Chaikin Money Flow (CMF) remains positive, hinting at potential recovery, though uncertainty prevails.
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Jul / 08
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- Dogecoin (DOGE) Open Interest Drops, Price Stable Above $0.10
- Jul 08, 2024 at 07:29 pm BeInCrypto
- Amid Dogecoin's (DOGE) price decline, its derivatives market has been negatively affected. As of now, DOGE's total open interest has dropped to its lowest since January, at $2.51 billion. Open interest indicates outstanding futures/options contracts that haven't been settled, and its decline signals a decrease in market activity.
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Jul / 06
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- Will DOGE hit $0.125? Bulls back to support Dogecoin
- Jul 06, 2024 at 10:29 pm Todayq News
- Amidst a market resurgence on July 6, 2024, Dogecoin (DOGE) surged over 8%, bolstered by a significant increase in long positions and a bullish doji candle formation. DOGE's price surge coincides with a 4% rise in open interest, indicating growing investor confidence, and is likely to target the $0.128 resistance level, coinciding with the 200-day EMA.
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- Dogecoin Regains $0.1 Support Despite Whales Dump 500M DOGE
- Jul 06, 2024 at 05:14 pm Coingape News Media
- Despite a whale selloff that saw over 500 million DOGE transferred to exchanges, Dogecoin has rebounded, regaining its $0.1 support level with a 15% increase. Significant transactions identified by Whale Alert show 370 million DOGE transferred to Binance and 137 million DOGE sent to Robinhood, fueling speculation that the whales sold in response to the market downturn to mitigate losses.
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Jul / 05
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- Dogecoin Liquidations Surge as DOGE Hits $0.10: Should You Buy the Dip?
- Jul 05, 2024 at 09:19 pm Crypto News Flash
- Amidst the market downturn, Dogecoin (DOGE) has witnessed a surge in liquidations, with a 98% increase to $11.15 million within 24 hours. The rise in liquidations stems from DOGE's price decline to $0.10, leading investors to contemplate whether to capitalize on the downturn. Despite the price drop, Daily Active Addresses (DAA) have declined by -58.32%, indicating a divergence between price and network activity. However, a price recovery towards $0.12 is possible with increased buying pressure. The decision to purchase DOGE warrants careful consideration of both short-term and long-term factors, with analysts predicting a potential rise to $2 based on past performance.
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- Dogecoin liquidations spike as DOGE hits $0.10: What will happen now?
- Jul 05, 2024 at 01:04 pm AMBCrypto
- Liquidation data shows that long positions in the cryptocurrency market have experienced significant losses, with Dogecoin (DOGE) seeing over $5 million in long liquidations in the past 24 hours. Despite the price decline, a positive price-DAA divergence suggests a potential buying opportunity, with network activity outpacing price movement and indicating a possible trend reversal.
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- Dogecoin Faces Crucial Test at $0.1184 Support Amid Profit-Taking Pressure
- Jul 05, 2024 at 12:19 am Crypto News Flash
- Amidst the market downturn, Dogecoin (DOGE) faces an 8% decline within 24 hours, registering $5 million in liquidations. Despite the drop, analysts predict a potential rally to $1 based on the Elliott Wave theory.
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Jul / 04
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- Dogecoin Price Prediction: Rebound or Continued Slide Below $0.1?
- Jul 04, 2024 at 06:14 pm Coingape News Media
- Dogecoin (DOGE) has witnessed a significant decline, falling below the $0.12 support level. Trading volume has surged by 113%, indicating increased trader activity amid heightened bearish pressure. DOGE has declined by 7% in the past week and 30% in the last 30 days, mirroring broader market volatility. Technical indicators suggest potential price shifts, including oversold conditions (RSI) and a possible bearish crossover (MACD). The future price outlook remains uncertain, with a potential drop to $0.10 or a recovery above $0.12 based on market sentiment and dynamics.
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Jun / 29
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- Bitcoin (BTC) Can Hit $75,000, Here's How, Another XRP Reversal Attempt, Dogecoin (DOGE) to Test out $0.13 Again, But There's Catch
- Jun 29, 2024 at 08:39 am U_Today
- Bitcoin has witnessed a substantial drop after reaching $71,000, but indicators suggest a possible trend reversal. Support levels, the 200-day moving average, and sustained interest at lower prices indicate a potential rebound. XRP is attempting to break a descending trend, while Dogecoin faces a test at the $0.13 level, supported by the 200-day EMA and potential for upward momentum.
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Jun / 26
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- Dogecoin Price Analysis: Will DOGE Reclaim $0.15 Before June End?
- Jun 26, 2024 at 04:20 am Coingape News Media
- Dogecoin (DOGE) has broken out of its correction trend, with a strong surge of 7.3% today. The altcoin market has found support in Bitcoin's recent rebound, resulting in a relief rally. Dogecoin, in particular, has formed a reversal pattern, breaking out of a flag pattern and double bottom formation. If this trend continues, DOGE is expected to surge by 10%, targeting the $0.14 resistance level.
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