Dogecoin Community Exploration

Discover the deeper value of dogecoin and the latest developments of dogecoin whales.

Dogecoin Long Positions Dominate Binance as Traders Bet on Growth Dogecoin Slumps 10% Amid Bitcoin's Slide to $96K, $560M Long Positions Liquidated Dogecoin’s Price Outlook: Traders Cautioned Against Long Positions Amidst Consolidation

Jan / 01
- Dogecoin Long Positions Dominate Binance as Traders Bet on Growth
  
  Jan 01, 1970 at 08:00 am CFN
  
  Dogecoin's bullish trader sentiment is evident in the surge of long positions, with 81.05% of open positions held long on Binance. Despite recent price fluctuations, positive funding rates and the limited liquidation of long positions indicate traders' confidence in Dogecoin's growth potential.
- Dogecoin Slumps 10% Amid Bitcoin's Slide to $96K, $560M Long Positions Liquidated
  
  Jan 01, 1970 at 08:00 am CoinDesk
  
  Amidst a surge in U.S. treasury yields, Dogecoin (DOGE) has taken the lead in a downturn among major cryptocurrencies. This decline, triggered by fresh economic data, has also impacted Solana, Cardano, BNB Chain, Ethereum, and Bitcoin. Liquidations of crypto-tracked futures indicate a high level of risk, while U.S. stocks also experienced losses. Market observers view the drop as a temporary setback, citing previous bullish trends and the incoming crypto-friendly U.S. administration. However, QCP Capital warns of continued volatility in January due to structural risks, including the reinstatement of the U.S. Treasury debt ceiling.
- Dogecoin’s Price Outlook: Traders Cautioned Against Long Positions Amidst Consolidation
  
  Jan 01, 1970 at 08:00 am Crypto News Flash
  
  Dogecoin's value has witnessed a 12% decline, currently trading at $0.142. Despite the drop, strong support at $0.11 is seen as a potential barrier against further decline. Short-term price predictions anticipate trading within a range of $0.12-$0.15, with a potential surge if resistance at $0.16 is breached. On-chain data indicates healthy demand and accumulation at lower levels, while development activity and large whale purchases suggest growing confidence. Market sentiment is varied, with some traders expressing bullish outlooks while others anticipate price movement within a narrow range.