Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
Dogecoin Price Drop Signals Potential Major Crash
Dogecoin Faces Possible Price Drop
74% Of Bitcoin Stays Put For 6 Months As Investors Bet On Long-Term Value Despite Price Drop
Bitcoin Price Drops Below $58,000 After Reaching Daily Peak
Whales Buy PEPE Coin Despite Price Drop
Dogecoin Faces Ongoing Price Drop
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Sep / 06
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- Dogecoin Price Drop Signals Potential Major Crash
- Sep 06, 2024 at 05:14 pm CryptoTicker ENG
- Over the past year, Dogecoin's value has plummeted, leaving investors uncertain and anxious. With a 24-hour trading volume of $46.16 billion, DOGE currently trades at $0.09762 and has a market capitalization of $14.23 billion. The market's inability to stabilize above $0.1, a crucial psychological threshold, has fueled the downturn, amplifying the impact of Dogecoin's wider market difficulties and sluggish momentum. The currency's inability to overcome moving average resistances, particularly the 200-day EMA, suggests a weak long-term outlook, raising concerns about the likelihood of a near-term recovery. Despite a 54% increase in value over the prior year, Dogecoin's path to a consistent recovery remains cloudy, as it remains heavily under the influence of unfavorable market conditions and has underperformed Bitcoin.
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Aug / 23
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- Dogecoin Faces Possible Price Drop
- Aug 23, 2024 at 08:04 pm BH NEWS
- Dogecoin Faces Potential Price Decline Dogecoin (DOGE) has remained range-bound since August 8, encountering resistance at $0.11 and support at $0.09....
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Aug / 19
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- 74% Of Bitcoin Stays Put For 6 Months As Investors Bet On Long-Term Value Despite Price Drop
- Aug 19, 2024 at 05:43 pm InsideBitcoin News
- Over 74% of Bitcoin (BTC) has remained dormant for more than six months, indicating a growing trend among investors to perceive BTC as a long-term store of value. This surge in dormant BTC follows a recent report by Glassnode that just 45% of BTC's supply had been inactive for at least six months, further highlighting the shift in investor sentiment.
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Aug / 16
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- Bitcoin Price Drops Below $58,000 After Reaching Daily Peak
- Aug 16, 2024 at 04:24 am COINTURK NEWS
- Bitcoin's price has plunged below $58,000 after hitting its daily peak, dragging altcoins down with it. LUNA Coin, still reeling from the 2022 collapse, faces ongoing losses and legal challenges. Despite finding support, Bitcoin's decline suggests continued buyer interest, while PEPE Coin remains optimistic with the potential to reach new highs.
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- Whales Buy PEPE Coin Despite Price Drop
- Aug 16, 2024 at 12:04 am COINTURK NEWS
- Amidst the recent market decline, "whales," or large investors, are reportedly accumulating PEPE Coin. Despite a 4.24% price drop in the past 24 hours, whales have shown increased activity, with a 192% surge in large address transactions over the past 48 hours and whale orders worth $2.6 million currently present in exchange order books. This accumulation behavior suggests the potential for a future price recovery if bulls regain market control.
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Aug / 03
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- Dogecoin Faces Ongoing Price Drop
- Aug 03, 2024 at 02:44 am BH NEWS
- Dogecoin (DOGE) has faced a persistent decline in its market value, falling below the $0.12 threshold. This downtrend has raised concerns among investors, as price resistance at $0.11 and $0.12-$0.13 poses significant barriers to recovery. Key support levels at $0.11 could provide buying opportunities, while selling pressure could push the price down to $0.09. A potential golden cross formation on the daily chart suggests a possible trend reversal, but investors should monitor key levels and market indicators for crucial insights.
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Jul / 24
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- Dogecoin Shows Potential Recovery Signs Despite Recent Price Drop
- Jul 24, 2024 at 04:36 pm COINTURK NEWS
- Despite a recent price decline, Dogecoin exhibits signs of potential recovery. Technical indicators, including the bullish MACD and neutral RSI, suggest a consolidation phase. Analysts like Altcoin Sherpa remain cautiously optimistic, citing Fibonacci retracement levels for key support and resistance points. High trading volume and a market cap of $19.2 billion indicate active trading and investor interest, positioning Dogecoin as the 8th largest cryptocurrency.
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Jul / 18
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- Shiba Inu Faces Price Drop Despite Recent Gains
- Jul 18, 2024 at 10:46 pm COINTURK NEWS
- Shiba Inu's (SHIB) recent price surge has been met with a 4.5% decline over the past 24 hours, coinciding with a downturn in active accounts and daily transactions on the Shibarium network. While the broader memecoin market has also faced losses, positive indicators such as reduced selling pressure and progress in Shibarium's development suggest a potential resurgence for SHIB in the future.
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Jul / 12
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- Dogecoin Faces Potential Price Drop
- Jul 12, 2024 at 08:31 pm COINTURK NEWS
- Dogecoin (DOGE) faces a potential price drop due to a descending channel formation and technical indicators signaling a bearish outlook. A bear flag formation suggests an 18% decline to $0.085, while key support levels of $0.103 and $0.091 are crucial to monitor. Bitcoin's movements and broader market trends influence DOGE's price, and recent selling pressure in the crypto market has contributed to its decline. Despite a reduction in Open Interest, investors remain optimistic, with 74% holding long positions, and on-chain data indicates 73% of investors are in profit.
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Jul / 08
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- PEPE Price Drops as Bears Take Control Amid Market Crash
- Jul 08, 2024 at 06:04 pm TheNewsCrypto
- PEPE, a prominent frog-themed memecoin, has suffered a significant price decline of 10.20% within the past 24 hours. This drop coincides with the ongoing market downturn, which has also impacted other memecoins. Despite the short-term price decline, PEPE's year-to-date (YTD) value has witnessed a substantial 546.15% increase, and analysts remain optimistic about its long-term prospects.
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