DOGE Price Analysis: Dogecoin Bulls Defend 16 Cent Support Amid Elon Musk’s X Payments Speculation

DOGE Price Analysis: Dogecoin Bulls Defend 16 Cent Support Amid Elon Musk’s X Payments Speculation

Dogecoin is showing fresh signs of strength after rebounding 17% from weekend lows, with strong buying pressure defending the critical $0.16 support zone. The bounce comes as geopolitical tensions and macroeconomic uncertainty continue to weigh on markets, yet DOGE appears to be building a higher low structure that could set the stage for further upside.News BackgroundThe broader crypto market has been rocked by escalating global tensions and un…

Dogecoin (DOGE) Eyes Upside, Yet $0.20 Remains Out of Reach for Now - Overpasses For America

Dogecoin started a fresh increase above the $0.1550 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.1680. DOGE price started a fresh increase above the $0.150 and $0.1550 levels. The price is trading above the $0.160 level and the 100-hourly simple moving average. There is a key rising channel forming with resistance at $0.1680 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price …

Dogecoin Builds Accumulation Base as Analysts Eye Bull Phase Return: Can DOGE Pump?

Dogecoin bounces back from the $0.145 low and forms a V-shape in the $0.162-$0.167 region. According to Wyckoff accumulation theory, buying interest is indicated by changes in character patterns. The historical 2024 breakout hit $0.48 following a comparable accumulating phase. Dogecoin has established an accumulation base following a sharp recovery from recent lows, with technical analysts identifying patterns that historically precede major pri…

Dogecoin Army Reaffirms Elon Musk as DOGE Evangelist

Tesla CEO maintains his high reputation within DOGE community

Analyst Says Time for Bulls to Rule as Dogecoin Price Eyes 214.6% Pump

Dogecoin forms an accumulation base as historical chart patterns align, and an analyst suggests it's time for bulls to rule. Dogecoin has recently shown signs of recovery after a brief decline. Between June 20 and June 23, the asset dropped steadily, reaching just above $0.145. However, the price rebounded sharply, forming a V-shaped recovery pattern. By June 26, Dogecoin had stabilized in the $0.162 to $0.167 range. While the asset now trades s…

Dogecoin Bulls Defend 16 Cent Support as Elon Musk’s X Payments Speculations Loom

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX,... The post Dogecoin Bulls Defend 16 Cent Support as Elon Musk’s X Payments Speculations Loom appeared first on Daily Tru…