Dogecoin price, a major meme-based altcoin, has seen a significant surge recently, becoming one of the top-performing cryptocurrencies. The digital asset has defied prevailing market trends, steadily gaining traction and drawing widespread attention for its remarkable rally.
Dogecoin Price Resets: MVRV Indicator Suggests
The MVRV (Market Value to Realized Value) ratio is a key metric in cryptocurrency analysis. It compares an asset’s market capitalization to its realized capitalization, offering insights into whether it is overvalued or undervalued. A positive MVRV ratio suggests holders’ profit, while a negative value indicates unrealized losses.
The Dogecoin reveals that its MVRV has recently dropped to zero, signifying that unrealized profits have vanished. Historically, this scenario often precedes a reduced likelihood of further price declines. Instead, a price recovery or bounce becomes more probable. If the MVRV dips further, reaching the -10% to -20% range, it typically signals a prime accumulation zone for long-term holders.
Technically, Dogecoin’s price action aligns with this trend, suggesting a potential rally toward the coveted $1 target. With unrealized profits erased and a low probability of another crash, DOGE’s next move may hinge on increased buying pressure and favorable market conditions.
Source- Santiment
DOGE Technical Analysis: Dogecoin Price Ready to Tag $1
The meme-based coin appears poised for a significant rally, with technical indicators and market sentiment signaling a possible move toward $1. At the time of writing, the DOGE price is hovering at $0.144, with as strong surge of 8% in the past 24-hours.
The Relative Strength Index (RSI) reinforces this optimistic outlook. Currently, at 66, RSI remains elevated, reflecting strong buying interest, although it has dipped slightly from overbought levels.
Bitcoin’s recent rally hovering above $97k could further bolster Dogecoin’s bullish prospects. Altcoins, including DOGE, have mirrored Bitcoin’s price action during bullish phases. Bitcoin’s ability to sustain its upward trend will likely support broader market sentiment, adding to Dogecoin’s potential surge.
A key resistance level lies near $0.50, which, if breached, could open the path toward the psychological $1 mark. However, an invalidation of this bullish scenario would occur if DOGE price prediction breaks below its support zone at $0.30, potentially triggering a deeper correction.
Dogecoin Price Chart: X
Dogecoin’s price is on an upward trajectory, gaining attention with bullish indicators and renewed market optimism. Analysts predict the meme coin’s next breakout could target the coveted $1 milestone.

Disclamation: Recommendations, suggestions, views given by the crypto experts. It’s not financial advice. You must do your own research before investing crypto markets. Crypto Wolf is always trying to share valuable news for trading, staking, investing after our own research. Information source trading view, Coin market cap and crypto experts analysis post.

#Dogecoin‬⁩ #Dogecoin‬⁩ #doge⚡ #DOGENEWS #Dogecoin2024 #ElonMuskUpdates

Futures trading involves using leverage to amplify your position in the market, potentially increasing both profit and risk. Let’s calculate your profit for trading COS/USDT based on the given details:
Given Details:
Price of COS: $0.015Initial Amount: $14.50Margin (Collateral): $4.99Leverage: 3x (isolated margin)
Position Size:
Using 3x leverage, the effective position size becomes:
Position Size=Margin×Leverage=4.99×3=14.97 USD.
Profit Calculation:
The profit depends on the percentage change in COS's price and the leverage applied. For example:
1. If COS increases by 10%:
Price rises from $0.015 to $0.0165.Profit is calculated as:
Profit=Position Size×Percentage Change
=14.97×0.10=1.497 USD.
2. If COS increases by 20%:
Price rises from $0.015 to $0.018.Profit:
14.97×0.20=2.994 USD.
Summary of Profit (3x Leverage):
10% Price Increase: Profit = $1.5020% Price Increase: Profit = $3.0050% Price Increase: Profit = $7.50
Risks:
Losses are also amplified with leverage. If the price of COS drops significantly, you could lose your margin amount of $4.99.Always use stop-loss orders to limit potential losses.
Futures trading offers high rewards but carries equally high risks. Manage your position carefully and track the market closely.
$COS
$CELO
$CELR
#COS #CryptoNewss #BNB⁩ #BTC☀️ #DOGENEWS

Dogecoin (DOGE) is experiencing bullish momentum in the futures market, trading around $0.437 as of December 2024, with recent increases of over 4% in 24 hours and a notable 177% gain in the past month. Key factors include:
1. Support and Resistance Levels:
Support: Strong support is observed around $0.425, with $0.32 identified as a critical fallback zone if there is a retracement.Resistance: DOGE is targeting the $0.50 level, with potential to move toward $0.80 if this resistance is broken sustainably​.
2. Market Sentiment:
Technical indicators suggest neutral to bullish sentiment. Oscillators and moving averages are in a mixed state, but bullish signals dominate long-term projections​.
3. Volume and Momentum:
Trading volumes are significantly high, reflecting strong interest, with monthly trends indicating continued upward momentum fueled by market speculation and social media narratives
4. Strategic Entry:
Traders are advised to consider key zones like $0.33 for long positions post-potential stop-loss hunts. A breakout above $0.465 may confirm a rally continuation​
For successful futures trading, monitor these levels and stay updated on broader market conditions and any macroeconomic news impacting cryptocurrency trends. Always manage risk effectively in this volatile market.

$FIO
$TROY
$DOGE
#bullrun2024📈📈 #CryptoNewss #DOGENEWS #CryptoDailyInsight #BTC☀️

The launch of the MEME, the ecosystem’s token, was undoubtedly been one of the most highly-anticipated events in 2023. Despite the project’s claim of having no utility, roadmap, promises, or financial return expectations, MEME garnered significant attention.
The Memecoin official website launched on June 10, kicking off its token launch process. This event resulted in a remarkable 365% surge in Memeland’s NFT trading activity.
$BTC
The community’s first chance at getting some MEME came in late October, with Memeland’s Fire Sale selling over $10 million in the first hour. MEME’s all-time high reached $0.04 on 15 November, 3,900% above its initial price of $0.001 at launch.

#memes #bnb #DOGENEWS #doge⚡ #Hamster