Elon Musk continues to wield immense influence in the cryptocurrency market, with recent developments driving significant gains for Dogecoin (DOGE) and Bitcoin (BTC). Since the U.S. presidential election earlier this month, Musk’s crypto advocacy has taken a more prominent role, coinciding with policy shifts and market optimism.
Dogecoin on the Rise
Dogecoin, which Musk has previously dubbed the “people’s crypto,” saw a sharp spike of 15% recently. This increase aligns with Musk’s appointment to lead the Department of Government Efficiency (DOGE) under Donald Trump’s administration. The department’s acronym, viewed as a nod to Dogecoin, symbolizes Musk’s indirect support for the token. DOGE has now climbed over 150% since the election, reaching a market cap of $63 billion, surpassing some major corporations【27】【28】【29】.
Bitcoin Hits Record Highs
Bitcoin also saw a surge, nearing an unprecedented $92,000 per coin. This growth is attributed to increasing institutional adoption, Musk’s public statements, and anticipated regulatory reforms that aim to position the U.S. as a leader in the crypto space. These reforms, driven by Trump’s pro-crypto policies, are expected to encourage more widespread acceptance and investment in cryptocurrencies【28】【29】.
What’s Next for Crypto Markets?
While Dogecoin and Bitcoin dominate headlines, the broader crypto market has surpassed a $3 trillion valuation. Analysts suggest that this could signal the start of a “golden era” for cryptocurrencies, spurred by favorable legislation and high-profile endorsements like Musk’s. However, experts caution investors to remain vigilant about market volatility.
As Musk’s influence continues to shape the market, investors are closely watching his moves to anticipate the next major trends in the cryptocurrency landscape.

#Dogecoinnews

🚀 #Dogecoinnews Eyes Massive Rally: Analyst Predicts $1 to $3 in Cup-and-Handle Breakout! 🐕💸
Dogecoin is back in the spotlight, with analyst MikybullCrypto forecasting a parabolic rally. If the breakout above $0.193 holds, DOGE could surge toward the $1-$3 range, driven by its classic cup-and-handle formation and strong technicals.


Key Highlights:
🔹 Cup-and-Handle Breakout: DOGE’s chart signals bullish continuation.
🔹 Fibonacci Targets: Mid-term target at $1.67, long-term at $4.36.
🔹 Support Levels: $0.10 and $0.193 remain critical for sustained momentum.
Why It Matters:
In 2020, $DOGE RSI breakout above 70 led to a 16,000% rally. Now, the same pattern is unfolding, suggesting history might repeat itself. The 50 EMA at $0.276 and 200 EMA at $0.187 confirm a strong uptrend, despite RSI signaling possible short-term consolidation.
What’s Next?
If DOGE holds above $0.35, a move toward $0.50 or higher could be imminent. Break $1, and we’re looking at meme coin mania 2.0! 🌕
#DOGE #CryptoBullRun #CPI_BTC_Watch #FibonacciTargets

Dogecoin Price Prediction 2025, 2030: Will DOGE Lead Meme Coins?
Dogecoin Soars 23%, Surpassing XRP in Market Cap as Bullish Momentum Grows
Dogecoin ($DOGE ) continues its upward climb, achieving a remarkable 23% surge today, which propelled its market value above well-known competitors like USDC and XRP.
This surge has moved DOGE into the position of the sixth-largest cryptocurrency by market cap, with a valuation of over $42.25 billion-surpassing USDC’s $36.98 billion and XRP’s $33.36 billion. Speculation around Elon Musk’s possible (involvement) in the Trump administration has further fueled interest in (DOGE), contributing to the bullish sentiment.
DOGE Rebounds 259% from August Lows, Signals Bullish Trend
Today’s impressive gains are part of a broader 259% recovery from DOGE’s August 5 lows, when the price (hovered) around $0.080. This rebound led to the formation of a golden cross on DOGE’s daily chart, a bullish indicator that signals a potential long-term uptrend. A golden! cross occurs when the 50-day moving average (MA) crosses above the 200-day MA, marking a shift in momentum.
Golden Cross Breaks Key Resistance in U-Shaped Recovery Pattern
On November 6, DOGE’s price achieved a breakout above the neckline of a U-shaped recovery pattern at $0.228, further reinforcing the bullish trend. The golden cross pattern confirmed the price movement, suggesting sustained upward momentum. The U-shaped pattern reflects a period of gradual recovery after a decline, where selling pressure ""subsides, allowing buyers to re-enter the market.
Weekly Chart Shows Bullish Breakout from Cup and Handle Pattern
DOGE’s weekly chart highlights a massive green candle breaking out from the neckline of a cup and handle formation at $0.228. This pattern starts with ''a rounded “cup” shape as the price gradually recovers from a downtrend, followed by a “handle” indicating brief consolidation before a bullish breakout. This technical setup is often a reliable indicator of further upward price movement, with, bullish sentiment building as DOGE continues its rise.
Dogecoin Price Prediction 2025.
Based on the cup and handle pattern on the chart, analysts predict a bullish trend for Dogecoin by 2025. If DOGE sustains its breakout, it could target key (resistance) levels at $0.4500 and $0.5700, with potential Dogecoin to reach $1.00 by the end of 2025. Positive market sentiment and strong buying pressure are crucial for this growth, though price fluctuations are likely as DOGE navigates resistance levels along the way.Dogecoin Price Prediction 2030
Looking toward 2030, Dogecoin's price could see substantial growth if adoption and market conditions remain favorable. Analysts suggest that, in an"" optimistic scenario, DOGE could reach between $1.00 and $5.00 by 2030. Market sentiment, adoption, and regulatory developments will play key roles in determining DOGE’s long-term price trajectory

#BTCBreaks84k #Dogecoinnews #DogecoinPriceSurge #AltCoinRush #PensionCryptoShift

Dogecoin whales accumulated more than 300M DOGE amid a bullish market, indicating that the meme coin's price could hit $0.4 ahead.
Dogecoin Whales Accumulation Rises Sparking Market Optimedia.
According to the data revealed by blockchain tracking platform Whale Alert on November 11, Dogecoin whales sacked 311 million coins from crypto exchanges over the past day. Per the data, the whale address DGm..dUB withdrew 200 million coins, worth $56.38 million, from the crypto exchange Binance. Further, the whale address DGG..X5S bagged 111 million coins, worth $30 million, from the crypto trading division of Robinhood. Overall, these massive accumulations, underscoring increased market confidence in the asset, set off bullish sentiments for the token across the broader industry.

Simultaneously, on-chain data by the tracker also revealed that a dormant DOGE whale woke up after roughly 11 years of dormancy, adding to the intrigue surrounding the asset’s performance. However, it’s also noteworthy that whale data spotlighted considerable whale dumps for the same token today. Notably, on-chain data flagged 98 million coins dumped to Binance & Robinhood via a series of two whale transactions recently, which also rationalizes why Dogecoin price fell sharply for a brief moment today.

Can Doge Price Hit $0.4?
Nevertheless, the massive accumulations have undermined the dumps, fueling an optimistic market sentiment for the meme coin among investors. At the time of reporting, DOGE price traded at $0.2793, up nearly 21% over the past day. The token’s 24-hour low and high were $0.2288 and $0.3011, respectively. The crypto’s rising price action aligns with the significant buying pressure brought by the Dogecoin whale accumulations mentioned above.
Moreover, the dog-themed meme coin’s intraday trading volume soared 222% to $18.60 billion, underlining increased trader interest in the asset. Coupled with the massive accumulations mentioned above, this stat projects a bullish outlook for the meme coin. Also, the weekly chart underscored 84% gains for the crypto, flagging a bull run.

Simultaneously, a recent Dogecoin price analysis by CoinGape Media indicates that wallets holding between 100 million and 1 billion coins have significantly increased their accumulation. This data further flags increased market confidence in the asset. Moreover, the analysis draws attention toward a cup and handle pattern on the price chart, accounting for a 53% potential surge ahead. This could aid the token in hitting the much-awaited $0.4 price level, aligning with the increased buying pressure in the market.

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 online media.
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