Dogecoin surpasses $0.8, marking its highest value since July, driven by community enthusiasm for the upcoming launch of a physical Dogecoin to the Moon.Bakkt, a cryptocurrency firm, extends custodial support to include Shiba Inu and Dogecoin, contributing to the surge in Dogecoin's value.At present, DOGE is priced at $0.08350, reflecting a 3.50% increase in the last 24 hours.
Post April '23, Dogecoin broke $0.084 resistance, signaling success
Astrobotic, based in Pittsburgh, confirms inclusion of physical DOGE in DHL Moonbox via ULA's Vulcan Centaur Rocket.Increased Dogecoin activity on Robinhood (HOOD): 103 million DOGE transferred during a notable price surge.Dogecoin's recent market momentum tied to whale activities and lunar ambitions generates buzz.$0.08 resistance, aligning with July's peak, suggests anticipated consolidation before Dogecoin targets a $0.1 breakout.
Technical  View:
According to Coingabbar Price Analysis, Dogecoin, post-April 2023, successfully breaches the $0.08400 resistance zone, with sustained positive momentum stemming from a falling wedge breakout.The DOGE price experiences a noteworthy 47% surge in the last 30 days, surpassing both the 50-day and 200-day Exponential Moving Averages.Bullish indicators point to an imminent golden crossover event, highlighting the coin's growing positive momentum.The leading meme coin skyrockets above $0.8, triggered by a significant breakout from a crucial bullish pattern identified the previous week.A validated double-bottom pattern emerges as a key bullish signal, suggesting a potential 18% breakout, aiming for the $0.1 mark.
KEY LEVELS :
RESISTANCE LEVEL : $0.08600-$0.09000
SUPPORT LEVEL : $0.08200-$0.07900
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
$DOGE #Doge🦊 #DogecoinPrice #crypto2023 #DYOR. #etf

The price of Dogecoin is exhibiting a coiling pattern, indicating a potential movement towards the goal price of $0.100, which represents an estimated increase of 30% from its current valuation.
Although there exist several positive factors that support the upward movement of DOGE, it is important to acknowledge the presence of a supply barrier inside the price range of $0.076 and $0.080, which poses a significant challenge.
Confirmation of the continuance of the intermediate trend, so avoiding the bearish sentiment, would be established by a break and subsequent closure above the price level of $0.078.
The price surge of Dogecoin (DOGE) that started in mid-October has been noteworthy, propelling the meme currency with the highest market capitalization to heights not seen since August. Nevertheless, the potential for growth is currently at risk as the cryptocurrency encounters a significant obstacle in its supply, which will ultimately determine if DOGE achieves its aim of reaching $0.100 or not.
The upward trajectory of Dogecoin's price is currently facing potential challenges.
The price of Dogecoin (DOGE) is now exhibiting a positive trend, maintaining the upward trajectory that began on October 13th. The probability continues to be in favor of a positive outcome, except for the presence of a supply barrier ranging from $0.076 to $0.080. The present supply zone has a notable prevalence of assertive selling, indicating the potential for a price reversal until the impetus from buyers surpasses the prevailing selling pressure.
If there is a significant increase in purchasing pressure beyond the current levels, it is possible that the price of Dogecoin may enter the supply zone. The confirmation of the continuance of the daily uptrend (intermediate trend) in DOGE would be indicated by a decisive daily candlestick closure above the midline of this order block. If the price of the asset above the resistance level of $0.081 and maintains that position, it would indicate a bullish breakout in the supply zone, perhaps leading to further upward movement.
In an optimistic scenario, the price of Dogecoin has the potential to surpass the $0.085 threshold, followed by a potential move towards the psychological level of $0.090. The proposed action would result in an increase of 20% compared to the existing levels. In instances with significant ambition, the jump has the potential to extend towards the projected aim of $0.100, resulting in a 30% increase from the present value.
The Relative Strength Index (RSI) provides support for the current perspective, as its value of 63 indicates that there is still potential for further upward movement before the possibility of an overbought condition in DOGE becomes relevant.
Furthermore, it is worth noting that the Awesome Oscillator (AO) continues to maintain a predominantly positive position, exhibiting a consistent sequence of green histogram bars. This provides further evidence in support of the potential for increased positive outcomes.
The on-chain measurements of Dogecoin provide empirical evidence to substantiate a positive and optimistic perspective.
The behavior analytics platform Santiment presents many measures that support a positive mindset. To start, there is a notable rise in the amount of active stablecoin deposits and the market capitalization of Tether (USDT) stablecoin. This indicates an influx of new capital into the DOGE market. This phenomenon is further facilitated by the increasing open interest, as investors demonstrate a heightened inclination to capitalize on the potential gains associated with DOGE.

The prevalence of social dominance is increasing, evidenced by the growing proportion of DOGE mentions on social media platforms dedicated to cryptocurrency discussions, in comparison to a diverse selection of over 50 other cryptocurrencies.
Likewise, there is a discernible inclination among significant stakeholders to demonstrate interest in DOGE. There is an increasing trend in the volume of transactions using DOGE valued between $100,000 and $1,000,000. This development is expected to have a positive impact on the price of Dogecoin.

Significantly, there has been a notable growth in the volume of daily active addresses, indicating the quantity of distinct addresses engaged in daily transactions using DOGE. Given the increased level of audience engagement surrounding the meme cryptocurrency, it is anticipated that there will be a notable degree of volatility, with the likelihood of upward movement being more favorable.

On the other hand, in the event that the supply zone functions as a barrier of resistance, there is a possibility that the price of Dogecoin may decline, perhaps leading to a loss of support provided by the 200-day Exponential Moving Average (EMA) at a value of $0.068. In an extreme situation, it is possible for the decline to surpass the support level of $0.067 and subsequently evaluate the intersection of the 100-day and 50-day Exponential Moving Averages (EMA) at $0.066. The proposed action would indicate a decrease of 10% from the present values.
#DogeCoin #DogecoinPrice #elonMusk

Since yesterday, the price of Dogecoin has gone up about 10%. However, there are a lot of long positions on the futures market, which is something to keep an eye on.
After the rally, the dogecoin funding rate returns to very high levels.
Santiment, an on-chain analytics company, said that buyers of DOGE are betting that the price will keep going up because long bets are being started on the futures market.
The important number here is the "Binance funding rate," which shows how much Dogecoin futures contract users on Binance are trading with each other right now in terms of fees.
If this measure is positive, it means that investors who are long are paying more than investors who are short to keep their investments. A trend like this means that most people in the market are optimistic.
Related Reading: Bitcoin NVT Stays Bullish, Is This A Clear Sign For A Rally?
On the other hand, negative numbers show that people are generally bearish in the sector, since there are more short DOGE buyers than long ones right now.
Here is a graph that shows how the Dogecoin Binance funding rate has changed over the last month:
Based on the image above, the Dogecoin funding rate on Binance has recently become very positive since the price of the joke coin has gone up again.
Because of this, traders have jumped at the chance and are hoping that the price rise will continue. As more people bought futures contracts during this recent craze, the price of the asset kept going up, which suggests that these traders' bets have so far paid off.
However, if we look at the past, we can see that $DOGE has not done well when the market was heavily dominated for a long time. As you can see from the image, the last few weeks have seen similar jumps in the Binance funding rate and local highs in the cryptocurrency.
One reason for this trend might be that as more long bets are taken in the futures market, the chances of a long squeeze growing.
A "squeeze" is when a quick change in price causes a lot of people to sell their assets in a short amount of time. This chain of sales only makes the swing bigger, which either makes the rise or crash last longer, based on which side of the market is being hit the hardest.
Read also: Exchange Inflows Hit $1.2 Billion In The Last Month, A Bearish Sign for Bitcoin
When there are a lot of longs, it is easier for them to handle a flood of liquidations than it is for shorts. So, even though Dogecoin is currently moving quickly, any drop in price could cause a long squeeze, which could cause the asset to experience a big loss.
#Doge🦊 #DogecoinPrice #DogecoinUpdate

A widely followed crypto strategist thinks that top memecoin Dogecoin (DOGE) is gearing up for a steep move to the upside.
Pseudonymous analyst Kaleo tells his 601,600 followers on the social media platform X that DOGE will eventually follow in the footsteps of altcoins that have printed strong gains over the last few days.
According to the analyst, DOGE may consolidate in the short term before blasting off.
“Honestly though – look at how beautiful the USD chart is.
The way alts are starting to pop off, I find it hard to believe Dogecoin doesn’t see a squeeze out of its current range…
Not too much of a change from last night for Dogecoin. I’m prepared for a boring next few days before we really send if that’s what it takes.”

Looking at the trader’s chart, he seems to predict that DOGE will rally above $0.083 by November 13th, representing gains of over 12% from current prices in less than a week.
Kaleo says that his bullish stance on Dogecoin is supported by the price action of the Dogecoin versus Bitcoin (DOGE/BTC) chart. According to Kaleo, DOGE/BTC is now trading above a year-long diagonal resistance.
“DOGE/BTC pair has broken out.”

Based on the trader’s chart, he seems to predict that DOGE/BTC will soar to as high as 0.00000550 BTC ($0.19). At time of writing, the pair is trading for 0.00000209 BTC worth about $0.074.
⚠️Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#DogecoinPrice #Doge🦊 $DOGE

The current price of Dogecoin is undergoing its fourth endeavor to surpass the significant resistance level of $0.0786, with a specific target of $0.0850 in sight.
The potential for a 10% gain in DOGE's value is supported by optimistic on-chain indicators and heightened engagement from the public, particularly for this prominent meme-based cryptocurrency.
The bullish perspective will be invalidated when there is a definitive candlestick closure below the support level of $0.0675.
The price of Dogecoin (DOGE) exhibits resilience despite encountering repeated rejections from a significant supply barrier. The $0.0850 level continues to attract interest as it represents an appealing objective for the leading cryptocurrency in terms of trading volume.
Additionally, it is worth noting that the price of Dogecoin is exhibiting a pattern of consolidation, suggesting a potential upward movement of around 10%. This projection is supported by optimistic on-chain data, further reinforcing the positive sentiment surrounding the cryptocurrency.
The price of Dogecoin is anticipated to reach $0.0850 and is expected to achieve this target using whatever measures deemed necessary.
The price of Dogecoin (DOGE) has had a 7% increase subsequent to the breach of its fall at the $0.0722 support level during the three-day slump that occurred between November 12 and 14. The subsequent occurrence followed a denial from the median point of the supply zone, valued at $0.0786, which serves as a significant obstacle impeding the growth of DOGE.
Given the prevailing dominance of DOGE bulls, it is plausible that the price of Dogecoin may surmount the aforementioned obstacle, as seen by the increasing momentum indicated by the upward trajectory of the Relative Strength Index. The positive area of the Awesome Oscillator (AO) further strengthens the argument for an upward trend.
In order to establish a verified upward trend, it is necessary for the price of Dogecoin to surpass and successfully close above the resistance level of $0.0786. This achievement would result in a transformation of the supply zone, which ranges from $0.0767 to $0.0803, into a bullish breaker positioned above the resistance level of $0.0815. Not only would this facilitate the achievement of the $0.0850 objective, but it would also create opportunities for the dog-themed coin to venture into greater realms.
The onchain measures of Dogecoin provide empirical evidence to substantiate a positive and optimistic perspective.
The positive forecast is supported by several on-chain measures obtained from the behavior analytics platform Santiment. To start, there has been a notable surge in whale engagement, as seen by the escalating count of DOGE transactions occurring on the blockchain, valued at over $100,000 USD and over $1 million USD. This provides more support for the positive argument.

Providing further support for the optimistic argument, there is an observed upward trend in the number of daily active addresses associated with DOGE. This suggests that an increasing number of unique addresses are participating in transactions using DOGE, showing a higher level of engagement from a wider user base. When there is an increase in the Tether (USDT) stablecoin and a growing amount of active stablecoin deposits, it indicates that new participants are acquiring the asset with newly injected cash, hence influencing the price of Dogecoin.
#DogecoinPrice #DOGEProjections
In the event that the price of Dogecoin encounters another instance of resistance at the $0.0786 level, there is a possibility that the price may decline, perhaps breaching the support level of $0.0722. In a potentially unfavorable scenario, the price may go below the 25- and 50-day Exponential Moving Averages (EMA) at $0.0716 and $0.0685, respectively, leading to a potential challenge of the $0.0675 support level. Alternatively, it might even drop further to the 100-day EMA at $0.0673. This action would indicate a decline of 12%, so negating the prevailing optimistic perspective.

The price of Dogecoin is seeing selling pressure as it nears the significant resistance level of $0.0814.
The outcome for $DOGE #BULLS hinges on whether there is a definitive weekly candlestick closure above this particular threshold.
A profitable transaction has the potential to pave the way for a significant increase in value of the meme coin, resulting in a 20% surge to reach $0.083.
The price of #DogeCoin (DOGE) has recently deviated from its long-term dropping trend line, which has been indicative of a prevailing negative trend for approximately one year. The breakout, albeit of significant importance, must successfully overcome an additional crucial obstacle before DOGE may see substantial growth.
The price of Dogecoin is approaching a potential breakthrough.
The price of Dogecoin (DOGE) has exhibited a pattern of five consecutive lower highs and lower lows since October 31, 2022. By drawing a trend line that connects the highest points of the swings, it becomes evident that there is a downward trend in the resistance level. The weekly candlestick closure above the aforementioned barrier on October 23rd indicated a breakthrough in the case of DOGE.
The aforementioned occurrence holds significant importance for the price of Dogecoin, as it suggests the possibility of a reversal in the prevailing trend. However, a significant obstacle is there at the price level of $0.0707, which will determine if DOGE will stabilize and begin an upward trend. The attainment of a weekly candlestick closure over this threshold will initiate a 17% surge, resulting in a value of $0.0814.
The current upward trend is reinforced by the weekly Relative Strength Index (RSI), which has lately above the 50 mean levels, indicating an increase in bullish momentum. The successful removal of this obstacle will enable the #DogecoinPrice to reach the $0.106 threshold. This action would result in a fifty-one percent increase.
Conversely, in the event that the price of Dogecoin encounters resistance at the level of $0.0707, there is a potential for a significant downward correction. In order for the bullish thesis to be deemed invalid, it is necessary for DOGE to achieve a weekly candlestick closure below the price level of $0.0573. This particular scenario would result in the formation of a lower low, thus indicating the persistence of the ongoing downturn. In the event described, there is a possibility for the price of Dogecoin to see a decline of 16% and reach the support level of $0.0495.

A widely followed crypto trader is taking a deep dive into the exploding altcoin markets, starting with Dogecoin (DOGE).
Pseudonymous crypto analyst Rekt Capital tells his 364,700 followers on the social media platform X that DOGE’s weekly close will be the most important signal of what’s to come.
“That ‘buy-the-dip’ behavior we saw yesterday is looking like relief under key resistance
However, there has been no strong DOGE rejection & downside continuation
Most important signal is a Weekly Close above Channel Top to confirm a breakout.”
DOGE is worth $0.068 at time of writing, down 3.8% in the last week.
In his latest Altcoin Newsletter, the analyst lays out what’s next for top Ethereum (ETH) competitor Solana (SOL).
“Great performance from SOL.
But what’s next?
Historically, SOL has upside wicked and/or deviated beyond this purple region before rejecting and it looks like this time may be no different.
These historical rejections would precede downside into the bottom of the purple area, with scope for downside volatility below this area.
The green path outlines this propensity from SOL to upside and downside deviate inside this purple area.
Generally, this purple area is a range where SOL could enjoy a bout of consolidation before further upside, over time.”
SOL is trading for $40 at time of writing, up 23.5% in the last week.
Looking at Bitcoin (BTC) layer-2 project Stacks (STX), Rekt Capital foresees an imminent moment of truth.
“STX is following the green path perfectly, dipping into the orange dashed level for a retest.
Downside wicking below this point is possible as part of a volatile retest (e.g. wicking to $0.56), but generally STX needs to hold here to maintain bullish bias.
Moment of truth.”
STX is worth $0.654 at time of writing, up 5.7% in the last 24 hours.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#DogecoinPrice #Solana📈🚀🌐 $DOGE $SOL