Dogecoin’s price has taken a hit recently, dropping 23% over the past ten days. Currently trading near the $0.300 level, the meme coin faces critical resistance and support challenges, raising questions about its next big move.
The Big Picture
Recent Performance: $DOGE surged 366% from October to early December, marking a strong rally. However, buyers have recently booked profits, leading to a 32% drop from December highs.Current Status: Trading at $0.315, Dogecoin is down by 5.32% over the past 24 hours, with a market cap of $46.58 billion and a 24-hour trading volume of $2.54 billion.
Will Another Bull Run Ignite?
Crypto analyst Tradigrade shared insights on DOGE's pattern, suggesting the price may experience another bull run. According to his analysis, DOGE has completed a three-year accumulation phase and could be gearing up for a new upward trend.

Key Levels to Watch
Support Zone: The $0.300 mark is critical. If DOGE defends this level, it could signal a potential rebound.Resistance Levels: Breaking above the 20-day EMA is crucial for bullish momentum. Sustaining above it might lead to new all-time highs.Downside Risks: A dip below $0.300 could push the price to the 200-day EMA, sparking further selling pressure.
What’s Next for DOGE?
If buyers step in and DOGE maintains key support levels, the coin could see another bullish rally. However, breaking below critical thresholds could delay recovery efforts and create panic among traders.
Dogecoin remains a strong contender in the meme coin market, and its trajectory will largely depend on how it performs around these pivotal levels.

Note: Analysis and chart reflect data trends as of December 26, 2024

#Dogecoin #memecoin #crypto #CryptoNews #TheCoinRepublic

Dogecoin ($DOGE ) is buzzing with whale activity, strategic trading patterns, and potential ecosystem upgrades. Here’s a breakdown of what’s happening and why DOGE could be primed for a major rally.
🐋 Whales Acquire 270M DOGE: A Bullish Signal?
In the last 96 hours, whales have purchased a whopping 270 million DOGE, suggesting heightened activity and a potential rebound in price.
Historical Trends: Whale acquisitions often precede rallies, reflecting their influence in sparking bullish momentum.Price Impact: These large-scale trades typically amplify market activity, potentially catalyzing a broader uptrend.
📊 The Power of Three (PO3) Pattern in Play
DOGE’s daily chart indicates alignment with the Power of Three (PO3) strategy, a trading framework with three key phases:
Accumulation: Observed in early November as DOGE price stabilized, signaling quiet buying.Manipulation: Mid-December brought abrupt price swings, likely aimed at shaking out weaker holders.Distribution: This phase is anticipated to follow, potentially leading to a rally toward the $1 mark if historical trends repeat.
Key Insight:
With speculative targets as high as $1, DOGE’s current cycle mirrors past bullish patterns, making this a pivotal period for investors.

🌟 Market Sentiment and Smart Money Moves
Smart Money Sentiment: Positive at 1.42, suggesting seasoned investors are optimistic.Crowd Sentiment: Slightly bearish at -0.32, indicating cautious general sentiment.
This divergence highlights growing confidence among experienced investors, who may drive the next wave of momentum.
🔮 Will DOGE Complete Its Bullish Cycle?
With whale activity, PO3 alignment, and ecosystem upgrades on the horizon, $DOGE has a strong case for a bullish breakout. However, sustaining momentum will depend on broader market conditions and investor sentiment.
📈 Key Levels to Watch
Support: $0.08Resistance: $0.15, $1
Do you think DOGE can reach $1 soon? Drop your thoughts below!
#DOGECOİN #Dogeprice #CryptoNews #CryptoRally #TheCoinRepublic

The synthetic dollar protocol Ethena ($ENA ) faced turbulence as whales initiated massive sell-offs, triggering a 10% drop in price. With market volatility on the rise, here’s a detailed breakdown of the situation and potential outcomes for ENA investors.
Current Market Status:
Price: $0.9189 (-10% intraday)
24H Range: $0.9219 - $1.04
Monthly Performance: +48% gains
Key Developments:
1. Whale Activity:
Lookonchain Data: Over 3.36M ENA tokens ($3.17M) were offloaded to Binance by whale addresses (0x886b.., 0xbB22..).
Arthur Hayes Action: Former BitMEX CEO reportedly unstaked and dumped 7M ENA on Binance, exacerbating the sell pressure.
2. Market Sentiment:
Signs of panic selling as traders opt for a risk-averse approach, impacting short-term price stability.
Broader market downturn amplifies the bearish sentiment for $ENA .
Outlook & Key Levels to Watch:
1. Support Levels:
Immediate Support: $0.90
Critical Support: $0.85
2. Resistance Levels:
Immediate Resistance: $0.95
Breakout Resistance: $1.00
3. Bullish Scenario:
A recovery above $1.00 could attract buyers and signal a potential reversal, targeting $1.10.
4. Bearish Scenario:
Failure to hold above $0.90 may lead to further downside toward $0.85 and potentially $0.80.
Investor Strategy:
Short-Term Traders: Monitor whale activity and volume indicators. Consider stops near $0.90.
Long-Term Investors: Focus on accumulation zones if the price stabilizes above $0.85.
Stay updated as $ENA navigates this volatile phase. Watch for any significant on-chain movements or announcements that could impact sentiment.
#ENA #CryptoNews #CryptoTrading #EthenaUpdate