Dogecoin News Today: Is DOGE Facing a 90% Drop After the Death Cross or Poised for a Surge from $0.22?
- Dogecoin (DOGE) has fallen 36% from its September peak to $0.1981, with technical indicators signaling a potential death cross and prolonged bearish momentum. - Whale selling of 2 billion DOGE ($400M) and weak ETF performance highlight structural challenges, as DOGE's 1.5% expense ratio deters investors compared to XRP's stronger adoption. - Analysts warn of a possible 90% drop to $0.0052 if support breaks, though a rebound above $0.22 could trigger a 53% recovery to $0.31 amid heightened market volatili
Dogecoin at a Crossroads: After Plunging 36%, Is There More Downside Ahead?
Dogecoin (DOGE) has tumbled 36% from its September peak and is currently trading at $0.1981, raising investor fears of further declines. Technical analysis points to sustained bearish momentum, with DOGE approaching crucial support zones and possibly forming a death cross—a bearish indicator where the 50-day exponential moving average (EMA) falls below the 200-day EMA, as highlighted in a
The weekly chart displays a bearish flag, with prices dropping between $0.4838 and $0.1295, indicating increased risk. Large holders have intensified selling, unloading 2 billion DOGE—valued at over $400 million—within two days, as reported by
Launched in September with $30.7 million in assets, the DOGE ETF has experienced flat inflows, falling short of the $100 million-plus seen by its
Technical experts point to the impending death cross as a pivotal event. Although such signals lag behind price action, they often reinforce negative sentiment, particularly in a market that has already lost 65% since December’s $0.48 high, as per a
Despite the bleak outlook, some analysts believe oversold conditions could attract value-seeking buyers. DOGE is hovering near $0.20, with support at $0.19 and resistance at $0.22, BeInCrypto noted. A move above $0.22 could shift momentum upward, targeting $0.26 and potentially $0.31—a 53% recovery. However, failing to maintain key support could lead to an extended decline.
The SEC’s recent approval of broad listing rules has sped up crypto ETF launches, but DOGE’s weak performance highlights ongoing challenges. While XRP and DOGE ETFs saw $54.7 million in combined opening volume, a
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Emerging Prospects in EdTech and AI-Powered Learning Systems: Ways Educational Institutions Are Transforming Programs and Enhancing Student Achievement
- AI is transforming education by reshaping curricula, enhancing student engagement, and optimizing institutional efficiency. - Universities like Florida and ASU integrate AI literacy across disciplines, offering microcredentials and fostering innovation. - AI tools like Georgia Tech’s Jill Watson and Sydney’s Smart Sparrow boost performance and engagement through personalized learning. - AI streamlines administrative tasks but faces challenges like ethical misuse and skill gaps, requiring structured train
Anthropological Perspectives on Technology and Their Impact on Education and Workforce Preparedness for the Future
- Interdisciplinary STEM/STEAM education integrates technology tools like AI and VR to bridge theory and real-world skills, driven by $163B global edtech growth. - U.S. faces 411,500 STEM teacher shortages and 28% female workforce representation gaps, prompting equity-focused programs like Girls Who Code. - STEM occupations earn $103K median wages (vs. $48K non-STEM), with 10.4% job growth projected through 2033, driving investor opportunities in edtech and workforce alignment. - Strategic investments in t
The Revival of Educational Technology in Higher Education After the Pandemic
- Global EdTech market grows to $7.3T by 2025, driven by hybrid learning and AI/AR/VR adoption in higher education. - Institutions like MIT and Harvard integrate AI across disciplines, boosting enrollment and workforce alignment through $350M-$500M investments. - EdTech platforms enabling personalized learning and immersive experiences see rising demand, with 45% annual growth in AI-related programs since 2020. - Undervalued EdTech stocks offer investment opportunities as $16B+ VC funding accelerates innov
Navigating the Fluctuations of AI Tokens: Insights Gained from the ChainOpera AI Downturn
- ChainOpera AI's (COAI) 2025 token crash from $44.90 to $0.52 highlights systemic risks in AI-driven crypto projects due to centralized governance and regulatory ambiguity. - The CLARITY Act's regulatory framework created short-term volatility while exposing fragility in AI-linked tokens like algorithmic stablecoins xUSD and deUSD. - Investors must prioritize diversification, technical due diligence (e.g., EY six-pillar model), and compliance tools to mitigate risks in volatile AI crypto markets. - Succes
Trending news
MoreCrypto prices
More
