Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13285
Markets: 101961
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13285
Cryptocurrencies
62.63%
Bitcoin Share
CoinDesk 2025-05-21 09:11:59

DOGE Holds Bullish Structure as Whales Shed $40M Ahead of Possible Breakout

DOGE Holds Bullish Structure as Whales Shed $40M Ahead of Possible Breakout

Dogecoin has entered a critical consolidation phase below $0.26 resistance after experiencing an 18% drop since its May 10th local high, according to CoinDesk Research's technical analysis data model. Recent whale activity shows 170 million tokens worth over $40 million were shed in the past few days, potentially setting up for the next major breakout. Dogecoin's recent price action shows a clear bull flag pattern forming after its impressive rally that began in early April. Despite the current pullback, technical indicators suggest this could be a healthy consolidation before another leg up. Analysts point to a potential breakout within the next 7 days that could push DOGE toward $0.35-$0.45, representing a potential 52-114% gain from current levels. Technical Analysis Highlights DOGE exhibited strong bullish momentum, climbing from $0.222 to $0.228, forming an upward channel with significant support at $0.218-0.219. A key resistance zone emerged at $0.233-0.234, where profit-taking occurred despite strong volume. The final hour's sharp pullback from the day's high suggests potential consolidation ahead, though the underlying momentum remains positive with higher lows established throughout the period. DOGE experienced significant volatility with a sharp downward correction, falling from $0.233 to $0.227, representing a 2.57% decline. Multiple attempts to establish support occurred between $0.227-$0.228, with brief consolidation periods. External References " Dogecoin Price Prediction: One Break Above $0.230 Could Unleash a Full-Blown Meme Rally ", cryptonews, published May 18, 2025. " Dogecoin Momentum Fades – Analyst Expects $0.213 Retest ", NewsBTC, published May 21, 2025. " Dogecoin Chart Too Good To Ignore, Says Trader Eyeing Double", NewsBTC , published May 21, 2025.

Most Read News

Moralis Money
Market Cap
24h Vol
62.63%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.