Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ALTCOIN NEWS»Dogecoin price rises 8.2% in one day. Are there any new predictions on the way?
ALTCOIN NEWS

Dogecoin price rises 8.2% in one day. Are there any new predictions on the way?

By Crypto FlexsDecember 19, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Dogecoin price rises 8.2% in one day.  Are there any new predictions on the way?
Share
Facebook Twitter LinkedIn Pinterest Email

reporter

Posted on: December 19, 2023


  • DOGE has a short-term bearish bias on its price chart.
  • The recovery in the $0.086 area was encouraging as it showed that the bulls are still in the fight.

Dogecoin (DOGE) recently saw its momentum turn bearish after selling pressure pushed the price down to the $0.086 support zone. However, Bitcoin (BTC) recovered overnight and asset prices rebounded across markets.

AMBCrypto reported the performance of meme coins in 2023 and noted that DOGE has shown signs of short-term bearish sentiment in the futures market. Can the bulls reverse these developments soon?

The November high was reviewed as support.

Dogecoin is up 8.2% in one day, so where is it headed next?Dogecoin is up 8.2% in one day, so where is it headed next?

Source: DOGE/USDT on TradingView

A look at the 12-hour price chart shows that a bearish market structure has developed. The RSI then fell to 41.5, indicating a change in momentum.

However, OBV stubbornly held on to the support levels it defended throughout December.

In mid-November, DOGE price reached the $0.085 region. It was a strong resistance level at the time and plummeted to $0.07. Buyers have since breached this and tested again with the support area highlighted in turquoise.

On December 18, prices in this area fell once again, but then rose immediately. This showed buyer strength, but the price was now at lower resistance at $0.0928.

The increase in active addresses was encouraging.

Dogecoin is up 8.2% in one day, so where is it headed next?Dogecoin is up 8.2% in one day, so where is it headed next?

Source: Santiment

The number of active addresses has been increasing since mid-November. This indicates increased user engagement and increased demand for DOGE. The indicator was near a three-month high at the time of going to press.


Is your portfolio green? Check out the DOGE Profit Calculator


Social volume was strong in early December but has since declined. However, it was higher than in October and the first half of November.

The dormant circulation saw a big surge on December 12 when the price reached $0.097. This meant increased token movement and was a sign of a surge in sales activity, while the price fell, reinforcing this idea.

Disclaimer: The information presented does not constitute financial, investment, trading, or any other type of advice and is solely the opinion of the author.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Arca EXEC writes a scratch on Circle after IPO

June 6, 2025

Trump is a magical Eden encryption wallet tie, Trump coin deep 13%

June 5, 2025

Using BCC mining increases daily passive income of $ 57,700

June 5, 2025
Add A Comment

Comments are closed.

Recent Posts

Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

June 6, 2025

COREWEAVE is a NVIDIA GB200 Super Chip that achieves recorded MLPERF benchmarks.

June 6, 2025

Bitcoin dives for less than $ 102K in fading momentum and macroscopic uncertainty.

June 6, 2025

Arca EXEC writes a scratch on Circle after IPO

June 6, 2025

The robot of 1x Technologies aims to revolutionize ordinary work with AI.

June 5, 2025

Trump is a magical Eden encryption wallet tie, Trump coin deep 13%

June 5, 2025

Bitcoin prices slide again, causing new fear of deeper modifications.

June 5, 2025

The Ether Leeum Foundation summarizes a comprehensive financial policy.

June 5, 2025

Using BCC mining increases daily passive income of $ 57,700

June 5, 2025

Ray for the square and scalable AI solutions and RAG pipelines on all scale

June 5, 2025

Economist Henrik Zeberg says that Altcoins is trying to start an explosive stage and updates Outlook and Under-The Radar Crypto for Dogwifhat.

June 5, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

June 6, 2025

COREWEAVE is a NVIDIA GB200 Super Chip that achieves recorded MLPERF benchmarks.

June 6, 2025

Bitcoin dives for less than $ 102K in fading momentum and macroscopic uncertainty.

June 6, 2025
Most Popular

Suins start the RFP program to promote ecosystem development.

February 25, 2025

Ethereum price faces a new surge barrier. Can the bulls prevail?

November 18, 2024

Celestia slides 11%, but these traders enter TIA. why?

May 25, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.