Dogecoin (DOGE) is at a critical support level following the market downturn. The cryptocurrency is in a crucial area, which is a demand zone. The outcome of thisDogecoin (DOGE) is at a critical support level following the market downturn. The cryptocurrency is in a crucial area, which is a demand zone. The outcome of this

Dogecoin (DOGE) Breaks Below Key Levels With Possible Upside Toward $0.18

Dogecoin (DOGE) is at a critical support level following the market downturn. The cryptocurrency is in a crucial area, which is a demand zone. The outcome of this region will indicate whether there will be a temporary relief for Dogecoin. However, investors should be cautious about potential pullbacks.

At press time, DOGE is trading at $0.1221, with a 24-hour trading volume of $2.02 billion and a market capitalization of $20.48 billion. Over the last 24 hours, DOGE has dropped 3.76%, signaling a short-term setback after recent market fluctuations.

image.pngSource: CoinMarketCap

Dogecoin Tests Critical Demand Zone

A well-known crypto analyst, BitGuru, pointed out that DOGE has undergone a major correction and is currently poised near a critical demand zone between $0.12 and $0.13, where the existing liquidity has been absorbed.

image.pngSource: X

As explained by the analyst, crossing above $0.15-$0.16 could potentially open the way for recovery to $0.18 and above, giving hope to all who are closely following Dogecoin. On the other side, failure to do so may cause DOGE to be in a state of prolonged consolidation.

Also Read | Dogecoin Eyes Next 900% Rally as Cycles Repeat, Key Support Holds

Dogecoin Recovery Depends On Key Signals

Commenting on the potential risks, More Crypto Online’s analysis warned of potential pressure on Dogecoin downwards. According to the analyst, until a conclusive sign emerges to suggest the correction has reached a bear-market low, the levels of $0.096 and $0.08 would need to be closely observed. Only when a micro 5-wave breakout is confirmed would a worthwhile recovery be anticipated.

image.pngSource: X

Analysts have observed that the current trends affecting Dogecoin prices are influenced by overall market trends in the cryptocurrency market, including Bitcoin and Ethereum value.

Although DOGE has managed to grab market attention because of its extreme volatility and social media-fueled hype, analysts have advised taking a close look at critical support-resistance levels to predict future rebounds or dips.

With trading of DOGE close to key supports, the next few days are set to be critical in deciding whether the asset will be able to continue its recovery or progress further through its corrective cycle. Investors and enthusiasts are urged to keep a close watch on the $0.12-$0.13 area.

Also Read | Dogecoin Eyes Major Breakout: Will $0.12 Hold or Trigger Deep Sell-Off?

Piyasa Fırsatı
DOGE Logosu
DOGE Fiyatı(DOGE)
$0.12277
$0.12277$0.12277
+0.52%
USD
DOGE (DOGE) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Momentum Check: Can XDC Network Charge Back to Its Recent Highs, or Is a Pullback in Play?

Momentum Check: Can XDC Network Charge Back to Its Recent Highs, or Is a Pullback in Play?

The crypto market’s prolonged bearish fear is gaining more traction day by day, which has pulled down the total market cap toward $2.95 trillion. Meanwhile, most
Paylaş
Thenewscrypto2025/12/27 15:21
Ondo Plans Tokenized U.S. Stocks and ETFs on Solana in 2026 After Low-Slippage Tests

Ondo Plans Tokenized U.S. Stocks and ETFs on Solana in 2026 After Low-Slippage Tests

The post Ondo Plans Tokenized U.S. Stocks and ETFs on Solana in 2026 After Low-Slippage Tests appeared on BitcoinEthereumNews.com. Ondo Finance plans to launch
Paylaş
BitcoinEthereumNews2025/12/27 19:39
Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple!

Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple!

Buterin unveils Ethereum’s strategy to tackle quantum security challenges ahead. Ethereum focuses on simplifying architecture while boosting security for users. Ethereum’s market stability grows as Buterin’s roadmap gains investor confidence. Ethereum founder Vitalik Buterin has unveiled his long-term vision for the blockchain, focusing on making Ethereum quantum-secure while maintaining its simplicity for users. Buterin presented his roadmap at the Japanese Developer Conference, and splits the future of Ethereum into three phases: short-term, mid-term, and long-term. Buterin’s most ambitious goal for Ethereum is to safeguard the blockchain against the threats posed by quantum computing.  The danger of such future developments is that the future may call into question the cryptographic security of most blockchain systems, and Ethereum will be able to remain ahead thanks to more sophisticated mathematical techniques to ensure the safety and integrity of its protocols. Buterin is committed to ensuring that Ethereum evolves in a way that not only meets today’s security challenges but also prepares for the unknowns of tomorrow. Also Read: Ethereum Giant The Ether Machine Takes Major Step Toward Going Public! However, in spite of such high ambitions, Buterin insisted that Ethereum also needed to simplify its architecture. An important aspect of this vision is to remove unnecessary complexity and make Ethereum more accessible and maintainable without losing its strong security capabilities. Security and simplicity form the core of Buterin’s strategy, as they guarantee that the users of Ethereum experience both security and smooth processes. Focus on Speed and Efficiency in the Short-Term In the short term, Buterin aims to enhance Ethereum’s transaction efficiency, a crucial step toward improving scalability and reducing transaction costs. These advantages are attributed to the fact that, within the mid-term, Ethereum is planning to enhance the speed of transactions in layer-2 networks. According to Butterin, this is part of Ethereum’s expansion, particularly because there is still more need to use blockchain technology to date. The other important aspect of Ethereum’s development is the layer-2 solutions. Buterin supports an approach in which the layer-2 networks are dependent on layer-1 to perform some essential tasks like data security, proof, and censorship resistance. This will enable the layer-2 systems of Ethereum to be concerned with verifying and sequencing transactions, which will improve the overall speed and efficiency of the network. Ethereum’s Market Stability Reflects Confidence in Long-Term Strategy Ethereum’s market performance has remained solid, with the cryptocurrency holding steady above $4,000. Currently priced at $4,492.15, Ethereum has experienced a slight 0.93% increase over the last 24 hours, while its trading volume surged by 8.72%, reaching $34.14 billion. These figures point to growing investor confidence in Ethereum’s long-term vision. The crypto community remains optimistic about Ethereum’s future, with many predicting the price could rise to $5,500 by mid-October. Buterin’s clear, forward-thinking strategy continues to build trust in Ethereum as one of the most secure and scalable blockchain platforms in the market. Also Read: Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? The post Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple! appeared first on 36Crypto.
Paylaş
Coinstats2025/09/18 01:22