• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: BREAKING: Saylor's Strategy Misses S&P 500 Inclusion, Robinhood Takes Spotlight
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: BREAKING: Saylor's Strategy Misses S&P 500 Inclusion, Robinhood Takes Spotlight
Dogecoin

Dogecoin Trading At Major Support: Why This Is The Right Time To Buy DOGE

Scott Matherson
by Scott Matherson
1 year ago
·
Posted in Dogecoin
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Technical analysis shows that Dogecoin (DOGE) may be set for an upside move after dropping to a major support level. This and other imminent bullish developments in the meme coin’s ecosystem suggest it may be the right time to invest in the crypto token. 

Time To Go Long On Dogecoin?

Crypto analyst BitLuxe revealed in an X (formerly Twitter) post that Dogecoin was trading near crucial support between $0.146 and $0.151. He then suggested that it may be time to go long on the foremost meme coin, although with a tight stop loss, possibly due to the uncertainty that is still in the market. 

Related Reading: Shiba Inu Burn Rate Crashes 99% After 18,000% Spike, What Happened?

Dogecoin

Source: X

BitLuxe advised traders to watch for bearish signs below this support zone. He added that the next support for Dogecoin is between $0.122 and $0.13. Meanwhile, for those who might long on DOGE, the crypto analyst mentioned that there is resistance between $0.168 and $0.173, which is something to note when setting a ‘take profit’ target. 

While also analyzing Dogecoin’s chart, crypto analyst Myles G remarked that the meme coin is about to experience a massive bounce-back. From the chart he shared, one could see that the analyst was hinting that DOGE would rise to as high as $0.23 soon enough. Myles G had also earlier predicted that the meme coin would rise to $0.26 on April 20, which happens to be DOGE Day. 

Meanwhile, in a more recent X post, Myles G again reaffirmed his bullish stance on Dogecoin, stating that there will be fireworks for the meme coin very soon. 

DOGE Still Has Bullish Momentum Ahead

Crypto analyst Yomi also recently laid out a bullish narrative for Dogecoin. The analyst mentioned that the meme coin is still “multiple weeks of upward price action away from achieving this bull market milestone.” He acknowledged that the current market downward trend has caused slight deviation but suggested another rally might be on the horizon. 

Related Reading: Ripple Sends Major Update To All XRP Users

Crypto analyst Altcoin Sherpa is another person who is also bullish on Dogecoin’s future trajectory and believes that the meme coin still has enough bullish momentum ahead. In a recent X post, he urged crypto investors to buy Dogecoin if it drops to $0.107 or around that price range. “This is going to do stupid #s later this year,” the analyst claimed. 

Altcoin Sherpa previously mentioned that Dogecoin could do “something silly like go to $1 this cycle eventually.” He also once remarked that the foremost meme coin still has a lot of firepower and alluded to Elon Musk’s support for Dogecoin as one of the factors that could drive its price to $1. 

At the time of writing, Dogecoin is trading around $0.155, down over 1% in the last 24 hours, according to data from CoinMarketCap.

Dogecoin price chart from Tradingview.com

DOGE price at $0.15 | Source: DOGEUSDT on Tradingview.com
Featured image from Corporate Finance Institute, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Scott Matherson

Scott Matherson

Follow

Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

Full Profile

Related Posts

Kolejny rajd dogecoina?

Kolejny rajd Dogecoina? Analiza trendów i nowe wyzwania dla rynku memecoinów w 2025 roku

2 hours ago
Dogecoin news Trump Jr

Trump Jr.-Linked Firm Targets Dogecoin Mining Crown With $50M War Chest

14 hours ago
Dogecoin

Dogecoin Whales Are Rapidly Dumping DOGE, Do They Know Something You Don’t?

23 hours ago
Dogecoin ETF news

First Dogecoin ETF ‘Coming Soon’: REX-Osprey Teases US Launch

1 day ago
Dogecoin crash

Dogecoin Price Crash Below $0.19 May Be Imminent If This Happens

3 days ago
TRUMP

Here’s How Much The TRUMP Meme Coin Will Be With The Market Cap Of Dogecoin

3 days ago

Premium Sponsors

Press Releases

  • minwer

    XRP Holders Can Earn $10,000 a Day Through COME...

    19 hours ago
  • BTC prices hit a two-week high, and holders flocked to GMO...

    19 hours ago
  • miner

    Cardano (ADA) Market Outlook: Long-term Potential Passive...

    20 hours ago
  • etnminer

    How to Play to Earn Crypto in 2025: Discover 6 Most...

    1 day ago
  • miner

    BAY Miner Cloud Mining App Launches with ETH and BTC Users...

    1 day ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.