Dogecoin DOGE experienced sharp swings over the past 24 hours, initially surging to 20 cents before falling to 19.1 cents, representing a 6.63% range.

The meme coin formed a V-shaped recovery pattern late in the session, climbing back to $0.192 with rising volume, though resistance remains firm around just above 20 cents.

News Background

• Dogecoin’s latest price action comes amid renewed interest in meme tokens following a series of crypto market shake-ups.
• Speculation around a possible DOGE ETF has gained traction, with Polymarket data indicating a 51% chance of SEC approval in 2025 — a development that could inject institutional capital into the market.
• Meanwhile, Dogecoin’s integration with Coinbase’s Base network is adding functional value, introducing wrapped DOGE into DeFi ecosystems for the first time on a large scale.
• The meme coin’s ability to draw high-volume support near key levels suggests that institutional buyers may be quietly building positions, even as retail traders remain cautious.

Technical Analysis Breakdown

• DOGE surged from $0.196 to $0.204 (4.08%), then reversed sharply to $0.191 (6.63% range).

• Resistance confirmed at $0.203–$0.204 after three rejections on heavy volume (>1B units at 07:00).

• Support formed at $0.192, with brief rebounds from this level despite weakness.

• Final hour drop from $0.192 to $0.190 followed by a quick V-shaped recovery to $0.192.

• Accumulation signs emerged with volume increasing past 2.3M in final minutes.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。