Wednesday, July 30, 2025
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Alt Coins Dogecoin

Dogecoin (DOGE) Forms Ascending Channel on 4-Hour Chart: Key Technical Levels for Traders | Flash News Detail

cryptonews100_tggfrn by cryptonews100_tggfrn
June 14, 2025
in Dogecoin
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!


Dogecoin (DOGE) has been capturing the eye of cryptocurrency merchants because it reveals a transparent technical sample on the 4-hour (H4) chart. In keeping with a latest evaluation shared by Dealer Tardigrade on social media, DOGE is at the moment transferring inside an Ascending Channel, a bullish formation that implies potential upward momentum if the sample holds. As of June 14, 2025, on the time of the put up round 10:00 AM UTC, the evaluation highlighted that the value has made two distinct touches on each the higher and decrease boundaries of the channel. This sample, usually indicative of a continuation pattern, has sparked curiosity amongst merchants wanting for breakout alternatives. On the time of the statement, DOGE was buying and selling at roughly 0.145 USD towards USDT on main exchanges like Binance, reflecting a 3.2 % improve over the prior 24 hours, as per information from CoinMarketCap. This worth motion aligns with broader market sentiment, the place meme cash have seen renewed curiosity amid a recovering crypto market following a unstable first half of 2025. The buying and selling quantity for DOGE spiked by 18 % to over 1.2 billion USD within the final 24 hours as of 12:00 PM UTC on June 14, 2025, indicating robust retail and institutional participation. This surge in quantity, mixed with the technical setup, positions DOGE as a key asset to observe for short-term buying and selling methods.

The implications of this Ascending Channel for DOGE merchants are important, significantly when contemplating cross-market dynamics. If the value breaks above the higher boundary of the channel, at the moment close to 0.150 USD as of June 14, 2025, at 1:00 PM UTC, it may sign a bullish breakout with a possible goal of 0.165 USD, primarily based on the channel’s peak projection. Conversely, a rejection on the higher boundary or a breakdown under the decrease trendline, round 0.138 USD, may result in a retracement towards key help ranges close to 0.130 USD. Traders also needs to monitor DOGE’s correlation with Bitcoin (BTC), which stays a dominant driver of altcoin worth motion. As of two:00 PM UTC on June 14, 2025, BTC was buying and selling at 68,500 USD on Binance, up 1.5 %, exhibiting a constructive correlation with DOGE’s 3.2 % achieve. Moreover, DOGE’s buying and selling quantity towards BTC pairs on exchanges like Binance noticed a ten % improve to fifteen,000 BTC within the final 24 hours, suggesting rising curiosity in altcoin-BTC rotations. From a inventory market perspective, the latest stability in tech-heavy indices just like the NASDAQ, up 0.8 % as of June 13, 2025, at market shut, might not directly bolster risk-on sentiment in crypto markets, probably driving extra capital into meme cash like DOGE.

Related articles

Why is XRP One of the Biggest Losers in Crypto this Week?

July 30, 2025

Dogecoin (DOGE) Daily Candle Forms Spinning Top Pattern, Indicating Potential Reversal – Technical Analysis for Traders | Flash News Detail

July 30, 2025

Diving into technical indicators, DOGE’s Relative Power Index (RSI) on the H4 chart stands at 58 as of three:00 PM UTC on June 14, 2025, indicating the asset is neither overbought nor oversold, leaving room for additional upside. The Shifting Common Convergence Divergence (MACD) reveals a bullish crossover, with the sign line crossing above the MACD line at 11:00 AM UTC on June 14, 2025, reinforcing the potential for a breakout. On-chain metrics additional help this outlook, with Dogecoin’s transaction quantity reaching 1.5 million transactions within the final 24 hours as of 4:00 PM UTC, a 12 % improve in accordance with information from CoinGecko. Giant holder netflows, tracked through IntoTheBlock, present a 5 % improve in accumulation by wallets holding over 1 million DOGE as of the identical timestamp, hinting at confidence amongst whales. Concerning stock-crypto correlations, institutional cash stream into crypto-related shares like Coinbase (COIN), which rose 2.1 % to 225 USD on June 13, 2025, at market shut, displays rising curiosity in digital property. This might translate to larger DOGE volumes if threat urge for food continues to align with fairness market developments. Traders ought to stay vigilant for sudden shifts in sentiment, particularly if Bitcoin faces resistance at 70,000 USD, because it may drag DOGE decrease. For now, the Ascending Channel presents a transparent framework for setting entry and exit factors, with stop-losses really useful under 0.135 USD to handle draw back threat as of June 14, 2025, at 5:00 PM UTC.

FAQ Part:
What’s an Ascending Channel in cryptocurrency buying and selling?
An Ascending Channel is a bullish technical sample characterised by larger highs and better lows, forming parallel trendlines that slope upward. For Dogecoin, as noticed on June 14, 2025, this sample on the H4 chart suggests potential continuation of the uptrend if the value breaks above the higher boundary.

How ought to merchants strategy DOGE’s present worth motion?
Traders can take into account lengthy positions if DOGE breaks above 0.150 USD with robust quantity affirmation, focusing on 0.165 USD. Alternatively, a breakdown under 0.138 USD may sign a brief alternative towards 0.130 USD. All the time use stop-losses to handle threat, as market circumstances can shift quickly, as seen with DOGE’s volatility on June 14, 2025.



Source link

Tags: 4hourAscendingChannelChartDetailDOGEDogecoinflashFormskeylevelsNewstechnicaltraders
Share76Tweet47
Drive and walk to earn crypto!

Related Posts

Why is XRP One of the Biggest Losers in Crypto this Week?

by cryptonews100_tggfrn
July 30, 2025
0

Key takeaways:XRP (XRP) has been one of the worst-performing high cryptocurrencies this previous seven days, dropping as little as 13.50%,...

Dogecoin (DOGE) Daily Candle Forms Spinning Top Pattern, Indicating Potential Reversal – Technical Analysis for Traders | Flash News Detail

by cryptonews100_tggfrn
July 30, 2025
0

Dogecoin merchants are buzzing with anticipation following a key technical sign on the day by day chart. In response to...

XRP Beats Bitcoin, Satoshi Nakamoto Now $130 Billion Whale, 18,120,000,000 Dogecoin in 24 Hours: Crypto News Digest

XRP Beats Bitcoin, Satoshi Nakamoto Now $130 Billion Whale, 18,120,000,000 Dogecoin in 24 Hours: Crypto News Digest

by cryptonews100_tggfrn
July 30, 2025
0

(*24*) Satoshi Nakamoto's fortune hits $130 billionWith Bitcoin buying and selling above $118,000, Satoshi Nakamoto’s 1.1 million BTC now worth...

Bitcoin, Ethereum, XRP Remain Muted As Dogecoin Drops Ahead Of FOMC Meeting

Bitcoin, Ethereum, XRP Remain Muted As Dogecoin Drops Ahead Of FOMC Meeting

by cryptonews100_tggfrn
July 29, 2025
0

Cryptocurrency markets are buying and selling sideways sooner or later forward of the Federal Reserve's determination on rates of interest.CryptocurrencyTickerWorthBitcoin(CRYPTO:...

Opendoor Retail Activity Surges 300% After Reverse Stock Split Proposal Delayed: More Details Inside

Opendoor Retail Activity Surges 300% After Reverse Stock Split Proposal Delayed: More Details Inside

by cryptonews100_tggfrn
July 29, 2025
0

Opendoor stated that with the inventory dealing with heightened volatility, the board opted to delay the particular assembly to present...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

Hackers wipe out Rs 384 crore from Bengaluru cryptocurrency firm Neblio Technologies; company says inside job | Bangalore News

Hackers wipe out Rs 384 crore from Bengaluru cryptocurrency firm Neblio Technologies; company says inside job | Bangalore News

July 30, 2025
10 Big Ideas From Ethereum That Changed The Way The World Works

10 Big Ideas From Ethereum That Changed The Way The World Works

July 30, 2025
Stablecoins Grow While Bitcoin Investors Cautious In July

Stablecoins Grow While Bitcoin Investors Cautious In July

July 30, 2025

Categories

  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • Exchanges
  • Litecoin
  • Pokadot
  • Polygon
  • Real World Assets
  • Shiba Inu
  • Solana
  • sui
  • World Liberty Financial
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (158) Bitcoin (628) BlockDAG (115) BTC (175) bullish (110) Buy (205) Cardano (265) ChainLink (204) crypto (734) Cryptocurrency (263) Detail (103) DOGE (126) Dogecoin (252) ETF (155) ETH (185) Ethereum (373) flash (104) gains (90) hits (98) Inu (195) key (94) launches (108) Link (101) market (205) million (105) News (355) Polkadot (129) POLYGON (131) prediction (116) Presale (101) price (554) rally (143) RWA (127) SHIB (117) Shiba (202) SOL (120) Solana (325) Sui (214) Surge (118) Surges (108) token (107) top (172) TradingView (106) Trump (153) XRP (458)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.