NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report

Dogecoin Begins Climb: Key Price Targets Set Following Breakout From $0.08

Reynaldo Marquez
Reynaldo Marquez
Last Updated: June 11, 2024 2:31 pm
2 mins read
dogecoin doge dogeusdt

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The king of the memecoins, Dogecoin (DOGE), has been following the general sentiment in the crypto market as it breaks out from a critical level. The token experienced selling pressure on low timeframes but seems poised for further profits.

Related Reading

Dogecoin

Dogecoin Price Chart Described As ‘Beautiful’ By Crypto Analyst

2 years ago

As of this writing, Dogecoin (DOGE) trades at $0.078 with a 1% loss in the last 24 hours. Over the previous seven days, the memecoin held 6% in profits, operating as a top performer in the top 10 by market capitalization.

Dogecoin DOGE DOGEUSDT
DOGE’s price trends to the upside on the daily chart. Source: DOGEUSDT on Tradingview

Dogecoin On Route For $0.10? Analyst Makes Bullish Case

As mentioned, the Dogecoin rally has found hurdles over today’s trading session, with the price returning below the critical level at $0.08. Crypto trader Rekt Capital claims that the recent price action confirmed a bullish trajectory for the token.

The chart below shows that Dogecoin completed a path from its yearly lows at $0.052 across October and November. As the bulls pushed upwards, the cryptocurrency broke its descending channel, setting a path towards the area above $0.11, last seen in 2022.

Dogecoin DOGE DOGEUSDT chart 2
DOGE’s price breaks out of the descending channel. Source: Rekt Capital o X

DOGE Price Likely To Return To All-Time High

A separate report from another crypto trader looks at Dogecoin over high timeframes. The token is close to completing a bigger breakout over its Bitcoin (BTC) trading pair on this horizon.

Related Reading

Dogecoin Shiba Inu

Dogecoin Vs. Shiba Inu: Which Meme Coin Is More Profitable For Holders?

1 year ago

The analyst cites a series of positive fundamentals for Dogecoin, including its scalability and “low energy consumption” transactions. On the chart above and pointing to the moving average convergence/divergence (MACD) indicator, the analyst stated:

In the $DOGE / $BTC trading pair, bullish patterns and indicators have been observed in the higher timeframes. Notably, a falling wedge pattern is evident in the 4-day timeframe, accompanied by a bullish crossover in the MACD indicator.

Dogecoin DOGE DOGEUSDT chart 3
DOGE’s price attempts to complete a bullish pattern on the 4-day chart. Source:
Naemrr on X

It remains to be seen if DOGE can return to its 2022 and 2021 high against its Bitcoin and USDT trading pairs. The bullish momentum in the crypto market is holding, albeit with an increase in selling pressure, possibly triggered by speculators taking profit at current levels.

Cover image from Unsplash, chart from Tradingview

Tweet123Share196ShareSend
Reynaldo Marquez
Reynaldo Marquez

Reynaldo Marquez

A literature major, Reynaldo Márquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide.
In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride.
He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times.
In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson’s ‘Neuromancer.’ The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau’s ‘Civil Disobedience.’
But that’s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term.
In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry.
Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

This Friday’s Bitcoin Options Expiry Could Shake Up The Market: What To Look Out For

As the year comes to a close, Bitcoin (BTC) is approaching a pivotal moment that could lead to increased market...

Ronaldo Marquez 1 week ago
Dogecoin

Ignore Dogecoin Now, Chase It Later: This Fractal Says History May Repeat

Dogecoin may look quiet and unexciting right now, but history suggests that could be the point. Similar fractal setups in...

Godspower Owie 1 week ago
XRP

These Five Key Drivers Could Boost XRP To $5 By 2026, Claims Top Analyst

XRP, currently the fifth largest cryptocurrency by market cap, has recently fallen below the crucial $2 mark amid a broader...

Ronaldo Marquez 1 week ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Dogecoin

The Dogecoin Cycle Fractal That Shows Where The Price Is Headed Next

Scott Matherson 1 week ago
Dogecoin

Dogecoin Price Could Rally If It Reclaims This Fibonacci Level

Sandra White 1 week ago
XRP

XRP To $1,000? Korean Researcher Lays Out 10-Year Roadmap

Christian Encila 1 week ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の価格見通し──DOGEは0.2ドルに到達するのか、それとも調整局面が続くのか

    ドージコイン...

    2 weeks ago
  • フランクリン・テンプルトンのスポットETFがXRPを1億枚超保有、機関投資家の動きはリップル 今後の価格を3ドル以上へ導くのか

    ...

    2 weeks ago
  • 専門家が注目する、2026年を前に検討したい仮想通貨 プレセール5選

    ...

    2 weeks ago
  • 仮想通貨 おすすめ銘柄として注目、新DeFiコインのプレセール資金調達が3,000万ドルに迫る

    仮想通貨...

    2 weeks ago
  • ChatGPT-5 dự đoán giá Bitcoin sau khi vàng và bạc lập đỉnh lịch sử

    ChatGPT-5 dự đoán giá Bitcoin sau khi vàng và bạc...

    2 weeks ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. 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.