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Dogecoin Price Analysis: More DOGE gains ahead as PEPE crosses $4 billion in market cap

Source Fxstreet

Dogecoin price gains over 4% to break above $0.26 on Tuesday, supported by bullish tailwinds within the broader memecoin sector.
PEPE price surges nearly 8% on the day, reaching the $4 billion market capitalization milestone.
DOGE’s $72 million in long leveraged positions outpaced the $51 million in shorts by 30%, signaling intent to capitalize on bullish momentum.

Dogecoin price gains 3% to break above $0.26 on Monday, supported by bullish tailwinds within the broader memecoin sector. With PEPE price posting superior gains, derivatives markets data suggest DOGE could also advance further in the days ahead.

Dogecoin (DOGE) breaks above $0.26 as US Fed rate prospects lift memecoin markets

Dogecoin (DOGE) has recorded 9% gains over the last four days, topping above $0.27 on Tuesday after ending a four-day losing streak observed the previous week.

DOGE’s three-day price recovery since Friday has been linked to positive speculation ahead of the US Consumer Price Index (CPI) data, which will be released on Wednesday, with many anticipating a pause in interest rate cuts.

Dogecoin Price Action, Feb 11, 2025 | Source: TradingView

Market sentiment improved as the United States averted a feared tariff war with its neighbors, Canada and Mexico.

This development buoyed risk-on sentiment, lifting not just Dogecoin but the entire memecoin sector.

Despite its 9% gains over the past three days, Dogecoin was not the top-performing memecoin on Feb 11.

While DOGE rose 3% on the day, PEPE surged 5%, reclaiming the $4 billion market capitalization milestone.

The broader memecoin market climbed 0.9%, pushing the aggregate valuation to $76.8 billion.

This broad-based rally suggests deep bullish sentiment, which could persist and provide a tailwind for Dogecoin’s price.

Global Memecoin Market Performance, Feb 11, 2025 | Source: CoinGecko

Historically, strong sector-wide movements indicate sustained bullishness, and Dogecoin's latest rally aligns with this trend. If the positive momentum continues, DOGE could advance further and challenge higher resistance levels.

Bull traders betting on DOGE price to advance further

Derivatives market trends indicate that Dogecoin bull traders are positioning to capitalize on the ongoing bullish sentiment within the broader memecoin sector.

Dogecoin Liquidation Map, Feb 11 | Source: Coinglass

Data from Coinglass’ Liquidation Map reveals that DOGE’s $71.2 million in long leveraged positions currently outpace the $51 million in shorts by 30%, signaling strong bullish intent. Rising long positions amid a price rebound typically suggest that the majority of traders expect the rally to extend towards higher resistance levels.

If this trend persists, Dogecoin could build on its current momentum and attempt a breakout beyond the $0.27 mark.

The increasing leveraged long exposure suggests that institutional and retail traders alike are betting on further upside. However, in the event of an unexpected pullback, strong support around $0.24 could absorb any sell pressure, limiting downside risks.

Dogecoin Price Forecast: $0.35 breakout ahead if this key resistance caves

Dogecoin’s price action shows a clear rebound within the lower boundary of the Keltner Channel, indicating the potential for a sustained rally.

If bullish momentum persists, DOGE could push past the $0.28 resistance and set its sights on the next key level at $0.30.

A decisive break above this zone could open the door for an extended rally toward $0.35.

Technical indicators support this outlook. The MACD histogram is transitioning from red to green, signaling a potential bullish crossover.

Additionally, the RSI is approaching neutral territory, leaving room for further upside before hitting overbought conditions.

Dogecoin Price Forecast | DOGEUSDT

On the bearish side, failure to hold above $0.26 could invite increased selling pressure, with a potential retracement to $0.24.

However, with strong derivatives market support and broader memecoin sector bullishness, the probability of a continued rally remains high.

Barring any macroeconomic shocks, Dogecoin’s price looks poised to extend its gains, with a possible breakout above $0.30 paving the way for a test of $0.35 in the coming days.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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Gold Price Forecast: XAU/USD drifts higher above $4,200 as Fed delivers expected cut Gold price (XAU/USD) gains momentum to around $4,235 during the early Asian session on Thursday. The precious metal extends its upside after the US Federal Reserve (Fed) delivered an expected third consecutive interest rate cut and maintained its outlook for just one cut in 2026.

Author FXStreet

Dec 11, Thu

Gold price (XAU/USD) gains momentum to around $4,235 during the early Asian session on Thursday. The precious metal extends its upside after the US Federal Reserve (Fed) delivered an expected third consecutive interest rate cut and maintained its outlook for just one cut in 2026.

Gold remains bid as lack of Fed clarity and geopolitical frictions persist Gold (XAU/USD) advances modestly on Friday as traders seem to book profits ahead of the weekend, yet clings to gains of over 0.51% after reaching a seven-week high of $4,353. At the time of writing, XAU/USD trades at $4,302 as traders digest comments from Federal Reserve (Fed) officials.

Author FXStreet

Yesterday 01: 34

Gold (XAU/USD) advances modestly on Friday as traders seem to book profits ahead of the weekend, yet clings to gains of over 0.51% after reaching a seven-week high of $4,353. At the time of writing, XAU/USD trades at $4,302 as traders digest comments from Federal Reserve (Fed) officials.

Ethereum Price Slips Lower — $3,000 Looms as the Key Battleground Ethereum is attempting to recover from a $3,026 low but remains below $3,200 and the 100-hour SMA, with a bearish trend line near $3,175 capping rebounds as bulls need a clean break above $3,200 to target $3,250–$3,400, while a drop below $3,050 risks a retest of $3,000 and $2,940.

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Ethereum is attempting to recover from a $3,026 low but remains below $3,200 and the 100-hour SMA, with a bearish trend line near $3,175 capping rebounds as bulls need a clean break above $3,200 to target $3,250–$3,400, while a drop below $3,050 risks a retest of $3,000 and $2,940.

Macro Analysts: Hawkish Japan Could Push Bitcoin Below $70K Analysts predict Bitcoin may face further declines towards the $70,000 mark if the Bank of Japan raises interest rates as expected.

Author Mitrade

Yesterday 05: 48

Analysts predict Bitcoin may face further declines towards the $70,000 mark if the Bank of Japan raises interest rates as expected.

Bitcoin Slides 5% as Sellers Lean In — Can BTC Reclaim $88,000?Bitcoin has dropped back below $88,000 after rolling over from $90,500, with price still trading under the 100-hour Simple Moving Average. The sell-off found a floor at $85,151, and BTC is now consolidating near that base, but rebounds are facing pressure from a bearish trend line around $89,000. Bulls need to retake $88,000–$89,000 to ease downside risk; failure to do so keeps $85,500–$85,000 and then $83,500 in play, with $80,000 as the deeper “line in the sand.” Bitcoin (BTC) is back in damage-control mode after a sharp pullback wiped out recent gains. The price failed to reclaim the $90,000–$90,500 band, rolled over, and slid through $88,500 before briefly dipping under $87,000. Buyers did show up around $85,000, but the rebound so far looks more like stabilization than a clear trend reversal. Bitcoin dips hard, finds a bid near $85,000（h3） BTC’s latest move lower began when it couldn’t build follow-through above $90,000 and $90,500. Once that upside stalled, sellers took control and pushed price down through $88,500. The slide accelerated enough to spike below $87,000, but the market didn’t free-fall. Bulls defended the $85,000 zone, printing a low at $85,151. Since then, Bitcoin has been consolidating below the 23.6% Fibonacci retracement of the drop from the $93,560 swing high to the $85,151 low — a clue that the bounce is still shallow and that sellers haven’t fully backed off yet. Structurally, BTC is still on the back foot: It’s trading below $88,000, and It remains below the 100-hour Simple Moving Average, keeping short-term trend pressure pointed downward. Resistance is layered, and $89,000 is the problem area（h3） If bulls try to turn this into a recovery, they’ll have to climb through multiple ceilings in quick succession. First, BTC faces resistance around $87,150, followed by a more meaningful barrier near $87,500. From there, the market’s attention snaps back to $88,000 — the level BTC just lost and now needs to reclaim. A close back above $88,000 would improve the tone, but it doesn’t solve the bigger issue: there’s a bearish trend line on the hourly BTC/USD chart (Kraken feed) with resistance near $89,000, which also lines up with the next technical hurdle. If BTC can push through $89,000 and hold, the rebound could extend toward $90,000, with follow-through targets at $91,000 and $91,500. But until price clears that $88,000–$89,000 zone, rallies are at risk of being sold rather than chased. If BTC fails to reclaim resistance, the downside path is clear（h3） The near-term bear case is simple: if Bitcoin can’t climb back above the $87,000 area and keep traction, sellers may attempt another leg lower. Support levels line up like this: Immediate support: $85,500 First major support: $85,000 Next support: $83,500 Then $82,500 in the near term Below that, the major “don’t break this” level is still $80,000. If BTC slips under $80,000, the risk of acceleration to the downside increases significantly — not because it’s magic, but because it’s the kind of psychological and structural level that tends to trigger forced de-risking. Indicators: momentum still leans bearish（h3） The intraday indicators aren’t offering much comfort yet: Hourly MACD is losing pace in the bearish zone. Hourly RSI remains below 50, suggesting sellers still have the upper hand on short timeframes. So while the $85,000 defense held for now, the market hasn’t flipped bullish — it’s just stopped bleeding.

Author Mitrade

12 hours ago

Bitcoin has dropped back below $88,000 after rolling over from $90,500, with price still trading under the 100-hour Simple Moving Average. The sell-off found a floor at $85,151, and BTC is now consolidating near that base, but rebounds are facing pressure from a bearish trend line around $89,000. Bulls need to retake $88,000–$89,000 to ease downside risk; failure to do so keeps $85,500–$85,000 and then $83,500 in play, with $80,000 as the deeper “line in the sand.” Bitcoin (BTC) is back in damage-control mode after a sharp pullback wiped out recent gains. The price failed to reclaim the $90,000–$90,500 band, rolled over, and slid through $88,500 before briefly dipping under $87,000. Buyers did show up around $85,000, but the rebound so far looks more like stabilization than a clear trend reversal. Bitcoin dips hard, finds a bid near $85,000（h3） BTC’s latest move lower began when it couldn’t build follow-through above $90,000 and $90,500. Once that upside stalled, sellers took control and pushed price down through $88,500. The slide accelerated enough to spike below $87,000, but the market didn’t free-fall. Bulls defended the $85,000 zone, printing a low at $85,151. Since then, Bitcoin has been consolidating below the 23.6% Fibonacci retracement of the drop from the $93,560 swing high to the $85,151 low — a clue that the bounce is still shallow and that sellers haven’t fully backed off yet. Structurally, BTC is still on the back foot: It’s trading below $88,000, and It remains below the 100-hour Simple Moving Average, keeping short-term trend pressure pointed downward. Resistance is layered, and $89,000 is the problem area（h3） If bulls try to turn this into a recovery, they’ll have to climb through multiple ceilings in quick succession. First, BTC faces resistance around $87,150, followed by a more meaningful barrier near $87,500. From there, the market’s attention snaps back to $88,000 — the level BTC just lost and now needs to reclaim. A close back above $88,000 would improve the tone, but it doesn’t solve the bigger issue: there’s a bearish trend line on the hourly BTC/USD chart (Kraken feed) with resistance near $89,000, which also lines up with the next technical hurdle. If BTC can push through $89,000 and hold, the rebound could extend toward $90,000, with follow-through targets at $91,000 and $91,500. But until price clears that $88,000–$89,000 zone, rallies are at risk of being sold rather than chased. If BTC fails to reclaim resistance, the downside path is clear（h3） The near-term bear case is simple: if Bitcoin can’t climb back above the $87,000 area and keep traction, sellers may attempt another leg lower. Support levels line up like this: Immediate support: $85,500 First major support: $85,000 Next support: $83,500 Then $82,500 in the near term Below that, the major “don’t break this” level is still $80,000. If BTC slips under $80,000, the risk of acceleration to the downside increases significantly — not because it’s magic, but because it’s the kind of psychological and structural level that tends to trigger forced de-risking. Indicators: momentum still leans bearish（h3） The intraday indicators aren’t offering much comfort yet: Hourly MACD is losing pace in the bearish zone. Hourly RSI remains below 50, suggesting sellers still have the upper hand on short timeframes. So while the $85,000 defense held for now, the market hasn’t flipped bullish — it’s just stopped bleeding.

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Beginners

Dogecoin Price Analysis: More DOGE gains ahead as PEPE crosses $4 billion in market cap

Dogecoin (DOGE) breaks above $0.26 as US Fed rate prospects lift memecoin markets

Bull traders betting on DOGE price to advance further

Dogecoin Price Forecast: $0.35 breakout ahead if this key resistance caves

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