Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Is Dogecoin Poised for Another 50% Surge? (Analyst)
By: cryptosheadlines|2025/05/14 15:45:04
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com TL;DRThe OG meme coin has recovered yesterday’s losses and is back above $0.24, with a popular analyst pointing out that the next major resistance is 50% higher than its current levels.At the same time, on-chain data reveals that leveraged traders continue to build big DOGE positions.On-chain data shows #Dogecoin $DOGE faces major resistance at $0.36, while the key support zone to watch sits at $0.21. pic.twitter.com/qIABWXmkKd— Ali (@ali_charts) May 14, 2025In order to reach the first major resistance outlined by Martinez, DOGE would have to outperform its weekly price surge, which saw it gain 40%. Recall that the oldest meme coin struggled at around $0.165 until this time last week, when the overall market turned bullish and DOGE rode the wave in an impressive manner, surging to a multi-month peak of $0.26.Yesterday’s correction, which pushed it south to Martinez’s key support zone of under $0.22, has been erased to a large extent, and DOGE now sits at $0.245.Meanwhile, Glassnode said yesterday that the DOGE Futures Open Interest surged by almost 64% in the past week, going well above $1.6 billion. This means that the amount of open short and long leveraged positions has skyrocketed, which comes at an intriguing time when DOGE’s rally cooled off.According to the analytics company, such a rapid increase in the Open Interest during price pullbacks means that traders continue to build speculative positions, which could result in enhanced volatility once the market heads decisively in either direction.Despite $DOGE pulling back from its recent high, Futures Open Interest continues to rise, up +63.9% over the past week ($989M → $1.62B). This decoupling suggests persistent speculative positioning, even as price momentum fades – a setup worth monitoring: https://t.co/N343pGpptL pic.twitter.com/icOVcqDffA— glassnode (@glassnode) May 13, 2025SPECIAL OFFER (Sponsored)Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!Source link
You may also like
Reflections and Confusions of a Crypto VC
As the tide recedes, crypto VCs face a life-and-death test. The bubble of blind token overvaluation has been burst, and the industry's valuation logic is returning to real revenue. In the face of increasingly savvy retail investors and dried-up liquidity, VCs that can only throw money around are des...
Morning News | Ether Machine terminates $1.6 billion SPAC deal; SpaceX holds approximately $603 million in Bitcoin; Michael Saylor releases Bitcoin Tracker information again
Overview of Important Market Events on April 12
Crypto ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $816 million; the net inflow for Ethereum spot ETFs in the U.S. was $187 million
Bitwise updates Hyperliquid ETF application documents, with the trading code set as BHYP.
This week's news preview | The U.S. will release March PPI data; French President Macron will give a speech at Paris Blockchain Week
Highlights of the week from April 13 to April 19.
How Do Digital Assets Self-Custody? OpenAI Cofounder's 15-Step Checklist
It's time to outsource our memory to AI
Circle Product Management Director: The Future of Cross-Chain: Building an Interoperability Technology Stack for Internet Financial Systems
Building on the foundation laid by CCTP, Circle is increasing its investment in three main areas: settlement acceleration, broader asset interoperability, and orchestration, making cross-chain value flow more seamless and efficient, and achieving internet-level usability.
UCL Fan Tokens 2026 Guide: How to Trade UEFA Champions League Crypto with Zero Fees on WEEX
Discover UCL fan tokens like PSG, Barcelona, and Man City. Learn how to trade UEFA Champions League crypto with zero fees and earn rewards on WEEX.
WEEX Poker Party Season 2: Check How to Earn Crypto Rewards Now!
Learn how WEEX Poker Party Season 2 (Joker Card Event) works. Discover rules, scoring, rewards, and strategies to earn crypto rewards through gamified trading.
Yu Weiwen: Steady Development of Hong Kong's Compliant Stablecoin Ecosystem
The President of the Hong Kong Monetary Authority, Eddie Yue, published an article titled "Steady Development of Hong Kong's Compliant Stablecoin Ecosystem" in the official column "Hui Si," in which he pointed out that this licensing marks a new stage in the regulation of stablecoins in Hong Kong.
After TACO Ceasefire, Iran War is Just on Pause
Ceasefire Eased Market Sentiment but Did Not Address Core Conflict
The 17-Year Mystery Will Be Solved, Who is Satoshi Nakamoto?
The New York Times Traces the Mystery of Satoshi Nakamoto, with Clues Pointing to Adam Back
5 Minutes to Make AI Your Second Brain
It's time to outsource memory to AI
Uniswap is trapped in an innovation dilemma
The various iterations of Uniswap are one of the sources of vitality in the DeFi market, but since 2023, Uniswap has not proposed any substantial innovations, instead adhering to traditional business explorations in application chains, Launchpads, etc., leading to a slump in token prices and market ...
What is the key to competition in crypto banking?
Digital banks, crypto cards, wallets, super apps, and DeFi protocols are all converging towards the same goal: to become the primary gateway for your savings, spending, earning, and transferring in the new era.
The flow of stablecoins and the spillover effects in the foreign exchange market
Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...
After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut
The regulated entity is set to launch a stablecoin in the first half of this year.
The person who helped TAO rise by 90% has now single-handedly crashed the price again today
As long as people are around, the story continues. But once they're gone, you may not even find a worthy opponent to play against.
3-Minute Guide to Participating in the SpaceX IPO on Bitget
Bitget IPO Prime brings a rare opportunity for global users to participate in world-class unicorn IPOs, allowing ordinary users to equally access the potential economic benefits of top-tier IPOs.
Reflections and Confusions of a Crypto VC
As the tide recedes, crypto VCs face a life-and-death test. The bubble of blind token overvaluation has been burst, and the industry's valuation logic is returning to real revenue. In the face of increasingly savvy retail investors and dried-up liquidity, VCs that can only throw money around are des...
Morning News | Ether Machine terminates $1.6 billion SPAC deal; SpaceX holds approximately $603 million in Bitcoin; Michael Saylor releases Bitcoin Tracker information again
Overview of Important Market Events on April 12
Crypto ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $816 million; the net inflow for Ethereum spot ETFs in the U.S. was $187 million
Bitwise updates Hyperliquid ETF application documents, with the trading code set as BHYP.
This week's news preview | The U.S. will release March PPI data; French President Macron will give a speech at Paris Blockchain Week
Highlights of the week from April 13 to April 19.
How Do Digital Assets Self-Custody? OpenAI Cofounder's 15-Step Checklist
It's time to outsource our memory to AI
Circle Product Management Director: The Future of Cross-Chain: Building an Interoperability Technology Stack for Internet Financial Systems
Building on the foundation laid by CCTP, Circle is increasing its investment in three main areas: settlement acceleration, broader asset interoperability, and orchestration, making cross-chain value flow more seamless and efficient, and achieving internet-level usability.
App