Monday, August 25, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Dogecoin Closes The Week With A Doji Candle, Here’s What Happened To The Price last Time | Bitcoinist.com

17 March 2025
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Advert Disclosure

Dogecoin has been drifting across the $0.17 value degree and has struggled to search out bullish path in a market that is still overwhelmingly bearish. Crypto costs have been bleeding throughout the board, with Bitcoin and different main property exhibiting indicators of exhaustion. 

Amid this downturn, a latest growth reveals that a reversal is likely to be brewing for the meme coin. This latest growth is revealed by way of Dogecoin’s newest weekly shut, which closed with a candlestick usually related to pattern reversals.

Dogecoin Closes Week With Doji Candle: What Does This Imply?

Dogecoin closed out final week with a Doji candle, with an extended draw back wick and a skinny physique. Curiously, crypto analyst Dealer Tardigrade famous on social media platform X that this Doji weekly shut is an attention-grabbing growth for Dogecoin, contemplating what occurred the final time the meme coin had such weekly shut. In keeping with Dealer Tardigrade, this particular shut may mark the finish of the present downtrend and a possible shift towards restoration. 

A Doji candle happens when the open and shut costs are practically equivalent, reflecting market indecision. As such, the most recent weekly Doji candle displays the indecision DOGE went by way of final week because the bulls labored to forestall a continued value decline from the earlier week.

Dogecoin
Doji canlde emerge on the weekly chart | Supply: Dealer Tardigrade on X

Within the case of the latest Dogecoin Dogi candle, the particular candle has an extended decrease wick in comparison with the higher wick. It is because the week began on a continued decline from the earlier week, basically pushing DOGE to a low of $0.142, which is its lowest level in 4 months. Nonetheless, the Dogecoin value ultimately closed the week at $0.16818, just a bit bit above its open value of $0.16802.

DOGE’s Historical past With Doji Candles And Value Surges

Dealer Tardigrade highlighted that the final time Dogecoin printed a Doji on the weekly timeframe, it preceded a major value rally. As proven by the DOGE weekly candlestick timeframe chart above, the final time such a Doji occurred was within the first week of October 2024. On the time, Dogecoin closed across the week at $0.11. After this shut, the meme coin went on a 340% rally that lasted the subsequent eight weeks, reaching a multi-year peak of $0.486.

The query now could be whether or not this setup will play out equally within the present setting or if the present bearish sentiment will override any probability of a reversal. Not like October 2024, the present market circumstances are overwhelmingly bearish, with crypto property struggling to discover a foothold amid persistent promoting strain.

Whereas this Doji weekly candlestick alone isn’t sufficient to verify an uptrend, the bullish outlook is that Dogecoin replays its earlier efficiency. The same 340% rally from the most recent Doji shut of $0.16818 will put DOGE at a value goal of $0.75. 

On the time of writing, Dogecoin is buying and selling at $0.1740.

Dogecoin
DOGE buying and selling at $0.17 on the 1D chart | Supply: DOGEUSDT on Tradingview.com

Featured picture from Unsplash, chart from Tradingview.com

Editorial Course of for bitcoinist is centered on delivering totally researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent evaluation by our workforce of prime know-how consultants and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.



Source link

Tags: Bitcoinist.comCandleClosesDogecoinDOJIhappenedHeresPricetimeWeek
Previous Post

Can European Stocks Keep Their Edge? Evaluating the Market’s Strength

Next Post

Rules Over Followers: BYDFi’s Official Response to ExtraVOD’s False Allegations – Crypto-News.net

Related Posts

Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target
Bitcoin

Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target

25 August 2025
2025 YTD: Fewer Bitcoin Transfers, Far Lower Fee Share Versus 2024 – Learning – Insights Bitcoin News
Bitcoin

2025 YTD: Fewer Bitcoin Transfers, Far Lower Fee Share Versus 2024 – Learning – Insights Bitcoin News

25 August 2025
Hacker Moves Loot: Over 38,000 Solana Purchased With Stolen Crypto
Bitcoin

Hacker Moves Loot: Over 38,000 Solana Purchased With Stolen Crypto

25 August 2025
Ether Soars In August—But Will September Spoil The Party?
Bitcoin

Ether Soars In August—But Will September Spoil The Party?

24 August 2025
Wall Street’s Crypto Titans: Billions in Bitcoin and Ethereum Stashed Away – Crypto News Bitcoin News
Bitcoin

Wall Street’s Crypto Titans: Billions in Bitcoin and Ethereum Stashed Away – Crypto News Bitcoin News

24 August 2025
With ETH Pumping And BTC Maintaining, What’s The Best Crypto To Buy Now?
Bitcoin

With ETH Pumping And BTC Maintaining, What’s The Best Crypto To Buy Now?

25 August 2025
Next Post
Rules Over Followers: BYDFi’s Official Response to ExtraVOD’s False Allegations – Crypto-News.net

Rules Over Followers: BYDFi’s Official Response to ExtraVOD’s False Allegations - Crypto-News.net

A Glimpse at Sam Bankman-Fried Life in Prison: Who Does SBF Share a Cell With?

A Glimpse at Sam Bankman-Fried Life in Prison: Who Does SBF Share a Cell With?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

19 July 2025
PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

30 July 2025
A Russian Hacking Group Is Using Fake Versions of MetaMask to Steal $1M in Crypto – Decrypt

A Russian Hacking Group Is Using Fake Versions of MetaMask to Steal $1M in Crypto – Decrypt

10 August 2025
Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

13 August 2025
XRP Price Blasts Higher by 10%, Bulls Eye Even Bigger Gains

XRP Price Blasts Higher by 10%, Bulls Eye Even Bigger Gains

8 August 2025
PEPE Gears Up For 120% Move As Indicators Point To An End Of Decline | Bitcoinist.com

PEPE Gears Up For 120% Move As Indicators Point To An End Of Decline | Bitcoinist.com

8 August 2025
Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target

Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target

25 August 2025
Solana (SOL) Closes Above $200 Mark, Bulls Aim for Another Breakout

Solana (SOL) Closes Above $200 Mark, Bulls Aim for Another Breakout

25 August 2025
2025 YTD: Fewer Bitcoin Transfers, Far Lower Fee Share Versus 2024 – Learning – Insights Bitcoin News

2025 YTD: Fewer Bitcoin Transfers, Far Lower Fee Share Versus 2024 – Learning – Insights Bitcoin News

25 August 2025
Avail aims to revolutionize blockchain with a universal unification layer

Avail aims to revolutionize blockchain with a universal unification layer

25 August 2025
Coinbase CEO Predicts $1M Bitcoin Driven by FOMO, ETFs, Government Action – Markets and Prices Bitcoin News

Coinbase CEO Predicts $1M Bitcoin Driven by FOMO, ETFs, Government Action – Markets and Prices Bitcoin News

25 August 2025
Hacker Moves Loot: Over 38,000 Solana Purchased With Stolen Crypto

Hacker Moves Loot: Over 38,000 Solana Purchased With Stolen Crypto

25 August 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$111,727.00-2.80%
  • ethereumEthereum(ETH)$4,611.99-3.42%
  • rippleXRP(XRP)$2.95-3.03%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$864.80-0.94%
  • solanaSolana(SOL)$201.87-2.91%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$4,602.56-3.34%
  • tronTRON(TRX)$0.353964-3.19%
  • dogecoinDogecoin(DOGE)$0.222020-4.81%