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Doge good buying zone area is 0.20000 to 0.2100

Dogecoin ( $DOGE ) is testing a historical support level. Its latest price action is $0.2289, marking a sharp 13.75% drop in the current two-week trading period. The chart, published , a structured support and resistance flip, aligning with previous accumulation zones. The significant correction from a recent high of $0.2691 suggests a retest of support, potentially setting the stage for the next move. Technical Structure and Market Implications The chart illustrates two major historical accumulation zones where DOGE has surged following consolidation. The first key support level, around $0.0025 to $0.007, facilitated an explosive rally in 2017. The second accumulation range, between $0.050 and $0.080, served as a base for the 2021 parabolic move, leading to an all-time high near $0.74. At the time of writing, DOGE is testing a similar structural retest around the $0.23 mark, aligning closely with the previous resistance-turned-support. This area was a significant price cap throughout 2022 and 2023, making its current retest crucial for determining market sentiment. A successful bounce could fuel another bullish push, whereas a breakdown below this zone may lead to further downside pressure. Historical Comparison and Sentiment Shift Dogecoin's price history shows a pattern of long-term accumulations before major surges. The 2017 cycle saw price suppression below $0.01 before a breakout, while the 2021 bull run followed a similar accumulation structure before reaching $0.74. The ongoing price action suggests that DOGE could copy its past moves, although macroeconomic conditions and market sentiment differ from previous cycles. Adding to the speculation, social media responses highlight bullish optimism, with traders pointing to a possible announcement from "House of Doge" in early March 2025 regarding major brand adoption in the U.S. This aligns with past catalysts, where institutional mentions and meme-driven momentum fueled exponential gains. Key Price Levels and Potential Scenarios With DOGE trading at $0.2289, immediate resistance sits near $0.30, representing the previous rejection zone. Given sufficient volume, breaking above this could open doors to $0.40 and beyond. However, failure to hold $0.23 support could push prices towards $0.17-$0.19, where additional buyer interest might emerge. The chart’s message is clear: history doesn’t repeat, but it often rhymes. If the current support holds firm, DOGE could be preparing for another expansion phase, drawing parallels to its prior breakouts. Meanwhile, traders will see the subsequent developments at the technical level and external news catalysts to gauge the next move.

Dogecoin ( $DOGE ) is testing a historical support level. Its latest price action is $0.2289, marking a sharp 13.75% drop in the current two-week trading period. The chart, published , a structured support and resistance flip, aligning with previous accumulation zones. The significant correction from a recent high of $0.2691 suggests a retest of support, potentially setting the stage for the next move. Technical Structure and Market Implications The chart illustrates two major historical accumulation zones where DOGE has surged following consolidation. The first key support level, around $0.0025 to $0.007, facilitated an explosive rally in 2017. The second accumulation range, between $0.050 and $0.080, served as a base for the 2021 parabolic move, leading to an all-time high near $0.74. At the time of writing, DOGE is testing a similar structural retest around the $0.23 mark, aligning closely with the previous resistance-turned-support. This area was a significant price cap throughout 2022 and 2023, making its current retest crucial for determining market sentiment. A successful bounce could fuel another bullish push, whereas a breakdown below this zone may lead to further downside pressure. Historical Comparison and Sentiment Shift Dogecoin's price history shows a pattern of long-term accumulations before major surges. The 2017 cycle saw price suppression below $0.01 before a breakout, while the 2021 bull run followed a similar accumulation structure before reaching $0.74. The ongoing price action suggests that DOGE could copy its past moves, although macroeconomic conditions and market sentiment differ from previous cycles. Adding to the speculation, social media responses highlight bullish optimism, with traders pointing to a possible announcement from "House of Doge" in early March 2025 regarding major brand adoption in the U.S. This aligns with past catalysts, where institutional mentions and meme-driven momentum fueled exponential gains. Key Price Levels and Potential Scenarios With DOGE trading at $0.2289, immediate resistance sits near $0.30, representing the previous rejection zone. Given sufficient volume, breaking above this could open doors to $0.40 and beyond. However, failure to hold $0.23 support could push prices towards $0.17-$0.19, where additional buyer interest might emerge. The chart’s message is clear: history doesn’t repeat, but it often rhymes. If the current support holds firm, DOGE could be preparing for another expansion phase, drawing parallels to its prior breakouts. Meanwhile, traders will see the subsequent developments at the technical level and external news catalysts to gauge the next move.

Ethereum’s price action has been volatile in recent weeks, but the asset encountered a significant resistance zone. With strong selling pressure likely at this level, a rejection followed by a short-term decline appears probable. Technical Analysis By Shayan The Daily Chart ETH recently found support at the critical $2.5K level and has since jumped toward the $3K region, revisiting the previously broken trendline of the descending wedge. However, this upward movement appears to lack momentum, resembling a pullback rather than a sustained recovery. Notably, the $3K region coincides with the 200-day moving average, reinforcing it as a strong resistance level where significant selling pressure may emerge. Given this confluence, the likelihood of rejection is high, potentially leading to another bearish move. If sellers regain control, Ethereum could decline further, with the $2.5K level remaining the primary downside target in the mid-term. The 4-Hour Chart On the 4-hour timeframe, ETH’s recent bullish retracement is evident as the price inches closer to a key resistance zone. This area includes the lower boundary of the previously broken wedge and aligns with the 0.5 ($2.7K) and 0.618 ($2.9K) Fibonacci retracement levels—both of which historically act as strong resistance zones. With selling pressure likely concentrated within this range and bullish momentum appearing weak, Ethereum may struggle to break higher. If rejection occurs, the price could reverse toward the $2.5K support level, where a critical supply zone awaits. Onchain Analysis By Shayan The recent Bybit hack has raised concerns among market participants about its potential impact on price trends. A crucial metric to monitor in this context is the funding rate, which reflects the urgency of buyers and sellers in executing trades. As illustrated in the chart, funding rates have experienced a sharp decline during the latest market turbulence, even turning negative. This drop suggests heightened selling pressure and fear-driven activity in response to the hack. If this trend persists, particularly with continued resistance at the $3K level, further declines could follow, with sellers eyeing $2.5K as the next major support. Historically, such steep drops in funding rates often lead to a phase of sideways consolidation with increased volatility. In this case, the $2.5K–$3K range could act as the primary trading zone until market sentiment stabilizes. The post Will Weak Momentum Drive ETH to $2.5K? (Ethereum Price Analysis) appeared first on CryptoPotato.

The cryptocurrency market stumbled after the recent hack of Bybit exchange by the infamous North Korea-linked Lazarus Group. Still, market analysts aren’t worried; they believe this setback is short-lived and the market is gearing up for a rebound. They’ve even pointed out specific cryptocurrencies expected to be at the forefront of this recovery. One analyst singled out Bitcoin’s ongoing bullish outlook, taking it as a sign that the crypto bull cycle remains strong. According to this expert, key indicators like the stochastic and hash ribbons back up BTC’s bullish story, especially as the cryptocurrency holds steady above the $90,000 mark. He suggests that breaking through $102,000 will kick off the next leg of the crypto market rally. Target-wise, the analyst projects Bitcoin’s next rally to push the cryptocurrency’s price toward the $120,000 region, possibly extending to $130,000. He believes crypto investors have their eyes on that area, making it a potential profit-taking zone. However, he also acknowledges the current tug-of-war between Bitcoin bulls and bears. He cautions that if the push higher is rejected around the $102,000 level, it could trigger another period of price decline. Related: Bybit Closes ETH Gap After Billion Dollar Hack, Proof of Reserves Coming The analyst identified ETH, SOL, SUI, and S (formerly FTM) as altcoins he expects to deliver exceptional performances when the bull run returns. However, he thinks ETH faces a risk of price weakness if the Bybit hackers start selling off the significant amount of ETH they stole. The analyst anticipates these hackers will likely trade the stolen ETH for stablecoins soon. The SOL/BTC pair took a hit, falling out of a long-established trading range. Despite this, the analyst suggests this drop could be a market trick to shake out less committed traders. He believes that reclaiming the trading range would reignite SOL’s bullish momentum and spark a sustained rally. The analyst especially emphasized his positive outlook for SUI and S, particularly SUI. He believes SUI will outperform even Bitcoin within this group of altcoins. Related: Latest Bybit Hack Linked to N. Korea’s Crypto Theft for Weapons Funding Even though S is currently down, the analyst predicts a future price surge once it establishes a trend reversal. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.