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$DOGE /USDT Holding Strong – Can Bulls Break $0.26? 🚀🔥 Current Price: $0.25825 (+4.45%) 📊 24H High: $0.26065 | 24H Low: $0.24720 $DOGE continues its bullish momentum, Approaching a key resistance zone. Will it push past $0.2600, or are sellers ready to step in? 🔹 Support: $0.2550 – Holding above this level maintains bullish strength. 🔹 Resistance: $0.2600 - $0.2620 – A breakout could push it toward $0.2700+. 📌 Trading Setup: 📈 Long Setup (Bullish Breakout): Entry Zone: $0.2560 - $0.2590 Target 1: $0.2620 Target 2: $0.2700+ Stop-Loss: $0.2530 📉 Short Setup (Bearish Rejection): Entry Zone: $0.2600 - $0.2620 Target: $0.2560 Stop-Loss: $0.2650 🔥 DOGE is at a decision point! Will bulls take it to new highs, or will resistance hold? Stay tuned for the next move! 📊🚀

Dogecoin ($DOGE ) has faced a sharp downturn this month, continuing a bearish trend that began in December when it hit a peak of $0.4835. The decline aligns with broader altcoin struggles as market sentiment remains in "fear" territory, with the Fear and Greed Index hovering around 35. However, technical indicators suggest a possible reversal could be on the horizon. Why a DOGE Rebound Looks Likely One key metric, the Market Value to Realized Value (MVRV) ratio, indicates that DOGE has entered the "opportunity zone." Historically, whenever this indicator drops to similar levels, Dogecoin has experienced a sharp recovery. Santiment data shows that a past drop to this level led to a 45% rally in December, pushing DOGE to $0.4332. If history repeats, a similar move could take the price back to $0.3640 and possibly higher. Moreover, Trader Tardigrade, a well-known analyst, notes that DOGE is now in the “accumulation zone.” He believes the coin often goes parabolic after dipping from consolidation phases. If this pattern holds, DOGE could retest the $1 resistance in the long run. Key Levels to Watch Immediate support: $0.20 – A break below invalidates the bullish outlook. Resistance targets: $0.3215 (38.2% Fibonacci) and $0.3836 (23.6% Fibonacci). With historical trends and technicals aligning, DOGE could soon surprise the market with a strong comeback. Will this be the next breakout rally?

On February 11, Bloomberg's senior ETF analyst Eric Balchunas shared his predictions regarding the approval likelihood of spot cryptocurrency ETFs in 2025. Balchunas forecasts that Litecoin (LTC) and Dogecoin (DOGE) have the highest chances of approval, with probabilities of 90% and 75%, respectively. Solana (SOL) follows with a 70% chance, while XRP has a lower probability of 65%.

The post Dogecoin and Shiba Inu Poised for Major Comeback: Will SHIB and DOGE Prices Hold Momentum? appeared first on Coinpedia Fintech News The recent turbulence in the market have significantly affected meme coins, causing their total market cap to fall below $70 billion. While some altcoins and meme coins have shown a lot of price fluctuations, Shiba Inu & Dogecoin, in particular, are having a hard time stabilizing their prices. However, some experts believe that the ongoing consolidation in the prices of DOGE and SHIB, especially during a dip, could trigger a strong recovery ahead. Dogecoin and Shiba Inu Silently Gain Momentum According to data from Coinglass, Dogecoin saw a significant amount of liquidation in the past 24 hours, with around $6.77 million in DOGE positions being closed. This included about $3.55 million sold by buyers and $3.22 million by sellers. Meanwhile, SHIB experienced about $137,000 worth of liquidation, with buyers accounting for $73.5K of that total. Also read: Cryptos to Lookout For the Coming Week: HBAR, ONDO, & QNT Price to Explode Soon Despite these liquidations, the prices of both meme coins have remained stable, which could indicate a potential rally ahead. Analysts suggest that this stability might be the calm before a storm, as large investors continue to buy SHIB and DOGE during the recent price dip. This buying could strengthen support levels and potentially lead to a sharp increase in the prices of Dogecoin and Shiba Inu. Dogecoin Price Analysis Dogecoin price made a sharp decline from the $0.3 mark, which suggests that the bears have turned this level into resistance. Bears are dominating as DOGE struggles in surging above immediate resistance of $0.26. As of writing, DOGE price trades at $0.254, surging over 1.47% in the last 24 hours. The selling pressure continues to be dominating below the $0.30 level. However, buyers have built a strong support around $0.2 as it forms an accumulation zone. Any recovery is likely to encounter selling pressure at the previous support now turned resistance level of $0.30. If the price continues to hold below that level, the bears might push the DOGE/USDT pair below $0.20. Conversely, if Dogecoin breaks and holds above $0.30 following ongoing accumulation, it could indicate that the bears are losing control. This could mean that a bottom has been established, pushing the DOGE price toward $0.34. Shiba Inu Price Analysis SHIB price is attempting for a recovery as the price aims for a surge above the EMA50 trend line. However, the price of SHIB continues to face resistance. Currently, the SHIB price is at $0.000015, having surged over 0.24% in the last 24 hours. The SHIB/USDT trading pair remains under the downtrend line, showing strong selling pressure from bearish traders. This price level may continue to be a significant barrier, as short-term holders (STHs) might opt to sell off their positions at this level. However, we expect the SHIB price to retest its resistance at $0.00001717. If the price stays above the EMA20 trend line on the 1-hour chart, buyers could attempt to send it toward $0.000022. With the Relative Strength Index (RSI) remaining below the midline at 40, there could be a drop toward $0.000012.

Dogecoin ($DOGE ) has faced a sharp downturn this month, continuing a bearish trend that began in December when it hit a peak of $0.4835. The decline aligns with broader altcoin struggles as market sentiment remains in "fear" territory, with the Fear and Greed Index hovering around 35. However, technical indicators suggest a possible reversal could be on the horizon. Why a DOGE Rebound Looks Likely One key metric, the Market Value to Realized Value (MVRV) ratio, indicates that DOGE has entered the "opportunity zone." Historically, whenever this indicator drops to similar levels, Dogecoin has experienced a sharp recovery. Santiment data shows that a past drop to this level led to a 45% rally in December, pushing DOGE to $0.4332. If history repeats, a similar move could take the price back to $0.3640 and possibly higher. Moreover, Trader Tardigrade, a well-known analyst, notes that DOGE is now in the “accumulation zone.” He believes the coin often goes parabolic after dipping from consolidation phases. If this pattern holds, DOGE could retest the $1 resistance in the long run. Key Levels to Watch Immediate support: $0.20 – A break below invalidates the bullish outlook. Resistance targets: $0.3215 (38.2% Fibonacci) and $0.3836 (23.6% Fibonacci). With historical trends and technicals aligning, DOGE could soon surprise the market with a strong comeback. Will this be the next breakout rally?