Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
What's Hot

Eric Trump’s US Bitcoin Adds 11,298 ASIC Miners – ABTC Shares Soar 8%

2026-04-23

Revenue crosses $20 billion mark with resilient growth of 3.1% in FY 26 in constant currency

2026-04-23

The US Admiral Who Destroyed Crypto Now Runs A Bitcoin Node For US Security

2026-04-23
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    AI agents that trade crypto autonomously are the next big shift in blockchain

    2026-04-23

    USDT now live on Solana, Plasma and Ethereum with 1:1 USD Onramps and Offramps: Privy and Ramp

    2026-04-23

    Lotus Cars Unveils Revolutionary AI and Blockchain Strategy to Transform Future Mobility

    2026-04-23

    OP Labs Unveils Revolutionary Enterprise Privacy Solution for Regulated Blockchain

    2026-04-23

    Sui Blockchain’s strategic integration with RedotPay unlocks a global payments revolution

    2026-04-23
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    The US Admiral Who Destroyed Crypto Now Runs A Bitcoin Node For US Security

    2026-04-23

    The American Bankers Association is calling for a 60-day pause to prevent stablecoin rules from going live

    2026-04-23

    Banks Fund Crypto Attack Ads in Washington, as More Than 3,000 Banks Unite to Stop the Clarity Act from Passing the Senate

    2026-04-21

    Have rate refunds been purchased at 20 cents on the dollar by Cantor Fitzgerald, a stablecoin-backed Treasurys custodian?

    2026-04-21

    Crypto will enter the US banking system through a backdoor, not through regulation

    2026-04-18
  • Analysis

    Cardano’s development teams want nearly $50 million for Bitcoin DeFi and Vision 2030

    2026-04-23

    Ethereum price rejected above $2,400, upside momentum starts to fade

    2026-04-23

    XRP Price Revisits Support Range, Make-or-Break Moment for Bulls

    2026-04-23

    Bitcoin’s uptrend to $80,000 is attracting more and more bears

    2026-04-23

    Solana (SOL)’s strength is waning, will the bulls regain momentum soon?

    2026-04-23
  • Learn

    Wall Street won’t stop buying. Bitcoin will not break out. What gives?

    2026-04-20

    Changelly launches ultimate DeFi Swap Flow and API for cross-chain and on-chain swaps

    2026-04-18

    What Is Etherscan? How to Use the Ethereum Block Explorer

    2026-04-17

    What Is a Crypto Faucet and How Does It Work?

    2026-04-17

    Crypto Bubbles Explained

    2026-04-17
  • Blog
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Analyst says that the Dogecoin price is going into the expansion phase, this is what it means
Altcoins

Analyst says that the Dogecoin price is going into the expansion phase, this is what it means

2025-08-24No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

According to Crypto analyst Cas Abbé, the current Dogecoin movement suggests that it steps into a new expansion phase after a long period of accumulation. This development comes afterwards months of relatively mutilated sentiment With strong price support, which now seems to be the basic work for another strong outbreak. It is remarkable that the technical analysis of various Dogecoin, CVDD -levels, Alfa prices and network stress index from Dogecoin follows, offers context for these technical prospects, which can see the Dogecoin rise of new price heights.

Signs of an expansion phase in Dogecoin

To the social media platform X, Crypto analyst Cas Abbé a few reasons explained Why the Dogecoin price is about to enter an expansion phase. The First, that is Dogecoin has traded in a wide accumulation range in recent months. This basis has been the price level of $ 0.20 since the beginning of August.

This type of long -term base buildings is usually always known that it precedes sharp upward movements, because it reflects the gradual structure of strong demand. Moreover, the analyst noted that the current breakout attempts are supported by rising trade volumewhich he interpreted as Institutional accumulation. This is different from Dogecoin Bull Cycli in the past, which were usually based on the hype of the retail trade.

Technical momentum indicators such as the relative strength index (RSI) are Currently in a medium -sized positionAnd this means that Dogecoin still has an important space to climb before he touches overbough.

Another factor is the hash speed of the Dogecoin Mining. As shown in the image below, the hash speed has risen enormously since the beginning of 2025, which shows that the network strength is steadily climbing, even during price consolidations and decreases.

See also  Trump-backed WLFI raises 2,868 ETH and sells $8 million WBTC

Historical patterns Back Expansion of the prospects

One of the most important points of Abbé is that the price cycles of Dogecoin have consistently followed a similar pattern of long lateral stretching exercises, followed by sudden vertical extensions. This cycle structure can be seen in the cumulative value days destroyed (CvdD) graph. As shown in the graph below, the Dogecoin price action remained well within his accumulation zones before he broke higher in 2018 and then in 2021.

In contrast to the peaks in 2018 and 2021, where on-chain statistics were overheated, the current circumstances are calm, which shows More of real accumulation Instead of taking profit and distribution.

The expansion phase is not about short -lived spikes, but rather a new directional trend that could again define the price structure of Dogecoin. Although the analyst has not defined a price target, technical analyzes from other analysts point to price predictions that will bring the Dogecoin price far above the 2021 peak of $ 0.7316 in the threshold of $ 1 and then. A Similar analysis by Crypto analyst Javon marks a Dogecoin rate of $ 1.25.

At the time of writing, Dogecoin acts at $ 0.237, an increase of 9.5% in the last 24 hours.

Featured image of Unsplash, graph of TradingView

Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Retailers are cashing in on Ethereum, but the sell-off is being absorbed. Find out who’s buying

2026-04-23

Can Ripple XRP enable cross-border payments? The first Russian tests indicate potential

2026-04-23

Bitcoin to $140,000 and XRP to $7? This is when it will happen

2026-04-23

Bitcoin’s next big move could defy everything traders expect: expert

2026-04-23
Add A Comment

Comments are closed.

Top Posts

Search Atlas AI SEO Software Review (2026): The Future of Automated SEO

2025-12-14

DeeKay Kwon’s Art, Identity and Evolution

2023-08-28

Bitcoin to $65K and more? What THIS key level says

2024-08-06
Editors Picks

Eden partners with Paih to roll out blockchain solution in Poland and Europe

2025-01-26

Ethereum: Assessing How ETH Could Outperform Bitcoin in Q4

2025-10-18

ADA Price is ready for a rally and only one thing is stopping it

2024-02-09

KuCoin assures users’ money is safe after US lays criminal charges

2024-03-27

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Eric Trump’s US Bitcoin Adds 11,298 ASIC Miners – ABTC Shares Soar 8%

Revenue crosses $20 billion mark with resilient growth of 3.1% in FY 26 in constant currency

The US Admiral Who Destroyed Crypto Now Runs A Bitcoin Node For US Security

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
© 2026 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.