Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 35
    NewsCryptoMarketSponsored Article

    Ditch 9 – 5 Dreams for Crypto Gains: MoonBull’s the Best New Meme Coin, and LOFI and Shiba Inu Show Momentum

    Before diving into the meme coin madness, it's worth noting that some…

    By
    Benedikt Krüger
    August 2, 2025
    image 31
    NewsCryptoMarketSponsored Article
    Pudgy Penguins Price Prediction: ATH in Sight, But Troller Cat Targets $150K Bags First
    August 2, 2025
    image 23
    CryptoMarketNewsSponsored Article
    Power Players Predict 3 Best Cryptos to Join in 2025 That Will Be the Next to Skyrocket
    August 2, 2025
    image 15
    NewsCryptoMarketSponsored Article
    Big Gains Start With Smart Choices: MoonBull’s Going Viral as the Best Crypto to Watch in 2025, While Popcat and Neiro Rally
    August 1, 2025
    image 7
    CryptoMarketNewsSponsored Article
    Buy Before 9.97% Price Jump: Troller Cat’s 399% Path Leads Best Crypto to Explode in 2025 as Cat in a Dog’s World Slips and Dogs Jumps
    August 1, 2025
  • Cryptocurrency
    image 35
    Ditch 9 – 5 Dreams for Crypto Gains: MoonBull’s the Best New Meme Coin, and LOFI and Shiba Inu Show Momentum
    10 Min Read
    image 31
    Pudgy Penguins Price Prediction: ATH in Sight, But Troller Cat Targets $150K Bags First
    8 Min Read
    image 23
    Power Players Predict 3 Best Cryptos to Join in 2025 That Will Be the Next to Skyrocket
    8 Min Read
    image 15
    Big Gains Start With Smart Choices: MoonBull’s Going Viral as the Best Crypto to Watch in 2025, While Popcat and Neiro Rally
    10 Min Read
    image 7
    Buy Before 9.97% Price Jump: Troller Cat’s 399% Path Leads Best Crypto to Explode in 2025 as Cat in a Dog’s World Slips and Dogs Jumps
    9 Min Read
    image 11
    3 Top Cryptos in August 2025 Expected to Outperform Markets with Q3’s Highest ROI Potential – Act Fast
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Dogecoin Holds Strong Despite Market Sell Off: Is a 25% Rally Possible?
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Crypto > Dogecoin Holds Strong Despite Market Sell Off: Is a 25% Rally Possible?
CryptoNews

Dogecoin Holds Strong Despite Market Sell Off: Is a 25% Rally Possible?

Dogecoin Holds Strong Despite Market Sell Off
Dogecoin Holds Strong Despite Market Sell Off
Jane Omada Apeh
Last updated: January 14, 2025 10:37 am
By
Jane Omada Apeh
Published January 14, 2025
4 Min Read
Share

The cryptocurrency market was shaken really badly on January 13, 2025, according to news sources, as the largest superlative coins like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) were hit. In all this, however, Dogecoin (DOGE) has been able to remain so far protected above the $0.30 support level and has kept the hopes alive among traders and long-term holders for a rally similar to those witnessed in the past.

Contents
Bullish Sentiment GrowingLong-Term Holders Give Confidence25% Rally Ahead?Conclusion: DOGE to Recover Despite Market Sell OffFAQs

Bullish Sentiment Growing

Data from Coinglass shows that DOGE has been getting more attention in the last 24 hours. Specifically, the Binance DOGE/USDT long-to-short ratio stands at 4.22, meaning for every short position, there are 4.22 long positions.

Further data shows 80.83% of Binance top traders hold long positions compared to only 17.17% short positions. This overwhelming bullishness is a sign that traders are expecting DOGE to hold and go up in the short term.

Increased trading volume supports this view. DOGE 24 hour trading volume increased by 90% even though the price dropped 4.20% in the same period.

Dogecoin Holds Strong Despite Market Sell Off
Dogecoin Holds Strong Despite Market Sell Off

Long-Term Holders Give Confidence

Apart from active traders, long term holders are also showing confidence in DOGE. Recent spot inflow and outflow data shows over $45.05 million worth of DOGE has been withdrawn from exchanges.

This is a sign that investors are moving their assets to private wallets for long-term holding and reducing selling pressure. Historically, this has led to price rallies as once the supply is taken off exchanges it creates upward momentum.

25% Rally Ahead?

DOGE has reached $0.3247 again and speculation of a rally is back. DOGE has used the $0.30 support level for big surges in the past. In fact, DOGE had a 25% run from this level to $0.40.

Most analysts agree that, with extended trading and very strong on-chain indicators, an upward trajectory is imminent. However, overcoming the major resistances at $0.35 and $0.40 would be key to an uptrend.

Dogecoin Holds Strong Despite Market Sell Off
Dogecoin Holds Strong Despite Market Sell Off

Conclusion: DOGE to Recover Despite Market Sell Off

While the broader crypto market is chaotic, Dogecoin holding onto $0.30 support shows its strength. A combination of bullish trading sentiment, reduced exchange supply, and historical performance suggest that DOGE could be gearing up for a potential 25% rally.  

However, traders should remain cautious of key resistance zones and market-wide volatility before making significant moves.  

Stay updated with Deythere as we’re available around the clock, providing you with updated information about the state of the crypto world.

FAQs

1. What’s the current price of Dogecoin?

Dogecoin is trading at $0.3440, down 4.20% in the last 24 hours and up 90% in trading volume, showing increased activity.

2. Why is $0.30 a support level for DOGE?

$0.30 has been a launchpad for the price in the past; DOGE went as high as 25% to $0.40 in one of its cycles.

3. What does the long-to-short ratio of DOGE mean?

The 4.22 long to short on Binance is a very bullish signal as more traders are betting on the price to recover and go up.

4. What impact do exchange outflows have on DOGE’s price?

Like the recent $45.05 million worth of DOGE withdrawn, exchange outflow reduces supply and price goes up with buying pressure.

 

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Secure Your Spot Now: MoonBull Whitelist Moves Fast as the Best Upcoming Crypto While Ponke and Shiba Inu Stay Quiet

Bitcoin Faces Decline as Investors Brace for Next Moves

Get in Before the Gate Shuts: MoonBull’s 100x Crypto Whitelist Accelerates While Pudgy Penguins Dips and Coq Inu Struggles

US Court of Appeals Reboots HEX Manipulation Case Against Binance.US

Moo Deng Gains Passed You By? This Bull-Themed Presale Smashes Records as One of the Top New Meme Coins with 1000X Potential

TAGGED:DOGEDogecoin

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByJane Omada Apeh
Follow:
Omada is an experienced crypto journalist delivering in-depth analysis and insights on the ever-evolving world of cryptocurrency and blockchain. Her expertise spans market trends, regulatory developments, and innovative use cases. She is dedicated to providing accurate and engaging content for crypto enthusiasts and newcomers alike.
Previous Article Italy’s Biggest Bank Bets $1 Million on Bitcoin, Shocking the Financial World Italy’s Biggest Bank’s $1 Million Bitcoin Investment: A Sign of Things to Come?
Next Article image 8 VeChain Isn’t the Only Winner—Qubetics Is Poised to Dominate 2025
Leave a Comment

Leave a Reply Cancel reply

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

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English