The post DOGE Rallies 3% Back Above $0.26 as Traders Target $0.30 appeared on BitcoinEthereumNews.com. Dogecoin bounced sharply in early Sunday trade, recovering from Saturday’s slide to reclaim the $0.26 handle. The move higher came after a mid-session flushout drove price to $0.248 on heavy volume, clearing weak longs before buyers stepped in. DOGE is now consolidating just above $0.26 with traders eyeing the $0.30–$0.33 zone as the next resistance cluster. News Background • DOGE has been trading within a broad $0.24–$0.27 band through September as ETF filings and institutional mining investments build longer-term narratives.• Reports show 2 billion DOGE accumulated by large holders over the past 72 hours, consistent with historical pre-breakout patterns.• Broader crypto markets are stabilizing after last week’s $1.7 billion in liquidations, with DOGE drawing inflows as traders rotate back into high-beta tokens. Price Action Summary • DOGE dropped from $0.254 to $0.248 during Saturday’s mid-session selloff, establishing strong support at $0.247–$0.249.• Volume surged to 485.6M during the capitulation, confirming institutional participation.• The token rebounded into an ascending channel formation, closing near $0.252.• By early Sunday, DOGE had reclaimed $0.26, with consolidation now evident above the level.• Traders flag $0.30 as the next resistance test, with $0.33–$0.40 as breakout targets. Technical Analysis • Support: Strong base around $0.247–$0.249 following heavy-volume rebound.• Resistance: Short-term at $0.265, broader upside targets $0.30–$0.33.• Volume: Spikes at 15:00 (485.6M) and during late-session rallies (>17M in minutes) confirm institutional flows.• Trend: Ascending channel structure forming from $0.248 trough.• Momentum: Final 60-minute advance from $0.251 to $0.252 (+0.5%) signaled continued bid into session close. What Traders Are Watching • Whether DOGE can sustain closes above $0.26 to confirm base-building.• SEC’s pending DOGE ETF rulings — a potential near-term catalyst for institutional adoption.• Whale flows after 2B DOGE accumulation over 72 hours.• Breakout potential toward $0.30–$0.40 if momentum accelerates. Source: https://www.coindesk.com/markets/2025/10/05/doge-rallies-3-back-above-usd0-26-as-traders-target-usd0-30The post DOGE Rallies 3% Back Above $0.26 as Traders Target $0.30 appeared on BitcoinEthereumNews.com. Dogecoin bounced sharply in early Sunday trade, recovering from Saturday’s slide to reclaim the $0.26 handle. The move higher came after a mid-session flushout drove price to $0.248 on heavy volume, clearing weak longs before buyers stepped in. DOGE is now consolidating just above $0.26 with traders eyeing the $0.30–$0.33 zone as the next resistance cluster. News Background • DOGE has been trading within a broad $0.24–$0.27 band through September as ETF filings and institutional mining investments build longer-term narratives.• Reports show 2 billion DOGE accumulated by large holders over the past 72 hours, consistent with historical pre-breakout patterns.• Broader crypto markets are stabilizing after last week’s $1.7 billion in liquidations, with DOGE drawing inflows as traders rotate back into high-beta tokens. Price Action Summary • DOGE dropped from $0.254 to $0.248 during Saturday’s mid-session selloff, establishing strong support at $0.247–$0.249.• Volume surged to 485.6M during the capitulation, confirming institutional participation.• The token rebounded into an ascending channel formation, closing near $0.252.• By early Sunday, DOGE had reclaimed $0.26, with consolidation now evident above the level.• Traders flag $0.30 as the next resistance test, with $0.33–$0.40 as breakout targets. Technical Analysis • Support: Strong base around $0.247–$0.249 following heavy-volume rebound.• Resistance: Short-term at $0.265, broader upside targets $0.30–$0.33.• Volume: Spikes at 15:00 (485.6M) and during late-session rallies (>17M in minutes) confirm institutional flows.• Trend: Ascending channel structure forming from $0.248 trough.• Momentum: Final 60-minute advance from $0.251 to $0.252 (+0.5%) signaled continued bid into session close. What Traders Are Watching • Whether DOGE can sustain closes above $0.26 to confirm base-building.• SEC’s pending DOGE ETF rulings — a potential near-term catalyst for institutional adoption.• Whale flows after 2B DOGE accumulation over 72 hours.• Breakout potential toward $0.30–$0.40 if momentum accelerates. Source: https://www.coindesk.com/markets/2025/10/05/doge-rallies-3-back-above-usd0-26-as-traders-target-usd0-30

DOGE Rallies 3% Back Above $0.26 as Traders Target $0.30

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Dogecoin bounced sharply in early Sunday trade, recovering from Saturday’s slide to reclaim the $0.26 handle.

The move higher came after a mid-session flushout drove price to $0.248 on heavy volume, clearing weak longs before buyers stepped in.

DOGE is now consolidating just above $0.26 with traders eyeing the $0.30–$0.33 zone as the next resistance cluster.

News Background

• DOGE has been trading within a broad $0.24–$0.27 band through September as ETF filings and institutional mining investments build longer-term narratives.
• Reports show 2 billion DOGE accumulated by large holders over the past 72 hours, consistent with historical pre-breakout patterns.
• Broader crypto markets are stabilizing after last week’s $1.7 billion in liquidations, with DOGE drawing inflows as traders rotate back into high-beta tokens.

Price Action Summary

• DOGE dropped from $0.254 to $0.248 during Saturday’s mid-session selloff, establishing strong support at $0.247–$0.249.
• Volume surged to 485.6M during the capitulation, confirming institutional participation.
• The token rebounded into an ascending channel formation, closing near $0.252.
• By early Sunday, DOGE had reclaimed $0.26, with consolidation now evident above the level.
• Traders flag $0.30 as the next resistance test, with $0.33–$0.40 as breakout targets.

Technical Analysis

• Support: Strong base around $0.247–$0.249 following heavy-volume rebound.
• Resistance: Short-term at $0.265, broader upside targets $0.30–$0.33.
• Volume: Spikes at 15:00 (485.6M) and during late-session rallies (>17M in minutes) confirm institutional flows.
• Trend: Ascending channel structure forming from $0.248 trough.
• Momentum: Final 60-minute advance from $0.251 to $0.252 (+0.5%) signaled continued bid into session close.

What Traders Are Watching

• Whether DOGE can sustain closes above $0.26 to confirm base-building.
• SEC’s pending DOGE ETF rulings — a potential near-term catalyst for institutional adoption.
• Whale flows after 2B DOGE accumulation over 72 hours.
• Breakout potential toward $0.30–$0.40 if momentum accelerates.

Source: https://www.coindesk.com/markets/2025/10/05/doge-rallies-3-back-above-usd0-26-as-traders-target-usd0-30

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Solana Price Prediction Stuck at $85 While Pepeto Presale Delivers What Solana Holders Have Been Waiting For

Solana Price Prediction Stuck at $85 While Pepeto Presale Delivers What Solana Holders Have Been Waiting For

The solana price prediction for March 2026 hinges on whether the $80 support holds or breaks, and the data suggests that solana is compressing into the tightest
Share
Techbullion2026/03/08 10:39
Apple (AAPL) Stock Gets $350 Price Target From Wedbush While One Pre-IPO Asset Targets 267x Returns

Apple (AAPL) Stock Gets $350 Price Target From Wedbush While One Pre-IPO Asset Targets 267x Returns

Key Takeaways: In this article, we highlight essential information about Apple (AAPL) Stock. – Wedbush raised Apple (AAPL) stock to a Street high $350 target with
Share
Techbullion2026/03/08 10:03
Shiba Inu Leader Breaks Silence on $2.4M Shibarium Exploit, Confirms Active Recovery

Shiba Inu Leader Breaks Silence on $2.4M Shibarium Exploit, Confirms Active Recovery

The lead developer of Shiba Inu, Shytoshi Kusama, has publicly addressed the Shibarium bridge exploit that occurred recently, draining $2.4 million from the network. After days of speculation about his involvement in managing the crisis, the project leader broke his silence.Kusama emphasized that a special ”war room” has been set up to restore stolen finances and enhance network security. The statement is his first official words since the bridge compromise occurred.”Although I am focusing on AI initiatives to benefit all our tokens, I remain with the developers and leadership in the war room,” Kusama posted on social media platform X. He dismissed claims that he had distanced himself from the project as ”utterly preposterous.”The developer said that the reason behind his silence at first was strategic. Before he could make any statements publicly, he must have taken time to evaluate what he termed a complex and deep situation properly. Kusama also vowed to provide further updates in the official Shiba Inu channels as the team comes up with long-term solutions.Attack Details and Immediate ResponseAs highlighted in our previous article, targeted Shibarium's bridge infrastructure through a sophisticated attack vector. Hackers gained unauthorized access to validator signing keys, compromising the network's security framework.The hackers executed a flash loan to acquire 4.6 million BONE ShibaSwap tokens. The validator power on the network was majority held by them after this purchase. They were able to transfer assets out of Shibarium with this control.The response of Shibarium developers was timely to limit the breach. They instantly halted all validator functions in order to avoid additional exploitation. The team proceeded to deposit the assets under staking in a multisig hardware wallet that is secure.External security companies were involved in the investigation effort. Hexens, Seal 911, and PeckShield are collaborating with internal developers to examine the attack and discover vulnerabilities.The project's key concerns are network stability and the protection of user funds, as underlined by the lead developer, Dhairya. The team is working around the clock to restore normal operations.In an effort to recover the funds, Shiba Inu has offered a bounty worth 5 Ether ($23,000) to the hackers. The bounty offer includes a 30-day deadline with decreasing rewards after seven days.Market Impact and Recovery IncentivesThe exploit caused serious volatility in the marketplace of Shiba Inu ecosystem tokens. SHIB dropped about 6% after the news of the attack. However, The token has bounced back and is currently trading at around $0.00001298 at the time of writing.SHIB Price Source CoinMarketCap
Share
Coinstats2025/09/18 02:25