Memes Archives - CoinCentral https://coincentral.com/news/memes/ Your Bitcoin, Ethereum, and other Cryptocurrency HQ Fri, 16 May 2025 09:07:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://coincentral.com/wp-content/uploads/2025/02/cropped-CCIcon-32x32.png Memes Archives - CoinCentral https://coincentral.com/news/memes/ 32 32 Dogecoin (DOGE) Price: New ATH in Sight as Whale Activity Surges, What’s Next? https://coincentral.com/dogecoin-doge-price-bulls-target-new-all-time-highs-as-whale-activity-surges/ Fri, 16 May 2025 08:56:07 +0000 https://coincentral.com/?p=38772 TLDR DOGE has surged nearly 50% in the past month, reaching $0.225 after bottoming at $0.13 in early April Whales have accumulated over 1 billion DOGE (worth $220+ million) in the last month Technical analysts predict potential targets between $0.69 and $1.00 by summer’s end The $0.205 resistance level has flipped to support, strengthening the [...]

The post Dogecoin (DOGE) Price: New ATH in Sight as Whale Activity Surges, What’s Next? appeared first on CoinCentral.

]]>
TLDR
  • DOGE has surged nearly 50% in the past month, reaching $0.225 after bottoming at $0.13 in early April
  • Whales have accumulated over 1 billion DOGE (worth $220+ million) in the last month
  • Technical analysts predict potential targets between $0.69 and $1.00 by summer’s end
  • The $0.205 resistance level has flipped to support, strengthening the bullish case
  • Active addresses and transaction volumes show increasing network activity, supporting upward momentum

Dogecoin has experienced a price recovery in recent weeks, surging almost 50% over the past month. After hitting a low of $0.13 in early April, the popular meme cryptocurrency has rebounded strongly and now trades around $0.225.

 DogecoinDOGE Price
Dogecoin
DOGE Price

The price action shows DOGE consolidated around $0.16 for about a month after its April bottom. Then on May 8, it began a sharp upward move alongside the broader crypto market.

This momentum carried DOGE to a peak of $0.26 on May 11, though it has since pulled back about 13.5% to current levels.

On-chain data reveals several bullish signals that could support further upside movement. Crypto analyst Ali Martinez highlighted three key metrics showing growing activity: active addresses, transaction volumes, and whale accumulation.

Whale Activity Surges

Perhaps the most telling metric is whale activity. Large market participants have accumulated over 1 billion DOGE in the past month alone.

At the current price of $0.225, this whale accumulation represents more than $220 million worth of Dogecoin.

This level of buying from large holders often precedes significant price movements. Whales typically accumulate during periods they believe represent good value before a potential upward move.

The increase in active addresses also indicates growing interest in the network. Higher transaction volumes further support this thesis of increasing adoption and use.

DOGE is currently attempting to break through what Martinez describes as “a major area of resistance.” If reclaimed, this could “spark a new bull run” for the meme coin.

Technical Breakout

From a technical perspective, DOGE has broken free from its multi-month downtrend. The cryptocurrency pushed through a key descending trendline that had suppressed its price action since February 2025.

One analyst noted that DOGE broke through the Ichimoku Cloud on the daily chart, signaling strong bullish momentum that could force bearish traders to reconsider their positions.

Several price targets have emerged from technical analysis. Fibonacci Extension targets range between $0.69068 (1.618 Fib) and $0.82324 (2.0 Fib).

Some analysts are even more optimistic, calling for a $1 price target by the end of summer. This would represent a 355% increase from current levels and would establish a new all-time high for DOGE.

The $0.205 resistance level has now flipped to become support, creating a floor that could prevent deep pullbacks if price weakness occurs.

Traders are closely watching key support zones. The area near $0.20 appears critical for maintaining bullish momentum. A break below could lead to further losses, with some analysts pointing to $0.194 as a potential target if support fails.

Another view suggests monitoring the $0.205 and $0.18 support zones. Failure to hold these levels could damage the current bullish narrative.

Analyst MMBTrader emphasized the importance of the $0.405 resistance level. A breakthrough here would make the market “extremely bullish,” potentially opening the path toward long-term targets of $0.755 and $1.00.

In the short term, crypto analyst Crypto Thies believes DOGE may enter a consolidation phase, possibly retesting the $0.20-$0.21 support region before continuing higher toward $0.30.

The price reached its recent high of $0.26 on May 11 before facing rejection. DOGE now trades around $0.225 as the market assesses whether this is a temporary pullback in a larger uptrend or the beginning of a deeper correction.

The post Dogecoin (DOGE) Price: New ATH in Sight as Whale Activity Surges, What’s Next? appeared first on CoinCentral.

]]>
Pepe (PEPE) Price Prediction & Analysis: Consolidating After Recent Run, What’s next? https://coincentral.com/pepe-pepe-price-prediction-analysis-consolidating-after-recent-run-whats-next/ Fri, 16 May 2025 08:19:14 +0000 https://coincentral.com/?p=38756 TLDR TD Sequential indicator has flashed a sell signal as PEPE approaches resistance at the 1.272 Fibonacci extension RSI has dropped to 68.82 from above 75, indicating reduced buying pressure MACD histogram is contracting, suggesting waning momentum PEPE is currently trading at $0.000014, down 1.78% over 24 hours The cryptocurrency has a market cap of [...]

The post Pepe (PEPE) Price Prediction & Analysis: Consolidating After Recent Run, What’s next? appeared first on CoinCentral.

]]>
TLDR
  • TD Sequential indicator has flashed a sell signal as PEPE approaches resistance at the 1.272 Fibonacci extension
  • RSI has dropped to 68.82 from above 75, indicating reduced buying pressure
  • MACD histogram is contracting, suggesting waning momentum
  • PEPE is currently trading at $0.000014, down 1.78% over 24 hours
  • The cryptocurrency has a market cap of approximately $5.71 billion, ranking 25th overall

PEPE, the popular meme cryptocurrency, appears to be losing momentum after a strong rally in mid-April 2025. Several technical indicators now point to a potential short-term pullback or consolidation phase.

The TD Sequential indicator, a tool used to identify potential price reversals, has recently flashed a sell signal on PEPE’s daily chart. This indicator has previously provided accurate predictions for PEPE price movements.

The sell signal comes as PEPE approaches resistance at the 1.272 Fibonacci extension level, approximately $0.00000168.

Trading analyst Ali Martinez highlighted this development on social media platform X, noting the appearance of a red “1” indicator and a downward-pointing arrow on the daily chart.

Historical Pattern Recognition

The current technical setup follows a structured advance from the $0.00000045 level in April. PEPE has followed a series of Fibonacci retracement moves throughout its recent price action.

After hitting resistance at the 0.618 level (around $0.00000103), PEPE pulled back before finding support and regaining strength.

A bounce from the 0.382 support level led to another breakout above the 1.0 Fibonacci extension near $0.00000134. The token later peaked at approximately $0.00000168 near the 1.272 extension.

This pattern of peaks and valleys has been clearly marked by the TD Sequential indicator. On May 2nd, a green signal (A13) correctly predicted a price increase. A red “1” appeared on April 27th, indicating a temporary peak followed by a decline.

The day after this pullback, a green “1” appeared on May 5th, preceding a strong price growth period. The most recent red “1” appeared on May 14th, suggesting another potential drop.

 PepePEPE Price
Pepe
PEPE Price

Supporting Technical Evidence

Multiple momentum indicators are confirming the slowing price momentum for PEPE.

The Relative Strength Index (RSI), which had previously surged above 75 during the rally, has now fallen to 68.82. This represents a drop below the overbought zone of 70, indicating easing buying pressure.

While these RSI levels still reflect bullish territory, the downward shift suggests that the strength behind PEPE’s upward movement may be softening. The 14-day average RSI stands at 67.23.

The Moving Average Convergence Divergence (MACD) chart provides further evidence of the slowing momentum. Although the MACD line remains above the signal line (0.00000155 versus 0.00000114), the histogram bars have started to contract.

This reduction in the histogram suggests weakening trend strength and raises the possibility of a bearish crossover if the MACD line falls below the signal line.

PEPE is currently trading at $0.000014, reflecting a 1.78% decline over the past 24 hours. Its market capitalization stands at approximately $5.71 billion, ranking it 25th overall in the cryptocurrency market.

The 24-hour trading volume for PEPE exceeds $1.16 billion, showing continued interest in the meme cryptocurrency despite the warning signs.

Traders who currently hold PEPE positions may want to consider securing recent profits or setting stop-loss orders given the emerging technical signals. The cryptocurrency is trading above the 1.618 Fibonacci extension, which serves as a major resistance point.

While these technical indicators don’t guarantee a price drop, they suggest caution for traders and investors in the near term.

The post Pepe (PEPE) Price Prediction & Analysis: Consolidating After Recent Run, What’s next? appeared first on CoinCentral.

]]>
Dogecoin (DOGE) Price: Chart Pattern Suggests Golden Run Has Begun https://coincentral.com/dogecoin-doge-price-chart-pattern-suggests-golden-run-has-begun/ Thu, 15 May 2025 08:35:12 +0000 https://coincentral.com/?p=38464 TLDR Dogecoin has broken out of a Descending Channel pattern, suggesting a shift from bearish to bullish momentum Active addresses surged by 528% to 469,477 following SEC acknowledgment of 21Shares’ spot DOGE ETF filing Futures open interest rose 70% to $1.65 billion despite price pullbacks, indicating strong speculative interest On-chain data shows $0.36 as the [...]

The post Dogecoin (DOGE) Price: Chart Pattern Suggests Golden Run Has Begun appeared first on CoinCentral.

]]>
TLDR
  • Dogecoin has broken out of a Descending Channel pattern, suggesting a shift from bearish to bullish momentum
  • Active addresses surged by 528% to 469,477 following SEC acknowledgment of 21Shares’ spot DOGE ETF filing
  • Futures open interest rose 70% to $1.65 billion despite price pullbacks, indicating strong speculative interest
  • On-chain data shows $0.36 as the next major resistance level where 3.8% of tokens were last purchased
  • Technical analysts project price targets ranging from $0.34 to $0.6 based on various chart patterns

Dogecoin has broken free from its downward trend, sparking optimism among investors and analysts. The popular meme cryptocurrency has shown strong technical signals that point to a potential upward move.

The crypto recently broke out of a Descending Channel pattern on the 3-day chart. This breakout marks a possible shift from bearish to bullish momentum.

Before this Descending Channel, DOGE was trading within a Falling Wedge pattern in late 2023. It confirmed this pattern by breaking to the upside, triggering a rally that peaked near $0.45.

Since then, Dogecoin had been trading within the Descending Channel. After multiple rejections at the upper boundary, the price finally broke through with conviction.

Dogecoin faces minimal overhead resistance based on its current bullish structure.

Network Activity Explosion

On-chain data reveals extraordinary growth in Dogecoin’s network activity. On May 13, DOGE witnessed a 528% increase in active addresses, soaring from 74,640 to 469,477.

This surge followed an update to 21Shares’ filing for a spot Dogecoin ETF. The SEC acknowledged this filing, with the financial services firm confirming the development on May 14.

The filing aims to track DOGE’s price and aligns with similar efforts by Bitwise and Grayscale. This suggests potential mainstream adoption for the meme cryptocurrency.

The news fueled market optimism and led to a rise in Dogecoin’s network activity. This kind of address growth often precedes price movements.

Futures markets are also showing strong interest in DOGE. Glassnode reported that DOGE futures open interest rose 70% over the past week, climbing from $989 million to $1.65 billion.

This increase occurred despite a price pullback from recent highs. The decoupling of open interest and price suggests persistent speculative positioning.

DOGE has also seen strong spot-buyer demand. Reports indicate that DOGE’s spot taker 90-day cumulative volume delta is currently “taker buyer dominant.”

This reflects more aggressive buying than selling since early March. A similar pattern preceded a 385% rally to $0.48 in Q4 2024.

 DogecoinDOGE Price
Dogecoin
DOGE Price

Key Price Levels to Watch

On-chain analyst Ali Martinez has identified key Dogecoin levels using the UTXO Realized Price Distribution. This metric shows how much of the asset’s supply was last purchased at different price levels.

The data reveals that there aren’t any notable cost basis centers immediately above the current price until $0.36. At this level, investors last bought about 3.8% of all DOGE tokens in existence.

This suggests that $0.36 could be a major resistance level for Dogecoin in its current uptrend. Below the current price, the closest support level stands out around $0.21, which hosts the acquisition point of 7.5% of the DOGE supply.

Crypto analyst Trader Tardigrade noted that DOGE has hit a key resistance level around $0.24. A brief consolidation is expected over the next few days.

A breakout above this resistance could propel DOGE to $0.40, signaling healthy upward momentum.

Meanwhile, Dogecoin proponent Kriss Pax highlighted an inverse head-and-shoulders pattern on the 1-day chart. This pattern suggests a potential surge to $0.42.

Another analyst, Ace of Trades, indicates that DOGE is showing early signs of a major trend reversal. Based on the Wyckoff market schematic, the analyst suggests that the meme coin has officially exited the accumulation zone and entered the mark-up phase on the weekly chart.

For most of 2022 and 2023, Dogecoin traded sideways in the accumulation zone. However, recent bullish activity has pushed its price firmly into the mark-up territory.

If momentum holds, DOGE could continue its upward trajectory toward the upper boundary of the mark-up zone, with the next key resistance at $0.34. Beyond that, the path to the distribution zone above $0.60 becomes clearer if volume and market interest continue to grow.

At the time of writing, Dogecoin is trading around $0.237, up more than 37% in the last seven days.

The post Dogecoin (DOGE) Price: Chart Pattern Suggests Golden Run Has Begun appeared first on CoinCentral.

]]>
Dogecoin (DOGE) Price: Technical Indicators Turn Bullish, What’s Next? https://coincentral.com/dogecoin-doge-price-technical-indicators-turn-bullish-whats-next/ Wed, 14 May 2025 09:12:01 +0000 https://coincentral.com/?p=38107 TLDR DOGE experienced a 10% price drop, touching $0.217 before recovering to $0.227 Over $22.5 million in liquidations occurred with $19 million from long positions Currently ranks as 8th largest crypto with $33.7 billion market cap Technical charts show a bullish trend line forming with support at $0.235 Price may target $0.265 if it can [...]

The post Dogecoin (DOGE) Price: Technical Indicators Turn Bullish, What’s Next? appeared first on CoinCentral.

]]>
TLDR
  • DOGE experienced a 10% price drop, touching $0.217 before recovering to $0.227
  • Over $22.5 million in liquidations occurred with $19 million from long positions
  • Currently ranks as 8th largest crypto with $33.7 billion market cap
  • Technical charts show a bullish trend line forming with support at $0.235
  • Price may target $0.265 if it can overcome the $0.245 resistance barrier

The popular memecoin Dogecoin has been on a rollercoaster ride this week, first climbing above $0.25 before experiencing a sharp 10% correction. Market data shows DOGE plummeted to a low of $0.217 before finding support and bouncing back to the $0.227 level.

This price action placed DOGE among the worst performers in the top cryptocurrency rankings over the past 24 hours. However, zooming out to a weekly timeframe tells a different story, with the coin still boasting gains of more than 34% over the past seven days.

The recent price drop triggered a wave of liquidations across derivatives exchanges. According to data from CoinGlass, Dogecoin saw $22.5 million worth of contracts liquidated in a single day, ranking fourth in total liquidation volume across the entire crypto market.

Long traders were hit particularly hard, with over $19 million in long positions being forcefully closed as prices declined. This liquidation volume, while substantial for DOGE, was still overshadowed by Bitcoin and Ethereum, which experienced $154 million and $136 million in liquidations respectively.

Dogecoin currently maintains its position as the eighth-largest cryptocurrency by market capitalization. With a market cap of $33.7 billion, it continues to rank ahead of Cardano in the top cryptocurrency rankings.

Dogecoin (DOGE) Price
Dogecoin (DOGE) Price

Price Analysis

After the sharp decline, DOGE appears to be finding its footing around the $0.227 level. The price found strong support near $0.217, allowing bulls to stage a recovery above the $0.225 resistance zone.

Chart analysis shows that buyers have pushed the price above the 50% Fibonacci retracement level calculated from the recent downward move that took DOGE from $0.2531 to $0.2173. A bullish trend line has formed with support visible at $0.235 on hourly charts.

The price is now trading above both the $0.235 level and the 100-hour simple moving average, which many traders view as a positive technical development. This positioning could serve as a foundation for further upward movement.

The immediate resistance on the upside appears at $0.240. Beyond that, a more critical resistance zone exists near $0.244, coinciding with the 76.4% Fibonacci retracement level of the recent downward move.

Should buyers manage to push prices above this zone, the next major resistance would be at $0.253. A successful close above this level could potentially open the path toward the $0.265 zone, with further targets at $0.272 and $0.285.

Technical indicators are starting to lean bullish. The MACD for DOGE/USD is gaining momentum in the positive zone, while the Relative Strength Index (RSI) has climbed above the 50 level, suggesting increased buying interest.

However, the recovery is not guaranteed. If DOGE fails to break above the $0.244 resistance level, another decline may unfold. In such a scenario, initial support would be found near $0.235, with stronger support around $0.225.

The critical support level sits at $0.215. A break below this level could trigger further selling, potentially pushing prices down to test the $0.20 level or even drop to $0.188 in the near term.

The post Dogecoin (DOGE) Price: Technical Indicators Turn Bullish, What’s Next? appeared first on CoinCentral.

]]>
Pepe Coin (PEPE) Price: Can Retail Enthusiasm Overcome Whale Profit-Taking? https://coincentral.com/pepe-coin-pepe-price-can-retail-enthusiasm-overcome-whale-profit-taking/ Wed, 14 May 2025 09:08:26 +0000 https://coincentral.com/?p=38104 TLDR PEPE surged 84% in recent days, pushing its market cap to $5.9 billion Price action has formed a double top pattern at the $0.000015 level Whale transactions increased by 257% on May 12, reaching 720 large transfers PEPE remains the third-largest memecoin, behind only DOGE and SHIB Despite pullback, 72% of traders on Binance [...]

The post Pepe Coin (PEPE) Price: Can Retail Enthusiasm Overcome Whale Profit-Taking? appeared first on CoinCentral.

]]>
TLDR
  • PEPE surged 84% in recent days, pushing its market cap to $5.9 billion
  • Price action has formed a double top pattern at the $0.000015 level
  • Whale transactions increased by 257% on May 12, reaching 720 large transfers
  • PEPE remains the third-largest memecoin, behind only DOGE and SHIB
  • Despite pullback, 72% of traders on Binance maintain bullish long positions

PEPE has experienced a slight pullback after its remarkable surge last week. Trading at $0.00001399, the token is down 3.19% in the last 24 hours, a cooling off period that follows an impressive 84% rise over the past few days.

This price movement comes as the overall memecoin sector continues to heat up, with total market capitalization growing from $55 billion to $72.2 billion in less than two weeks.

The recent price action in PEPE has formed what technical analysts describe as a double top pattern, with two failed attempts to break above the $0.000015 psychological barrier.

This technical formation often signals potential exhaustion in buying momentum and may hint at a forthcoming correction.

On-chain data reveals an interesting development that supports the cautious outlook. Whale transactions, defined as transfers exceeding $100,000 in value, spiked dramatically by 257% on May 12.

The number of these large transactions reached 720 on that day, coinciding exactly with PEPE’s price peak at $0.000015.

PEPE Price
PEPE Price

Market Dynamics Show Mixed Signals

Historical patterns suggest that when whale transaction counts approach or exceed 800 after a strong uptrend, it often indicates large holders are taking profits.

Previous instances of this behavior in May, November, and December 2024 were followed by price corrections.

Despite these warning signs, retail enthusiasm remains strong. PEPE’s holder count has grown to over 432,000 addresses, suggesting continued grassroots support for the token.

The coin’s journey over the past month has been nothing short of spectacular. Starting from around $0.0000075 on May 6, PEPE doubled in value to reach $0.000015 by May 12.

This growth has cemented its position as the third-largest memecoin by market capitalization, trailing only the industry giants Dogecoin (DOGE) and Shiba Inu (SHIB).

PEPE’s market cap expansion from $2.4 billion in March to its current $5.9 billion demonstrates the explosive growth potential of popular memecoins during favorable market conditions.

Technical Indicators Point to Potential Pullback

Technical analysis of PEPE’s price chart reveals several concerning indicators for short-term holders.

The Relative Strength Index (RSI) shows a bearish divergence, declining from overbought territory toward the midpoint while the price attempted to maintain its uptrend.

The MACD indicator has formed a negative crossover, with both the MACD and signal lines trending lower, suggesting increasing bearish momentum.

If PEPE breaks below the $0.00001274 support level, technical projections estimate a potential 25% decline toward $0.00001063.

However, this bearish scenario would be invalidated if buyers push the price above the $0.000015 resistance level.

Current RSI readings stand at 84.16, placing PEPE firmly in overbought territory. This condition typically precedes consolidation periods, which can be healthy during strong upward trends.

Trader Sentiment Remains Bullish Despite Warning Signs

Derivatives market data tells an interesting story about trader sentiment. Despite the technical warning signs, 72% of PEPE traders on Binance maintain long positions.

This has pushed the long/short ratio to 2.57, indicating strong bullish sentiment among retail traders.

Open interest remains near record highs at $583 million, showing sustained trader engagement with the token.

However, in the past 24 hours, PEPE’s trading volume has dropped by over 20%, and open interest has declined by 11.42%.

This cooling activity has resulted in more than $4.71 million in long position liquidations, suggesting some traders are beginning to take profits or get stopped out of positions.

The post Pepe Coin (PEPE) Price: Can Retail Enthusiasm Overcome Whale Profit-Taking? appeared first on CoinCentral.

]]>
Pepe Coin (PEPE) Price: Green Frog Leaps Past DOGE and SHIB with 68% Weekly Gains https://coincentral.com/pepe-coin-pepe-price-green-frog-leaps-past-doge-and-shib-with-68-weekly-gains/ Tue, 13 May 2025 09:59:27 +0000 https://coincentral.com/?p=37776 TLDR Pepe Coin has surged 68% in the past week, outperforming major meme coins like Dogecoin and Shiba Inu PEPE is trading near $0.000015 with technical analysis suggesting potential for 80% upside after a retest Whale activity has increased dramatically with 750% surge in large transactions ($1M-$10M range) Open Interest reached an all-time high of [...]

The post Pepe Coin (PEPE) Price: Green Frog Leaps Past DOGE and SHIB with 68% Weekly Gains appeared first on CoinCentral.

]]>
TLDR
  • Pepe Coin has surged 68% in the past week, outperforming major meme coins like Dogecoin and Shiba Inu
  • PEPE is trading near $0.000015 with technical analysis suggesting potential for 80% upside after a retest
  • Whale activity has increased dramatically with 750% surge in large transactions ($1M-$10M range)
  • Open Interest reached an all-time high of $583 million, indicating growing trader confidence
  • RSI is in overbought territory at 85.40, which could signal a short-term correction

Pepe Coin (PEPE) has experienced an impressive rally in recent days, surging 68% over the past week as Bitcoin reclaimed the $104,000 level.

The meme coin is now trading around $0.000015, significantly outperforming other popular meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), which posted gains of 32% and 21% respectively.

The recent price action has helped PEPE recover more than 50% of its losses from the first quarter of 2025. This strong performance comes as the broader meme coin market reached a 30-day high of $76.13 billion in total value.

PEPE’s current price stands at approximately $0.00001334, following a slight intraday pullback of 2.11% from its 7-day high of $0.00001539. Chart analysis shows a doji candle formed on Monday, suggesting some indecision in the market as the coin enters what appears to be a breather phase.

Technical indicators paint a mixed picture for PEPE’s short-term outlook. The coin has failed to break above the 61.80% Fibonacci level at $0.00001426, hinting at a potential retest of the 50% level at $0.00001178.

PEPE Price
PEPE Price

Whale Activity Surges

One of the most telling signals of growing interest in PEPE comes from whale activity data. According to IntoTheBlock, transactions between $1 million and $10 million have increased by an eye-catching 750%. Transactions ranging from $100,000 to $1 million have also seen a substantial increase of 177.94%.

This surge in large transactions suggests that big players in the crypto market are taking positions in PEPE, possibly betting on continued upward momentum. The increased whale interest coincides with retail investor participation, pushing trading volume up by 40%.

Blockchain transaction tracker Lookonchain reported that a crypto whale initially went long on TRUMP before quickly closing that position and opening a new 10x leveraged long position on PEPE. This trader reportedly holds an unrealized profit of $81,000 from this move.

PEPE’s price is currently testing the key resistance level of $0.000015, a point at which it previously encountered selling pressure. However, market sentiment appears stronger this time, backed by the surge in whale interest.

Technical analysis suggests that if PEPE breaks past this resistance and closes a daily candle above $0.0000155, it could gain another 38%, potentially reaching the next resistance at $0.00002140.

The prevailing triangle breakout rally could regain momentum after a retest, putting the triangle breakout price target of $0.00002209 back on bullish traders’ radars. This would represent an 80% upside from the retest level.

PEPE’s price remains above the 200-day Exponential Moving Average (EMA), with the 50-day and 100-day EMAs hinting at a bullish crossover. This could trigger a buy signal and increase golden crossover chances.

On the derivatives front, PEPE’s Open Interest has reached an all-time high of $583 million, indicating rising trader confidence. The weighted funding rate has also reached a record high in 2025 at 0.0272%, reflecting increasing bullish sentiment in trading activity.

Despite these positive signals, some caution is warranted. PEPE’s Relative Strength Index (RSI) is at 85.40, placing it firmly in overbought territory. This suggests a possible price correction in the coming days.

12-hour long liquidations have spiked to nearly $5 million as PEPE fluctuates and fails to cross immediate resistance. This could damage the rising Open Interest and funding rate, making a retest seem more likely in the short term.

If PEPE experiences a steeper pullback below the 50% Fibonacci level, it could retest the 200-day EMA at $0.00001057. The $0.0000090 support zone remains an important level for the meme coin.

A drop below $0.0000090 would negate the triangle breakout rally bounce back chances and might lead to a retest of $0.0000074.

With Bitcoin’s rally potentially providing additional momentum, PEPE’s current price action represents a key moment for the meme coin. Technical signals suggest a retest may be imminent, but this could present a buying opportunity for investors confident in PEPE’s longer-term prospects.

The post Pepe Coin (PEPE) Price: Green Frog Leaps Past DOGE and SHIB with 68% Weekly Gains appeared first on CoinCentral.

]]>
Dogecoin (DOGE) Price: Traders Eye 180% Jump as Bitcoin Strength Continues https://coincentral.com/dogecoin-doge-price-traders-eye-180-jump-as-bitcoin-strength-continues/ Tue, 13 May 2025 09:13:40 +0000 https://coincentral.com/?p=37756 TLDR Dogecoin has surged 38% in May, its strongest monthly performance this year Spot-buyer volumes have been dominant since March, indicating strong market demand Technical analysts predict a potential 180% rally with targets at $0.65 and $1 A bullish MACD crossover signals possible significant gains ahead One analyst projects Dogecoin could reach $1.05 as early [...]

The post Dogecoin (DOGE) Price: Traders Eye 180% Jump as Bitcoin Strength Continues appeared first on CoinCentral.

]]>
TLDR
  • Dogecoin has surged 38% in May, its strongest monthly performance this year
  • Spot-buyer volumes have been dominant since March, indicating strong market demand
  • Technical analysts predict a potential 180% rally with targets at $0.65 and $1
  • A bullish MACD crossover signals possible significant gains ahead
  • One analyst projects Dogecoin could reach $1.05 as early as June 2025, comparing current patterns to 2017 cycle

Dogecoin has experienced a remarkable price increase in recent weeks, with May delivering the memecoin’s strongest monthly performance of 2025. The popular cryptocurrency has gained 38% this month, rallying alongside Ethereum in a synchronized upward movement that has caught the attention of traders and analysts.

According to data from CoinGecko, DOGE recorded $4.7 billion in trading volume over a 24-hour period, ranking fifth among top cryptocurrencies when excluding stablecoins.

Dogecoin
DOGE Price

Dogecoin
DOGE Price

On-chain metrics paint a picture of growing momentum. CryptoQuant data shows that DOGE’s spot taker 90-day cumulative volume delta has been “taker buyer dominant,” indicating more aggressive buying than selling.

This pattern was last observed in November 2024, which preceded DOGE’s breakout rally of 385% to $0.48 in Q4 2024.

The long-term holder net unrealized profit/loss recently crossed above 0.5 for the first time since March 1, 2025, shifting to “belief” sentiment. This metric suggests most long-term holders are in profit, which often leads to reduced selling pressure as investors hold for potentially higher gains.

Together, these metrics point to strong market demand with investors actively accumulating Dogecoin, likely fueling its recent price appreciation.

Historical Patterns Point to Potential Rally

Technical analysis from several prominent crypto traders suggests DOGE may be on the verge of another parabolic move.

Anonymous analyst Trader Tardigrade highlighted a bullish outlook for the DOGE/BTC trading pair, noting similarities to a previous pattern when DOGE surged 30,000% from $0.0024 to $0.739.

Trader Tardigrade also pointed out that Dogecoin has exhibited a weekly MACD bullish crossover for the third time since 2024. Past instances of this signal were followed by dramatic price increases – jumping 180% between January and March 2024, and 385% between September and December 2024.

Crypto trader Javon Marks set an immediate target of $0.65 for Dogecoin, which would mark its highest price since May 2021. “DOGE now showing major strength after setting higher lows! $0.6533 can be coming in another nearly +180% upside and prices could even break above, bringing $1+ into play,” Marks stated.

The correlation between Dogecoin and Bitcoin remains strong at approximately 0.67 over the past three months, according to Macroaxis data. This relationship suggests that Bitcoin’s movements will continue to influence DOGE’s price trajectory.

June Price Target of $1.05

Crypto analyst Master Kenobi has made an even more bullish prediction, suggesting Dogecoin could reach $1.05 as early as June 2025.

Kenobi’s analysis draws parallels between current price action and the 2017 cycle, but with an accelerated timeline. He notes that the 2017 pattern showed a 220% gain over 70 days, followed by an 850% breakout to a new all-time high.

The current structure shows a similar pattern but at twice the speed, with the initial phase compressed to 35 days and the expected bullish breakout phase projected to last just 22 days.

At the time of writing, Dogecoin is trading at $0.244, up 6% in the past 24 hours. To reach the projected $1.05 target, DOGE would need to maintain and intensify its current momentum.

Kenobi suggests this prediction fits within a broader expected upward move for many altcoins toward late May and early June, with Dogecoin potentially leading the charge as one of the market’s most popular altcoins.

As Bitcoin continues to approach new all-time highs, all eyes remain on Dogecoin to see if these bullish predictions will materialize in the coming weeks.

The post Dogecoin (DOGE) Price: Traders Eye 180% Jump as Bitcoin Strength Continues appeared first on CoinCentral.

]]>
Memecoins Set Poor Example for Crypto, Says Billionaire Mark Cuban https://coincentral.com/memecoins-set-poor-example-for-crypto-says-billionaire-mark-cuban/ Fri, 09 May 2025 17:40:15 +0000 https://coincentral.com/?p=37062 TLDR Mark Cuban strongly criticized the rise of memecoins in the crypto market. He said memecoins mislead people about the true purpose and value of cryptocurrency. Cuban expressed concern that gaming-related TVL distracts from real blockchain innovation. He supported regulatory changes introduced under Donald Trump’s administration. Trump Media and Technology Group launched a memecoin called [...]

The post Memecoins Set Poor Example for Crypto, Says Billionaire Mark Cuban appeared first on CoinCentral.

]]>
TLDR
  • Mark Cuban strongly criticized the rise of memecoins in the crypto market.
  • He said memecoins mislead people about the true purpose and value of cryptocurrency.
  • Cuban expressed concern that gaming-related TVL distracts from real blockchain innovation.
  • He supported regulatory changes introduced under Donald Trump’s administration.
  • Trump Media and Technology Group launched a memecoin called $TRUMP in January.

Billionaire entrepreneur Mark Cuban raised concerns over the growing influence of memecoins in the cryptocurrency industry. He stated that memecoins distract from the real purpose of blockchain and crypto innovation. Cuban emphasized that this trend misleads new users and limits the understanding of crypto’s actual value.

Memecoins Distract from Real Crypto Use

Mark Cuban expressed disappointment in how memecoins dominate attention while projects with true utility receive less focus. He argued that the rising popularity of memecoins harms the credibility of the crypto space. As a result, newcomers struggle to grasp the legitimate use cases of blockchain.

He also noted that the focus on gaming-related total value locked (TVL) statistics creates confusion around what crypto can achieve long term. Cuban said such trends overshadow blockchain applications in finance, supply chains, and smart contracts. While digital assets evolve, memecoins continue drawing attention away from practical solutions.

Cuban clarified that memecoins reduce trust in the ecosystem and present crypto as speculative rather than transformational. Though some embrace memecoins for quick gains, he warned this approach could harm broader adoption. Therefore, he urged a shift back to building meaningful, utility-driven crypto platforms.

Trump’s DJT Holdings and $TRUMP Coin Under Scrutiny

Donald Trump’s media group recently entered the crypto market through DJT, a company now associated with memecoins. Trump transferred his DJT shares to a trust led by Donald Trump Jr. before taking office. This structure aims to manage any conflict of interest during his political career.

DJT owns a significant share in World Liberty, which controls the distribution of a new memecoin named $TRUMP. The business receives much coin sale revenue under the existing arrangement. Moreover, Eric Trump and Donald Trump Jr. oversee the entity’s strategic decisions.

$TRUMP launched in January and quickly gained momentum, growing over 1,000% since its debut. Memecoins like $TRUMP attract speculative attention, overshadowing more stable digital assets. Cuban’s criticism highlights how such rapid growth distorts the broader public perception of crypto’s true capabilities.

Cuban Supports Crypto Regulation But Warns of Misuse

Despite concerns over memecoins, Cuban welcomed recent crypto-related regulatory developments in the United States. He acknowledged steps taken by President Trump to improve oversight in the sector. Cuban believes regulatory clarity is essential to build a trustworthy and secure crypto environment.

He specifically mentioned the need for reform within the Securities and Exchange Commission (SEC), calling changes long overdue. Cuban suggested that the agency should now move toward supporting innovation while protecting users.

The post Memecoins Set Poor Example for Crypto, Says Billionaire Mark Cuban appeared first on CoinCentral.

]]>
Dogecoin (DOGE) Price Prediction & Analysis: Meme Coin King Ready for a Move to $1? https://coincentral.com/dogecoin-doge-price-prediction-analysis-meme-coin-king-ready-for-a-move-to-1/ Fri, 09 May 2025 08:36:50 +0000 https://coincentral.com/?p=36791 TLDR Dogecoin is currently trading at approximately $0.18, up 7.2% for the week Technical analyst Maelius sees DOGE forming a nested Elliott Wave pattern that could drive price to $1 DOGE is holding above its 200-week EMA with a fresh bullish momentum cross on the WaveTrend Oscillator The recent US Federal Reserve decision to keep [...]

The post Dogecoin (DOGE) Price Prediction & Analysis: Meme Coin King Ready for a Move to $1? appeared first on CoinCentral.

]]>
TLDR
  • Dogecoin is currently trading at approximately $0.18, up 7.2% for the week
  • Technical analyst Maelius sees DOGE forming a nested Elliott Wave pattern that could drive price to $1
  • DOGE is holding above its 200-week EMA with a fresh bullish momentum cross on the WaveTrend Oscillator
  • The recent US Federal Reserve decision to keep rates unchanged has contributed to DOGE’s price increase

Dogecoin has spent nearly three years consolidating after its 2021 price peak. Now, technical indicators suggest the popular meme coin may be poised for a major breakout. According to analyst Maelius, DOGE is showing promising signs on the weekly chart.

The DOGE/USDT pair on Binance is currently printing a weekly candle at $0.1828, representing a 7.2% increase for the week. Two key moving averages frame the current structure: the 50-week exponential moving average (EMA-50) at $0.203 and the rising 200-week EMA at $0.138.

Price briefly dipped below the EMA-50 earlier this year. However, it never lost the EMA-200, which now sits inside a broad demand zone ranging from approximately $0.11 to $0.20.

An ascending trend-line connecting the October 2023, August 2024, and April 2025 swing-lows provides additional support. The most recent pullback bounced almost precisely at the intersection of this diagonal with the EMA-200 and the lower edge of the demand zone.

This area of triple confluence is often viewed by technical analysts as an ideal launching point for the next advance.

DogecoinDOGE Price
Dogecoin
DOGE Price

Elliott Wave Projection

Maelius bases his analysis on a nested Elliott Wave count. The pattern shows a “1-2, 1-2” sequence that began with a move to $0.2288 in March 2024, retraced to $0.0805 in August, then rallied to nearly $0.4843 in December before correcting to $0.1298 in April 2025.

In Elliott Wave theory, consecutive 1-2 structures often precede a powerful third wave. Maelius projects DOGE to reach approximately $1 during this third wave.

After this move, he forecasts a fourth-wave correction below $0.70, followed by a fifth wave potentially reaching between $1.30 and $1.70.

The WaveTrend Oscillator (WTO) has just produced a bullish cross on the weekly timeframe, the first such signal since August 2024. The histogram has shifted from deep red to neutral gray, mirroring transitions that preceded previous strong advances in Dogecoin’s price.

Market observers note that DOGE is holding a multi-year demand block, trading above its 200-week EMA, and testing its 50-week EMA while showing fresh bullish momentum.

Macro Factors Driving Recent Gains

Dogecoin has surged over 4% in the past 24 hours following the US Federal Reserve’s decision to maintain current interest rates. Though rate holds typically pressure crypto assets, Fed Chair Jerome Powell’s comments provided market clarity.

Powell stated the US economy was in a good position with inflation decreasing. He mentioned that Trump’s tariffs remained the primary concern behind the decision to keep rates steady.

Interestingly, tariff uncertainties have become a bullish factor for crypto assets like Dogecoin. Last week, Bitcoin surged to nearly $97,000 amid these concerns, while DOGE held steady and appeared ready for its own increase.

The upcoming US-China trade talks, set to begin on May 10, are also influencing prices. The two economic powers have imposed substantial tariffs on each other, creating market tension. Hope for an agreement between the countries has contributed to the positive sentiment for meme coins and the broader crypto market.

US Treasury Secretary Scott Bessent’s announcement that the US could soon reach trade agreements with 17 key trading partners has further buoyed market outlook.

The post Dogecoin (DOGE) Price Prediction & Analysis: Meme Coin King Ready for a Move to $1? appeared first on CoinCentral.

]]>
Pepe Coin (PEPE) Price: Rockets Past Dogecoin in Trading Volume After 35% Jump https://coincentral.com/pepe-coin-pepe-price-rockets-past-dogecoin-in-trading-volume-after-35-jump/ Fri, 09 May 2025 08:13:49 +0000 https://coincentral.com/?p=36780 TLDR PEPE coin has surged 30-35% in 24 hours, becoming the most traded memecoin A crypto whale has accumulated 2 trillion PEPE tokens worth about $4.36 million Open interest in PEPE futures has reached $531 million, nearly an all-time high 65% of Binance traders are betting on further gains, with 22% more upside potential Technical [...]

The post Pepe Coin (PEPE) Price: Rockets Past Dogecoin in Trading Volume After 35% Jump appeared first on CoinCentral.

]]>
TLDR
  • PEPE coin has surged 30-35% in 24 hours, becoming the most traded memecoin
  • A crypto whale has accumulated 2 trillion PEPE tokens worth about $4.36 million
  • Open interest in PEPE futures has reached $531 million, nearly an all-time high
  • 65% of Binance traders are betting on further gains, with 22% more upside potential
  • Technical analysis shows a bullish breakout pattern with price targets at $0.000013344

PEPE has surged by approximately 35% on May 8. This rapid growth pushed the memecoin past the $0.000010 psychological barrier and established it as the sixth most traded cryptocurrency globally, excluding stablecoins.

The rally coincided with Bitcoin crossing above the $100,000 mark, creating favorable conditions for memecoins overall. PEPE is currently trading at around $0.00001091, levels not seen since February 4, 2024.

What makes this surge particularly notable is that PEPE has overtaken Dogecoin in daily trading volume. It has become the most actively traded memecoin in the market during this period.

Several key factors are driving this impressive price movement. One major catalyst is whale accumulation. According to data from Lookonchain, a prominent crypto investor with $147 million in crypto assets has been actively purchasing PEPE tokens.

This whale withdrew 1.5 trillion PEPE from Binance on April 30. They added another 500 billion tokens recently, bringing their total holdings to an impressive 2 trillion PEPE tokens.

This accumulation represents approximately $4.36 million in value, signaling strong confidence in PEPE’s long-term prospects from major investors.

Pepe Price
Pepe Price

Technical Indicators Point Upward

The technical picture for PEPE is equally bullish. The price rally began with a long-legged doji candle on May 6, completing what traders call a morning star pattern. This reversal formation led to the subsequent 35% price jump on May 8.

PEPE has now crossed above its 200-day Exponential Moving Average (EMA), which typically signals an extended uptrend. The positive crossover in the MACD and signal lines further supports this optimistic outlook.

Analysts note that PEPE recently broke out of a Descending Broadening Wedge pattern. This bullish signal confirms a shift in momentum that could lead to a 120-140% rally in the mid-term.

Based on Fibonacci retracement levels, the current run has exceeded the 23.60% level at $0.00001025 and is now targeting the 38.20% level at $0.000013344. This projects an additional upside of 22% from the current price.

However, traders should be aware that a retest of the 23.60% level could occur, risking a 6% downside and potential loss of the 200-day EMA support. If this support fails to hold, PEPE could see an 18% drop to retest the $0.000008832 level.

Derivatives Market Shows Strong Interest

The derivatives market for PEPE is heating up rapidly. Open interest in PEPE futures has increased by 6.6%, reaching more than $531 million. This figure is just $14 million shy of PEPE’s all-time high of $545 million.

This surge in open interest indicates that more traders are betting on PEPE’s next move. The open interest weighted funding rate has spiked to 0.0118%, reflecting the bullish trade volume increase.

In the past 24 hours, approximately $1.57 million worth of trades were liquidated. About $1.45 million of that came from short positions, suggesting a classic short squeeze where traders betting against PEPE were caught off guard.

On Binance, 65% of traders currently hold long PEPE positions, pushing the long/short ratio to 1.86. This overwhelming bullish sentiment in the derivatives market provides additional support for potential price gains.

The bearish shakedown of $5.71 million in short positions further bolsters the optimistic outlook for PEPE’s price movement in the near term.

Some market analysts project even more dramatic gains if the bullish momentum continues. In an optimistic scenario where the market remains bullish and PEPE maintains its uptrend, some predict gains exceeding 1,200%, with a price target of $0.000080 within the next bullish cycle.

This would represent a 10x increase from current levels, though such projections should be viewed with appropriate caution given the volatile nature of memecoins.

PEPE is currently experiencing a small pullback with a 1.84% intraday decrease, which many traders view as a normal breather after such a rapid ascent.

The most recent data shows PEPE trading at $0.00001124, maintaining most of its gains from the recent rally as traders look toward the next potential price targets.

The post Pepe Coin (PEPE) Price: Rockets Past Dogecoin in Trading Volume After 35% Jump appeared first on CoinCentral.

]]>