Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Dogecoin Price Analysis: $0.21–$0.22 Range Forms as Institutional Flows Spike

Dogecoin Price Analysis: $0.21–$0.22 Range Forms as Institutional Flows Spike

CryptoNewsNet2025/09/02 03:30
By: coindesk.com
SPIKE0.00%DOGE-0.56%GMT-0.40%

News Background

  • Dogecoin traded through a volatile 24-hour session from Sept. 1 at 03:00 to Sept. 2 at 02:00, in line with broader crypto choppiness as markets absorbed macro headlines on trade policy and Fed signaling.
  • Institutional desks remain active in memecoins, with 809M DOGE traded at the 07:00 rally and 806M DOGE during the 20:00 pullback, far above normal averages.
  • Analysts suggest CFOs and corporate treasuries are probing allocations into liquid digital assets like DOGE as diversification against traditional hedging strategies.
  • Macro backdrop: G7 trade tensions, U.S. inflation monitoring, and central bank policy divergence continue to elevate volatility across both equities and digital assets.

Price Action Summary

  • DOGE traded in a $0.01 (≈6%) range between $0.21 and $0.22.
  • At 07:00 GMT, DOGE advanced from $0.21 to $0.22 on 808.9M turnover, establishing resistance at $0.22.
  • Profit-taking followed through midday, with additional selling pressure hitting at 20:00 GMT as price slipped back to $0.21 on 806M turnover, reinforcing the floor.
  • The session closed at $0.21, indicating consolidation between tested support and entrenched resistance.

Technical Analysis

  • Support: $0.21 confirmed as structural floor after multiple high-volume defenses.
  • Resistance: $0.22 remains the immediate ceiling; breakout requires decisive close above $0.225.
  • Momentum: RSI steady near 50, showing neutral trend with potential for directional break.
  • MACD: Histogram compression continues, suggesting buildup for momentum shift.
  • Patterns: Range-bound consolidation forming; upside target $0.25–$0.30 if $0.22 breaks, downside risk to $0.20 if $0.21 fails.
  • Volume: Institutional-scale flows (>800M twice in one session) underscore large-holder participation shaping price action.

What Traders Are Watching

  • Whether $0.21 continues to hold under persistent selling.
  • Break above $0.225 as the trigger for a rally toward $0.25.
  • Futures open interest trends and whale wallet movements post-rally.
  • Macro catalysts (Fed remarks, trade negotiations) as volatility drivers across crypto majors and memecoins.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

SEC Faces Deadline for Grayscale XRP ETF Decision
TheCryptoUpdates2025/10/18 23:54
Ethereum Bulls Remain Unfazed: Analyzing Market Confidence After $232 Million Liquidation

Ethereum’s price is fluctuating around $3,700, influenced by US credit and labor data, with traders cautiously avoiding high leverage. Whale activity indicates limited bearish sentiment, but there is insufficient confidence in a rapid rebound. No warning signals have been observed in the derivatives market, and a recovery will require clearer macroeconomic signals. Summary generated by Mars AI. This summary is produced by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.

MarsBit2025/10/18 22:32
BNY Mellon Empowers Crypto Ecosystem with Robust Infrastructure

In Brief BNY Mellon enhances its crypto ecosystem role through infrastructure services, not its own coin. The bank supports stablecoin projects instead of launching an altcoin amid positive market conditions. BNY Mellon prioritizes infrastructure over token issuance, promoting collaboration and ecosystem strength.

Cointurk2025/10/18 21:27
Crypto Surge Revives Investor Optimism

In Brief The crypto market exhibits signs of recovery post-major liquidations. Ethereum, Dogecoin, Cardano, and XRP have shown significant gains. Technological innovations and ETF expectations contribute to market optimism.

Cointurk2025/10/18 21:27

Trending news

More
1
SEC Faces Deadline for Grayscale XRP ETF Decision
2
Ethereum Bulls Remain Unfazed: Analyzing Market Confidence After $232 Million Liquidation

Crypto prices

More
Bitcoin
Bitcoin
BTC
$106,942.42
-0.35%
Ethereum
Ethereum
ETH
$3,873.31
-0.08%
Tether USDt
Tether USDt
USDT
$1
-0.01%
BNB
BNB
BNB
$1,083.03
-0.67%
XRP
XRP
XRP
$2.35
+0.35%
Solana
Solana
SOL
$185.71
+0.36%
USDC
USDC
USDC
$0.9998
-0.01%
TRON
TRON
TRX
$0.3139
+0.64%
Dogecoin
Dogecoin
DOGE
$0.1889
+0.40%
Cardano
Cardano
ADA
$0.6307
-0.81%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter