Dogecoin: Examining how traders can react to DOGE’s $0.08 move

ambcryptoPublicado a 2026-07-03Actualizado a 2026-07-03

Resumen

Dogecoin (DOGE) shows signs of recovery, reclaiming the $0.075 level after defending key support at $0.07 with three consecutive days of gains. Increased buying activity is evident, with spot market accumulation and a rise in futures inflows suggesting improved trader sentiment and a potential trend reversal. Key momentum indicators like the RSI have turned upward from oversold territory, and DOGE has reclaimed its 9-day moving average. For the recovery to continue, sustained buying pressure is needed to challenge resistance near $0.079 and $0.08. However, a decline in demand risks triggering futures liquidations, which could push the price back below $0.07.

Is Dogecoin’s bottom already in? Since defending the $0.07 support days ago, the memecoin has shown relative strength.

Dogecoin [DOGE] printed three consecutive green candles, closing at higher highs each day. As a result, it reclaimed the $0.075 resistance level.

At press time, DOGE traded at $0.075, up 3.85% over the past 24 hours. Spot Volume also rose 11% to $717 million.

Why are Dogecoin buyers returning?

After Dogecoin slipped below $0.07, buyers stepped back into the market. As a result, demand recovered sharply.

Over the past 24 hours, Buy Volume climbed to 681 million, according to Coinalyze. Sell Volume also increased to 619 million.

Source: Coinalyze

As a result, DOGE recorded a positive Buy/Sell Delta of 62 million, signaling aggressive Spot accumulation.

On the derivatives side, a similar trend emerged. According to CoinGlass, Futures Inflows reached $339.8 million, while Futures Outflows fell to $330.8 million.

As a result, Netflow increased 9% to $9 million. Since DOGE signaled a potential trend reversal three days ago, cumulative Futures Inflows have totaled $791 million.

Source: CoinGlass

The rise in Futures Inflows suggested traders opened more positions, regardless of direction. With buyers returning to both the Spot and Futures markets, sentiment improved. Traders now appear to view the recent low as a potential bottom.

Can the demand hold for DOGE?

Renewed demand also strengthened Dogecoin’s momentum. Relative Strength Index (RSI) reflected that shift.

The RSI formed a bullish crossover, climbed above the oversold zone, and reached 33 at press time. Although it remained below neutral, the steady rise suggested improving momentum.

Source: TradingView

Buyers have gradually regained control and attempted to overpower sellers. On top of that, DOGE reclaimed its 9-day Moving Average (MA), reinforcing short-term strength.

Together, these signals suggested market conditions had improved. If buying pressure persists, DOGE could reclaim the 21-day Moving Average at $0.079 before challenging $0.08.

However, fading demand could weaken the recovery. If leveraged positions unwind, increased Futures activity may trigger liquidations, opening the door for another move below $0.07.


Final Summary

  • DOGE reclaimed $0.075 after defending the $0.07 support, posting three consecutive daily gains.
  • A drop in demand could trigger Dogecoin’s Futures liquidations, increasing the risk of another move below the $0.07 support.

Criptos en tendencia

Preguntas relacionadas

QWhat recent price movement and key level did Dogecoin reclaim according to the article?

ADogecoin reclaimed the $0.075 resistance level after posting three consecutive green candles, having defended the $0.07 support days earlier.

QWhat does the positive Buy/Sell Delta of 62 million indicate for Dogecoin?

AThe positive Buy/Sell Delta of 62 million signals aggressive spot accumulation, meaning more coins were bought than sold on the spot market, reflecting strong buyer demand.

QAccording to the analysis, what are two positive technical signals suggesting Dogecoin's momentum is improving?

ATwo positive technical signals are: 1) The Relative Strength Index (RSI) formed a bullish crossover, rose from the oversold zone to 33, and is trending upward. 2) Dogecoin reclaimed its 9-day Moving Average (MA), indicating short-term strength.

QWhat are the potential next price targets for DOGE if buying pressure continues?

AIf buying pressure persists, DOGE could first reclaim the 21-day Moving Average at $0.079 before challenging the $0.08 price level.

QWhat main risk does the article highlight that could cause Dogecoin's price to drop below $0.07 again?

AThe main risk is that if demand fades, it could lead to the unwinding of leveraged positions. This increased futures activity might trigger liquidations, potentially pushing the price back below the $0.07 support level.

Lecturas Relacionadas

77 Bloody Codes: When the '$5 Wrench' Shatters the Privacy Myth of France's Crypto Elite

**Summary** In the first half of 2026, France recorded 77 violent crimes—including kidnappings, illegal confinement, and extortion—targeting cryptocurrency holders, a 71% increase over the 45 cases in all of 2025. This equates to an attack every 2.3 days, making France a global hotspot for so-called "wrench attacks," where criminals use physical violence to coerce victims into surrendering crypto assets. High-profile cases include the 2025 kidnapping of Ledger co-founder David Balland, who was shown with a severed finger in a ransom video, and an attempted kidnapping of the family of Paymium's CEO in Paris. Prosecutors note these are not isolated incidents but part of structured criminal networks, sometimes involving minors. Several factors contribute to France's vulnerability: a large holder base (approx. 7.3 million people), the presence of major crypto firms and executives, a culture of public disclosure among enthusiasts, and potential data leaks. The trend is spreading across Europe, which now accounts for over 40% of such global attacks. Research indicates a correlation between Bitcoin price surges and increased wrench attacks. In response, French Interior Minister Laurent Nuñez announced a three-pillar action plan focusing on enhanced intelligence sharing, deeper cooperation with the industry association Adan, and improved operational and cross-border coordination. Authorities have made over 200 arrests in the past year. Security experts warn that digital asset safety now extends to the physical world. They advise holders to use hardware wallets, avoid disclosing holdings on social media, enable multi-factor authentication, and report suspicious activity. The situation underscores the urgent need for the crypto community to shift from a "show-off" culture to one of discretion as physical security becomes paramount.

marsbitHace 2 hora(s)

77 Bloody Codes: When the '$5 Wrench' Shatters the Privacy Myth of France's Crypto Elite

marsbitHace 2 hora(s)

Both OpenAI and Anthropic are 'Developing Their Own Chips' — Beyond Cost, the Control Over Computing Power is Paramount

OpenAI and Anthropic are both advancing plans to develop custom AI chips, driven by the need to control computing power and reduce costs. According to reports, Anthropic is in early-stage development of its own chips and in talks with Samsung for manufacturing, while OpenAI is collaborating with Broadcom and TSMC, aiming to deploy its first inference chip by late 2026. The primary motivation extends beyond just lowering expenses. For these large model companies, chips are core production assets. By designing specialized hardware (ASICs) tailored to their specific model architectures—OpenAI's being more sparse and Anthropic's more dense—they aim to achieve deeper software-hardware co-design. This synergy can significantly improve inference speed, energy efficiency, and overall unit economics, offering advantages that off-the-shelf GPUs cannot. This move does not signify an immediate replacement for suppliers like Nvidia. The process from design to deployment takes 18-24 months, and Nvidia's GPU ecosystem remains deeply entrenched. Instead, custom chips provide a strategic alternative and negotiating leverage, allowing companies to use them for specific, high-volume workloads like inference while still relying on external GPUs and TPUs for other tasks. The trend reflects a broader industry shift where AI competition is evolving from pure algorithmic prowess to integrated control over the entire software-hardware stack. Companies like Google, Amazon, Meta, and Microsoft are already on this path. For foundries like Samsung, securing orders from AI leaders like Anthropic represents a significant opportunity to expand its footprint in the advanced semiconductor market for AI. Ultimately, the race for "computing sovereignty" is now a central battleground for major AI players.

marsbitHace 2 hora(s)

Both OpenAI and Anthropic are 'Developing Their Own Chips' — Beyond Cost, the Control Over Computing Power is Paramount

marsbitHace 2 hora(s)

Trading

Spot

Artículos destacados

Cómo comprar MOVE

¡Bienvenido a HTX.com! Hemos hecho que comprar Movement (MOVE) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar Movement (MOVE) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu Movement (MOVE)Después de comprar tu Movement (MOVE), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear Movement (MOVE)Tradear fácilmente con Movement (MOVE) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

285 Vistas totalesPublicado en 2024.12.13Actualizado en 2026.06.02

Cómo comprar MOVE

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de MOVE (MOVE).

活动图片