memecoinmarket

Dogecoin Network Activity Surges 36% as Price Remains Trapped in Descending Channel
Dogecoin's on-chain activity accelerated sharply over the past week, with Active Addresses rising 36% to above 71,400, data showed.
The increase signaled renewed participation across the Dogecoin network, even as broader market conditions remained uncertain.
However, activity growth alone did not guarantee upside. Instead, it highlighted rising interest near compressed price levels.
That shift left traders watching whether network usage could translate into sustained demand.
Historically, similar participation spikes preceded consolidation or inflection phases, depending on how leverage and price reacted next.
Dogecoin Price Stays Trapped Inside Descending Pressure
Dogecoin [DOGE] continued trading inside a clearly defined descending channel, reflecting persistent lower highs since late 2025.
The price slipped below the $0.117 support, briefly testing the $0.108 region before stabilizing above the $0.10 psychological level.
The structure showed sellers retained control, even as volatility compressed.
Even so, repeated defenses near channel lows often weakened downside momentum over time.
Overhead resistance near $0.156 and $0.20 continued capping recovery attempts, limiting upside extension.
That left Dogecoin trading in a compression zone rather than an active breakdown phase.
Momentum indicators showed early stabilization signs. The daily RSI hovered near 35 after weeks of sustained weakness. The reading reflected oversold-adjacent conditions without signaling capitulation.
In fact, RSI stopped printing aggressive lower lows, suggesting selling pressure had slowed.
However, momentum had not turned constructive. RSI remained below the neutral 50 level.
As the price held above $0.10, this behavior pointed toward consolidation rather than reversal.
Dogecoin Top Traders Crowd Longs Despite Weak Structure
Derivatives positioning revealed aggressive optimism among Binance's top traders. Long Accounts rose to about 75%, while the Long/Short Ratio climbed near 3.0.
This imbalance signals strong directional conviction, even as price remains structurally weak. Typically, such skewed positioning increases sensitivity to volatility.
However, long dominance does not automatically imply imminent downside. Instead, it reflects expectations of a rebound from current levels.
At the same time, crowded longs raise liquidation risk if the price fails to stabilize. Therefore, leverage now plays a critical role in DOGE's next move.
The market watches closely whether price can reward this positioning or force a reset through volatility.
Negative Funding Hints at Leverage Strain
OI-Weighted Funding Rates has recently flipped negative, with readings around -0.0002% at press time, despite heavy long positioning.
This divergence suggests traders continue holding longs while the price struggles to attract follow-through.
Besides, negative funding often reflects stress among leveraged participants rather than outright bearish control. In this context, funding pressure hints at vulnerability rather than collapse.
However, prolonged negative funding alongside long dominance can trigger forced deleveraging if price drifts lower.
Therefore, funding dynamics now sit at a critical juncture.
Either price stabilizes and relieves pressure, or leverage unwinds abruptly. This balance adds complexity to DOGE's near-term outlook.
Can Participation Offset Leverage Risk?
Dogecoin reached an inflection point where rising network activity and stabilizing momentum clashed with weak structure and elevated leverage.
If the price held above $0.10, participation-led support could absorb selling pressure gradually.
Even so, crowded longs and negative Funding Rates left little margin for error.
DOGE's next phase now depended less on hype and more on whether demand could outpace leverage-driven fragility.
Final Thoughts
Dogecoin's network activity picked up meaningfully. Active Addresses climbed 36% over the past week, crossing above 71,400.
DOGE remained stuck inside a descending channel, with lower highs controlling the trend since late 2025.

Right now, you can snag 5,000,000 $PEPE coins for just $68 at a price of $0.00001320 per coin.
But here’s the kicker — if PEPE hits $0.002, your $68 could balloon to $10,000+!
This meme coin is still flying under the radar, but momentum is building fast.
⏳ Don’t sleep on this — click the coin, load up, and ride the wave before it takes off!
#PEPE‏ #CryptoGains #MemeCoinMarket #Binance 💰🚀

Dogecoin Nears a Critical Moment
Renowned analyst Kevin (@Kev_Capital_TA) recently shared his latest technical analysis on X, highlighting a key price level in Dogecoin’s daily chart. According to him, a weekly close above $0.28 could set the stage for a retest of DOGE’s all-time highs.
📝 "If DOGE reclaims $0.28 at the weekly close and confirms the breakout, I believe we will attack new highs shortly after," Kevin stated.
📌 He also revealed that he added a long position at $0.25 and is prepared for both potential outcomes—either a breakout to higher levels or a possible retracement.

Is the Dogecoin Correction Coming to an End?
📊 Kevin's analysis focuses on the Bitcoin Bull Market Support Band, an indicator originally designed for Bitcoin, but frequently applied to altcoins as well. This metric consists of the 20-week simple moving average (SMA) and the 21-week exponential moving average (EMA).
🔹 For Dogecoin, this range sits between $0.282–$0.286.
🔹 Last week, DOGE dropped below this zone and is now facing strong resistance between $0.27 and $0.29.
In addition to price levels, Kevin highlights two key momentum indicators:
📌 Relative Strength Index (RSI)
✅ RSI suggests a possible easing of bearish pressure, as the yellow line has crossed its moving average.
✅ RSI is at 38, near a significant support level around 27.
📌 MACD (Moving Average Convergence Divergence)
🔹 The MACD indicator is approaching a bullish crossover, which could generate positive momentum for DOGE’s price.
🔹 Kevin refers to this as "Pending Daily Bullish MACD Cross," which, if confirmed, could reinforce the bullish outlook.
What’s Next for Dogecoin?
📈 Kevin emphasizes that a solid weekly close above $0.28 is crucial. If DOGE manages to hold above this level, it could accelerate upward toward $0.30 and beyond.
From a broader perspective, Kevin notes that the market is still in a corrective phase, with altcoins being strongly influenced by macroeconomic factors.
🔹 "We are in a major correction period, which is normal for the market. If we hold key levels in total market capitalization, we could see a return to bullish momentum. Otherwise, the correction may deepen," Kevin warned.
💰 At the time of writing, DOGE was trading at $0.27, with the market anticipating either a decisive breakout or another corrective move. 🚀

#DOGE , #memecoin , #MemeCoinMarket , #Dogecoin‬⁩ , #CryptoAnalysis

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

The #MemeCoinMarket , once a symbol of the cryptocurrency world’s whimsical side, has recently faced a sharp downturn. Data indicates that the total market capitalization of memecoins has fallen from a peak of $124 billion on December 5, 2024, to $54 billion as of March 5, 2025 - a staggering 56% decline.

Factors Behind the Decline
Several elements have contributed to this downturn:
1. Economic Uncertainty: Global economic conditions have been volatile, leading investors to become more risk-averse. This shift has particularly impacted assets like memecoins, which are often viewed as highly speculative.
2. Lack of Regulation: The absence of clear regulatory frameworks for memecoins has led to increased skepticism among investors, deterring new capital from entering the market.
3. Insider Trading Scandals: Allegations of insider trading and pump-and-dump schemes have eroded trust in the memecoin ecosystem, prompting many to withdraw their investments.
4. Celebrity Endorsements Gone Awry: High-profile endorsements, such as those by public figures, have sometimes led to inflated valuations followed by sharp corrections, leaving retail investors at a loss.

Market Consolidation
In light of these challenges, industry experts anticipate a consolidation within the memecoin market. Established tokens like Dogecoin $DOGE
Shiba Inu $SHIB
Pepe $PEPE
and the Official Trump memecoin are expected to retain their positions, while lesser-known #memecoins may fade into obscurity. Anmol Singh, co-founder of Zeta Markets, suggests that the memecoin bubble has burst due to economic uncertainties and exploitation by influencers, leading to a potential consolidation around major memecoins.

Dogecoin’s Dominance
Despite the overall market downturn, #Dogecoin continues to lead the pack, accounting for 53% of the entire memecoin market capitalization. This dominance underscores investors preference for more established and widely recognized tokens during turbulent times.

Looking Ahead
The recent decline in the memecoin market serves as a cautionary tale about the inherent volatility and risks associated with speculative investments. As the market matures, a flight to quality may occur, with investors gravitating toward assets with clearer use cases and stronger fundamentals. For memecoins to regain their former glory, restoring investor trust through transparency, regulation, and utility will be paramount.
#AltcoinDigest #DOGE