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Dogecoin (DOGE) , the most recognized meme coin in the crypto market, has experienced a notable rally in early May 2025. However, its recent price action now shows signs of cooling off. A detailed analysis of the daily and hourly TradingView charts reveals crucial price levels, moving average signals, and Fibonacci projections that suggest where DOGE price might head next . On the daily chart, Dogecoin price is currently trading at around $0.2269 , showing a decline of over 3% in the last 24 hours. Despite this pullback, DOGE recently achieved a significant breakout above its multi-month descending trendline. This momentum allowed it to reclaim the 50-day simple moving average (SMA) positioned near $0.1955, which is now acting as a strong base support. DOGE price recent push saw it rally from below $0.16 to as high as $0.26 before facing resistance. The 200-day SMA, now located at $0.2668, appears to be the major resistance zone capping any further upside. This level has rejected the price twice already, indicating that bulls are currently struggling to break through the longer-term trend barrier. The Fibonacci retracement also adds weight to this region, with the 0.382 level around $0.22 now acting as a support line amid the consolidation. Zooming into the hourly chart, the sharp upward move that began around May 8 has started to lose steam. Dogecoin price reached a local high near $0.26 but has since entered a consolidation zone between $0.22 and $0.23. The moving averages on this timeframe are starting to flatten, suggesting that the immediate bullish momentum is fading. At present, the price is hovering around $0.227. The 20-hour and 50-hour SMAs are tightly packed just above the current price, and the hourly candles are showing indecision. This reflects a balance between buyers and sellers. However, volume is tapering off, indicating that traders are waiting for a decisive move before taking fresh positions. If DOGE breaks below $0.226, a retest of the $0.223 to $0.220 zone is highly probable, which would also align with the lower support of the moving average ribbon. To evaluate DOGE’s potential upward targets, we apply the Fibonacci extension tool using the recent impulse wave from approximately $0.15 to $0.26. The current consolidation level around $0.23 corresponds to the 0.236 retracement level, which often acts as a key decision point. If DOGE manages to hold this zone and push higher, the next technical targets will be $0.24, $0.27, and potentially even $0.30. For Dogecoin price to make a move toward the $0.30 level , it must first decisively break through the 200-day SMA resistance at $0.2668. This would require a resurgence in volume and broader market support. A daily candle close above $0.24 would be the first signal of strength, and a close above $0.27 would likely trigger further buying pressure. On the flip side, if the $0.22 support fails, DOGE could revisit $0.195 or even test the 100-day SMA near $0.1750. From a technical standpoint, Dogecoin price still holds a bullish structure , but the momentum is weakening. A break above $0.24 would open up the path toward $0.27 and $0.30, representing roughly a 32% upside from the current price. However, if the price dips below $0.22, the bullish scenario would be invalidated, and bears may push it back toward the $0.195 support level. Dogecoin’s recent run-up has injected new life into its price chart, but now it stands at a technical crossroads. The bullish breakout is still intact, provided DOGE continues to trade above the $0.22–$0.20 range. Traders and investors should keep a close watch on whether DOGE can reclaim $0.24 with volume support. If it does, the path toward $0.27 and beyond remains open. However, failure to hold key support levels could lead to a deeper correction. For now, the DOGE price remains in a healthy consolidation phase , and accumulation within this range could precede the next big move. If sentiment across the crypto market turns favorable again, DOGE might surprise traders with another impulsive wave. But until that happens, caution and patience are key. Dogecoin (DOGE) , the most recognized meme coin in the crypto market, has experienced a notable rally in early May 2025. However, its recent price action now shows signs of cooling off. A detailed analysis of the daily and hourly TradingView charts reveals crucial price levels, moving average signals, and Fibonacci projections that suggest where DOGE price might head next . On the daily chart, Dogecoin price is currently trading at around $0.2269 , showing a decline of over 3% in the last 24 hours. Despite this pullback, DOGE recently achieved a significant breakout above its multi-month descending trendline. This momentum allowed it to reclaim the 50-day simple moving average (SMA) positioned near $0.1955, which is now acting as a strong base support. DOGE price recent push saw it rally from below $0.16 to as high as $0.26 before facing resistance. The 200-day SMA, now located at $0.2668, appears to be the major resistance zone capping any further upside. This level has rejected the price twice already, indicating that bulls are currently struggling to break through the longer-term trend barrier. The Fibonacci retracement also adds weight to this region, with the 0.382 level around $0.22 now acting as a support line amid the consolidation. Zooming into the hourly chart, the sharp upward move that began around May 8 has started to lose steam. Dogecoin price reached a local high near $0.26 but has since entered a consolidation zone between $0.22 and $0.23. The moving averages on this timeframe are starting to flatten, suggesting that the immediate bullish momentum is fading. At present, the price is hovering around $0.227. The 20-hour and 50-hour SMAs are tightly packed just above the current price, and the hourly candles are showing indecision. This reflects a balance between buyers and sellers. However, volume is tapering off, indicating that traders are waiting for a decisive move before taking fresh positions. If DOGE breaks below $0.226, a retest of the $0.223 to $0.220 zone is highly probable, which would also align with the lower support of the moving average ribbon. To evaluate DOGE’s potential upward targets, we apply the Fibonacci extension tool using the recent impulse wave from approximately $0.15 to $0.26. The current consolidation level around $0.23 corresponds to the 0.236 retracement level, which often acts as a key decision point. If DOGE manages to hold this zone and push higher, the next technical targets will be $0.24, $0.27, and potentially even $0.30. For Dogecoin price to make a move toward the $0.30 level , it must first decisively break through the 200-day SMA resistance at $0.2668. This would require a resurgence in volume and broader market support. A daily candle close above $0.24 would be the first signal of strength, and a close above $0.27 would likely trigger further buying pressure. On the flip side, if the $0.22 support fails, DOGE could revisit $0.195 or even test the 100-day SMA near $0.1750. From a technical standpoint, Dogecoin price still holds a bullish structure , but the momentum is weakening. A break above $0.24 would open up the path toward $0.27 and $0.30, representing roughly a 32% upside from the current price. However, if the price dips below $0.22, the bullish scenario would be invalidated, and bears may push it back toward the $0.195 support level. Dogecoin’s recent run-up has injected new life into its price chart, but now it stands at a technical crossroads. The bullish breakout is still intact, provided DOGE continues to trade above the $0.22–$0.20 range. Traders and investors should keep a close watch on whether DOGE can reclaim $0.24 with volume support. If it does, the path toward $0.27 and beyond remains open. However, failure to hold key support levels could lead to a deeper correction. For now, the DOGE price remains in a healthy consolidation phase , and accumulation within this range could precede the next big move. If sentiment across the crypto market turns favorable again, DOGE might surprise traders with another impulsive wave. But until that happens, caution and patience are key.

$BTC / $ETH - UPDATE Both pairs look strong right now, and it's a great time to be bullish. This is the opportunity to capitalize and take a break for a while to sort things out in your life. I believe $ETH will eventually overtake $BTC, signaling the start of the altseason that we’ve all been waiting for. If there are any dips, consider them a chance to buy. Selling in panic is a mistake, especially if you're new to the game. As I mentioned earlier, I believe the bottom is in, and Alts are poised to surge. Get ready!

I don’t just want to help you in trading, but also in real life. That’s why I’m sharing a few uncomfortable truths today. Life is not fair. You’re always on your own. Of course, I have a family that always has my back, but whether you’re doing well, whether you’re successful and

Three Florida teenagers are facing serious criminal charges after allegedly abducting a man in Las Vegas at gunpoint and stealing $4M in digital assets. Authorities claim the suspects drove the victim to a remote desert in Arizona. There, they reportedly forced him to surrender his cryptocurrency and non-fungible tokens (NFTs) under threats of violence. The incident occurred in November when the victim, who had just hosted a cryptocurrency-related event in Downtown Las Vegas, returned to his apartment complex. According to police documents, the suspects approached him as he parked his vehicle and forced him into the back seat of their car at gunpoint. The primary suspects were identified as Belal Ashraf and Austin Fletcher, both 16 at the time, from Pasco County, Florida. A juvenile court judge has since certified Ashraf and Fletcher to be tried as adults. A third juvenile suspect was also involved but is reportedly no longer in the United States, prosecutors said during recent court proceedings. Related: Bitfinex Hacker Faces 5 Years, Prosecutors Seek to Deter Crypto Crime Investigators said the victim was blindfolded with a towel and warned not to look at the suspects. He was instructed that his father’s life was at risk if he failed to cooperate. The suspects reportedly demanded passwords to the victim’s financial accounts during the abduction, while another unidentified individual was heard giving instructions through a speakerphone. The trio is accused of transporting the victim across the Nevada state line to White Hills, Arizona, approximately 70 miles from Las Vegas. The victim later walked five miles through the desert to reach a gas station, where he contacted a friend for help. Police began tracking the suspects using vehicle location data. Investigators discovered a vehicle that had traveled from Florida to Nevada, stopping at several locations tied to the victim. A separate traffic stop in Mississippi uncovered a firearm linked to one of the suspects via social media photos. Related: South Korea’s FSS Gets Tough on Crypto Crime Authorities also noted that the Florida teens had a history of confrontational behavior in their home state. One report from the previous summer described an incident at a high school involving all three teens. Ashraf was reportedly seen shoulder-checking a school resource officer and shouting at an assistant principal. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Your life is about to change and get better. Inshallah.