DOGS +75.02% in 24 Hours Amid Technical Indicators Suggesting Reversal
- DOGS surged 75.02% in 24 hours to $0.0001459 on Aug 30, 2025, contrasting with 7436.53% annual decline. - Traders analyze $0.0001450 support level as critical for short-term reversal potential after breaking $0.0001500 resistance. - Despite 24-hour rebound, 204.23% 7-day and 218.5% 1-month drops confirm ongoing bearish trend dominance.
On AUG 30 2025, DOGS rose by 75.02% within 24 hours to reach $0.0001459, DOGS dropped by 204.23% within 7 days, dropped by 218.5% within 1 month, and dropped by 7436.53% within 1 year.
DOGS has recently shown a sharp rebound following a prolonged downtrend. The 24-hour surge of 75.02% stands out in an otherwise bearish narrative, with the price reaching $0.0001459. While the daily move is impressive, it starkly contrasts with the 7-day and 1-month performance, which reflect a 204.23% and 218.5% drop, respectively. These numbers underscore the volatile nature of DOGS, particularly against a 1-year decline of 7436.53%. The recent one-day recovery, though significant, does not yet indicate a fundamental shift in the underlying trend.
The price action on DOGS has drawn attention from traders analyzing key technical levels. A recent breakdown below the $0.0001500 psychological barrier had signaled further weakness, but the subsequent rally brought the asset back above that level. This move has triggered discussions among traders about potential short-term reversals. However, the long-term bearish trend remains intact, as the broader decline over the past week and month continues to dominate the chart. The immediate bounce raises questions about whether this is a corrective move or the start of a broader turnaround.
DOGS is currently testing a critical support level at $0.0001450, a level that could determine the near-term direction. A sustained move above this level may attract further buying interest, particularly if it leads to a retest of the $0.0001500 resistance. On the other hand, a failure to hold above $0.0001450 could see the price retrace back toward lower levels. Analysts project that a successful hold above this threshold may signal a short-term reversal in sentiment.
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.
You may also like
Bitcoin News Today: American Bitcoin Rebrand Aims to Reshape U.S. Mining Landscape
- Gryphon Digital Mining shareholders approved a merger with American Bitcoin, including a 5-for-1 reverse stock split effective September 2, 2025. - The split reduces shares from 82.8M to 16.6M to meet Nasdaq bid price requirements, with no shareholder action needed for automated adjustments. - The rebranded "ABTC" entity combines Gryphon's operations with Hut 8 Corp.'s mining expertise and Eric Trump's leadership under U.S.-focused branding. - This consolidation aims to enhance operational efficiency and
Bitcoin News Today: Bitcoin's $112K Crossroads: Capitulation or Catalyst?
- Bitcoin (BTC-USD) rebounds near $108,800 amid a critical test of $112K support, with a double-top pattern forming below $124K resistance. - Whale-driven spoofing and liquidity shifts triggered $350M in 24-hour liquidations, heightening volatility risks between $112K and $124K. - Macroeconomic uncertainty, including 2.9% YoY PCE inflation and 87% odds of a September Fed rate cut, complicates near-term price direction. - On-chain metrics show a neutral MVRV ratio (39%) and -0.60% P/L margin, indicating lim
Bitcoin's Dual Role: Store of Value and Catalyst for High-Value Real Estate Transactions
- Bitcoin's integration into high-value real estate transactions accelerated in 2025, driven by its role as both a store of value and inflation hedge. - Valuation divergence emerged as Bitcoin outperformed real estate, with crypto-backed deals exceeding $1B and high-profile purchases like Miami penthouses and Beverly Hills properties. - Institutional adoption grew, with 59% of portfolios allocating to Bitcoin, supported by regulatory shifts like Trump's mortgage-eligible crypto directive and Dubai's tokeni
Goldman Sees Euro Rising as SNB Dovishness Deepens Divide
- Goldman Sachs forecasts EUR/CHF gains as ECB normalizes rates while SNB maintains 0.0% dovish policy to weaken the Swiss franc. - Eurozone inflation moderation and Swiss economic resilience reinforce euro strength amid divergent monetary strategies between ECB and SNB. - Weaker U.S. dollar and global risk-on sentiment further support euro outperformance against the franc as safe-haven demand wanes. - Technical analysis highlights 1.05-1.08 key levels, with a break above 1.08 signaling accelerated euro ga
Trending news
MoreCrypto prices
More
