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
HBAR -1056.26% in 1 Month Amid Market Turbulence
- HBAR token plummeted 56.26% in 24 hours to $0.23853, with 1056.26% monthly and 1655.39% year-to-date losses. - Sharp sell-offs and weak fundamentals, coupled with absent catalysts, reflect deteriorating investor sentiment and trading activity. - Technical analysis shows broken support levels, declining moving averages, and increased large sell orders signaling bearish momentum. - Backtesting revealed inconsistent post-crash recoveries, with only 26-33% of events showing positive returns over 30 days.
SUI -14.82% in 24 Hours Amidst Deteriorating Momentum
- SUI plunged 14.82% in 24 hours on Aug 31, 2025, with annual cumulative losses reaching 1991.27%. - Technical indicators show oversold RSI, negative MACD crossovers, and price below key moving averages, confirming bearish momentum. - Liquidity constraints and lack of buying interest suggest prolonged underperformance as institutional activity wanes. - Backtests found no prior 10%+ single-day drops, prompting analysts to recommend adjusted thresholds for volatility analysis.
Ethereum News Today: Ethereum's Evolution Could Reshape the Crypto Power Balance
- Consensys CEO Joseph Lubin predicts Ethereum could surpass Bitcoin in market cap via "flippening," citing proof-of-stake upgrades and smart contract dominance. - He highlights Ethereum's energy efficiency, DeFi/NFT growth, and developer ecosystem as key advantages over Bitcoin's limited functionality. - Regulatory clarity and institutional adoption of Ethereum derivatives/staking services are seen as critical growth accelerators. - Market volatility and evolving regulations remain key risks, with investo
Amdax’s AMBTS: Europe’s Ambitious Play to Challenge U.S. Bitcoin Treasury Dominance
- Amdax’s AMBTS aims to accumulate 1% of Bitcoin’s supply by 2025, challenging U.S. dominance via MiCA-compliant infrastructure and €30M funding. - The initiative leverages EU’s harmonized crypto regulations, offering direct Bitcoin ownership with reduced counterparty risk and scalable cross-border operations. - Unlike U.S. leveraged models, AMBTS uses phased equity raises and Euronext listing to align with institutional demand for transparency and liquidity. - European institutions allocated 8.9% of portf
Trending news
MoreCrypto prices
More
