Dogecoin Price Outlook: 5-Day RSI Crossover Confirms $0.30 Breakout Trajectory

Quick Summary:

Dogecoin price stalls below $0.25 amid profit-taking and Bitcoin volatility, but DOGE RSI crossover on May 7 suggests bulls could still target $0.30 despite a 5.8% short-term  correction on Sunday May 11.

DOGE price had led the week’s rally, but sentiment cooled below $0.25 amid dampening risk appetite.

However, risk remains tilted to the downside if Bitcoin fails to hold above $100K.A drop below $0.225 may trigger another round of liquidations, invalidating the bullish thesis temporarily.

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Article Details

Author / Journalist: ibrahim

Category: Crypto

Markets: IndiaChinaPakistan

Topics: Price Analysis Dogecoin (DOGE)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 01:10:40 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 766 words

Reading Time: 5 minutes read

Sentences: 59 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28586703

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About CoinGape

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Official Website: coingape.com

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