Dogecoin Surges 5%: What Is Going On?
Posted On May 1, 2025
Dogecoin (CRYPTO: DOGE) is up almost 5% on Thursday and bullish technical signals could extend the rally.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Dogecoin (CRYPTO: DOGE) | $0.1788 | $26.7 billion | +4.9% | +2% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001350 | $7.95 billion | +3.2% | +1.2% |
| Pepe (CRYPTO: PEPE) | $0.058879 | $3.7 billion | +2.4% | +3.7% |
Trader Notes: Technical analyst Kevin noted in a post on X on Thursday that DOGE is holding key macro support levels, including the 0.382 Fibonacci retracement and a major long-term downtrend line—both seen as strong risk-reward zones.
He also pointed out that the monthly supertrend has yet to go vertical, and that RSI is at levels last seen when DOGE was trading around $0.11, suggesting ample room for upside.
Kevin believes that as monetary policy eases and …
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