Dogecoin Zooms 12% Higher: What’s Going On?
Posted On May 8, 2025
Dogecoin (CRYPTO: DOGE) has jumped 12% in 24 hours, igniting a spike in derivatives activity and drawing attention to critical technical setups pointing to further upside.
What Happened: Crypto chart analyst Ali Martinez noted DOGE has been respecting a long-term support trendline since October 2024.
If it dips to $0.14, it may present a solid buying opportunity ahead of a potential rally to $0.30.