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DOGE Flashes Classic ‘1-2 Pattern’ as Bulls Eye $0.28–$0.30 Breakout
Midnight trading saw a collapse from $0.26 to $0.25 on record 2.15 billion volume, dwarfing the 24-hour average of 344.8 million.
Sep 22, 2025, 5:14 a.m.
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What to know:
- Dogecoin experienced a significant selloff, dropping from $0.27 to $0.25, with over 2.15 billion tokens traded.
- The cryptocurrency is consolidating around $0.25, with traders watching for a potential recovery or further decline.
- Analysts note a pattern that could lead to a breakout above $0.28–$0.30 if buying resumes.
Dogecoin endured a sharp overnight selloff, sliding from $0.27 to $0.25 during the September 21–22 session, as institutional traders offloaded positions on record volumes exceeding 2.15 billion tokens.
The midnight rout carved through support levels and established fresh resistance zones, leaving DOGE consolidating around $0.25 as traders monitor for recovery or continuation lower.
STORY CONTINUES BELOW
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News Background
• DOGE fell 7% over the 24-hour period ending September 22 at 02:00, retreating from $0.27 to $0.25.
• Midnight trading saw a collapse from $0.26 to $0.25 on record 2.15 billion volume, dwarfing the 24-hour average of 344.8 million.
• Analysts flagged a “1-2 pattern” formation that has historically preceded DOGE breakouts above $0.28–$0.30.
Price Action Summary
• DOGE’s range spanned $0.02 (≈8%) between a $0.27 high and $0.25 low.
• Resistance solidified near $0.27 following repeated rejections.
• Institutional support emerged around $0.25, with recovery attempts keeping DOGE anchored above this level.
• In the final hour (01:14–02:13), DOGE bounced within a narrow $0.25–$0.25 channel, showing accumulation patterns with spikes at 01:25 and 02:03.
Technical Analysis
• Record 2.15B tokens traded during the midnight dump confirms heavy institutional activity.
• Support confirmed at $0.25; failure here risks extending decline toward $0.23.
• Key resistance sits at $0.27, with next upside tests at $0.28–$0.30 should buying resume.
• Volume spikes during recovery attempts highlight potential bottoming interest.
• Pattern recognition: technicians identify a recurring “1-2 setup” consistent with prior rally structures.
What Traders Are Watching
• Whether $0.25 can hold as durable support after record liquidation flows.
• Institutional positioning around the $0.28–$0.30 resistance band if recovery gains traction.
• Follow-through volumes in upcoming sessions to confirm whether accumulation or further distribution dominates.
• Broader sentiment impact from ETF delays and ongoing regulatory uncertainty.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
Sizin için daha fazlası
XRP drops 4% as traders watch whether $1.88 support holds
Price stabilizes near recent lows after a volatile pullback from above $2.
Bilinmesi gerekenler:
- XRP slipped nearly 4% as bitcoin fell below $88,000, with price action driven more by market structure and positioning than by changes to Ripple’s fundamentals.
- Spot XRP ETFs saw about $40.6 million in weekly outflows, suggesting institutional profit-taking and rotation rather than a loss of confidence in the asset.
- XRP remains range-bound in a tight consolidation between support around $1.88 and resistance near $1.93–$1.95, with fading volume pointing to a larger move once the current stalemate resolves.
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