December 9, 2025
Dogecoin Surges as Ether Zooms 8%, Sparking Bullish Reversal For Memecoins thumbnail
Business

Dogecoin Surges as Ether Zooms 8%, Sparking Bullish Reversal For Memecoins

The breakout now sets up a clean continuation zone—provided bulls defend the mid-range pivot they just reclaimed.”, — write: www.coindesk.com

Dogecoin Surges as Ether Zooms 8%, Sparking Bullish Reversal For MemecoinsThe breakout now sets up a clean continuation zone—provided bulls defend the mid-range pivot they just reclaimed.Updated Dec 9, 2025, 7:27 pm Published Dec 9, 2025, 7:27 pm

Dogecoin finally forced a resolve on its multi-session compression, punching above $0.15 on a volume-backed breakout that signaled the first real momentum shift in days as ether ETH$3,330.46 zoomed 8%.

The move came as targeted buying hit the meme-coin complex while the broader market rallied, giving DOGE relative strength into the close. The breakout now sets up a clean continuation zone—provided bulls defend the mid-range pivot they just reclaimed.

News Background

  • No token-specific catalysts — the move aligned with selective risk-on flows in meme-coin majors.
  • Broader crypto markets saw synchronized relief buying as CD5 broke above near-term resistance.
  • Traders rotated into high-beta assets after weekend volatility stabilized.
  • ETF headlines remain largely Bitcoin/Ethereum focused, leaving DOGE flows primarily technical and positioning-driven.

Price Action SummaryDOGE initiated its breakout at 15:00 GMT, ripping through resistance at $0.1424. Volume peaked at 1.75 billion during the 16:00 hour as price tagged $0.1522.

Support formed at $0.1463 after initial acceleration, validating the breakout structure.

Relative strength flowed into DOGE even as volume cooled, with prices still printing higher lows.

Technical Analysis

  • Break above descending trendline confirms reversal of short-term bearish structure.
  • Consolidation band formed at $0.1509–$0.1513 following a 1.7% pullback from local highs Key breakout level now $0.1550, with psychological $0.1500 acting as pivotSupport stack sits at $0.1463 and deeper at $0.1424 — any breach risks invalidating the setup.
  • Total session range expanded to $0.0132 (8.7%), consistent with early-stage trend change.

What Traders Are Watching

  • If bulls can push a clean retest and hold above the $0.1500 pivot.
  • Whether accumulation reappears on any dip towards $0.1463.
  • Volume behavior: a second expansion phase is required to challenge $0.1550.
  • Failure back into the descending trendline risks trapping late breakout chasers
More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence’s Token Security API averaged 717 million monthly calls year-to-date in 2025, with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch, the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B, while derivatives volume peaked the same month at over $4B.

View Full Report

More For You

XRP Underperforms Market as Sudden Bitcoin Surge Forces $387M of Liquidations

(CoinDesk Data)XRP’s technical outlook remains uncertain, with support at $2.05 and resistance at $2.17, as traders watch for volume expansion

What to know:

  • XRP posts gains but underperforms compared to the broader digital asset surge, with below-average trading volume raising questions about the move’s strength.
  • Bitcoin’s rise above $94,000 triggered a broad market rebound, leading to significant liquidations and reshuffling of positions.
  • XRP’s technical outlook remains uncertain, with support at $2.05 and resistance at $2.17, as traders watch for volume expansion to confirm momentum alignment.

Read full story

Related posts

40% of Canadian Crypto Users Flagged for Tax Evasion Risk, Canadian Tax Authority Reveals

unian ua

Delays in US Jobs Data Weaken the Quality of US Policymaking

unian ua

Crypto Markets Today: Bitcoin Reclaims $92K as Fed Rate-Cut Expectations Lift Sentiment

unian ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More