DOGE's market capitalization decreased by 5% to around $51 billion, ranking seventh in the cryptocurrency list.
The daily price chart shows a downward momentum, with the price currently below the 50-day moving average.
Why Dogecoin price is surging today? Let's check current DOGE's price and predictions for 2025
Dogecoin's rise faces a harsh reality as
the memecoin dropped nearly 10% within a day, reaching as low as $0.3411 today
(Wednesday). The decline comes as the broader cryptocurrency market faces a bear
market, with Bitcoin currently trading at $95k from around $102k the previous
day.
A mix of macroeconomic concerns and bearish technical
patterns suggests further downside for Dogecoin in the weeks ahead. Dogecoin's
fall coincides with a market-wide sell-off in risk assets, including U.S.
equities.
Macroeconomic Headwinds
The trigger of the current sell-off could be the
strong U.S. economic data, such as the ISM services report and JOLTS job
openings, highlighting persistent economic robustness, Cointelegraph reported.
This data shifted investor expectations, eroding
hopes for Federal Reserve rate cuts before mid-2025. The benchmark 10-year U.S.
Treasury yield spiked to its highest level since May 2024, further discouraging
risk-taking behavior.
Dogecoin Price, Source: CoinMarketCap
At the time of publication, DOGE traded for $0.3466,
representing a price drop of 5% and 9%, in the past day and week, respectively.
According to CoinMarketCap data, the memecoin's market cap has dropped 5% to
around $51 billion, ranking seventh in the crypto list.
The crypto market has experienced heightened volatility recently. According to Coinglass, Dogecoin liquidations in the past 24 hours amounted to $19.84 million. Of these, $15.72 million were long positions, while $5.12 million were short positions.
Liquidation events occur when leveraged traders are
forced to close positions as prices drop. Dogecoin's current price action
aligns with its technical outlook, which also points to a downward momentum.
Daily Price Chart DOGEUSD, Source: TradingView
Dogecoin's current price action aligns with a classic
bull flag pattern. On the daily chart, the price is currently below the
50-moving average, although it remains above the $200 moving average. The price dropped from $0.3950 on Jan 5 to $0.3439.
Technical Analysis
Currently, DOGE is trading at an important support
level on the daily chart. If this support level does not hold, the next level
to watch is $0.3140. The Relative Strength Index is at 48, meaning it remains
above the oversold zone, and further downward momentum could be seen before any
change of sentiment.
Weekly Price Chart DOGEUSD, Source: TradingView
On the weekly chart, things are no different. The
price has formed a bearish candle stick after bouncing off the $0.3117 support
level. Despite the bearish outlook, Dogecoin retains the potential for a strong
rebound.
If the price can rise above $0.3937, it could welcome a positive price movement. However, macroeconomic challenges, including rising
Treasury yields and liquidation pressures, continue to cloud the immediate
outlook for DOGE and other cryptocurrencies.
Dogecoin's rise faces a harsh reality as
the memecoin dropped nearly 10% within a day, reaching as low as $0.3411 today
(Wednesday). The decline comes as the broader cryptocurrency market faces a bear
market, with Bitcoin currently trading at $95k from around $102k the previous
day.
A mix of macroeconomic concerns and bearish technical
patterns suggests further downside for Dogecoin in the weeks ahead. Dogecoin's
fall coincides with a market-wide sell-off in risk assets, including U.S.
equities.
Macroeconomic Headwinds
The trigger of the current sell-off could be the
strong U.S. economic data, such as the ISM services report and JOLTS job
openings, highlighting persistent economic robustness, Cointelegraph reported.
This data shifted investor expectations, eroding
hopes for Federal Reserve rate cuts before mid-2025. The benchmark 10-year U.S.
Treasury yield spiked to its highest level since May 2024, further discouraging
risk-taking behavior.
Dogecoin Price, Source: CoinMarketCap
At the time of publication, DOGE traded for $0.3466,
representing a price drop of 5% and 9%, in the past day and week, respectively.
According to CoinMarketCap data, the memecoin's market cap has dropped 5% to
around $51 billion, ranking seventh in the crypto list.
The crypto market has experienced heightened volatility recently. According to Coinglass, Dogecoin liquidations in the past 24 hours amounted to $19.84 million. Of these, $15.72 million were long positions, while $5.12 million were short positions.
Liquidation events occur when leveraged traders are
forced to close positions as prices drop. Dogecoin's current price action
aligns with its technical outlook, which also points to a downward momentum.
Daily Price Chart DOGEUSD, Source: TradingView
Dogecoin's current price action aligns with a classic
bull flag pattern. On the daily chart, the price is currently below the
50-moving average, although it remains above the $200 moving average. The price dropped from $0.3950 on Jan 5 to $0.3439.
Technical Analysis
Currently, DOGE is trading at an important support
level on the daily chart. If this support level does not hold, the next level
to watch is $0.3140. The Relative Strength Index is at 48, meaning it remains
above the oversold zone, and further downward momentum could be seen before any
change of sentiment.
Weekly Price Chart DOGEUSD, Source: TradingView
On the weekly chart, things are no different. The
price has formed a bearish candle stick after bouncing off the $0.3117 support
level. Despite the bearish outlook, Dogecoin retains the potential for a strong
rebound.
If the price can rise above $0.3937, it could welcome a positive price movement. However, macroeconomic challenges, including rising
Treasury yields and liquidation pressures, continue to cloud the immediate
outlook for DOGE and other cryptocurrencies.
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
