Dogecoin News Today: Institutional Buyers Absorb DOGE Panic, ETFs Signal Resilience

Generado por agente de IACoin World
sábado, 11 de octubre de 2025, 6:21 pm ET1 min de lectura
DOGE--

Dogecoin (DOGE) experienced a dramatic 50% flash crash on October 10, 2025, plummeting from $0.22 to $0.11 within minutes before stabilizing near $0.19–$0.20. The sell-off was triggered by former U.S. President Donald Trump's announcement of 100% tariffs on Chinese imports, which sparked a broader selloff in cryptocurrencies and equities. The crash erased $560 billion from the global crypto market cap, with DOGE's price briefly dropping to $0.095 DOGE at Crossroads: TD Sequential Hints at Bullish Reversal[4]. Institutional demand and whale activity, including $23 million in exchange outflows and the accumulation of 2 billion DOGEDOGE-- into corporate wallets, helped stabilize the price DOGE Price News: Dogecoin Suffers 50% Flash Crash - CoinDesk[1]. 21Shares launched its institutional DOGE ETF (TDOG), offering regulated exposure to the asset DOGE Price News: Dogecoin Suffers 50% Flash Crash - CoinDesk[1].

Despite the sharp decline, technical indicators and market dynamics suggest a potential reversal. The Relative Strength Index (RSI) showed oversold conditions, with a reading of 25.61, while Bollinger Bands indicated short-term consolidation around $0.0619–$0.0599 . A TD Sequential buy signal on the 4-hour chart and a developing cup-and-handle pattern further support a bullish reversal case . Whale activity, including the accumulation of 2 billion DOGE, and institutional ETF inflows have reinforced price resilience DOGE Price News: Dogecoin Suffers 50% Flash Crash - CoinDesk[1].

The crash, the largest liquidation event in crypto history, saw $19.1 billion in leveraged positions wiped out within 24 hours, with DOGE among the hardest-hit altcoins DOGE at Crossroads: TD Sequential Hints at Bullish Reversal[4]. However, post-crash analysis highlights key support levels at $0.19–$0.20, where institutional buyers absorbed panic selling DOGE Price News: Dogecoin Suffers 50% Flash Crash - CoinDesk[1]. Analysts note that a sustained break above $0.22 could invalidate bearish structures and target $0.25–$0.30 DOGE Price News: Dogecoin Suffers 50% Flash Crash - CoinDesk[1].

While macroeconomic uncertainty persists, including geopolitical tensions and Trump's tariff policies, some traders view the dip as a buying opportunity. The partial recovery to $0.19–$0.20 suggests a cooling-off phase rather than a trend reversal DOGE Price News: Dogecoin Suffers 50% Flash Crash - CoinDesk[1]. Institutional desks and ETF flows are seen as critical factors in determining DOGE's trajectory DOGE Price News: Dogecoin Suffers 50% Flash Crash - CoinDesk[1].

Comentarios



Add a public comment...
Sin comentarios

Aún no hay comentarios