$850 Million Liquidations Impact ETH, SOL, DOGE
- Market Confidence Shaken: Ethereum, Solana, and Dogecoin experienced a significant 7% decline in January 2026 due to the liquidation of $850 million in bullish bets, highlighting vulnerabilities in leveraged positions and impacting overall market confidence.
- Surge in Trading Volumes: The liquidation led to trading volumes for Solana and Dogecoin reaching billions, reflecting investor concerns over broader market uncertainties, with market participants keenly observing the situation.
- Increased Volatility for Solana: Solana has dropped 46.6% from its peak in 2025, with this historic dip underscoring the persistent volatility in crypto markets; experts suggest that despite this volatility, long-term growth potential remains intact.
- Warnings on Future Price Behavior: Analysts caution that the current market pattern may not stabilize soon, as historically, such downturns signal the need for cautious trading, with future financial and regulatory conditions likely to significantly influence price movements.
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Technical Analysis for DOGE
Technical Sentiment Analysis for Dogecoin (DOGE) As of , Dogecoin (DOGE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DOGE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, DOGE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Dogecoin (DOGE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0433 | 0.0617 | 0.082 | 0.1 | 0.121 | 0.139 | 0.159 |
| Fibonacci | 0.0617 | 0.0765 | 0.0856 | 0.1 | 0.115 | 0.124 | 0.139 |
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