Amid the rapidly shifting market conditions, the memecoin sensation DOGE is struggling to recover from the recent price slumps. While a strong bearish signal is preventing the Dogecoin price from hitting a potential rebound, IntelMarkets is swiftly attracting the memecoin market with its widespread adoption, AI-driven trading signals, and successful million-dollar presale.
Dogecoin (DOGE) Price Nears Major Resistance Levels
Dogecoin (DOGE) has lost 23% of its value over the last 30 days, which has caught many long-positioned traders off guard as they expected multiple rebounds from DOGE. While some cryptos in the market have shown signs of recovery, the Dogecoin price appears more bearish. In the last quarter of 2024, DOGE was one of the market’s top performers.
However, after failing to sustain lost gains and eradicating the possibility of a quick $1 valuation, indicators suggest DOGE’s decline may not be over just yet. At the time of writing, the Dogecoin price was trading around $0.25, which is an alarming dip from its $0.48 peak in December. During that period, the Realized Cap was one metric keeping the Dogecoin price in an uptrend.
The Realized Cap is used to assess a crypto’s actual economic weight by analyzing the price at which each coin last moved. Historically, when the reading increases, it indicates a notable accumulation phase that could precede a price increase. As for the Dogecoin price, the metric was $2.48 billion on December 17.
DOGE Technical Indicators Flash 30% Drop With Signs of a Rebound
Like the Realized Cap, the price Daily Active Addresses (DAA) divergence supports the bias that the Dogecoin price is unlikely to rebound. Typically, positive values of the price DAA indicate a lot of interaction with the crypto and are a bullish sign. However, in DOGE’s case, that is not the situation.
According to Santiment, the DAA divergence for the Dogecoin price has remained negative. At 138.56%, the metric indicates a lack of user participation with DOGE, which is another bearish sentiment. If this trend remains the same, the Dogecoin price could see another round of extended correction.
IntelMarkets’ AI-Powered Blockchain Leads DOGE Amid Crash
While Dogecoin whales are facing a dark period in the memecoin market, IntelMarkets (INTL) is on the brink of becoming the next big thing in the market. The platform’s AI-powered blockchain is rapidly growing in popularity among memecoin investors as they seek shelter to recover losses. IntelMarkets’ presale stage 10 has raised $1.62M so far.
IntelMarkets (INTL) takes priority over the traditional crypto trading platforms with its first native AI blockchain platform. The platform offers the best methods to buy, sell, and trade cryptos through its advanced AI agents. IntelMarkets combines next-generation analytics with layer-1 blockchain technology to deliver AI-powered trading signals for savvy investors and traders.
IntelMarkets (INTL) Mega Presale Success Tops Charts
This emerging platform has attracted an enormous investor community to its ongoing presale rally. With its presale stage 10 rushing towards completion in the coming weeks, IntelMarkets’ mega presale success has topped charts in the trillion-dollar crypto market. Given the current performance statistics, IntelMarkets could push its $0.09 altcoin to the $1 mark post-launch.
As Dogecoin price eyes potential rebound signals on the price chart, the next-generation platform IntelMarkets is quietly grabbing global attention among Saudi investors, memecoin whales, and the broader crypto community. If you’re on the lookout for the next modern-generation AI crypto, make sure to check out IntelMarkets’ presale below.
Discover More About IntelMarkets:
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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