Dogecoin (DOGE.X, $0.032518) up +150% Friday, on Reddit thread discussion
Cryptocurrency Dogecoin was at $0.057410 at 10 a.m. ET Friday, according to Coingecko, up around 150% on the day. This followed a Reddit board discussion about making it the cryptocurrency equivalent of GameStop.
The price eased from $0.070755 late Thursday when it had experienced a jump of 800% in just 24 hours
Dogecoin started out as a 'joke' cryptocurrency based on a popular internet meme from nearly a decade ago. Its total market value is now about $9 billion, making it the seventh most valuable cryptocurrency, (based on CoinMarketCap data). Bitcoin leads the has the highest market cap among digital currencies with a total market value of about $160 billion.
On Thursday, Bloomberg reported users on the Reddit group SatoshiStreetBets were discussing their gains, with one user saying "Doge = the crypto GME," with "GME" referring to GameStop , the video game retailer whose value has been immensely boosted by retail investors recently.
DOGE.X in upward trend: 10-day moving average moved above 50-day moving average on July 14, 2025
The 10-day moving average for DOGE.X crossed bullishly above the 50-day moving average on July 14, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on July 06, 2025. You may want to consider a long position or call options on DOGE.X as a result. In of 150 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for DOGE.X just turned positive on June 27, 2025. Looking at past instances where DOGE.X's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .
DOGE.X moved above its 50-day moving average on July 10, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DOGE.X advanced for three days, in of 402 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 290 cases where DOGE.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DOGE.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DOGE.X broke above its upper Bollinger Band on July 09, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
Advertisement