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's RSI Oscillator recovers from overbought zone
The 10-day RSI Oscillator for DOGE.X moved out of overbought territory on September 23, 2026. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 instances where the indicator moved out of the overbought zone. In 23 of the 35 cases the stock moved lower in the days that followed. This puts the odds of a move down at 66%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 05, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on DOGE.X as a result. In 85 of 159 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 53%.
The Moving Average Convergence Divergence Histogram (MACD) for DOGE.X turned negative on October 01, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 59 similar instances when the indicator turned negative. In 31 of the 59 cases the stock turned lower in the days that followed. This puts the odds of success at 53%.
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 50 of 62 cases within the following month. The odds of a continued downward trend are 57%.
DOGE.X broke above its upper Bollinger Band on September 21, 2026. 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.
The Aroon Indicator for DOGE.X entered a downward trend on September 17, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 45 of 96 cases where DOGE.X's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 47%.
The 50-day moving average for DOGE.X moved above the 200-day moving average on October 05, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +6.75% 3-day Advance, the price is estimated to grow further. Considering data from situations where DOGE.X advanced for three days, in 214 of 391 cases, the price rose further within the following month. The odds of a continued upward trend are 55%.
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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