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Leading meme currency Dogecoin has dipped close to 50% year-to-date. It stepped foot into 2025 trading at $0.31 and soared to a high of $0.42 on the heels of Trump’s inauguration in January. However, it shed most of its gains thereon and has now fallen to $0.16 on Wednesday. The relentless decline is causing distress to investors as it erased all profits it generated in less than three months. Traders who took an entry position this year are all under losses with no signs of a quick recovery. Source: TradingView Also Read: AI Predicts Ripple’s Price If Franklin Templeton’s XRP ETF Is Approved Dogecoin: Time To Buy the Dip? Source – StormGain The entire Dogecoin community is rooting for the meme currency to hit the $1 mark in the coming years. The goal is to get there during the bull run and reap the rewards that it has to offer. Despite its ups and downs, traders are holding on to the meme currency in the hopes of reaching the target someday. The timeframe could be longer th...

Amid price retracement by the majority of assets in the cryptocurrency market, Bitcoin (BTC) is also reversing the gains it attained earlier this week, but this does not necessarily mean a bad thing as it can provide an ideal opportunity to accumulate the maiden crypto before it potentially skyrockets. Specifically, as crypto trading expert Ali Martinez pointed out, Bitcoin has retraced every time its relative strength index (RSI) hit 73.31 on the 4-hour chart since mid-April, which could present a chance to ‘buy the dip,’ as he highlighted in his X post published on September 20. Bitcoin price action analysis. Source: Ali Martinez According to the cryptocurrency analyst’s observations: “We’re seeing this again as BTC approaches a descending resistance trendline at $27,440. A correction from here might take BTC to $25,200 or below, providing a potential ‘buy the dip’ opportunity.” Cryptocurrency Musk’s DOGE dream: What if Tesla bought Dogecoin instead of Bitc...