Dogecoin News Today: Contrasting Paths in Crypto: ADA and DOGE Face Challenges While BlockDAG's Presale Gains Momentum
- Cardano (ADA) confirms a "death cross" on hourly charts, dropping below $0.60 after large holders sold 100M ADA, intensifying bearish pressure. - Dogecoin (DOGE) consolidates near $0.18 support, with DeFi growth (5.10% 24h TVL rise) and technical indicators suggesting potential for $0.25-$0.33 gains if support holds. - BlockDAG's $435M presale surges, attracting 312K holders and institutional backing, with a planned $0.05 Feb 2026 listing positioning it as a "Layer-1 breakout" candidate. - Divergent cryp
Cardano (ADA), currently ranked as the tenth-largest cryptocurrency, is experiencing renewed downward momentum after a "death cross" appeared on its hourly chart, indicating stronger short-term selling pressure. ADA has dropped for four straight days, sliding from a weekly peak of $0.693 to below $0.60. Experts point to significant profit-taking by major investors, who offloaded 100 million
At the same time,
The differing paths of these assets highlight broader trends in the market. While ADA and DOGE face technical and macroeconomic headwinds, there remains strong demand for high-growth speculative plays in the crypto space. Observers suggest that DOGE's DeFi developments and ADA's on-chain metrics will be key for short-term direction, while upcoming blockchain projects could bring new liquidity factors in early 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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