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Cryptocurrency News Articles
Dogecoin (DOGE) Eyes $0.29 Breakout as Pi Coin Holds Steady Above Resistance
May 02, 2025 at 08:00 am
(DOGE) is trading just above $0.16 as
Dogecoin (CRYPTO: DOGE) is trading just above the $0.16 mark as traders keep an eye on its next move. According to an analyst, a breakout above the $0.17 resistance could open the path toward $0.29. However, DOGE must hold firm at the $0.13 support level to keep that potential alive. The coin’s performance in this tight range is shaping up to be a deciding factor in its near-term trend.
The analysis
As Benzinga reported earlier this week, Dogecoin is testing the familiar resistance level at $0.17. According to the analyst, who goes by the handle "CRYPTO_GOAT" on X, maintaining the support at $0.13 is crucial for a potential surge toward $0.21 and ultimately $0.29.
The analyst noted a bullish MACD crossover on the 3-day chart, indicating momentum potential, despite a recent dip in user activity. Currently trading around $0.1658, DOGE has a market cap of nearly $24.7 billion.
The $0.13-$0.17 range is being observed closely as a critical decision zone, and a push past $0.17 would likely confirm a bullish trend. While daily active addresses have decreased from December highs, trendlines and MACD signals suggest that the rally may continue if key levels are hit.
The potential for a drop to $0.11 is also being considered if the support at $0.13 fails.
On the other hand, Pi Coin (PI) is showing stability as it moves steadily between $0.74 and $0.75 after climbing out of a long downtrend. It now faces pressure at the $0.75 level, which could determine whether the next move is upward or downward.
Both DOGE and Pi are entering crucial zones, but a growing number of crypto enthusiasts are turning their attention to BlockDAG (BDAG). With its Buyer Battles feature and a limited-time offer of $0.0019 before the $0.05 launch price, BlockDAG is one of the most-watched crypto platforms right now.
BlockDAG: Reaches $223M Presale Revenue
The presale for BlockDAG has reached over $223 million in total revenue, with more than 19.6 billion coins sold. As interest in the project continues to grow, BlockDAG is now offering a limited-time entry price of $0.0019, which is the last opportunity to buy before the official launch price of $0.05 goes live. This offer is not a rollback but a final window for those who wish to act early.
The project’s unique Buyer Battles feature has made the presale more interactive. Each day, 25 million BDAG coins are released. If they are not fully purchased, the top buyer of the day receives the remaining coins at no extra cost. This format rewards active buyers and creates a sense of daily competition.
BlockDAG also has a tiered leaderboard that classifies participants from Crabs to Whales, giving buyers bragging rights and visibility in the community. The gamified system adds fun and urgency to each purchase.
With over 17,232 miners sold, totaling more than $6.9 million, the interest in BlockDAG’s mining hardware shows real traction. The current Batch 27 is priced at $0.0248, marking a 2,380% increase from the original rate. With 10 CEX listings expected in 2025, BlockDAG is a strong contender among new crypto platforms.
Pi Coin Remains Stable Above Key Support
In other news, Pi Coin is currently trading around $0.744, maintaining a tight range just below the $0.75 resistance. A successful close above this level could pave the way for targets at $0.80 or even $0.84. However, failure to breakthrough may result in a pullback to the $0.70-$0.72 zone.
Technical indicators present a mixed picture: while the RSI is below 50 but trending upward, the MACD remains negative. Other indicators like ROC, CCI, and Bull/Bear Power suggest bullish potential. The coin’s ability to hold above $0.72 is crucial for sustaining its breakout momentum.
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