Dogecoin Forms Bull Pennant With $0.37 Target as Price Stabilizes Above $0.22

By: bitcoin ethereum news|2025/05/13 21:00:13

DOGE forms a bull pennant on H4 chart with a projected target of $0.37. DOGE/BTC shows a historic pattern linked to a prior 30,000% surge. A fresh technical setup has been identified on the Dogecoin (DOGE) four-hour chart. The formation of a new bull pennant pattern has taken shape, marking a potential continuation of the recent upward trend. This development has emerged during a period of stabilized price action, giving analysts a clearer outlook for short-term movement. Bull Pennant Pattern Forms with Price Objective Set at $0.37 The bull pennant formation follows a recent consolidation period where DOGE traded within a tightening range. This pattern has historically indicated trend continuation in similar contexts. The setup is visible on the H4 timeframe, suggesting an attempt by bulls to regain momentum following earlier gains. A deeper analysis indicates that the flagpole extends from May 9, marking a sharp price surge that reached above $0.22. Price action has since consolidated into a symmetrical triangle, forming the pennant structure within a tightening range. The pattern’s technical measurement shows a projected target of $0.37 based on the flagpole height. This breakout setup reflects continuation from the prior bullish move, with consolidation occurring around the $0.22–$0.24 zone. The current structure remains intact as price hovers near the triangle’s upper boundary awaiting confirmation. If the pattern completes, this price objective aligns with technical expectations observed in similar movements. DOGE/BTC Forms Familiar Pattern From Previous 30,000% Rally To further validate the impending bullish movement, another observation by Trader Tardigrade hints at an upcoming spike. The analyst notes that a recurring market pattern on the Dogecoin to Bitcoin (DOGE/BTC) chart has raised attention across trading desks. The setup closely mirrors a historic formation that once preceded a massive 30,000% DOGE surge during the previous market cycle. The chart outlines a three-phase sequence. Initially, Bitcoin experienced a strong upward movement. This movement caused the DOGE/BTC ratio to drop sharply as capital rotated toward BTC. The second stage involved Bitcoin moving sideways in a consolidation phase. During this period, Dogecoin stabilized and set up for a larger breakout. The same formation has now appeared again, with traders watching closely for the third phase. If the pattern continues following historical movement, Dogecoin may be positioned for a prolonged upward move. What is the Current Dogecoin-Bitcoin Pair Market Performance? To validate this movement, a comparative price trend between Dogecoin and Bitcoin data further supports this action. According to CoinMarketCap data at the time of press, Dogecoin is trading at $0.2232 after recording a 7.64% drop over the past 24 hours. Its market capitalization decreased to $33.31 billion, reflecting a 7.62% decline. Despite the price dip, trading volume surged 44.06% to reach $4.37 billion, pushing the volume-to-market cap ratio to 13.14%. The circulating supply remains constant at 149.24 billion DOGE, equal to the total reported supply. The chart shows Dogecoin peaking near $0.2438 before entering a steady downtrend. Throughout the period, DOGE declined sharply while Bitcoin held relatively steady with lower volatility. Dogecoin’s value dropped nearly 12% from its peak before a minor recovery appeared toward the end of the session. Selling pressure was more intense on the asset than on Bitcoin, creating a visible gap between their charts. The development shows a rise in trading activity around DOGE during the time it declined. Highlighted Crypto News Today: ‌Truth Social Denies Memecoin Launch Rumors Amid Crypto Speculation Source: https://thenewscrypto.com/dogecoin-forms-bull-pennant-with-0-37-target-as-price-stabilizes-above-0-22/

Where the thunder of legions falls into a hallowed hush, the true kings of arena are crowned in gold and etched into eternity. Season 1 of WEEX AI Wars has ended, leaving a battlefield of glory. Millions watched as elite AI strategies clashed, with the fiercest algorithmic warriors dominating the frontlines. The echoes of victory still reverberate. Now, the call to arms sounds once more!

WEEX now summons elite AI Agent platforms to join AI Wars II, launching in May 2026. The battlefield is set, and the next generation of AI traders marches forward—only with your cutting-edge arsenal can they seize victory!

Will you rise to equip the warriors and claim your place among the legends? Can your AI Agent technology dominate the battlefield? It's time to prove it:

Arm the frontlines: Showcase your technology to a global audience;Raise your banner: Gain co-branded global exposure via online competition and offline workshops;Recruit and rally troops: Attract new users, build your community and achieve long-term growth;Deploy in real battle: Integrate with WEEX’s trading system for real market use and get real feedback for rapid product iteration;Strategic rewards: Become an agent on WEEX and enjoy industry leading commission rebates and copy trading profit share.

Join WEEX AI Wars II now to sound the charge!

Season 1 Triumph: Proven Global Dominance

WEEX AI Wars Season 1 was nothing short of a decisive conquest. Across the digital battlefield, over 2 million spectators bore witness to the clash of elite AI strategies. Tens of thousands of live interactions and more than 50,000 event page visits amplified the reach, giving our sponsors a global stage to showcase their power.

Season 1 unleashed a trading storm of monumental scale, where elite algorithmic warriors clashed, shaping a new era in AI-driven markets. $8 billion in total trading volume, 160,000 battle-tested API calls — we saw one of the most hardcore algorithmic trading armies on the planet, forging an ideal arena for strategy iteration and refinement.

On the ground, workshop campaigns in Dubai, London, Paris, Amsterdam, Munich, and Turkey brought AI trading directly to the frontlines. Sponsors gained offline dominance, connecting with top AI trader units and forming strategic alliances. Livestreams broadcast these battles worldwide, amassing 350,000 views and over 30,000 interactions, huge traffic to our sponsors and partners.

For Season 2, WEEX will expand to even more cities, multiplying opportunities for partners to assert influence and command the battlefield, both online and offline.

Season 2 Arsenal: Equip the Frontlines and Command Victory

By enlisting in WEEX AI Wars II as an AI Agent arsenal, your platform can command unprecedented visibility, and extend your influence across the world. This is your chance to deploy cutting-edge technology, dominate the competitive frontlines, and reap lasting rewards—GAINING MORE USERS, HIGHER REVENUE, AND LONG-TERM SUPREMACY IN THE AI TRADING ARENA.

Reach WEEX’s 8 million userbase and global crypto community. Unleash your potential on a global stage! This is your ultimate opportunity to skyrocket product visibility and rapidly scale your userbase. Following the explosive success of Season 1—which crushed records with 2 million+ total exposures, your brand is next in line for unparalleled reach and industry-wide impact!Test and showcase your AI Agent in real markets. Throw your AI Agents into the ultimate arena! Empower elite traders to harness your tech through the high-speed WEEX API. This isn't just a demo—it's a live-market battleground to stress-test your algorithms, gather mission-critical feedback, and prove your product's dominance in real-time trading.Gain extensive co-branded exposure and traffic support. Command the spotlight! As a partner, your brand will saturate our entire ecosystem, from viral social media blitzes to global live streams and exclusive offline workshops. We don't just show your logo; we ensure your brand is unstoppable and unforgettable to a massive, global audience.Enjoy industry leading rebates. Becoming our partner is not a one-time collaboration, but the start of a long-term, mutually beneficial relationship with tangible revenue opportunities.Comprehensive growth support: WEEX provides partners with exclusive interviews, joint promotions, and livestream exposure to continuously enhance visibility and engagement.

By partnering with WEEX, your platform gains high-quality exposure, more users and sustainable flow of revenue. The Hackathon is more than a competition. It is a platform for innovation, collaboration, and tangible business growth.

Grab Your Second Chance: Join WEEX AI Wars II Today

The second season of the WEEX AI Trading Hackathon will be even more ambitious and impactful, with expanded global participation, livestreamed competitions, and workshops in more cities worldwide. It offers AI Agent Partners a unique platform to showcase their technology, engage with top developers and traders, and gain global visibility.

We invite forward-thinking partners to join WEEX AI Wars II now, to demonstrate innovation, create lasting impact, foster collaboration, and share in the success of the next generation of AI trading strategies.

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official

Instagram: @WEEX Exchange

Tiktok: @weex_global

Youtube: @WEEX_Official

Discord: WEEX Community

Telegram: WeexGlobal Group

Nasdaq Enters Correction Territory | Rewire News Morning Brief

Tech Stocks are a Minefield

OpenAI loses to Thousnad-Question, unable to grow a checkout counter in the chatbox

What can achieve an AI shopping closed loop is platforms that already have a complete ecosystem, not AI companies that have to build everything from scratch.

Ethereum Foundation publishes: Restructuring the division of labor between L1 and L2, jointly building the ultimate Ethereum ecosystem

Ethereum Foundation sets a strong tone: L1 solidifies security and settlement base, L2 focuses on differentiated innovation, working together to break through fragmentation and build the strongest ecosystem.

Morning Report | Startale completes $63 million Series A financing; STS Digital launches structured cryptocurrency platform; Polymarket will charge a taker fee on almost all trading categories

Overview of Important Market Events on March 26

The most important thing in Web3 primary market investment

There is no perfect model, only builders who are respectful and responsible towards the market.

The strategic focus of cryptocurrency in reconstructing the international monetary system and the Chinese solution

Cryptocurrency has a significant impact on our country's international financial cooperation and creates great opportunities for enhancing our international financial discourse power. We must adapt to the new trends in the reform of the international monetary system, analyze the structural contradic...

Musk Poached Aave App's Web3 Prodigy

Aesthetic is a gift.

The Petro Order is Cracking. What Comes Next for the Middle East?

Ground War Begins, or Deterrence Takes Hold

ETF Fund Inflows Emerging, What's Still Missing for BTC to Fully Recover?

The market is entering a crucial phase of equilibrium.

Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry

AI agents are becoming the true native users of cryptocurrency; they do not need a beautiful interface, just a wallet and a payment track. This wave of "machine commerce" may be the most rational narrative in the crypto industry for years, or it may just be another round of hype in a new bottle.

Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy

Vision Chain aims to address the long-standing infrastructure bottlenecks in the European financial sector

What will the early Hyperliquid prediction market look like?

Unleash the Imagination Space of On-chain Finance

Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware

Delphi Labs founder's two-week deep dive into China's AI ecosystem: More bullish on hardware than expected, more bearish on software than expected, and observations on Chinese founders that flipped his prior beliefs.

Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle

CEA Industries' mNAV drops to 0.68, YZi Labs personally steps in to clean up the mess

WEEX AI Wars II: Enlist as an AI Agent Arsenal and Lead the Battle