Dogecoin (DOGE) traded at $0.14 on Friday, up 0.25% in the last 24 hours, 
according to market tickers. The coin’s weekly performance showed a fall of 
7.40%. Trading activity has eased sharply, with one source reporting a drop in 
volume of 50%. Related Reading: XRP Ledger May Get A Tokenized Gold Upgrade, 
Web3 Founder Reveals Key Momentum Readings And Moving Averages According to 
market data, DOGE RSI sits at 52.70 with a signal line at 52, which points to 
fairly balanced momentum and no clear bias. Exponential moving averages line 
up as follows: EMA 20 at $0.13, EMA 50 at $0.14, EMA 100 at $0.15 and EMA 200 
at $0.17. The EMA set shows a downward curve overall, and the EMA 50 is being 
watched closely as a short-term barrier. The coin’s market capitalization 
stood at $23.60 billion. Analysts Offer Targets As Price Forms Higher Lows 
Crypto analyst Jonathan Carter set a ladder of upside targets at $0.15, $0.18, 
$0.20, $0.24 and $0.28, saying that those levels correspond to past reaction 
points on the chart. Based on reports, Carter views price action above the 
50-day average as an early sign that momentum is returning. #DOGE Descending 
Channel Breakout Imminent👨‍💻 Dogecoin is poised to break out from the 
descending channel formation on the daily chart💁‍♂️ Price action above the MA 
50 indicates a potential reversal from a prolonged downtrend structure🔍 Upside 
targets: 🎯 $0.153 🎯 $0.182 🎯… pic.twitter.com/EfRjyg6tfo — Jonathan Carter 
(@JohncyCrypto) January 11, 2026 DOGE has been building higher lows, which 
would be a positive structure if it holds. Other analysts identified the all- 
time high at $0.73 as a long-term reference and noted a fourfold minimum 
growth target from current prices under the existing trend. Open Interest 
Climbs While Volume Drops CoinGlass data showed trading volume down by 43% to 
$1.30 billion in one report, even as Open Interest rose 1.70% to $1.80 
billion. Total liquidations in the last 24 hours were listed at $596K, with 
long positions making up $431K and shorts $165K. This split suggests more long 
exposure among leveraged traders at the moment. Market Structure Means A Clear 
Move Is Needed Traders are sizing up several clear levels. A sustained move 
above EMA 50 at $0.14 could invite more buyers. A failure to hold the EMA 20 
support at $0.13 would raise questions about the short-term strength. While 
momentum indicators are neutral now, a decisive break either way would likely 
be followed by sharper swings given low volume. Related Reading: Bitcoin’s 
Next Peak Might Ignite ADA’s Rally, Says Cardano Creator The current picture 
is mixed: signals of regained momentum sit beside declining volume and a 
downward slope in longer EMAs. Positions are being kept, as shown by rising 
Open Interest, but many market participants appear to be waiting for 
confirmation. If buying pressure returns and volume recovers, the analyst 
targets listed above could come into focus. If not, the chart may remain in a 
tight range for some time. Featured image from Unsplash, chart from 
TradingView

Dogecoin Bulls Watch $0.28 As Breakout Signals Stack Up

Crypto trading platform MEXC has rolled out a new promotional campaign built 
around its peer-to-peer marketplace, offering a $200,000 airdrop pool 
exclusively for users making their first-ever deposit on the platform. The 
limited-time event began on Jan. 4, 2026, at 11:00 UTC and will run until Jan. 
31 at 16:59 UTC. Participation is restricted to accounts that have never 
previously deposited funds on MEXC, with eligibility tied specifically to 
deposits completed through the exchange’s P2P channel rather than standard 
trading methods. To take part, users must first register for the campaign via 
the dedicated event page. Only after opting in are participants able to 
qualify by completing their first P2P deposit and reaching a net deposited 
amount exceeding $100 during the event period. MEXC notes that users who fail 
to register before depositing will not be counted toward the promotion. 
Participants who meet the requirements within seven days of registration 
unlock a fixed 10 USDT reward. All rewards are distributed from a shared 
$200,000 pool and allocated on a first-come, first-served basis, meaning that 
late participants may miss out once the pool is fully claimed. Following the 
conclusion of the campaign, eligible rewards will be credited directly to 
users’ Spot wallets. MEXC states that distribution will take place within 14 
calendar days after the event ends, with most users expected to receive their 
airdrops within five business days. The campaign places renewed focus on 
MEXC’s P2P trading service, which allows users to purchase cryptocurrencies 
using local currencies, flexible pricing, and a wide range of payment methods. 
Unlike traditional exchange trades, P2P transactions on MEXC come with zero 
platform fees, a feature the exchange continues to promote as competition 
among P2P marketplaces intensifies. Through the P2P platform, users can access 
major cryptocurrencies including USDT, Bitcoin, Ethereum, USDC, Dogecoin, and 
Solana. The service is designed to cater to regions where direct fiat on-ramps 
may be limited or where users prefer localized payment options. However, the 
exchange has outlined several restrictions tied to the promotion. Users who 
withdraw funds within 24 hours of meeting the deposit requirements will be 
disqualified from receiving rewards. In addition, participants who have 
previously received rewards from other MEXC P2P promotions are excluded from 
this campaign. Eligibility is limited to main accounts only. Sub-accounts 
cannot participate independently, and any activity associated with them will 
be consolidated under the primary account for the purposes of eligibility 
checks and reward calculations. MEXC also applies internal risk and compliance 
reviews before rewards are finalized. Any attempts to manipulate the event, 
including creating multiple accounts, providing false identity information, 
inflating trading data, or engaging in other forms of abnormal activity, may 
result in disqualification and forfeiture of rewards. The exchange added that 
the campaign rules may be adjusted or terminated if necessary. Users were also 
reminded that cryptocurrency markets remain volatile and that promotional 
incentives do not remove the risks associated with trading digital assets. 
Claim the P2P airdrop

MEXC offers $200,000 P2P airdrop to attract new users

The SEC delayed decisions on two crypto ETFs and opened public comments on 
options tied to a Grayscale multi-asset crypto fund.

SEC delays PENGU and T. Rowe crypto ETFs as Grayscale seeks options green light

Analysts attributed these movements to developing geopolitical events in 
Venezuela and Iran, and to the DOJ probe into Fed Chair Jerome Powell, which 
was interpreted as a blow to the institution’s independence. Gold crossed the 
$4,600 mark, and the dollar index fell to 99 early Monday. Markets Fly to 
Gold’s Safety as Fed Chair Jerome Powell […]

Gold Breaks Records, Dollar Falls After Fed’s Probe Reveal

Gold and silver already charted fresh all-time highs, will BTC follow suit?

Cryptocurrency price in HUF