4,897,291 DOGE Shorts Liquidation Hit as Buyers Return, What's Next?

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The broader crypto market showed signs of recovery early Sunday with major cryptocurrencies, including Dogecoin, returning to the green. Advertisement At the time of writing, DOGE was up 2% in the last 24 hours to $0.096. The positive price increase caught short sellers unawares, with short positions accounting for the majority of liquidations in the last 24 hours. According to CoinGlass data , short liquidations accounted for $470,140 or 4,897,291 DOGE in the last 24 hours. HOT Stories Ripple's Schwarz: Bad Logic Says XRP Sales Give Discounts XRP Teases 'Big Bang' Scenario Ahead of March 19: Bollinger Bands, Dogecoin (DOGE) Jumps 176% to Break 6-Figure Threshold in Active Addresses, Shiba Inu Coin Sees 63.772 Billion SHIB Unlock on Bitget — Morning Crypto Report The price action in the last 24 hours continues a recovery from the March 8 low of $0.086. Although Dogecoin's price rise has been slow, the market is presenting signs of renewed demand. Advertisement You Might Also Like Fri, 03/13/2026 - 14:59 Dogecoin Spot ETFs Record Zero Net Inflows Over 24 Hours Despite 7% Spot Market Rally By Tomiwabold Olajide Dogecoin rose for three days at a stretch from March 12, rising to the higher bound of its recent trading range. The broader picture still remains that of consolidation, with Dogecoin trading sideways between $0.0799 and $0.117 since February. What's next? Dogecoin resorted to a tight trading range between $0.094 and $0.097 after a three-day rise took its price to $0.101 on March 13. Advertisement You Might Also Like Wed, 03/11/2026 - 13:03 Dogecoin (DOGE) Prints +100% Surge in Volume: Are Meme Coins Becoming More Active? By Arman Shirinyan The tight trading range suggests a potential range expansion in the immediate term. A break above the daily MA 50 near $0.1 might open the door to a rise to $0.12. Dogecoin may consolidate between $0.09 and $0.12 for a little longer if the price drops from $0.12. A close above the $0.12 resistance might pave way for a rally to the $0.16 level, while a break below the $0.09 support will target $0.0799. A potential catalyst for Dogecoin in the coming days is the upcoming payments feature on social media X scheduled to go live next month, although there are no indications of crypto integrations yet. In February, X's Head of Product Nikita Bier indicated that crypto trading tools would arrive on X through Smart Cashtags but clarified the application would not execute trades or act as a brokerage. #Dogecoin News #Dogecoin Price Prediction #Dogecoin