Coinbase's Paul Grewal Announces Conclusion of Operation Choke Point 2.0
End of Operation Choke Point 2.0: Coinbase's Chief Legal Officer, Paul Grewal, announced the conclusion of Operation Choke Point 2.0, attributing the shift to the Trump administration's deregulatory policies, which have opened the U.S. banking system to digital asset firms.
Institutional Growth in Crypto: The end of the operation has led to increased institutional involvement in the crypto sector, with major players like Vanguard participating, and significant gains seen in cryptocurrencies such as XRP, USDC, Solana, and Dogecoin.
Impact of Regulatory Changes: The legalization of the crypto industry in the U.S. has facilitated institutional capital flow into digital assets, aided by an accelerated listing process for spot crypto ETFs, further integrating traditional finance with the crypto market.
Future Regulatory Anticipation: The crypto sector is awaiting the implementation of the CLARITY Act for clearer regulations, with Coinbase advocating for pro-crypto leaders ahead of the 2026 midterm elections to support ongoing regulatory clarity efforts.
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Technical Analysis for DOGE
Technical Sentiment Analysis for Dogecoin (DOGE) As of , Dogecoin (DOGE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DOGE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, DOGE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Dogecoin (DOGE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0457 | 0.0628 | 0.0816 | 0.0988 | 0.118 | 0.135 | 0.153 |
| Fibonacci | 0.0628 | 0.0766 | 0.085 | 0.0988 | 0.112 | 0.121 | 0.135 |
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