Urgent Warning for Dogecoin Holders: Network Closure Imminent

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 hour ago

Explore Agentic TradingLet AI Trade for You

Network Closure Warning: The Dogechain network has announced its imminent shutdown, urging users to withdraw assets within two months to avoid permanent inaccessibility, highlighting the adverse impact of market conditions on decentralized finance applications.
Urgency of Asset Transfer: Mishaboar emphasizes that not only DOGE but also all tokens and digital assets on the network face irretrievable risks, necessitating immediate action from users to safeguard their holdings.
Historical Data Access Limitation: Once Dogechain shuts down, users will lose access to historical data, representing a significant loss for developers and users reliant on the network, which could affect future operations and decisions.
Security Vulnerability Alert: The Dogeparty team warns users that wallets created in 2014 and 2015 may have security flaws, necessitating immediate asset transfers to prevent potential losses from system defects.

Get Real-Time Alerts for Any Crypto Movement

Monitor assets like DOGE with instant alerts on price breakouts and whale movements. Don't let a 24/7 market leave you behind.

Technical Analysis for DOGE

Technical Sentiment Analysis for Dogecoin (DOGE). As of , Dogecoin (DOGE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 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 crypto.

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	0.0721	0.077	0.0812	0.086	0.0903	0.0951	0.0993
Fibonacci	0.077	0.0804	0.0826	0.086	0.0895	0.0917	0.0951

About DOGE

Dogecoin (DOGE) is based on the popular 'doge' Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Let AI Trade for You

Auto Trading Task on DOGE?

Get Started Free