Will Dogecoin Price Jump 275% as Golden Cross and Derivatives Volume Surge?

Jakarta, Pintu News – On August 14, the price of Dogecoin (DOGE) fell by 3.59% on today, August 14, to trade at $0.237. These drops are not uncommon, but rather a reflection of price declines in the broader market.

Nonetheless, the golden cross pattern is still visible, signaling a potential price spike of 275% as derivatives trading volumes increase.

Dogecoin Price Flirts with 275% Rise as Golden Cross Appears

According to Coingape (14/8) Dogecoin recorded a golden cross earlier this week. When this happens, it is usually taken as a sign that the short-term trend is tending towards optimistic traders.

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Not long after, some DOGE whales started going long, clearly hoping that this pattern would repeat itself as before.

The last time a golden cross appeared, the price of DOGE shot up by 276%. That happened in November 2024. Interestingly, the current conditions are very similar to the situation in November. At that time, the market sentiment was very bullish, and the same can be seen today.

If history repeats itself and this crossover has the same impact as last year, a 276% increase might happen again, which would take the Dogecoin price to $0.769. At that point, DOGE would reach an all-time high.

However, this golden cross will only have meaning if the buyers respond actively and start increasing purchases. Right now, there is a bit of hesitation as the RSI indicator is moving up and down without a clear direction. This suggests that not only are buyers waiting for an opportunity, but sellers are also looking for the right moment to sell.

Overall, this analysis shows that in the near term, the Dogecoin price has the potential to move up. However, long-term Dogecoin price projections could yield even greater gains.

DOGE Derivatives Trading Volume Skyrockets

While some traders choose to buy Dogecoin on the spot market for storage, futures traders are no less active.

Read also: Dogecoin Price Drops 9% Today, While Whale Accumulates 2 Billion DOGE

Their trading volume in the derivatives market is huge. According to data from Coinglass, Dogecoin’s derivatives trading volume has even crossed $10 billion in the last 24 hours (Aug 14).

In the derivatives market, traders have little room to make mistakes. Therefore, when they start investing in Dogecoin, it shows that the interest in this coin is very high and the price is expected to move up.

In addition to the 31% jump in trading volume, the funding rate showed that longs dominated. This funding rate had just experienced a sharp spike, and when this happened, the long traders didn’t back down. They were even willing to pay more to maintain their positions.

In conclusion, although the Dogecoin price may fluctuate today, the bulls remain undaunted. They believe that the golden cross could deliver a 275% gain just like it did last year.

If this does materialize, DOGE could reach an all-time high.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Will Dogecoin Price Soar 275% as Golden Cross Aligns with Soaring Derivative Volumes? Accessed on August 15, 2025