Dogecoin price eyes rebound toward $0.16 if $0.14 floor continues to hold

Dogecoin (DOGE) has stabilized above a key support level around $0.14, marking a period of consolidation as market participants assess technical indicators and adoption trends. Despite a muted response to its 12th anniversary, network activity has surged, with daily active addresses exceeding 67,000, reflecting increased engagement within the community.

Ethereum has experienced significant inflows to Binance, marking the largest daily exchange netflow since 2023, amidst a period of price consolidation between $3,000 and $3,200. This development has raised concerns among analysts about a potential bearish phase due to weakening demand and market uncertainty.

Circle has secured a Financial Services Permission (FSP) license from the Abu Dhabi Global Market (ADGM), marking a significant step in its expansion into the Middle East and positioning the company to enhance stablecoin adoption in the region.

Dogecoin has experienced a notable surge alongside Ether, which has risen by 8%, indicating a potential bullish reversal for memecoins. This breakout has established a continuation zone, contingent on bulls maintaining the mid-range pivot recently reclaimed.

At the Bitcoin MENA conference, Binance founder Changpeng Zhao (CZ) announced that the traditional four-year Bitcoin cycle is over, predicting a potential Bitcoin supercycle driven by its growing role in global finance. This statement comes amidst a backdrop of fluctuating market conditions and evolving investor sentiment towards Bitcoin.

Shiba Inu has experienced a significant increase in spot trading volume across major exchanges, including a 154% rise on Kraken over the past week, indicating a potential bullish trend for the second-largest meme coin by market cap. This surge comes as the broader cryptocurrency market faces declines, suggesting that buyers are stepping in to support the SHIB price at critical levels.

The total value traded for spot Dogecoin ETFs has reached its lowest point since their launch, indicating a decline in interest as liquidity and trading volumes lag significantly behind those of major cryptocurrencies like Bitcoin and Ethereum. This trend reflects a diminishing hype surrounding Dogecoin as a viable investment option.

Cardano's ADA price is currently trading around $0.43 on Binance, facing short-term resistance at $0.45 and intraday support near $0.42–$0.40. The market structure suggests a volatile range with a slight downside bias as the year-end approaches, unless bullish momentum can be established.