koinmilyoner
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With Elon Musk's Tesla losing $160B to US trade war, dogecoin price swings 10%. Is DOGE decoupling?
On Tuesday, dogecoin price reclaims the $0.15 level and shows a quick 10% return in the previous 24 hours.
The consolidating Tesla stock price of Elon Musk extends post Liberation Day losses to 17.5%.
Key market data point to DOGE price possibly detaching from Elon Musk's impact.
After a week of relentless sell-side pressure, the price of Dogecoin (DOGE) surged 10% within 24 hours and reclaimed the $0.15 level on Tuesday.
By comparison, following last week's Trump administration tariff decision, Tesla (TSLA) shares fell almost $160 billion in market valuation.
The directional difference between Dogecoin and Tesla prices begs a fundamental issue for investors: Is Dogecoin starting to separate from Elon Musk's long-standing influence?
Is Dogecoin pricing at last divorcing from Elon Musk's impact in 2025?
Elon Musk has historically had a big impact on Dogecoin price swings. From Dogecoin payments for Tesla goods to allusions at SpaceX events, the billionaire's tweets, public endorsements, and corporate integrations have all set significant DOGE prices swings in recent years.
Major news events and current price movements seen in DOGE and TSLA markets this week, however, point to a possible declining impact of Elon Musk on the memecoin. Two main explanations are listed below:
Trump's crypto approach puts DOGE behind.
Washington's most recent crypto plan is one driver driving this possible separation.
The Trump government revealed the "Crypto Strategic Reserve," a government-sponsored project to buy cryptocurrency, in March.
This notably excluded Dogecoin as many had expected Elon Musk's significant level of influence with the government to have different results.
Rather, Trump had started his own memecoins, Trump and MELANIA-at the inauguration, therefore lowering the likelihood of supporting a competing memecoin within the policies of the government.
Musk reiterated last week that any official government digital infrastructure does not yet have Dogecoin included into any plans. Still, DOGE price has rebounded fast, rising Tuesday over the $0.15 barrier mark.
This resiliency points to a mature investor base more sensitive to macro issues as prospects for government acceptance via Elon Musk's influence fade.
Dogecoin pricing stays free from trade war influence from Tesla.
Furthermore underlining the relative immunity of the crypto market from geopolitical concerns are Dogecoin's resiliency and divergence from Elon Musk-linked assets like Tesla.
US stocks have been under extreme pressure since President Trump declared a broad wave of import taxes last week; Tesla stands as one of the most affected brand.
After falling 17.5% and wiping around $160 billion in market value in the trading sessions after Trump's tariff declaration on April 2 to this Monday, Tesla shares started trading at $245 on Tuesday.
Especially, on Monday Elon Musk posted a video of Milton Friedman denouncing trade taxes after the first $160 billion losses on Tesla shares. This led to conjecture that close advisers to Trump could be advocating a compromise.
On the 24-hour chart after this mysterious post on X, TSLA price showed increases. Still, at press time the White House's posture is uncompromising. Given the generally gloomy attitude of the global market, the slump can continue in the next trading sessions.
The company's worldwide supply chains—especially with China and Canada—leave it vulnerable to retaliatory tariffs, therefore undermining expectations of reaching quarterly objectives as verified by Elon Musk in March.
By comparison, dogecoin is a distributed asset devoid of supply chain weaknesses or physical activities. Not by commodities prices or geopolitical danger, but by crypto market flows, community engagement, and investor mood, its price is shaped. DOGE has a degree of insulation that Tesla, a global company, simply can not have thanks to its disengagement from conventional economic factors.
Investors are eagerly watching as Dogecoin maintains stability around $0.16 in line with Tesla's $160 billion slide. Whether this tendency will endure for the next foreseeable future is yet to be seen. But starting at the turn of the year, DOGE pricing has clearly shown early symptoms of decoupling from Elon Musk's X feed.
Currently trading at $0.1511 after recovering from a recent low of $0.14, dogecoin price has recovered the $0.15 level. Although this action shows a 10% rebound in 24 hours, data point to caution in expecting a continuous breakthrough above $0.16.
Reflecting residual negative momentum even with the increase, the Relative Strength Index (RSI) is low at 36.95, considerably below the 50-neutral zone.
The RSI's inability to pass its moving average—yellow line at 42.16—suggests declining purchasing vigor, hence eroding confidence in the lifetime of the rally. This difference draws attention to a possible tiredness in bullish pressure unless volume guarantees further upward movement.
Volume surged to 877.38 million DOGE, indicating fresh interest; nevertheless, the price stays below the 50-day moving average close to $0.17, hence constraining optimistic short term growth. More especially, the Bollinger Bands are tightening and show a volatility squeeze with resistance around $0.19 and support at $0.15.
This implies rather than the beginning of a fresh uptrend, the current rally might be a correction of oversold circumstances.
Targeting $0.17, a daily closing above $0.16 might change the short-term bias positive.
On the other hand, a closing below $0.15 would confirm the decline and run the danger of a $0.13 retreat. The present trading indication indicates that RSI crossing confirmation and volume follow-through will determine the price of Dogecoin today.
#DOGE #TrumpTariffs #BTCvsMarkets #NextCryptoETFs?
The consolidating Tesla stock price of Elon Musk extends post Liberation Day losses to 17.5%.
Key market data point to DOGE price possibly detaching from Elon Musk's impact.
After a week of relentless sell-side pressure, the price of Dogecoin (DOGE) surged 10% within 24 hours and reclaimed the $0.15 level on Tuesday.
By comparison, following last week's Trump administration tariff decision, Tesla (TSLA) shares fell almost $160 billion in market valuation.
The directional difference between Dogecoin and Tesla prices begs a fundamental issue for investors: Is Dogecoin starting to separate from Elon Musk's long-standing influence?
Is Dogecoin pricing at last divorcing from Elon Musk's impact in 2025?
Elon Musk has historically had a big impact on Dogecoin price swings. From Dogecoin payments for Tesla goods to allusions at SpaceX events, the billionaire's tweets, public endorsements, and corporate integrations have all set significant DOGE prices swings in recent years.
Major news events and current price movements seen in DOGE and TSLA markets this week, however, point to a possible declining impact of Elon Musk on the memecoin. Two main explanations are listed below:
Trump's crypto approach puts DOGE behind.
Washington's most recent crypto plan is one driver driving this possible separation.
The Trump government revealed the "Crypto Strategic Reserve," a government-sponsored project to buy cryptocurrency, in March.
This notably excluded Dogecoin as many had expected Elon Musk's significant level of influence with the government to have different results.
Rather, Trump had started his own memecoins, Trump and MELANIA-at the inauguration, therefore lowering the likelihood of supporting a competing memecoin within the policies of the government.
Musk reiterated last week that any official government digital infrastructure does not yet have Dogecoin included into any plans. Still, DOGE price has rebounded fast, rising Tuesday over the $0.15 barrier mark.
This resiliency points to a mature investor base more sensitive to macro issues as prospects for government acceptance via Elon Musk's influence fade.
Dogecoin pricing stays free from trade war influence from Tesla.
Furthermore underlining the relative immunity of the crypto market from geopolitical concerns are Dogecoin's resiliency and divergence from Elon Musk-linked assets like Tesla.
US stocks have been under extreme pressure since President Trump declared a broad wave of import taxes last week; Tesla stands as one of the most affected brand.
After falling 17.5% and wiping around $160 billion in market value in the trading sessions after Trump's tariff declaration on April 2 to this Monday, Tesla shares started trading at $245 on Tuesday.
Especially, on Monday Elon Musk posted a video of Milton Friedman denouncing trade taxes after the first $160 billion losses on Tesla shares. This led to conjecture that close advisers to Trump could be advocating a compromise.
On the 24-hour chart after this mysterious post on X, TSLA price showed increases. Still, at press time the White House's posture is uncompromising. Given the generally gloomy attitude of the global market, the slump can continue in the next trading sessions.
The company's worldwide supply chains—especially with China and Canada—leave it vulnerable to retaliatory tariffs, therefore undermining expectations of reaching quarterly objectives as verified by Elon Musk in March.
By comparison, dogecoin is a distributed asset devoid of supply chain weaknesses or physical activities. Not by commodities prices or geopolitical danger, but by crypto market flows, community engagement, and investor mood, its price is shaped. DOGE has a degree of insulation that Tesla, a global company, simply can not have thanks to its disengagement from conventional economic factors.
Investors are eagerly watching as Dogecoin maintains stability around $0.16 in line with Tesla's $160 billion slide. Whether this tendency will endure for the next foreseeable future is yet to be seen. But starting at the turn of the year, DOGE pricing has clearly shown early symptoms of decoupling from Elon Musk's X feed.
Currently trading at $0.1511 after recovering from a recent low of $0.14, dogecoin price has recovered the $0.15 level. Although this action shows a 10% rebound in 24 hours, data point to caution in expecting a continuous breakthrough above $0.16.
Reflecting residual negative momentum even with the increase, the Relative Strength Index (RSI) is low at 36.95, considerably below the 50-neutral zone.
The RSI's inability to pass its moving average—yellow line at 42.16—suggests declining purchasing vigor, hence eroding confidence in the lifetime of the rally. This difference draws attention to a possible tiredness in bullish pressure unless volume guarantees further upward movement.
Volume surged to 877.38 million DOGE, indicating fresh interest; nevertheless, the price stays below the 50-day moving average close to $0.17, hence constraining optimistic short term growth. More especially, the Bollinger Bands are tightening and show a volatility squeeze with resistance around $0.19 and support at $0.15.
This implies rather than the beginning of a fresh uptrend, the current rally might be a correction of oversold circumstances.
Targeting $0.17, a daily closing above $0.16 might change the short-term bias positive.
On the other hand, a closing below $0.15 would confirm the decline and run the danger of a $0.13 retreat. The present trading indication indicates that RSI crossing confirmation and volume follow-through will determine the price of Dogecoin today.
#DOGE #TrumpTariffs #BTCvsMarkets #NextCryptoETFs?
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