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Dogecoin

DOGE - THE ULTIMATE MEME - $2.41 - CryptoManiac101Here's a quick TA analysis based off a macro analysis with the usage of fractals. 1. Fibonacci Levels: - The chart highlights significant Fibonacci retracement and extension levels. - The price has respected key Fibonacci levels (0.236, 0.382, 0.618), indicating that these levels are significant support/resistance zones. - The next major Fibonacci extension level is marked at 1.618 (1.3648), suggesting a potential target for bullish continuation. 2. Current Price Action: - DOGE is trading near $0.3575, consolidating below a key Fibonacci level 0.786 retracement at $0.3181). - This could act as a short-term support level, while resistance lies above at $0.4627 (Fibonacci level 1). 3. Trend and Momentum: - Historically, DOGE has exhibited strong parabolic runs following consolidation periods. The current structure resembles previous accumulation phases, which led to significant price spikes. - If the price breaks above the $0.4627 level with volume, it could signal a continuation toward higher extensions like $1.3648 and $7.8557 (2.618). 4. Downside Risk: - If the price fails to hold above the 0.3181 level, the next support zones are at 0.236 (0.1214) and 0.1568 (0.382 retracement). 5. Med-Term Projection (~3 Months): - The chart suggests potential for a large upside move based on Fibonacci extensions, provided macroeconomic and market conditions align. - However, DOGE is known for high volatility, and these targets are speculative. Actionable Insights: - Watch for a breakout above $0.4627 with strong volume for confirmation of upward momentum. - Monitor support levels at $0.3181 and $0.1928 (0.5 Fibonacci) for potential buy opportunities in case of retracement. Remember that this not a financial advise and is for entertainment purposes only.
BINANCE:DOGEUSDLong
by CryptoManiac101
Dogecoin Lawsuit Against Elon Musk and Tesla ConcludesThe legal battle involving Elon Musk, Tesla, and Dogecoin has officially come to an end. Investors have opted to withdraw their appeal, effectively ending the lawsuit that accused Musk of manipulating the cryptocurrency market. Originally, investors claimed Musk's social media presence and public statements, including a memorable appearance on NBC's “Saturday Night Live,” were strategic moves to inflate Dogecoin’s value for personal gain. The sought-after damages were a staggering $258 billion, as the complaint underwent multiple revisions over a two-year span. However, on August 29, Judge Alvin Hellerstein dismissed the case. He reasoned that Musk's remarks, such as calling Dogecoin the “future currency of Earth,” couldn't reasonably be seen as fraudulent or manipulative. This week, in a significant development, investors have chosen to withdraw their appeal and dropped their motion to impose sanctions on Musk’s legal team for alleged misconduct. In return, Musk and Tesla also withdrew their motion to penalize the investors' lawyer, labeling the lawsuit as “frivolous.” As a result, both parties submitted a stipulation to dismiss the case, pending final approval by Judge Hellerstein. Technical Outlook Despite the legal proceedings coming to a close, the price of Dogecoin ( CRYPTOCAP:DOGE ) remains largely unaffected. Currently, Dogecoin is down 1.66% in a consolidation phase. If any negative developments occur in the crypto market, Dogecoin ( CRYPTOCAP:DOGE ) might retrace to a support level of $0.31. Optimistically, some foresee a potential surge to $1, as reaching $0.41 isn't considered unrealistic for Dogecoin. Moreover, some analysts suggest Dogecoin could eventually trade between $5 and $10, depending on the broader crypto environment. With a market cap of approximately $53 billion USD and a circulating supply of over 146 billion coins, Dogecoin is proving to be more than just a memecoin. Conclusion The conclusion of this lawsuit marks a significant chapter in the ongoing narrative of cryptocurrency regulation and celebrity influence. While the legal challenges have ended, the impact of this case may continue to resonate in discussions about market manipulation and the responsibilities of high-profile figures in the crypto space. As always, market watchers will be keenly observing how Dogecoin ( CRYPTOCAP:DOGE ) and other cryptocurrencies navigate these complex waters.
COINBASE:DOGEUSDShort
by DEXWireNews
6
MY LAST and happened to be MY FIRST postBYBIT:DOGEUSDT.P I am so embarrassed of myself while posting this. I have entered this trade around 12 hours ago somewhere around 12PM GMT time I went long X10 Cross at the time the trend was very hot up and set a TP on previous high. little after that I was 70-80% close to my target and did not close it, later on it went all down from there. I even draw the triangle and by now I was sitting watching it go down from there all the way up to now. I saw it breaking all the support points where I thought it will go back from. stupid me I am writing this with almost tears in my eyes. by the time it will reach THE END line is total account would be liquidated ! that is the end of my trading journey which I spent countless nights trading and learning. you can blame me as much as you want. you wont blame me more than I do myself. Stay safe and farewell dear friends. :(
Long
by LYKPIX
5
DOGE Set for a Major Move? Watch These Key Levels!DOGE is currently positioned within the price range of $0.341 to $0.433, maintaining a similar range as observed in the previous day’s analysis. Understanding these key levels is crucial, as DOGE is now forming a flag pattern on the chart – a formation that often precedes significant price movements. ⚡️ Key Observations: ❗️ A breakout from the flag pattern could signal substantial price movement for DOGE. 1️⃣ Above $0.433: Should a valid breakout occur at this level, DOGE is likely to sustain its upward trajectory. ⭐️✨ 2️⃣ Below $0.341: A breach below this threshold could indicate a shift towards the nearest support zone, highlighted in blue on the chart. ✅ Stay monitor these critical levels and emerging trends to enhance your trading strategy. Follow for continuous updates and insights! ⬆️
CRYPTO:DOGEUSD
by ParkJisungie
DOGE vs SHIB | UPSIDE POTENTIAL | Which is Better for ALTSEASON?DOGE and SHIB have one thing in common : both are meme coins - and that is probably the only thing. They each take turns to pump and dump, based on their position in the Total Cryptocurrency by Market Cap Rank. One of these, stands to gain much more than the other due to a few reasons as pointed out in the analysis. Which one are you rooting for this altseason? Speaking of altseason; don't miss yesterday's important update on BTC, Bitcoin Dominance, TOTAL3 and altseason: _________________________ BINANCE:DOGEUSDT BINANCE:SHIBUSDT
Long
by Crypto-Check-
3
Phemex Analysis #35: How to Capitalize on DOGE's Hot StreakPHEMEX:DOGEUSDT.P has recently experienced a significant surge, gaining over 100% in the past week and 300% in the past month. Originally known as a peer-to-peer digital currency favored by Shiba Inu enthusiasts, DOGE has evolved into a cultural phenomenon, often associated with Elon Musk and even linked to the United States Department of Government Efficiency (DOGE). These factors have solidified DOGE's position and fueled its recent price increase. Key Levels to Watch: Resistance Levels: $0.442, $0.564, and $0.744 These levels could act as barriers to further price increases or potential buying opportunities if broken with strong volume. The recent attempts to break through the $0.44 level on November 12th and 13th were unsuccessful, leading to a consolidation phase around $0.37 to $0.42. Support Levels: $0.37, $0.34, $0.28, and $0.20 If the third attempt to break the $0.44 level fails, the price may retreat to one of these support levels. These levels could provide opportunities to accumulate DOGE at a lower price. Depending on your risk tolerance, you can enter earlier at $0.37 (but carry higher risk of price dropping) or enter later at $0.28 (lower risk, but might miss the entry). Alternatively, you can diversify your investments by allocating a portion of your funds to each support level. Leveraging Trading Strategies Grid Trading: Utilize Phemex's Advanced Grid Bots to capitalize on price fluctuations within a specific range. By setting a grid between $0.28 and $0.744 (or higher), you can automatically buy low and sell high, maximizing profits from price swings & high volatility of DOGE. Martingale Strategy: If you're bullish on DOGE's long-term potential, consider using Phemex's Advanced Martingale Bots to double down on your position at lower support levels. Remember to use lower leverage to manage risk effectively. Conclusion DOGE's recent surge has generated significant excitement and volatility. While the future of the coin remains uncertain, understanding key support and resistance levels can help you make informed trading decisions. By employing effective trading strategies and managing risk, you can capitalize on potential opportunities in the volatile cryptocurrency market. Tips: Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
DOGE Price Outlook: Key Levels to Watch for a Potential BreakoutDOGE chart reflects a steady hold at the equilibrium level, adhering closely to the white scenario. Currently, the price is consolidating within a range of $0.34 - $0.44. ▪️ Key Range Overview: A breakout below $0.34 could signal a move toward the nearest support zone, represented by the blue area. A breakout above $0.44 would bring stronger confidence for a rally towards higher price levels. ⭐️🚀 The chart’s bullish scenario is highlighted in white, showing potential upward momentum. Conversely, the bearish scenario is represented in yellow, indicating caution for downside risk. Keep an eye on these critical levels for strategic trading insights! 🔄✨
CRYPTO:DOGEUSD
by ParkJisungie
Doge bottom is in: Breakout soon to $0.65 AreaCurrently the 1H RSI is at levels not seen since $0.18 We have the 50 Bar EMA acting as a historic fundamental support. We have fib levels holding strong suggesting a move to the next fib zone which is somewhere between 57 and 66 depending on where you start the base. About 66% confident on a move higher, if we do crash the worst case scenario is $0.26 with a more likely bottom of $0.31-0.33 area. Again, I think we bottomed already but if i were to open a trade here my stop loss would be under 25. Cycle targets: Target 1: $0.60 Target 2: $0.89 Target 3: $1.16 Severe pullbacks likely after hitting each milestone's region. Use Caution
CRYPTO:DOGEUSDLong
by UltimateKnowledge
1
DOGE x100 Trade In Play: x25 Profits Left. DOGE Update 🚀: After entering at $0.1, we’re now at $0.4, but there’s even bigger news beyond the price movement. DOGE isn’t just a meme coin anymore—it's officially part of U.S. politics! President-elect Donald Trump announced the formation of the US Department of Government Efficiency, aka "D.O.G.E." with none other than Elon Musk set to lead it alongside former candidate Vivek Ramaswamy. Their mission? Slash government waste, post spending reports, and let citizens vote on “insanely dumb” budget items. Following the announcement, Dogecoin spiked 20% before cooling off, reminding us that the DOGE rollercoaster is far from over. Even with the hype dips, DOGE has gained 300% since Trump’s election win. With my $10 target in sight, there’s still a 25x potential from current levels. Previous DOGE charts: Stay tuned!
CRYPTO:DOGEUSDLong
by ArShevelev
Is Dogecoin (DOGE) set to $0.5?Dogecoin (DOGE) has sustained its strong upward trend for a fourth day in a row, climbing 48% in the past 24 hours, which has reignited conversations about the possibility of the coin hitting a $1 price target. DOGE surged past 41 cents early Tuesday, marking its highest level since May 2021, when it reached a peak of just over 70 cents. Over the past week, the cryptocurrency has delivered a return of more than 103% to investors and nearly tripled in value over the last 30 days, according to data. Coinglass data states thar DOGE experienced over $131 million in total liquidation. These liquidations were the most significant for the dog-themed cryptocurrency this year, with open interest approaching an all-time high set in April. The current rally has been largely led by positive sentiment surrounding the influence by tech entrepreneur Elon Musk during the Trump administration. Dogecoin has experienced a significant upward trend in recent days, gaining momentum after breaking through the $0.25 resistance level. However, sellers strongly defended the $0.44 level, creating a strong rejection. As of writing, DOGE price trades at $0.39, increasing by over 1.6% in the last 24 hours. The lengthy wick on the November 11 candlestick indicates that bears are attempting to halt the ascent at $0.44. If the buyers can maintain their position against the bears, the DOGE/USDT pair might continue its climb towards $0.4. Interestingly, buyers have successfully defended the $0.34 level, creating a strong rebound. However, if the buyers struggle to push the price above $0.4, a correction could occur, potentially pulling the pair back down to $0.32, and possibly retesting the breakout level at $0.25. It will be crucial for buyers to defend this level to preserve the upward momentum.
Long
by paul_endeo
Dogecoin Descending Triangle Breakdown Potentialhello guys! it is my perspective about #doge: but let's dive into a lower time frame: Triangle Pattern: Dogecoin is forming a descending triangle pattern, which typically signals a bearish continuation if support is broken. Resistance Level: The price is facing resistance near $0.41, as indicated by the upper boundary of the triangle. Support Zone: The lower boundary of the triangle around $0.36 serves as the immediate support. A break below this level could indicate a further drop. Target Zone: If Dogecoin breaks below the support, it could move towards the $0.31 - $0.32 area, which serves as a significant support zone. Risk Management: Watch for a possible reversal if the price fails to break below support, as this could invalidate the bearish setup.
Short
by melikatrader94
6