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Dogecoin

DOGE Eyes Key LevelDogecoin is currently priced at $0.1757, showing a downward movement on the 4-hour chart. The price is close to what might be a strong support level, a price where Dogecoin has previously found a steady footing. If the price can hold at this level, it might be a good sign for Dogecoin, potentially leading to a rebound. However, if the price falls below this point, it could indicate that Dogecoin might see further drops. The technical indicators are suggesting that the price is leaning toward the lower side for now. The MACD, an indicator that helps show the momentum and trend of the price, is below the signal line, which generally means the price is currently on a downward trend. The Stochastic Oscillator is very low, which typically suggests that the price might start to go up again, as it may be considered undervalued at this point. Lastly, the RSI, another momentum indicator, is also quite low, supporting the possibility of an upcoming increase in price if buyers step in. In simple terms, Dogecoin is at a point where it might start to pick up again if it keeps above the current support level. Traders might be watching to see if it can stay above this level or if it will drop further. The coming days will be crucial to determine which way it will go. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal
DOGEUSD Dogecoin pulling back to add LONGDogecoin on the 60 minute chart has been in a good trend up for more than 36 hours. Moving averages have been diverging but price is now falling in a pullback to the SMA21 and EMA21 while the EMA 50 continues to trend higher. The relative strength look back is solid green. I see this as an excellent point to add to Dogecoin with the risk being the market cap leader Bitcoin loses momentum and takes Dogecoin and others sideways or down.
BINANCE:DOGEUSDLong
by AwesomeAvani
Oldie but DOGE. Strong rebound while BTC stays weak. Bullish.Hi, Doge is strong while Bitcoin is still showing weakness. A breakout above the local top of $0.194ish is expected to take Doge to $0.32 as shown in the chart. As you've seen in recent posts, you have to overcome FOMO & FEAR to make 2x, 10x, 100x returns. Remember that DOGE's last cycle's 250x gain was accompanied by multiple 50+% pullbacks, so I recommend not using leverage too much. Avoid fear, and trust the journey. 1PERCENT
Long
by RVD_1PERCENT
Dogecoin Soars As Whale Moves 200 Million DOGE From Robinhood Dogecoin ( CRYPTOCAP:DOGE ), the meme coin, has experienced a surge in investor interest and price increases amidst a period of downturns in the broader crypto sphere. This resurgence has been attributed to a massive movement of 200 million Dogecoins ( CRYPTOCAP:DOGE ) from Robinhood to an unknown wallet, which has sparked CRYPTOCAP:DOGE 's recent upward price movement. As a result, Dogecoin's value crossed the $0.18 mark on Saturday, fueling speculation about its potential to reach the $1 milestone. At present, CRYPTOCAP:DOGE is trading at $0.1865, up by almost 7% in the last 24 hours. Whale Alert reported that the CRYPTOCAP:DOGE movement was carried out in two transactions totaling approximately $35.45 million. The wallet gathered 199.27 million CRYPTOCAP:DOGE through two transactions within the last 24 hours, with the initial transaction involving the acquisition of 100 million CRYPTOCAP:DOGE , valued at $17.77 million, sourced from Robinhood. The transactions have notably contributed to a bullish sentiment among investors and analysts in the crypto community, who are excited about Dogecoin's resilience and its implications for future market movements. With the upcoming Bitcoin halving event, many in the crypto space are closely watching meme coins like Dogecoin, anticipating possible price rallies similar to Bitcoin's post-halving performances. Last week, Dogecoin ( CRYPTOCAP:DOGE ) saw a remarkable $800 million increase in open interest within three days. The price of CRYPTOCAP:DOGE surged by 35%, hitting a weekly high of $0.17. This news came as Elon Musk's X Payments LLC, a social media offshoot of his X motif (X.com, SpaceX, xAI), expanded its operational footprint by securing money transmitter licenses in three additional states: New Mexico, Oregon and Illinois, further fueling investor excitement.
Long
by DEXWireNews
Dogecoin on weekly and hourly charts💥Hello, guys! ☺️Today let's take a look at two timeframes of Dogecoin: the weekly and hourly. We'll try to determine the price movement in the short-term, medium-term, and long-term perspectives!💪 🐕Dogecoin is a coin that evokes mixed emotions: some adore it, some hate it. Some have become very wealthy because of it (like Elon Musk, for example, haha😄), while others have lost a significant amount of their wealth (Hi, Elon🤨). The most important thing is not to succumb to the hype and not to buy the coin, when it is clearly overbought . Let's take a look at the weekly Dogecoin chart. What can we see there? ✔️Adding the RSI indicator to the chart, we can clearly see, that the coin is overbought , which is not the best signal for buying. It needs some rest. 😌 🟣 My advice : place several buy orders in the range of 0.097 - 0.139 and don't rush. Just observe. That's for the long term perspective ! Now, let's look at the hourly chart and see what awaits us in the short-term and medium-term perspectives for Dogecoin. What do we see here? 🧐A channel has formed (since the end of February). And the price is confidently moving within this channel. It can be assumed, that in the near future, we may see the Doge price at the support of this channel at approximately the 0.16 mark. Friends, how do you feel about Doge? Love it or hate it? Let's discuss in the comments! Thanks for Your attention🫶 Always sincerely yours, Kateryna💙💛
POLONIEX:DOGEUSDShort
by RocketBomb
3
DOGECOIN DOGE price "shoots rarely" but accuratelyIf we look at the global history of DOGECOIN trading (and the coin has been around since 2014), you can see one interesting pattern. At the end of 2017 , it was hugely pumping (for those times), and then the creators of DOGE wrote that they did not understand why their "joke coin" had a capitalization of several billion. After that, the value of DOGEUSD dropped to the bottom and stayed there for more than 3 years. Then, in the first half of 2021. Musk decided "to pull a prank" and pump Dogecoin using all permitted and not permitted methods) The holiday did not last long, and even for the "chosen ones", but the unhappy investors in DOGECOIN, as always, are the majority. And now the correction has been going on for more than 2 years. Based on the cyclical nature of the pumps, the next DOGEUSDT pump and, accordingly, the ATH update can fall on the 2nd half of 2024. Moral: miracles do not happen, for a pump to be profitable for its "initiator", you first need to gain a large position, which is what has been happening over the past year. If you have extra money that you want to invest in a long-term investment, you can take a chance and invest in DOGE, but do not buy more than $0.07-0.073. Ideally, you should place orders with a grid in the "buy zone" of $0.0575-0.073 and wait. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
52
🚀🌕 Dogecoin Long Opportunity: Entry at Demand Zone and FVG💰Hey traders! 🎩💼 I trust you're all doing well. Here's an enticing trade proposition for BINANCE:DOGEUSDT (DOGE/USDT), offering not one but two potential entries. 1st Entry: 0.18157 We're initiating our first entry based on the presence of a demand zone (SMC). This strategic entry point presents a promising opportunity to capitalize on potential bullish momentum. 2nd Entry: 0.17400 Our second entry is triggered by a Fair Value Gap (FVG), adding another layer of confidence to our position. This secondary entry reinforces our conviction in the trade setup. (before reading further, follow, like and comment what you think about this idea...) Stop Loss (SL): 0.17058 To mitigate risk, our stop loss is set at 0.17058. This level acts as a safeguard against adverse price movements, ensuring prudent risk management. Target: $1 (Long-term Vision) 🎯 Now, our target is set at $1. But hey, we're not just staring at the stars here; we're ready to sell before the biggest TP hits if needed. (....and share) However, it's essential to exercise flexibility and consider taking profits earlier, albeit retaining a portion of DOGE. Elon Musk's tweets have historically influenced DOGE's trajectory, potentially propelling it "to the moon." This signal is based on SMC strategy... You also want to learn SMC strategy? Great, right it down in the comments!
Long
by smarttrader012
2
DOGEUSDT.1DAlright, let's dissect this Dogecoin (DOGE) to Tether (USDT) daily chart on the Binance exchange from my perspective as a technical analyst. The chart is striking, showcasing Dogecoin's price volatility. Initially, I notice a significant spike in price, followed by what appears to be a consolidation pattern. The price is well below the Ichimoku Cloud, which traditionally suggests that we are in a bearish trend. The Cloud's future projection also appears to be widening downwards, potentially signaling a continuation of the bearish trend. The Ichimoku Cloud components are also indicative of this sentiment. The Conversion Line (blue) below the Base Line (red) generally implies bearish momentum. Moreover, the price is under the Base Line, further solidifying the bearish bias. We can see the marked pivot point levels, with R1 and S2 illustrated. The price is currently hovering above the S2 support level. If this level fails to hold, we may see a further decline towards lower historical support zones. If a reversal were to occur and the price moves upwards, the R1 level will act as resistance. The Relative Strength Index (RSI) is showing an overbought condition with a reading above 60, which is intriguing given the price is not showing bullish momentum. This could imply that a corrective move or consolidation may follow as traders potentially take profits from the recent spike. The Moving Average Convergence Divergence (MACD) is almost negligible in movement, with the MACD line just above the signal line but both hovering around zero. This suggests a lack of strong momentum in either direction currently, which can often be the case after a large price movement as the market digests the change. In summary, while Dogecoin has experienced a significant price increase, the current setup on the daily chart suggests bearish momentum as indicated by the Ichimoku Cloud and the consolidation pattern following the spike. The RSI's overbought signal does not match the price action, indicating that traders should proceed with caution. Any trading decisions should be approached with a clear risk management strategy, considering the possibility of a false signal given the mixed messages from the RSI and MACD indicators. A break above the Base Line of the Ichimoku Cloud could be used as an early indication of changing sentiment, while a fall below the S2 level could signal further declines. As always, patience and confirmation are key.
by MarsSignals
💎 BTC/USDT - Bull or Bear ? (READ THE CAPTION)As you can see, after the last Bitcoin analysis, the price was able to grow from FWB:67K to $71.7K, and today this cryptocurrency fell by more than 7% and is currently trading in the range of $66,500! The first important demand level in front of Bitcoin is $59,000 to $63,000 and the second important demand level is $38,800 to $43,700! As you know, there are only 18 days left until the Bitcoin halving, and the closer we get to this date, the more severe the fluctuations of Bitcoin will be! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
by ArmanShabanTrading
3
Dogecoin (DOGE) TO DA MOON! - 2024TO DA MOON!! All jokes asides, Doge is peforming exceptionallywell, previous Resistance has been broken at: $0.11. New Level of Support has been formed at= $0.15. Not much next Resistance levels now ahead. Current target set at= $0.28 which basically will be the "NEW" Level of Resistance until the next key levels. Trade with caution with meme coins, expect high volatility within the ranges of the key levels I have provided shown from the chart TA. Despite being a meme coin, DOGE has a very high Marketcap of $23Bil. Huge amount of 24hr trading volume too which is insane. It's a stable meme coin, but it's here to stay in the crypto space! :D
Long
by Bitcoin_Benny
Riding the DOGE Wave: Buy Signal for DOGEUSD 1H - 1:3 RRRIn this trading strategy, we explore a potential long position opportunity for the DOGE/USD currency pair on the 1-hour timeframe. By combining the insights from key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim for a favorable risk-to-reward ratio of 1:3. Indicators: EMA200: The EMA200 acts as a crucial indicator of the long-term trend direction. A rising EMA200 suggests a bullish bias in the overall trend, providing confirmation for potential long positions. MACD Trend: The MACD indicator helps traders gauge the strength and direction of the trend. A bullish crossover (when the MACD line crosses above the signal line) or divergence from the price action signals potential upward momentum, aligning with our long position strategy. Supertrend: The Supertrend indicator serves as an effective tool for identifying entry points in alignment with the prevailing trend. When the Supertrend line changes its color from red to green, it indicates a shift from bearish to bullish sentiment, presenting a potential entry signal for long positions.
BINANCE:DOGEUSDLong
by panjikadar
2
A Bounce Back or Further Dip?DOGE is currently presenting a compelling technical setup on the 4-hour chart. The price of Dogecoin has recently pulled back to 0.019944, after approaching a dynamic resistance trendline that has been guiding it for some time. The chart indicates that Dogecoin has also retreated from a resistance level that was based on previous price actions, which suggests that this area is significant for traders. The Bollinger Bands (BB) indicate that the price has retreated from the upper band, which often acts as a dynamic resistance, and may potentially test the lower band at 0.18463 as a support level. If this level holds, it could be a sign of resilience in Dogecoin's price. The MACD histogram shows negative momentum (-0.00266), with the MACD line slightly below the signal line, indicating a potential slowdown in the upward trend or a beginning of a short-term downtrend. Meanwhile, the Stochastic Oscillator (%K at 11.53) is signaling that the coin is currently oversold, which often precedes a potential reversal or at least some consolidation. The RSI at 49.40 is nearly in the middle, which suggests that Dogecoin is neither overbought nor oversold in the broader context. However, the proximity of RSI to the 50 mark may indicate a lack of decisive momentum in either direction, and the RSI-based Moving Average is significantly higher, showing that the recent trend has been more positive. Bringing these indicators together, Dogecoin is showing signs of a short-term downward pressure while still within the context of a larger uptrend. Traders may be watching to see if the local support can hold for a possible bounce back or if the price will continue to seek lower levels for stronger support. Given the oversold condition suggested by the Stochastic Oscillator, there might be an opportunity for buyers to step in, provided that broader market sentiment and volume support such a move.
by MonoCoinSignal
2
DogeUSD: playing out text book so farLast week I was watching $0.12 area closely. If there was a break of this area, it could have meant a potential disaster for the holders. But just like magic, price bounced sharply from that area and made a new high, confirming a full 5 waves move to the upside. Price can go up more to hit some proper fib extensions to bolster the move, but at this point anything is a bonus. Next move to watch is the retrace. Depending on where price tops out, I would expect 0.618 fib retrace zone to hold. Worst case 0.5 fib retrace area since it is an intermediate degree wave 2 retrace. The correction could last a few weeks to a few months. I would not like price to revisit $0.10 are again, but it can happen with a deep retracement. Doge is volatile and news driven, so big price movements are not surprising. But, testing back at $0.16 - $0.17 would be a text book thing to do to confirm the breakout. There is a longshot bearish case still lingering where the latest bull run could be a larger degree C wave. In that case, party is over friends and price is destined to go back sub $0.05. That is a long shot because a lot needs to go wrong for that scenario to play out and market as a whole need to collapse soon. For now, let's keep it in a back burner.
CRYPTO:DOGEUSD
by mukit1