Dogecoin
DOGE, king of memesDOGE, king of memes
Can Dogecoin Reach $1? Yes, but Only if This Happens
In the spring of 2021, meme-stock mania had taken over not only stocks, but the crypto market as well. Dogecoin's (CRYPTO: DOGE) price was going bonkers.
Today, it's the spring of 2024. The dog-themed cryptocurrency sits 74% below its all-time high (as of Monday, March 25), as investor interest has cooled off dramatically. But some of Dogecoin's strongest supporters are hoping that it can not only get back to its previous high-water mark, but exceed it and reach that coveted $1 per coin.
Can Dogecoin achieve this? Yes, it can!
Doge to $.20 this week?Here are a couple of relevant traces fro the bullish channel. There was a pretty signature little swooping move that relate these patterns… then they are fit to the levels.
The blue one is the bearish bulls… showing a bigger correction. The white one then the bullish bulls.
Follow along for more, and check my previous analysis in the Related Idea link below for a bigger look!
Love, Doge!
DOGE Dogecoin May Be In For A Deeper CorrectionShort term Doge looks like its in trouble. It looks like a big move down is imminent. Bearish pennant, bearish cross 50 over the 100. A significant move down in Doge and the whole market is about to happen in my opinion. I could be wrong and this is a fake out and we blast to the upside but look at Litecoin and what happened when the 50 crossed over the 100 just recently and now the 50 is crossing over the 200 on Litecoin. If Bitcoin drops to 50s then expect this to happen 100% and possibly even lower targets as the new people who just got in with their rent money sell at the bottom. Could be a fire sale if a person is in the right place at the right time. Not financial advice just my opinion , Good luck out there
A closure above the 100 SMA blue line and then the previous high on a 4 hour candle would invalidate this whole thing and Doge will continue its rally to crazy new all time highs. Im leaning towards a correction on this one.
WEAR AN EXTRA SHIRT IN CASE YOU LOSE THE FIRST ONE :)
DOGE launch codes:Hello,
Here we have highlighted the recent resistance vector, and are showing a piercing line and retest, which if holds, should propel us through our recent hi $.20 and beyond.
As discussed in my last post, linked below, $.69 is our next target, of course! :)
Go Doge GO! Run Boy! Love you!
Follow along for updates, and if you appreciate these ideas, you should try th lip balm we make at JTreeLife … it’s the best in the universe!
:)
DOGEUSDT - Confirmed Breakout - Enter on RetraceBINANCE:DOGEUSDT (4H CHART) Technical Analysis Update
DOGE is currently trading at $0.08319 and showing overall bullish sentiment after the breakout from the descending triangle pattern.
We are expecting the price to retrace back to the support line and once it hits the support we can enter the long position.
Entry level: $ 0.08091 - 0.08316
Stop loss level: $ 0.07473
Target 1: $ 0.08599
Target 2: $ 0.08958
Target 3: $ 0.9814
Target 4: $ 0.10733
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
💎 BTC/USDT - Another Bullrun Ahead ? (READ THE CAPTION)By checking the Bitcoin chart in the weekly (logarithmic) time frame, we see that the price after correction to $60,800 was again accompanied by demand and is currently in the range of $67,500! There are only 25 days left until the Bitcoin halving and we will probably see extreme price fluctuations before and after the halving! According to the previous analysis, the next possible targets of Bitcoin will be $77,700, $79,000, $85,000 and $100,000 respectively! “Glassnode data indicates a decrease in Bitcoin transfer values compared to the 2021 peak, suggesting investors are waiting to sell at higher prices. This aligns with Blockware Solutions’ analysis, which interprets the trend as a strong market confidence and a reluctance to sell Bitcoin.”
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
DOGE - still in bull channelthese white arrows show a significant feature... we are being controlled by the bulls, making our lows, just above the most recent major support level in white.
The recent level argument has just raised a right arm, with a. Doji candle followed by an engulfing bullish candle. The right arm up micro monster is one of my favorite signals! . . and often results in continued upward movement. Though we have seen him get smacked of the edge of a cliff before too.
Let's avoid that by all committing to Bullish sentiment for doge. If you are buying and selling, set your rebuys above the last foot.
If you a re placing stoplosses, give them room to breathe, especially on the big levels where it could trigger an autopilot crash of stop losses not getting filled, cause of lack of buyers.
remember... we are setting the price of DOGE right now as we trade it. If we all set our sells at $1.00 instead of $.20 guess what... thats the new price.. and if we all hold tight at that price, we can trade a bias the whole world of loving humans gets on board.... and then the pattern will propagate exponentially.
So, if you love DOGE like I do, hold on tight and let's run him down the street! Show him off! tell the world about the coin of unconditional Love. sure to beat the coins of fear... greed... addiction cycle behavior with incredible volatility... enough to shake and crash the entire system.
I Love. that is my commitment to the world. With-in that I find guidance and truth on infinite levels. the old hippies always were quoted as saying "love is the answer". and though doge coin is innominate idea (cannot love things that aren't alive. love is the life force), the way humans share love with dogs is as close to pure unconditional love that we get. Mans Best Friend.
[DOGEUSDT] -It's time for dogeDoge is warming up when the April is closer.
Breaking out 0.618 fib level with attempting to breakout the upper side of bullish pennant
Looks like extremely bullishing wave ahead.
Valid for buying now ... Try to pick Doge if market gives a chance to SMA20 testing
It's not a signal...just my own thoughts.
Don't forget to support us with your like, comment and follow for more updates 🎯
DOGE Dogecoin Potential Retracement Soon After DOGE Dogecoin perfectly reached the price target:
Now, at an RSI exceeding 91, it seems we are currently in a bubble.
The previous correction following an RSI surpassing 90 was substantial.
Taking into account the Fib retracement tool, my anticipated price targets are $0.123 and $0.103.
#Dogecoin idea update vs #BTCI posted this #DOGEBTC chart a long time ago
Well we are seeing the fractal that I thought was forming appear to be well underway
which is great not only for Doge but #Altcoins as well
Over the years Doge has been fantastic at generating more BTC
and quite literally a unicorn in making higher highs and higher lows through multi cycles
The coin that sparked a whole industry
But often times its best to bet on the market leader
think Coke v Pespi
Apple V Samsung
A $80k BTC puts Doge at over $2 using this projection
will it get there... ? tough to say But at least we have a roadmap
Cryptolean Dogecoin DOGE UpdateDogecoin is trading to escape $0.146-$0.156 zone that was confirmed yesterday as a support.
A closure below $0.145-$0.155 is likely to lead to another retest of $0.121-$0.132.
A bullish move from its current price location and a bullish break-out of $0.18 will push DOGE price towards $0.18 and higher to $0.20.
💎 MPC/USDT - Bull move Ahead ? (READ THE CAPTION)After checking the chart of a new cryptocurrency named MPC/USDT (Partisia Blockchain) , after this cryptocurrency was listed on the Kucoin exchange, it was accompanied by a strong growth and was pumped by about 360%! After this growth, the price fell again and filled this liquidity gap! Now a new LV has been created and I expect that if the price stabilizes above the $0.43 level, this cryptocurrency will grow again, and its possible targets are 0.507, 0.54, 0.5920 and 0.65, respectively! Its long-term target is also above 1$!
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
💎 BTC/USDT - BITCOIN will reach $100K ? (READ THE CAPTION)By checking the Bitcoin chart in the weekly (logarithmic) time frame, we see that the price after correction to $60,800 was again accompanied by demand and is currently in the range of $67,500! There are only 30 days left until the Bitcoin halving and we will probably see extreme price fluctuations before and after the halving! According to the previous analysis, the next possible targets of Bitcoin will be $77,700, $79,000, $85,000 and $100,000 respectively!
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
DOGE Soars Nearly 20% After Coinbase Announces Doge DerivativesIn a significant move for the cryptocurrency market, the Commodity Futures Trading Commission (CFTC) has given its approval to Coinbase Derivatives LLC's application for Dogecoin ( CRYPTOCAP:DOGE ) futures, alongside Litecoin and Bitcoin Cash. This development has sparked a renewed interest in DOGE, as well as positive sentiment across the broader crypto landscape.
Coinbase's CFTC Approval Ignites DOGE Surge:
Coinbase's quiet filing for Dogecoin futures certification with the CFTC on March 7 went unnoticed until recently. With the CFTC's approval, Coinbase Derivatives LLC is set to launch DOGE futures trading on April 1. The announcement sent shockwaves through the crypto community, prompting a nearly 20% surge in DOGE prices after a recent correction.
Market Response and Outlook:
Following the news, Dogecoin ( CRYPTOCAP:DOGE ) emerged as one of the hottest topics on social media platforms like X (formerly Twitter). The anticipation surrounding DOGE futures listing on Coinbase has fueled optimism for further price gains. Additionally, the positive momentum extended to Bitcoin Cash ( SET:BCH ) and Litecoin ( CRYPTOCAP:LTC ), both witnessing notable price increases ahead of their listing on Coinbase Derivatives LLC.
CFTC Recognition and ETF Speculation:
The CFTC's recognition of Dogecoin ( CRYPTOCAP:DOGE ), Bitcoin Cash, and Litecoin as commodities in approving their futures trading holds significant implications. This acknowledgment aligns with the broader industry sentiment and could pave the way for potential exchange-traded fund (ETF) launches. Dogecoin ( CRYPTOCAP:DOGE ) enthusiasts are particularly hopeful for a CRYPTOCAP:DOGE ETF, given the CFTC's classification and the potential challenge it poses to the Securities and Exchange Commission (SEC) regarding security classification.
Market Dynamics and Federal Reserve Remarks:
The approval of CRYPTOCAP:DOGE futures comes amidst a broader market resurgence fueled by dovish remarks from Federal Reserve officials. The expectation of interest rate cuts by the Fed has injected bullish sentiment into the cryptocurrency market, with Bitcoin ( CRYPTOCAP:BTC ) and Ethereum prices also witnessing notable gains.
Analysis for DogecoinThrough meticulous observation and data analysis, we have unearthed compelling patterns that shed light on how the Dogecoin market may react in the coming weeks.
Our findings suggest a potential upsurge in Dogecoin's value, indicating the emergence of another bullish trend. By examining historical data and current market conditions, we have identified key indicators signaling a significant increase in trading volume. This surge in volume could serve as a catalyst, propelling Dogecoin to new heights.
Moreover, our research extends beyond mere speculation. We are actively strategizing optimal positions for both bids and asks, aiming to maximize profits while minimizing risks. By strategically placing bids and asks, we aim to capitalize on the anticipated bullish momentum, ensuring that profits are not only realized but also reinvested intelligently.
Central to our approach is the identification of robust support levels, providing a solid foundation for our trading strategy. We meticulously analyze support spots to ensure that investments are safeguarded against potential market fluctuations.
In a recent article, it's been revealed that Coinbase Derivatives will soon introduce regulated futures for Dogecoin, Litecoin, and Bitcoin Cash. These futures, overseen by BaFin, will closely track Dogecoin's price on Coinbase, providing transparent trading opportunities. Each contract represents 5,000 DOGE, with a maximum position limit of 20,000 DOG futures. Dogecoin, currently trading at $0.15, saw a significant surge in 2021, largely fueled by celebrity endorsements. With Coinbase's dedication to innovation, investors now have a chance to leverage Dogecoin's potential through regulated futures trading, offering a pathway to diversify their investment portfolios.