Dogecoinanalysis
DOGE - THIS Altcoin can +800% 📈📉Hi Traders, Investors and Speculators of Charts📈
Dogecoin is the original meme coin, famously started as a joke in 2013. Nevertheless, thanks to a dedicated community and creative memes, it has rapidly evolved into a prominent cryptocurrency.
From a chart-analysis perspective, DOGE has big upside potential, and from a fundamental perspective - things are looking good for this altcoin in 2024. Elon Musk has finally announced a peer-to-peer payment system on X (formerly Twitter) and have also stated multiple times in the past that he plans to include DOGE as a payment option.
From a macro perspective, I am bullish on DOGE. But for the SHORT term, DOGE is bearish. The price needs to establish support before going higher, and the downwards trend means that support hasn't been found at the current levels.
The short-term bearish sentiment is confirmed by the technical indicator CryptoCheck START V3.5, flashing a "sell" signal :
We would need to start seeing daily candle closes ABOVE the green 50d Moving Averages before considering more upwards price action:
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CryptoCheck
CRYPTOCAP:DOGE
Doge Potentially bullishCRYPTOCAP:DOGE finally comes to an area of key interest. Broken resistance is becoming a new found support. Looking at it on the daily TF, it becomes clearer. I will want to see a rejection of the zone (0.08129) to the up side to maintain the bullish momentum.
Past Results does not guarantee future results. Do your due diligence
DOGE Out of the boxDOgecoin looks ready to climb and come out from the accumulation box we have seen actually. It pumped well on the recent altcoin rally, and after this small retrace it could probably pump fast.
$Doge Dogecoin Price Action in a falling Channel..Ready to Rise!CRYPTOCAP:DOGE Dogecoin price action has formed a falling channel.
Current Price: $0.09
Is Dogecoin #Doge price action ready to rise through it's falling channel?
Up resistances: 0.1, 0.11, 0.12, 0.13, 0.14
DOGE-1 Mission Ignites Dogecoin's Lunar Ascent
Dogecoin ( CRYPTOCAP:DOGE ) recently experienced a noteworthy surge as the Geometric Energy Corporation (GEC) successfully navigated through regulatory obstacles surrounding the DOGE-1 Mission to the Moon. This CubeSat venture, entirely funded with Dogecoin, not only promises to revolutionize space missions but has also fueled renewed interest in the meme-inspired cryptocurrency.
Regulatory Triumph and Lunar Ambitions:
The Geometric Energy Corporation, a multifaceted intellectual property, manufacturing, and logistics firm, achieved a significant milestone by overcoming regulatory challenges posed by agencies such as NOAA, FCC, NTIA, NASA, and DOD. The announcement, made by Samuel Reid, CEO of GEC, revealed that the DOGE-1 mission is now poised for refinement and testing.
Breaking free from bureaucratic constraints, the project is set to embark on an ambitious journey to conduct orbital trajectory analysis and initiate mission and payload operations ground segment testing. The fact that the mission has secured a spot on SpaceX's open manifest basis, an entity backed by visionary entrepreneur Elon Musk, adds another layer of excitement to this pioneering venture.
GEC's Novel Approach: Blockchain Meets Space Exploration:
One of the most intriguing aspects of the DOGE-1 mission is GEC's groundbreaking use of blockchain technology to revolutionize space exploration. By integrating Dogecoin into the mission's funding model, GEC is paving the way for a new era where cryptocurrencies play a vital role in advancing scientific endeavors beyond Earth's atmosphere. This novel approach has captured the imagination of crypto enthusiasts globally, signaling potential future collaborations between the blockchain and space exploration industries.
Dogecoin's Price Surge:
In tandem with the DOGE-1 mission's announcement, Dogecoin experienced a notable price jump, recording a marginal increase of 0.86% over the past 24 hours. While the monthly and weekly charts displayed a downward trajectory, the positive momentum sparked by the association with a real-world space mission has reignited bullish sentiments among traders.
The Global Impact:
The convergence of cryptocurrency and space exploration in the form of the DOGE-1 mission highlights the increasing synergy between cutting-edge technologies. As the project advances through testing phases and draws closer to its lunar flight, it is likely to attract more attention from both the crypto community and space enthusiasts alike. The success of this mission could potentially pave the way for future collaborations and funding models that bridge the gap between traditional finance and the burgeoning world of cryptocurrencies.
Conclusion:
The DOGE-1 mission stands as a testament to the evolving landscape of both cryptocurrency and space exploration. GEC's innovative approach, coupled with Dogecoin's involvement, has injected fresh excitement into the market. As the project moves forward, it will be fascinating to witness how this fusion of blockchain technology and space exploration contributes to the broader narrative of human advancement beyond our planet. The DOGE-1 mission has not only propelled Dogecoin into the spotlight once again but has also opened doors to a future where cryptocurrencies play an integral role in pushing the boundaries of scientific exploration.
Low Risk Doge Long TrialConsidering that other cryptocurrencies have experienced some price fluctuations, I still anticipate further potential for growth in DOGE coin. However, with New Year's Eve approaching, I plan to adopt a cautious approach by implementing a stop loss. It's worth noting that DOGE may trigger the stop loss and then continue its upward trend, so I'll leave some flexibility in my position to either close it or let it ride. It's essential for everyone to establish their own risk management strategy, so make your decisions thoughtfully.
This is my trial. Not a financial advice.
🚀 Doge Attempting For Breakout! 🌟✨ DOGE/USDT 🚀
📊 We are currently observing a symmetrical triangle pattern in the DOGE/USDT pair. The price is attempting to break out of this pattern. If it successfully breaks out, we could potentially see a bullish move ranging from 15% to 39%.
🔍 Let's closely monitor the price action and volume to confirm the breakout. It is essential to exercise caution and conduct your own analysis before making any trading decisions.
⚠️ Please note that the information provided is for educational purposes only and does not constitute financial advice. Always make independent research and consult with a professional before investing.
DOGEUSDT.1DBased on the provided market data, DOGE is currently trading at $0.090 against USDT.
On the 4-hour chart, DOGE's relative strength index (RSI) is at 40.37, suggesting that it is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) is negative (-0.00092), indicating a bearish trend. The Bollinger Bands (BB) are at 0.097, suggesting a moderate level of volatility. The immediate support levels are at $0.088, $0.085 and $0.078, while the resistance levels are at $0.096, $0.10360, and $0.10730.
On the daily chart, DOGE's RSI is at 52.81, indicating a balance between buying and selling pressures. The MACD is positive (0.00333), indicating a bullish trend. The BB is at 0.10444, suggesting a moderate volatility level. The immediate support levels are at $0.0866, $0.078, and $0.070, while the resistance levels are at $0.10696, $0.11303, and $0.13220.
Looking at the 7-day chart, DOGE's RSI is at 63.69, indicating a slightly overbought condition. The MACD is positive (0.00509), indicating a bullish trend. The BB is at 0.0975, suggesting a moderate volatility level. The immediate support levels are at $0.07225, $0.05520, and $0.04698, while the resistance levels are at $0.10706, $0.15379, and $0.20723.
In conclusion, the market data suggests a mixed sentiment for DOGE in the short term, with a slightly bullish bias in the longer term. However, it's important to note that cryptocurrency markets are highly volatile and unpredictable, so these indicators should not be the sole basis for any investment decision. Always do your own research and consider your risk tolerance before investing.
#DOGEUSDT: Strong bullish impulse expect to occur from our zoneDear Traders,
The next couple of weeks, we expect crypto market to be extremely bullish and that is why dogecoin is one of the coin that has possibility to go up and above. We expect price to drop and touch our demand zone from there we expect price to bounce rapidly. We expect price to drop to our demand zone by end of tomorrow.
roadmap to $0.12 doge + possible breakoutLet Me First Say I called this original breakout for Doge at 8 cents
when everyone was saying short it. Over 60% of the market was short on doge at that point.
We have 3 solid confirmations on the bottom that confirms this path should take us to the top of the 2nd resistance line to attempt a breakout so follow this uptrend channel and wait for a possible breakout or short position. Keep in mind doge has be trading very similar to BTC so never look away from it to see if it knocks it off it's path.
Good luck!
Dogecoin Price Surges Past $0.1 as Traders Horde More DogeCoinBitcoin’s explosive rally over the past month has led to a state of euphoria in the crypto market, with investors willing to engage in higher degree of risk-taking. Unsurprisingly, altcoins are witnessing explosive breakouts, with meme coin prices also heating up.
According to CoinMarketCap data, the meme coin market cap has appreciated by 6% over the past 24 hours, with an average price increase of 11%. The top meme crypto – Dogecoin ( CRYPTOCAP:DOGE ) – has soared by 4% over the past 24 hours, thanks to a 22% bounce in its daily trading volume.
The Dogecoin price has now breached the crucial $0.10 level, creating a monthly high of $0.105 earlier this week. After clearing the $0.069 resistance back in October, CRYPTOCAP:DOGE has appreciated 52% since, climbing 22% this week alone. The top meme coin now has a market capitalization of $14.5 billion, making it the 9th largest crypto in the market.
Why Is Dogecoin Going Up?
Due to the ever increasing likelihood of a spot Bitcoin approval, BTC created a new yearly high of $44.7k earlier this week. However, the largest cryptocurrency has since been consolidating below the $44k level, allowing the market capital to rotate to the altcoins and the meme coins.
As a result, Dogecoin breached all major resistances, paving the way for a strong upside move. Over 63,000 addresses purchased over 3.2 billion CRYPTOCAP:DOGE at $0.095, converting that price point into a strong support for a potential rally to $0.14.
Earlier this week, CoinDesk reported that the Dogecoin price experienced a minor reversal when Elon Musk tweeted that his artificial intelligence startup xAI was not raising any money. However, the dog-based meme coin held strong, immediately reclaiming the $0.10 price mark.
The Dogecoin community is also hyped over the upcoming Astrobotic launch, which could literally send “Doge to the moon”. The Pittsburgh-based aerospace company is planning to send a physical Dogecoin to the moon via ULA’s Vulcan Centaur Rocket on the 23rd of December.
Dogecoin Price Prediction – How High Will Dogecoin Go?
Despite Doge’s strong move to the $0.102 mark, the top meme coin still has tremendous price potential. TradingView’s Dogecoin technical analysis highlights that the meme coin is outperforming all crucial moving average indicators in the daily and weekly time frame, giving it a “Strong Buy” signal.
In the monthly time frame, the bulls are looking to target the 30-month Simple Moving Average at $0.115 mark.
There are two scenarios (DOGE)
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📈There are two scenarios to enter, if the resistance area fails, I will buy and if it does not fail, I will sell.
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DOGE target $0.11398Doge perform channel down, but you can see that CRYPTOCAP:DOGE have a strong bullish movement
to follow bullish, best entry point at fibonacci, minor support or major support
channel down resistance can be intraday target.
My opening position :
Buy long : 0.09508
stoploss : 0.09430
take profit : 0.11398
Stoploss risk : $1.2189
Takeprofit projection : $24.23
Profit percentage : 2423%
Rr Ratio : 24.3
Hedging :
Rebuy : Minor trendline
rebuy : Major trendline
*blue line are major trendline support
DOGE DOGECOIN Technical Analysis And Trade IdeaIn recent times, DOGE has showcased a robust bullish trajectory. This video meticulously delves into the Dogecoin trend, intricately scrutinizing price action and pinpointing potential trading opportunities through a comprehensive evaluation across both the weekly and daily timeframes. Expect a thorough examination of price dynamics, market structure, trend analysis, and pivotal technical analysis elements. It's imperative to highlight that the information presented is strictly for educational purposes and should not be misconstrued as financial guidance.
#DogeAccording to the positive momentum in the weekly time, it is moving in an upward channel, and if it pulls back to the green range and the broken neckline, you can buy for the middle goals of the channel 9 and 12 cents and mid-term goals.
DOGE Reached resistance zoneWho remember my last ideas for doge? We reached exactly the line i marked for resistance. Of course we could still pump hard, but it's time to pay attention to possible long liquidation. Mr Musk filled our bag
Doge coin ready to go 0.10?Accumulation done and TA shows clearly expansion toward 0.10$ minimum and 0.15$ maximum.
Dogecoin (DOGE) Poised to Continue Upward Trend
Dogecoin, maintaining a high correlation with Bitcoin, is also experiencing an upward trend. Since October 15, DOGE has increased by 70%, marking a new annual high at $0.0925.
With Bitcoin's ongoing positive trend, the growth of DOGE is also expected to continue. The next targets for buyers are set at $0.094, $0.097, and the significant $0.100 level. These targets may be tested as soon as the coming week.
If a market correction occurs, DOGE’s price could drop back to support areas around $0.086-$0.088, $0.0821-$0.0841, and $0.0800. However, if Bitcoin sharply falls below $39,000, DOGE might swiftly break through these support levels, suggesting that setting limit orders at this time might be risky.
DOGEUSDT HTF Analysis for Long PositionsCloses above the blue box (legit Support/Resistance) may reflect positively on #DOGE, even if short-term.
Otherwise, it may be considered to take trades by looking for confirmation (cuz its current market is bearish) at points such as the green box and green line.
Confirmations = Breaker, Mitigation, Swing Failure Pattern on 1H or less timeframe.
DOGE : RALLY before OR after XMas?Hi Traders, Investors and Speculators of Charts📈📉
As seen on the chart, I've highlighted some potential signs that will help to determine whether we can expect a rally before the 25th or after the 25th / in 2024 :
- If Doge is getting ready for a rally before the 25th, we can expect to see some higher lows. Currently we're trading lower than we did two weeks ago this time.
- If Doge continues to trade range, it's more likely for another wick towards the lower support zone before we observe a breakout.
The price action over the next two weeks will indicate whether or not we can still expect a rally this year, or only next.
For the short term, I'm leaning towards lower price action on DOGE, expecting one more wick towards the lower support :
The main reason for my short sentiment, is the clear bearish technical indicator in the short term:
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CryptoCheck
BINANCE:DOGEUSDT BINANCE:DOGEUSD
DOGE Sunday FunWave - 1H chart: 2% - 5% quick profit scenarioHi Traders,
I catched a heavy bullish sign with the 1H DOGEUSDT chart.
Stoch RSI extreme bullish
We are above the GREEN ichimoku cloud which is a good thing.
Downtrend probably flips to uptrend.
The exact movement can be observed in the chart.
I will try to hit this, but not leave my position overnight, because on a bigger scale, in 1D and especially in 1W, i am extremly bearish.
Share yours!
