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Dogecoinanalysis

DOGE Price Rallies Should Should Hold Above The 200-SMA DOGE price rallied shortly after Shiba Inu overtook Dogecoin to become the eighth-largest cryptocurrency by market value. Dogecoin skyrockets even as other dog coins break into a rally. DOGE must hold above the 200-day SMA at $0.2836 to continue the rally. Dogecoin (DOGE) rallied by approximately 46% bouncing off the 50-day Simple Moving Average (SMA) around $0.2389 to hit an intra-day high above $0.35 for DOGE price on Thursday. Dogecoin price soared on October 28 as the DOGE Army reacted to SHIB’s overtake of the DOGE coin to claim the number 8 position in terms of market cap ranking, according to data from CoinMarketCap. The sudden rally has pushed Dogecoin’s market value to $39,764,327,863, a mark the Shiba Inu earlier surpassed, with the two ‘meme-coins’ now battling on who will come out at the top. At the time of writing, DOGE price hovers at $0.3015, rising after yesterday’s correction and faces resistance from immediate resistance above the $0.30 supply zone (the red band). A closure above this point could see DOGE continue the rally to rise above the red band at $0.31 to tag the August 16 range high above $0.3572. The sharp rising Relative Strength Index (RSI) towards the overbought zone and the position of the MACD above the zero line validate this bullish narrative. DOGE/USD Daily Chart On the flipside, if DOGE bulls are unable to sustain the current momentum, Dogecoin price may slip below the 200-day Simple Moving Average (SMA) at $0.2836. If this happens, DOGE price may drop further to seek support at the 100-day SMA at $0.2475 or the 50-day SMA at $0.2354.
BINANCE:DOGEUSD
by CoinGape
1
DOGE Price Tanks To $0.24, DOGE Finds Support At 100-SMA DOGE price trades in a third straight bearish session as the crypto market continues to bleed. The 100-day SMA is crucial to Dogecoin restarting the bullish run. IntoTheBlock’s IOMAP model shows that DOGE sits on strong support above $0.2400. DOGE price is trading in a third straight bearish session as bulls struggle stay above the October rising trendline. DOGE has been a strong contender in the recent crypto bull run that appears not to be over. Therefore, investors should take the current correction as temporary which may eventually result in a massive climb. DOGE Price Sits on Strong Support Above The 100 SMA At the time of writing, DOGE price was exchanging hands around $0.2476 with a bearish bias and appears to be battling immediate resistance at $0.2560. Failure to hold close above this level could see the “meme coin” slide below the 100-day Simple Moving Average at $0.2464 to tag the $0.2400 psychological level. Slide below this level could trigger massive sell orders that could see the Dogecoin price fall further to tag the 50-day SMA at $0.2348 or today’s intra-day low at below the $0.2200 psychological level, indicated by the green band. Note that the appearance of the three black crows candlestick pattern and the nosediving Relative Strength Index (RSI) away from the overbought zone add credence to this bearish outlook. Technical outlook from the daily chart shows that DOGE price sits on strong support at $0.2464 where the 100-day SMA coincides with the rising trendline. A closure above the aforementioned level could bolster the bulls the push DOGE higher past the $0.2560. A clear bullish breakout will be realised if Dogecoin break out above the $0.2700 psychological level to tag the 200-day SMA at $0.2865. After which the next logical move would be a rally to areas above $0.3100 indicated by the red band. The position of the MACD above the zero line validates this bullish narrative suggesting that DOGE market momentum remains positive.
BINANCE:DOGEUSD
by CoinGape
DOGE , Doge/usdtThe Dodge coin is now in a 5-wave uptrend after completing the correction wave. The following points are important to change the trend. 1- The price chart has broken an important diagonal resistance upwards. 2- The volume of transactions is relatively high. 3- To reach ATH, the next resistances are in the range of 36 and 45 cents ahead. 4- By the end of the year, we have a total goal of $ 2 for Dodge. This is an analysis and should not be used as a basis for buying and selling.
Long
by Malek_Razmgah
DOGE Consolidation continues, when to expect a shot up price ?We last published an idea for DOGEUSDT 2 months ago Since then, the price of DOGE has fallen by -30% and has consolidated above the strong level of $0.20 . And although further on the chart of DOGEUSD buyers organized a 30-40% bounce of the price up, but if this rebound is compared with the BTCUSDT price rally, which was in recent months, the growth is not too strong for an altcoin. This combination of inputs, allows us to assume that at the moment, Dogecoin continues to consolidate and compose a medium-term long position. The upper bound of the consolidation is near the $0.30 level and the price may still reach this level in the coming days. To ensure a strong shot at the DOGEUSDT price yet this year, buyers should not allow the price to fall below $0.22. This is the lower boundary of the current consolidation. Fixing the price below $0.22 will move it into the framework of formation of another reversal pattern: "Double Bottom" or in the form of a cup. In this case, the lower buying zone and the critical level will be around $0.1650-0.17 Global targets for growth of x2 and higher. In principle we tried to represent all variants on the chart in an understandable way. If something is unclear, or you do not agree with our vision of the market, we are ready for a productive discussion below in the comments. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
75
BTC retraces ATH's, alts to pump soonAs BTC pumps, historically alt's receive large volumes of trading as it consolidates and traders look elsewhere for profits. We're fighting resistance levels at the .5 fib. When BTC consolidates, and other major coins slow their rolls, I expect doge to see some serious action. DOGE and SHIB have been infighting community-wise. SHIB is speculated to be listed on robinhood in 2022, but I've only seen hearsay of that. Regardless, the cryptocurrency wallets expected to be available to robinhood users soon should be a big boon to doge, as well as more Elon hype with the DOGE-1 mission happening in the first quarter of 2022. We're fighting resistance levels at the .5 fib. When (I don't think it's a question of if) we break that, we should see some good movement upwards. All it takes is one big pump with doge for people to close sell orders and start the fomo waterfall though. Hard to say how high this puppy could go. Either way, I'm bullish.
BINANCE:DOGEUSDLong
by O_Positive
DOGECOIN EXPLOSION? THE SUPERVISION OF DOGECOIN AND ALTCOINI've watched a lot of other traders plotting Dogecoin I absorb and judge personally, my opinion goes along with a strong move from BTC although this correction I am very afraid that a few cases of B may happen that can drag Dogecoin to $ 0.05 level and then continue to fly strongly according to the above pattern I rely on the principle of the EW wave to draw, I am still young and hope to be corrected immediately, thank you international friends. VIETNAM CRYPTO ART
by wew11809
6
GOLD ON RESISTANCE, MARKET BULLISH Dogecoin has taken a great move it was moving in a parallel channel and today it break and went to resistance 0.265-0.27 Price is above 200MA shows market is bullish. Just wait for daily candle closing and if price is above 0.27 it will move to above resistance otherwise it will come to support, parallel channel. Buy at support 0.2250 or at 0.272 (recommended to see daily closing candle. HAPPY TRADING. Comment any query. Like and Follow, Thanks
by ProTradingPoint