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Dogecoinlong

DOGECOIN : BUMP OR PUMP CENARIOSGreeting from IRAN to whole trading community 💙✔ DOGECOIN has made a breakout through its major down trend and pullback to broken level First cenario would be a PUMP that could break the 0.4$ major resistance level , in that case we expect from DOGECOIN to attack to its ATH On the other hand price would reflect from 0.4$ resistance level and first support zone would be the new uptrend (Red Line) Whats your opinion do we have PUMP or DUMP on the way? KEEP IT SIMPLE :)
by nima-mohammadkhani
6
DOGECOIN IS ABOVE ITS SUPPORT BUT STILL SO RISKYGreeting from IRAN to whole trading community 💙✔ Straight to the point , DOGECOIN is above its major support "0.25$" If price maintain above this level we expect a possible PUMP But if not and this major level broke , the next support would be that green zone (about 0.16$) Whats your opinion about DOGECOIN? Do you believe that this coin is overprice and will witness a DUMP in it Or do you believe in MUSK and DOGECOIN future? Which cenario is more possible? 1 OR 2? Comment your opinion below 🙏🙏 KEEP IT SIMPLE :)
by nima-mohammadkhani
18
Ascending Triangles For DegeneratesDoge to the moon? According to the 4 hour chart, it is possible. As we can see from the chart, Doge broke down after reaching all time highs in the .40 cent range. After correction, it found support around the .20 cent range. Shortly after, it came back up to test the .27 cent resistance and is currently creating an ascending triangle. If doge breaks the .28 cent range, I believe it can continue back to .35 cents with relative ease. CAUTION: This is not financial advise. Use your own best judgement when making trades. (Don't lose all your money playing with a meme coin)
BITTREX:DOGEUSDLong
by nickbcross
1
$DOGE - CORRECTIVE WAVE DONE Hello traders, The last days have been rough for doge coin and cryptocurrency in general, doge coin lots around 80% of its current value and made a new dip. As we can see on the chart, the price made an ABC corrective pattern which is now done, indeed, it went back down to the reload zone ( between 0.618 and 0.786) to permit to the wales to buy more and more. What's next ? As we can see on the MACD, there is a tightening of the momentum which means that the price could spike up or down in the next hours. The OBV shows that despite the huge dip, the total volume of transaction didn't decrease at all which is good new for the bulls. The new wave which is forming right has beaten the first stop (not drawn on the chart), so we can expect a consolidation before going back up to the short reload zone (red square) and potentially break the all-time high How much doge coin do you have in your wallet ?
BINANCE:DOGEUSDLong
by oneuptrading
2
Dogecoin $DOGEUSD PT .75-PT 10 and higher later...Dogecoin spikes 400% in a week, stoking fears of a cryptocurrency bubble Dogecoin is a cryptocurrency based on the “Doge” meme, which rose to popularity in late 2013. It started out as a joke. Now, defying all odds, dogecoin is worth $40 billion, and its price has risen by a whopping 400% in the last seven days. Dogecoin’s skyrocketing price has led to worries of a potential bubble in the cryptocurrency market. Dogecoin started out as a joke. Now it’s a top 10 digital currency worth $40 billion. The cryptocurrency is based on the “Doge” meme, which rose to popularity in late 2013. The meme portrays a Shiba Inu dog alongside nonsensical phrases in multicolored, Comic Sans-font text. Created in 2013 by software engineers Billy Markus and Jackson Palmer, dogecoin was intended to be used as a faster but “fun” alternative to bitcoin. It has since found a growing community online. And now, defying all odds, dogecoin has a total market value of more than $40 billion, according to crypto market data site CoinGecko, adding over $20 billion in the last 24 hours. The digital token reached an all-time high of 32 cents Friday morning, more than doubling in price from a day ago. ‘I just became a Dogecoin millionaire’ It’s not the first time dogecoin has seen a wild climb. Like many cryptocurrencies, it has a tendency for volatile swings in price. In 2018, dogecoin’s price began rising in tandem with other popular digital currencies. It’s been fairly off the radar since then. But earlier this year, dogecoin skyrocketed on the back of enthusiasm from a Reddit group called SatoshiStreetBets. Similar to the subreddit WallStreetBets, which helped fuel a rally in GameStop shares at the start of 2021, SatoshiStreetBets aims to pump up the prices of cryptocurrencies. Dogecoin has been climbing again in the past week, hitting 10 cents a coin for the first time on Wednesday. It’s risen by a whopping 400% in the last seven days. On Friday, a Reddit user posted a picture of their dogecoin holdings on the Robinhood investing app. “Hey guys I just became a Dogecoin millionaire,” the user said, showing a balance of $1,081,441.29 in their account. Why is dogecoin rallying? For one, there’s the Coinbase listing. The most popular U.S. virtual currency exchange went public on Wednesday, briefly hitting a $100 billion market cap in a landmark moment for cryptocurrencies. The excitement around Coinbase’s debut led to a surge in the prices of bitcoin and ether. Bitcoin hit a record high of more than $64,000 on Thursday, while ether briefly topped $2,500 for the first time Friday morning. Dogecoin has been no exception to the frenzied interest in these digital assets. Dogecoin has attracted a following among users of Robinhood. On Thursday, the U.S. online brokerage said there was a “major outage” in its crypto trading feature after facing “unprecedented demand.” The feature is now back online, Robinhood said. Some reports have attributed the latest dogecoin rally to support for the meme-based token from Tesla CEO Elon Musk. He has made several tweets about dogecoin, which in turn has helped push up its price. On Thursday, Musk posted a cryptic tweet saying “Doge Barking at the Moon,” likely in reference to the popular crypto slang phrase “to the moon.” The billionaire has called dogecoin his “fav” cryptocurrency and “the people’s crypto.” Musk has also come out as a supporter of bitcoin, with his electric car company buying $1.5 billion worth of the cryptocurrency earlier this year. But his tweets have worried some investors, given their apparent ability to move markets. Some bitcoin investors, for instance, have sounded the alarm about Musk’s dogecoin tweets. Nic Carter, co-founder of Castle Island Ventures, warned retail investors “are going to lose money on dogecoin,” calling it a “vehicle for speculation.” Bubble concerns Dogecoin’s skyrocketing price has led to worries of a potential bubble in the cryptocurrency market. Some investors already view bitcoin as a speculative bubble — the world’s most popular digital coin has more than doubled since the start of 2021. “Dogecoin’s rise is a classic example of greater fool theory at play,” David Kimberley, an analyst at U.K. investing app Freetrade, told CNBC. “People are buying the cryptocurrency, not because they think it has any meaningful value, but because they hope others will pile in, push the price up, and then they can sell off and make a quick buck.” But, Kimberley added, “when everyone is doing this, the bubble eventually has to burst and you’re going to be left shortchanged if you don’t get out in time. And it’s almost impossible to say when that’s going to happen.” “This is doubly the case in the crypto markets where a small group of players often hold a huge chunk of the total number of ‘coins’ in circulation. That means it only takes one person to dump all their holdings for the entire market to tank.”
BINANCE:DOGEUSDLong
by UnknownUnicorn19246015
1
What can we expect from Dogecoin?This is and will remain a difficult question. But what we do know is that Dogecoin is used more everyday which means a greater demand by companies and users for Dogecoin. This is very positive for Dogecoin's price in general. For 2021, therefore, a large growth in the price of Dogecoin is also expected as more collaborations will occur and new products will be developed from Dogecoin. With an increase of 51% at the beginning of 2021, it looks rather promising. The price prediction of Dogecoin is therefore highly estimated by many analysts and experts for 2021 - 2025. It is a crypto that is increasing in demand, has more and more partnerships and more new product innovations. Billionaire Mark Cuban announced recently that the Dallas Mavericks have completed more than 20,000 transactions in Dogecoin, making his NBA team the largest trader of the meme-based cryptocurrency. Furthermore, Cuban owns the Mavericks (and thus a billionaire), but also presents the Shark Tank program. Now he has found another fun activity with Dogecoin. He says that if his team sells 6.5 billion Doge merchandise worth, the Doge rate could go up to $ 1. Can we do an exact price forecast of Dogecoin? No, unfortunately that is impossible. However, the adoption of the entire cryptocurrency industry is on the rise, with Dogecoin being a favorite cryptocurrency for many due to high demand. What can be said is that the future is very positive and a price increase of hundreds of percent can be very realistic in the coming years. So, my advice? Buy some Dogecoin because you might be lucky.
BITTREX:DOGEUSDLong
by Sharona_vf
1