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Dogeusdt

DOGECOIN soon will breakout from monthly resistance Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Dogecoin, while highlighting the key resistance levels that are critical for the next phase of price action. 📚💡 To begin with, the most significant resistance we are currently facing is around the 23-cent mark. This level has proven to be a formidable barrier, as Dogecoin has failed to break above it and sustain upward momentum for more than a year. However, given the recent surge in volume and the overall market conditions, there is a strong possibility that we will see this resistance level broken to the upside in the near future. The primary short-term target is clearly indicated on the chart, and we are watching this level closely for a potential breakout. 📚🙌 Following that, the next major resistance level to be aware of is the 34-cent price range. This resistance has also been in place for more than two years, with the price repeatedly failing to push past it. The behavior of Dogecoin’s price near this level will be crucial, as any significant move toward 34 cents could indicate whether the cryptocurrency is truly ready for a sustained rally. We will continue to monitor this area closely and provide further analysis in future updates. 📚✨ In upcoming analyses, I will dive deeper into the price action around these resistance levels, discussing the potential scenarios and key indicators to watch for as we approach these critical price points. Understanding these levels is vital for making informed trading decisions in the coming weeks. 📚🎇 🧨 Our team's main opinion is In this analysis, I highlight key resistance levels for Dogecoin, with the first major hurdle at 23 cents and the next at 34 cents, both of which have been strong barriers for over a year. A potential breakout above these levels could signal a shift in price momentum, and I will continue monitoring these levels in future updates. 🧨 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Long
by MadWhale
7
DOGE Dogecoin BreakoutIf you haven`t bought DOGE before the previous breakout: nor sold the top: Now you need to know that is primed for a new rally! Dogecoin appears poised for a new rally after breaking out from a falling wedge pattern, a bullish technical indicator. The wedge typically signals a reversal from a downward trend, suggesting upward momentum. As the breakout solidifies, Dogecoin could target the $0.22 price level, a significant resistance zone. Strong buying volume following the breakout could fuel the rally, supported by renewed interest in the meme coin and broader market sentiment.
Long
by TopgOptions
DOGE hits three-year maximum. But will the bullish trend endure?Leading meme coin Dogecoin (DOGE) has experienced a remarkable price surge in the past few days. It currently trades at $0.28, recording an 88% price uptick in the past seven days. This significant uptrend has propelled DOGE ahead of Ripple’s XRP in terms of market capitalization. With strengthening buying pressure, the meme coin is poised to extend its gains. The Super Trend indicator tracks the overall direction and strength of an asset’s price trend. It shows a green line during uptrends and red during downtrends. Sustained demand for the meme coin could soon push it past this crucial barrier. A successful breakthrough here would pave the way for a Dogecoin price jump to $0.39 — a high last seen in June 2021. However, if profit-taking increases, Dogecoin could lose some of its recent gains and potentially drop to $0.19. Failure to establish support at this level may lead to a deeper decline, with DOGE falling toward $0.09.
Long
by paul_endeo
Dogecoin Analysis: Potential Cup and Handle Formationhello guys. Pattern Identification: This chart suggests a potential "Cup and Handle" pattern, often considered a bullish continuation pattern. The rounded base forms the "cup," followed by a consolidation phase that could complete the "handle." Support Levels: The range between $0.05 and $0.07 shows strong historical support, providing a base for the current uptrend. Additional support is seen around the 0.382 Fibonacci level, at approximately $0.0889, which aligns with previous resistance and current price action. Resistance Targets: If the handle pattern completes and breaks upwards, Dogecoin could potentially reach $0.38 and $0.52 as intermediate targets. A breakout above the pattern’s neckline could lead to a long-term price target in the $3.80 area, aligning with the higher resistance levels shown. Outlook: A successful completion of this pattern might signal a bullish reversal for Dogecoin, but confirmation is needed. If it fails to hold support levels, the price could retest lower levels, particularly near the 0.618 Fibonacci retracement.
BINANCE:DOGEUSDLong
by melikatrader94
22
Here I buy Dogecoin at $0.23Here I buy Dogecoin and my buy price is starting at $0.23 with market orders. I'm buying Doge aggressively here now Dogecoin experiencing the major supply shock with me here now befor your eyes. Come on, let's not talk about what is the utility here. I know you're here for the technology, but I'm here for the money And you've got to swallow it whether you like it or not Let's see what you're gonna say about this event that is happening with doge here. I think you gotta stop this headache and open your mind when big things are happening before your eyes. I don't see things as they are, I see them as I am. I always look outside myself for strength and confidence but it comes from within. It is there all the time. I always buy everything with confidence. I don't buy anything with doubt. I have no control over other participant's emotions, I just have control over the countdown Cause the countdown has just begun. Dogecoin supply shock. megalodon crypto on the loose Take it or find an excuse. I was walking with my dog and a doge purchase passed through my mind and we decided to set fire to the mic and ignite the crowd baby And now you gotta suck up your tears from your nostrils to stop from crying out loud baby
Long
by btcbullshark
2
DOGE: A Bullish Rally or Another Trap? What You Need to KnowYello! Could we be on the verge of a major #DOGEUSDT rally? Or is another fake-out looming? Let's dive into the latest analysis of #Dogecoin! 💎#DOGE is currently displaying strong potential for a bullish continuation from a critical support zone at $0.096. We've been tracking #Dogecoin closely as it follows a falling wedge pattern, and it now appears ready to break above the descending resistance line. The next target? Internal resistance at $0.151 — a key level that could set the stage for a bigger move. 💎If #DOGEUSDT holds strong at this critical support, we might witness a significant rally, echoing previous market surges. A breakout above $0.151 could pave the way for an advance toward the next resistance zones, potentially driving the price even higher. 💎But here's the catch... It’s essential to stay cautious. If momentum weakens at this support, we could see a pullback to the lower support area around $0.080-$0.087. 💎Keep a close eye on CRYPTOCAP:DOGE ’s price action! A daily close below this demand area could invalidate the bullish scenario and trigger further declines. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
14
Doge SellAhmadarz analysis based on the DOGEUSD chart: Chart Analysis: Resistance Zone (Sell Zone): Around the $0.22–$0.23 range, there's a visible resistance level where sellers could potentially take control. The price has approached this upper zone but appears to lack momentum for a breakout. This level is marked in red on the chart and labeled as the "Best zone for Sell." Support Zone (Buy Zone): The support zone lies closer to $0.115, with the area marked in green as the "Best zone for Buy." If the price falls to this level, it might attract buyers, providing a good potential entry point for a rebound. Current Price Action: The price recently made an upward push but faced rejection near the resistance zone, suggesting a potential trend reversal or correction. The price is in a consolidation phase, bouncing around near the resistance line. A drop could lead the price back down toward the buy zone. Trading Signals 📉📈 Sell Signal: If DOGE/USD continues to face resistance around the $0.22–$0.23 level, consider a sell entry in this range. Confirmation with candlestick patterns like bearish engulfing or a clear rejection might add more strength to the signal. 🎯 Target for this position could be near the next support zone around $0.15. Buy Signal: If DOGE/USD declines towards the $0.115–$0.12 support level, this could offer a buying opportunity for a rebound. Buyers should watch for a bounce or bullish patterns near this level. 📈 Set a target around $0.15–$0.17 for potential gains. Risk Management ⚖️ Stop-Loss for Sell: If entering a sell position near $0.22, a stop-loss around $0.23 would limit potential loss if price breaks out of the resistance zone. Stop-Loss for Buy: For buy entries near $0.115, a stop-loss below $0.11 would be a protective measure if the price continues down. Sell Signal 📉 Entry: $0.22 - $0.23 StopLoss: $0.235 Targets: TP 1: $0.20 TP 2: $0.18 TP 3: $0.15 TP 4: $0.12 Conclusion 📝 This chart suggests a range-bound scenario with key levels to watch. Traders could look for sell opportunities near resistance and buy opportunities at support.
COINBASE:DOGEUSDShort
by ahmadarz
2
DogeUsd moves up but watch 4 Bitcoins break above 76,522 Bitcoin is making a sluggish return to the long-side in trading today, so DogeUsd is following suit. But Bitcoins next leg-up is dependant on a Top2 system 'taking' and a BTCUSD move above price 76,522 should ensure Bitcoins next bullish move but also DogeUsd. My other pick at the moment is Cardona, ADAUSD which I picked Long at 0.33 & is now at nearly 0.39, however it's chart is indicative of much higher prices as Bitcoin Price Ascends further.
EIGHTCAP:DOGEUSDLong
by Easy_Explosive_Trading
Dogecoin - Get In Now Before It Hits $10!Dogecoin ( CRYPTO:DOGEUSD ) is about to repeat another bullish cycle: Click chart above to see the detailed analysis👆🏻 Dogecoin just broke out of the previous bear market triangle pattern and is starting its next major bullrun. Looking at market structure, price action and previous cycles, Dogecoin could even hit two digits after is manages to break above the all time high. You know what's possible. Levels to watch: $0.1, $0.2, $0.5, $10 Keep your long term vision, Philip (BasicTrading)
CRYPTO:DOGEUSDLong
by basictradingtv
36
Dogecoin Just Barked ,Thanks to Elon & Trump’s crypto magicMusk & Trump: Dogecoin’s New Favorite Hoomans? In a landscape where cryptocurrency trends often intersect with political drama, both Bitcoin and Dogecoin have seen notable price movements leading up to the US presidential election. Bitcoin has rallied to within 5% of its all time high, while Dogecoin, defying the general altcoin downturn, surged almost 12%. This surge followed Elon Musk’s endorsement and the coin’s growing association with Donald Trump’s campaign. Dogecoin’s Rise and the Musk Trump Link Bitcoin’s upward trend is mainly driven by technical factors and larger economic conditions. On the other hand, Dogecoin’s momentum can be traced to its ties with Elon Musk and Donald Trump. After Musk’s appearance at a Trump rally in New York, Dogecoin’s price jumped by 16%, hitting $0.167 and marking the highest percentage gain among the top 100 cryptocurrencies for that day. Musk, known for his strong support of DOGE, proposed a “Department of Government Efficiency”—cleverly abbreviated as D.O.G.E . making the coin a playful symbol for Trump’s campaign goal of reducing government spending. Musk’s impact on Dogecoin is well-documented, particularly during the 2021 bull market when he frequently mentioned it on Twitter. Recently, he fueled further excitement by tweeting a meme of himself with a DOGE avatar, invigorating Dogecoin’s community. Paul Howard, a senior director at crypto trading firm Wincent, stated, “DOGE is now closely connected to the US presidential race due to Musk’s endorsement and his presence at Trump’s rallies.” Prediction Markets, Dogecoin & Trump’s Chances Dogecoin’s rise isn’t happening in isolation. The correlation between Trump’s campaign progress and Dogecoin’s price growth has been magnified by prediction markets favoring Trump’s chances in the election. On Polymarket, blockchain-based odds for Trump’s victory have risen from 61% to nearly 66% in the last week. This Dogecoin-Trump link, strengthened by Musk’s involvement, brings a speculative edge to both the meme coin and Trump’s campaign, both driven by their nontraditional popularity and social media narratives. As Trump’s odds improve, some believe Dogecoin could keep gaining attention if Musk’s D.O.G.E. proposal picks up support. Although the department idea is only theoretical, it has resonated with both Musk and Trump supporters, injecting a novel and ironic rallying point into the 2024 campaign. Market Reactions and Future Implications Dogecoin’s recent rally shows how influential prominent endorsements can be, even amid a sluggish altcoin market. Once considered a “joke currency,” DOGE now has serious investors betting on Musk’s ongoing support to maintain its relevance. While it remains well below its peak of $0.7 in 2021, Dogecoin’s current five-month high and unique position in the political limelight could attract more attention leading up to Election Day. For Bitcoin, the focus is on its tendency to rally after elections, as new market entrants often surge in during these periods. If BTC’s current “bullish setup” resembles late 2020’s conditions, as Sigel suggests, it may reflect crypto’s changing role during political transitions and heightened speculation. Overall, the intertwining of political narratives with cryptocurrency prices signals a noticeable market shift. While Bitcoin remains relatively stable, Dogecoin’s speculative value fluctuates with the influence of key figures. Whether gains are driven by Trump, Musk, or broader market forces is uncertain, but one thing is clear: in the unpredictable world of crypto, politics and social popularity have become key factors in shaping market dynamics.
Long
by moonypto
DOGE COIN SWING LONG IDEA - MEMECOINDOGE is the leading coin in the meme sector of crypto and occasionally receives direct support from Elon Musk. With Musk potentially in office alongside President Trump, this coin could see significant upward momentum. Technical Analysis: The price recently broke the bearish trendline that’s been in place since the end of October. During this breakout, we also established a strong daily demand zone. Today, there’s been a notable upside movement following news about Elon Musk's involvement with Trump. I anticipate a retracement to the daily and 4-hour demand zones, which are aligned with the Fibonacci optimal trade entry area. I’ll look for lower time frame confirmations to enter the trade. Target: $0.23 Stop Loss: $0.14
Long
by UA_CAPITAL
DOGE Swing Trade Opportunity after Trump and Elon Musk's VictoryWith the recent victory of Donald Trump in the 2024 U.S. presidential election, the crypto market has responded with a wave of optimism, particularly with Bitcoin (BTC) reaching new all-time highs. This bullish sentiment has trickled down to Dogecoin, which saw a significant price surge of approximately 15%. Now, with Musk’s push for the D.O.G.E. initiative—aiming to streamline government and reduce spending by trillions—the market is seeing a potential for CRYPTOCAP:DOGE to become more than just a meme coin; it could emerge as a symbol for Musk’s broader political and financial influence. This, more than any short-term rate decision from the Fed, could be the real driving force for Dogecoin in the coming months. FOMC & Market Pullback The Federal Reserve's interest rate decision scheduled for tomorrow could bring volatility to the crypto market. A rate hike could trigger a temporary pullback across major assets, including DOGE. However, these pullbacks may present ideal entry points for traders looking to capitalize on the overall bullish sentiment fueled by a pro-crypto administration. Key Levels to Watch for DOGE Primary Entry Level – 0.618 Fibonacci Retracement A significant level to watch for DOGE’s pullback is the 0.618 Fibonacci retracement level, which aligns closely with a 1-day Fair Value Gap (FVG) and the Point of Control (POC) from the volume profile. This confluence makes it a high-probability entry level where DOGE is likely to find support. This zone, marked around the $0.16 - $0.17 range, is ideal for both leverage and spot traders looking to go long. 1-Week Order Block Target Zone For swing traders, the upper target range sits within a 1-week order block between $0.27 - $0.28. This level represents a strong resistance area and an ideal zone to take profits gradually. Given the bullish sentiment in the broader market, reaching this zone could result from continued positive momentum, especially if Trump's administration continues to promote a crypto-friendly stance. Trade Setup Summary Entry Zone: $0.16 - $0.17 (0.618 Fib + 1D FVG + POC) TP Levels: TP1: $0.21 TP2: $0.24 TP3: $0.27 - $0.28 (1W OB) Stop Loss: Below $0.15, to protect against deeper pullbacks if the market turns bearish. Caution As the FOMC decision approaches, expect potential price fluctuations. Monitor the market closely, as rate hikes could impact liquidity and create short-term volatility. Being cautious with leverage and adjusting positions based on market conditions is essential. Have a safe and victorious trade everyone, Cheers!
Long
by MadeByAK
2
SasanSeifi|Will the Price Break Above $0.18 or Face a CorrectionThe previous analysis.👇 In the daily timeframe BINANCE:DOGEUSDT , Dogecoin has held support around the $0.090 level, entering a consolidation phase. The forecast suggested a short-term target of $0.125, followed by a possible move to the $0.14–$0.15 range. Observing Dogecoin’s reaction to both the $0.125 level and the liquidity area around $0.14 is crucial to understanding its future direction. As predicted, Dogecoin maintained its support at $0.10 and resumed an upward trajectory, achieving a significant 46% increase up to the $0.15 target. Following this, Dogecoin encountered resistance, triggering a slight retracement, and a potential pullback down to the $0.125–$0.12 range is expected. Further monitoring of price reactions at these support levels will clarify its next movements. After a period of consolidation and confirmation, there’s a chance for another round of upward fluctuations and bullish momentum. However, should the price fail to hold, further corrections might follow. New analysis👇 As shown on the chart, after a slight retracement down to the $0.125 area and completing a pullback, Dogecoin has rebounded with a 37% increase, currently testing a significant supply zone. If the price can push above the crucial $0.18 resistance level, Dogecoin could extend its growth to targets like $0.188–$0.20, approaching the next bearish order block. On the other hand, if momentum weakens, a corrective target at $0.158–$0.155–$0.15 could come into play. Observing price reactions to these support levels will provide clearer insight into Dogecoin's future trend. 💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
by SasanSeifi
5