Baby Doge Coin (BabyDoge) surges 104%. What's next?Baby Doge Coin (BabyDoge) has witnessed a massive price surge of 104% within the past 24 hours. The dramatic rise in value follows the announcement that Binance, one of the largest cryptocurrency exchanges, listed Baby Doge Coin for spot trading.
If this bullish sentiment persists, analysts suggest that BabyDoge could challenge the $0.000000002300 mark, with potential upward movement toward $0.000000002733 in the near term.
he bullish bearish power indicator at 0.000000000898 further supports this outlook, showing a notable imbalance favouring the bulls, suggesting that prices may continue to rise.
BABYDOGEUSDT trade ideas
Alikze »» BABYDOGE | Wave 3 or C scenarioIn the previous analysis, we saw a 50% growth.
But it is currently facing selling pressure in the supply zone, which we expected to move up to the specified zone according to the survey.
💎 Now, according to the structure and behavior of the current movement, it is in wave 4 of 3.
💎 Therefore, if the demand area does not break down and in the range of 0.000000001864 the support area faces renewed demand, we will expect a break in the supply area for the targets of 1.618 and 0.000000002900
💎 So if this movement path is realized, it will have the ability to reach the specified supply area.
💎 If the support box area is broken, the specified movement path will be invalid and must be re-examined and updated.
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Baby Doge: On Its Way to the TopThe Baby Doge chart shines like a diamond in the middle of the market.
A lot of good news about this cryptocurrency has been reported, but it is still in a sideways movement.
The most important news last week was the mainnet transition from BSC to Solana.
Lower fees, higher speed, and most importantly, the hype of meme coins on the Solana network are key factors.
We are in a very critical time period, and it is likely that the upward wave of this currency towards the peak will start from June 24 to August 7.
Given the two-year sideways structure and movement, I expect an explosive move after breaking the peak.
If there is any change in the structure, the analysis will be updated.
Baby Doge can pump 20x from hereBaby Doge has learned a few tricks and lessons from his meme father, Doge. A new crypto birthed by fans of the Doge Meme online community. Baby Doge seeks to impress his father by showing his new improved transaction speeds & adorableness. He is Hyper-deflationary with static reflection that rewards holders, so more baby doge coins are being automatically added to your wallet each transaction. Simply Love, pet, and hold as 5% from each transaction is automatically redistributed to baby doge holders. Baby Doge was created as a joke with a mission to help spread awareness of animal adoption.
BabyDoge was launched in June 2021 and has an ambitious roadmap that includes further efforts for pet charity, NFT creation, GameFi and more.
BabyDoge has its own Swap BabyDogeSwap.com where it has its own AMM, core farms, farming as a service, free token locker, burn portal, and more!
Alikze »» BABYDOGE | Ready to retest the supply areaAccording to the previous analysis, which was checked in the weekly time frame, until the dynamic trigger continued its growth, after which it faced a combined correction.
💎 Currently, in the 8H time frame, after a rise to the supply range and the constructed neckline, it has faced a correction to the green box area.
💎 Now it is inside a corner pattern in the green box range, which can grow up to 0.000000001864 in the first step and retest the dynamic trigger and the supply area again.
💎 Alternative scenario: if the green box is broken, it can continue the correction up to 0.000000001500 until the previous OB.
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Alikze → BABYDOGE | Making a return patternAccording to the previous analysis, it went around the target but did not touch the neck line. It has now gone through a full cycle where its correction after the dynamic touch trigger has again met with support. It has several points. 1- It looks like a triangle corner pattern is being made. 2- The reversal pattern is forming. 3- If the swing range of 0.0000000015 is broken, the path will continue to grow until 0.0000000029 and after it is broken until the red box.
🟩Sup:0.000000001093
⛳️Tp 1:0.0000000015
⛳️ Tp2 :0.0000000029
⛳️ Tp3 :0.0000000053
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BabyDoge Meme Coin Season is ONBaby Doge Coin: Short Fundamentals, Recent News, and Disclaimer
Fundamentals:
Baby Doge Coin (BabyDoge): A meme coin inspired by Dogecoin, launched in June 2021.
Focuses on community building and charity.
Limited token supply: 420 quadrillion tokens.
Deflationary mechanism: 5% burn on each transaction, redistributing 10% to holders.
Recent News:
Limited news available due to meme coin status.
Feb 20, 2024: BabyDoge announces partnership with animal shelter organization. (Source: Baby Doge Coin Twitter: twitter.com)
Community continues to be active on social media.
Disclaimer:
This information is for educational purposes only and should not be considered financial advice.
Meme coins are highly speculative and involve significant risks.
Do your own research before making any investment decisions.
Additional Notes:
Baby Doge Coin price is highly volatile and depends heavily on community sentiment and hype.
The recent news item highlights Baby Doge's charitable efforts.
Remember, meme coin investments are known for their high risk and volatility. Invest responsibly.