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Market Cap DOGE, $Market Cap DOGE, $Market Cap DOGE, $

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DOGE trade ideas

**DOGE Symmetrical Triangle Breakdown - Bulliesh Setup** The **30-minute chart** for **DOGE** highlights a **symmetrical triangle breakdown**, signaling a bearish move. - **Entry**: $53.12B (current level - yellow line) - **Stop Loss (SL)**: $51.29B (white line - key support) - **Target 1 (T1)**: $55.25B (red line - first resistance) - **Target 2 (T2)**: $57.38B (green line - major resistance level) **Watch closely** for price action around $53.12B. If volume increases and momentum sustains, this trade offers a solid risk-to-reward ratio. 📉 #DOGE #Crypto #Altcoins #TradingSetup #TechnicalAnalysis #CryptoMarket
CRYPTOCAP:DOGELong
by Xeeshan79
Analyzing Dogecoin Futures Open Interest: What Does it Mean ?Dogecoin (DOGE), the memecoin that captured the world's imagination, has seen its future open interest reach an all-time high. This metric, which measures the total number of outstanding futures contracts, is often used as an indicator of market sentiment and potential price volatility. While this development might seem bullish at first glance, it could also be a warning sign for DOGE's price trajectory. What Does High Open Interest Mean? A high open interest in futures contracts indicates increased speculative activity around a particular asset. In the case of Dogecoin, this suggests that traders are taking significant positions, either long or short, on the cryptocurrency's future price movement. On one hand, high open interest can be a bullish sign. It could mean that there is strong demand for Dogecoin, and traders are betting on its price to rise. However, it's important to consider the other side of the coin. High open interest can also indicate a potential for increased price volatility, as traders may be more likely to take profits or cut losses, leading to sharp price swings. The Role of Elon Musk and Memecoin Momentum Dogecoin's popularity has been significantly boosted by the support of high-profile figures like Elon Musk. Musk's tweets and endorsements have often sent the DOGE price soaring, attracting new investors and driving a speculative frenzy. Moreover, the broader memecoin market has been experiencing a period of outperformance, with many memecoins recording significant price gains. This trend has further fueled interest in Dogecoin and contributed to its price rally. Is a DOGE Price Top Imminent? While the recent surge in Dogecoin's price and the all-time high in futures open interest are undoubtedly exciting, it's crucial to remain cautious. Several factors suggest that a price top might be nearing: • Overbought Conditions: Technical indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) may be signaling overbought conditions, suggesting that the price may be due for a correction. • Profit-Taking: As the price of Dogecoin rises, traders who have made significant profits may start to take some of their gains off the table. This selling pressure could lead to a price decline. • Regulatory Uncertainty: The regulatory environment for cryptocurrencies remains uncertain, and any negative regulatory developments could have a significant impact on Dogecoin's price. • Market Sentiment Shifts: The cryptocurrency market is highly volatile, and sentiment can shift rapidly. If investor sentiment turns bearish, it could lead to a sharp decline in Dogecoin's price. Conclusion While the high open interest in Dogecoin futures is a noteworthy development, it's essential to approach it with a balanced perspective. While it could indicate strong demand and potential for further price appreciation, it also highlights the increased risk of price volatility. As with any investment, it's crucial to conduct thorough research and consider the potential risks and rewards before making any decisions. Investors should be mindful of the potential for a price correction and avoid making impulsive decisions based on short-term price fluctuations. A long-term investment approach, coupled with a solid understanding of the underlying technology and market dynamics, maybe the most prudent strategy for navigating the volatile world of cryptocurrencies.
CRYPTOCAP:DOGE
by bryandowningqln
Doge/SolIn the twilight of the bull market, Dogecoin and Solana danced neck and neck, their market caps nearly aligned. But if history's echoes hold true, Doge could soar fourfold beyond Solana. Yet, Solana’s steady rise has crowned it a sanctuary of safe trades, where low risk promises modest rewards. Timing may waver, and Doge's allure remains, but wisdom whispers: time *in* the market beats timing *the* market. So, choose your course, but remember—the journey matters more than the moment. Good Luck!
CRYPTOCAP:DOGELong
by CyperTrade
DOGE - Diagonal price action There are no guarantees in the markets, only probabilities. I see the following 2 short-term probabilities: On the 2-day timeframe we see an impulse structure. The fourth wave has already completed. According to Elliott Wave norms, it may go a little higher, but not significantly. The top could be the 0.174 EUR MAX mark. According to the principle, the fifth wave may update the troughs a bit, or stop near the end of the third wave. The horizontal volume profile gives a good guide - a range between ~0.077 and 0.06 EUR. A bit more globally, I view the whole structure as an Expanded End Diagonal formation. Therefore a strong reaction to EUR 0.47 is possible after the end of the 5th wave of the smaller degree, this is my base case scenario. Keep in mind, if you look at the picture on the 1D TF, the 5 way down structure is already completed! Also remember that Waves act simultaneously on ALL degrees. So there is another possibility - when this 5-wave pattern works out, a more global degree will take effect, so the price may fall deeper than 0.06 EUR !! :) The result, as always - there are not many probabilities - either UP or DOWN. So manage your risks and make fat profits !!!
CRYPTOCAP:DOGE
by dogecoin_chain
Dogecoin Eyes a Golden Repeat: A Bullish Signal on the Horizon? Dogecoin (DOGE), the self-proclaimed "meme coin" that took the internet by storm in 2021, is back in the spotlight. This time, it's not a celebrity tweet or a viral trend driving the buzz, but a technical indicator with a historical track record of bullish success: the golden cross. Golden Cross: A Beacon of Hope for DOGE? The golden cross is a chart pattern formed when the 50-week simple moving average (SMA) crosses above the 200-week SMA. In simpler terms, it indicates that the short-term (50-week) average price is trending higher than the long-term (200-week) average, suggesting a potential shift towards a sustained price increase. For Dogecoin enthusiasts, the significance of this pattern lies in its past performance. In early January 2021, DOGE experienced a golden cross, which was followed by a meteoric rise of over 8,000% in just four months. This phenomenal surge propelled DOGE from a fraction of a cent to a record high of nearly 76 cents per token. Is History Repeating Itself? As of today (May 10, 2024), DOGE's weekly price chart displays a similar setup. The 50-week SMA is steadily climbing and appears poised to breach the 200-week SMA in the coming weeks, potentially confirming a golden cross. This has understandably ignited excitement among DOGE holders, with many hoping for a repeat of the 2021 price explosion. A Word of Caution: Past Performance Isn't a Guarantee While the historical correlation between the golden cross and DOGE's previous surge is undeniable, it's crucial to remember that past performance is not necessarily indicative of future results. The cryptocurrency market is notoriously volatile, and numerous factors beyond technical indicators can influence price movement. Here are some key considerations to keep in mind: • Market Conditions: The overall cryptocurrency market sentiment plays a significant role in DOGE's price. If the broader market experiences a downturn, even a golden cross might not be enough to propel DOGE on a similar upward trajectory. • Regulatory Landscape: Regulatory changes or interventions can drastically impact cryptocurrency prices. Close attention should be paid to any upcoming regulatory developments that could affect DOGE's market. • Whale Activity: Large investors, also known as "whales," can significantly influence DOGE's price through substantial buy or sell orders. • DOGE's 2024 Landscape: Beyond the Golden Cross Even if the golden cross materializes, it's important to maintain a realistic perspective. Unlike 2021, DOGE currently benefits from a more established market presence. This, coupled with its year-to-date gains of over 70%, suggests a potentially stronger foundation for growth compared to its earlier explosive but volatile rise. The Bottom Line: A Sign of Hope, But Not a Crystal Ball The potential golden cross is undoubtedly a positive development for DOGE, offering a glimmer of hope for a sustained price increase. However, responsible investors should conduct thorough research, consider broader market factors, and avoid solely relying on technical indicators for investment decisions. While the 2021 price surge might not be a guaranteed outcome, the golden cross signifies a shift in momentum, potentially paving the way for a more stable and upward price trajectory for Dogecoin in the coming months.
CRYPTOCAP:DOGELong
by bryandowningqln
The greatest comeback since LazarusHumans are innate storytellers. We revel in interpreting events as narratives, and entertaining outcomes seamlessly fit into these mental stories. In a world teeming with information, our minds selectively zero in on what's intriguing or dramatic. Entertaining outcomes inherently command our attention, influencing the prism through which we assess the likelihood of various events. Entertaining outcomes stir up potent emotional responses, swaying our judgments. The most entertaining outcome is the most likely,
CRYPTOCAP:DOGE
by mitsandwits
5
$DOGEUSDT $DOGE Dogecoin Perpetuals- Huge Dark Pool buy...Dogecoin (DOGE) price has increased today. The price of Dogecoin (DOGE) is $0.075315 today with a 24-hour trading volume of $373,811,359.85. This represents a 2.87% price increase in the last 24 hours and a -3.29% price decline in the past 7 days. With a circulating supply of 140 Billion DOGE, Dogecoin is valued at a market cap of $10,581,983,242. What is Dogecoin (DOGE)? Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply. Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined. Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes. The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional. Dogecoin in 2022 Fast forward today in 2022, Dogecoin has grown so much and have gathered the mainstream attention. It has become a meme that is used by the likes of Tesla billionaire, Elon Musk and even more so spunned off even more meme coins into the market. Dogecoin followers have always been asking if Dogecoin would ever reach $1. It is hard to say where the price action will go, but high volatility seem to be mainstay as the utility of the cryptocurrency remains unclear being a meme coin.
CRYPTOCAP:DOGE
by BADQOMOCAWGOWLD
Crypto DOGE"Dogecoin's price today is US$0.07739, with a 24-hour trading volume of $394.07 M. DOGE is +1.74% in the last 24 hours." 90% - Buying 10% - Selling technically it shows a higher low from its previous lows. *Buying for a thousand years, for a thousand box. 1000 TP- 0.11151000 May the currents of the market align in our favor, Like a gentle breeze guiding us ever closer. With hope as our compass, we ride the waves, Dreaming of success that no hurdle enslaves. Let the tides of fortune carry us forth, To reach the shores of abundance and worth. In harmony with the market's dance we sway, Hoping destiny will lead us towards a brighter day. AMEN 🙏
CRYPTOCAP:DOGELong
by RichieJohn
1
Crypto DOGE"Dogecoin's price today is US$0.07739, with a 24-hour trading volume of $394.07 M. DOGE is +1.74% in the last 24 hours." 90% -Buying 10% -Selling Technically, it shows a higher low from its previous low. TP - 0.11151000 *Buying for a thousand years, and for a thousand box. 1000 May the currents of the market align in our favor, Like a gentle breeze guiding us ever closer. With hope as our compass, we ride the waves, Dreaming of success that no hurdle enslaves. Let the tides of fortune carry us forth, To reach the shores of abundance and worth. In harmony with the market's dance we sway, Hoping destiny will lead us towards a brighter day. 🙏 AMEN
CRYPTOCAP:DOGE
by RichieJohn
Doge is on the Move! Join the Doge Resistance Movement Today! 🐕Our beloved Dogecoin (Doge) made a groundbreaking move in its recent rally, breaking through the Fibonacci .382 resistance level. 🎉 Doge continues to amaze us all with its resilience and unwavering determination. With this significant breakthrough, it's clear that Doge is not just a meme cryptocurrency anymore; it has become a force to be reckoned with in the crypto world! Now is the perfect time to consider adding Doge to your crypto portfolio. The recent surge in value is a testament to its growing popularity and potential for substantial gains. By joining the Doge resistance movement, you'll be part of an exciting journey and have the opportunity to reap the rewards that come with it. Here are a few compelling reasons why you should seriously consider adding Doge to your portfolio: 1. Momentum: Doge has repeatedly proven that it can defy expectations. Its recent breakthrough of the Fibonacci .382 resistance level is just the beginning. With its strong community support and increasing acceptance in various industries, Doge's momentum is only expected to grow. 2. Widespread Adoption: Doge has gained significant popularity and acceptance among merchants, online platforms, and celebrities. This widespread adoption strongly indicates its potential to become a widely used digital currency, further driving its value upward. 3. Memes to Millions: While Doge started as a meme, it has evolved into much more. Its humorous and lighthearted nature has attracted a massive following, making it a unique investment opportunity that stands out. Doge's community-driven approach fosters a sense of inclusivity and fun, creating a strong bond among its supporters. So, don't miss out on this golden opportunity to join the Doge resistance movement and potentially profit from its remarkable journey. Add Doge to your crypto portfolio today and be part of this thrilling ride to the moon! 🚀 If you have any questions or need assistance acquiring Doge, please comment away below. Together, let's celebrate the incredible achievements of Doge and embrace the possibilities it brings. Join the Doge resistance movement today, and let's ride this wave of success!
CRYPTOCAP:DOGELong
by bryandowningqln
2
DOGE Bullish per BTCIf we look at the market caps of doge per btc (doge / btc), it appears the bottom is in for the altcoin, relative to btc. I believe now is the best time to accumulate while the price is between .07-.05 A price of .07 is roughly -90% from the all time high and at .05 it's -93%. I don't see the price going any lower given it's a top 10 cryptocurrency, excluding a major economic meltdown, in which case, just buy more. Ultimately I see doge at $1-$2 during the next bull run in late 2024 / early 2025 (15-40x return). I'm aware of the unlimited coin supply and farce of the coin, but once the big names like Elon start pumping this coin it will go exponential once again, as it has every cycle. Happy Trading.
CRYPTOCAP:DOGELong
by The_Bitcoin_Boy
1