Dogecoin has just started!Dogecoin's potential growth to $1 is a topic of much debate within the cryptocurrency community. While it's impossible to predict the future with certainty, there are factors that could contribute to such a rise. Increased adoption and utility, particularly through partnerships and integrations, could drive demand and propel the price upwards. A growing community and increased media attention can also fuel enthusiasm and further boost adoption. Additionally, a shift in the macroeconomic environment, perhaps driven by inflation concerns or increased interest in alternative assets, could incentivize investors to seek out meme coins like Dogecoin.
However, several challenges could hinder Dogecoin's path to $1. Its inherent lack of real-world utility and its meme-based origin could limit its appeal to serious investors. Furthermore, a highly volatile market and potential regulatory uncertainty might create obstacles to sustained growth. Ultimately, achieving a $1 price point would require a significant increase in adoption, utility, and market capitalization, and whether it will be successful remains a matter of speculation.
DOGEUSD trade ideas
DOGECOIN BREAKOUT ALERT! | 3 Scenarios to Watch for Morning, trading family! Let’s break this down. Dogecoin’s been hanging out in this range, but it looks like a breakout’s on the horizon. I see three ways this could play out, so here’s what I’m watching.
Scenario 1:
If we get a clean breakout from here, we’re likely heading toward 0.1745. If that level holds, we could see it push even higher, up to 0.1847 and beyond.
Scenario 2:
There’s a chance we pull back first, dipping into the 0.162 to 0.159 area. If buyers step in, we could bounce from there and make our way back toward 0.17 to 0.1745, and maybe even higher.
Scenario 3:
The market could also take us a bit lower, down to 0.1550. If that happens, it’s not the end of the world—a strong bounce from there can still send us back to 0.17 and beyond over time.
What do you guys think of this analysis? Do we pop straight up, or do we dip first? Let me know how you’re seeing it—drop a comment below. Always love hearing your thoughts.
Mindbloome Trading/ Kris
Trade What You See
Little Doge- First i am not a fan of Memes Coins, but i hodl some from few years.
- i started with few bucks.
- Remember prices are just what peoples believe in.
- A good exemple is Gold, anyone can eat Gold, but peoples buy it because they believe in it.
- Peoples believe in Elon Musk Tweets or change Twitter logo.. then Doge up!
- i just believe he's an opportunist, but a great businessman.
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- so let's do some quick Maths :
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- if you bought 1000$ of Doge in 2015 Bottom.
- you could have made : 888000%+
- Sold Doge at ATH you could have made : 8,800,000$+ (yep...)
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- if you bought 1000$ of Doge in 2019 Bottom (excluding Covid19 Dip)
- you could have made : 34000%+
- Sold Doge at ATH you could have made : 340,000$+
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- if you bought 1000$ of Doge in 2022 Bottom.
- you will possibly make : 10000% (potentially 5$)
- Selling Doge at the good time (ATH), you will possibly make : 100,000$
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- To conclude, you will never make the same money as peoples did some years ago, but you still have some opportunities to make great money.
- Some peoples will FUD about Doge, but i am 100% convinced that they didn't buy it in 2015...
- Don't forget Cryptos are risky. invest only what you can afford to lose.
- More you are gambling in "crazy projects", more you are taking risks, more you could be strongly rewarded, or lose everything!
- " The biggest risk in life is not taking any risk "
Happy Tr4Ding !
DOGEUSD started the Cycle's rally and can go x50.Dogecoin / DOGEUSD has crossed over the Bull Flag of the past 7 months, trading above both 1week MA50 and MA200.
This is what we have been calling as the 'October effect' since in Doge's 10 years of trading, most Octobers have ended correction phases that started aggressive rallies.
The ones every 4 years since 2016 have been the most aggressive.
Based on the previous two Cycles and their parabolic rallies, we believe it is possible for Doge to even go x50 from here.
Even 10x would be great from here but no matter your target, the essence is that Doge has started the new rally of this Cycle.
Follow us, like the idea and leave a comment below!!
DOGE breaking out of downward wedge, new highs incomingDOGE breaking out of downward wedge, new highs incoming
Confirmation by a retest of the support zone without breaking the prior low on the daily. Also MACD recent crossover from baseline
After we got our retest of the downward trendline, as well as the 50d moving average, every signal is pointing to a strong move to new highs
Dogecoin Breakout Run Targets $0.1930Resistance at $0.15: DOGE faces strong resistance at the $0.15 psychological level. Breaking above this could open the path for a sustained uptrend.
Golden Crossover: The recent golden crossover between the 50-day and 200-day EMAs signals a bullish shift, with potential for an extended rally if the crossover holds.
Fibonacci Resistance at $0.1432: DOGE struggles to move past the 38.20% Fibonacci retracement level at $0.1432. This level remains a key resistance for further upward movement.
Next Target at $0.1571: Should DOGE break the $0.1432 resistance, the next Fibonacci level at 50% ($0.1571) is the short-term target, indicating potential for additional gains.
Support at $0.1239: Key support for DOGE sits at $0.1239, a crucial level that may act as a rebound point if the price faces increased selling pressure.
Medium-Term Target at $0.1930: If bullish momentum extends, DOGE could challenge the 78.60% Fibonacci retracement level at $0.1930, positioning it closer to the $0.20 range.
Sideways Trend Near $0.135 to $0.146: The current sideways movement suggests consolidation around this range, with potential for breakout depending on volume and broader market strength.
DOGECOIN-USD bucking the sleepy Crypto trend Saturday
If you want to see a strong chart structure, open a chart of Dogecoin-USD, it kind of reinforces that it means business in its pricing going much higher, plus you start to understand why many Crypto-gurus and collectors have this one in their Top 10 right up there with the likes of Bitcoin and Solana.
I am a holder, but I noticed all of the other Crypto is in the red today, and this one is doing all the work and heavy lifting.
DOGE:USD - Is it wave 1 or wave b?Is it the red count or blue count? That is the question. Previous analyses still hold. Still no trade zone inside the box range; but I will be seriously tempted if price comes back to blue count wave 2 area. I might dip my toe in with a stop loss below the box. Whatever the case, we might be going through the last bear leg before the big blowoff happens by Q1 next year.
DOGEUSD Pulling back for the SQUEEZE. How I do the squeeze!
Cryptocurrency DOGEUSD has been firing lately & Fomo stung me today as I keep seeing this thing go higher. Similar to SOLANA today DOGEUSD has really broken out of its 3 month range.
This is also stacked with the moving averages/ema's in their right spots and you will find that the 200EMA on Daily is below price where it needs to be for higher prices to follow.
Bullish Doge ChartI meant to post this around the end of September. I have been watching Doge for a while and just had not had the opportunity to really write about it. Doge has been in an area of consolidation from 2022-2024. in the first quarter of 2024 we see the pull back from 2022 high, and found support in an area of what was previous resistance all 2023. listed below are multiple reasons why I am long Doge.
REASONS:
-Daily appears to have cup and handle forming
-Tesla potential earnings and Elon Musk involvement
-presidential election
-potential bitcoin run
-back above 0.11 resistance level
-Doge reached back up to the 0.5 territory
Could we be in the beginning of the run to 0.20 going into the new year??