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Dogecoin

#Dogecoin idea update vs #BTCI posted this #DOGEBTC chart a long time ago Well we are seeing the fractal that I thought was forming appear to be well underway which is great not only for Doge but #Altcoins as well Over the years Doge has been fantastic at generating more BTC and quite literally a unicorn in making higher highs and higher lows through multi cycles The coin that sparked a whole industry But often times its best to bet on the market leader think Coke v Pespi Apple V Samsung A $80k BTC puts Doge at over $2 using this projection will it get there... ? tough to say But at least we have a roadmap
Long
by BallaJi
11
💎 MPC/USDT - Bull move Ahead ? (READ THE CAPTION)After checking the chart of a new cryptocurrency named MPC/USDT (Partisia Blockchain) , after this cryptocurrency was listed on the Kucoin exchange, it was accompanied by a strong growth and was pumped by about 360%! After this growth, the price fell again and filled this liquidity gap! Now a new LV has been created and I expect that if the price stabilizes above the $0.43 level, this cryptocurrency will grow again, and its possible targets are 0.507, 0.54, 0.5920 and 0.65, respectively! Its long-term target is also above 1$! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
5
💎 BTC/USDT - BITCOIN will reach $100K ? (READ THE CAPTION)By checking the Bitcoin chart in the weekly (logarithmic) time frame, we see that the price after correction to $60,800 was again accompanied by demand and is currently in the range of $67,500! There are only 30 days left until the Bitcoin halving and we will probably see extreme price fluctuations before and after the halving! According to the previous analysis, the next possible targets of Bitcoin will be $77,700, $79,000, $85,000 and $100,000 respectively! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
3
DOGE Soars Nearly 20% After Coinbase Announces Doge DerivativesIn a significant move for the cryptocurrency market, the Commodity Futures Trading Commission (CFTC) has given its approval to Coinbase Derivatives LLC's application for Dogecoin ( CRYPTOCAP:DOGE ) futures, alongside Litecoin and Bitcoin Cash. This development has sparked a renewed interest in DOGE, as well as positive sentiment across the broader crypto landscape. Coinbase's CFTC Approval Ignites DOGE Surge: Coinbase's quiet filing for Dogecoin futures certification with the CFTC on March 7 went unnoticed until recently. With the CFTC's approval, Coinbase Derivatives LLC is set to launch DOGE futures trading on April 1. The announcement sent shockwaves through the crypto community, prompting a nearly 20% surge in DOGE prices after a recent correction. Market Response and Outlook: Following the news, Dogecoin ( CRYPTOCAP:DOGE ) emerged as one of the hottest topics on social media platforms like X (formerly Twitter). The anticipation surrounding DOGE futures listing on Coinbase has fueled optimism for further price gains. Additionally, the positive momentum extended to Bitcoin Cash ( SET:BCH ) and Litecoin ( CRYPTOCAP:LTC ), both witnessing notable price increases ahead of their listing on Coinbase Derivatives LLC. CFTC Recognition and ETF Speculation: The CFTC's recognition of Dogecoin ( CRYPTOCAP:DOGE ), Bitcoin Cash, and Litecoin as commodities in approving their futures trading holds significant implications. This acknowledgment aligns with the broader industry sentiment and could pave the way for potential exchange-traded fund (ETF) launches. Dogecoin ( CRYPTOCAP:DOGE ) enthusiasts are particularly hopeful for a CRYPTOCAP:DOGE ETF, given the CFTC's classification and the potential challenge it poses to the Securities and Exchange Commission (SEC) regarding security classification. Market Dynamics and Federal Reserve Remarks: The approval of CRYPTOCAP:DOGE futures comes amidst a broader market resurgence fueled by dovish remarks from Federal Reserve officials. The expectation of interest rate cuts by the Fed has injected bullish sentiment into the cryptocurrency market, with Bitcoin ( CRYPTOCAP:BTC ) and Ethereum prices also witnessing notable gains.
Long
by DEXWireNews
Analysis for DogecoinThrough meticulous observation and data analysis, we have unearthed compelling patterns that shed light on how the Dogecoin market may react in the coming weeks. Our findings suggest a potential upsurge in Dogecoin's value, indicating the emergence of another bullish trend. By examining historical data and current market conditions, we have identified key indicators signaling a significant increase in trading volume. This surge in volume could serve as a catalyst, propelling Dogecoin to new heights. Moreover, our research extends beyond mere speculation. We are actively strategizing optimal positions for both bids and asks, aiming to maximize profits while minimizing risks. By strategically placing bids and asks, we aim to capitalize on the anticipated bullish momentum, ensuring that profits are not only realized but also reinvested intelligently. Central to our approach is the identification of robust support levels, providing a solid foundation for our trading strategy. We meticulously analyze support spots to ensure that investments are safeguarded against potential market fluctuations. In a recent article, it's been revealed that Coinbase Derivatives will soon introduce regulated futures for Dogecoin, Litecoin, and Bitcoin Cash. These futures, overseen by BaFin, will closely track Dogecoin's price on Coinbase, providing transparent trading opportunities. Each contract represents 5,000 DOGE, with a maximum position limit of 20,000 DOG futures. Dogecoin, currently trading at $0.15, saw a significant surge in 2021, largely fueled by celebrity endorsements. With Coinbase's dedication to innovation, investors now have a chance to leverage Dogecoin's potential through regulated futures trading, offering a pathway to diversify their investment portfolios.
COINBASE:DOGEUSDLong
by BRyAN8800
Bearish Pressure for DOGE Starts to Dwindle, Will It Surge soon?BINANCE:DOGEUSDT has been displaying intriguing patterns on the 4-hour chart. Over the recent periods, closing prices have seen fluctuations. These movements, coupled with technical indicators, paint a detailed picture of the potential directions DOGE could take in the near term. The 9 Exponential Moving Average (EMA) and the 20 EMA have been providing key insights into the asset's momentum. The 9 EMA figures, slightly descending, suggest a tightening in price action. Meanwhile, the 20 EMA values indicate a gradual bearish sentiment building up as the price moves below these averages. Bears Ease up on DOGE The Moving Average Convergence Divergence (MACD) further corroborates this sentiment with its latest readings. The MACD values have transitioned from slightly more bearish to a less bearish position over the last few periods, indicated by the histogram turning positive in the most recent period. This subtle shift suggests a potential easing of the downward pressure, though caution is still advised. The Relative Strength Index (RSI) has also provided valuable input, moving from a low of 29.36 to a more stabilized 39.26. This recovery from near oversold conditions signals a slight increase in buying interest, possibly leading to a bullish reversal if sustained momentum continues. Given these indicators and the current price movement, the resistance and support levels come into focus. The immediate resistance levels are spotted at $0.1468 and $0.15464, with a more significant barrier at $0.17227. On the downside, support levels are established at $0.13131 and $0.11732, with a crucial level at $0.08969. These levels will be critical for traders to monitor for potential entry and exit points. For bullish traders, a sustained break above $0.13432 could open up tests of the resistance levels, while bearish traders might look for a break below $0.13131 to target lower support levels. Considering the current market conditions and technical indicators, traders might find opportunities on both sides of the market. The slightly bearish momentum suggested by the EMAs, coupled with the potential for a reversal indicated by the MACD and RSI, presents a complex trading environment. As always, it's essential to consider these indicators in conjunction with broader market trends and news.
by StevenWalgenbach
DOGE:USD coming into danger zoneDoge coin is getting close to 0.764 fib regression area around $0.0121. Anyone aware of Fibonacci pinball technique, this is a must hold zone for an impulse, specially for a sub wave of a larger impulse. Time to abandon impulse is a break below previous 0.618 area, which is at $0.11. Complete invalidation of impulse at break below previous wave 1, which is at $0.107. Doge needs to bottom here and worse case, go sideways for a bit to keep the bull run alive. Otherwise, breaking the areas mentioned above will not be good news for the holders. It will need to be counted as the high of wave B and a much larger wave C will ensue below $0.02....Time to set some stop loss.
CRYPTO:DOGEUSD
by mukit1
1
DOGE Surges, Can It Break Above $0.17227?The 4-hour closing prices for BINANCE:DOGEUSDT over the past 48 hours have showcased a slight downtrend after a brief uptick. This movement is closely mirrored by the 9 Exponential Moving Average (EMA) values, which indicate a potential consolidation phase in the market. The 20 EMA, with its descending values, suggests that the downtrend might have a bit more room to run before finding solid ground. The MACD (Moving Average Convergence Divergence) indicator presents a nuanced view of the momentum. The latest values show a narrowing gap between the MACD line and the signal line, indicating a decrease in downward momentum. Specifically, the change from a negative histogram value to a positive one in the most recent sessions signals a potential shift in momentum towards the bulls. RSI (Relative Strength Index) levels have hovered around the mid-40s. These figures suggest that Dogecoin price is neither overbought nor oversold, providing a neutral stance but leaning slightly towards bearish sentiment due to its position below the midpoint of 50. Volume analysis further complements the technical picture, with trading volumes fluctuating significantly in recent sessions. A spike in volume accompanied the price movements, indicating active interest and participation in the market at these levels. Looking Ahead: Price Levels and Trade Considerations The immediate resistance levels to watch are $0.15477, followed by more formidable barriers at $0.16397 and $0.16886. These levels could serve as critical points for bullish reversals or rejection. On the downside, support levels are identified at $0.14094, with further cushions at $0.13797 and $0.13131. A breach below these supports could signal increased bearish pressure. Given the current technical indicators, traders might consider potential entry points for long positions near the support levels if signs of bullish reversal appear, such as a bullish MACD crossover or an RSI rebound above 50. Conversely, short opportunities may arise if the price fails to breach above resistance levels, especially if accompanied by bearish MACD and RSI indicators below 50. The technical analysis of the Dogecoin price points towards a market at a crossroads, with potential for both upward and downward movements. Traders are advised to keep an eye on the key technical levels and indicators discussed to identify possible entry and exit points for their trades.
by StevenWalgenbach
1
Cryptolean Dogecoin DOGE Update Following overall bearish sentiment in the Crypto market, Dogecoin price declined from $0.179 resistance. A closure below $0.145-$0.155 is likely to lead to a decline towards $0.121, also facing support at $0.132. A reversal from its current price location and a bullish break-out of $0.156 will push DOGE price towards $0.18 and higher to $0.20. Intraday Chart The DOGEUSDT 4-Hour chart is bearish and more downside is very likely. A bullish break-out of $0.149 will place #Dogecoin into the intraday range zone and will push price to the key intraday resistance of $0.182. A bearish rejection of $0.149 resistance will push price lower to $0.095-$0.11, the key support zone, also facing a support at $0.131. Support once read! Thank you.
by Trade-Lean
#DOGE/USDT#DOGE The price has been moving in a descending triangle since January 2023 With the presence of a retracement triangle pattern inside that descending channel Finally, the price reached the upper line of the channel, which is the main resistance line At 0.0920, which is the current price We expect to break the resistance line with targets First target 0.1039 Second goal 0.1157 Third goal 0.1418 With the expectation that the Moving Average 100 will be broken soon With a large selling effect, it increases the chances of a rise and as usual follow your trading plan and manage your risk. Be patient and good luck! If you like this kind of analysis don't forget to like and follow
Long
by CryptoAnalystSignal
1
💎 GTAI/USD - Be Ready for the LONG ! (READ THE CAPTION)By checking the GTAI/USDT chart, we can see that after the last analysis, the price started to correct to the attractive range of our desired demand, and we are still waiting for another 10% correction with a suitable trigger in the range of 3.45 to 3.85 to enter the LONG position! As I said in the previous analysis, the possible targets of this analysis will be $5.5, $6.2, and $10, respectively! (will be updated) Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
5
Unleashing the DOGE: Dogecoin's Chart Signals a Meme Coin RallyBINANCE:DOGEUSDT The leading meme coin, presents a compelling case for a bullish trade opportunity. Technical indicators on the hourly chart have aligned, signaling potential for growth. A bullish price action coupled with a recent upward breakout from a symmetrical triangle pattern suggests a momentum shift favoring the bulls. While historical bearish divergences on the RSI warrant caution, the current neutral RSI position provides room for upward movement without immediate overbought concerns. This trade captures the essence of harnessing market sentiment while grounded in disciplined technical analysis, offering an intriguing entry point for traders seeking to capitalize on Dogecoin's market movements. The many reasons why i am entering this trade are listed below: Exponential Moving Averages: The chart displays a bullish price action above or touching mostly the 50 EMA (green line) which both are above the 200 EMA, which is generally considered a bullish signal. Trendlines: There is an ascending trendline support that has been respected several times, indicating an uptrend. The price has recently bounced off this trendline, suggesting the trend may continue. Consolidation and Breakout: The price action shows a period of consolidation within a symmetrical triangle pattern, which is typically a continuation pattern. The breakout to the upside (where the green arrow points) suggests potential for a long position. RSI: The RSI is neither overbought nor oversold, currently around the mid-level, which indicates there is room for the price to move either way. However, earlier bearish divergence signals where the price made higher highs and RSI made lower highs could be a cause for concern. Market Sentiment: As Dogecoin is heavily influenced by fundamentals, staying updated on these could provide better context for the trade. As always, it's important to use proper risk management strategies, including setting stop losses (potentially below the 200EMA or the most recent swing low) and only risking a small percentage of your trading capital on any single trade. TPR here for me only 200% Good Luck
Long
by Lucas_CryptoLab
2
DOGEUSDT.4HIn the 4-hour DOGE/USDT chart, we’re witnessing a recent decline in price after an uptrend. Resistance Levels (R1, R2): Resistance is found at 0.18159 USDT (R1) and 0.20989 USDT (R2). These may represent points where the asset has historically faced selling pressure and could act as target levels for future price increases. Support Levels (S1, S2): Support is established at 0.15573 USDT (S1) and 0.12103 USDT (S2). These could be pivotal zones where the price may stabilize or bounce if downward pressure continues. MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, suggesting bearish momentum. The histogram is also negative, supporting this sentiment. RSI (Relative Strength Index): The RSI is hovering around 51, indicating a relatively balanced market with neither overbought nor oversold conditions. Conclusion: Given the current scenario, I would watch for how the price interacts with the first support level (S1). If it holds, it might provide a good entry point for a potential rebound, especially if other indicators like the MACD start to show a shift in momentum. If S1 fails to hold, I’d consider S2 as the next area of interest for support. For resistance, if the price rebounds and approaches R1, I’d assess the strength of the move and consider taking profits if the price struggled to break through. Stop losses would be strategically placed below support levels to manage risk. It's essential to also pay attention to market news and sentiments that could influence Dogecoin's price.
by MarsSignals
1
Elon Musk Poised To Open Dogecoin (DOGE) Payments For Tesla CarsElon Musk To Introduce Dogecoin Payments For Tesla Elon Musk recently visited the German Tesla factory near Berlin due to a suspected arson attack and mentioned Dogecoin ( CRYPTOCAP:DOGE ) during his speech on the stage. He underscored the significance of launching DOGE as a payment method for Tesla and noted that it will be possible at some point. Moreover, he expressed optimism on the meme coin’s future and ecstatically remarked, “Dogecoin to the moon.” If the announcement becomes true, it would mark a massive milestone for the DOGE crypto, which is currently vulnerable due to its rival Shiba Inu ( CRYPTOCAP:SHIB ). Meanwhile, Musk concluded that CRYPTOCAP:DOGE can be used as a means of payment to acquire Tesla merchandise currently. Furthermore, Musk spotlighted his unwavering support for the doge-themed crypto and highlighted why he endorsed Dogecoin in the past. Musk revealed that while working in the Tesla and Space X plants, so many people asked him to support Dogecoin. Eventually, Musk agreed that CRYPTOCAP:DOGE is the “people’s crypto” and decided to back the King of meme coins. Moreover, he also highlighted that loads of “rich people” were supporting Bitcoin (BTC) but he chose DOGE owing to the request made by the general people. In addition, Musk spread optimism declaring, “DOGE is for you.” DOGE Competition Intensifies Shiba Inu has seen a surge in demand, overtaking Dogecoin in terms of the weekly trade volume. Despite Dogecoin’s status as the market leader in the meme coin space, Shiba Inu outshined DOGE’s trading volume last week. SHIB recorded an impressive $31 billion in trading volume last week. Technical Outlook Dogecoin is trading above its 200-day Moving Average with a Relative Strength Index (RSI) of 70 indicating moderate growth from the memecoin. The asset could find new resistance at the $0.236 mark.
Long
by DEXWireNews
2