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Dogecoindollar
Dogecoin Gains Momentum with Upcoming DogeOS & Bullish SentimentDogecoin ( CRYPTOCAP:DOGE ), the world’s favorite meme cryptocurrency, is showing signs of continued bullish momentum. The upcoming launch of DogeOS by MyDoge wallet and recent events involving prominent figures like Donald Trump and Elon Musk have sparked significant optimism in the DOGE community. As these developments continue to unfold, DOGE could see further price gains that might lead to a substantial rally in the coming weeks. Here’s an in-depth look at the technical and fundamental factors behind the recent surge in DOGE.
DogeOS and the ‘DOGE’ Department
1. DogeOS Launch to Empower Web3 Users
The Dogecoin ecosystem is set to expand with the anticipated launch of DogeOS, an innovative app layer designed by MyDoge wallet. MyDoge CEO Jordan announced that DogeOS will offer a more engaging Web3 experience by integrating games, apps, and other tools within the Dogecoin ecosystem. This development aims to attract a new generation of Web3 users, potentially increasing demand for CRYPTOCAP:DOGE and expanding its utility beyond a meme coin.
2. Boosted Market Sentiment Following Trump’s DOGE Agenda
In a significant development, President Donald Trump announced a new Department of Government Efficiency (DOGE), headed by Elon Musk and Vivek Ramaswamy. This symbolic connection to Dogecoin has brought excitement to the market, drawing investor interest in CRYPTOCAP:DOGE as market watchers speculate on possible implications. With the support of these high-profile figures, sentiment has turned increasingly bullish, as the market perceives DOGE’s potential as a token for advocacy and reform under a new governmental narrative.
Technical Analysis:
Currently trading in an upward trend, CRYPTOCAP:DOGE is showing a strong continuation pattern, supported by key technical indicators. After a recent pullback, CRYPTOCAP:DOGE has demonstrated resilience, rebounding by 1.26% as of the latest data. The price chart reveals a bullish trend, indicating a potential for further gains as CRYPTOCAP:DOGE continues to attract attention.
Despite reaching an RSI of 92—typically an overbought signal—the MACD, volume indicators, and Moving Averages continue to signal an upward trajectory. Historically, DOGE has rallied significantly during periods of high RSI, often surpassing expectations as new bullish news fuels demand. Traders are keeping a close eye on resistance levels, especially around $0.42, which, if broken, could set DOGE on a path to $1, according to prominent analysts.
What’s Next for Dogecoin?
With DogeOS on the horizon and major figures like Trump and Musk driving public interest, Dogecoin’s appeal as a speculative investment remains strong. The combination of MyDoge’s efforts to innovate within Web3 and the symbolic alignment of the DOGE coin with Trump’s administration has created a narrative that appeals to both crypto enthusiasts and new investors.
For those considering an entry point, the overbought RSI may signal caution in the short term. However, the broader indicators suggest the potential for sustained upward movement, particularly if DogeOS proves successful in driving new users to the ecosystem. Investors will be closely monitoring price action around key resistance levels, with $1 becoming a more realistic target as momentum builds.
As Dogecoin ( CRYPTOCAP:DOGE ) continues to expand its influence beyond memes, its technical and fundamental setups reflect an asset with growing potential. If the current momentum holds, DOGE could very well be on its way to new highs, marking a defining chapter in its journey to “the moon.” 🚀
Little Doge- First i am not a fan of Memes Coins, but i hodl some from few years.
- i started with few bucks.
- Remember prices are just what peoples believe in.
- A good exemple is Gold, anyone can eat Gold, but peoples buy it because they believe in it.
- Peoples believe in Elon Musk Tweets or change Twitter logo.. then Doge up!
- i just believe he's an opportunist, but a great businessman.
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- so let's do some quick Maths :
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- if you bought 1000$ 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 !
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.
Dogecoin DOGE Intraday Trade SetupDogecoin is dealing with the key intraday resistance zone around $0.1596 and declining as per CRYPTOLEAN forecast.
A bullish break-out of $0.1596 will offer more upside towards $0.1813 and, possibly, higher to $0.20.
Another re-test of $0.1503 or even better $0.1411 followed by a bullish rejection and a break-out of $0.1596 will lead DOGE price to $0.1813 and, possibly, higher to $0.20.
More details are in the signature.
DOGECOIN DOGE price "shoots rarely" but accuratelyIf we look at the global history of DOGECOIN trading (and the coin has been around since 2014), you can see one interesting pattern.
At the end of 2017 , it was hugely pumping (for those times), and then the creators of DOGE wrote that they did not understand why their "joke coin" had a capitalization of several billion.
After that, the value of DOGEUSD dropped to the bottom and stayed there for more than 3 years.
Then, in the first half of 2021. Musk decided "to pull a prank" and pump Dogecoin using all permitted and not permitted methods)
The holiday did not last long, and even for the "chosen ones", but the unhappy investors in DOGECOIN, as always, are the majority. And now the correction has been going on for more than 2 years.
Based on the cyclical nature of the pumps, the next DOGEUSDT pump and, accordingly, the ATH update can fall on the 2nd half of 2024.
Moral: miracles do not happen, for a pump to be profitable for its "initiator", you first need to gain a large position, which is what has been happening over the past year.
If you have extra money that you want to invest in a long-term investment, you can take a chance and invest in DOGE, but do not buy more than $0.07-0.073.
Ideally, you should place orders with a grid in the "buy zone" of $0.0575-0.073 and wait.
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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 $0.131.
Support once read!
Thank you.
There are two scenarios (DOGE)
❤️❤️Thanks for boosting 🚀 and supporting us!
📈There are two scenarios to enter, if the resistance area fails, I will buy and if it does not fail, I will sell.
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Doge Crazy Numbers are Talking- Don't look at the Fibo, it's messy.
- i just added Fibo on this trend because i want to see the final results after next bullrun.
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- So let's talk % :
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- if u bought the bottom in 2016 and Hodl Doge until ATH.
- You could have win 930 000%+
- invest 1000$ in 2016 Bottom
- Get 9,300,000$ at the top of the ATH in 2021 ( yes 9.3 Millions $)
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- if u bought the bottom in 2019 and Hodl Doge until ATH.
- You could have made 30 000%
- invest 1000$ in 2019 Bottom.
- Get 301,000$ at the of the ATH in 2021.
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- The last bullrun in 2021 was Extremely Bullish.
- if you know about Fibo, you will notice the " WTF ?" in the chart.
- Doge literally exploded the 423.6% Extension to go 100%+ Higher...
- what a performance!
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- So for the next bullrun the minimum we could get for Doge is 3$.
- Around 5600% from the last bottom.
- invest 1000$
- get 56,000$
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- So all those numbers and % look crazy right ?
- But Numbers are talking, not me!
- Remember one thing, to be a day trader is really hard.
- But to be Hodler and armed with patience is much more easy.
- Making money is the long run is the best method.
- invest what u don't need for living and just wait few years.....
Happy Tr4Ding !
Dogecoin Trading: Tesla's Support and Long-Term Price Movement
Tesla's recent announcement to accept Dogecoin as a payment method was discovered on its site price web page. While this news has undoubtedly sparked enthusiasm among Dogecoin enthusiasts, it is essential to approach this development with caution and a critical eye.
Support from a renowned company like Tesla undeniably adds credibility to Dogecoin's reputation. However, it is crucial to remember that the cryptocurrency market is highly volatile and unpredictable. The price movements of any digital asset, including Dogecoin, can be influenced by a multitude of internal and external factors. Therefore, it is essential to consider various aspects before making any trading decisions.
Here are a few factors to bear in mind when evaluating the potential long-term price movement of Dogecoin:
1. Market Sentiment: The market sentiment surrounding Dogecoin can significantly impact its price. While Tesla's support may initially boost confidence, it is essential to remain vigilant and assess the opinion of the broader crypto community.
2. Fundamental Analysis: Conduct a thorough fundamental analysis of Dogecoin, examining its technology, adoption rate, and utility. Understanding the underlying factors contributing to its value will help you make informed trading decisions.
3. Market Manipulation: Be aware that the cryptocurrency market is susceptible to manipulation. News and announcements like Tesla's support can be exploited to create artificial price movements. Exercise caution and rely on reliable sources of information before making any trading decisions.
4. Risk Management: Implement effective risk management strategies to protect your investments. Diversify your portfolio, set stop-loss orders, and avoid investing more than you can afford to lose. Remember, no investment is without risk, and preparing for potential downturns is essential.
In conclusion, while Tesla's support for Dogecoin has undoubtedly generated excitement, it is crucial to approach the situation cautiously. Conduct thorough research, stay informed, and consider the broader market conditions before making any trading decisions involving Dogecoin.
As a responsible crypto trader, we must prioritize informed decision-making and risk management. Remember, the crypto market is highly volatile, and success lies in being diligent, cautious, and well-informed.
Dogecoin DOGE price is in anticipation of the "Doge Day" pumping
The 20th of April, or 4/20, is considered "Doge Day" by many Dogecoin supporters. The celebration began in 2021 after fans declared 20 April "Doge Day" on social media with the aim of driving the value of the digital asset to new heights.
Coincidentally, every year on 20 April, World Cannabis Culture Day is celebrated - a holiday that goes beyond the recreational use of the plant: in different parts of the world, people call for the legalization of cannabis and decriminalization of its use on this day.
And the icing on the cake is that Elon Musk does not publicly shy away from either of them :)
Doge fans' goal = $1. With the current amount of coins in circulation, the project's capitalization at this price will be no less than $139bn) For comparison, today the capitalization of BTC is $650bn, ETH is $235bn, Tether is $81bn, XRP is $25bn, and Doge is almost $13bn.
Dogeusd price on 20.04.2021 - $0.44
Dogeusdt price on 20.04.2022 - $0.145
There was no pumping these days, but it is also true that the market has been different in the last few years.
Here is our global idea for the Dogeusdt chart
From today until the end of the week, many crypto exchanges have launched trading contests for Doge, so trading volumes will definitely increase, but whether Doge's price up or down is another question.
If buyers manage to break through and gain a foothold above $0.095, they can target $0.11 and $0.14
If the cryptocurrency market continues to fall, which began yesterday, it will also be a good idea to buy Dogeusdt at $0.07-0.075.
By the way, last week we offered 3 fractals for the price movement of BTCUSDT, have you already chosen which probable path you like the most?
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DOGECOIN Doge price is approaching "a prudent buying zone"The DOGEUSDT price is in a wide buying zone of $0.057-0.073.
If you believe in the Dogecoin project, or at least believe that Musk will be able to pump up the price of DOGEUSD again, then this is the right buying zone for you)
It is wise to place buy orders by "a grid" in this zone to end up with a "tasty" average price of DOGE in a medium or long-term investment portfolio.
If and when the long-awaited alt-season begins on the crypto market, the medium-term target of $0.16 and the long-term target of $0.33 for the DOGE price look more than realistic.
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Dogecoin DOGE Price Targets after the FSB meetingThe Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Dogecoin DOGE are:
DOGE/USDT short
Entry Range: $0.085 - $0.092
Take Profit 1: $0.080
Take Profit 2: $0.073
Take Profit 3: $0.066
Stop Loss: $0.0.107
DOGECOIN's perfect entry point?! Clear pattern 06.02.2023WOW!
Very clear parallels highs and lows ascending tunnel pattern appears on chart.
Buy entry around current rate 0.092 could be an easy ~10% catch to the peak of the tunnel at 0.107.
Stop loss below the tunnel floor at around 0.0877 to be safe for false break could be a great immediate trade with much lower risk than potential reward.
Good luck
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Always do your own research and practice caution when trading leveraged products!
I appreciate any comment, question or interaction :) Thank you!
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DOGE Logarithmic Channel (Updated)This is an updated Doge Logarithmic Channel with all lines representing some level of support.
There are 2 major channels of support.
-Sell House and Buy Channel
-Sell Cabin and Buy Channel
This is not financial advice. Please look at chart yourself and decide investment opportunities.
DOGE ChannelWe are currently sitting at support. Obviously DOGE will move respectfully to BTC with announcement acceptations. There is no doubt that DOGE has caused a lot of attention at this point, so much that we had to create another channel on top of the previous DOGE channel, and it wouldn't surprise me if DOGE would need another channel above the top one. It all depends on the FOMO that will be created during the Space-X Launch and all the adoptions that start occurring around the world.