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Dogecoinusd

Dogecoin price blasts to new highs past $0.64Dogecoin's ongoing rally seems unstoppable after striking new record highs. The meme coin trades above $0.6 at the time of writing. It is up 42% in 24 hours and 119% in the last seven days. The valuation of Dogecoin currently sits at $77 billion. It has outmaneuvered Ripple to become the world's fourth-largest cryptocurrency. Dogecoin is now more valuable than companies like Twitter and Ford. At the time of writing, Dogecoin is exchanging hands at $0.64 after overcoming the resistance at $0.6. Securing support above $0.6 would see the market stabilizing and allowing the bulls to sustain the massive gains. Short-term technical indicators insinuate that Dogecoin is comfortably in the hands of the bulls. For instance, the Moving Average Convergence Divergence (MACD) is unwavering with the movement above the mean line (0.00). Besides, the MACD line's wide gap above the signal line indicates that the DOGE's path with the slightest hurdles is north. The uptrend has also been validated by the Relative Strength Index (RSI), as illustrated on the four-hour chart. Navigating the confluence resistance at $0.6 allowed the trend strength indicator to continue with its upward motion, encouraging more investors to enter the market. Meanwhile, bulls have their focus on $1 and Dogecoin may explode to higher levels as speculation builds. The fear of missing out (FOMO) seems to be the reason why the Dogecoin rally is unstoppable. As mentioned, establishing higher support will secure the uptrend. Dogecoin intraday levels Spot rate: $0.64 Trend: Bullish Volatility: Growing Support: $0.6, $0.5 and $0.4 Resistance: $0.7 and $1
BINANCE:DOGEUSDLong
by CoinGape
1
⚠️DogeCoin Another Rocket Might Be Launched ⚠️💡 Trade Idea 📈 EOS/USDT Buy Limit Order @ 6.1704 🎯 Target Profit 6.7695 🛑 Stop Loss 5.9763 ❌ Do not risk more than 1% of your account on each trade 🙂 Good Luck! Description: The price succeeded to break the bullish flag to the upside and now the market is trading above the 6.1340 USDT mark. We expect a lower correction to this level and then a rally toward our mentioned target profit. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
Long
by CollegeofPips
10
DOGE on threshold for 48% rally amid Elon Musk aggressive pump Dogecoin breaks above a symmetrical triangle pattern and readies for liftoff to $0.4. Elon Musk becomes the official “Dogefather” ahead of the Saturday Night show. The immediate support at $0.30 should be defended; otherwise, a correction may occur toward $0.15. Dogecoin led the price action in the cryptocurrency market on Wednesday, breaking away from the slugging crypto assets. The majestic price action happened in the wake of a tweet sent by Elon Musk, the founder of Tesla. DOGE spiked by more than 20%, hitting $0.35 for the first time in more than a week. Musk said that he would be the “Dogefather” as he hosts the Saturday Night Show. The billionaire has an undying love for the meme coin, which has rallied extensively since the beginning of the year. Besides, it has become common to expect a tweet regarding Dogecoin from Musk, who once said that he would put a literal Doge on the moon. Dogecoin sets out for the technical breakout At the time of writing, Dogecoin trades at $0.32 while bulls look forward to levels above $0.35 and $0.4, respectively. Besides Musk’s pumping, Dogecoin also broke out of a symmetrical triangle, as illustrated on the four-hour chart. This pattern has both bullish and bearish biases. However, when the price slice through the upper trendline, just like Dogecoin, a breakout is anticipated. A spike in trading volume confirms the breakout, which has a precise target, measured from the highest to the lowest points. It is worth noting that the Moving Average Convergence Divergence (MACD) affirms the uptrend. As the indicator crossed into the positive region, it became apparent that buyers had taken control. In addition, the MACD line holds above the signal line, thus cementing the bulls’ influence. Dogecoin intraday levels Spot rate: $0.32 Trend: Sideways Volatility: Low Support: $0.3, the 50 SMA, and $0.25 Resistance: $0.35 and $0.4
BINANCE:DOGEUSDLong
by CoinGape