This could be Huge!We have pulled back significantly from the high at 0.44 from, the accelerated move up, and currently flirting fib the 50% retracement at around0.26.
A Break and hold above 0.31 would signify a larger timeframe up move and much higher prices.
If we break below 0.20 this would nullify the pattern.
from an Elliott wave perspective, the bullish scenario is that this retracement is wave 2 and the wave 3 up move would be significant.
Dogeforecast
DOGEUSDT Buyin' the Dip , massive Upside PotentialDOGEUSDT Buy the Dip back to 0.39 cent
targets
Resistance 1
0.14 ---->BROKEN
Resistance 2
0.25 ---->BROKEN now flipped to Support
Resistance 3
0.39
Resistance 4
0.56
Resistance 5
0.77
Now that $.56 is an imminent reality, we should all pledge to HODL to $1. Is that fair enough?
disclaimer "I'm not a financial adviser"
DOGE to 0.175 or lowerDOGE going to fall quite fast first to 0.175, but if the support holds it could move up from there but if it breaks through the support it could end up being back at 9cents. Money is flowing quick out of DOGE and really depends on who is still keeping hold of DOGE to hold a strong support and if people keep buying the dips to keep it up. But if you want to get some doge I would suggest to put a small limit order at 9cents and it might have future pumps that could get you some decent profits, but I would not buy it above 18cents.
$1 as early as tomorrow eveningWe have a widening channel and momentum and volatility is increasing, added to this sentiment and public awareness through the roof. We could easily see $1 by 4/18 but be prepared for some major swings.
I would really like to see some consolidation at least for a week or so.
Please see my previous pubs all have been on the mark.
Dogecoin $DOGEUSD PT .75-PT 10 and higher later...Dogecoin spikes 400% in a week, stoking fears of a cryptocurrency bubble
Dogecoin is a cryptocurrency based on the “Doge” meme, which rose to popularity in late 2013. It started out as a joke.
Now, defying all odds, dogecoin is worth $40 billion, and its price has risen by a whopping 400% in the last seven days.
Dogecoin’s skyrocketing price has led to worries of a potential bubble in the cryptocurrency market.
Dogecoin started out as a joke. Now it’s a top 10 digital currency worth $40 billion.
The cryptocurrency is based on the “Doge” meme, which rose to popularity in late 2013. The meme portrays a Shiba Inu dog alongside nonsensical phrases in multicolored, Comic Sans-font text.
Created in 2013 by software engineers Billy Markus and Jackson Palmer, dogecoin was intended to be used as a faster but “fun” alternative to bitcoin. It has since found a growing community online.
And now, defying all odds, dogecoin has a total market value of more than $40 billion, according to crypto market data site CoinGecko, adding over $20 billion in the last 24 hours. The digital token reached an all-time high of 32 cents Friday morning, more than doubling in price from a day ago.
‘I just became a Dogecoin millionaire’
It’s not the first time dogecoin has seen a wild climb. Like many cryptocurrencies, it has a tendency for volatile swings in price. In 2018, dogecoin’s price began rising in tandem with other popular digital currencies. It’s been fairly off the radar since then. But earlier this year, dogecoin skyrocketed on the back of enthusiasm from a Reddit group called SatoshiStreetBets.
Similar to the subreddit WallStreetBets, which helped fuel a rally in GameStop shares at the start of 2021, SatoshiStreetBets aims to pump up the prices of cryptocurrencies.
Dogecoin has been climbing again in the past week, hitting 10 cents a coin for the first time on Wednesday. It’s risen by a whopping 400% in the last seven days.
On Friday, a Reddit user posted a picture of their dogecoin holdings on the Robinhood investing app.
“Hey guys I just became a Dogecoin millionaire,” the user said, showing a balance of $1,081,441.29 in their account.
Why is dogecoin rallying?
For one, there’s the Coinbase listing. The most popular U.S. virtual currency exchange went public on Wednesday, briefly hitting a $100 billion market cap in a landmark moment for cryptocurrencies.
The excitement around Coinbase’s debut led to a surge in the prices of bitcoin and ether. Bitcoin hit a record high of more than $64,000 on Thursday, while ether briefly topped $2,500 for the first time Friday morning. Dogecoin has been no exception to the frenzied interest in these digital assets.
Dogecoin has attracted a following among users of Robinhood. On Thursday, the U.S. online brokerage said there was a “major outage” in its crypto trading feature after facing “unprecedented demand.” The feature is now back online, Robinhood said.
Some reports have attributed the latest dogecoin rally to support for the meme-based token from Tesla CEO Elon Musk. He has made several tweets about dogecoin, which in turn has helped push up its price.
On Thursday, Musk posted a cryptic tweet saying “Doge Barking at the Moon,” likely in reference to the popular crypto slang phrase “to the moon.”
The billionaire has called dogecoin his “fav” cryptocurrency and “the people’s crypto.” Musk has also come out as a supporter of bitcoin, with his electric car company buying $1.5 billion worth of the cryptocurrency earlier this year.
But his tweets have worried some investors, given their apparent ability to move markets. Some bitcoin investors, for instance, have sounded the alarm about Musk’s dogecoin tweets. Nic Carter, co-founder of Castle Island Ventures, warned retail investors “are going to lose money on dogecoin,” calling it a “vehicle for speculation.”
Bubble concerns
Dogecoin’s skyrocketing price has led to worries of a potential bubble in the cryptocurrency market. Some investors already view bitcoin as a speculative bubble — the world’s most popular digital coin has more than doubled since the start of 2021.
“Dogecoin’s rise is a classic example of greater fool theory at play,” David Kimberley, an analyst at U.K. investing app Freetrade, told CNBC.
“People are buying the cryptocurrency, not because they think it has any meaningful value, but because they hope others will pile in, push the price up, and then they can sell off and make a quick buck.”
But, Kimberley added, “when everyone is doing this, the bubble eventually has to burst and you’re going to be left shortchanged if you don’t get out in time. And it’s almost impossible to say when that’s going to happen.”
“This is doubly the case in the crypto markets where a small group of players often hold a huge chunk of the total number of ‘coins’ in circulation. That means it only takes one person to dump all their holdings for the entire market to tank.”
DOGE POSSIBLE RECOVERY POINT 0,34+ NOW COMINGHello trading friends,
possible recovery point from 0,34+ on doge
the most know we did update before to buy doge at 0,42, and it did increase as expected great!
Our before doge update
this also depending on bitcoin possible breakdown trend
Discipline is the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly * this is not an advice
---> Have a great day
DOGE 1D Are there any investors left for growth or all sold out?2 months have passed since the publication of the global idea for DOGEUSDT
And although the consolidation and working off dragged on for a month longer than expected, still the goal has been achieved today , below is the previous idea.
And now 3 options for the development of eventsand considering that this is DOGECOIN - a joke coin that is pampered on manipulative news, it is difficult to say for sure which option will work.
1) a narrow trade in the area of the current maximum and further continued rapid growth to $0.29-0.3
2) a deeper correction of the DOGEUSD price to the level of $0.087-0.09, from which the growth scenario to $0.29-0.3 will still have real chances for execution.
3) if the news manipulators have already sold out and have lost interest in DOGE, then the fall may become rapid. Then the first level to stop the fall is $0.07, and if it does not keep the fall, then we will be welcomed by the $0.04 level.
Let's discuss in the comments which scenario in your opinion is the most realistic
_____________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Doge coin with ilan mask energy going to 0.72$!!!I believe that "ILAN MASK" decide to fly price of dogecoin because he has a big size of dogecoin!
I predict it will go to 1$ for each coin with GAAN method!
You can see how price of dogecoin going from 0.13 going to 0.72$!
Next coin is what? by whom????
We need support!!!!
good luck everyone!
DOGE explodes, reaching toward the moon, hits $0.15
Dogecoin goes ballistic to trade another new all-time high.
More upward action expected as Dogecoin eyes liftoff to $0.2.
Dogecoin has become a household name in the cryptocurrency industry. Despite Elon Musk, the founder of Tesla, having an unquenched thirst for the coin, investors worldwide continue to shower it with love and attention. The break above $0.1 catalyzed the swing to new highs as massive buy orders were triggered.
Dogecoin extends the bullish outlook
The Meme Coin exchanges hands at $0.13 at the time of writing, following a majestic rally over the last couple of days. Short-term technical levels reveal that the slightest resistance path is upward. For instance, the Moving Average Convergence Divergence (MACD) indicator is firmly in support of the bullish narrative. In addition to striking higher levels within the positive region, the MACD line (blue) divergence from the signal line is a massive bullish indication.
Meanwhile, higher support must be established to secure the uptrend. A spike above $0.15 may catalyze another uptick to highs past $0.2. It is clear that Dogecoin's uptrend is still intact and could reach much higher levels.
On the flip side, failure to close the day above $0.12 could spur a rise in overhead pressure. Any sign of instability will likely trigger sell orders as investors cash out for profit. Other key support areas to keep in mind include $0.1 and $0.08.
Dogecoin intraday levels
Spot rate: $0.13
Trend: Bullish
Volatility: High
Support: $0.12 and $0.1
Resistance: $0.14 and $0.15
Dogecoin $DOGEUSDT PT .20 and higherDOGE Rides Crypto Wave to New All-Time High Prior to Coinbase Nasdaq Listing
Dogecoin doesn't trade on Coinbase but it has rallied ahead of the exchange's shares trading on the Nasdaq.
Apr 14, 2021 at 10:38 a.m. EDT
Dogecoin, the popular meme cryptocurrency created in 2013, rallied for two straight days to a new all-time high during early trading hours in the U.S. on Tuesday. This happened as bitcoin and ether also surged to new record prices on the same day that crypto exchange giant Coinbase started trading on Nasdaq.
At press time, dogecoin (DOGE, +44.46%) was changing hands at $0.13, up 68.0% in the past 24 hours, according to CoinDesk 20.
On Messari, dogecoin's market capitalization has also surpassed that of bitcoin cash (BCH, +14.77%) and chainlink (LINK, +15.93%), now being ranked as the 10th most valued cryptocurrency.
Messari's data also shows that there are 100 cryptocurrencies with at least $1 billion market capitalization, as the global crypto market now values at around $2.22 trillion.
The staggering gains across the crypto market came in the leadup to Coinbase's direct listing.
“The Coinbase hype within crypto, in terms of valuation and its domino effect on other markets” means Wednesday’s direct listing might become “a key catalyst event,” Singapore-based crypto quant firm QCP Capital wrote Monday on its Telegram channel.
Notably, at the time of writing, dogecoin is not listed on Coinbase.
The sudden price rise of dogecoin also came as Mark Cuban, the owner of the Dallas Mavericks, tweeted that the basketball team would not sell the dogecoin it receives from its consumers as payment for tickets and merchandise.
The NBA team started accepting dogecoin as a payment back in March.
DOGE 12h Will Musk still send Doge to the moon on his rocket?And we continue to review almost the most manipulative tool of the last month's DOGECOIN
Now the DOGEUSDT price is in consolidation, there are many options for price movement, but before we analyze them, we want to warn you - do not trade DOGE with margin leverage !!!
From level to level 15-20% one mistake with the choice of direction and margin call, liquidation, and no deposit.
Going slowly doesn't prevent arriving !
An interesting zone for recruiting long is $0.0375-$0.0450 , which can give a cool result in the medium term or until the first tweet of a dedicated DOGE fan :)
The critical level for longs is $0.03
Below it, in our opinion, one should not count on growth, since from below the DOGEUSD price level of $0.01 will begin to attract to itself
_____________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)