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Dogelong

DOGE/USD to $2.80+ ? Potential Long Depending on MarketI'm seeing a similar pattern to the last big push and consolidation. If it repeats the same we are about to have a big pump. RSI similarities as well. We have been pinging off the same spot that has resulted in the previous pumps. A stop loss below the yellow dotted would probably be a good idea. A lot is unpredictable currently with everything in turmoil obviously. 55/200 EMA profile even looks similar. Time will tell. (Blue drawn line is just an example of what may unfold if history repeats again) Disclaimer: Trade at your own risk, I am not a professional. I'm simply sharing my thoughts.
BITTREX:DOGEUSDLong
by bwymore
5
Dogecoin price rolls past $0.4 as trading debuts on Coinbase ProDogecoin has since mid-this week spiked incredibly, allowing bulls to regain some of the ground lost in May's massive cryptocurrency crash. Dogecoin dropped to $0.21 before making a brief recovery, stepping above $0.4. However, it retreated and remained relatively consolidated between $0.28 and $0.35. Coinbase Pro adding support for trading DOGE was a breath of fresh air to the popular meme coin. Investors welcomed the move with open arms, interpreting the event as validation of legitimacy. Moreover, some investors believe that Dogecoin could start being accepted as payment on many platforms, encouraging mainstream adoption. Investors started depositing DOGE to Coinbase Pro addresses on June 1, but trading will commence on June 3 to allow for liquidity building. Several crypto and fiat pairs are available for buying and selling the meme coin. Dogecoin settles above key technical levels Following the upswing triggered by the listing news, Dogecoin extended the bullish leg significantly above $0.3. The 100 Simple Moving Average (SMA) and the 50 SMA hurdles have been overcome, allowing the up leg to stretch past $0.4. At the time of writing, DOGE trades at $0.42 while embracing the 50 SMA as immediate support. The Moving Average Convergence Divergence (MACD) shows that the trend is in the bulls' hands. With the MACD swinging into the positive region and widening the divergence from the signal line, Dogecoin is bound to soar past the immediate hurdle at $0.45 and perhaps set the pace for gains eyeing $0.6. Dogecoin intraday levels Spot rate: $0.42 Trend: Bullish Volatility: Low Support: $the 50 SMA and $0.35 Resistance: $0.45 and $0.6
BINANCE:DOGEUSDLong
by CoinGape
XRP and DOGE too similar to ignore Xrp and DOGE have followed each other in terms of percent gain from lows to highs, time frame, and pattern. When Doge was at the same place on the chart as Xrp is now, it had a leg up 540% afterwards. If Xrp follows the same gains like always, a 540% gain will bring XRP to exactly $10. There is then a 50% pullback, before breaching 800% from Doges previous high. Xrp will be at $100 from a 800% pump from previous high. In the past, when Doge broke its 3 year downtrend, it pumped around 800% from the bear markets bottom to the top resistance. Xrp has made the same percentage of gains from the bottom of the 3 year bear market till now, handing around one of our last big zones to break. It took DOGE 147 days from breakout candle to top resistance high at .013. XRP is currently at its 147 day mark since breaking out of downtrend. It took Doge two weeks to pump the 540%. So in simpler terms, Xrp next stop $10, then $100. This is based solely on technical analysis and the fact that XRP has followed Doges moves and same percent gains in the past. Let the charts continue to show the future, its all you need.
BITTREX:DOGEUSDLong
by Spiritualbeing11
2