Dogelong
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
Doge coin analysis Update (Go Long)Doge coin is in a long term rising channel.
it seems that the correction is fifnished, it brokes the short term falling channel and after retest it grow.
We also have good news, it is listed on Coinbase Pro exchange.
Look at the chart and buy it acording that.
Good luck.
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.
Doge to $1.7Pretty funny to watch Elon tweet right at major resistance, this guy has a trader helping him manipulate it but I don't care as long as it gets to my target, buckle up going be to fun here soon. I called for $2 Doge in January at .009 and I'm sticking to it, resistance is at $1.7 so we gotta be careful up there but I think it might wick above to $2.
ADAUSDT AnalysisHere Is a Difficult Situation And We Have Two Support Level
First Support At = 0.30
Second Support At = 0.18
If First Support 0.30 Breaks Then Its Mean It's Going Down At Second Support Level 0.18 Or If First Support Level 0.30 Not Breaks Then It Going Again To The Moon. Follow Me And Like My Trading Analysis And Mention Your Comments Below I will Reply. If There Is Any changes Then I can Update My Idea.
DOGE - To A Dollar & Beyond!!!Analysis:
- Fibonacci Retracement
- Support & Resistance
- Trendline Analysis
Inflection Point: $0.4742
Target 1: $.0.8584
Target 2: $1.0216
Opinion:
I believe our good boy DOGE is gearing up to explode past $1
I hope you are buying this dip
Accumulate Accumulate Accumulate
$DOGE Price prediction to $1The prediction to $1 USD.
The red label at the top shows USD $1, because the chart is in EUR.
Most people see and look at USD charts, so they will trade on that.
The prediction is based on previous bull run, with a range.
Sorry it's messy, but I tried to put in more info.
Price action won't be identical, and if you trade watch out.
Only noticed that the overlaid historic price goes to $1 USD.
And please for god price out before the top, don't wait for $1 USD.
Bullish scenario for rapid evolving DogeDoge fell out the ascending parallel, but had a coordinated jump from the descending wedge, after Elon's tweet, at the right time, as a break out from the yellow descending parallel.
There is a scenario where Doge could take more time to recover, but normally in an end-phase, there is mostly a fast manifesting 5 impulse wave up.
This is invalidated if we would have consolidation as a smaller descending wedge now outside the break out of the larger yellow wedge.
If we'd make it to 1 usd, we have to get much more volume, as seen below.. after a decreasing volume we should have a massive break out, seen in previous run up.. only faster.
This is the people's coin, so make it work !
ONly downside is bitcoin again of-course, making it possible to continue a downtrend within a larger H&S formation..
Though we see that Bitcoin's dominance is still insanely decreasing, and certainly after we know or just have heard that Bitcoin is actually not the right currency for future payments.
Altcoins should indeed behave individually without external influence like the stockmarket or bitcoin.