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Dogeusdt

✴️ Dogecoin | Can There Be More?When I thought about Dogecoin my first thought was, "Will I have anything to write?" I've written so much about this pair/chart that as you can see/read, I wonder... Yes of course, there is more... Let's just look at the chart! The RSI and MACD just look way too good but I've mentioned these indicators many times in other trade ideas and so we are ignoring those, let's focus on the candles. The last six candles/sessions for DOGEUSDT have been green, including the current one. You can never get 6 weekly session closing green in a bear market and the proof is on the left; the chart shows no period of 6 sessions closing green as Dogecoin was going down. The bottom was hit June 2022 and this is known by the fact that no new lows appear after this date, instead we get a very strong bullish breakout, the indicators go bullish and now we have the action that I mentioned at the start... Very strong bullish consolidation. After consolidation the action resumes in the direction of the trend. The bearish trend has been broken as shown by the grey arrows. All that we have is the bullish breakout which points up. And thus the current consolidation should lead to additional growth, following up with the initial move. This is supported by the higher lows as well as everything that I've been writing about until this point. Of course, as some of our greatest analysts on TradingView would say "Nobody can predict anything", "Nobody can read anything, say anything, it is all crazy, random", "The markets are random and unpredictable"... But a genius known as A.J Frost said that markets are random only for those who do not understand them. It is my pleasure to write again for you today. I believe Dogecoin is going higher based on the chart signals. Namaste.
Long
by AlanSantana
13
Doge: The most entertaining outcome is the most likelyHave you ever wondered how the government could possibly get people to use a hated service like FedNow? Well, the answer is simple: By closing all other exits, i.e., Silvergate Bank, which was the last standing crypto bank, people will be left with no choice but to use FedNow if they want to exit to the dollar. This win-win situation will undoubtedly benefit the government in more ways than one, and it's all happening right under our noses. In light of this, Dogecoin will experience a significant surge in value in the months leading up to this launch. We anticipate that Dogecoin will reach a value of HKEX:1 by or around April 20th, 2023. This will undoubtedly excite many investors and traders in the Dogecoin community to jump in. Doge will be transferred from short-term traders to long-term holders. Dogecoin's value will continue to skyrocket until July 2023. Our calculations show that Dogecoin's value is likely to reach $4.20 by this time, and that will be the top. Why will $4.20 be the top price? Because the most entertaining outcome is the most likely
Long
by InvestingIdeas9
3
DOGE fundamental and technical sign for pump 🚀📖Hello 🐋 Based on the chart the price is close to the channel resistance and breakout of the descending channel to the upside has been completed, and there is possibility of the retest to this area ✔️ and we expect to see gain and pump from here, besides the range market is acceptable scenario too 📖💡🚀 the main point is that for any huge pump and gain, we need more new volume 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
4
✴️ Dogecoin | The Bullish Wave Is Not Over, Actually...The pump that happened early April is not the end of it, this is actually just the beginning. Market events such as this one, Mr. Musk changing Twitters logo to a Shiba Inu, is just a symptom for what is coming to the market. As the market is set to grow, more and more events will show up out of nowhere, out of the blue in support of Cryptocurrency... Things you do not expect... The light out of the dark. Expect positive news to start creeping up out of all the bad news. Expect surprises on the positive side... Not everything is bad even though the media mostly show bad news because good news headlines are not catchy, they don't sell... It is not that good events aren't happening, it is just that our attention is in the wrong place. We will switch focus now. Let's focus on the right things. ✔️ Cryptocurrency has been recovering after a major bear market in 2022. ✔️ Cryptocurrency has been green despite the worst possible environment since the start of this whole game... This is the strongest signal of all and a classic bottom signal... When negative news fail to crash the market, it means that the bears are dead while the bulls are in control. Honestly... It is time for growth. Namaste.
Long
by AlanSantana
4
DOGE: Approaching SupportDogeCoin (DOGE) technical analysis: Trade setup : Price broke back above 200-day MA and $0.090 resistance, on big volumes. Dogecoin rallied after its most famous supporter, tech billionaire Elon Musk, changed Twitter’s icon to the DOGE logo. This sharp move pushed RSI into overbought territory (RSI > 70) right as the price reached $0.10 resistance area and promptly retreated. It could find support around the 200-day MA and $0.08 key level. The closest Fibonacci level is also $0.08 (61.8%). Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $0.075 (previous resistance), then $0.055. The nearest Resistance Zone is $0.090, then $0.100, $0.115.
Long
by altFINS
DOGE - Keep an eye on this level!Here's a quick look at DOGE 1 hr. chart. It is evident that the price action has been exhibiting a trend of decreasing volatility, indicating an impending significant price movement. Therefore, it is advisable to closely monitor the price level of 0.084$ for any significant upside movement! ------------------------------------------- The idea is: Buy when the price breaks above 0.084$ and take profits at the levels shown in the chart. Targets: 1. 0.0855$ 2. 0.087$ 3. 0.0885$ 4. 0.092$ ------------------------------------------- Recent Altcoin trades: ARB / USDT: 5% profit DOGE / USDT: 20% profit XRP / USDT: 9% profit ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
by MBM_Crypto
4
DOGE fundamental and technical sign for pump 🚀📖Hello 🐋 Based on the chart the price is close to the channel resistance and breakout of the descending channel to the upside has been completed, and there is possibility of the retest to this area ✔️ and we expect to see gain and pump from here, besides the range market is acceptable scenario too 📖💡🚀 the main point is that for any huge pump and gain, we need more new volume 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
2
🐕Review of the Dogecoin(DOGE) Project🐕Hello! Today, let's review one of the ✴️cryptocurrency projects ✴️ which is the talk of the town these days, Dogecoin . Today's project name is ⚛️ Dogecoin , shown as DOGE token⚛️. As I have said before, I evaluate crypto projects based on various factors .👇 I have already introduced each of these factors with a brief explanation, so today, I will be looking at DOGE . 🔥Let’s get into it: 🔰🔰🔰🔰🔰🔰 ✅ Project Goals : Dogecoin was created in 2013 as a joke. Dogecoin's goals are centered around creating a fun😁, friendly, and inclusive cryptocurrency that anyone can easily use and access. Dogecoin is the start of what is known today as “meme coins”. One of the main aims of Dogecoin is to be a fast and low-cost alternative to other cryptocurrencies like Bitcoin, making it ideal for everyday transactions and small purchases. But the aim to be an alternative to Bitcoin was made as a joke to stop the Bitcoin maximalists from spreading toxicity in the Bitcoin community💬. This is why I have rated Dogecoin’s project goals 4/10. ✅ Founders : Dogecoin was created in 2013 by two software engineers, Billy Markus and Jackson Palmer. Markus, who had previously worked for IBM, developed the technical aspects of the cryptocurrency, while Palmer, a product manager at Adobe, came up with the idea to base it on the popular "Doge" meme featuring a Shiba Inu dog🐕. Initially created as a joke or a "fun" cryptocurrency, Dogecoin gained popularity among internet communities, especially on Reddit, and became known for its friendly and inclusive culture. Markus and Palmer both stepped away from the project in 2015, with Markus citing personal reasons and Palmer expressing concerns about the cryptocurrency industry's direction. Since then, Dogecoin has been maintained and developed by a decentralized community of supporters and developers with no official leadership or centralized authority. Therefore I have scored Dogecoin’s founders 7/10. ✅ GitHub : Dogecoin's GitHub is an open-source repository where the source code for the Dogecoin cryptocurrency is stored, managed, and updated. It is a central hub for developers and contributors to collaborate on the project and make changes to the codebase. The GitHub repository also includes various resources and documentation for developers and users, such as technical guides, FAQs, and release notes. Dogecoin's open-source nature allows for transparency and community involvement in developing and maintaining the cryptocurrency. The Dogecoin GitHub repository has more than 270 contributors with over 14,000 commits. That is why I have scored Dogecoin’s GitHub 8/10. ✅ Inflation Rate : Dogecoin has a unique inflationary monetary policy that sets it apart from other cryptocurrencies like Bitcoin. Unlike Bitcoin, which has a fixed supply of 21 million coins, Dogecoin has an unlimited supply, with 5 billion new coins added to circulation each year. The inflation rate of Dogecoin is fixed at 5.26% per year, meaning that the total supply of Dogecoin will increase by approximately 5.26% each year. This inflation rate is designed to ensure that there will always be new coins available to incentivize miners to continue verifying transactions and securing the network. I have scored Dogecoin’s inflation rate 6/10. ✅ Community : Dogecoin's community is known for its fun, friendly, and inclusive culture, which has played a significant role in the cryptocurrency's success and popularity. The community is made up of a diverse group of supporters, including investors, developers, traders, and enthusiasts, who are passionate about the currency and its mission. The Dogecoin community is highly active on social media platforms, especially Twitter and Reddit, where they often share memes, jokes, and updates about the cryptocurrency. One of the unique features of the Dogecoin community is its strong sense of humor and lightheartedness. The currency's logo features the Shiba Inu dog, which has become a popular meme on the internet, and the community often celebrates milestones with humorous memes and jokes. Also, Elon Musk is an active member of the Dogecoin community with a significant impact on the project. Since Elon Musk is an extremely influential figure, he has managed to impact Dogecoin’s price through tweets, accepting CRYPTOCAP:DOGE for the sale of certain Tesla products, and even most recently that he changed Twitter’s logo to Dogecoin’s logo for a week. Due to this, I have scored Dogecoin’s community 9/10. ✅ Whitepaper : Dogecoin does not have a formal whitepaper in the traditional sense, as it was created as a fork of Litecoin and was initially intended to be a joke or a "fun" cryptocurrency. However, the original codebase for Dogecoin is publicly available on its GitHub repository, and it provides a technical overview of the currency's features and functionality. Since the project does not have a whitepaper, I have scored it 1/10. ✅ Developers : Dogecoin's development team is largely comprised of volunteers and community members who contribute to the project on a part-time basis. The original codebase for Dogecoin was created by programmers Billy Markus and Jackson Palmer, who have since left the project. Since then, the Dogecoin development team has expanded to include several core contributors and maintainers who oversee the ongoing development and maintenance of the currency. Some of the current core contributors include Ross Nicoll, Patrick Lodder, and Max Keller, among others. The development team works closely with the broader Dogecoin community to solicit feedback, implement new features, and address any issues or bugs that arise. The team is known for its collaborative and transparent approach to development, with regular updates and discussions on social media and other online platforms. Therefore I have scored Dogecoin’s developers 7/10. ✅ Tokenomics : Dogecoin is inflationary which means it does not have a maximum total supply. Dogecoin’s tokenomics include a few key features mentioned below: Inflationary supply : Dogecoin has an inflationary monetary policy, with 5 billion new coins added to circulation each year. Fixed block rewards : Dogecoin miners receive a fixed block reward of 10,000 DOGE per block. This reward is designed to incentivize miners to continue verifying transactions and securing the network. Fast block times : Dogecoin has a fast block time of just one minute, which helps to facilitate quick transactions. But an important factor to keep in mind is that 50% of Dogecoin’s current circulating supply is held just by the top 20 wallet addresses. This makes Dogecoin extremely centralized in terms of ownership. Therefore I have scored Dogecoin’s tokenomics 4/10. ✅ Venture Capital Investors : Dogecoin is a decentralized cryptocurrency and does not have any official VC investors. As a community-driven project, Dogecoin was initially created as a fun and lighthearted fork of Litecoin and has since gained popularity and support from a diverse group of enthusiasts, investors, and traders. While Dogecoin does not have any VC investors, it has received attention from various high-profile individuals, including Elon Musk, who has been known to tweet about the cryptocurrency and show support for its community. Due to this, I have scored Dogecoin’s VC investors 5/10, even though it does not have any official investors. ✅ Competitor Comparison : Dogecoin is often compared to other meme-inspired cryptocurrencies, which have gained popularity in recent years. Here are some points of comparison between Dogecoin and some of its notable meme coin competitors: Shiba Inu (SHIB) : Shiba Inu is a meme-inspired cryptocurrency that was created in 2020. Like Dogecoin, it features a cute dog as its mascot, and it has a community-driven culture. However, Shiba Inu has a larger total supply and has faced criticism for its lack of transparency and governance. SafeMoon (SAFEMOON) : SafeMoon is a cryptocurrency that was created in 2021 and has gained a significant following in a short amount of time. It features a unique tokenomics structure that incentivizes holders to keep their coins in their wallets, which is very ponzi-like. Therefore SafeMoon has faced criticism for its lack of transparency and the potential risks associated with its tokenomics structure. Akita Inu (AKITA) : Akita Inu is a meme-inspired cryptocurrency that was created in 2021. It features a dog as its mascot, and it has gained some popularity among crypto investors. However, Akita Inu has a smaller community and less widespread adoption compared to Dogecoin. Therefore I have scored Dogecoin 9/10 compared to its competitors. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 🔔 In conclusion , Dogecoin obtained a total score of 6/10 which is average. But the important point is that Dogecoin is a meme coin after all, which means it will only have value as long as the community stays active and works for the project’s growth. The thing is, there is a high chance of people getting tired of one meme coin and moving on to a newer, more trending one. So if you are thinking of buying some DOGE, it’s best not to put in more money than you are completely comfortable with losing. Many great teams in the crypto space are working on the latest technology in order to build platforms, applications, and protocols that will increase crypto adoption and create a better experience for crypto users. Therefore, in my opinion, it’s best to invest your money in those types of projects instead of meme coins.
by pejman_zwin
4
DOGE - Keep an eye on this level! A breakout is coming! Here's a quick look at DOGE 1 hr. chart. It is evident that the price action has been exhibiting a trend of decreasing volatility, indicating an impending significant price movement. Therefore, it is advisable to closely monitor the price level of 0.084$ for any significant upside movement! ------------------------------------------- The idea is: Buy when the price breaks above 0.084$ and take profits at the levels shown in the chart. Targets: 1. 0.0855$ 2. 0.087$ 3. 0.0885$ 4. 0.092$ ------------------------------------------- Recent Altcoin trades: ARB / USDT: 5% profit DOGE / USDT: 20% profit XRP / USDT: 9% profit ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Long
by MBM_Crypto
12