Binance Square
LIVE
Asif Khan JPN
@Square-Creator-70f691e103da
Following
Followers
Liked
Shared
All Content
LIVE
--
BTC NEXT FEW HOURSNote I am not your advisor (For All ) Just See My Analysis and You All Can Comment as per your opinion (Open) Currently, Bitcoin (BTC) is trading around $61,423.50. The price has shown a neutral trend, with the RSI in the 30-70 zone, indicating no immediate strong directional move. However, the moving averages on the weekly timeframe show a bullish trend, and the 50-day and 200-day moving averages are positioned as support levels. $BTC {spot}(BTCUSDT) Over the next few hours, BTC could experience slight upward movement with a potential to reach around $61,481.00 to $61,670.31 based on current momentum .#TCUptober #BTC☀ For short-term trading, consider the following levels: ‱ Support: $60,316 ‱ Resistance: $62,441 If BTC breaks above $62,441, watch for further gains toward $65,026 or higher. Use a stop-loss around $59,894 (200-day moving average) to manage downside risk . For a short-term strategy, a cautious buy around the $61,000 level with a target of $62,000+ could be viable, provided the stop-loss is well defined. Avoid large positions given the neutral RSI and recent “Three Blind Mice” pattern hinting at continued trend uncertainty .

BTC NEXT FEW HOURS

Note I am not your advisor (For All )
Just See My Analysis and You All Can Comment as per your opinion (Open)
Currently, Bitcoin (BTC) is trading around $61,423.50. The price has shown a neutral trend, with the RSI in the 30-70 zone, indicating no immediate strong directional move. However, the moving averages on the weekly timeframe show a bullish trend, and the 50-day and 200-day moving averages are positioned as support levels.
$BTC
Over the next few hours, BTC could experience slight upward movement with a potential to reach around $61,481.00 to $61,670.31 based on current momentum .#TCUptober #BTC☀
For short-term trading, consider the following levels:

‱ Support: $60,316
‱ Resistance: $62,441

If BTC breaks above $62,441, watch for further gains toward $65,026 or higher. Use a stop-loss around $59,894 (200-day moving average) to manage downside risk .
For a short-term strategy, a cautious buy around the $61,000 level with a target of $62,000+ could be viable, provided the stop-loss is well defined. Avoid large positions given the neutral RSI and recent “Three Blind Mice” pattern hinting at continued trend uncertainty .
$DOGE #DOGE Today Analysis 3rd OCT 2024 {future}(DOGEUSDT) #BTCUptober Dogecoin (DOGE) is currently trading around $0.10595 and has seen a minor decline of 2.36% over the past 7 days. Technical analysis suggests that DOGE is showing a mixed trend: while short-term indicators like moving averages and technical indicators show bullish signs, the overall sentiment for mid-term and long-term trends leans towards a more cautious outlook. Key Points: 1. Current Price Levels: DOGE is trading close to the $0.1059 level, with resistance around $0.10497 and a pivot point at $0.10326 ïżŒ. 2. Technical Indicators: Most indicators signal a strong buy, with the RSI(14) at 63.3, indicating a buying opportunity. However, caution is advised as some indicators are in the overbought zone, which could indicate potential selling pressure ïżŒ. 3. Suggested Action: Short-term traders might consider a long position due to bullish momentum, but keep a close watch on the $0.104 resistance level and exit if the price drops below $0.1025. For intraday trading, monitor the RSI and MACD for potential signs of reversal.
$DOGE #DOGE
Today Analysis 3rd OCT 2024
#BTCUptober
Dogecoin (DOGE) is currently trading around $0.10595 and has seen a minor decline of 2.36% over the past 7 days. Technical analysis suggests that DOGE is showing a mixed trend: while short-term indicators like moving averages and technical indicators show bullish signs, the overall sentiment for mid-term and long-term trends leans towards a more cautious outlook.

Key Points:

1. Current Price Levels: DOGE is trading close to the $0.1059 level, with resistance around $0.10497 and a pivot point at $0.10326 ïżŒ.
2. Technical Indicators: Most indicators signal a strong buy, with the RSI(14) at 63.3, indicating a buying opportunity. However, caution is advised as some indicators are in the overbought zone, which could indicate potential selling pressure ïżŒ.
3. Suggested Action: Short-term traders might consider a long position due to bullish momentum, but keep a close watch on the $0.104 resistance level and exit if the price drops below $0.1025.

For intraday trading, monitor the RSI and MACD for potential signs of reversal.
Cryptocurrency Market Overview ( #Dogecoin )$DOGE {spot}(DOGEUSDT) $BNB {spot}(BNBUSDT) {future}(BTCUSDT) The geopolitical climate has significantly impacted the cryptocurrency market, creating an environment of uncertainty and fluctuating investor sentiment. Recent macroeconomic factors like central bank policies, interest rate changes, and geopolitical tensions (e.g., sanctions, energy crises, and war) have influenced capital flows into and out of digital assets. Cryptocurrencies, often viewed as speculative assets, tend to respond negatively to such uncertainty, as investors pivot towards safer havens like the US dollar or gold. Dogecoin Technical Analysis ‱ Bearish Indicators: ‱ Price Action: Dogecoin has been in a consolidation phase, trending downwards after reaching local highs earlier in the year. The price is currently trading below key moving averages (50-day and 200-day), suggesting a bearish bias. ‱ Volume: Diminished trading volume indicates low investor participation, often a bearish signal as it suggests limited momentum for upward movement. ‱ Support and Resistance Levels: There is strong resistance around the $0.07 mark, and if the current support at $0.06 is broken, it could lead to further downside towards $0.05. #DogecoinCommunity #TCUptober ‱ Bullish Indicators: ‱ Relative Strength Index (RSI): The RSI is nearing oversold levels, hinting at a potential bounce or reversal in the short term. ‱ Market Sentiment: Any positive news or endorsement from influential figures (e.g., Elon Musk) could act as a catalyst for a price spike, given Dogecoin’s history of responding to social media sentiment. Dogecoin Fundamental Analysis ‱ Adoption and Use Cases: While Dogecoin lacks the robust utility of other major cryptocurrencies, it remains popular for micro-transactions and tipping, particularly on social media platforms. Any partnership or integration announcements could boost its fundamental value. ‱ Investor Sentiment: Dogecoin’s price movements are highly influenced by social media and community sentiment. Currently, interest seems lukewarm, but a renewed surge in enthusiasm could shift market dynamics quickly. Conclusion Overall, the technical outlook for Dogecoin is currently bearish due to weak price action and lack of volume. However, given its volatile nature and potential for social-driven pumps, a short-term bullish reversal is possible if it finds support and receives renewed attention. Fundamental value remains tied to its community and potential speculative news, making it a high-risk asset in the current geopolitical landscape.

Cryptocurrency Market Overview ( #Dogecoin )

$DOGE
$BNB
The geopolitical climate has significantly impacted the cryptocurrency market, creating an environment of uncertainty and fluctuating investor sentiment. Recent macroeconomic factors like central bank policies, interest rate changes, and geopolitical tensions (e.g., sanctions, energy crises, and war) have influenced capital flows into and out of digital assets. Cryptocurrencies, often viewed as speculative assets, tend to respond negatively to such uncertainty, as investors pivot towards safer havens like the US dollar or gold.

Dogecoin Technical Analysis

‱ Bearish Indicators:

‱ Price Action: Dogecoin has been in a consolidation phase, trending downwards after reaching local highs earlier in the year. The price is currently trading below key moving averages (50-day and 200-day), suggesting a bearish bias.
‱ Volume: Diminished trading volume indicates low investor participation, often a bearish signal as it suggests limited momentum for upward movement.

‱ Support and Resistance Levels: There is strong resistance around the $0.07 mark, and if the current support at $0.06 is broken, it could lead to further downside towards $0.05.
#DogecoinCommunity
#TCUptober
‱ Bullish Indicators:
‱ Relative Strength Index (RSI): The RSI is nearing oversold levels, hinting at a potential bounce or reversal in the short term.
‱ Market Sentiment: Any positive news or endorsement from influential figures (e.g., Elon Musk) could act as a catalyst for a price spike, given Dogecoin’s history of responding to social media sentiment.
Dogecoin Fundamental Analysis
‱ Adoption and Use Cases: While Dogecoin lacks the robust utility of other major cryptocurrencies, it remains popular for micro-transactions and tipping, particularly on social media platforms. Any partnership or integration announcements could boost its fundamental value.
‱ Investor Sentiment: Dogecoin’s price movements are highly influenced by social media and community sentiment. Currently, interest seems lukewarm, but a renewed surge in enthusiasm could shift market dynamics quickly.

Conclusion
Overall, the technical outlook for Dogecoin is currently bearish due to weak price action and lack of volume. However, given its volatile nature and potential for social-driven pumps, a short-term bullish reversal is possible if it finds support and receives renewed attention. Fundamental value remains tied to its community and potential speculative news, making it a high-risk asset in the current geopolitical landscape.
Cryptocurrency Market Overview$BTC $DOGE The geopolitical climate has significantly impacted the cryptocurrency market, creating an environment of uncertainty and fluctuating investor sentiment. Recent macroeconomic factors like central bank policies, interest rate changes, and geopolitical tensions (e.g., sanctions, energy crises, and war) have influenced capital flows into and out of digital assets. Cryptocurrencies, often viewed as speculative assets, tend to respond negatively to such uncertainty, as investors pivot towards safer havens like the US dollar or gold. {future}(BNBUSDT) {future}(BTCUSDT) {spot}(DOGEUSDT) Dogecoin Technical Analysis ‱ Bearish Indicators: ‱ Price Action: Dogecoin has been in a consolidation phase, trending downwards after reaching local highs earlier in the year. The price is currently trading below key moving averages (50-day and 200-day), suggesting a bearish bias. ‱ Volume: Diminished trading volume indicates low investor participation, often a bearish signal as it suggests limited momentum for upward movement. ‱ Support and Resistance Levels: There is strong resistance around the $0.07 mark, and if the current support at $0.06 is broken, it could lead to further downside towards $0.05. ‱ Bullish Indicators: ‱ Relative Strength Index (RSI): The RSI is nearing oversold levels, hinting at a potential bounce or reversal in the short term. ‱ Market Sentiment: Any positive news or endorsement from influential figures (e.g., Elon Musk) could act as a catalyst for a price spike, given Dogecoin’s history of responding to social media sentiment. Dogecoin Fundamental Analysis ‱ Adoption and Use Cases: While Dogecoin lacks the robust utility of other major cryptocurrencies, it remains popular for micro-transactions and tipping, particularly on social media platforms. Any partnership or integration announcements could boost its fundamental value. ‱ Investor Sentiment: Dogecoin’s price movements are highly influenced by social media and community sentiment. Currently, interest seems lukewarm, but a renewed surge in enthusiasm could shift market dynamics quickly. Conclusion Overall, the technical outlook for Dogecoin is currently bearish due to weak price action and lack of volume. However, given its volatile nature and potential for social-driven pumps, a short-term bullish reversal is possible if it finds support and receives renewed attention. Fundamental value remains tied to its community and potential speculative news, making it a high-risk asset in the current geopolitical landscape.

Cryptocurrency Market Overview

$BTC $DOGE
The geopolitical climate has significantly impacted the cryptocurrency market, creating an environment of uncertainty and fluctuating investor sentiment. Recent macroeconomic factors like central bank policies, interest rate changes, and geopolitical tensions (e.g., sanctions, energy crises, and war) have influenced capital flows into and out of digital assets. Cryptocurrencies, often viewed as speculative assets, tend to respond negatively to such uncertainty, as investors pivot towards safer havens like the US dollar or gold.

Dogecoin Technical Analysis
‱ Bearish Indicators:
‱ Price Action: Dogecoin has been in a consolidation phase, trending downwards after reaching local highs earlier in the year. The price is currently trading below key moving averages (50-day and 200-day), suggesting a bearish bias.
‱ Volume: Diminished trading volume indicates low investor participation, often a bearish signal as it suggests limited momentum for upward movement.
‱ Support and Resistance Levels: There is strong resistance around the $0.07 mark, and if the current support at $0.06 is broken, it could lead to further downside towards $0.05.
‱ Bullish Indicators:
‱ Relative Strength Index (RSI): The RSI is nearing oversold levels, hinting at a potential bounce or reversal in the short term.
‱ Market Sentiment: Any positive news or endorsement from influential figures (e.g., Elon Musk) could act as a catalyst for a price spike, given Dogecoin’s history of responding to social media sentiment.
Dogecoin Fundamental Analysis
‱ Adoption and Use Cases: While Dogecoin lacks the robust utility of other major cryptocurrencies, it remains popular for micro-transactions and tipping, particularly on social media platforms. Any partnership or integration announcements could boost its fundamental value.
‱ Investor Sentiment: Dogecoin’s price movements are highly influenced by social media and community sentiment. Currently, interest seems lukewarm, but a renewed surge in enthusiasm could shift market dynamics quickly.
Conclusion
Overall, the technical outlook for Dogecoin is currently bearish due to weak price action and lack of volume. However, given its volatile nature and potential for social-driven pumps, a short-term bullish reversal is possible if it finds support and receives renewed attention. Fundamental value remains tied to its community and potential speculative news, making it a high-risk asset in the current geopolitical landscape.
$DOGE Current Technical Analysis and Market Overview for Dogecoin (DOGE) $BTC $DOGE Price and Market Context: Dogecoin is currently trading at $0.1063 and has seen a decline of approximately 0.57% over the past 24 hours. Over the past week, it has decreased by about 3.18%, but over the month, it has increased by 11.81%. Its market capitalization stands at $15.54 billion, with a 24-hour trading volume of $1.33 billion ïżŒ. Support and Resistance Levels According to recent analysis, Dogecoin’s support and resistance levels are as follows ïżŒ: ‱ Support Levels: ‱ S1: $0.1029 ‱ S2: $0.1022 ‱ S3: $0.1018 ‱ Resistance Levels: ‱ R1: $0.1039 ‱ R2: $0.1043 ‱ R3: $0.1049 Moving Averages and Technical Indicators: The moving averages indicate a mixed signal: ‱ The MA50 (50-day moving average) is currently at $0.1021, suggesting a buy signal. ‱ The MA200 is around $0.1036, providing a sell signal, showing some uncertainty and potential bearish pressure. Overall, technical indicators are largely positive: ‱ RSI (Relative Strength Index): 61.936 – indicates a buy. ‱ MACD (Moving Average Convergence Divergence): Bullish crossover, showing upward momentum. ‱ ATR (Average True Range): Low volatility, as reflected in the ATR value of 0.0007. ‱ CCI (Commodity Channel Index): Indicates overbought conditions, suggesting some caution ïżŒ. Summary: The general sentiment for Dogecoin is currently mixed. The moving averages and RSI suggest bullish momentum in the short term, but longer-term indicators, such as the 200-day MA, point to potential resistance. Traders should watch for a potential RSI reset and be cautious due to signs of overbought conditions.
$DOGE Current Technical Analysis and Market Overview for Dogecoin (DOGE)
$BTC $DOGE

Price and Market Context:
Dogecoin is currently trading at $0.1063 and has seen a decline of approximately 0.57% over the past 24 hours. Over the past week, it has decreased by about 3.18%, but over the month, it has increased by 11.81%. Its market capitalization stands at $15.54 billion, with a 24-hour trading volume of $1.33 billion ïżŒ.

Support and Resistance Levels
According to recent analysis, Dogecoin’s support and resistance levels are as follows ïżŒ:

‱ Support Levels:
‱ S1: $0.1029
‱ S2: $0.1022
‱ S3: $0.1018
‱ Resistance Levels:
‱ R1: $0.1039
‱ R2: $0.1043
‱ R3: $0.1049

Moving Averages and Technical Indicators:
The moving averages indicate a mixed signal:

‱ The MA50 (50-day moving average) is currently at $0.1021, suggesting a buy signal.
‱ The MA200 is around $0.1036, providing a sell signal, showing some uncertainty and potential bearish pressure.

Overall, technical indicators are largely positive:

‱ RSI (Relative Strength Index): 61.936 – indicates a buy.
‱ MACD (Moving Average Convergence Divergence): Bullish crossover, showing upward momentum.
‱ ATR (Average True Range): Low volatility, as reflected in the ATR value of 0.0007.
‱ CCI (Commodity Channel Index): Indicates overbought conditions, suggesting some caution ïżŒ.

Summary:
The general sentiment for Dogecoin is currently mixed. The moving averages and RSI suggest bullish momentum in the short term, but longer-term indicators, such as the 200-day MA, point to potential resistance. Traders should watch for a potential RSI reset and be cautious due to signs of overbought conditions.
$DOGE Current Technical Analysis and Market Overview for Dogecoin (DOGE) $BTC $DOGE Price and Market Context: Dogecoin is currently trading at $0.1063 and has seen a decline of approximately 0.57% over the past 24 hours. Over the past week, it has decreased by about 3.18%, but over the month, it has increased by 11.81%. Its market capitalization stands at $15.54 billion, with a 24-hour trading volume of $1.33 billion ïżŒ. Support and Resistance Levels According to recent analysis, Dogecoin’s support and resistance levels are as follows ïżŒ: ‱ Support Levels: ‱ S1: $0.1029 ‱ S2: $0.1022 ‱ S3: $0.1018 ‱ Resistance Levels: ‱ R1: $0.1039 ‱ R2: $0.1043 ‱ R3: $0.1049 Moving Averages and Technical Indicators: The moving averages indicate a mixed signal: ‱ The MA50 (50-day moving average) is currently at $0.1021, suggesting a buy signal. ‱ The MA200 is around $0.1036, providing a sell signal, showing some uncertainty and potential bearish pressure. Overall, technical indicators are largely positive: ‱ RSI (Relative Strength Index): 61.936 – indicates a buy. ‱ MACD (Moving Average Convergence Divergence): Bullish crossover, showing upward momentum. ‱ ATR (Average True Range): Low volatility, as reflected in the ATR value of 0.0007. ‱ CCI (Commodity Channel Index): Indicates overbought conditions, suggesting some caution ïżŒ. Summary: The general sentiment for Dogecoin is currently mixed. The moving averages and RSI suggest bullish momentum in the short term, but longer-term indicators, such as the 200-day MA, point to potential resistance. Traders should watch for a potential RSI reset and be cautious due to signs of overbought conditions.
$DOGE Current Technical Analysis and Market Overview for Dogecoin (DOGE)
$BTC $DOGE

Price and Market Context:
Dogecoin is currently trading at $0.1063 and has seen a decline of approximately 0.57% over the past 24 hours. Over the past week, it has decreased by about 3.18%, but over the month, it has increased by 11.81%. Its market capitalization stands at $15.54 billion, with a 24-hour trading volume of $1.33 billion ïżŒ.

Support and Resistance Levels
According to recent analysis, Dogecoin’s support and resistance levels are as follows ïżŒ:

‱ Support Levels:
‱ S1: $0.1029
‱ S2: $0.1022
‱ S3: $0.1018
‱ Resistance Levels:
‱ R1: $0.1039
‱ R2: $0.1043
‱ R3: $0.1049

Moving Averages and Technical Indicators:
The moving averages indicate a mixed signal:

‱ The MA50 (50-day moving average) is currently at $0.1021, suggesting a buy signal.
‱ The MA200 is around $0.1036, providing a sell signal, showing some uncertainty and potential bearish pressure.

Overall, technical indicators are largely positive:

‱ RSI (Relative Strength Index): 61.936 – indicates a buy.
‱ MACD (Moving Average Convergence Divergence): Bullish crossover, showing upward momentum.
‱ ATR (Average True Range): Low volatility, as reflected in the ATR value of 0.0007.
‱ CCI (Commodity Channel Index): Indicates overbought conditions, suggesting some caution ïżŒ.

Summary:
The general sentiment for Dogecoin is currently mixed. The moving averages and RSI suggest bullish momentum in the short term, but longer-term indicators, such as the 200-day MA, point to potential resistance. Traders should watch for a potential RSI reset and be cautious due to signs of overbought conditions.
$DOGE Technical Indicators {spot}(DOGEUSDT) {spot}(BTCUSDT) Dogecoin’s 14-day RSI is at 41.91, indicating a bearish trend. The price is trading below all major moving averages on the daily chart, and the Bollinger Bands show an upper band at $0.1259 and a lower band at $0.0938. This suggests the potential for a rally if the price can break past its current SMA level of $0.1099 ïżŒ$BTC $DOGE On-Chain Metrics and Investor Sentiment Despite the recent downtrend, on-chain metrics reveal positive investor sentiment. Large transactions have increased, and the number of addresses holding between 1 million and 10 million DOGE has risen, indicating accumulation. Additionally, a considerable buy interest is observed at the $0.10 level, suggesting that any dip below $0.10 might be short-lived as strong buying pressure could push prices back up ïżŒ. Forecast and Long-term Outlook In 2024, Dogecoin’s price is predicted to range between $0.10 to $0.16, with an average price around $0.13. If the bullish trend continues, Dogecoin could potentially reach $0.24 by the end of the year. Long-term forecasts suggest that the price could go as high as $1.91 by the end of 2025 if the market conditions are favourable Final Thoughts Dogecoin is at a critical junction. Holding the $0.0974 support level is crucial for preventing a further decline. Investors should watch for a breakout above $0.1146 as a signal for potential upward momentum. However, caution is advised given the volatility and the bearish signals from technical indicators.
$DOGE
Technical Indicators


Dogecoin’s 14-day RSI is at 41.91, indicating a bearish trend. The price is trading below all major moving averages on the daily chart, and the Bollinger Bands show an upper band at $0.1259 and a lower band at $0.0938. This suggests the potential for a rally if the price can break past its current SMA level of $0.1099 ïżŒ$BTC $DOGE

On-Chain Metrics and Investor Sentiment

Despite the recent downtrend, on-chain metrics reveal positive investor sentiment. Large transactions have increased, and the number of addresses holding between 1 million and 10 million DOGE has risen, indicating accumulation. Additionally, a considerable buy interest is observed at the $0.10 level, suggesting that any dip below $0.10 might be short-lived as strong buying pressure could push prices back up ïżŒ.

Forecast and Long-term Outlook

In 2024, Dogecoin’s price is predicted to range between $0.10 to $0.16, with an average price around $0.13. If the bullish trend continues, Dogecoin could potentially reach $0.24 by the end of the year. Long-term forecasts suggest that the price could go as high as $1.91 by the end of 2025 if the market conditions are favourable

Final Thoughts

Dogecoin is at a critical junction. Holding the $0.0974 support level is crucial for preventing a further decline. Investors should watch for a breakout above $0.1146 as a signal for potential upward momentum. However, caution is advised given the volatility and the bearish signals from technical indicators.
DOGE COIN$DOGE Note I am Not working as advisor or as Expertise Just do your own research for you practicality As of October 2024, Dogecoin is showing mixed signals with key support and resistance levels playing a crucial role in determining its direction. $BTC $DOGE {future}(DOGEUSDT) {spot}(BTCUSDT) Current Price and Technical Analysis Dogecoin is currently trading around $0.11. The key support level to watch is at $0.0974. If the price falls below this, further declines towards $0.091 or even lower are possible. On the upside, the first major resistance is at $0.1146, and a sustained move above this could lead to a breakout towards $0.1388. Successfully surpassing this zone could see the price surge to around $0.15 ïżŒ. Technical Indicators Dogecoin’s 14-day RSI is at 41.91, indicating a bearish trend. The price is trading below all major moving averages on the daily chart, and the Bollinger Bands show an upper band at $0.1259 and a lower band at $0.0938. This suggests the potential for a rally if the price can break past its current SMA level of $0.1099 ïżŒ On-Chain Metrics and Investor Sentiment Despite the recent downtrend, on-chain metrics reveal positive investor sentiment. Large transactions have increased, and the number of addresses holding between 1 million and 10 million DOGE has risen, indicating accumulation. Additionally, a considerable buy interest is observed at the $0.10 level, suggesting that any dip below $0.10 might be short-lived as strong buying pressure could push prices back up ïżŒ. Forecast and Long-term Outlook In 2024, Dogecoin’s price is predicted to range between $0.10 to $0.16, with an average price around $0.13. If the bullish trend continues, Dogecoin could potentially reach $0.24 by the end of the year. Long-term forecasts suggest that the price could go as high as $1.91 by the end of 2025 if the market conditions are favourable Final Thoughts Dogecoin is at a critical junction. Holding the $0.0974 support level is crucial for preventing a further decline. Investors should watch for a breakout above $0.1146 as a signal for potential upward momentum. However, caution is advised given the volatility and the bearish signals from technical indicators.

DOGE COIN

$DOGE Note
I am Not working as advisor or as Expertise
Just do your own research for you practicality
As of October 2024, Dogecoin is showing mixed signals with key support and resistance levels playing a crucial role in determining its direction.
$BTC $DOGE
Current Price and Technical Analysis
Dogecoin is currently trading around $0.11. The key support level to watch is at $0.0974. If the price falls below this, further declines towards $0.091 or even lower are possible. On the upside, the first major resistance is at $0.1146, and a sustained move above this could lead to a breakout towards $0.1388. Successfully surpassing this zone could see the price surge to around $0.15 ïżŒ.
Technical Indicators
Dogecoin’s 14-day RSI is at 41.91, indicating a bearish trend. The price is trading below all major moving averages on the daily chart, and the Bollinger Bands show an upper band at $0.1259 and a lower band at $0.0938. This suggests the potential for a rally if the price can break past its current SMA level of $0.1099 ïżŒ
On-Chain Metrics and Investor Sentiment
Despite the recent downtrend, on-chain metrics reveal positive investor sentiment. Large transactions have increased, and the number of addresses holding between 1 million and 10 million DOGE has risen, indicating accumulation. Additionally, a considerable buy interest is observed at the $0.10 level, suggesting that any dip below $0.10 might be short-lived as strong buying pressure could push prices back up ïżŒ.

Forecast and Long-term Outlook
In 2024, Dogecoin’s price is predicted to range between $0.10 to $0.16, with an average price around $0.13. If the bullish trend continues, Dogecoin could potentially reach $0.24 by the end of the year. Long-term forecasts suggest that the price could go as high as $1.91 by the end of 2025 if the market conditions are favourable
Final Thoughts
Dogecoin is at a critical junction. Holding the $0.0974 support level is crucial for preventing a further decline. Investors should watch for a breakout above $0.1146 as a signal for potential upward momentum. However, caution is advised given the volatility and the bearish signals from technical indicators.
$DOGE Short-Term Price Prediction: In the short term, Dogecoin is predicted to remain in a range-bound state. It’s expected to fluctuate between $0.097 and $0.114, with potential drops if it fails to hold key support. The coin may experience short-term rallies if it breaks the $0.106 resistance, but risks are still present. Bullish Scenario: {future}(DOGEUSDT) {spot}(BNBUSDT) {future}(BTCUSDT) If Dogecoin can maintain its current support levels and break through its immediate resistance, it could see a 50% surge, potentially reaching $0.15. Further accumulation and positive sentiment among larger investors reinforce this bullish outlook. Bearish Scenario: If Dogecoin fails to hold the $0.097 support level, it could experience a drop to as low as $0.08. The market remains fragile, and any break below critical levels could lead to further decline. Conclusion: Dogecoin is at a critical juncture. While the technicals and on-chain data show potential for a bullish breakout, the market remains cautious, with bearish risks still present. A decisive move above resistance or below support in the coming weeks will likely determine the next major trend for DOGE.#BTCUptober
$DOGE Short-Term Price Prediction:

In the short term, Dogecoin is predicted to remain in a range-bound state. It’s expected to fluctuate between $0.097 and $0.114, with potential drops if it fails to hold key support. The coin may experience short-term rallies if it breaks the $0.106 resistance, but risks are still present.

Bullish Scenario:

If Dogecoin can maintain its current support levels and break through its immediate resistance, it could see a 50% surge, potentially reaching $0.15. Further accumulation and positive sentiment among larger investors reinforce this bullish outlook.

Bearish Scenario:

If Dogecoin fails to hold the $0.097 support level, it could experience a drop to as low as $0.08. The market remains fragile, and any break below critical levels could lead to further decline.

Conclusion:

Dogecoin is at a critical juncture. While the technicals and on-chain data show potential for a bullish breakout, the market remains cautious, with bearish risks still present. A decisive move above resistance or below support in the coming weeks will likely determine the next major trend for DOGE.#BTCUptober
Bearish
67%
Bullish
33%
24 votes ‱ Voting closed
Will $MATIC be automatically converted to $POL? Yes, $MATIC will be automatically converted to $POL on Binance. 1. *Conversion Rate*: 1 $MATIC = 1 $POL 2. *Removal of $MATIC*: All $MATIC trading pairs will be removed from Binance on September 10, 2024, at 3:00 UTC. 3. *Halting of Deposits and Withdrawals*: Deposits and withdrawals of $MATIC will be paused starting September 10, 2024, at 3:30 UTC. 4. *Introduction of $POL*: New $POL trading pairs will be available on September 13, 2024, at 10:00 UTC. #MATIC #POL #BINANCE
Will $MATIC be automatically converted to $POL?

Yes, $MATIC will be automatically converted to $POL on Binance.

1. *Conversion Rate*: 1 $MATIC = 1 $POL
2. *Removal of $MATIC*: All $MATIC trading pairs will be removed from Binance on September 10, 2024, at 3:00 UTC.
3. *Halting of Deposits and Withdrawals*: Deposits and withdrawals of $MATIC will be paused starting September 10, 2024, at 3:30 UTC.
4. *Introduction of $POL*: New $POL trading pairs will be available on September 13, 2024, at 10:00 UTC.
#MATIC #POL
#BINANCE
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here! #ETHER #LTC #BNB #ETHER "Hi Everyone and Assalam o Alaikum to all Muslims. Can anyone please answer this question with a proper explanation? If I hold onto a coin during a market downturn and its value decreases, is it possible for it to regain its original value once the market becomes bullish again? Can I expect the coin to recover its value after a prolonged bearish period? Thanks in advance!"
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
#ETHER #LTC #BNB #ETHER

"Hi Everyone and Assalam o Alaikum to all Muslims. Can anyone please answer this question with a proper explanation?

If I hold onto a coin during a market downturn and its value decreases, is it possible for it to regain its original value once the market becomes bullish again? Can I expect the coin to recover its value after a prolonged bearish period?

Thanks in advance!"
Explore the latest crypto news
âšĄïž Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

avatar
Crypto News Terminal
View More
Sitemap
Cookie Preferences
Platform T&Cs