DogecoinDay
462,698 views
247 Posts
Hot
Latest
Potential Trend Shift for DOGE: Key Levels and Scenarios to Watch
#doge⥠#DogecoinPotential #DogecoinDay #BinanceEverywhere #Bullish2025
1. Descending Triangle and Crucial Support Levels :
DOGE/USDT is currently locked in a descending triangle pattern, marked by lower highs, highlighting ongoing selling pressure. This pattern typically signals bearish continuation but can also precede a bullish reversal if price action shifts. The critical support level is around **$0.08500**, serving as a major pivot point. If this level holds, DOGE may attempt a bullish move. However, a break below it could trigger further decline toward the next support at **$0.06000**.
**2. Signs of a Potential Bullish Reversal:**
For DOGE to stage a bullish reversal, traders should watch for a clear break above previous lower highs or a structural change on lower timeframes. Such price action would suggest a potential rally, with the next target around **$0.18000**, offering significant upside from current levels.
**3. Breakout Scenarios:**
- **Bullish Breakout:** A break of lower highs could trigger a bullish reversal, targeting **$0.18000**.
- **Bearish Continuation:** Failing to break the structure and falling below **$0.08500** could lead to a bearish continuation toward **$0.06000**.
4. Risk Management and Trade Entry :
For long positions, traders should wait for confirmed structural changes, placing stop-losses below **$0.08500**. For short positions, a confirmed break below **$0.08500** could signal an entry, with a target near **$0.06000**.
Conclusion :
DOGE is at a pivotal point within a descending triangle, nearing a key support at **$0.08500**. Traders should observe for breakouts or structural shifts to anticipate the next major move, whether a bullish reversal or a continued bearish slide. Careful risk management is essential for either scenario.
#doge⥠#DogecoinPotential #DogecoinDay #BinanceEverywhere #Bullish2025
1. Descending Triangle and Crucial Support Levels :
DOGE/USDT is currently locked in a descending triangle pattern, marked by lower highs, highlighting ongoing selling pressure. This pattern typically signals bearish continuation but can also precede a bullish reversal if price action shifts. The critical support level is around **$0.08500**, serving as a major pivot point. If this level holds, DOGE may attempt a bullish move. However, a break below it could trigger further decline toward the next support at **$0.06000**.
**2. Signs of a Potential Bullish Reversal:**
For DOGE to stage a bullish reversal, traders should watch for a clear break above previous lower highs or a structural change on lower timeframes. Such price action would suggest a potential rally, with the next target around **$0.18000**, offering significant upside from current levels.
**3. Breakout Scenarios:**
- **Bullish Breakout:** A break of lower highs could trigger a bullish reversal, targeting **$0.18000**.
- **Bearish Continuation:** Failing to break the structure and falling below **$0.08500** could lead to a bearish continuation toward **$0.06000**.
4. Risk Management and Trade Entry :
For long positions, traders should wait for confirmed structural changes, placing stop-losses below **$0.08500**. For short positions, a confirmed break below **$0.08500** could signal an entry, with a target near **$0.06000**.
Conclusion :
DOGE is at a pivotal point within a descending triangle, nearing a key support at **$0.08500**. Traders should observe for breakouts or structural shifts to anticipate the next major move, whether a bullish reversal or a continued bearish slide. Careful risk management is essential for either scenario.
See original
Bro I have invested 500 usd in Doge coin on spot please tell me Doge is in loss now please tell me will it go up or down please tell me?#DogecoinDay
See original
#DogecoinDay looking for a correction of -10% on a weekly basis and can correct up to 28%.
If I were to bet, it would be on short Futures.
If I were to bet, it would be on short Futures.
Here some analysis of coins:
2024 is off to a staggering start in the world of altcoins, with a flood of new tokens hitting the market. This year alone, we're seeing a massive $8.6 billion in new liquid supply entering circulation, and a staggering $70.5 billion slated to be unlocked over the next few years.
One striking aspect of this surge is the low float rate, with the average market cap-to-fully diluted valuation ratio of these fresh tokens sitting at just 13.6%. In other words, a lot of value is still waiting to be unlocked.
Yet, what we're witnessing is only the beginning. The cryptocurrency space is abuzz with new projects, and the rapid growth in supply is driven by innovations in several key areas:
- **Modular infrastructure**
- **Bridges and cross-chain messaging**
- **LRTs (Liquidity Rebalancing Tokens)**
- **EigenLayer**
- **Layer 1, Layer 2, and even Layer 3 solutions**
- **Perpetual decentralized exchanges (Perp DEXes)**
To top it off, the 2023 token cohort is also unlocking this year, with many vesting periods reaching their cliffs and releasing additional supply.
If you're into altcoin investing for the mid to long term, buckle up. With so many new tokens and vast amounts of supply hitting the market, navigating this landscape will require a keen eye and a strategic approach.
Good luck!
#Megadrop #BullorBear #bitcoin #BTC #DogecoinDay $BTC $ETH $BNB
2024 is off to a staggering start in the world of altcoins, with a flood of new tokens hitting the market. This year alone, we're seeing a massive $8.6 billion in new liquid supply entering circulation, and a staggering $70.5 billion slated to be unlocked over the next few years.
One striking aspect of this surge is the low float rate, with the average market cap-to-fully diluted valuation ratio of these fresh tokens sitting at just 13.6%. In other words, a lot of value is still waiting to be unlocked.
Yet, what we're witnessing is only the beginning. The cryptocurrency space is abuzz with new projects, and the rapid growth in supply is driven by innovations in several key areas:
- **Modular infrastructure**
- **Bridges and cross-chain messaging**
- **LRTs (Liquidity Rebalancing Tokens)**
- **EigenLayer**
- **Layer 1, Layer 2, and even Layer 3 solutions**
- **Perpetual decentralized exchanges (Perp DEXes)**
To top it off, the 2023 token cohort is also unlocking this year, with many vesting periods reaching their cliffs and releasing additional supply.
If you're into altcoin investing for the mid to long term, buckle up. With so many new tokens and vast amounts of supply hitting the market, navigating this landscape will require a keen eye and a strategic approach.
Good luck!
#Megadrop #BullorBear #bitcoin #BTC #DogecoinDay $BTC $ETH $BNB
#DogecoinDay been holding to doge and i think today is the day it starts to sky-rocket.$BTC #notcoin #MemeWatch2024
#DogecoinâŹâ© buy and hold big PUMP soon
BREAK
$DOGE Whales Shake The Market With $265,000,000 Purchase đ
Can They Send $DOGE To $1.00?
âDogecoin is better suited for transactions as compared to Bitcoin" Elon Musk.
DogeCoin will pumping soonđđ
Follow For More . Thanks
#DogecoinPotential #DogecoinDay #DOGEUSD #realmabbaskhan
BREAK
$DOGE Whales Shake The Market With $265,000,000 Purchase đ
Can They Send $DOGE To $1.00?
âDogecoin is better suited for transactions as compared to Bitcoin" Elon Musk.
DogeCoin will pumping soonđđ
Follow For More . Thanks
#DogecoinPotential #DogecoinDay #DOGEUSD #realmabbaskhan
DOGECOIN una de las nuevas criptomonedas en tendencia.
What is Dogecoin?
Dogecoin is a cryptocurrency created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. The codebase of the project was a fork of Litecoin, so it inherited many of the same features such as the hashing algorithm, with the only difference being branding and large inflationary supply.
One of Dogecoin's strengths is its relaxed and fun-loving community. But like most meme coins, this is also a weakness because other currencies are seen as more professional.
History of Dogecoin
Dogecoin was created by Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia. They wanted to create a fun cryptocurrency that would appeal beyond the core Bitcoin audience.
Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
What is the utility of the DOGE token?
DOGE is primarily used as a tipping system on Reddit and Twitter, where users tip each other for creating or sharing good content. The community is very active in organizing fundraising activities for deserving causes.
Related Article: You may read this guide to start mining Dogecoin.
Where can you buy Dogecoin?
DOGE tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Dogecoin is Gate.io, where the most active trading pair DOGE/USDT has a trading volume of $27,707,454 in the last 24 hours. Other popular options include Binance and BingX.
$DOGE #DogecoinDay
What is Dogecoin?
Dogecoin is a cryptocurrency created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. The codebase of the project was a fork of Litecoin, so it inherited many of the same features such as the hashing algorithm, with the only difference being branding and large inflationary supply.
One of Dogecoin's strengths is its relaxed and fun-loving community. But like most meme coins, this is also a weakness because other currencies are seen as more professional.
History of Dogecoin
Dogecoin was created by Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia. They wanted to create a fun cryptocurrency that would appeal beyond the core Bitcoin audience.
Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
What is the utility of the DOGE token?
DOGE is primarily used as a tipping system on Reddit and Twitter, where users tip each other for creating or sharing good content. The community is very active in organizing fundraising activities for deserving causes.
Related Article: You may read this guide to start mining Dogecoin.
Where can you buy Dogecoin?
DOGE tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Dogecoin is Gate.io, where the most active trading pair DOGE/USDT has a trading volume of $27,707,454 in the last 24 hours. Other popular options include Binance and BingX.
$DOGE #DogecoinDay
#DogecoinDay #DOGELeading #DogecoinPotential
Investors Losing Faith In Cardano And Dogecoin Find New Hope In This New Presaleâs Bold Market Predictions
Dogecoin price predictions became something of a spectator sport after the popular meme coin disrupted the cryptocurrency world by delivering explosive returns to investors, finally topping out during the 2021 crypto bull run when Elon Musk appeared on SNL. Currently as of April 23, 2024 Dogecoin is being traded at $0.161, which is long way from its all-time high of $0.7376.
Launched in 2013, Dogecoin is currently ranked 8th on CoinMarketCap with a market cap of over $31 billion. The list below briefly summarizes our year-by-year Dogecoin prediction for 2024â2030.
End of 2024 -As Dogecoin follows the rest of the crypto markets upward, and the project continues to develop its Trailmap, providing more utility, we expect Dogecoin to climb above $0.25 and hit a high of $0.30.
End of 2025 â Dogecoin developers will complete, of have completed most of the new, utility-focused tech stack by 2025. This will allow merchants to easily integrate DOGE as a payment method into their business. We should also be seeing new all-time highs (ATHs) for cryptos as the impact of the 2024 Bitcoin Halving kicks it. Here we predict that Dogecoin will hit new ATHs in 2025, closing in on $0.80
Investors Losing Faith In Cardano And Dogecoin Find New Hope In This New Presaleâs Bold Market Predictions
Dogecoin price predictions became something of a spectator sport after the popular meme coin disrupted the cryptocurrency world by delivering explosive returns to investors, finally topping out during the 2021 crypto bull run when Elon Musk appeared on SNL. Currently as of April 23, 2024 Dogecoin is being traded at $0.161, which is long way from its all-time high of $0.7376.
Launched in 2013, Dogecoin is currently ranked 8th on CoinMarketCap with a market cap of over $31 billion. The list below briefly summarizes our year-by-year Dogecoin prediction for 2024â2030.
End of 2024 -As Dogecoin follows the rest of the crypto markets upward, and the project continues to develop its Trailmap, providing more utility, we expect Dogecoin to climb above $0.25 and hit a high of $0.30.
End of 2025 â Dogecoin developers will complete, of have completed most of the new, utility-focused tech stack by 2025. This will allow merchants to easily integrate DOGE as a payment method into their business. We should also be seeing new all-time highs (ATHs) for cryptos as the impact of the 2024 Bitcoin Halving kicks it. Here we predict that Dogecoin will hit new ATHs in 2025, closing in on $0.80