Dogecoin (DOGE) And Shiba Inu (SHIB) Investors Flock To Raffle Coin (RAFF) For Its Significant Opportunity Amid Ethereum's Correction

Dogecoin (DOGE): Riding The Recovery Wave
Dogecoin (DOGE), which is referred to as the "meme coin," had started the week with massive losses of 17.16% on 18-19 March. The cryptocurrency quickly turned the tide after the prices hit lows of $0.13 and started to return above the psychological price level of $0.15. Despite the following market corrections, Dogecoin (DOGE) managed to sustain its trajectory to the upside, piercing through major resistance levels and really reflecting its attractiveness despite the increased volatility. It further built confidence with investors around our decision to bring Dogecoin (DOGE) futures trading to Coinbase, further signaling optimism for the asset's future.

Shiba Inu (SHIB): Gaining Momentum
Meanwhile, Shiba Inu (SHIB) saw a surge from the previous declines. On the other hand, Shiba Inu (SHIB) prices surged by 9% over a week and several were breached with key resistance levels that probably would have painted a different picture for traders. Now, with the momentum building up and the market conditions favorable, analysts are calling for a big rally. The implementation of the burning program and developments in the Shibarium blockchain solution have further fueled the bullishness of the Shiba Inu (SHIB).

Raffle Coin (RAFF): An Alluring Opportunity
Raffle Coin (RAFF) is a standout among the fluctuating world of cryptocurrencies. Raffle Coin (RAFF) will represent something new in the sphere of online raffles, using blockchain technology and offering enhanced security, transparency and decentralized governance. This innovative model resonates with users looking for real-world utility and engaging experiences in the crypto space. Moreover, Raffle Coin (RAFF) offers a range of enticing features designed to attract and retain users.

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Dogecoin (DOGE) Parabolic 28% Rally Hits Bricks, What Comes Next.

Dogecoin's (DOGE) price is undergoing a major cool-off after printing a bearish close on March 29 on the daily chart. This drawdown comes after the meme coin recorded a massive upsurge of 28% in the trailing seven-day period. At the time of writing, Dogecoin is down by 1.33% in the past 24 hours to $0.211.

Though the parabolic 28% surge of the past week has hit a brick wall at this time, the price and network growth trend of DOGE for the better part of the month showcases what to expect in both the short and long term. Dogecoin started the month on a bullish note with a price of $0.1164. From March 1 through March 4, the coin recorded successive green daily candles but suffered a steep correction on March 5.

This correction extended until March 19, from which a bullish reversal was recorded. At this point, the price jumped from $0.12368 to a monthly high of $0.22847 as of March 27. This erratic movement shows that the price of Dogecoin is dynamic and might wriggle out of the current drawdown.

The daily charts show an ongoing bull-bear war, one that might be decided by the broader trend in the industry.

Dogecoin stiff resistance to watch.

Besides the general market outlook and whale actions, data from the crypto analytics platform IntoTheBlock (ITB) has showcased the major resistance point for the DOGE price.

With the 88.98% jump in the addresses in profit coming in at 5.52 million addresses, the data posits that a total of 6.47 billion DOGE serves as a barrier to watch.

A total of 573,840 addresses have a stake at this point and current charts show this is the last major barrier to set Dogecoin on its way toward retesting its all-time high (ATH) price of $0.7376.

In the realm of cryptocurrency, Elon Musk's X Payments venture is stirring up excitement, especially among #doge coin enthusiasts. 🚀🧩💠

With approvals secured in 22 U.S. states, speculation is rife that Musk might integrate DOGE into his projects, given his affinity for the meme-inspired currency.🎁💠☄️

Indeed, DOGE's value has been on the rise, hinting at a potential climb beyond its current standing. Over the past month, it has demonstrated impressive growth, outshining many of its counterparts in the market.🎁💠✌🏼

What's more, the ongoing legal woes facing another cryptocurrency have inadvertently provided fertile ground for DOGE's ascent. While DOGE often dances to the tune of Bitcoin's movements, it exhibits a unique rhythm, occasionally veering away from the Bitcoin trajectory.🎁☄️👍🏼

Experts are optimistic about DOGE's future, foreseeing further appreciation in its value. However, cautionary whispers urge investors to refrain from premature selling, given the currency's unpredictable nature.✌🏼🎁💠

As the crypto landscape unfolds, all eyes are on DOGE, eagerly awaiting its next move. Will it surpass its competitors and solidify its position in the market? Only time will tell.

#HotTrends 🚀📈#BNBChain #BOME #ID

DOGE brief price analysis amidst market recovery

(note: the post contains data by Cointelegraph)

The bears sold Dogecoin’s DOGE recovery attempts on March 17 and pulled the price back below the 20-day EMA ($0.15) on March 18.

The selling continued on March 19, and the DOGE/USDT pair plunged to the strong support at $0.12 on March 20. Buyers are expected to guard the 50-day SMA ($0.11), but they may find it difficult to propel the price above $0.16.

The 20-day EMA has started to turn down, and the RSI is just below the midpoint, suggesting that bears have a slight edge. The bulls will be back in command on a break above $0.16. That could clear the path for a rally to $0.19.

#DOGE #DOGE🔥🔥 #HotTrends

$DOGE

Dogecoin Price Holds Crucial Support But Can DOGE Clear This Hurdle?

Dogecoin is recovering higher from $0.1220 against the US Dollar. DOGE must clear the $0.1650 resistance to start another increase toward $0.200.

DOGE declined heavily and tested the $0.1220 support against the US dollar.
The price is trading below the $0.1650 level and the 100 simple moving average (4 hours).
There was a break above a key bearish trend line with resistance at $0.1310 on the 4-hour chart of the DOGE/USD pair (data source from Kraken).
The price could gain bullish momentum if it clears the $0.1600 and $0.1650 resistance

Dogecoin Price Recovers Over 15%
After a strong decline, Dogecoin price found support near the $0.1220 zone. A low was formed at $0.1228 and DOGE recently started a decent recovery wave, like Bitcoin and Ethereum.

There was a steady increase above the $0.1320 and $0.1350 resistance levels. The price cleared the 23.6% Fib retracement level of the downward move from the $0.1927 swing high to the $0.1228 low. There was also a break above a key bearish trend line with resistance at $0.1310 on the 4-hour chart of the DOGE/USD pair.

Dogecoin is still trading below the $0.160 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.1580 level or the 50% Fib retracement level of the downward move from the $0.1927 swing high to the $0.1228 low.
$DOGE
#HotTrends #DOGEUSDT!