If You Invested $100 In Dogecoin When Elon Musk First Tweeted About The Crypto, Here's How Much You'd Have Today Another significant moment for Dogecoin’s entry point was on July 17, 2020, marked by Musk’s tweet about the digital currency. On that fateful day, Musk shared a meme of Dogecoin passing the global financial system saying, "It's inevitable."
It's inevitable pic.twitter.com/eBKnQm6QyF — Elon Musk (@elonmusk) July 18, 2020 Dogecoin Return: Dogecoin traded at $0.002552 on April 2, 2019, around the time of Musk's first tweet mentioning Dogecoin. If you bought $100 in Dogecoin at that time, you would have 39,185 DOGE today. The value of the $100 investment would now be $3,299.38 based on a current Dogecoin price of $0.08420 at the time of writing. This represents a hypothetical return of 3,199.4% Dogecoin traded at $0.003084 on July 17, 2020, at its highest price. A $100 investment on that day could have bought 32,425 DOGE. The value of the $100 investment would have grown to $2,730.19 today. This represents a hypothetical return of 2,630.2%. Dogecoin hit an all-time high of $0.7376 in May 2021. At its peak, these $100 investments in Dogecoin based on Musk's tweets would have been worth $28,902.86 and $23,916.68 respectively Remember to like follow and tip Disclaimer: Includes third-party opinions. No financial advice. See T&Cs. DOGE $0.2 +3.26%
""This is not my personal analysis. I just do copy and paste""
The MACD line (blue line) is below the zero line. This indicates that the 12-day exponential moving average (EMA) is below the 26-day EMA, which is generally considered a bearish signal. The MACD histogram (bars below the MACD line) is also negative. This further reinforces the bearish signal. The MACD line is also trending downwards. This suggests that the downward momentum is increasing. Overall, the MACD in this chart suggests that the market is in a downtrend. GAS is neither overbought nor oversold. The RSI is currently at 56.81, which is well below the overbought threshold of 70 and above the oversold threshold of 30. The 5-day MA (blue line) is above the 10-day MA (orange line). This is a bullish signal that suggests the price is trending upwards in the short term. Both the 5-day and 10-day MAs are sloping upwards. This further reinforces the bullish signal. Overall, the moving averages suggest that the price is in an uptrend in the short term. The upper Bollinger Band (6.774) and the lower Bollinger Band (5.736) are widening. This indicates that the price is moving away from the middle Bollinger Band (6.255), which is a 21-day moving average. This widening of the bands suggests that volatility is increasing Overall, the Bollinger Bands suggest that volatility is increasing.
Note : The analysis is based on 1 day candle time frame hope you will have the clear picture... Guys dont forget to leave a tip your support will motivate me to share technical analysis for free for other coins.
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