Five Reasons Why the Dogecoin Price Should Rebound Soon
The Dogecoin Price is far lower than it should be. Dogecoin is one of the most popular cryptocurrencies according to many metrics. Traders judge cryptocurrencies on many criterion, all of which sites like CoinGecko specialize in tracking. According to CoinGecko, Dogecoin is 2nd only to Bitcoin. It boasts an active community, which has banded together to achieve a number of incredible goals-such as sponsoring NASCAR driver Josh Wise. Despite these successes, the Dogecoin price has fallen tremendously over the past several months, which does not make logical sense to many now-enlightened....
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Over the past several months, the Dogecoin price has experienced a consistent decline. However, over the past two weeks the Dogecoin price has rebounded considerably. Should investors be bullish on Dogecoin? CCN examines the recent Dogecoin price increase. Dogecoin Price Increases 18% in 24 hours. September 4 was a refreshing day for altcoin investors, as a number of altcoins saw significant price increases. One standout was Dogecoin, who experienced a greater-than-18% 24-hour price increase from September 3-4. After resting at 27 satoshis on September 2, the Dogecoin price began to move....
Despite a strong community and impressive marketing efforts, the Dogecoin price has consistently declined for the majority of 2014. Despite strong community support and impressive marketing efforts, the Dogecoin price has declined consistently for the majority of 2014. The reasons for the Dogecoin price decline are not immediately clear, although the decline may be related to Dogecoin's economic model. If Dogecoin does not recover soon, Reddcoin may challenge its place as the leading social and tipping currency. Dogecoin Price Decline Continues. Dogecoin investors should be worried.....
Dogecoin is by far one of the most popular coins among cryptocurrency fans all over the globe. Since its launch in late 2013, dogecoin has been endorsed by a strong supporting community and innovative marketing efforts. However, a closer look at doge/btc price charts reveals that throughout the majority of 2014, the price of dogecoin has been declining. The price of dogecoin topped up to over 250 satoshis in Febraury, yet it fell down to 50 satoshis in June and since then, it stabilized around 50-60 satoshis. The dogecoin market capital exceeded 80 million US$ early in 2014, but within....
Elon Musk could play a key role in reviving the Dogecoin market from the ongoing, TerraUSD-led bearish slumber. Dogecoin (DOGE) shows the prospect of undergoing a strong price rebound after reaching a technical support confluence on May 12.DOGE price 25% bounce incoming?DOGE's 45% price drop to $0.065 this week, or a 90% decline from its record high of $0.76 a year ago, was met with decent buying sentiment. As a result, the token underwent a modest price rebound on May 12, rising over 10% to $0.078.Interestingly, Dogecoin's upside retracement move started near a confluence of two support....
Dogecoin Price Key Highlights. Dogecoin price continued to weaken, as sellers remain in control. The price has settled below an important support area of 60.0 Satoshis, which leaves it at risk of more declines. A new low below 55.0 Satoshis was formed, as buyers failed to defend losses. Dogecoin price traded lower this past week, and even breached a crucial support area of 60.0 Satoshis. More Losses? As mentioned earlier, there was a downside move in the Dogecoin price this past week. There are a couple reasons due to which the recent break is critical. First, the price settled below an....