Dogecoin’s Potential: Can DOGE Price Kick Off a New Climb?
Dogecoin is stuck below the $0.1285 resistance zone against the US Dollar. DOGE is consolidating and might eye a fresh increase toward $0.1285 or even $0.1320. DOGE price is struggling to clear the $0.1285 resistance zone. The price is trading near the $0.1240 level and the 100-hourly simple moving average. There is a short-term bullish flag pattern forming with resistance at $0.1250 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price must settle above $0.1250 and $0.1285 to gain bullish momentum. Dogecoin Price Faces Hurdles After a decent recovery wave, Dogecoin....
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While April 20 or 420 is synonymous with cannabis culture, the day is also considered “Doge Day,” by a great number of dogecoin supporters. The day prior on Twitter, the Doge network’s co-founder Billy Markus asked what people should expect on Doge Day and for dogecoin’s price action. 12 months ago dogecoin was swapping hands for $0.44 per unit on Doge Day and today the meme-based crypto asset is down 65.3% from that value.
Last Year During Doge Day, Dogecoin Was up 18,299% and Saw Fresh New Price Highs
Last year, the popular meme-token dogecoin....
The Shiba Inu price has closely followed Dogecoin, considering that the two are the largest meme coins by market cap. This has led to talks of what SHIB’s price would be if it reached Dogecoin’s market cap. What The Shiba Inu Price Will Be If It Reaches Dogecoin’s Market Cap MarketCapOf data shows that the […]
Dogecoin (DOGE) holders have been put on alert by crypto analyst Ali Martinez (@ali_charts), who shared a chart on Monday highlighting a noteworthy technical setup. According to Martinez, the Market Value to Realized Value (MVRV) ratio for DOGE just formed a “death cross” with its own 200-day moving average (MA)—an event that previously correlated with major price declines. Dogecoin MVRV Death Cross Warning Martinez’s chart, sourced from Santiment, plots three key data points: DOGE/USD Price (black line), DOGE’s MVRV Ratio (orange line) and DOGE’s 200-day MVRV Ratio MA (red line). He....
Dogecoin, the largest meme coin is demonstrating potential for a notable price spike in the short term. With key indicators and past price trends pointing to an upside momentum, DOGE could be poised for a much larger bull run than the recent rally to the $0.47 level. A Potential End To Dogecoin’s Recent Correction Over […]
The DOGE price jumps again, up by over 30% during the past 24 hours. Dogecoin (DOGE) continued its rapid ascension on Tuesd, as the coin price for the world’s most beloved meme coin crossed the $0.50 barrier for the first time.On Tuesday, the value of Dogecoin climbed from $0.389421 to $0.541900 — a 39% increase — which marked a new all-time high for DOGE.Buoyed by a listing on United Kingdom-based cryptocurrency exchange eToro and a pending television debut on Saturday Night Live, Dogecoin continues to confound observers who took the coin as its creator intended — i.e., a joke.But....