Dogecoin Seen Doubling In Price, Despite Shedding 10% In Last 7 Days
After everything is trading in red in the crypto space, Dogecoin price made a refreshing spike and may even more than double in price by the end of 2022, according to analysts’ long-term price forecast. Being the original and top meme token, Dogecoin is killing it in the crypto game. DOGE has seen a slight gain of 0.5% as seen in the past 24 hours. As of press time, DOGE is currently trading at $6.2. Dogecoin is currently the world’s 10th largest crypto in terms of market cap. It has a market capitalization of $8.3 billion which has declined by 2% from its all-time high of $73.8 on....
Related News
Historical analysis suggests that the amount of time it takes for the Bitcoin price to double may accelerate during this bull run. The price of Bitcoin has doubled in the past 75 days, prompting some analysts to question whether the market is approaching over-extension.However, historical analysis from Bitcoin monitoring team CaseBitcoin suggests the Bitcoin markets could accelerate further, noting that BTC’s “doubling time” — the time taken for price to increase by 100% — shrunk down to just 12 days just before the peak of the 2017 bull run.3/ How low can it get? In 2017, the fastest....
Dogecoin has observed a surge of 7% over the last five days as whales have been showing signs of accumulation behavior. Dogecoin Addresses With 100 Million To 1 Billion DOGE Have Gone Up By 5% Recently Both Dogecoin and the general crypto market have been struggling hard in recent weeks, but these last few days […]
Meme coin Dogecoin seems like it is starting to consolidate just below the $0.4 price level. Particularly, the Dogecoin price has traded below $0.4 in the last five days, reaching a low of $0.343. This DOGE price performance is unsurprisingly going to lead to the notion of whether it has already reached its price top […]
September was a very bullish month for Dogecoin, as several positive announcements restored investor faith in the coin and increased the Dogecoin price. Dogecoin even reclaimed a top-five market cap ranking. However, during the month of October the Dogecoin price has declined considerably. Perhaps the rocket ship to the moon has run out of fuel. Also Read: Dogecoin Creator Responds to Moolah Bankruptcy with Additional Concerns. Dogecoin Price Rocket-Ship Runs Out of Fuel. It takes a lot of fuel to send a rocket-ship to the moon-especially when the ship has more than 87,000 passengers....
The Dogecoin price has been gearing up for a major bull rally since it rose to the $0.4 threshold and began testing this resistance. Shedding light on Dogecoin’s future bullish trajectory, a crypto analyst has discussed the importance of the $0.22 50-day Moving Average (MA) in determining the Dogecoin price movements in this bull cycle. How The 50-Day MA Impacts The Dogecoin Price Rally The 50-day MA is a technical indicator that highlights a cryptocurrency’s average price over the last 50 trading days. It is primarily used to identify price trends, determine resistance and support....