Dogecoin Price To Hit ATH Above $1 In March? Why It Is The Best Time To Sell
The Dogecoin price is ready to hit new all-time highs, as a crypto analyst has projected a surge above $1 by March. The analyst’s technical analysis of Dogecoin using Fibonacci time zones suggests that the next few months could be a pivotal period for investors and DOGE holders, with March shaping up as an ideal […]
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Crypto analyst Charting Guy (@ChartingGuy) has issued a cautionary note on Dogecoin, suggesting he will sell the meme coin if certain Fibonacci retracement levels fail to break in the coming months. His statement arrives at a time when Dogecoin (DOGE) is trading around $0.20, according to the shared weekly chart on TradingView, showing a steep –14.94% weekly change. When To Sell Dogecoin? In the attached chart, a series of key Fibonacci retracements run from 0.0 up to 1.618 at approximately $4.13. Notable lines include the 0.382 Fib around $0.1397, the 0.50 Fib just above $0.1997 (near....
Dogecoin has continued on an interesting path, struggling between $0.2 and $0.24 during this time. Bulls have continued to maintain their hold on the major support levels, but this hold is weakened by the sustained market sell-off that began back in September. However, with the month of October expected to be quite bullish, there could be a quick turn in the tide for the Dogecoin price, with one crypto analyst expecting the altcoin to rally from here. Analyst Predicts Dogecoin Price Will Hit $0.3 Crypto analyst TradingShot first starts out by explaining where the Dogecoin price currently....
Bitcoin experienced an incredible bullish outbreak over the last few days. However, despite BTC/USD's incredible gains over the last few days the dogecoin price didn't experience gains to this extent, despite a small increase in the volume. The increase in the trading volume wasn't really significant, though. It was indeed higher from the time that the entire market was stagnant and BTC/USD reached the low of $215. However, today's trading volume of ~$140k isn't something new to dogecoin. While all the bullish activity in the bitcoin market did have a mild effect on the dogecoin price, it....
Dogecoin hasn't been able to recover from the negative price shock it received yesterday - the cryptocurrency came down with a thud from 50 satoshis to 46.3 satoshis - and is currently trading near 1-week lows. I had earlier mentioned that maybe it's best to sell now and go away until depressed levels of Dogecoin are seen. I still maintain that the crypto coin might depreciate in value going forward. Currently, Dogecoin is trading down 1.875% or 0.9 satoshis at 47.1 satoshis from yesterday's observation. An analysis of the 240-minute Dogecoin/Bitcoin price chart above reveals information....
"If we sell another 6,556,000,000 DOGE worth of Mavs merch, Dogecoin will definitely hit $1," said the Dallas Mavericks owner. After only three days accepting Dogecoin (DOGE) as a form of payment, Dallas Mavericks owner Mark Cuban is predicting the price of the token will eventually hit $1. In a Saturday tweet, Cuban said customers had used more than 20,000 Dogecoin — roughly $1,018 at the time of publication — in transactions for the Dallas Mavericks, claiming the franchise was now “the largest Dogecoin merchant in the world." The billionaire predicted that if basketball fans were to....