Dogecoin eyes 'oversold' bounce as DOGE price gives up 90% of yearly gains

Dogecoin eyes 'oversold' bounce as DOGE price gives up 90% of yearly gains

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....


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Dogecoin gains 25% after Elon Musk confirms Tesla will accept DOGE for mercha...

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Dogecoin started a fresh increase from the $0.2500 support against the US Dollar. DOGE is rising and the bulls seem to be eyeing an upside break above the $0.3500 resistance DOGE is holding the ground above the $0.3000 and $0.2800 levels against the US dollar. The price is trading nicely above the $0.3000 support and […]

Elon Musk boosts Dogecoin again amid fresh ‘strong interest’ in altcoins

Musk is about to host Saturday Night Live, something he says he will do as “The Dogefather” as DOGE/USD shoots up more than 20%. Dogecoin (DOGE), the meme-based cryptocurrency that is a pet favorite of Elon Musk, has a new date for its price diary — Musk’s appearance on Saturday Night Live.In a tweet on Wednesday, Musk described himself as “The Dogefather” as he prepares to host the popular American television show on May 8.The Dogefather SNL May 8— Elon Musk (@elonmusk) April 28, 2021 Musk is well known for his PR stunts when it comes to Dogecoin, with social media posts often sparking....