Dogecoin (DOGE) Rebound Stumbles, Opening Door To Another Selloff
Dogecoin started a recovery wave above the $0.10 zone against the US Dollar. DOGE is now facing hurdles near $0.1065 and might struggle to continue higher. DOGE price started a recovery wave from $0.095 and climbed above $0.10. The price is trading below the $0.110 level and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $0.1060 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.10. Dogecoin Price Runs Into Resistance Dogecoin price started a recovery wave from....
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Following two days of declines, dogecoin rebounded earlier in today’s session, moving away from a key level of support. The meme coin, which has been hovering close to a one-month low, surged, as bulls seemingly bought the dip. The token formerly known as ripple (xrp) was also higher. Dogecoin (DOGE) Dogecoin (DOGE) was a notable gainer in today’s session, as the meme coin rebounded following recent losses. So far this week, DOGE/USD has been trading around a floor of $0.0580, however prices rallied beyond that point today. The world’s tenth largest cryptocurrency rose....
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 reached another record high on Wednesday for apparently no reason but an ongoing boom across the cryptocurrency market ahead of Coinbase’s direct listing on the Nasdaq Stock Market later in the day. The Dogecoin Rally Brief The DOGE/USD exchange rate climbed to as high as $0.146 ahead of the London opening bell after breaking […]
Crypto analyst Bitcoinsensus has predicted that the Dogecoin price could rally 4,400% to $5, a new all-time high (ATH) for the foremost meme coin. The analyst also revealed what needs to happen for DOGE to witness this parabolic rally. Dogecoin Price Eyes 4,400% Rally To $5 In an X post, the crypto analyst shared an accompanying chart showing that the Dogecoin price could rally to $5 by next year. He raised the possibility that DOGE could repeat its macro cycle, which could spark this parabolic run. Bitcoinsensus also noted that the foremost meme coin has been a master of art in....
Billy Markus, the co-founder of Dogecoin, explained on Wednesday that an Ethereum bridge to the Doge network would bolster the dogecoin ecosystem. Markus also said that non-fungible token (NFT) markets “would help Dogecoin” as well.
Dogecoin Co-Creator Thinks 2 Ideas Could Help the Doge Network
The popular crypto asset dogecoin (DOGE) has gained a whopping 7,500% during the last 12 months and reached a high of $0.731 per unit on May 8, 2021. However, DOGE is down 72% since that all-time high and 25.4% during the last month.
While the Dogecoin co-founder....