DOGE price analysis hints at 30% drop despite Elon Musk's Twitter bid
The head and shoulders pattern emerging on Dogecoin charts suggests a lack of upside conviction among DOGE traders. The brief Dogecoin (DOGE) price rally last week following Tesla CEO Elon Musk's bid to buy Twitter appears to be fizzling out as DOGE closes the week over 8%. DOGE's price dropped to $0.142 on April 17, three days after peaking out locally at $0.149. The Dogecoin correction, albeit modest, raised its potential to trigger a classic bearish reversal pattern with an 85% success rate of reaching its downside target. DOGE price eyes drop under $0.10Dubbed head and shoulders (H&S),....
Related News
Tesla and Spacex CEO Elon Musk has hinted that “X, the everything app,” is coming. He explained that his purchase of the social media platform Twitter is an accelerant to the creation of X, which could knock three to five years off the project. Elon Musk’s X — The Everything App Tesla CEO Elon Musk […]
Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge. Dogecoin (DOGE) prices surged but did not skyrocket after receiving another endorsement from Tesla CEO Elon Musk on Twitter on July 1.The billionaire entrepreneur published a tweet at around 8:43 am UTC — a Godfather-themed meme that shows Marlon Brando's iconic character, Don Vito Corleone, with the text "YOU COME TO ME AT RUNTIME TO TELL ME THE CODE YOU ARE RUNNING DOES NOT COMPILE."Meanwhile, Musk captioned the tweet "Release the Doge!"Release the Doge!....
Following Elon Musk’s Twitter acquisition confirmation last week, the price of Dogecoin (DOGE) went through the roof. For the first time since May of this year, DOGE surpassed the $0.01 mark and temporarily exceeded $0.14. On Monday, DOGE took a small breather, but it was not to last long. As numerous members of the Dogecoin […]
Dogecoin (DOGE) price had to go through the rabbit hole as it recovered from the blows of the crypto winter. Dogecoin price refrains to subject to Elon Musk’s bidding Price underrated yet pins a surprise twist at the end DOGE nearing a breach before August ends; September hints at a pompous rally at 50%. It seems that Elon Musk has been mum about Dogecoin for several months now hinting that the tie-up has ended, and it’s time to call it a day and move on. Related Reading: Polkadot (DOT) To Retest $9.88 Resistance – Can Bulls Regain Solid Footing? DOGE Price Moving Up – With Or....
Elon Musk, Tesla’s CEO, has hinted in a reply on a Twitter post that the company might own close to 42k Bitcoin. Elon Musk Hints Tesla Owns Around 42k Bitcoin Tesla shareholder Dave Lee has run a rough calculation on Twitter to show how many BTC the company owns. In his estimation, Lee has used […]