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Dogecoin

DOGECOIN Bull Run Setup- Dogecoin is currently trading at 0.46$ - Doge is the king of meme coins and now highly regarded as Elon Musk's coin - Doge has a decent upside left and the psychological price of 1$ can soon be achieved - Technically I see Doge easily purging above 0.60$ and 0.74$ and there's not much resistance to make it drift lower - Accumulation Zones: 0.37-0.39$ - If you are already holding Doge then you can continue to hold it until it reaches 0.59-0.74$ - Doge under Trumps and Musks governance can surely hit new highs
Long
by VKtradesimbalance
CRYPTO: How it works and how it is explained for beginners.CRYPTO: How it works and how it is explained for beginners. Here is a detailed explanation of the key concepts related to cryptocurrencies: Cryptocurrency Cryptocurrencies are decentralized digital currencies that use cryptography to secure transactions. Unlike traditional currencies, they are not issued by a central authority such as a bank. The main characteristics of cryptocurrencies are: -They exist only in electronic form -Transactions are made directly between users (peer-to-peer) -They use blockchain technology to record transactions -Their value fluctuates according to supply and demand Blockchain Blockchain is the underlying technology that allows cryptocurrencies to work. Its main features are: -It is a distributed and decentralized ledger that records all transactions -Each transaction forms a "block" that is added to the existing chain -The data is encrypted and impossible to modify once recorded -It works without a central authority thanks to a network of computers The halving The halving is a scheduled event that concerns certain cryptocurrencies such as Bitcoin. Its main characteristics are: - It halves the reward given to miners for creating new blocks - It usually occurs approximately every 4 years (every 210,000 blocks for Bitcoin) - Its purpose is to control inflation by gradually reducing the issuance of new units - It can have an impact on the price of the cryptocurrency by reducing the supply _____________________________________________________________ The different types of coins There are several categories of cryptocurrencies: Bitcoin: The first and best known cryptocurrency Altcoins: All cryptocurrencies other than Bitcoin (e.g. Ethereum, Litecoin) Tokens: Tokens created on existing blockchains, often linked to specific projects Stablecoins: Cryptocurrencies whose value is indexed to a fiat currency or a stable asset Memecoins: a cryptocurrency that comes from an Internet meme or that has a humorous, ironic characteristic, a joke as its origin. Each type of coin has its own characteristics and uses, but all rely on blockchain technology to operate in a decentralized manner. 10 minutes ago Comment Here is a list of the top altcoins, memecoins, and stablecoins to know in 2024: Major Altcoins: -Ethereum (ETH) -Cardano (ADA) -Solana (SOL) -Polkadot (DOT) -Ripple (XRP) -Litecoin (LTC) -Chainlink (LINK) -Polygon (MATIC) -Avalanche (AVAX) -Tron (TRX) Popular Memecoins: -Dogecoin (DOGE) -Shiba Inu (SHIB) -Pepe (PEPE) -Bonk (BONK) -Book of Meme (BOME) Top Stablecoins: -Tether (USDT) -USD Coin (USDC) -Frax (FRAX) -Dai (DAI) -TrueUSD (TUSD) -First Digital USD (FDUSD) -Decentralized USD (USDD) Altcoins are alternative cryptocurrencies to Bitcoin, often offering specific features or use cases. Memecoins are cryptocurrencies that were initially created as jokes but have sometimes gained popularity. Stablecoins are cryptocurrencies designed to maintain a stable value, usually pegged to a fiat currency like the US dollar. Each category has its own characteristics: -Major altcoins often aim to solve specific problems or provide platforms for the development of decentralized applications. -Memecoins are generally driven by their community and can experience high volatility. -Stablecoins seek to offer the stability of traditional currencies while retaining the benefits of cryptocurrencies. It is important to note that the cryptocurrency market is very dynamic and the popularity and value of these tokens can fluctuate rapidly
BITSTAMP:BTCUSDEducation
by Le-Loup-de-Zurich
Dogecoin (DOGE) Bull Run Analysis Target Toward $4Dogecoin (DOGE) Bull Run Analysis Target: $4 (~25x from current level) Technical Analysis (Elliott Wave Count): According to my Elliott Wave count, DOGE is positioned to reach $4 in this bull run, representing nearly a 25x gain. Earlier, I suggested a buy entry around the $0.07 level, which has already yielded a 200% profit. Fundamental News: Recent news indicates that Tesla has updated its payment methods to include #Dogecoin, which further fuels a bullish outlook for DOGE. Key Takeaways: Maintain a close watch on the bullish trend and Elliott Wave count for potential upward momentum. The inclusion of DOGE in Tesla's payment methods could act as a catalyst for further gains.
Long
by CryptoPatel
2
Why The Crypto Bull Rally Will Continue!The crypto market has run up rapidly in the last couple of months. Charts suggest that the rally is yet to be completed. The total crypto market dipped by just 20% since mid-march. Briefly slipped below the 21 SMA and has retained the 10 and 21 SMA. The volume Weighed Avg Price has been acting as support which is also a good sign. The big red candles are concerning but selling has subsided in the last 7 odd days with some pocket pivots popping up. The RS line is indecisive but gradually moving upwards. Better be long here as the trend has been heavily bullish ! The break of the inside bars on either side will confirm the trend.
CRYPTOCAP:TOTALLong
by rjun212
DOGEUSDT at Decider Level Chances for Long are higherTechnical Analysis: 1. Backtesting within 7 days shows that there are no clear patterns in the MACD, RSI, BOLL, and KDJ indicators. 2. Backtesting within 30 days indicates a bearish MACD pattern, specifically a Death Cross. This pattern has occurred 12 times, with a signal accuracy of 25%. 3. The BOLL indicator does not show any specific pattern. 4. The RSI and KDJ indicators also do not show any clear patterns. Fundamental Analysis: 1. Dogecoin is a meme coin associated with pictures of Shiba Inu dogs and internal monologue captions. 2. The current market cap of Dogecoin is $20,214,071,052, with a total supply and circulation supply of 130,693,998,324 tokens. 3. The current price of Dogecoin is $0.13837, with a 24-hour price change of -1.93% and a 7-day price change of +60.32%. 4. The BOLL support price is $0.13837, and the BOLL resistance price is $0.14381. 5. The market sentiment index is at 83, indicating extreme greed.
Long
by nikhilbansal
Dogecoin $5 Potential in Memecoin Season in Bull MarketCRYPTOCAP:DOGE Pattern is Repeating before Blasting We are waiting for a Perfect Retest. The #DOGECOIN pattern is repeating, signaling a massive blast-off just around the corner. A perfect retest is approaching, creating an incredible entry setup. Once the retest is complete, watch Dogecoin soar to the moon! In the #memecoins season of the bull market, $5 is a realistic target. Get ready to ride the wave! Share/Comments if you Agree with My #DOGE Setup.
POLONIEX:DOGEUSDLong
by CryptoPatel
1
Dogecoin Price PredictionDogecoin is showing positive sign above the $0.0800 resistance against USD. The price is trading the 100 SMA level in 4-hour time frame. The price could start strong rally if it clear the $ 0.0870 resistance. A close above the $ 0.0835 resistance might send the price toward the $ 0.0880. The next major resistance $ 0.0920 and the next move toward $ 0.0950. If Doge price fails to gain pace above the $ 0.0812 level, it could start downside correction. support level of dogecoin is $ 0.0792. The RSI for DOGEUSDT is now the 50 level. Major support levels - $ 0.0792, $ 0.0710. Major resistance level - $ 0.0812, $ 0.0835, $ 0.0880.
Long
by tradewith_ritik
DOGE/USDT: Bullish Entry Zones and Profit Booking Levels ? Introduction: In this technical analysis, we will explore the potential trading opportunities for DOGE/USDT , by analyzing key support and resistance levels. 1. Buying Area - 7400 to 7600 Levels: Currently, DOGE/USDT can correct upto 7400 to 7600 levels. Traders looking to enter a long position can consider this zone as a favorable buying opportunity. As Dogecoin is known for its vibrant community and increasing popularity, this entry position could yield potential gains in the short to medium term. 2. Alternative Buying Area - 6400 to 6500 Levels: In the event of a Bitcoin dump triggered by the FOMC meeting today, DOGE/USDT may experience increased selling pressure. Consequently, the price could dip to the 6400 to 6500 levels, presenting an excellent opportunity for long-term investors to accumulate DOGE at a discounted price, making it an attractive area for bag holding and patient long-term investors. 3. Profit Booking Area - 9500 Levels: As DOGE/USDT exhibits upward momentum, traders should be mindful of potential profit booking opportunities. The 9500 level aligns with a crucial trendline, marking a third re-test, adding strength to its significance as a resistance level. Traders can consider taking profits in this area. In summary, DOGE/USDT currently offers favorable buying opportunities between the 7400 to 7600 levels, while an alternative entry zone lies within the 6400 to 6500 range, especially if Bitcoin experiences a significant downturn. For profit booking, traders should consider the 9500 level, which also coincides with a critical trendline re-test.
Long
by Un_trade
DOGECOIN possible elliot wave counts on hourly chartHere we had shared possible Elliot wave counts of Dogecoin on daily time frame aligned with hourly time frame. Which is indicating that possibly we are unfolding fresh leg of impulse as a wave 1 of bigger degree wave (1) of one more bigger degree ((3)), and inside wave 1 we had unfolded subdivisions as wave 1-2-3-4 and possibly we have started 5th of wave 1 it may become leading diagonal. post wave 1 we should get retracement as a wave 2 of (1) and then wave 3 of (1), overall if invalidation is safe then journey is towards north. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not sebi registered analyst. I am not responsible for any kinds of your profits and your losses. Possible elliot wave counts on daily time frame macd positive crossover in hourly Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
BINANCE:DOGEUSDLong
by RK_Chaarts
3
Dogecoin short-Multiple trade setupDogecoin is forming some bearish trade setup these days.It may give us some great fall after the breakout.Here are two trade ideas-swing and intraday that I wanna share with you guys in detail.check below. Trade 1: The first one is a swing trade.Dogecoin made a beautiful double top pattern in 1H time frame which broke out it's neckline(0.9684 level) downward and now is retesting from a lower level (0.09274) on a trendline.It is now at the breakout point of the trendline and if it breaks,a short trade can be initiated to the support level of 0.08012. You might have hold it for some days.keep an eye. Trade 2:It's an intraday.A bearish pennant is made on 15m/1h time frame and about to break out.It can break downward to the level of 0.08894.if it breaks the pattern,a short trade could be taken there.follow the levels. Make it happen,get some good profits.Happy Trading.
Short
by marketshero