DOGECOIN PRICE ANALYSIS & PREDICTION (October 19) – Doge Breaks Out Following 23% Weekly Gains, Signals Bullish

2024-10-20 10:59

So far, Doge has recovered well in the past week after reestablishing support above a key level two weeks back. The price just broke through an important resistance level as the market turns in favour of the bulls.

For the first time in seven months, Dogecoin went through its highest volatile buying session in the past week of trading. The daily chart shows that the trend is shifting as the price breaks out of structure.

This breakout was triggered by a surge from the $0.1 level after making a small pullback from the $0.13 level late last month. This psychological level has held well since the start of the month and is now considered as a key support on the monthly scale.

However, the daily outlook is currently bullish as it charges towards July’s high. Reaching this high could set the market up for a massive explosion while the price breaks higher. If such a move comes into play, the market structure will completely shift from a short-term perspective.

That shift may later come with a higher high and higher low formation, which is now slowly playing out on the daily chart. Currently, there are no signs of selling, but looking at the bigger picture, Doge is still trading in a bearish zone on the macro level. While the future looks promising, a bigger price movement can be expected as it turns bullish.

DOGE’s Key Level To Watch Source: Tradingview

In the latest breakout, though not significant yet, the $0.143 resistance (July’s high) is the closest level to keep in mind for a test, followed by $0.16. The resistance above this level is $0.175.

In case of a pullback, the $0.115 level is considered as support. Below it lies the $0.1 and $0.089 levels, marked as this month’s and last month’s low.

Key Resistance Levels: $0.143, $0.16, $0.175

Key Support Levels: $0.115, $0.1, $0.089

Spot Price: $0.133 Trend: Bullish Volatility: High

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Image Source: promesaartstudio/123RF // Image Effects by Colorcinch

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Dogecoin (DOGE) на Currencies.ru

$ 0.3203 (-0.66%)
Объем 24H $4.988b
Изменеия 24h: -1.60 %, 7d: -20.02 %
Cегодня L: $0.3104 - H: $0.3238
Капитализация $47.189b Rank 7
Цена в час новости $ 0.1427 (124.46%)

level doge price weeks back two above

Источник: nulltx.com

level doge → Результатов: 126


Dogecoin (DOGE) price up as meme coins rise

Dogecoin price spiked double-digits in 24 hours to hit its highest level in close to three months. DOGE price broke above $0.13, above levels seen in July as several meme coins surged. While the meme coin’s price rose amid broader optimism in the crypto market, which had Bitcoin above $68k, its likely Dogecoin benefited from […] The post Dogecoin (DOGE) price up as meme coins rise appeared first on CoinJournal.

2024-10-19 13:52


Playdoge vs. Mpeppe: Which Meme Coin is the Next Dogecoin?

Two meme coins, Playdoge (PLAY) and Mpeppe (MPEPE), have captured significant attention, each with its own unique appeal and potential to become the next Dogecoin (DOGE). With the Playdoge (PLAY) presale nearing its end and Mpeppe’s rise in the decentralized gambling space, the question on every investor’s mind is: which of these meme coins will be the next to explode? Playdoge: The Nostalgic Tamagotchi Meets Doge Playdoge (PLAY) has taken the concept of nostalgia to a new level by combining the beloved Tamagotchi game with the iconic Doge meme.

2024-8-30 15:08


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Targets To Watch As Dogecoin Price Recovers For A Play Toward $1

A crypto analyst has shared a Dogecoin price chart over a daily time frame, highlighting key price levels to watch out for as the meme coin attempts to recover towards the coveted $1 milestone. Although the Dogecoin price has seen significant volatility and declines recently, the crypto analyst remains confident in the memecoin’s bullish outlook. […]

Dogecoin’s trading volume hits $10B amid price crash: What now?

DOGE’s liquidation reached $6 billion on the 19th of December.  However, a few metrics showed signs of recovery.  Dogecoin [DOGE] was one of the most affected among the top 10 cryptos inThe post Dogecoin’s trading volume hits $10B amid price crash: What now? appeared first on AMBCrypto.

Shiba Inu whale profits big: Sells 250 billion SHIB for $6 million gain

SHIB’s trading volume increased sharply while its price fell in the last few days.  Buying pressure, however, was increasing, which hinted at a trend reversal.  Shiba Inu [SHIB], one of The post Shiba Inu whale profits big: Sells 250 billion SHIB for $6 million gain appeared first on AMBCrypto.

$HAWK crypto scandal: Investors sue Hailey Welch over alleged fraud

Investors sue $HAWK crypto memecoin promoters for alleged unlawful sales and compliance violations. $HAWK's 95% value drop fuels rug-pull accusations and investor outrage. The controversy suThe post $HAWK crypto scandal: Investors sue Hailey Welch over alleged fraud appeared first on AMBCrypto.

How high can SHIB’s price rise if 30% of tokens are burned?

Since its launch, SHIB has burnt nearly half of its total supply. A reduction in supply could have some impact on the memecoin's price  Shiba Inu’s [SHIB] team has been aggressively driviThe post How high can SHIB’s price rise if 30% of tokens are burned? appeared first on AMBCrypto.