This Indicator Shows Dogecoin’s Next Direction: DOGE is Ready for a ‘Big Move’

2023-10-22 12:30

Dogecoin has been showing signs of recovery since its fall from $0.07, which started around August 13. Although it is still within a consolidation between $0.057 and $0.064, the price got support around $0.057 and is presently at $0.06. Analysts are seeing the potential for the price to move further.

A Potential Move to $0.07

According to Ali (@ali_charts), the TD Sequential indicator is presenting a buy signal on the DOGE weekly chart that could lead to further upswings if the price can sustain a close above $0.062. Ali believes this buy signal shows Dogecoin is ready to start a new uptrend, potentially up to $0.070.

The TD Sequential Indicator is a technical analysis indicator that identifies buy and sell signals in the market. It helps traders determine potential turning points and trends.

Another Analyst Sees a Big Move Coming

Grace Williams (@GraceWilli90) another crypto trader, also provided insight that DOGE is setting up for a significant move once it breaks its downward triangle. Grace believes DOGE is positioned for big movement soon and is urging investors to keep an eye on the situation as it develops.

Since Grace’s analysis two days ago, DOGE has continued to rise, moving from $0.05 to $0.06. The TD Sequential Indicator combined with the recent price action suggests Dogecoin may be ready for a substantial breakout movement in the near future.

We recommend eToro 74% of retail CFD accounts lose money. Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.

The post This Indicator Shows Dogecoin’s Next Direction: DOGE is Ready for a ‘Big Move’ appeared first on CaptainAltcoin.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Dogecoin (DOGE) на Currencies.ru

$ 0.1632 (+0.62%)
Объем 24H $683.201m
Изменеия 24h: 0.39 %, 7d: 2.58 %
Cегодня L: $0.1616 - H: $0.1636
Капитализация $23.601b Rank 8
Цена в час новости $ 0.0606954 (168.88%)

around dogecoin although still august started within

Источник: captainaltcoin.com

around dogecoin → Результатов: 126


Why Is Dogecoin Price Down Today?

The Dogecoin price is down around 5% in the last day following the general market crash. The meme coin which had seen improved sentiment did a quick 180 and started to bleed. However, while the Dogecoin price could only be following Bitcoin’s descent, are there other factors driving the decline? Why Is Dogecoin Price Falling? One reason that the Dogecoin price is down today is due to its proximity to Shiba Inu.

2023-8-18 02:00


Фото:

Dogecoin Rally Ahead? This Positive Correlation Data Points To A Potential 20% Jump For DOGE

Dogecoin has been one of the cryptocurrencies to watch in the past few weeks. However, the token’s price appears to be slowing down after recording significant bullish momentum. Interestingly, there might be renewed optimism around the DOGE price, as a crypto analyst has offered insight on what to expect from the meme coin in the coming weeks.

2023-8-11 04:00


Фото:

Snowfall Protocol (SNW) The Next Best Thing – Could DOGE Recover as Polkadot (DOT) Up 50%?

The golden child of the meme coins era in 2021, Dogecoin’s native token, DOGE, rose by a staggering 14,500+% within the year. The frenzy around the token was largely driven by intense speculation and heavy interest in digital assets, which was subsequently rolled over to the following year—the surge amidst mainstream adoption and celebrity interest, […]

2023-1-28 00:51


If You Think DOGE Is Worth the Hype After Musk’s Twitter Acquisition, Take a Closer Look at Metacade, Which Has Generated $2 Million in Presale So Far

Just when you thought there couldn’t be any more hype around Dogecoin (DOGE), Elon Musk’s Twitter acquisition sent the rumor mill into overdrive again. Could Musk really intend to incorporate DOGE on Twitter? It’s an intriguing proposition and one that would have serious – read upward – implications for DOGE.

2023-1-13 19:12


Shiba Inu Burn Rate Spikes By 1,860% – Why Investors Should Take Note Of This

Shiba Inu, a cryptocurrency that is a spin-off of dog-themed crypto Dogecoin, is counting on massive token burning rates to stop its decline. Over the last 24 hours, over 45 million SHIB Tokens were burned During the same time frame, Shiba Inu failed to increase its trading price Analysts think the asset might “die” by the end of 2023 But despite the destruction of around 410 trillion of its supply since its introduction to the crypto space, SHIB failed to make any kind of rally as it continues to paint its charts in crimson.

2022-10-25 11:44


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Vitalik Buterin Reveals How to Build and Identify Valuable Celebrity Tokens After DAVIDO and JENNER Cryptos Flop

The co-founder of Ethereum, Vitalik Buterin, has weighed in on the trend of celebrity cryptocurrency token launches, many of which have led to significant losses for investors. In the wake of the DAVIDO and JENNER token fiascos, where the celebrities dumped their holdings on the market, Buterin has outlined the key factors that could make […] The post Vitalik Buterin Reveals How to Build and Identify Valuable Celebrity Tokens After DAVIDO and JENNER Cryptos Flop appeared first on CaptainAltcoin.