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After halving #DOGE Day excitement, will Dogecoin reach $0.2? Dogecoin price maintains above an ascending trendline amid rising overhead pressure. Altcoins may soar after Bitcoin halving and $DOGE Day. A rising wedge formation is hurting Dogecoin, but bullish narratives could help. Despite market slowdown, Dogecoin (DOGE) price is consolidating along an ascending trendline. As DOGE Day approaches, Bitcoiners and cryptocurrency fans celebrate the fourth Bitcoin halving, which could benefit Dogecoin. DOGE may rise on Dogecoin Day. In conjunction with the Bitcoin halving on April 20, the DOGE community is celebrating Dogecoin Day, a social media effort to enhance awareness and value. The 2013 "Doge" meme picturing a Shiba Inu dog inspired Dogecoin, which has a large community. Dogecoin price holds above the ascending trendline, which provides downward support, and the 200-day SMA on the 12-hour period. The Relative Strength Index (RSI) crossed over the yellow band of the signal line, signaling a buy. Same crossover on Moving Average Convergence Divergence (MACD) above orange signal line band. If DOGE bulls follow the buy signal, Dogecoin price could push north to face resistance at $0.1718, the 100-day SMA. If this moving average fails, meme coins' Bitcoin could break through to the 50-day SMA at $0.1830. Dogecoin might reach $0.2000, 33% above current values, in a bullish scenario. Dogecoin's ascending wedge would expire if the 12-hour timeframe broke and closed above $0.2000. Dogecoin price could fall below the ascending trendline if the $0.2000 barrier fails to break. If the DOGE price falls below the 200-day SMA at $0.1278, it could test the psychological $0.1000 market bottom. #bitcoinhalving #Megadrop #Token2049 #BullorBear #Memecoins $DOGE
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Bitcoin halving officially complete. $BTC #bitcoinhalving #Megadrop #Token2049 #BullorBear #Memecoins
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Here's What Elon Musk Celebrates as Dogecoin Day Arrives. Today, on April 20, the Dogecoin community around the world celebrates the DOGE day (also known as the weed day). This year, the DOGE day arrived right after the fourth Bitcoin halving event. The crypto Twitter/X is full of celebratory posts about 4/20 However, the biggest and the most influential Dogecoin fan Elon Musk has not published any posts about it so far. Instead, he has spread the word about another reason why this day is important to him. First Starship launched on 4/20 2023. Elon Musk reposted a tweet published by the "DogeDesigner" (@cb_doge) Twitter/X user, a member of the DOGE and X teams. The celebratory tweet states that on April 20 2023, the Starship was launched for the very first time by Elon Musk's SpaceX. Later, Starship launches followed on November 18 in the same year and then on March 14 2024. This year, the original meme cryptocurrency Dogecoin managed to soar to a high of $0.2201 on March 29 and again returning to it on April 1. The DOGE price surge was fueled by the world's flagship cryptocurrency Bitcoin smashing a new all-time high of $73,750 on March 14. As of this writing, Dogecoin is trading at $0.1519, according to CoinMarketCap data. #bitcoinhalving #Megadrop #Token2049 #BullorBear #Memecoins $DOGE
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SFP has just broke the down trendline on 4H TF. Waiting for 4H to close. We may meet the targets as per chart. #bitcoinhalving #Megadrop #Token2049 #BullorBear #Memecoins $SFP
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According to the waves analysis we can expect that price rise again to the green zone. This is my personal opinion and is not an offer to buy or sell, please act according to your trading plan #bitcoinhalving #Megadrop #Token2049 #BullorBear #Memecoins $ZRX
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