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Dogecoin Breaks Key Pattern: $0.56 Resistance and the Important Role of January 20
Dogecoin recently broke out of a symmetrical triangle pattern, marking a bullish turn in its price action. The breakout occurred three days before the scheduled inauguration of former President Donald Trump, drawing attention to the immediate price action of the cryptocurrency.
Key Resistance at Red
DOGE is facing a key resistance level identified as the red level after the breakout. Analysts are closely watching this zone, as a successful breakout above this level could pave the way for further upside. Historically, resistance levels have served as a key indicator of potential price momentum in the cryptocurrency market.$DOGE
Dogecoin recently broke out of a symmetrical triangle pattern, marking a bullish turn in its price action. The breakout occurred three days before the scheduled inauguration of former President Donald Trump, drawing attention to the immediate price action of the cryptocurrency.
Key Resistance at Red
DOGE is facing a key resistance level identified as the red level after the breakout. Analysts are closely watching this zone, as a successful breakout above this level could pave the way for further upside. Historically, resistance levels have served as a key indicator of potential price momentum in the cryptocurrency market.$DOGE
Report: Elon Musk confirms his son still holds Dogecoin
Known as 'Dogefather', Musk has been a vocal supporter of Dogecoin, frequently mentioning it in his tweets and even accepting it as a payment method for some Tesla goods. In May, Musk tweeted about the passing of Kabosu, the dog behind the DOGE meme, causing the price of Dogecoin to skyrocket. At the time of writing, Dogecoin's price was down 0.08% over the past 24 hours, trading at $0.122.
According to U.Today, Elon Musk, CEO of Tesla, recently confirmed that his son, affectionately known as 'lil X', still holds his Dogecoin (DOGE). This revelation comes after a Dogecoin graphic designer, 'dogedesigner', tweeted about 'lil X' being a dedicated holder but never considering selling his DOGE. Musk confirmed this with a reply and a laughing emoji, quickly attracting the attention of the crypto community.
The exchange has caused significant reactions in the cryptocurrency community. One user recalled Musk's February 10, 2021 tweet in which he mentioned buying Dogecoin for 'lil X' so he could be a "toddler".
Known as 'Dogefather', Musk has been a vocal supporter of Dogecoin, frequently mentioning it in his tweets and even accepting it as a payment method for some Tesla goods. In May, Musk tweeted about the passing of Kabosu, the dog behind the DOGE meme, causing the price of Dogecoin to skyrocket. At the time of writing, Dogecoin's price was down 0.08% over the past 24 hours, trading at $0.122.
According to U.Today, Elon Musk, CEO of Tesla, recently confirmed that his son, affectionately known as 'lil X', still holds his Dogecoin (DOGE). This revelation comes after a Dogecoin graphic designer, 'dogedesigner', tweeted about 'lil X' being a dedicated holder but never considering selling his DOGE. Musk confirmed this with a reply and a laughing emoji, quickly attracting the attention of the crypto community.
The exchange has caused significant reactions in the cryptocurrency community. One user recalled Musk's February 10, 2021 tweet in which he mentioned buying Dogecoin for 'lil X' so he could be a "toddler".
Just a thought: Will continue to rise in June?
Pepe prices in June are volatile and subject to change, but here are some things to consider.
On May 27, Pepe's price reached an all-time high of $0.00001725, an 88% increase from the previous price.
The price increase is tied to the US Securities and Exchange Commission's approval of the Ethereum ETF application on May 20.
Pepe's daily RSI has exceeded 70, which shows that Pepe is overbought and needs a price correction or consolidation.
The possibility of a price correction in June is very high, with some analysts predicting a 40% drop.
The adjustment will depend on the performance of Bitcoin and Ethereum, as Pepe's performance is negatively correlated with both.
By June, the price could drop to 0.00000965 USD, a 40% reduction from the current price.
On the other hand, if the uptrend continues, Pepe could test the 2.618 Fibonacci retracement level near $0.00002203, 32% above current price #PEPEโ $PEPE
Pepe prices in June are volatile and subject to change, but here are some things to consider.
On May 27, Pepe's price reached an all-time high of $0.00001725, an 88% increase from the previous price.
The price increase is tied to the US Securities and Exchange Commission's approval of the Ethereum ETF application on May 20.
Pepe's daily RSI has exceeded 70, which shows that Pepe is overbought and needs a price correction or consolidation.
The possibility of a price correction in June is very high, with some analysts predicting a 40% drop.
The adjustment will depend on the performance of Bitcoin and Ethereum, as Pepe's performance is negatively correlated with both.
By June, the price could drop to 0.00000965 USD, a 40% reduction from the current price.
On the other hand, if the uptrend continues, Pepe could test the 2.618 Fibonacci retracement level near $0.00002203, 32% above current price #PEPEโ $PEPE
๐๐ฐ Shibarium Hits Big Record: What's Next for SHIB Price Dialogue? ๐๐
โ Shibarium's daily trading volume increased by 209%, from 6,000 to 18,560 within a week.
โ Shibarium sets a record target of 420 million total transactions, currently at 417 million.
โ SHIB price fluctuates according to an isosceles triangle pattern, showing a balanced market.
Shibarium, Shiba Inu's layer 2 solution, is approaching a milestone as daily transactions increase 209%. According to Shibariumscan, the number of daily transactions increased from 6,000 on May 14 to 18,560 on May 20. This variant boost comes after the development of the Shibarium hard fork on the mainnet, marking the Important for the Ethereum L2 protocol.#shib $SHIB
โ Shibarium's daily trading volume increased by 209%, from 6,000 to 18,560 within a week.
โ Shibarium sets a record target of 420 million total transactions, currently at 417 million.
โ SHIB price fluctuates according to an isosceles triangle pattern, showing a balanced market.
Shibarium, Shiba Inu's layer 2 solution, is approaching a milestone as daily transactions increase 209%. According to Shibariumscan, the number of daily transactions increased from 6,000 on May 14 to 18,560 on May 20. This variant boost comes after the development of the Shibarium hard fork on the mainnet, marking the Important for the Ethereum L2 protocol.#shib $SHIB
Hello everyone ๐ฅ
When everyone was talking about ETH increasing by 20%, our private group members gained 43.4% just thanks to this one memecoin.
Overall,
โค It is the #1 memecoin in terms of market capitalization in a very strong blockchain, Base
โค This token has community support, which is a way to attract people who are regularly familiar with crypto.
Having read this far, most people have probably guessed that this token is $BRETT
Similarly, we found a memecoin leading another very strong ecosystem and shared it in the Private group. It reached TP1 that we set after only 4 days.
Although it's not too early now, it's not too late either, because in my opinion, this token still has a lot of time to develop.
So, if you don't want to miss this memecoin, please join the Private group.
See everyone inside!
Link: https://t.me/+r1ZdSutlePwwOGM1 #eth #ETHUSDT.
When everyone was talking about ETH increasing by 20%, our private group members gained 43.4% just thanks to this one memecoin.
Overall,
โค It is the #1 memecoin in terms of market capitalization in a very strong blockchain, Base
โค This token has community support, which is a way to attract people who are regularly familiar with crypto.
Having read this far, most people have probably guessed that this token is $BRETT
Similarly, we found a memecoin leading another very strong ecosystem and shared it in the Private group. It reached TP1 that we set after only 4 days.
Although it's not too early now, it's not too late either, because in my opinion, this token still has a lot of time to develop.
So, if you don't want to miss this memecoin, please join the Private group.
See everyone inside!
Link: https://t.me/+r1ZdSutlePwwOGM1 #eth #ETHUSDT.
Shiba Inu Price Prediction In 2024: How Delicious Will The $SHIB Price Be At The End Of The Year? ๐ถ๐ถ
In 2021, the price of the SHIB/USD pair increased more than 150 times from the low to the highest level of the year, but then there was a strong correction period. However, many investors continue to believe in cryptocurrencies and wonder whether Shiba Inu (Shiba) growth will continue in 2022.
Is it realistic to expect its price to reach its all-year high? To answer this question, we have compiled the architectural opinions of authorized centers with experience on this topic.
According to the SHIB portal of Traders Union, by the end of 2024, the winning rate of the SHIB/USD pair will reach a value of 0.00002998 USD#MemeWatch2024 #memecoin๐๐๐ #shiba
$SHIB
In 2021, the price of the SHIB/USD pair increased more than 150 times from the low to the highest level of the year, but then there was a strong correction period. However, many investors continue to believe in cryptocurrencies and wonder whether Shiba Inu (Shiba) growth will continue in 2022.
Is it realistic to expect its price to reach its all-year high? To answer this question, we have compiled the architectural opinions of authorized centers with experience on this topic.
According to the SHIB portal of Traders Union, by the end of 2024, the winning rate of the SHIB/USD pair will reach a value of 0.00002998 USD#MemeWatch2024 #memecoin๐๐๐ #shiba
$SHIB
Mak Bitcoin update
1) Last two we are nailed each and every moment in btc ๐.
Thanks for your support guys ๐ฅโฅ๏ธ๐๐ป.
2) Btc possible to retrace to 63-64k area where daily imbalance. ๐ถโ๐ซ๏ธ
3) From there Price moves towards Liquidity 68.5k (Monthly heatmap liquidation zone)๐น
4) Bitcoin orderflow is bullish.๐ (Retracement and hunting retailers stoploss are key to next movement in btc)
5) Btc is in Bigger range 60-70k last 2-3monthly - possibly bigger moves in the plan. 80-90k zone ๐ฅ
Let's wait and see but it's too early to call.
6)stay tune for ETH update & Altcoin update coming ๐๐ช๐ป$BTC $#btc #binance #bitcoin
1) Last two we are nailed each and every moment in btc ๐.
Thanks for your support guys ๐ฅโฅ๏ธ๐๐ป.
2) Btc possible to retrace to 63-64k area where daily imbalance. ๐ถโ๐ซ๏ธ
3) From there Price moves towards Liquidity 68.5k (Monthly heatmap liquidation zone)๐น
4) Bitcoin orderflow is bullish.๐ (Retracement and hunting retailers stoploss are key to next movement in btc)
5) Btc is in Bigger range 60-70k last 2-3monthly - possibly bigger moves in the plan. 80-90k zone ๐ฅ
Let's wait and see but it's too early to call.
6)stay tune for ETH update & Altcoin update coming ๐๐ช๐ป$BTC $#btc #binance #bitcoin