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$DOGE DOGE is approaching a critical horizontal resistance area which has existed for more than a year. Will it break out?
The weekly time frame technical analysis shows the DOGE price broke out from a long-term descending resistance trend line in November 2023. The upward movement led to a new yearly high of $0.108 next month. Howevver, the DOGE price has fallen since.
In January 2024, DOGE returned to the descending resistance trend line (green icon) and bounced. The Dogecoin price has moved upwards since but has yet to break above its 2023 highs.
The weekly Relative Strength Index (RSI) gives a bullish reading. When evaluating market conditions, traders use the RSI as a momentum indicator to determine whether a market is overbought or oversold and whether to accumulate or sell an asset. The RSI is above 50 and increasing, both signs of a bullish trend.
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The weekly time frame technical analysis shows the DOGE price broke out from a long-term descending resistance trend line in November 2023. The upward movement led to a new yearly high of $0.108 next month. Howevver, the DOGE price has fallen since.
In January 2024, DOGE returned to the descending resistance trend line (green icon) and bounced. The Dogecoin price has moved upwards since but has yet to break above its 2023 highs.
The weekly Relative Strength Index (RSI) gives a bullish reading. When evaluating market conditions, traders use the RSI as a momentum indicator to determine whether a market is overbought or oversold and whether to accumulate or sell an asset. The RSI is above 50 and increasing, both signs of a bullish trend.
#TrendingTopic #Write2Eam #Dogecoins #MemeCoinKing
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HODL 🤍
FOLLOW ME If you want to succeed with cryptocurrency! 😍😇
#pepe #Dogecoins #BTC #PYTH
#TrendingTopic
Doge coin...
it's time for Elon musk tweet...
what do you say...? #Dogecoins #Write2Earn #TrendingTopic #BTC
it's time for Elon musk tweet...
what do you say...? #Dogecoins #Write2Earn #TrendingTopic #BTC
Dodge rails prices since 2022!!!!!
Dogecoin rallied over 50% in the last seven days to climb into top 10 cryptos on CoinmarketCap.
DOGE users are hoping for a sign that Elon Musk will participate in the developing bull run.
Musk’s comments contributed to Dogecoin’s 28,000% gain in the previous bull run.
Dogecoin, the famous dog-themed meme coin, has sugged significantly this week. The cryptocurrency rallied over 50% in the last seven days, replicating moves similar to its behavior in the previous bull run. Data from CoinmarketCap shows DOGE is back among the top 10 cryptos, trading for $0.128, with a market cap of $18.34 billion.
DOGE’s rally is comparable to its behavior four years ago, when Elon Musk, the owner of X, openly supported the meme coin. Musk made several comments that triggered Dogecoin’s rally in the previous bull run, forming the tailwind for the crypto’s rise to prominence.
Following DOGE’s latest surge, many crypto users are watching whether the X owner will play a role in the meme coin’s resurgence. If that happens, many crypto users will ponder how far DOGE would go this time.
In 2020, Musk’s comments were inclined toward his support and purchasing of Dogecoin. He also touted the possibility of his electric car manufacturing company, Tesla, accepting the meme coin for payments. With such comments, the renowned investor attracted the interest of many crypto users, raising their hopes for DOGE.
Musk’s support for DOGE was the source of the massive fear of missing out (FOMO) that drove its rise. Demand rose for the meme coin, leading to several phases of astronomical rallies. DOGE became one of the highest performers in 2020 after recording an astonishing return of more than 28,000% in five months.
Musk’s crypto inclination continues with his social media platform, X, reportedly partnering with Stripe to introduce crypto payments. Initial reports show that the social media platform will start making payouts with USDC before adding other cryptocurrencies.
DOGE has gained over 76% this month, rallying to price levels last seen in 2022, according to data from TradingView.
#elonMusk
#Dogecoins
DOGE users are hoping for a sign that Elon Musk will participate in the developing bull run.
Musk’s comments contributed to Dogecoin’s 28,000% gain in the previous bull run.
Dogecoin, the famous dog-themed meme coin, has sugged significantly this week. The cryptocurrency rallied over 50% in the last seven days, replicating moves similar to its behavior in the previous bull run. Data from CoinmarketCap shows DOGE is back among the top 10 cryptos, trading for $0.128, with a market cap of $18.34 billion.
DOGE’s rally is comparable to its behavior four years ago, when Elon Musk, the owner of X, openly supported the meme coin. Musk made several comments that triggered Dogecoin’s rally in the previous bull run, forming the tailwind for the crypto’s rise to prominence.
Following DOGE’s latest surge, many crypto users are watching whether the X owner will play a role in the meme coin’s resurgence. If that happens, many crypto users will ponder how far DOGE would go this time.
In 2020, Musk’s comments were inclined toward his support and purchasing of Dogecoin. He also touted the possibility of his electric car manufacturing company, Tesla, accepting the meme coin for payments. With such comments, the renowned investor attracted the interest of many crypto users, raising their hopes for DOGE.
Musk’s support for DOGE was the source of the massive fear of missing out (FOMO) that drove its rise. Demand rose for the meme coin, leading to several phases of astronomical rallies. DOGE became one of the highest performers in 2020 after recording an astonishing return of more than 28,000% in five months.
Musk’s crypto inclination continues with his social media platform, X, reportedly partnering with Stripe to introduce crypto payments. Initial reports show that the social media platform will start making payouts with USDC before adding other cryptocurrencies.
DOGE has gained over 76% this month, rallying to price levels last seen in 2022, according to data from TradingView.
#elonMusk
#Dogecoins
$DOGE - Update
Reclaim 0.19c for continuation and a safer entry if you are not in already
#TrendingTopic #Dogecoins #DOGE #Meme #BTC
Reclaim 0.19c for continuation and a safer entry if you are not in already
#TrendingTopic #Dogecoins #DOGE #Meme #BTC
$DOGE
Doge coin Free Signals 🚀🚀🚀🚀
Take 20X to 30X leverage for Long position
set Stop loss close.
for New can take 5X to 10X for long position
Note : this coin is highly volatile so I'm not responsible of any unexpected loss .
🛑 Disclaimer !
I'm not financial advisor so always do your own research before any investment because crypto market is inherited risky .
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Doge coin Free Signals 🚀🚀🚀🚀
Take 20X to 30X leverage for Long position
set Stop loss close.
for New can take 5X to 10X for long position
Note : this coin is highly volatile so I'm not responsible of any unexpected loss .
🛑 Disclaimer !
I'm not financial advisor so always do your own research before any investment because crypto market is inherited risky .
#TrendingTopic #EOS #Aevo #pepe #Dogecoins
