🚀🚀 Dogecoin (DOGE) Hits Enormous 5.6 Billion Support 🚀🚀

Dogecoin's price could aim higher than anticipated as it hits important support level

Analyzing Dogecoin's current position

As observed on the latest charts, Dogecoin has been wrestling with a bearish trend but is now approaching a robust support level. This level, characterized by a substantial volume of Dogecoin, represents a point where historical buying interest has been strong enough to prevent further price declines. The presence of such a significant support zone suggests that there is potential for a reversal if the sentiment and market conditions align favorably.

The chart below shows Dogecoin trading below the 50-day and 100-day EMAs, indicating a current bearish bias in the short to midterm. However, the proximity to the major support zone could be an important factor in a reversal rally. This support level, reinforced by a high concentration of buy orders in the past, offers a glimmer of hope for bullish Dogecoin investors.

If Dogecoin manages to maintain its
stance above this significant support level and volume increases, there could be enough buying pressure to propel the price upwards, challenging higher resistance levels.

$DOGE
#DogecoinGlory #Dogecoinnews #Doge

Coinbase has announced its plans to introduce Dogecoin futures trading as early as April 1.

$DOGE

Doge soared over 20% after Tesla officially included Dogecoin as one of its payment methods, applying to selected products.

$DOGE

Shiba Doge Hybrid Will Surge Over 8,000% Ahead of MEXC Listing, as Shiba Inu and Dogecoin Struggle

Shiba Doge Hybrid (SHIDOGE) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).

Shiba Doge Hybrid (SHIDOGE), a new Solana memecoin that was launched this week, is poised to explode over 8,000% in price in the coming days.

BLOCKCHAIN NEWS/CRYPTO NEWS TODAY
Shiba Doge Hybrid Will Surge Over 8,000% Ahead of MEXC Listing, as Shiba Inu and Dogecoin Struggle
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

BY MARK TRAVERS
MAY 12, 2024

Shiba Doge Hybrid (SHIDOGE) could turn early investors into multi-millionaires if it becomes a mainstream coin, like Shiba Inu (SHIB) and Dogecoin (DOGE).

Shiba Doge Hybrid (SHIDOGE), a new Solana memecoin that was launched this week, is poised to explode over 8,000% in price in the coming days.

Dogecoin Jumps After Elon Musk Replaces Twitter Bird With Shiba Inu
This is because SHIDOGE has announced its first centralized exchange listing, which will be on MEXC.

$DOGE

Dogecoin (DOGE) rockets toward potential parabolic growth as whale activity sparks surge in key on-chain metrics

In the past 24 hours, Dogecoin (DOGE) has experienced a significant surge in on-chain activity, with key metrics indicating a potential bullish trajectory for the popular meme cryptocurrency.

According to data from IntoTheBlock, the Large Holders Netflow for Dogecoin has witnessed remarkable growth, shifting from a negative zone to 386 million DOGE during the period under scrutiny.

$DOGE

$DOGE - Long Setup‼️#entretrade
Enter Now or in Between 0.14190 - 0.14220
Take Profits Targets are 🎯
TP1- 0.14290$🎯
TP2- 0.14340$🎯
TP3- 0.14670+$🎯
isolated X20
stop loss 0.13250

$DOGE $DOGE
doge is about to hit 0.2 mark
buy doge hold your doge its time to make profit

doge to the moon 🚀🚀🚀🚀

20 April, The $DOGE day, the 420 day the #meme day

- Elon Musk celebrates the doge day

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.

Here’s What Elon Musk Celebrates as Dogecoin Day Arrives

First Starship launched on 4/20 2023

$DOGE

$DOGE E /USDT
LONG
🛠 Leverage:  -  30x isolated
Entrys : 0.1480/01500
🏆 Targets:-
1⃣  0.01550
2️⃣  0.01570
3⃣ 0.01590
4⃣ 0.01610
5⃣ 0.01630
6⃣ 0.01665
🚫 Stop-Loss:   0.01400

What to do When the market takes a dive, it's easy to feel the pressure to sell. But instead of giving in to panic, consider reframing the situation. This downturn could be your chance to strategically position yourself for future gains. Rather than seeing it as a setback, view it as an opportunity to scoop up promising assets at discounted prices. Remember, the most successful investors are those who stay resilient during turbulent times. So, stay focused, stay patient, and trust that your perseverance will pay off in the long run.

#btc #motivation #hold

$DOGE - Long Setup‼️#entretrade
Enter Now or in Between 0.14980 - 0.14920
Take Profits Targets are 🎯
TP1- 0.14990$🎯
TP2- 0.15240$🎯
TP3- 0.15370+$🎯
isolated X20

stop loss 0.13250

NEW SIGNAL 💲
🟢 LONG : $BEL /USDT
Entry: 0.8990- 0.9010
LEVERAGE ISOLATED 20x
TP1: 0.9090
TP2: 0.9120
TP3: 0.9230
TP4: 0.9325
TP5: 0.9415
TP6: 0.9530
❌ STOP: 0.8780
Use 2.5% Fund In First Entry
Use 2.5% Fund in Second Entry
(Use Trailing SL When in Profit)
$BEL

💲 NEW VIP SIGNAL 💲
🟢 LONG : $BEL /USDT
Entry: 0.8440- 0.8590
LEVERAGE ISOLATED 20x
TP1: 0.8920
TP2: 0.9120
TP3: 0.9230
TP4: 0.9325
TP5: 0.9415
TP6: 0.9530
❌ STOP: 0.8780
Use 2.5% Fund In First Entry
Use 2.5% Fund in Second Entry
(Use Trailing SL When in Profit)
$BEL

#DogecoinPotential

What’s Next for Dogecoin Price After Failing to Hold 50% Fibonacci Support?
Amid the Bitcoin price fall to $60000, the Dogecoin price breaks the 50% retracment level to bolster prolonged downfall.

- The DOGE price break below the 20-and-50-day EMA indicates the near-term trend turns bearish.

- For buyers to regain control over the asset they must maintain the overhead resistance trendline leading to the current correction.

- The 24-hour trading volume in Dogecoin is $1.95 Billion, indicating a 26.5% loss.

Dogecoin Price: Amid the pre-halving correction in the crypto market, the Bitcoin price plunged to a low of $59672 on Wednesday registering a loss of 4.5%. This steady supply pressure prolongs the correction trend for the majority of major altcoins including Dogecoin. With an intraday loss of 5%, the largest meme cryptocurrency by market cap loses the 50% retracement support, indicating the potential for prolonged downfall.

Will Dogecoin Price Lose $0.14 Amid Market Correction?

Dogecoin entered the current correction trend in late March, as the price reverted from the high of $0.288. The bearish downturn plunged the coin value 35% within three weeks to the current trade at $0.14.

The formation of new lower highs and lows signals a change in market sentiment from “buying on dip” to “selling on rallies”. The downsloping trendline in the daily chart acts as dynamic resistance and leads the current projecting of a downtrend. This falling price has recently breached the 50% Fibonacci retracement tool— a key support for buyers to maintain their dominance over the asset.

"By the press time, Dogecoin trades at $0.148, and with a market cap of $21.4 Billion, it maintains its position as the 8th largest cryptocurrency."

Historical trends suggest that Bitcoin typically takes a while to embark on its rally post-halving, and thus altcoins may require even more time before showing bullish momentum. Thus, the potential trend for Dogecoin price for the near term seems sideways.

#doge $DOGE #Memecoins🤑🤑

$OMNI SIGNAL💲
Short : OMNI/USDT
Entry: 24.60/25.30
✅ Leverage Isolated 12x
🎯 Targets: 21.30 - 19.30+
🛑 Stoploss: 26.20
(Use Trailing SL when in profit)

#Memecoins #OMNILAUNCHPOOL #OMNIUSDT #OMNICOIN
$OMNI

$DOGE - Long Setup‼️#enatrade
Enter Now or in Between 0.14260 - 0.14290
Take Profits Targets are 🎯
TP1- 0.14570$🎯
TP2- 0.15560$🎯
TP3- 0.16390$🎯
No Sl Needed!

#Dogecoin‬⁩

Bitcoin halving in

01 DAYS: 22HOURS: 53 MINUTES: 26 SECONDS

Halving Date ETA: 20 April 2024, 06:39 UTC

Event Block Height:
840,000

Current Block Height:
839,741

Block Time:
652.0

Exchange Rate:
USD 60990.4

Market Cap:
BTC 1.20 t

Difficulty:
86.389 t

What's Bitcoin block halving event?

Block halving events happen every 4 years or 210,000 blocks on Bitcoin blockchain. Bitcoin's initial block reward was 50 BTC. The current block reward is 6.25 BTC, the next block reward will be 3.125 BTC. This lowers the rate at which Bitcoins are generated. The halving is periodical and is programmed into Bitcoin's code.

Why was this done?

Conventional FIAT currencies are subject to inflation due to the ability of governments or banks to increase the money supply. Unlike these currencies, Bitcoin has a capped total supply of 21,000,000 BTC, meaning no additional coins can be created beyond this limit. This finite supply, alongside potential changes in demand as more people adopt Bitcoin, positions it similarly to gold - a resource with a limited supply that cannot be artificially increased.

Dogecoin surged to a peak of $0.189 following Elon Musk's endorsement of enabling Tesla purchases with Dogecoin

#$DOGE

Doge experienced a surge of 31.9%, risingfrom $0.076 to $0.101, following Twitter's replacement of its iconic bird logo withthe Shiba Inu dog featured in the Dogecoinlogo.

#$DOGE

7$ 🎁
bP67O9ZHNN

surprise 🫢 🧧
BP9063SGFC

#btc #eth