剑圣熊猫
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$2.7, that's quite a bold thought!
Dogecoin: Bullish Pattern Drives Price Surge, Target $2.77!
Click on the avatar to watch the live broadcast for the latest market analysis!
Dogecoin (DOGE) has broken through a bullish ascending triangle pattern, with analysts predicting a target price of $2.77. With a surge in whale transactions, over 588 trades exceeding $1 million, market volatility has increased, making Dogecoin's trend a focal point.
Musk Supports Dogecoin Again, Market Sentiment Soars
After the Dogecoin logo was added to the official website of the government efficiency department led by Musk, Dogecoin has sparked renewed discussions. Musk also stated, "We are going to send Dogecoin to Mars!" This remark further fueled market interest and buying enthusiasm. In the past 24 hours, DOGE rose by 2.01% to $0.3778, with a market capitalization of $55.98 billion.
Surge in Whale Transactions, Market Sentiment Heats Up
According to analysis, whale trading volume on the Dogecoin network has skyrocketed, recording 588 trades over $1 million in the past 24 hours, indicating interest from large investors. Despite 400 million DOGE (approximately $137 million) being transferred to Binance, which may trigger short-term sell-offs, investors remain confident in the long-term trend.
Bullish Technical Outlook, Target Price May Reach $2.77
Dogecoin has broken through a bullish ascending triangle pattern, indicating that the upward momentum is likely to continue. Analysts state that the target price for this pattern is $2.77, with significant upside potential at the current price. The effectiveness of the breakout requires continued volume support.
Key Short-Term Support and Resistance
The DOGE/USD 4-hour chart shows the price approaching the lower Bollinger Band at $0.3754, indicating oversold conditions. The key resistance level is at $0.41; breaking this level may trigger a new round of increases.
The future outlook for Dogecoin is promising; if the bullish pattern continues, the $2.77 target is achievable.
Click on the avatar to watch the live broadcast for the latest market analysis!
$DOGE
Click on the avatar to watch the live broadcast for the latest market analysis!
Dogecoin (DOGE) has broken through a bullish ascending triangle pattern, with analysts predicting a target price of $2.77. With a surge in whale transactions, over 588 trades exceeding $1 million, market volatility has increased, making Dogecoin's trend a focal point.
Musk Supports Dogecoin Again, Market Sentiment Soars
After the Dogecoin logo was added to the official website of the government efficiency department led by Musk, Dogecoin has sparked renewed discussions. Musk also stated, "We are going to send Dogecoin to Mars!" This remark further fueled market interest and buying enthusiasm. In the past 24 hours, DOGE rose by 2.01% to $0.3778, with a market capitalization of $55.98 billion.
Surge in Whale Transactions, Market Sentiment Heats Up
According to analysis, whale trading volume on the Dogecoin network has skyrocketed, recording 588 trades over $1 million in the past 24 hours, indicating interest from large investors. Despite 400 million DOGE (approximately $137 million) being transferred to Binance, which may trigger short-term sell-offs, investors remain confident in the long-term trend.
Bullish Technical Outlook, Target Price May Reach $2.77
Dogecoin has broken through a bullish ascending triangle pattern, indicating that the upward momentum is likely to continue. Analysts state that the target price for this pattern is $2.77, with significant upside potential at the current price. The effectiveness of the breakout requires continued volume support.
Key Short-Term Support and Resistance
The DOGE/USD 4-hour chart shows the price approaching the lower Bollinger Band at $0.3754, indicating oversold conditions. The key resistance level is at $0.41; breaking this level may trigger a new round of increases.
The future outlook for Dogecoin is promising; if the bullish pattern continues, the $2.77 target is achievable.
Click on the avatar to watch the live broadcast for the latest market analysis!
$DOGE
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Red must definitely represent victory, right? 😁
$DOGE We are number one! 😅
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So after a day of slow decline, you exploded your long positions, and I estimate that if a big needle is inserted again, it should take off.
$DOGE Everyone is going long, is Lao Ma a fool? I'm giving you money
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The three major benefits have continued to decline for a day, which is unusual and must have a reason; the more it falls, the more positions are added.
#$DOGE
Transaction volume has run out, I feel it’s going to rise. What do you all think?
Sell where there is a lot of discussion, buy where no one cares.
Transaction volume has run out, I feel it’s going to rise. What do you all think?
Sell where there is a lot of discussion, buy where no one cares.
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If this can't take off, what else can take off?
$DOGE coin will be a pioneer in the upcoming rise of the cryptocurrency market
Especially after Elon Musk named the Ministry of Government Efficiency that he heads with the same name as the coin #DOGE
Make sure to keep an appropriate amount of it to ensure that you are
One of the wealthy people of the future
#BTCNextATH? #doge⚡
Especially after Elon Musk named the Ministry of Government Efficiency that he heads with the same name as the coin #DOGE
Make sure to keep an appropriate amount of it to ensure that you are
One of the wealthy people of the future
#BTCNextATH? #doge⚡
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As soon as there is news, go crazy and open long positions, how can it rise?
$DOGE Although I hold doge, I think it is highly likely a scam. There are precedents.
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Long-short ratio three to one, how can it rise, it's unclear how the leverage can rise
$DOGE Such a huge benefit is still being smashed. How can this market still play?
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Isn't it more cost-effective for you to copy that coin of his wife? That one is almost crashing to zero.
Crypto慕白
--
Buying the dip at $TRUMP should be fine
When laying out for spot trading, you need to seize the right moment to buy the dip and catch the market hotspots
Currently, TRUMP is around 36.22, a rebound of over 30% isn't excessive
#TRUMP上线币安现货 #TRUMP市值突破
When laying out for spot trading, you need to seize the right moment to buy the dip and catch the market hotspots
Currently, TRUMP is around 36.22, a rebound of over 30% isn't excessive
#TRUMP上线币安现货 #TRUMP市值突破
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Let's talk after reaching 0.5
#特朗普上任前风向分析
Did you see it? Dogecoin target 1.5
$DOGE
#
Did you see it? Dogecoin target 1.5
$DOGE
#
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Every day there are stories like this to lure newcomers into the pit
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Hey bro, is there still hope for bio? Bought the spot at 0.86.
Ai16z has risen so many times on the chain. The secondary market is just to find more people to take over. Should we continue to chase high prices? Refer to the trend of ACT and appreciate the trading methods of this dealer. Although the team is very rich, they have to sell so much and make money. So don't chase high prices at present. Let's short at a low multiple of 1 layer! It's better to bet on a fall than on an increase! Look at the projects they are playing. Which ACT BAN has not many people? It's clear that ELiza SWARMS is probably also operated by them. The Ai track should be harvested in the near future. Whether it is playing on the chain or taking over the secondary market, you should consider the risks! At this time, if the heat of the sector is over, it will be harvested! While there are still profits, you can go out and layout some projects with strong backgrounds and powerful application empowerment.
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Let's find a reason to do some harvesting.
Quoted content has been removed
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Is this coin's owner you guys? As soon as it's mentioned, it goes up; once it goes up, it immediately drops 😁
财经悟空pro
--
Enter the cow short-term, double low pattern, optimistic about the project party to pull the market
Trump concept is immediately hyped
#BIO开盘 #币安Alpha上新 #币安全球用户突破2.5亿 #比特币走势观察
Trump concept is immediately hyped
#BIO开盘 #币安Alpha上新 #币安全球用户突破2.5亿 #比特币走势观察
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What is this thing?
Bitcoin is about to face a massive sell-off
According to Caixin on January 2, Katie Stockton, founder of independent research provider Fairlead Strategies, believes that Bitcoin's upward momentum after the election has weakened, and a sustained sell-off may occur in the coming weeks, potentially dropping to around $84,500, which is over a 10% decline from current levels. If it continues to fall, the next support level could be around $73,800. The main reason for this is that some technical indicators are showing a bearish trend for Bitcoin in the near future. Bitcoin fell below the 50-day moving average last week, and according to the daily MACD and the 20-day moving average, short-term momentum is currently negative. Although there may be weakness in the short term, Stockton remains optimistic about Bitcoin's long-term prospects, noting that the monthly stochastic indicator and MACD both continue to support a bullish long-term outlook entering the new year.
From a market sentiment perspective, according to Glassnode data, retail investors sold nearly 75,000 BTC in the past 30 days, equivalent to about $7 billion, while Bitcoin whales holding 100 to 1,000 BTC have accumulated over 140,000 BTC. Additionally, according to a report by QCP Capital on December 31, due to weak liquidity, there has been a noticeable gap in BTC spot prices, and any upward rebounds in the past few days have been limited by ongoing selling pressure.
From a macroeconomic perspective, after Trump comes to power in 2025, some of his radical policies may create uncertainty in the global economy, which could also affect the cryptocurrency market.
Overall, Bitcoin's market may primarily experience declines or consolidation in the coming days, but in the long run, some professionals still remain optimistic about its prospects. It is important to note that the Bitcoin market is highly uncertain and risky; the above analysis is for reference only and does not constitute investment advice.
According to Caixin on January 2, Katie Stockton, founder of independent research provider Fairlead Strategies, believes that Bitcoin's upward momentum after the election has weakened, and a sustained sell-off may occur in the coming weeks, potentially dropping to around $84,500, which is over a 10% decline from current levels. If it continues to fall, the next support level could be around $73,800. The main reason for this is that some technical indicators are showing a bearish trend for Bitcoin in the near future. Bitcoin fell below the 50-day moving average last week, and according to the daily MACD and the 20-day moving average, short-term momentum is currently negative. Although there may be weakness in the short term, Stockton remains optimistic about Bitcoin's long-term prospects, noting that the monthly stochastic indicator and MACD both continue to support a bullish long-term outlook entering the new year.
From a market sentiment perspective, according to Glassnode data, retail investors sold nearly 75,000 BTC in the past 30 days, equivalent to about $7 billion, while Bitcoin whales holding 100 to 1,000 BTC have accumulated over 140,000 BTC. Additionally, according to a report by QCP Capital on December 31, due to weak liquidity, there has been a noticeable gap in BTC spot prices, and any upward rebounds in the past few days have been limited by ongoing selling pressure.
From a macroeconomic perspective, after Trump comes to power in 2025, some of his radical policies may create uncertainty in the global economy, which could also affect the cryptocurrency market.
Overall, Bitcoin's market may primarily experience declines or consolidation in the coming days, but in the long run, some professionals still remain optimistic about its prospects. It is important to note that the Bitcoin market is highly uncertain and risky; the above analysis is for reference only and does not constitute investment advice.
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$COW It takes at least five roller coasters to make those people afraid to drive more
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