THE TRUTH ABOUT DOGECOINDogecoin is looking really toppy. As you can see the RSI has peaked out early before a new high which is alarming. I think Doge is in serious trouble here as the meme craze starts to shift into newer memes. If the head and shoulders pattern plays out you're looking at a catastrophic drop down to 2
Key facts today
Recent analysis highlights Dogecoin (DOGE) as having significant potential for growth, with expectations of a 3x to 5x increase in value among altcoins.
Dogecoin (DOGE) experienced a decline in momentum over the past week, aligning with a broader trend of outflows among meme coins.
Key stats
About DogeCoin
Made as a literal joke in 2013 by IBM software engineer Billy Markus and Adobe engineer Jackson Palmer, Dogecoin is now a multi-billion dollar crypto icon… helped partly by ‘Dogefather’ Elon Musk relentlessly tweeting about it for the first half of 2021. The memecoin was conceived via a fork from existing cryptocurrencies Luckycoin and Litecoin, with no hard cap on its supply. Today, apart from deriving value from its meme status, DOGE can be used as a tip on Reddit and Twitter — adding a use case for the token.
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Doge is a LaggerHello I am the Cafe Trader.
Today we are looking at DOGE.
Normally I refuse to look at "Meme Coins" but with a 33 Billion Dollar Market cap, I don't think it falls into it's own category.
Doge, like many Crypto, have come alive. If this is one you are looking at, here are the Keys:
Short Term
DOGEUSD Is that a textbook Livermore Cylinder to $1.5 ??Doge (DOGEUSD) has been trading within a Bullish Megaphone for the majority of its Bull Cycle since the October 09 2023 Low. We may technically claim that this has been so far one massive Accumulation Phase, along with the rest of the altcoin market.
A pattern that draws strong comparisons with tha
Dogecoin - It is all totally expected!🐶Dogecoin ( CRYPTO:DOGEUSD ) will break out soon:
🔎Analysis summary:
Just this month, Dogecoin perfectly retested a significant confluence of support and is starting the expected rejection. With bullish momentum picking up, there is a very high chance that Dogecoin will break the all time hig
DOGEUSD Has reached it's (first?) targetAfter reaching the Centerline, price eitheradvances to the Upper Extreme (U-MLH), or it reverses and it's target is the L-MLH, the lower Extreme of the Fork.
An Open & Close below the Centerline would indicate further progress to the downside.
A stop above the last high with a target around 2 woul
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Frequently Asked Questions
DogeCoin (DOGE) reached its highest price on May 8, 2021 — it amounted to 0.7194800 USD. Find more insights on the DOGE price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
DogeCoin (DOGE) reached the lowest price of 0.0264100 USD on Jan 31, 2021. View more DogeCoin dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying DOGE is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade DOGE right from TradingView charts — just choose a broker and connect to your account.
You can discuss DogeCoin (DOGE) with other users in our public chats, Minds or in the comments to Ideas.