Tag: Dogecoin

Why The Dogecoin And Meme Coin Rally May Not Be Over Just Yet

boss

Dogecoin is still riding the wave of the hype that came with the completion of the deal between Elon Musk and the social media platform Twitter. The meme coin had been able to rally towards six-month highs and broke several major resistance levels along the way. Even now, the rally in the price of the digital asset is expected to continue and in doing so, it will take the entire meme coin sector with it. Meme Coins Follow Dogecoin Over the last week, meme coins have stuck closely to Dogecoin’s…

Dogecoin (DOGE) Manipulated By Whales? A Look Off / On-Chain

boss

The Dogecoin (DOGE) price has had an incredible weekend. Following Elon Musk’s confirmed Twitter acquisition, the DOGE price jumped 95% over the last seven days. The memecoin exploded to over $0.14 at times and is currently sitting at about $0.11. Musk’s gigantic influence on the DOGE price is an old acquaintance for the crypto market. Over the past few years, the Tesla and SpaceX CEO kept moving the price with his statements. But since the Twitter acquisition, he has gone quiet. Musk has not mentioned Dogecoin since the deal was…

Dogecoin (DOGE) Mammoth Rally Takes Break, Why Dips Turned Attractive

Dogecoin surged over 100% and broke $0.12 against the US Dollar. DOGE is correcting gains, but dips might be limited below the $0.10 level. DOGE extended its rally and it cleared the $0.1000 and $0.1200 resistance levels against the US dollar. The price is trading well above the $0.1000 zone and the 100-day simple moving average. There was a break above a major bearish trend line with resistance near $0.070 on the daily chart of the DOGE/USD pair (data source from Kraken). The pair is correcting gains, but the bulls…

62% of Dogecoin hodlers in profit amid hopes of Twitter integration

boss

Tesla CEO and billionaire Elon Musk’s acquisition of Twitter has tipped 62% of Dogecoin (DOGE) investors into profit, amid speculation that Musk’s Twitter-buy will be positive for the meme token. DOGE’s price rallied on Oct. 26 when billionaire entrepreneur Elon Musk changed his Twitter bio to “Chief of Twit” — the same day he visited Twitter’s San Francisco-based headquarters before officially closing the deal as the new owner on Oct. 28. In the past seven days, DOGE’s price has surged 98.5% to $0.119 at the time of writing, according to CoinGecko.…

Veteran Trader Peter Brandt Says Dogecoin Bear Market Has Ended – Markets and Prices Bitcoin News

boss

Veteran trader Peter Brandt says the dogecoin bear market that began in May last year has ended. His comment came after the price of dogecoin soared following Tesla CEO Elon Musk’s acquisition of the social media platform Twitter. Peter Brandt on Dogecoin Outlook Veteran trader Peter Brandt shared his analysis of dogecoin (DOGE) Sunday. Brandt has been a futures and FX career trader since 1975. He is a chartist and the author of the Factor Report. He trades a variety of markets, including Dow futures, bonds, corn, crude oil, European…

Dogecoin Continues To Thrive With Over 93% Gains

boss

October has been a bullish month for Dogecoin as the “Dogefather,” Elon Musk, takes over Twitter. Despite trading in the red at press time, the meme coin still holds over 90% gains. There has also been a rise in demand for the asset. This surge comes as many anticipate that DOGE would gain value due to Musk’s purchase of the social media giant. Dogecoin’s price increased from $0.05 on October 23 to $0.11 today, October 30, a gain of 93.%. In addition, the weekly DOGE chart reveals that the price…

Dogecoin Replaces Cardano as 6th Largest Cryptocurrency

With the rally to six-month highs, DOGE has replaced Ethereum competitor Cardano’s native token ADA as the sixth largest cryptocurrency in the world. At press time, DOGE, which was started as a joke in 2013, had a market cap of about 17.5 billion, while ADA had a market value of $14.5 billion. DOGE’s market cap currently exceeds that of more than 120 members of the S&P 500. Source

Dogecoin price rallies 150% in 4 days, but DOGE now most ‘overbought’ since April 2021

boss

The Dogecoin (DOGE) price rally extended further on Oct. 29 in hopes that the cryptocurrency would get a major boost from Elon Musk’s Twitter acquisition. Elon Musk boosts Dogecoin price again Dogecoin price jumped by nearly 75% to reach $0.146 on Oct. 29, the biggest daily gain since April 2021. DOGE/USD daily price chart. Source: TradingView Notably, the meme-coin’s massive intraday rally came as a part of a broader uptrend that started earlier this week on Oct. 25. In total, DOGE’s price gained 150% during the Oct. 25-29 price rally.…

Dogecoin Records 10-Week Peak, ETH Gains Momentum And Other Altcoins Gain

boss

A lot of positive price movement kicked off recently; the crypto market is enjoying a bullish run as Dogecoin and Bitcoin jumped beyond the previous levels, which had become a feat seemingly unachievable. Ethereum also recorded some gains for the first time after its merge. However, recall that the upgrade was already priced in before it took place. So, while many investors expected the number two crypto to gain, ETH plummeted from above $1,500 to sit at $1,300 for a long time. Other altcoins weren’t performing better following the continuous…