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DOGE.X Dogecoin
324,394
$0.1619
$0.0011
(0.67%)
| Watchers | 324,394 |
| 52-Wk Low | $0.00 |
| 52-Wk High | $0.00 |
Bitcoin Price Prediction For $500,000: Where Will This Put Dogecoin And Shiba Inu?thecoinrise • about 2 hours ago
Bitcoin Price Prediction For $500,000: Where Will This Put Dogecoin And Shiba Inu? The post Bitcoin Price Prediction For $500,000: Where Will This Put Dogecoin And Shiba Inu? appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .
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Dogecoin is moving higher above the $0.160 resistance zone against the US Dollar. DOGE is holding gains and might aim for a move above $0.1650. DOGE price is moving higher above the $0.160 resistance zone. The price is trading above the $0.160 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support near $0.160 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price must settle above $0.1650 to gain bullish momentum and continue higher. Dogecoin Price Holds Support In the past few sessions, Dogecoin price started a steady increase above the $0.1500 zone, like Bitcoin and Ethereum. DOGE bulls were able to push the price above the $0.160 resistance zone. The recent swing high was formed at $0.1646 before the price started a downside correction There was a drop below the $0.1620 support zone. The price spiked below the 23.6% Fib retracement level of the upward move from the $0.1571 swing low to the $0.1646 high. Dogecoin is now trading above the $0.160 level and the 100-hourly simple moving average. There is also a key bullish trend line forming with support near $0.160 on the hourly chart of the DOGE/USD pair. On the upside, the price is facing resistance near the $0.1640 level. The next major resistance is near the $0.1650 level. A close above the $0.1650 resistance might send the price toward the $0.1720 resistance. Any more gains might send the price toward the $0.1750 level. The next major stop for the bulls might be $0.1800. Downside Correction In DOGE? If DOGE’s price fails to gain pace above the $0.1650 level, it could start another decline. Initial support on the downside is near the $0.160 level and the trend line. It is close to the 50% Fib retracement level of the upward move from the $0.1571 swing low to the $0.1646 high. The next major support is near the $0.1580 level. If there is a downside break below the $0.1580 support, the price could decline further. In the stated case, the price might decline toward the $0.1520 level. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.1620, $0.1600 and $0.1580. Major Resistance Levels – $0.1640, $0.1650, and $0.1720.
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Donkey Coin (DONKCOIN) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE). Donkey Coin (DONKCOIN), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE). Early investors in SHIB and DOGE made astronomical returns, and Donkey Coin presents a similar opportunity. Donkey Coin has a market cap below $12,000 at the moment, meaning that when it just reaches a modest market cap of $400,000-$800,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours. The exciting memecoin is poised to rally
As the market pulses with enthusiasm, GameStop shares have surged, accompanied by a notable uptick in meme coin values such as Dogecoin, influenced by its proof-of-work mechanics and bullish market trends. Amidst this vibrant market atmosphere, BlockDAG has distinctly stood out with its recent moon-based keynote, which drove its presale to an impressive $42.2 million. This The post Don’t Lose Focus On GameStop & Dogecoin Rally; Layer 1 BlockDAG Might Pump In June After Moon Keynote appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .
Dogecoin is one of the cryptocurrencies getting a lot of interest from analysts recently. With meme coins expected to outperform once again during this bull cycle, crypto analyst Crypto Kinfolk has pointed out where the Dogecoin price could end up as this bull cycle manifests. Dogecoin Enters Expansion Stage In an analysis posted on the TradingView platform, crypto analyst Crypto Kinfolk laid out a possible scenario that could see the Dogecoin price soar from here. Starting out with a brief history, the crypto analyst highlighted how far the meme coin has come since being created back in 2013 as a joke. Also, having such a long history has made it possible for historical analysis to be drawn for the meme coin. Related Reading: Crypto Analyst Forecasts A 4,000% XRP Price Run To $30, Here’s When One of these historical analyses is how the price of Dogecoin has performed in previous bull markets. In the last two bull markets, meaning the 2017-2018 and 2020-2021 bull markets, the DOGE price saw massive gains of 21,000% and 50,000%, respectively. Given this, a continuation of this trend could suggest that the meme coin could outperform in another bull market. As Crypto Kinfolk points out, Dogecoin has created a habit of mimicking its performance from the last bull cycle. So if there is a repeat, then this bull cycle could be just as explosive as the last, leading to what the analyst calls “a mind melting bull run.” Can DOGE Price Rise To $12 This Bull Cycle? Pointing to the chart, Crypto Kinfolk explains that Dogecoin has finally completed its bear market trend, which is now giving way for recovery. More importantly, the meme coin is breaking out of accumulation, something that is historically bullish for price. As a result of this, the crypto analyst believes that the DOGE price has now entered an “expansion stage.” In this expansion stage, the meme coin is expected to outperform, and even if it replicates just a small percentage of its previous bull runs, its price could quickly rise to unprecedented levels. The first target put forward by the analyst in this stage is $4.20. Hitting this first target would mean an almost 2,500% increase from its current price level of $0.1626 at the time of writing. However, the analyst does not stop there, expecting further outperformance from the meme coin. The second target is a 6,100% increase to hit the $10.10 level. Last but not least, the third target was placed at $12, representing an expected 7,200% increase in price. Related Reading: Crypto Pundit Shares “Inevitable” Prices For Bitcoin And 5 Altcoins “With rumors shooting around the internet that Elon may add DOGE as the local currency for the X platform and this being a real possibility, I think it is counterproductive to think these type of gains are not in the cards,” Crypto Kinfolk concluded. Featured image created with Dall.E, chart from Tradingview.com
Investing Cat could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Investing Cat (INVESCAT), a new Solana memecoin that was launched today, is poised to explode over 14,000% in price in the coming days. This is because INVESCAT has announced its first centralized exchange listing, which will be on KuCoin. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Investing Cat can only be purchased via Solana decentralized exchanges, like Jupiter and Raydium, and early investors stand to make
Crypto exchange Bybit recently released a report highlighting how much institutional investors have invested in meme coins such as Dogecoin and Shiba Inu. The platform revealed that these investors have been actively trading these meme coins since the start of the year and noted what specific meme coins they are currently holding. How Institutional Investors
Crypto analyst Crypto Kaleo has laid out a bullish narrative for Dogecoin (DOGE), revealing how well the foremost meme coin could perform in this bull run. He also suggested that there was no need to worry about Dogecoin’s current price action, which paints a bearish outlook for the meme coin. Dogecoin Will Outpace Bitcoin In This Market Cycle Crypto Kaleo mentioned in an X (formerly Twitter) post that he has “an insanely high conviction” that Dogecoin will “outpace” Bitcoin in this market cycle. He made this statement while revealing that he is also bullish on the flagship crypto. Given how high Bitcoin is expected to rise in this bull run, this undoubtedly paints an ultra-bullish narrative for the foremost meme coin. Related Reading: Bitcoin Gets Massive $500,000 Price Tag From Billionaire, Here’s Why From the chart he shared, Crypto Kaleo predicts that Dogecoin could rise over 200% against its Bitcoin pair and climb to as high as $0.55. He is convinced that Dogecoin can make such a run because he claims the market is in a “meme super cycle.”As such, he remarked that the “king of memes won’t be left behind.” Despite this being a meme super cycle like Crypto Kaleo claims, Dogecoin’s price has continued to lag compared to other meme coins. However, the analyst suggested that DOGE’s current price action is normal, stating that the meme coin “moves sideways for extended periods, followed by rapid vertical growth.” In an earlier X post, the analyst suggested that this “rapid vertical growth” could happen once GameStop’s (GME) stock tops. He drew a correlation between both assets, noting that Dogecoin’s price rallied in the 2021 bull run after GME topped. He expects something similar to happen this time, especially with Roaring Kitty’s return. Meanwhile, Crypto Kaleo isn’t the only one who believes that Dogecoin can outperform Bitcoin in this market cycle. Crypto analyst Don Alt also seems to hold this belief as he previously suggested that Dogecoin was a better investment than Bitcoin based on his claim that Dogecoin can rise to as high as $2 in this bull run. DOGE Going To Go Parabolic Later This Year Crypto analyst Altcoin Sherpa has also offered a bullish narrative for Dogecoin. In a recent X post, he stated that the foremost meme coin “is going to do something stupid later this year,” suggesting that a parabolic rise was on the horizon for Dogecoin. He added that Dogecoin is still one of the “safest trades” anyone can make in this cycle. Related Reading: Crypto Analyst Forecasts A 4,000% XRP Price Run To $30, Here’s When He also seems to believe that Dogecoin can outperform Bitcoin in this cycle, noting in another X post that Dogecoin was one of the few altcoins that increased and held above their Bitcoin pair in the 2021 bull run. He added that these altcoins “are for this cycle” and that crypto investors should keep this in mind. Featured image created with Dall.E, chart from Tradingview.com
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