Dogecoin Price Prediction: Chart Signals Explode – DOGE Targets $1
2DOGE
Dogecoin
Price Prediction
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
With its chart moving into a hugely bullish position, here's why the Dogecoin price prediction is looking so good right now.
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Author
Simon Chandler
Author
Simon Chandler
About Author
Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...
Author Profile
Share
Copied
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
1 hour ago
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
The Dogecoin price prediction has taken a serious blow today, with the meme token’s fall to $0.2643 marking a 7% decline in 24 hours.
This sudden drop comes after a positive couple of weeks for DOGE, which remains up by 14% in seven days and by 21% in a fortnight.
While DOGE has fallen along with other meme coins today, Dogecoin’s chart has moved into a hugely bullish position, where it’s about to test a key resistance level.
And with DOGE remaining one of the most popular meme tokens in the market, it could potentially end the year at new record highs.
Dogecoin Price Prediction: Chart Signals Explode – DOGE Targets $1 and Beyond.
If we look at Dogecoin’s 1-day chart, we see that it’s getting very close to the $0.33 level, a price which it last hit at the end of January.
If it can clear this level, it could begin a climb to $0.466, its highest level within the past 12 months.
Its indicators would suggest, however, that more losses may be coming in the near term.
For instance, its relative strength index (yellow) has dropped from a high 75 on Saturday to just under 60 today, and this indicator may continue declining.
Something similar applies to the MACD (orange, blue), which also peaked over the weekend, and which is now losing steam.
Given that the Dogecoin price had risen to almost $0.30 on Saturday, it seems that some shorter term holders are already taking profits.
It’s clear that some whales had taken the opportunity to sell (some of) their...
https://cryptonews.com/news/dogecoin-price-prediction-chart-signals-explode-doge-targets-1-and-beyond/
#crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple