cryptd.in

另类 LinkedIn 适合加密人才

Dogecoin Ready For $0.3? Analysts Bullish On DOGE Price Breakout Attempt

-

由

于

Over the weekend, Dogecoin (DOGE) soared 11% after the general market performance. The price surge led the dog-themed token to retest key resistance levels, which fueled a bullish prediction by crypto analysts. Investors also shared a positive sentiment following Elon Musk’s recent comments regarding cryptocurrencies and the largest memecoin by market capitalization.

Dogecoin Attempts To Break Above Key Level

During the past week, market watchers have revealed their bullish predictions for the largest memecoin by market cap. Daan Crypto Trades revealed that DOGE was “showing some strength” after trading above the daily 200 MA/EMA last week and testing a multi-month diagonal trendline.

DOGE attempted to break out of the downtrend line again after trading above the $0.134 resistance level in the early hours of Monday. To Daan, Dogecoin’s price could see “higher over the next couple of weeks” if it holds on to the $0.13 area.

Similarly, analyst Crypto Poseidon pointed out that DOGE’s “daily ema50-200 started to squeeze into each other again.” Per the analyst, this will lead to an expansion above the previous yearly high of $0.22. Poseidon added, “$0.3 on the horizon, dog lovers.”

Amid the market recovery, renowned crypto analyst Ali Martinez revealed on Thursday that Dogecoin was playing the same pattern it has displayed before. According to this pattern, DOGE consolidates in a descending triangle.

During the consolidation, the memecoin historically sees a 140%-230% rally before retracing around 60%. Per the analyst, DOGE investors should “just wait” as the memecoin enters the bull run after the retrace.

As of this writing, Dogecoin is hovering between the $0.129 and $0.130 price range, a 0.5% drop in the last 24 hours. However, this performance represents a 7.6% and 5.3% price surge in the biweekly and monthly timeframes.

Elon Musk Won’t Promote Crypto But Has ‘Soft Spot’ For DOGE

On Sunday, Tesla’s CEO Elon Musk joined The X Takeover event hosted by the Tesla Owners Silicon Valley club. Musk made a special virtual guest appearance to discuss his insights on technology, space exploration, sustainability, and cryptocurrencies.

During his appearance, the CEO clarified he would not promote crypto, but might address them jokingly in the future. He also stated he doesn’t have a negative opinion about cryptocurrencies despite his refusal to endorse them.

Musk explained that certain crypto assets, including Bitcoin (BTC), have merit in his eyes, but investors won’t see him pumping them. However, the billionaire added that he got a fondness for Dogecoin due to his liking of dogs and memes.

I’m not going to be promoting crypto—at most, in a joking way. If you see me pumping crypto, it’s not me. I do think there’s merit in Bitcoin and maybe some other cryptos, and I’ve sort of got a soft spot for Dogecoin because I like dogs and memes.

The DOGE community had a mixed reaction to Musk’s remarks. Some investors consider the comments bad news for Dogecoin and its holders as it meant he no longer supported the memecoin’s adoption. “I guess putting Doge on the Moon is not a real thing he’s considering anymore,” one reply read.

Others believe his crypto stance clarification was necessary as some would “think he said he’s against crypto which is not true.” Additionally, many investors considered that his liking for DOGE was bullish for the memecoin.

Following the news, the largest cryptocurrency by market cap saw an 8% price increase, going from the $0.1204 to the $0.1355 range overnight.

评论

发表回复

您的邮箱地址不会被公开。 必填项已用 * 标注

最新信息

热门类别

zh_CN 简体中文
zh_CN 简体中文 en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (445) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (73) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (6) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接，希望与大家分享。