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Author Topic: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1  (Read 10520 times)

Offline coingabbarmarket

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Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« on: October 31, 2023, 12:29:15 PM »
Dogecoin's Bullish Potential Grows as It Breaks Out
Dogecoin (DOGE) shows high potential as it breaks out from a multiyear descending triangle pattern on the weekly chart. The TD Sequential indicator's buy signal increases the optimism.

The current price of DOGE is $0.06876 and its long-term goal is $1. It might rise to $0.739 in the coming months. There may be a bullish breakout based on increased whale participation and wallet activity.

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Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« on: October 31, 2023, 12:29:15 PM »

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aiviaa485

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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #1 on: December 21, 2023, 08:55:08 AM »
Doge 1 USD ??
This is very ridiculous and it would be very strange if it was true that Doge could penetrate the price of 1 USD.
This phenomenal coin with the Dog symbol is widely used by various platforms for playing games and having fun.
However, Doge is also a cryptocurrency coin that is not tied to anyone and is very decentralized, so Doge coins could one day cost 1 USD. I would be very happy if Doge could reach 1 USD because I HodL a little DOGE which is definitely enough to buy milk and diapers for my child for 2 years.

IyemRoker

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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #2 on: December 25, 2023, 03:16:50 PM »
I have a few DOGE coins at the local CEX and I store them in the Flexible Savings section which has an APY value of around 2%, and in my opinion an APY of 2% for DOGE coins is quite good, considering the supply of DOGE coins is so large.
I only have a little DOGE coin and I also have a little Fiat but if DOGE gets to $1 then the result will definitely be a profit for me since the first HodL of DOGE coin.
If I had 1,000,000 DOGE coins and it broke the price of $1, I would definitely have $1,000,000 worth of money, that's huge, my friend!

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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #3 on: January 09, 2024, 12:43:34 PM »
I have a few DOGE coins at the local CEX and I store them in the Flexible Savings section which has an APY value of around 2%, and in my opinion an APY of 2% for DOGE coins is quite good, considering the supply of DOGE coins is so large.
I only have a little DOGE coin and I also have a little Fiat but if DOGE gets to $1 then the result will definitely be a profit for me since the first HodL of DOGE coin.
If I had 1,000,000 DOGE coins and it broke the price of $1, I would definitely have $1,000,000 worth of money, that's huge, my friend!
Of course everyone will hope the same as what you say, especially those who have been holding Doge for a long time, but with the ATH price at $0.7376, of course there will always be surprises that can happen, and it is not impossible for Doge to do so. The best price has been around for quite a long time, and indeed, if we follow a 4-year period and if it is influenced by Bitcoin, it is not impossible that a price of $1 could be realized in 2025.It's amazing that when you hold it and have a doge of 1,000,000 and the price can reach $1, of course you will become a new millionaire by being able to reap $1,000,000 that you probably never thought you could get. I hope that hope can come true, and there will always be a possibility if you really have a handle.

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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #4 on: January 12, 2024, 02:27:18 PM »
Dogecoin's Bullish Potential Grows as It Breaks Out
Dogecoin (DOGE) shows high potential as it breaks out from a multiyear descending triangle pattern on the weekly chart. The TD Sequential indicator's buy signal increases the optimism.

The current price of DOGE is $0.06876 and its long-term goal is $1. It might rise to $0.739 in the coming months. There may be a bullish breakout based on increased whale participation and wallet activity.
I think that is exaggerated mate , because i believe it may reached 1 dollar in the future or 10 years
from now but hyping to 73 cents just in a couple of months>?
meaning this will happen after halving ? not sure about that mate and I doubt that it will even be
 possible , try not to turn your self into lots of expectations because you migth end up either a loser or a
total failure in this investments.

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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #5 on: January 16, 2024, 08:01:15 AM »
Dogecoin's Bullish Potential Grows as It Breaks Out
Dogecoin (DOGE) shows high potential as it breaks out from a multiyear descending triangle pattern on the weekly chart. The TD Sequential indicator's buy signal increases the optimism.

The current price of DOGE is $0.06876 and its long-term goal is $1. It might rise to $0.739 in the coming months. There may be a bullish breakout based on increased whale participation and wallet activity.
Your forecasts are mostly like fantasies )))) well you can not just write and hope that some coin just like that will grow 10 times and then once again will grow almost 10 times, it looks more like guessing and not a forecast that is supported by something.
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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #6 on: January 16, 2024, 09:28:47 AM »
The current price of DOGE is $0.06876 and its long-term goal is $1. It might rise to $0.739 in the coming months. There may be a bullish breakout based on increased whale participation and wallet activity.
Dogecoin has the potential to reach $1 but only if an influencer like Elon Musk starts supporting it again. It will create hope in the minds of the other investors as well and they might again try to invest in Dogecoin in hopes that it can go to $1 or surpass that value.

I would personally say that Doge Coin has potential to give 2x to 4x profits in this bull run. In theory it can reach $0.7 once again but I highly doubt that especially in this bull run. Maybe in next bull run $1 would be an easy target for Doge.
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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #6 on: January 16, 2024, 09:28:47 AM »


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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #7 on: January 21, 2024, 03:31:46 AM »
- The current price of DOGE is $0.06876 and its long-term goal is $1. -
As long as Bitcoin will rise the price, doge coins will also rise in price because usually this Doge coin follows the price of Bitcoin.
I will just assume like a dream in broad daylight:
-Bitcoin the price increases to 200,000 USD, 5x from the current price of 40,000 USD.
-Altcoins usually go up 10x from the initial price, there may be severe dumps or even more than 10x to rise in prices.
-Doge If the current price is around 0.08 USD, then the 10x is 0.8 USD, there is still a lack of 0.2 USD.

It is very likely that it can be achieved for doge coins can touch the price of 1 USD because the count of 10x also from the current price is not up to 1 USD and stuck at 0.8 USD.
The problem is, what news must be for doge coins so they can go up to the price of 1 USD ??
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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #8 on: January 21, 2024, 07:52:39 AM »
Dogecoin has the potential to reach $1 but only if an influencer like Elon Musk starts supporting it again. It will create hope in the minds of the other investors as well and they might again try to invest in Dogecoin in hopes that it can go to $1 or surpass that value.

I would personally say that Doge Coin has potential to give 2x to 4x profits in this bull run. In theory it can reach $0.7 once again but I highly doubt that especially in this bull run. Maybe in next bull run $1 would be an easy target for Doge.
It's not easy to reach $1, but it's also not a difficult thing to do. As you said, the influence of Elon Musk is very much expected with the movement of the doge. Of course, that makes sense because so far the doge has been able to increase because of his influence. But if Elon Musk doesn't do anything later, will Doge be able to achieve it? With the current price at $0.008, it is certainly not easy to do if you rely on the community in Doge because trading is not very active, but we are waiting for the end of this year.
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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #9 on: January 21, 2024, 08:30:34 AM »
But if Elon Musk doesn't do anything later, will Doge be able to achieve it? With the current price at $0.008, it is certainly not easy to do if you rely on the community in Doge because trading is not very active, but we are waiting for the end of this year.
I'm very sure that without any interference from Elon Musk Doge won't give any profits even at the peak of this bull run. That meme coin needs support of someone like Elon Musk or another businessmen who might promote it otherwise it won't get attention of the investors and the price won't move that much.
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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #10 on: January 25, 2024, 10:33:44 AM »
But if Elon Musk doesn't do anything later, will Doge be able to achieve it? With the current price at $0.008, it is certainly not easy to do if you rely on the community in Doge because trading is not very active, but we are waiting for the end of this year.
I'm very sure that without any interference from Elon Musk Doge won't give any profits even at the peak of this bull run. That meme coin needs support of someone like Elon Musk or another businessmen who might promote it otherwise it won't get attention of the investors and the price won't move that much.
The same belief as what you said is that Doge relies too much on Elon Musk to increase its price; of course, this is not something that is very good for Doge.As I said, even though Doge's ranking is on the best list in the CMC, it can't be something to be proud of if Doge doesn't strengthen its community to be able to mobilise Doge. Indeed, there must be movement for Doge to be attractive and continue to be traded so that it can create enough demand to cause prices to increase, but if you only rely on Elon Musk, you certainly won't be able to compete.
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Offline SamReomo

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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #11 on: January 26, 2024, 06:13:19 PM »
Indeed, there must be movement for Doge to be attractive and continue to be traded so that it can create enough demand to cause prices to increase, but if you only rely on Elon Musk, you certainly won't be able to compete.
Doge was basically created as a Meme coin by the developer but it reached those peak values in its last round ATH because of the Elon Musk's involvement in it. It's not a coin like Bitcoin that could do well without someone push and again if Elon Musk or someone similar doesn't promote Doge in this bull run then the chances of it gaining value is going to be low always.

I know Doge isn't a bad coin in fact it's a good coin but it was basically created as a meme coin and has huge supply. If supply of a coin is high then it's growth can't be much high because the whole marketcap of the coin has to grow in value in order to push the coin's value.
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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #12 on: January 27, 2024, 12:46:48 AM »
Doge is a very solid mining coin it has turned mining profits year after year. 
I have seen a good profit mining it the last 5 years.
I make more profits with L7 units per watts than I do with s19 mining btc.

« Last Edit: January 27, 2024, 12:50:47 AM by philipma1957 »
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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #13 on: January 27, 2024, 01:40:02 PM »
Doge is a very solid mining coin it has turned mining profits year after year. 
I have seen a good profit mining it the last 5 years.
I make more profits with L7 units per watts than I do with s19 mining btc.

Doge price skyrocketed a few years ago , so your profits were really high.

But doge is riskier than other coins imo. It may not hold its value in long term. It's a meme coin.
Do you hold the doge you mine? Or you just swap them to usdt or something else?

Why would doge be better than ltc in your opinion?
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Re: Dogecoin Breaks Out of Multiyear Pattern, Bulls Eye $1
« Reply #14 on: January 27, 2024, 04:16:37 PM »
But doge is riskier than other coins imo. It may not hold its value in long term. It's a meme coin.

For a coin that has been around from 2013 it seems like it's holding pretty well, as for meme material:


When you have twice the usage of BTC and surpasses ETH I'm starting to think it's not just a meme, and more like a real coin with real world utility.
After all, remember when the fees hit 100sat/vb? What coins were pushed as an alterative? LTC and DOGE!

Ps, you merge mine LTC and Doge, that's one of the reason for last years profits and why some miners love it!


 

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