Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: Rakin343 on May 09, 2021, 11:53:40 PM
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On May 3, the DOGE price broke the resistance at $0.45 after an impressive bullish run. The altcoin is approaching a high of $0.75.
The resistance was retested thrice before the occurrence of a breakout. On April 23, the bears intended to sink Dogecoin to a $0.15 low. The candlestick on that date bears a long tail.
The long tail indicates that there is strong buying pressure above the $0.15 support. Fortunately, the bulls bought the dips which catapulted the coins to rally above $0.70. Further upsides are possible as the bullish momentum is likely to extend to the high of $1.05. However, further upsides are doubtful as the price indicators have shown an overbought condition of Dogecoin. Source (https://cryptonews.net/622302/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
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The way DOGE coin was going to grow was the idea that everyone would probably hit $1 in a while. But after the maximum was 0.75$ it did a lot of dumping and came down to 0.40$. The cryptocurrency market is never stable. There will be a lot of dumping at one time and a lot of pumping all of a sudden. But doge coins must reach $1.
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The way the price of dogecoins increased a few days ago, I thought dogecoins would soon reach $1. But in the middle of the Bitcoin market, the value of the dogecoin has gone bad.But since it is currently The value of bitcoin is increasing so it can be said that the value of doge coin.
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On May 3, the DOGE price broke the resistance at $0.45 after an impressive bullish run. The altcoin is approaching a high of $0.75.
The resistance was retested thrice before the occurrence of a breakout. On April 23, the bears intended to sink Dogecoin to a $0.15 low. The candlestick on that date bears a long tail.
The long tail indicates that there is strong buying pressure above the $0.15 support. Fortunately, the bulls bought the dips which catapulted the coins to rally above $0.70. Further upsides are possible as the bullish momentum is likely to extend to the high of $1.05. However, further upsides are doubtful as the price indicators have shown an overbought condition of Dogecoin. Source (https://cryptonews.net/622302/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
I think doge will touch $1.05 again..By seeing the progress of dogecoin now, It will be.
Elon musk always support this coin.
After bitcoin and altcoins have big dump, I have bought more doge and hold.
Dogecoin price is 0.36 $.
It's too easy to hit $ 1 again. Let's see.