Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: Meta on July 02, 2021, 10:49:58 AM
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Dogecoin’s price chart looks insane now with the recent pump driven by Elon Musk, TikTok, and other mainstream investors, making predicting future price action more difficult now. However, here is a more direct Dogecoin coin forecast using technical analysis across the years 2021, 2022, 2023, 2024, and 2025. Predictions beyond that are too difficult to and are just pure speculation.
source (https://primexbt.com/blog/dogecoin-price-prediction/)
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I think we should jus pay little attentions about these charts because it is a common thing this days. Charts work for a certain degree degree of accuracy on many coin/token prices and should not be a conclusive outcome of the overall market prices movements. The market is currently driven by many factors besides these charts eg speculations, demand/supply, negative news, adoptions etc. Some of these factors play big roll in determining the future prices of coin/token than these charts.
As a matter of facts, dogecoin is constantly driven by the bitcoin prices movement and the Tesla CEO, Elon Musk tweets.
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Dogecoin is a cryptocurrency that exists on its own blockchain network (also referred to as “Dogecoin,” not unlike Bitcoin and Ethereum.) Baby Doge is a token that runs on top of another blockchain's infrastructure.
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The schedule is of course predictable, but not really believe in such Xs in the future
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It is unlikely that the term "technical analysis" applies to Dogecoin. In this case, I think it is better to rely on the background around this coin and follow Elon Musk's tweets.
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The schedule is of course predictable, but not really believe in such Xs in the future
How can you predict Dogecoin price movements in the future using charts, if the current position of this coin and its price are largely pumped up with the help of Elon Musk's tweets? This coin is very unpredictable and has a high degree of investment risk, because at any moment it can go down to its previous price values.
On December 14, Elon Musk even announced that Tesla would accept Dogecoin as payment for their goods. Something I do not see a new jump in prices for this coin.
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Dogecoin soon touches the sky because this is the old coin and also the future of this coin is very good and bright and this time so many peoples will invest their almost money in the dogecoin and also related to the dogecoin also and hold their all coins this time and just they wait for the bull.
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This is hard decision because price of DOGE is always change every time.
This Dogecoin does not need a Technical Analysis because I am sure that this DOGE coin is already supported by everyone.
Even my friend who works as an entrepreneur when he hears DOGE he knows a little, even though he has never bought DOGE coins and he also often says that DOGE is a friend of Bitcoin.
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It's just come up under the 200 day MA and finding resistance, the RSI is diverging and the MACD is starting to weaken.... I think there will be a bit of profit taking at this point.
If it can get over the 200 day MA then it'll go to .22/.24 but then a fall to .09
Elon is a big miner of DOGE and my theory is that he sells it all to fund his mars mission. That would account for the very controlled fall DOGE has taken over the last 11 months. He's been manipulating DOGE and his recent foray into Twitter has got people excited again.
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Dogecoin live price today is $0.134125 USD. Dogecoin became more famous ever since, Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
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Dogecoin was created as memecoin and don't think people will accept memecoin to replaced with bitcoin where elon will manipulate it for own benefit whenever he want. Shouldn’t compare it with bitcoin after seeing some hype and pump. Even people won't follow elon stalemate again without presenting any solid reason to support dogecoin. If doge itself make itself better, then maybe It'll ve valuable in future but after bitcoin of course
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The participation of ElonMusk caused the DOGE price to grow too quickly and surprised every technical analyst. We can track information instead of technical analysis for coin meme like DOGE.
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I've talked to a lot of analysts and learned that if Bitcoin doesn't grow, the price of any coin will never increase. I believe but if the currency market will definitely grow.Moreover, it is never possible to increase the price of this coin.
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This time the price of the Dogecoin is down but i hope soon this coin will touches the high becasue all the market is down this and soon the market make a very good high in future because a big bull is start soon and that time market touches the sky of this coin.