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Dogecoin – Page 11 – BitcoTasks BLOG
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Whales Dive In, But Dogecoin Price Sinks 20%: What’s Going On?

Cryptocurrency Market News

Dogecoin (DOGE), the Shiba Inu-faced darling of the 2021 memecoin frenzy, has found itself shivering in the current crypto winter. Once a symbol of retail investor exuberance, DOGE has plummeted over 70% from its sky-high peak, leaving its future shrouded in uncertainty. DOGE Feels The Crypto Frost While Bitcoin, the heavyweight champion of the crypto…

Whales Dive In, But Dogecoin Price Sinks 20%: What’s Going On? Read More »

Buy Dogecoin Now? Analyst Believes DOGE Is Primed For A Surge

Dogecoin

In an analysis shared via X, crypto analyst Ali Martinez elaborated on the ongoing price correction of Dogecoin (DOGE), positing that it is a consistent precursor to major bull runs, drawing on historical patterns to forecast future price movements. Martinez’s commentary centers on the chart pattern known as the “descending triangle.” This is a bearish…

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Machine Learning Algorithm Predicts Dogecoin Price For May 2024

Dogecoin

As April comes to a bearish close, expectations for Dogecoin in May are not exactly bullish, especially as the crypto market has continued to fall. DOGE has been one of the main losers during this time, falling below $0.14. This underperformance is expected to continue as the machine learning algorithm at CoinCodex predicts further decline…

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Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins

Bitcoin News

On-chain data suggests Bitcoin has recently experienced an influx of investors while Dogecoin, Cardano, and other altcoins have seen a slowdown. Bitcoin Total Amount Of Holders Rise While Altcoins See Flat Movement According to data from the on-chain analytics firm Total Amount of Holders,” which keeps track of the total number of addresses on a…

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Alarm Bells Ring For Dogecoin: Bearish Signal Points To 40% Crash

Dogecoin

Crypto analyst Josh Olszewicz is once again warning of a looming Dogecoin price crash. The analysis hinges on the Ichimoku Cloud, a comprehensive indicator that provides information on support/resistance levels, momentum, and trend direction. Olszewicz’s analysis points to two specific technical phenomena on the 1-day (1D) chart of DOGE against the US dollar (DOGE/USD). Via X,…

Alarm Bells Ring For Dogecoin: Bearish Signal Points To 40% Crash Read More »

Brace For Price Impact: Dogecoin Whales Move Massive 456 Million DOGE To Exchanges

Dogecoin

Recent on-chain data has shown a transfer of 456 million DOGE tokens into crypto exchange Coinbase amidst a flurry of Dogecoin whale transactions across various exchanges in the past 24 hours. The price of DOGE has majorly traded below the $0.165 price level in the past seven days despite the price uptick among other meme…

Brace For Price Impact: Dogecoin Whales Move Massive 456 Million DOGE To Exchanges Read More »

DOGE Price Prediction – Dogecoin Below $0.14 Could Spark Larger Degree Drop

Doge

Dogecoin is struggling to rise above the $0.1650 resistance zone against the US Dollar. DOGE could decline heavily if it settles below the $0.140 support. DOGE is facing many hurdles near the $0.1650 and $0.170 levels against the US dollar. The price is trading below the $0.1620 level and the 100 simple moving average (4…

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Head And Shoulders Alert: Dogecoin Could See A Price Crash Soon

Dogecoin

Crypto analysts are sounding the alarm on Dogecoin as a classic chart pattern, known for predicting bearish trends, has emerged. Technical analyst Josh Olszewicz, @CarpeNoctom, flagged a potential Head and Shoulders (H&S) formation on the DOGE/USD 12-hour chart on X, hinting at a possible significant price drop if the pattern validates. The H&S pattern is…

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Hedge Funds Fall For The Memecoin Frenzy: “Mind-Boggling” Returns Tempt Financial Giants

Meme Coins

In a recent Bloomberg report, it has come to light that the hedge fund industry is increasingly drawn to the allure of the memecoin sector, given the recent price increases and substantial profits that surpass those of Bitcoin (BTC) or the largest altcoins in the market. Memecoin Mania One example of the appeal of memecoins…

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