Xarabek
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

    Best Crypto Airdrop Twitter Channels to Follow in 2023; Here’s the Top 5 List

    Best Crypto Airdrop Twitter Channels to Follow in 2023; Here’s the Top 5 List

    Top 10 Online Forums for Crypto Enthusiasts To Join In Jan 2023

    Top 10 Online Forums for Crypto Enthusiasts To Join In Jan 2023

  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

  • Play2Earn
    Axie Wraps up Homeland Season 0

    Axie Wraps up Homeland Season 0

    Gala Games 2023 Roadmap – Play to Earn

    Gala Games 2023 Roadmap – Play to Earn

    The Harvest Launches Open Beta

    The Harvest Launches Open Beta

    Project Red Opens Public Alpha

    Project Red Opens Public Alpha

    The Sandbox Hosts WBDD Release Party Event

    The Sandbox Hosts WBDD Release Party Event

    Continuum World First Explorer Launch

    Continuum World First Explorer Launch

    Build and Earn with VoxEdit and Blankos

    Build and Earn with VoxEdit and Blankos

    Axie Lunar New Year and Budget Axies Events

    Axie Lunar New Year and Budget Axies Events

    Voxie Tactics Reveals Upcoming Changes

    Voxie Tactics Reveals Upcoming Changes

  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop
No Result
View All Result
Xarabek
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

    Best Crypto Airdrop Twitter Channels to Follow in 2023; Here’s the Top 5 List

    Best Crypto Airdrop Twitter Channels to Follow in 2023; Here’s the Top 5 List

    Top 10 Online Forums for Crypto Enthusiasts To Join In Jan 2023

    Top 10 Online Forums for Crypto Enthusiasts To Join In Jan 2023

  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

  • Play2Earn
    Axie Wraps up Homeland Season 0

    Axie Wraps up Homeland Season 0

    Gala Games 2023 Roadmap – Play to Earn

    Gala Games 2023 Roadmap – Play to Earn

    The Harvest Launches Open Beta

    The Harvest Launches Open Beta

    Project Red Opens Public Alpha

    Project Red Opens Public Alpha

    The Sandbox Hosts WBDD Release Party Event

    The Sandbox Hosts WBDD Release Party Event

    Continuum World First Explorer Launch

    Continuum World First Explorer Launch

    Build and Earn with VoxEdit and Blankos

    Build and Earn with VoxEdit and Blankos

    Axie Lunar New Year and Budget Axies Events

    Axie Lunar New Year and Budget Axies Events

    Voxie Tactics Reveals Upcoming Changes

    Voxie Tactics Reveals Upcoming Changes

  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop
No Result
View All Result
Xarabek
No Result
View All Result

Looking into Dogecoin’s near-term trajectory, before another spike

2021-11-03
in Altcoins
0
Looking into Dogecoin’s near-term trajectory, before another spike
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Dogecoin was cooling off from a two and a half month excessive at $0.340, following a 24% surge noticed over the previous week. With the RSI nonetheless buying and selling above its backside trendline, DOGE’s long run outlook was nonetheless favorable. Nonetheless, its near-term trajectory was questionable after the value threatened to shut under its 20-SMA (crimson).

In that case, DOGE would possible go to its 200-SMA (inexperienced) earlier than commencing on the subsequent upcycle. On the time of writing, DOGE traded at $0.272, up by 2% during the last 24 hours.

Dogecoin 4-hour Chart

Supply: DOGE/USD, TradingView

DOGE has seen a number of mini rallies since late-September. Throughout October, DOGE has registered jumps of 41%, 31% and 54% following a risk-on broader market. Whereas these positive aspects had been fairly distant from these seen throughout early Could, they’ve allowed DOGE to take care of its prime 10 rating, following latest entries of Solana and Shiba Inu.

You might also like

Dogecoin Records Massive Whale Accumulation After Twitter Payment Update

Will This Help Terra Classic’s (LUNC) Crypto Price To 5X?

XRP Price Dump Alert? Whales Caught Moving Mlns Of XRP

After its newest surge, DOGE suffered a ten% drawdown over the previous few days as traders cashed of their positive aspects. If weak point persists within the DOGE market, its worth might prolong decrease and check its 200-SMA (inexperienced). This lengthy term-moving common line might present impetus for an upwards run, particularly because it coincided with the Seen Vary’s POC and a assist zone of $0.245.

Through the upcycle, fast targets lay at $0.320 and $0.352. This represented a 50% pickup from DOGE’s 200-SMA. In the meantime, a extra long run goal rested at $0.445.

On the flip aspect, short-sellers might provoke extra retracement ought to DOGE weaken under its 200-SMA. Assist strains of $0.193 and $0.163 may very well be examined in such a situation.

Reasoning 

Possibilities of a prolonged decline had been fairly low, contemplating that the every day RSI nonetheless traded above its backside trendline. The truth is, bulls have pulled DOGE’s strings all through October, because the RSI remained above 45-50 always all through the month. The Directional Motion Index offered no massive threats as properly. Nonetheless, the Superior Oscillator did line up some near-term losses after registering a collection of crimson bars.

Conclusion 

DOGE was anticipated to tag its 200-SMA (inexperienced) following indicators of near-term weak point. Nonetheless, a powerful assist line of $0.245, consisting of this long run shifting common line, might permit bulls to offer a swift counterattack. Focus ought to then transfer on to fast targets current at $0.320 and $0.352.

Source link

Tags: Dogecoinsneartermspiketrajectory
Share30Tweet19

Recommended For You

Dogecoin Records Massive Whale Accumulation After Twitter Payment Update

2023-02-01
0
ChatGPT Sings Praises for Dogecoin In the New Poem

Whales transferred massive quantities of Dogecoin (DOGE) amid reviews claiming Elon Musk began making use of for regulatory licenses within the U.S. for Twitter funds. The Dogecoin group...

Read more

Will This Help Terra Classic’s (LUNC) Crypto Price To 5X?

2023-02-01
0
Will This Help Terra Classic’s (LUNC) Crypto Price To 5X?

The Terra Traditional (LUNC) value reversed its downward pattern barely into the brand new yr and attracted some reasonable shopping for near the extent of $0.0001530. Over the...

Read more

XRP Price Dump Alert? Whales Caught Moving Mlns Of XRP

2023-01-31
0
XRP Price Dump Alert? Whales Caught Moving Mlns Of XRP

XRP Worth Information: Amid the crypto winter and the Ripple lawsuit saga, XRP is slowly shedding its momentum. Nevertheless, the most recent whale information depicts that whales are...

Read more

Terra Classic Project Burns 16 Million LUNC Tokens, Becomes Top Burner

2023-01-31
0
Terra Classic (LUNC) Price Reaches $0.0005 Target, Enters Top 30

Terra Traditional challenge Cremation Coin burned 16,455,507 LUNC tokens on Tuesday. With the newest burn, the newly launched challenge has burned over 28.6 million LUNC tokens in lower...

Read more

Cardano’s Stablecoin DJED Faces Same Fate As Luna’s UST?

2023-01-31
0
Cardano’s Stablecoin DJED Faces Same Fate As Luna’s UST?

On January 31, layer-one protocol COTI formally launched DJED, the native stablecoin for the Cardano (ADA) community. The introduction of the Djed stablecoin is anticipated to extend the...

Read more
Next Post
Chinese Tech Titans’ Digital Collectibles Pledge Involves ‘Fighting Crypto’

Chinese Tech Titans’ Digital Collectibles Pledge Involves ‘Fighting Crypto’

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Ethereum’s post-Merge blues: Will ETH finally be able to get out of it?

Ethereum’s post-Merge blues: Will ETH finally be able to get out of it?

2022-10-02
Ethereum (ETH) Shifts To High Gear

Ethereum (ETH) Shifts To High Gear

2022-07-07
Iconic James Bond ‘007’ franchise jumps on the NFT bandwagon

Iconic James Bond ‘007’ franchise jumps on the NFT bandwagon

2021-09-28

Browse by Category

  • Altcoins
  • Analysis
  • Bitcoin
  • Crypto
  • DeFi
  • Education
  • Ethereum
  • Investment
  • Learn About Crypto
  • NC
  • NFT
  • Play2Earn
  • Strategy
  • Uncategorized

ABOUT US

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Investment, Market, and more.

Referall

https://bit.ly/2Y2f9sP

CATEGORIES

  • Altcoins
  • Analysis
  • Bitcoin
  • Crypto
  • DeFi
  • Education
  • Ethereum
  • Investment
  • Learn About Crypto
  • NC
  • NFT
  • Play2Earn
  • Strategy
  • Uncategorized

NEWSLETTER

  • Contact
  • Terms & Conditions
  • Privacy Policy

© 2021 Xarabek - All rights reserved

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
  • Analysis
  • Play2Earn
  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop

© 2021 Xarabek - All rights reserved

  • RelevantRelevant(REL)$0.825.35%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • B20B20(B20)$0.4507925.62%
  • BitballBitball(BTB)$0.0019770.37%
  • CornichonCornichon(CORN)$0.073096-0.86%
  • MoonToolsMoonTools(MOONS)$13.810.00%
  • StacyStacy(STACY)$0.0007100.00%
  • Lunch MoneyLunch Money(LMY)$0.0004180.00%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003679-6.88%