The current daily chart looks the same as 2020 July. What has happened that month? Well, a guy who has started a viral challenge, claim that "Let's all get rich!" Galante said in a July 2 video. "Dogecoin is practically worthless. There are 800 million TikTok users. Once it hits $1, you'll have $10,000. Tell everyone you know!"
Source: markets.businessinsider.com/news/currencies/dogecoin-price-volumes-skyrocket-viral-tiktok-buying-spree-cryptocurrency-market-2020-7
Not all the time the same things happening in the market, but in the given conditions the chart looks great for it.
Everything is about building a community; Doge has a huge community, but it needs trust.
Can we go deeper?
The bottom looks 0.18 on the three days chart. If the price goes down the 0.16, I think it'll hurt a lot Elon's public image since he is the pr person.
Not investment advice. Good luck on trading!
Source: markets.businessinsider.com/news/currencies/dogecoin-price-volumes-skyrocket-viral-tiktok-buying-spree-cryptocurrency-market-2020-7
Not all the time the same things happening in the market, but in the given conditions the chart looks great for it.
Everything is about building a community; Doge has a huge community, but it needs trust.
Can we go deeper?
The bottom looks 0.18 on the three days chart. If the price goes down the 0.16, I think it'll hurt a lot Elon's public image since he is the pr person.
Not investment advice. Good luck on trading!