Doge has recently broken down from support and appears to be "bleeding out" to new lows. What's interest about this is something very similar occurred last time Bitcoin broke its previous all time high. At the time, that was about $1,100.
Will be watching for two things to occur:
DOGE consolidates on prior support of 15 sats
Dogecoin (DOGE) is projected to move 387x in price and achieve dollar parity by March.
The events that will launch the price action are that Elon Musk will announce (he does not know it himself yet) on November 3rd right as elections are finishing that he will instate DOGE as main currency on his Mars colony, because of the election outcome the earth will be...
Dogecoin (DOGE) is an open-source peer-to-peer cryptocurrency reported to be "favored by all Shiba inus worldwide". As a fork of the source-code of Litecoin (LTC), its first block was mined in December 2013.
To prevent competition with Litecoin's mining pools (also using the Scrypt hashing function), Dogecoin (DOGE) transitioned to Auxiliary Proof of Work...
I do not think I have ever spoken about Dogecoin. But truly this coin is like a family favorite.
Just have a look at this weekly chart and I can say is every time the MFI is oversold on the weekly it does not take long before it shoots up.
Look at what happens in this past. The MFI signals Green and Bamm.
Also take not at the future projection in yellow. This...
Dogecoin (DOGEBTC) continues trading within the "accumulation zone"... Every day that passes we get closer to a bullish breakout.
Right now the MACD supports a bullish move and the RSI is looking good.
Both indicators are still showing some weakness, not fully bullish but starting to move in favor of the bulls.
With prices moving above EMA10 after 3 months of...
Approaching Horizontal support line and it has been holding and giving bounce from almost half a decade now .
IMHO risk is very limited not and reward can be seen from charts .
i am accumulating from 21 to 17 sats .