|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Dogecoin (DOGE) Primed for a Price Boost as Metrics Signal Bullish Breakout
Sep 28, 2024 at 04:00 am
A slew of metrics indicate the top meme asset Dogecoin (DOGE) could be primed for a price boost, according to a popular crypto trader.
Dogecoin (CRYPTO: DOGE) could be setting up for a price rally, according to a popular crypto trader.
What Happened: Crypto analyst Ali Martinez shared a seven-point analysis on X, a social media platform for crypto traders, indicating bullish signs for the meme asset.
The seven points highlighted by Martinez include:
1. Multi-month downtrend breakout in price.
2. Multi-month downtrend breakout in Relative Strength Index (RSI).
3. Buy signal on Supertrend Indicator.
4. Dogecoin whales bought over 1.40 billion DOGE, valued at around $140 million, in a recent 48-hour period.
5. Resistance at $0.111, where 62,270 addresses hold more than 36 billion DOGE.
6. Breakout past the $0.111 resistance.
7. No major supply walls in sight.
“If DOGE holds this level, it could confirm a bullish breakout. With no major supply walls in the path to $0.150, looks clear!” said Martinez.
DOGE price at the time of writing is around $0.117. The ninth-ranked cryptocurrency by market capitalization has seen a rise of over 5% in the last 24 hours.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- NYT Connections Hints and Answers for Friday, April 22, 2022
- Sep 28, 2024 at 08:15 am
- Looking for Friday's Connections hints and answers instead? You can find them here: Hey there, everyone! Welcome to the weekend.
-
- Bitcoin Shows Signs of Rising, but BlockDAG Steals the Spotlight With 1820% Presale Gains
- Sep 28, 2024 at 08:15 am
- Bitcoin has signaled that prices could go up again, as it moved back above a key trading indicator called the Ichimoku cloud. This usually shows positive signs
-
- BlockDAG (BDAG) – The Next Big Thing in Crypto!
- Sep 28, 2024 at 08:15 am
- Looking to dive into the hottest crypto opportunities of the moment? You’re in the right place! As the market continues to evolve, certain cryptocurrencies are setting themselves apart with explosive growth potential and groundbreaking developments.
-
- ETFSwap (ETFS) Utilities And Infrastructure presents Investors A Safer Investment Haven
- Sep 28, 2024 at 08:15 am
- The strong utilities and infrastructures of ETFSwap (ETFS) has made it a stable altcoin that investors can trust even in a bearish market.
-
- ETFSwap (ETFS) Predicted To Be One Of The Biggest In History Because Of Its Unmatched Utility
- Sep 28, 2024 at 08:15 am
- ETFSwap (ETFS) is nowhere near your regular crypto. Indeed, it is a unique value project set to dominate the market both in this bull run and beyond.
-
- Kim Si-woo sinks match-winning putt to give Internationals Presidents Cup sweep
- Sep 28, 2024 at 08:15 am
- Kim Si-woo sank a match-winning 15-foot par putt to give the Internationals a sweep of Friday's foursomes matches and equal the United States at 5-5 at the Presidents Cup.
-
- Trakx Launches TRKX Token for Its Crypto-Index Platform, Offering Staking Rewards and Trading Discounts
- Sep 28, 2024 at 08:15 am
- Trakx, the leading platform for crypto-index trading, is excited to announce the launch of the TRKX token. It's a great milestone for the ecosystem and will allow traders and investors to be an active part of the project and receive numerous benefits and advantages.
-
- Maker (MKR) Price Prediction: MKR Bulls Aiming to Break the $2,200 Resistance Level
- Sep 28, 2024 at 08:15 am
- MKR's price could rally by 30% to reach the $2,200 level if it closes a daily candle above the $1,685 level. MKR’s Long/Short ratio currently stands at 1.031, indicating bullish sentiment among traders.
-
- Michael Saylor Reacts to Bitcoin's Bullish Upswing with Smashing Animated Bitcoin Statement
- Sep 28, 2024 at 08:15 am
- Data from CoinGecko shows that the price of Bitcoin climbed above $65,000 on Friday for the first time since the beginning of August and now hovers at $65