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Meme coins are a special cryptocurrency that has become extremely popular in digital currencies. The rise of meme culture on the internet is the source of these coins. One of the first and most well-known meme coins, Dogecoin (DOGE), was developed in 2013 as a joke to parody popular cryptocurrencies. The well-known Shiba Inu dog …

Can meme coins like Doge survive in the long run?

The world’s largest meme coin, Dogecoin, has come under massive selling pressure recently dropping 17% over the last week and more than 33% over the last month. As of press time, the dogecoin (DOGE) price is trading 4.5% down at $0.1255 with a market cap of $18.09 billion. However, market analysts continue to be bullish The post Dogecoin’s 47% Pullback Sets Stage for A Mega DOGE Price Rally Ahead appeared first on CoinGape .

Dogecoin’s 47% Pullback Sets Stage for A Mega DOGE Price Rally Ahead

Dogecoin extended losses and traded below the $0.1350 resistance zone against the US Dollar. DOGE is now testing an important support at $0.1200. DOGE gained bearish momentum below the $0.140 and $0.1350 levels against the US dollar. The price is trading below the $0.1350 level and the 100 simple moving average (4 hours). There is a major bearish trend line forming with resistance at $0.1350 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price must settle above $0.1420 to move into a positive zone and start a fresh surge. Dogecoin Price Extends Losses After a close below $0.150, Dogecoin price extended losses and moved into a short-term bearish zone, like Bitcoin and Ethereum. There was a drop below the $0.1350 support zone. A low was formed at $0.1201 and DOGE is now consolidating losses. There was a minor recovery wave above the $0.1250 level. The price tested the 23.6% Fib retracement level of the downward move from the $0.1640 swing high to the $0.1201 low. However, the bears protected more gains above the $0.130 resistance. Dogecoin is also below the $0.1420 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.130 level. Source: DOGEUSD on TradingView.com The next major resistance is near the $0.1350 level. There is also a major bearish trend line forming with resistance at $0.1350 on the 4-hour chart of the DOGE/USD pair. The main hurdle is at $0.1420. A close above the $0.1420 resistance and the 50% Fib retracement level of the downward move from the $0.1640 swing high to the $0.1201 low might send the price toward the $0.1550 resistance. Any more gains might send the price toward the $0.1620 level. More Losses in DOGE? If DOGE’s price fails to gain pace above the $0.1350 level, it could start another decline. Initial support on the downside is near the $0.1220 level. The next major support is near the $0.120 level. If there is a downside break below the $0.120 support, the price could decline further. In the stated case, the price might decline toward the $0.1040 level. Technical Indicators 4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. 4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.1240, $0.1200 and $0.1040. Major Resistance Levels – $0.1300, $0.1350, and $0.1420.

DOGE Price Prediction – Dogecoin Reaches Make-or-Breaks Levels

BlockDAG is taking the lead among 2024’s top cryptocurrencies by not only raising an impressive $21.4 million during its presale but also by pioneering the integration of blockchain technology with Directed Acyclic Graphs (DAG). This integration significantly enhances transaction speeds and sets a new benchmark in the industry. Positioned prominently among other major cryptocurrencies like The post 11 Top Crypto Investment Options 2024: BlockDAG Announces Vesting Period; More On BTC, ETH, BNB, SOL, XRP, DOGE appeared first on Live Bitcoin News .

11 Top Crypto Investment Options 2024: BlockDAG Announces Vesting Period; More On BTC, ETH, BNB, SOL, XRP, DOGE

Shiba Inu (SHIB) and Dogecoin (DOGE) are two dog-themed memecoins that went viral and delivered massive gains to early investors. Solana memecoins have been attracting huge investment from retail crypto investors in recent weeks, as early investors hope to generate similar returns to early Shiba Inu (SHIB) and Dogecoin (DOGE) buyers. However, with hundreds of new memecoins being launched every day – and most of them being almost immediately rugpulled – it can be difficult to decide which coins to invest in. In this article, we list four newly launched Solana memecoins that could potentially deliver astronomical returns to early

Four Solana Memecoins That Could Rally Over 8,000% and Challenge Shiba Inu and Dogecoin

The foremost meme coin, Dogecoin (DOGE), has entered a major accumulation zone, suggesting that this may be the right time to invest in the crypto token. This is also supported by the fact that the meme coin could soon experience a trend reversal from the current downtrend that it is experiencing. Dogecoin Market Value to

Dogecoin Enters Major Accumulation Zone, Is It Time To Get Back In?

Four Solana Memecoins That Could Rally Over 8,000% and Take on Shiba Inu and Dogecoin

In a market saturated with options, finding the right investment with the potential for significant returns can be daunting. However, amidst the volatility of popular choices like Dogecoin (DOGE) and Shiba Inu (SHIB), Furrever Token (FURR) emerges as a promising alternative. With its unique concept and potential for up to 15X or more returns after The post Why is Crypto Crashing Today? Furrever Token Emerges as a Strong Alternative to Dogecoin and Shiba Inu appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .

Why is Crypto Crashing Today? Furrever Token Emerges as a Strong Alternative to Dogecoin and Shiba Inu

The crypto market is on a dip, and this could be the perfect time for revolutionary presale WienerAI to thrive.

Could This New Meme Coin Be the Next Dogecoin? Traders Back WienerAI to 100X

Despite Bitcoin’s 13% drop in the past week, which saw it break below the psychological $60,000 level and drop 20% from its all-time highs, one analyst on X remains resolute. Drawing from the weekly chart, the trader maintains a bullish outlook, saying the coin will shake off weakness in the coming session. This aligns with bulls for the better part of Q4 2023 and Q1 2024. Bitcoin Is Falling, Losses $60,000 Bitcoin is under intense liquidation pressure, struggling against the deluge of sellers. Earlier today, BTC broke below $60,000, melting below April 2024 lows. Related Reading: Bitcoin Price Dips Below $57,000: 4 Key Reasons This dump confirmed sellers of April 13, signaling a possible start of a bear formation that may see BTC lose ground, peeling back February and March 2024 gains. Nonetheless, the analyst maintains that the uptrend will remain as long as Bitcoin stays above the $49,000 to $52,000 support zone, soaking up all selling pressure. This assessment, based on candlestick arrangement, can serve as a reassurance to BTC holders. The trader maintains that despite the sell-off, panic is unwarranted at this point. Referring to the Elliott Wave Principle, a technical analysis indicator, the analyst points out that the coin is simply pausing. For those with a more aggressive trading strategy, the dip, ideally towards the above support zone, could present an opportunity to buy on dips in anticipation of Wave 5. Currently, the analyst notes Bitcoin is in Wave 4, a stage that will take approximately the same time as Wave 2. Then, prices dumped after a brief rally, peaking in May 2023. However, prices rally in Wave 3, pushing prices below $30,000 to fresh all-time highs, peaking at $73,800. The drop from all-time highs to spot rates, looking at the Elliot Wave Theory, could indicate that prices are in Wave 4 before the eventual leg up, ending at Wave 5. What’s Next? Will BTC Breach $100,000 In Wave 5? Even so, when BTC will bottom up remains to be known. As things stand, the analyst said traders should watch two exponential moving averages (EMAs) of the 21 and 50 periods. A retest of these dynamic levels could offer support, preparing traders to buy on dips in anticipation of the final Wave 5. Related Reading: Machine Learning Algorithm Predicts Dogecoin Price For May 2024 However, the analyst didn’t lay out the next possible target even from the chart. Still, if Wave 3 is around the same length as Wave 5, Bitcoin has a strong chance to surpass $100,000 after the current volatile price action ends. Feature image from DALLE, chart from TradingView

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