Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Oct / 09
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- Dogecoin: Bearish Momentum May Push Price to $0.06
- Oct 09, 2023 at 03:41 pm TheBitTimes
- Dogecoin's price momentum has been bearish in 2023, with a meager 5.7% growth compared to Bitcoin's impressive 76% rally. Despite sporadic spikes fueled by Elon Musk's actions, the memecoin has struggled, hitting lower lows throughout the year. Even the sudden rally in April was due to Twitter changing its logo to the Doge symbol. As Dogecoin nears a milestone with 5M active addresses, it remains to be seen if any catalyst can push its price higher.
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- Dogecoin’s Bottom Could be In While Shiba Inu Flashes Bearish Signals; Should you Sell these Memecoins?
- Oct 09, 2023 at 03:42 pm CoinPedia News
- Dogecoin's bottom may be in as Shiba Inu flashes bearish signals. Should you sell these memecoins? Shiba Inu has seen a notable 10% jump and surpassed $0.0001, boosting bullish sentiment. Meanwhile, Dogecoin is preparing for a strong upswing after reaching consolidation bottom. However, technicals suggest a bearish reversal, potentially lowering prices over the weekend. Shiba Inu's healthy upswing may experience a minor pullback before continuing its parabolic recovery. Dogecoin shows strength with a steep upswing, but a breakout from the descending parallel channel is needed for a confirmed rise. The memcoins' price changes are attracting attention, making the upcoming weekend crucial for both tokens.
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- The Big Short sequel? Michael Burry’s Bearish bets on market indices
- Oct 09, 2023 at 03:43 pm crypto.ro global
- Michael Burry, known for his accurate market predictions in "The Big Short," has made another move, indicating his anticipation of a market downturn. His firm, Scion Asset Management, has acquired bearish bets against two key market indices, the Invesco QQQ Trust ETF and the SPDR S&P 500 ETF, with a total value of $1.6 billion. This sequel to his previous success showcases Burry's bearish stance on the market.
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