Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Sep / 02
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- Crypto Market Analysis: Shiba Inu (SHIB) And Dogecoin (DOGE) On The Edge Of Bearish Channel Pattern
- Sep 02, 2023 at 12:00 am CoinPedia News
- Despite Grayscale's recent win against the SEC, the crypto market has taken a hit. Shiba Inu (SHIB) and Dogecoin (DOGE) are now on the edge of a bearish channel pattern, following a market-wide selloff triggered by the SEC's decision to postpone the approval of a spot BTC ETF. Both tokens have returned to their pre-surge price levels, raising concerns. This crypto market analysis highlights the current state of Shiba Inu and Dogecoin.
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Sep / 10
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- DOGE Price Analysis: Bearish Breakout Looms as Sellers Gain Advantage
- Sep 10, 2023 at 05:30 am ItsBitcoinWorld
- The price of Dogecoin (DOGE) has been stagnant, trapped within a range for weeks, creating uncertainty for traders and investors. Sellers in the derivatives market have gained an advantage with shorts, signaling a potential bearish breakout. This analysis delves into the implications of DOGE's price action and the looming possibility of a downward trend in the cryptocurrency market.
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Aug / 17
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- Cryptocurrency Market Witnesses Bearish Trend as Bitcoin Dips Below $29K, Dragging Altcoins Down
- Aug 17, 2023 at 11:00 am CoinPedia News
- The cryptocurrency market witnessed a bearish trend as Bitcoin dipped below $29K, dragging altcoins down. Bitcoin struggled to retain the $29,000 level, signaling the impact of the summer lull on trading activity. The largest cryptocurrency dropped to $29,028, its weakest level since August 7. This 1.3% decline has market observers closely monitoring Bitcoin's next move. As of now, Bitcoin slightly recovered to just above $29,100.
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Aug / 22
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- Will Bitcoin Price Take Bounce-Back After Recent Bearish Trend?
- Aug 22, 2023 at 01:00 am Thecoinrepublic.com
- Bitcoin price continues to exhibit a bearish trend, dropping nearly 12% in a month. The recent downward movement mirrors last week's bearish trend, indicating increased bear activity. Notably, Bitcoin's price plummeted over 11% in the past week, resembling its monthly price drop. A bounce in price is yet to be seen.
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Aug / 04
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- Dogecoin: Bearish Momentum May Push Price to $0.06
- Aug 04, 2023 at 10:30 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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Aug / 12
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- Dogecoin’s Bottom Could be In While Shiba Inu Flashes Bearish Signals; Should you Sell these Memecoins?
- Aug 12, 2023 at 08:30 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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Aug / 15
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- The Big Short sequel? Michael Burry’s Bearish bets on market indices
- Aug 15, 2023 at 08:30 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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