Dogecoin Community Exploration

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The Future and Predictions of DOGEcoin (DOGE) in the Current Bear Market DOGEcoin daily transactions drop to lowest in 3 months DOGEcoin’s Decline Against Bitcoin is Expected to Continue, Warns Analyst Skip DOGEcoin For Now, Technicals and Sentiment Point to Further Downside for the Meme Coin King $18M DOGE Transfer to Robinhood Sparks Selling Pressure Speculation Elon Musk’s Halloween Surprise: Will DOGE Price Retest Highs?

Oct / 13
- The Future and Predictions of DOGEcoin (DOGE) in the Current Bear Market
  
  Oct 13, 2023 at 04:15 am COINTURK NEWS
  
  The future seems bleak for cryptocurrency investors as the bear market drags on for nearly 2 years. Despite struggling to break past the $26,800 level, BTC's price has once again dropped below it. Meanwhile, Dogecoin (DOGE) is currently finding buyers at $0.0577 amidst challenging times. The current inflation data is bad, and Fed members indicate that interest rates will remain high until the first half of 2024, suffocating cryptocurrencies. With global events like Ukraine, Serbia, Syria, and the potential conflict between Palestine and Israel, short-term predictions and analyses for the market seem futile.

Oct / 12
- DOGEcoin daily transactions drop to lowest in 3 months
  
  Oct 12, 2023 at 08:15 pm TheBitTimes
  
  This year has been tough for Dogecoin (DOGE), Elon Musk's favorite dog meme cryptocurrency. It has experienced losses on all charts, with daily transactions dropping to their lowest in months. According to blockchain analytics platform IntoTheBlock, the weekly average for daily Dogecoin transactions is now 37,300, a significant drop from June's 2.1 million and a moderate decline from July's 616,000 spike.
- DOGEcoin’s Decline Against Bitcoin is Expected to Continue, Warns Analyst
  
  Oct 12, 2023 at 06:15 pm COINTURK NEWS
  
  Experienced crypto analyst Nicholas Merten warns that the decline of Dogecoin against Bitcoin is expected to continue. Merten, in his latest update, points out the weakness shown in the monthly trading graph of DOGE/BTC pair. He believes Dogecoin will remain in a downtrend against Bitcoin for a while. Merten states, "I don't think the upward movement will happen yet. Giving back a 22% gain over three months is not a sign of a bull market."
- Skip DOGEcoin For Now, Technicals and Sentiment Point to Further Downside for the Meme Coin King
  
  Oct 12, 2023 at 06:15 pm CaptainAltcoin
  
  Dogecoin, the meme-inspired coin, has been on a downward trend since reaching $0.73 in May 2021. It currently trades below the crucial support level of $0.06, now acting as resistance. According to Altcoin Sherpa, a renowned crypto analyst, both technically and fundamentally, Dogecoin lacks positivity. The sentiment is bearish, with no signs of a potential upside. Altcoin Sherpa suggests skipping this coin for now, as the chart looks ugly and offers no reason to buy. Dogecoin, once the king of meme coins, is facing downside pressures.
- $18M DOGE Transfer to Robinhood Sparks Selling Pressure Speculation
  
  Oct 12, 2023 at 02:16 pm Coin Edition
  
  Robinhood's $18.25M DOGE transfer highlights crypto transaction efficiency. Despite the massive transfer, DOGE remains steady at $0.061, but bearish indicators spark speculation of potential price decline. The recent 300M DOGE transfer to Robinhood, with a mere $0.21 fee, adds selling pressure and fuels speculation.
- Elon Musk’s Halloween Surprise: Will DOGE Price Retest Highs?
  
  Oct 12, 2023 at 08:17 am Coin Edition
  
  Elon Musk's Halloween surprise with Dogecoin sparks anticipation for a price retest of highs. Dogecoin remains steady above $0.055 support, suggesting a potential rally to $0.0775. Twitter's integration of DOGE fuels market speculation. Last year, Musk's Halloween-themed Doge photo alongside the Twitter bird caused a 27% surge to a 1-year high of $0.1572. This surprise, linked to his $44 billion Twitter acquisition, intensifies speculation and hints at a deeper bond between Twitter and Dogecoin.
- Nicholas Merten Issues DOGEcoin Warning, Says DOGE Hasn’t Fallen Far Enough – Here’s Why
  
  Oct 12, 2023 at 06:16 am TheBitTimes
  
  Crypto analyst Nicholas Merten issues a warning that Dogecoin (DOGE) has fallen and is not finished correcting against Bitcoin (BTC). Merten expects a bearish trend to continue for a while as the monthly DOGE/BTC chart shows weakness. He believes that although things may improve in the future, it is not happening yet. Merten points out that a 22% move up on a monthly candle followed by three months of fading gains with no follow through does not indicate a bull market.
- Crypto Performance: DOGE – SHIBA – BONE – PEPE – LEASH Down; FLOKI Up
  
  Oct 12, 2023 at 02:15 am CryptosHeadlines.com
  
  The recent crypto market decline has impacted meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), with DOGE down 5% and SHIB down 6%. However, Floki Inu (FLOKI) managed to gain 8% in the past week. Analysts are cautiously optimistic about SHIB's performance due to positive developments in its layer-2 blockchain solution, Shibarium. Other meme coins, such as Pepe Coin (PEPE), also faced tough times, suffering a significant drop. Despite the challenges, the crypto market remains dynamic with DOGE, SHIB, and other meme coins like Bone and Leash continuing to attract attention.
- Can DOGE Price Bounce Back from $0.055 Multi-Month Support?
  
  Oct 12, 2023 at 02:15 am CryptosHeadlines.com
  
  Despite the current uncertainty in the crypto market, Dogecoin has managed to maintain its support level at $0.055, which has acted as a reliable bounce point for the coin for a while now. The recent lower price rejection candle on the daily chart indicates buyer interest and suggests that the buying momentum for Dogecoin remains strong. With a recent bullish breakout resulting in a 30% price increase, the recovery trend for Dogecoin may be targeting $0.0775. However, it is worth noting that the daily trading volume for Dogecoin has decreased by 17% to $133 million.
- DOGE’s Consolidation Dance in 2023: A Step Back Before a Leap
  
  Oct 12, 2023 at 12:16 am Crypto News Land
  
  DOGE's 2023 journey dances with consolidation, as it closes at a 52-week low of $0.059. Struggling to take a leap above $0.060, Dogecoin hints at a potential trend reversal. Despite the current downtrend, a step above $0.060 could shift DOGE's trajectory. Turbulent waters lie ahead for Dogecoin in 2023, witnessing a stark downturn from early gains. The concerning 52-week closing price of $0.059 threatens optimistic forecasts, possibly postponing a bullish breakout.

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