Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jun / 14
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- Dogecoin (DOGE) Price Shows Fake Bullish Divergence, While PEPE Price Gears Up for the Next Leg Up!
- Jun 14, 2024 at 07:09 pm CoinPedia News
- Dogecoin's price has declined after breaking out of a symmetrical triangle, suggesting a potential downtrend. Technical indicators, such as Bollinger bands, indicate a bearish bias, with the price possibly falling to $0.12 before a potential bullish reversal. On the other hand, Pepe's price exhibits bullish momentum, forming an ascending trend and breaking out of a falling wedge with positive RSI indications, suggesting a potential surge.
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Nov / 08
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- $925 Million Liquidate As Bitcoin Price Crashes to $65,000, Options Market Jittery
- Nov 08, 2023 at 12:20 am CoinPedia News
- In a sharp market correction, Bitcoin's price plummeted over 6% to $65,000, triggering a broader 7.8% decline in the cryptocurrency market. Altcoins suffered deeper corrections, with leading tokens dropping 8-15%. Amidst geopolitical tensions and inflation concerns, $925 million worth of bullish cryptocurrency positions were liquidated, leading to increased volatility. Options market data indicates growing apprehension among speculators, with implied volatility for Bitcoin options surging, signaling reduced confidence in price direction.
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