Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Nov / 25
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- Dogecoin’s Fibonacci Breakout Signals Potential Pullback, Analyst Warns
- Nov 25, 2024 at 03:54 pm Crypto News Land
- Dogecoin has reached the 78.6% Fibonacci retracement level, signaling a pullback and subsequent rally. This level has marked previous market cycles, suggesting history may repeat itself. Key resistance targets based on Fibonacci extensions and trendline patterns include $0.73905 and $3.94852. Traders should monitor market conditions and historical cycles to anticipate potential pullbacks and rally opportunities, as technical analysis remains crucial in managing risks and exploring opportunities in volatile markets.
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Nov / 21
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- Dogecoin Tests Key $0.786 Fibonacci Level: Is a Rally Ahead?
- Nov 21, 2024 at 12:04 pm Cryptos Newss
- Dogecoin's price has been hovering around $0.4, aligning with the 0.786 Fibonacci level, which serves as a pivotal resistance. Dogecoin has repeatedly tested this level without a sustained breakout. Analyst Kevin emphasizes the significance of $0.4 resistance and anticipates a potential rally if Dogecoin successfully surpasses it. If resistance prevails, a decline to $0.30 might occur. Conversely, a monthly candle close above $0.335 in the next 11 days could trigger a significant rally. The market's trajectory hinges on Bitcoin's resistance at $100,000.
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May / 22
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- Pepe Coin Poised for an Ultra-God Candle as Fibonacci Extensions Confirm Further Upside For the Meme Coin
- May 22, 2024 at 03:39 pm CaptainAltcoin
- Analyst Davie Satoshi has highlighted a bullish trend for PEPE, observing two extended green candles and identifying Fibonacci extensions that suggest an impending "ultra-god candle" and potential price surge. The confirmation of Fibonacci levels and a recent 201.85 billion $PEPE deposit to Bybit indicate ongoing trader interest and profit-taking. An early buyer of $PEPE turned an initial investment of $462 into $3.4 million, underscoring the potential for continued growth.
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Apr / 18
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- What’s Next for Dogecoin Price After Failing to Hold 50% Fibonacci Support?
- Apr 18, 2024 at 04:49 am CoinGape
- Amidst a market correction before Bitcoin's halving, Dogecoin's price has fallen 5%, losing the support of the 50% Fibonacci retracement, indicating a potential for further decline. The formation of lower highs and lows, along with a downsloping trendline, suggests a shift in market sentiment towards selling rallies. The breach of the 50% Fibonacci retracement and the bearish crossover in the Directional Movement Index further support the bearish outlook for the short-term.
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