EDUSELL
Financial Market Examiner
Midas Crypto Vault
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
Financial Market Examiner
No Result
View All Result
Home Crypto News

Dogecoin (DOGE) Gives Crucial Technical Breakdown

Admin by Admin
October 27, 2022
in Crypto News
0
Dogecoin Jumps 22% in a Week Amid Twitter Payments Speculation
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
Webinar Webinar

The world’s largest memecoin is currently on a roll gaining more than 10% for the second consecutive day. As of press time, DOGE is trading 15% up at a price of $0.075 with a market cap of just under $10 billion.

this is for the first time in ten weeks that the DOGE price is trading above $0.07. The recent DOGE price rally comes amid huge whale transactions. As per on-chain data provider Santiment, there have been more than 420 DOGE whale transactions each valued at over $100K. Also, the trading volume for Dogecoin (DOGE) has reached a staggering $1.18 billion.

Some market analysts believe that the recent Dogecoin (DOGE) rally comes as Elon Musk is likely to conclude the Twitter deal this week. Thus, the Dogecoin community could be cheering that the deal could pave way for DOGE transactions on Twitter.

Elon Musk has been the biggest proponent of Dogecoin (DOGE) over the last few years and believes that the meme cryptocurrency is better than Bitcoin for conducting daily payments.

In the last 48 hours, the DOGE price has shot up by more than 25% with its valuation soaring to $10 billion in a while. Still, Dogecoin (DOGE) is trading at more than a 90% discount from its all-time high of $0.73 last year in May 2021.

As per the technical chart setup, the DOGE price rally could continue going ahead. The DOGE price has given a successful breakout from its descending resistance line. The DOGE price has been paying respect to this line for nearly 18 months now. Now, the next resistance for DOGE is all the way to $0.88.

 

Share on TwitterTweet
Share on Pinterest Share
Share on LinkedIn Share
Share on Digg Share
Tags: CryptoDogecoin
Institutional Trading Concept Institutional Trading Concept Institutional Trading Concept
ADVERTISEMENT
Previous Post

Cardano (ADA) Lines Up For Massive Rally Despite Position

Next Post

Why Bitcoin is Different from Other Cryptocurrencies

Admin

Admin

Next Post
bitcoin and cryptocurrency

Why Bitcoin is Different from Other Cryptocurrencies

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

  • 99 Subscribers
  • Trending
  • Comments
  • Latest
yen and dollar

FOREX-Yen Flirts With Intervention Level As Dollar See Gains

October 11, 2022
AUD USD pair

Forex: AUD/USD Point To More Downside For The Aussie

October 20, 2022
Mayowa Owolabi on battles traders need to fight

Battle Every Trader Must Fight (Part 1)- Mayowa Owolabi

August 31, 2022
Meta (Ex-Facebook) Fined €1.2 Billion In Landmark EU Ruling

Meta Verified Shows A Company Running Out of Ideas

February 22, 2023
XAGUSD pair

XAG/USD Climbs to Mid-$19.00s

4
Premier League Considering Partnership With NFT Crypto Platform

Premier League considering partnership with NFT crypto platform

2
EUR/USD pair

EUR/USD Recovers from 20-year Lows

2
Binance CEO Supports Terra Classic Raising LUNC Burn Tax To 0.5%

Binance Proof-Of-Reserve Pledge Earns Support Following FTX Crisis

2
EUR/USD pair

EUR/USD Climbs to Fresh Daily Highs Near 1.0750

June 1, 2023
Binance Initiates Layoffs Amid Market Uncertainty

Binance Initiates Layoffs Amid Market Uncertainty

June 1, 2023
Binance To Disable Privacy Coins DASH, XMR, ZEC In France

Binance To Disable Privacy Coins DASH, XMR, ZEC In France

June 1, 2023
Former SEC Exec Predicts Crackdown On Crypto Influencers

Former SEC Exec Predicts Crackdown On Crypto Influencers

June 1, 2023

Recent News

EUR/USD pair

EUR/USD Climbs to Fresh Daily Highs Near 1.0750

June 1, 2023
Binance Initiates Layoffs Amid Market Uncertainty

Binance Initiates Layoffs Amid Market Uncertainty

June 1, 2023
Binance To Disable Privacy Coins DASH, XMR, ZEC In France

Binance To Disable Privacy Coins DASH, XMR, ZEC In France

June 1, 2023
Former SEC Exec Predicts Crackdown On Crypto Influencers

Former SEC Exec Predicts Crackdown On Crypto Influencers

June 1, 2023
Financial Market Examiner

Get all the latest Financial Market (Crypto & Forex) news, updates and other relevant resources here.

Follow Us

Browse by Category

  • Crypto News
  • Education
  • Entertainment
  • Forex News
  • Gaming
  • Review
  • Reviews
  • Stocks
  • Uncategorized

Recent News

EUR/USD pair

EUR/USD Climbs to Fresh Daily Highs Near 1.0750

June 1, 2023
Binance Initiates Layoffs Amid Market Uncertainty

Binance Initiates Layoffs Amid Market Uncertainty

June 1, 2023

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

?>