NewsBTC
2022-08-15 17:30:19

Dogecoin Ready For 4th Straight Week Of Gains – Even Without Elon Musk’s Backing

Dogecoin (DOGE) price had to go through the rabbit hole as it recovered from the blows of the crypto winter. Dogecoin price refrains to subject to Elon Musk’s bidding Price underrated yet pins a surprise twist at the end DOGE nearing a breach before August ends; September hints at a pompous rally at 50%. It seems that Elon Musk has been mum about Dogecoin for several months now hinting that the tie-up has ended, and it’s time to call it a day and move on. Related Reading: Polkadot (DOT) To Retest $9.88 Resistance – Can Bulls Regain Solid Footing? DOGE Price Moving Up – With Or Without Elon Musk With or without Elon Musk, DOGE is moving on and going no other way but up. DOGE traders have stepped on the gas and gave a strong bullish stride to the crypto; signaling the price to go way up. The huge inflation wave has doomed the crypto market for several months in connection to the war in Ukraine. On a positive note, the price seems to know how to dance with the wave as it dashes through its fourth straight week of gains. Chart from TradingView.com Dogecoin is observed to be propped up the 55-day SMA that is used as its anchor for two consecutive weeks. With throttles and pivots spotted in August, this clearly hints that a breach is nearby. The underpinned price action is present at $0.068, hinting that the price can go way up peaking at $0.10; with returns of 50%. RSI for DOGE shows that it’s far from reaching the overbought...

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约