Dogecoin (DOGE) forecast as Bitcoin hits all-time high

Dogecoin (DOGE) forecast as Bitcoin hits all-time high
фото показано с : invezz.com

2024-3-6 19:30

Following Bitcoin’s record-breaking ascent to a new all-time high on Tuesday, Dogecoin (DOGE) has exhibited an impressive surge in momentum.

Dogecoin saw its price surge past $0.20 in the early hours of March 5, reaching its highest level since December 3, 2024, and marking a staggering 150% increase in its weekly gains.

Despite prices hovering at a peak not seen in three years, data reveals that whale investors continue to purchase millions of dollars’ worth of DOGE, showcasing their confidence in the cryptocurrency’s momentum.

The sharp fluctuations typical of meme-based cryptocurrencies make Dogecoin’s recent price movements less unexpected, reflecting the broader market’s current fascination with such assets.

Riding the Bitcoin rally

As Bitcoin’s rally propels forward, meme coins, including Dogecoin, have enjoyed significant surges in value. Dogecoin, in particular, has taken flight, breaking free from a months-long downtrend since October 2023.

The real momentum kicked off in February 2024, with Dogecoin’s value skyrocketing by 130% in just the past eight days, breezing past the previously established weekly resistance levels of $0.116 and $0.181.

This current market scenario, dominated by the allure of meme coins, underscores the massive appeal and speculative interest driving Dogecoin’s price.

The landscape remains highly susceptible to shifts, especially with Bitcoin’s new peaks potentially altering market dynamics.

What do technical indicators say?

Amidst this surge, technical indicators underscore the robustness of Dogecoin’s rally.

The Relative Strength Index (RSI) has climbed to an 85 level for the first time since May 2021, signaling a strong buying interest.

Amid this 150% rally, DOGE could potentially advance towards $0.30 in the upcoming weeks, say experts.

The post Dogecoin (DOGE) forecast as Bitcoin hits all-time high appeared first on Invezz

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Dogecoin (DOGE) на Currencies.ru

$ 0.1436 (+0.16%)
Объем 24H $897.912m
Изменеия 24h: -4.51 %, 7d: -12.02 %
Cегодня L: $0.1433 - H: $0.1449
Капитализация $20.716b Rank 9
Цена в час новости $ 0.168 (-14.52%)

dogecoin surge doge all-time high bitcoin level

Источник: invezz.com

dogecoin surge → Результатов: 126


Analyst Compares PEPE’s 600% Surge to Shiba Inu (SHIB) and Dogecoin (DOGE): Warns Investors to Keep an Eye on This Region

PEPE), the crypto asset inspired by the iconic internet meme Pepe the Frog, continues its vertical trajectory – advancing over 600% in the past month alone. However, with greed metrics flashing signs of unsustainable upside velocity, analysts urge caution around potential sharp pullbacks interrupting the frenzy.

2024-3-4 10:00


Analysts Pick BlockDAG’s 500x Surge Potential Over Shiba Inu Price Gains and Dogecoin’s Plan for 2024

Shiba Inu (SHIB), the self-proclaimed ‘Dogecoin Killer,’ must find a way to balance hope with a recent drop in its 30-day performance. On the other hand, Dogecoin (DOGE), which is well-known for being easily accessible, struggles with the unpredictability of its market and has an optimistic 2024 forecast linked to the Bitcoin (BTC) Halving event.

2024-2-14 00:00


This On-Chain Dogecoin Activity Just Pumped 1,100%, DOGE Investors – Buckle Up!

Popular crypto analyst Ali reported a massive surge in Dogecoin on-chain activity, with new addresses spiking 1,100% over the past week. As Ali stated on X (Twitter): “The Dogecoin network is witnessing a remarkable surge in growth, with new addresses increasing by a staggering 1,100% over the past week! On January 29 alone, a record-breaking […] The post This On-Chain Dogecoin Activity Just Pumped 1,100%, DOGE Investors – Buckle Up! appeared first on CaptainAltcoin.

2024-1-30 16:30


Can Dogecoin Reach $18? Analyst Identifies Signal That Led To 23000% Surge

Dogecoin is still ripping through the charts after multiple developments, including the announcement from the team that a physical DOGE coin is being sent to the moon. These developments are, however, not the only things driving the price given that indicators are still pointing toward a bullish breakout for the price. Dogecoin Signal For 23000% […]

2023-11-18 02:00


Crypto Rand and Ali Martinez provide bullish outlook on Shiba Inu: Dogecoin, Everlodge price soars

Shiba Inu to climb as high as $0.00001078 by the end of 2023 Dogecoin to reach $0.098 as its maximum value for 2023 Everlodge to spike by 3,900% at launch Crypto Rand, a notable crypto analyst among Web3 circles, shared that Shiba Inu (SHIB) is poised for a potential surge as bulls gear up to […] The post Crypto Rand and Ali Martinez provide bullish outlook on Shiba Inu: Dogecoin, Everlodge price soars appeared first on CoinJournal.

2023-11-15 18:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Why Dogecoin's next price rally depends on THIS key metric

Volatility around the memecoin hit a 30-day low, suggesting sideways movement Other on-chain metrics supported the prediction, but DOGE's price might surge later on If you think Dogecoin's [The post Why Dogecoin's next price rally depends on THIS key metric appeared first on AMBCrypto.

Dogecoin's road ahead: Can DOGE's price hit $0.25 in May?

Dogecoin saw negative sentiment but steady social media engagements. Liquidity clusters could be key for a DOGE reversal. Dogecoin [DOGE] faced rejection from the local resistance zone at $0The post Dogecoin's road ahead: Can DOGE's price hit $0.25 in May? appeared first on AMBCrypto.

Dogecoin: $0.25 is DOGE’s next target - This is why

81% of DOGE holders are in profit, indicating that the coin has not reached the top. Traders are betting on an increase, and other indicators suggest a run toward $0. 25. Dogecoin [DOGE] has The post Dogecoin: $0.

Dogecoin [DOGE] decouples: Does Elon Musk have a role to play?

DOGE’s price surged by more than 7% in the last 24 hours.  Most metrics and market indicators supported the uptrend.  The crypto market somewhat turned bearish over the last 24 hours, buThe post Dogecoin [DOGE] decouples: Does Elon Musk have a role to play? appeared first on AMBCrypto.

Dogecoin's 280K new addresses - Traders, is this a buy signal for you?

New demand for DOGE peaked during the week Memecoin's MVRVA ratio hinted at a buying opportunity too According to IntoTheBlock, the crypto-market's leading memecoin Dogecoin [DOGE] has recorThe post Dogecoin's 280K new addresses - Traders, is this a buy signal for you? appeared first on AMBCrypto.