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The Dogecoin price has surged 22% in the past week even after it fell 2% in the last 24 hours to trade at $0.170 as of 00:35 a.m. EST on trading volume that plunged 37% to $2.06 billion. Dogecoin Price Prediction: DOGE Aiming For A Bullish Rally The Dogecoin price has been in an uptrend in October, as the bulls used the $0.11 support zone to push the price through a markup phase, according to data from GeckoTerminal . DOGE then went through a consolidation phase from mid-October within the $0.1460 range. The Dogecoin price bulls then used the lower boundary of the sideways pattern at $0.13 as the support to push DOGE through a parabolic curve, which indicates strong momentum. DOGE now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which supports the price’s general bullish outlook. The RSI is in bullish territory but not yet overbought, currently at 65, meaning there’s still potential for further gains before any risk of a reversal. If the RSI does reach

The phrase ‘anything is possible in the world of cryptocurrencies’ comes with stories of people making millions in a short period. A self-proclaimed ‘Doge Millionaire’ made nearly $2 million in just 69 days of investment in Q2 of 2021. The investor revealed that he did not check any technical Analysis on Dogecoin before investing but went with “market sentiments” . The holder revealed that he had a grip on “pop culture shifts” more than charts to analyze DOGE’s next moves in the indices. Also Read: Shiba Inu: Can SHIB Reach $0.001 in 2023? The investor named Glauber Contessoto announced on YouTube that he purchased $180,000 worth of DOGE in February 2021. He stressed that he sold all his previous investments and poured them into DOGE believing it could make him a millionaire. “So, I figured, okay, this is going to be the next play. People are going to start investing in Dogecoin and it’s going to take off,” he said. Dogecoin was roughly trading at $0.045 when Conte

Dogecoin (DOGE) has fallen more than 8% following the fading impact of Elon Musk and Twitter. Conversely, the digital asset has seen an intraday loss that has not been able to erase the gains brought on by Musk’s influence. Earlier this week, Twitter replaced the iconic blue bird logo with the equally iconic DOGE meme. Subsequently, the digital asset pumped from the Musk effect and saw seven-day gaining streak. However, a recent decline has many worried about the price correction for the meme coin. Source: Benzinga DOGE Sees Fading Elon Musk Effect The self-professed Dogefather, Elon Musk , and Dogecoin are often linked together. Specifically, the billionaire has been outspoken about his admiration for the meme coin and its implementation. Subsequently, the billionaire set off a rally for the asset through his social media platform Twitter. Yet, Dogecoin (DOGE) has fallen more than 8% in a continued decline after the impact of Elon Musk and Twitter. Conversely, the devel

Dogecoin has been rising elegantly since Twitter replaced its logo with that of the DOGE token. In a recent update, the social media platform has updated its blue bird logo with the Dogecoin image. It is unclear at the moment whether or not, this is a permanent change to the Twitter logo.  Also read: Dogecoin : Bitcoin Maxis Call Out DOGE as Security, Co-Founder Comes to Rescue Now, the surge in DOGE’s price definitely made some traders millions in minutes. A cryptocurrency trader who goes by the name “Tree of Alpha” made over $1 million as he caught the Dogecoin news early. 1/ Yesterday's Doge trade: On reacting, Sizing, and being degenerate when you need to be. The essence of News Trading isn't speed, it is knowing when to size up. I all started when someone in the Tree News Discord posted that they were seeing the Doge icon as the Twitter logo. pic.twitter.com/483AnBWMUk — Tree of Alpha (@Tree_of_Alpha) April 4, 2023 Tree of Alpha breaks down how he made

The last couple of days have been exceptional for the Dogecoin [DOGE] ecosystem. Elon Musk the self-proclaimed “Dogefather” outdid himself in terms of endorsing the meme coin. Musk and his decision to change the Twitter logo came as a surprise to many, however, it benefited DOGE in several ways. The price, popularity, and network activity of Dogecoin witnessed a major surge. But this did not last very long. At press time, the largest meme coin was dipping by 1.04% while the rest of the market was rising over the last 24 hours. Nevertheless, the asset’s weekly gains were at a high of 29.49%. DOGE was trading for $0.09835. Looks like more retracement could follow suit. Prominent crypto analyst, Ali Martinez took to Twitter and highlighted historic patterns as well as corrections in the DOGE network. For instance, DOGE has reportedly witnessed corrections in its price right after its daily social media mentions exceed 13,000. Following Musk’s latest endorsement, Dogecoin ’s social v

It is very difficult for a cryptocurrency enthusiast to have never heard about meme coins. The meme coin saga began in 2013 when Dogecoin was invented by Billy Markus. Dogecoin took inspiration from the popular doge internet meme, which has a Shiba Inu on its logo. The meme coin movement started with Dogecoin , and then other coins like Shiba Inu and others followed. But what really triggered the moment of the meme coins was the beloved Shiba Inu dog called Kabosu . Kabosu recently celebrated his 17th birthday on November 2. However, the details from a recent tweet by the owner reveal that Kabosu is in a dangerous health condition. Community showers love for Kabosu The owner of Kabosu recently tweeted and published an Instagram post about the health condition of the Shiba Inu. She tweeted that Kabosu is said to be in a very dangerous condition now. However, she prays that everything will be fine and that she’s getting power from all over the world. Billy Markus

Dogecoin had a phenomenal run in 2021 as it basked in the limelight after Tesla CEO, Elon Musk, announced he invested in the meme coin. DOGE was the talk of the town last year, and it attracted millions of new and first-time investors into the cryptocurrency markets. The meme coin skyrocketed to $0.73 in May 2021, making early investors sit on heaps of profits. Also Read: Shiba Inu: Investment of $670 Turns to $1.7 Million In 1 Year A handful of investors, who took an entry position when the coin was trading below 1 cent, turned into millionaires overnight. However, Dogecoin plummeted in price after touching its ATH, never to recover again, even after 19 months. Investors are eagerly waiting for Dogecoin to b reach the $1 milestone, but the bear markets are pushing its price backward. It is now down 88% from its ATH and is unlikely to spike in price and reach $1 in 2022. Also Read: 3 Cryptos That Lost Their ‘Hype’ in 2022 Dogecoin To Breach Its All-Time High in 2029? S