Dogecoin Price Volatility Returns as Market Weighs Bullish Indicators Against...
The Dogecoin price has entered another period of volatility as traders attempt to weigh improving technical signals against renewed short-term weakness. The memecoin has been shifting between modest recoveries and sudden pullbacks, creating a landscape where both bullish and bearish narratives remain active. Related Reading: More Eurozone Countries Will Buy Bitcoin, Says Coinbase’s Institutional Chief With macro uncertainty, DOGE ETF inflows, exchange outflows, and key chart patterns emerging at the same time, the market is now deciding which direction will dominate heading into late....
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The Dogecoin price could be getting ready for a major breakout as technical and macroeconomic indicators line up for a potential bullish rally. Despite recording major declines over the past few months, a crypto analyst has projected that Dogecoin may be targeting a new all-time high of $3.6. Dogecoin Price Headed For $3.6 Breakout A […]
The Dogecoin price surged near 1.5% against the BTC during the March 11th trading session, thereby establish smaller bullish corrections in an already bearishly-biased market. The market however continues to face strong upside risks that, if tested, could really pulldown price back to invalidate the currency near-term bull sentiment. Following is the elaboration of this theory. As you can notice the DOGE/BTC 4H Chart above, sponsored by Trading View, the Dogecoin price has clearly formed new higher highs in order to test the 61.8% retracement - aligning with 54. Just after that, you could....
Dogecoin is demonstrating upward performance as bullish sentiment returns to the market, causing the dog-themed meme coin to rise above the $0.17 price level. With DOGE regaining traction, a crypto analyst points to a potential price reversal, predicting a notable upsurge in the upcoming weeks. Bullish Chart Pattern To Bolster Dogecoin’s Recovery Following a prolonged […]
Cryptocurrencies such as Bitcoin, Litecoin, and Dogecoin are known for their dangerous volatility, but have they generated any returns in 2015? Barring Dogecoin, which generated negative returns, the other two have generated phenomenal returns year-to-date (YTD) for investors. Let review each of them below. Bitcoin - A Wild Ride It Has Been! Image. Year-to-date: 24%. Bitcoin witnessed wide price vicissitudes in 2015, reaffirming its stance as one of the most volatile currencies in the world. Bitcoin started the year on a terrible note, immediately falling more than 50% from north of $310....
Bitcoin has made a healthy bounce back since we hit our weekly low of $233 around the night of May 18th. However, Bitcoin only made an additional gain of 1.8% during the week. Between the 17th, and 24th, we’ve saw the Bitcoin price fall from $237 to $232, with most of the 2.1% decline occurring in a couple hours between the 18th and 19th. In that same time frame, we also saw the price shoot back up from $232 to a peak at around $243 on Bitfinex, an additional 4.5% increase in volatility. Long story short, Bitcoin’s price was relatively volatile this week with plenty of up and downswings.....