Year: 2021

Dogecoin price is currently trading at$0.2599 as of time writing this article. you must have heard of the explosive move made by dogecoin something around April to May. Stories went viral on social media of how doge coin rallied to $0.73 from 0.0046. Stories were told of hoe a Wow memecoin made so many rich just from buying and holing dogecoin. If you missed that 1st opportunity to buy dogecoin at price of $0.0046, I might just have a good news for you. Ones again, a strong " BUY " Signal is flashing on Dogecoin just like it did in April 2021, Are you going to miss it again? Dogecoin chart via tradingview What is Dogecoin And Why You Should Consider Buying More At The Current Dogecoin Price Of $0.2599 Software engineers Billy Marcus and Jackson Palmer created Dogecoin in late 2013. Palmer branded the cryptocurrency’s logo using a meme popular at the time that featured the deliberately misspelled word “doge” to describe a Shiba Inu dog according to forbes. Dogecoin price having exploded in value and gained more than 5,000% in 2021, is flashing same buy signal that lead to this massive profit. This altcoin shows high odds of gaining over +1000% before the end of Jan 2022. Daily chart is currrently trading around a strong support area between $0.26 to $0.22. This is the major support area flashing this buy signal, Watch the video above to get a better visual explanation of the chart. It is most likely the sideways choppy dogecoin move breakout is near buy and the odds are pointing that the buyers are currently having a higher money force entering the market than the sellers taking money off the market. The current sideways price movement is caused as a result of the equal money of the buyers and sellers, thereby leading to an equilibrium. If price must move, one money power force will have to overcome the other and like I said, the buyers are currently showing increase in the money force entering Dogecoin as of Nov 4, 2021. You can Join Makaveli traders today to learn how to draw and read cryptocurrency chart like a pro. Dogecoin price prediction shows that 1st quarter of 2022 will favor dogecoin holders and traders base on pure price action. the current support with double bottom bullish pattern shows high odds of buy power on both daily and weekly chart below 1D chart on Dogecoin Binance The chart above shows clear double bottom and possible change in market structure even though there is yet to be any changes in price movement as price continue to stay in sideways. swing lows and swing highs get easily broken in a sideways market but in dogecoin situation we see dogecoin price has continued to respect previous buyers trendline and its no coincidence that the current market swing higher lows are forming directly on the buyers trendline thereby forming a bull market structure with lows but the market is yet to show any new higher highs. Currently price is still much showing a bull pressure growing as price keeps hitting the resistance at $0.3, one more attempt is likely to make way for buyers to conquer that resistance. Ones this resistance are is conquered, I do see dogecoin price rallying quickly back to attack the $0.73 resistance area. I do see a reaction ones price gets to this price area, a slight pullback to retest breakout at $0.38 after which I do see a possible strong rally next t0 $0.93 if not $1. Can Dogecoin Make You Rich in 2022? Always consult your financial advisor when investing into cryptocurrency as crypto is know to be a highly volatile market. If you do diligent research, You chances of changing you life with this opportunity is beyond words but also remember that this is not a financial advice. But buying Dogecoin at $0.26 to target $0.9 sound like a dream come true to all those who missed the first pump. Learn, Trade and Earn crypto daily with bitcoin gorilla, Join Makaveli Traders to gain access to take your technical analysis to the next level using simple crypto price action strategy.

Year: 2021

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