Will dogecoin drop to $0.2 again? - page 12.

LUCKMCFLY

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The price of Doge is very volatile, as many bet that it can fall much more than 0.2USD, for now some of the bulls are waiting for what can happen in BTC, any abrupt change in the market can greatly influence Doge:

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A break above it will be the first indication that the correction may be over. On the contrary, if the price turns down from the current level and breaks below $0.21, a retest of $0.15 is likely. A break below this level could start the next leg of the downtrend to $0.10.

Source: https://cointelegraph.com/news/price-analysis-6-28-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

For now, the price of Doge means hope for many and a headache for many, anyway the bulls are waiting for what may happen, maybe they need another tweet from Elon Musk to see a big pump.

mamesso

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I wonder why only Doge there are a lot of better coin that needs support and investors, Idena, Bitgesell and Kardiachain among others are young and good coin that has a huge potential in the market, and so many coins are cheap if he wants to make a huge profit using his influence he should pick coins that are worth supporting, Doge is still good but there are hundreds of better coins that needs attention.

Since trader never thought Dogecoin hit its highs a while ago, Since dogecoin was present in the crypto market, traders never think to keep dogecoin long-term, because dogecoin is considered just a joke coin. But who would be thinking that Dogecoin managed to reach the highest price after Elon Musk made several tweets about Doge on his personal Twitter account which made some traders regret not getting a share in it.

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Quote from: rhodelmabanal on June 29, 2021, 09:12:11 AM

Quote from: LittlePrinceCat on May 09, 2021, 08:07:08 AM

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

There are a lot of things that could posibly happen so i think it is posible to drop to 0.2$ for now i think we only need to wait a very few days doge is now at the price of 0.25$ so it is really posible to experience 0.2$ anytime soon, still this is just an speculation there re still posibility that is will rise up high so let's just wait and keep monitoring.

- The most recent recommendations are not to continue to follow this grief, maybe we are not the main character in the game but I know stalking is an unchanging habit and has not cut off contact with Elon Musk, curiosity is the essence that helps us go deeper and give more actions to experience. And 0.2$ may be the price we will buy and then 0.02$ is the price we will sell, I'm not weird with these failures, dogecoin doesn't tell us the fixed fall and rise zone , duplicating a lot of opportunities but also multiplying a lot of risks

rhodelmabanal

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Quote from: LittlePrinceCat on May 09, 2021, 08:07:08 AM

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

There are a lot of things that could posibly happen so i think it is posible to drop to 0.2$ for now i think we only need to wait a very few days doge is now at the price of 0.25$ so it is really posible to experience 0.2$ anytime soon, still this is just an speculation there re still posibility that is will rise up high so let's just wait and keep monitoring.

2double0

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Quote from: Digital_Lord on June 28, 2021, 04:20:36 PM

It has been touched to 0.22$ because of the recent dip in all altcoins. I think Elon Musk is now not interested in DogeCoin anymore. He has got his profit and will tweet again when he will need money. He would buy in dip and tweet on Twitter then there will be a pump in DogeCoin.

It's not him who is not interested in dogecoin but people in crypto have become smarter to stop following his shit. And what is so special in doge that other coins don't have? Doge has got nothing and a coin that has nothing in it can't stay high above $0.01 for longer while all others were expecting it to go $1.

I wonder how ridiculous the thoughts of people had become to think that doge will be $1 some day.

Digital_Lord

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It has been touched to 0.22$ because of the recent dip in all altcoins. I think Elon Musk is now not interested in DogeCoin anymore. He has got his profit and will tweet again when he will need money. He would buy in dip and tweet on Twitter then there will be a pump in DogeCoin.

Mistafreeze

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Quote from: LittlePrinceCat on May 09, 2021, 08:07:08 AM

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

Don't you think Elon Musk could be the right person to answer this question since he was the pioneer of this dogecoin of a thing, indirectly enticing investors to invest in it. Like we all know that early investment is very important so that good profits can be made but in a case where late investment is made just like when people were investing in doge when they are supposed to sell.

The market is not stable now so all other coins is affected by the Bearish movement of Bitcoin. The problem of when digecoin will rise is left to the market to decide rather than guessing ignorantly about what might not happen.

LUCKMCFLY

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The evolution of Doge is very relative, for now Doge is waiting for a good pump, the vision that is had for now is bearish style, like most of the alts, it is due to the price action of BTC, if BTC rises it is Much more likely that Doge will have a better emergence, this technical analysis shows:

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The DOGE/USDT pair could then drop to $0.10.

On the other hand, if the bulls defend the next drop to the $0.21 support, it will signal strength. A breakout and close above the neckline will be the first sign that the pair’s correction could be over and a bottoming formation may begin.

Source: https://cointelegraph.com/news/price-analysis-6-25-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

For now the BTC is in a volatility, it grows by 3%, it drops by 5%, but they have remained there, everything is a matter of waiting to see how it is still developed against this uncertainty.

LUCKMCFLY

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For now, Doge has remained in an acceptable price range, I do not think it will go down more than there, although the bulls are giving everything so that Doge does not fall much in price, the technical indices predict that Doge may go up a little more:

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Relative Strength Index (RSI) lingered in the bullish-neutral zone, rising slightly at press time. Simple Moving Averages lines differed slightly in their positions. 50 SMA (orange) line was aligned with the candlesticks, while 100 SMA (red) line remained bearish at press time.

Based on the current indications, DOGE could move upwards towards the $0.34 mark if the cues remain positive.

Source: https://ambcrypto.com/dogecoin-filecoin-tron-price-analysis-15-june/

Of course, if Elon Musk makes another pro-Doge tweet it will be a big pump, it will not take long to do it because BTC is recovering, if they give it a push it can reach good prices.

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Quote from: newdevices on June 12, 2021, 11:01:39 AM

Quote from: South Park on June 11, 2021, 04:35:15 PM

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Holders still hoping specially those who don't want to lose their money, there are investor who bought at high
who are not willing to give up,

they are still waiting that the value will bounce back and give them either break even or some decent compensation
after holding this coin.

What I find interesting is that those people are hoping that Musk is the one that rescues them from the position they are in when it was Musk the one that put them on that difficult position, the only way for doge to keep going up is if the bitcoin bull run resumes, something that fortunately for them I think it is likely, however we do not know if they are going to be smart enough to recognize this and sell at the appropriate time or if they will keep holding once we see yet another correction.

Don't expect too much from Elon Musk, because Dogecoin does have a pump and dump nature,
so if you hold Doge you have to be really careful, because Doge could be under $0.2 in a few months,
I don't know, this is just a warning , not as a prediction, I just let you know that doge is not a good investment for now

I do not expect anything from that person except for more lies and behavior that we cannot really explain, it seems to me that he was trying to earn some easy money and he got exactly that at the beginning as everyone was listening to him, but now that he has lost the trust coming from the community it seems that no one is doing it anymore except those that believe in dogecoin as a long term store of value, but they will find out that Musk only really cares about himself and if he can obtain profits by crashing Dogecoin he will do so.

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Quote from: South Park on June 11, 2021, 04:35:15 PM

Quote from: ?? on ??

Holders still hoping specially those who don't want to lose their money, there are investor who bought at high
who are not willing to give up,

they are still waiting that the value will bounce back and give them either break even or some decent compensation
after holding this coin.

What I find interesting is that those people are hoping that Musk is the one that rescues them from the position they are in when it was Musk the one that put them on that difficult position, the only way for doge to keep going up is if the bitcoin bull run resumes, something that fortunately for them I think it is likely, however we do not know if they are going to be smart enough to recognize this and sell at the appropriate time or if they will keep holding once we see yet another correction.

Don't expect too much from Elon Musk, because Dogecoin does have a pump and dump nature,
so if you hold Doge you have to be really careful, because Doge could be under $0.2 in a few months,
I don't know, this is just a warning , not as a prediction, I just let you know that doge is not a good investment for now

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Quote from: South Park on June 11, 2021, 04:35:15 PM

Quote from: ?? on ??

Holders still hoping specially those who don't want to lose their money, there are investor who bought at high
who are not willing to give up,

they are still waiting that the value will bounce back and give them either break even or some decent compensation
after holding this coin.

What I find interesting is that those people are hoping that Musk is the one that rescues them from the position they are in when it was Musk the one that put them on that difficult position, the only way for doge to keep going up is if the bitcoin bull run resumes, something that fortunately for them I think it is likely, however we do not know if they are going to be smart enough to recognize this and sell at the appropriate time or if they will keep holding once we see yet another correction.

It's hard to decide if you bought this coin when it's still on the peak, but you are right there
are still people/holders who believes that Musk will do something to cheer this coin up and hype it again,

but just like what you are saying, Musk is the one who move this coin and until today he's still doing he's stuff,
not good for someone who don't have enough reserves.

Anything is possible, just have to believe with your own knowledge instead of trying ride with Musk.

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Quote from: South Park on June 11, 2021, 04:35:15 PM

Quote from: ?? on ??

Holders still hoping specially those who don't want to lose their money, there are investor who bought at high
who are not willing to give up,

they are still waiting that the value will bounce back and give them either break even or some decent compensation
after holding this coin.

What I find interesting is that those people are hoping that Musk is the one that rescues them from the position they are in when it was Musk the one that put them on that difficult position, the only way for doge to keep going up is if the bitcoin bull run resumes, something that fortunately for them I think it is likely, however we do not know if they are going to be smart enough to recognize this and sell at the appropriate time or if they will keep holding once we see yet another correction.

They are still believing in Musk, but the moment DOGE will dump harder, we will see them panic and will bring the price down significantly. The market is in red again, the bear market is quite dominant now so this hype would not work, I guess it's wise if they'll dump their DOGE now than wait until it rises again.

South Park

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Quote from: ?? on ??

Holders still hoping specially those who don't want to lose their money, there are investor who bought at high
who are not willing to give up,

they are still waiting that the value will bounce back and give them either break even or some decent compensation
after holding this coin.

What I find interesting is that those people are hoping that Musk is the one that rescues them from the position they are in when it was Musk the one that put them on that difficult position, the only way for doge to keep going up is if the bitcoin bull run resumes, something that fortunately for them I think it is likely, however we do not know if they are going to be smart enough to recognize this and sell at the appropriate time or if they will keep holding once we see yet another correction.

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Quote from: LittlePrinceCat on May 09, 2021, 08:07:08 AM

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

Doge has dropped from $0.7 to $0.3, and now many people are waiting at $0.2,
I think this will be a trap between bearish and bullish, it could be $0.2 broken and headed to $0.1 it could even be below it,
and it could be $0.3 is the strongest support of Doge before continuing the bullish trend

Peterson60

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It surely could, especially now given the sentiment of the market. However, I expect DOGE and the crypto market to recover from this pretty soon. According to https://cryptopredictions.com/dogecoin/, we might expect a new ATH of $1.2 by the end of the year. I hope that is the case, got a couple of these dogs so would be nice to see this prediction come actually true for once Cheesy

Bitcoinjheta

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There is a possibility the Dogecoin will drop to $0.2 and might rank down its position on the coinmarketcap when the market continuously drop its value by this week or by this whole month of June.

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Quote from: Mr.Scott on June 09, 2021, 10:29:12 AM

More likely YES if the market continuous fall down. Elon Musk effect won't stay longer, those who still in trust this manipulators basically will fall into big trouble. He doesn't care about Dogecoin. Forget about Dogecoin price continue to grow, nor the volume is getting lower but losing it position in coinmarketcap.

DOGE is too dependent with manipulators and when he feel getting huge profits they immediately run, and the market is likely to continue to decline so sell 50% Doge and move to BNB or Ethereum is safer in the long run.

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Quote from: Tigerheart3026 on June 10, 2021, 12:48:52 PM

all of altcoins dumping for the market correction, so doge coin is also continuous dropping
doge is over hype coin that is knows everyone, this incredible ath i think all credits goes to elon musk, those tweet was big influenced for doge coin

The influence of Elon Musk's tweets has a pretty big impact on the crypto market today, we can see how he continues to praise Dogecoin in his tweets and this pushes the Dogecoin price to even reach its highest price so far and not only that, when Elon Musk said Tesla is no longer adopting bitcoin due to mining that destroys the environment, it didn't take long for the price of bitcoin and other crypto in the market to collapse as it is today. To be honest, I am very afraid that Elon Musk will use his influence to manipulate the market, so that it will certainly be detrimental to us as small traders Cry

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Quote from: Tigerheart3026 on June 10, 2021, 12:48:52 PM

all of altcoins dumping for the market correction, so doge coin is also continuous dropping
doge is over hype coin that is knows everyone, this incredible ath i think all credits goes to elon musk, those tweet was big influenced for doge coin

Just at times try to anticipate this coin, but some or other things comes up and at times a positive tweet against Doge by Elon might again just bounce back the doge coin. So ruling out completely will not be a good idea I feel. So will buy on dips though less qty and might sell out in short term with good price.

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