Will dogecoin drop to $0.2 again? - page 5.

freedomgo

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Quote from: 5thFear on August 22, 2021, 09:57:03 AM

Dogecoin has the ability to go back to its original price and that is less then 0.1$. It wasn't a potential project and it never will unless some hardfork arrives with some good changes. The only pump of dogecoin is Elon musk and if he ignores it then nothing will keep this coin alive.

It depends upon us, if we will not anymore invest blindly in DOGE, it's easy for DOGE to dump and will be back to its normal price. The hype is the only reason why DOGE increase this far, and the rumors that we believe someday it will be accepted by Tesla is senseless and as we continue to get into FOMO and thinking one day it will increase to $1 or $10, our mind will always be convinced of investing more.

Honestly, I never imagine DOGE would be in the top 10 coins, but it happened.

5thFear

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Dogecoin has the ability to go back to its original price and that is less then 0.1$. It wasn't a potential project and it never will unless some hardfork arrives with some good changes. The only pump of dogecoin is Elon musk and if he ignores it then nothing will keep this coin alive.

Ziskinberg

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Quote from: BaeSuzy on August 22, 2021, 05:40:03 AM

I think it will happen if the market crash again and remember even though Doge has gone up alot recently and looks tasty its just not sustainable in the long term for me the only value for doge is hype. It may give you a quick buck, but it’s not reliable as an investment. But it just pure my opinion.

Obviously, we will see that, it already dumps below $0.20 when the market dump, but just recently recover when bitcoin bounce back. However, I think DOGE will not be able to break its ATH this year as bitcoin is not yet so stable despite it already gain a significant gain from its all-time low this year.

BaeSuzy

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I think it will happen if the market crash again and remember even though Doge has gone up alot recently and looks tasty its just not sustainable in the long term for me the only value for doge is hype. It may give you a quick buck, but it’s not reliable as an investment. But it just pure my opinion.

LUCKMCFLY

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Doge is taking a big price rise, the recovery is imminent, it seems that the growth of Doge is comprehensive and seems to be supported by its bulls, I had not seen the Doge bulls for a long time, this makes me think that the bearish are having many problems:

Quote

On the hourly chart, DOGE is located in the sideways trend between the zone of the most liquidity at $0.32 and the resistance at $0.3360. The trading volume is going down, which means that the coin has not accumulated enough energy yet for a price blast.

Source: https://u.today/doge-price-analysis-for-august-21

The price of Doge is on the rise, apparently it may have a chance of at least reaching 0.5USD, if this happens the emotions for Doge investors his efforts in being a hodler will be successful, if BTC continues to increase it will give him even more confidence of continue to invest in Doge.

wheelz1200

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Quote from: LUCKMCFLY on August 11, 2021, 04:43:28 PM

The technical indicators indicate that DOGE can give good bullish surprises if and only if it closes above 0.289USD so that a very good rally pump movement can be expected, in this article they show that if it is very possible, the price has generated Much controversy since it rose on August 5, but we have to wait, because the BTC movement is also bullish and this greatly favors Doge:

Quote

This trend finally changed last week when DOGE broke above its 17th June swing high of $0.205 and registered a 3-week high of $0.283. However, prices were still within the confines of a horizontal channel on the daily chart and awaited a key move over the coming days for another rally. A close above 25th June swing high of $0.289 could likely be the catalyst for a such a move- in which case another 19% surge was possible towards $0.340.

Source: https://ambcrypto.com/traders-can-long-dogecoin-if/

At least if we follow the technical indications it is somewhat safer that the movement can occur, only that the current conditions are on the horizon, BTC is shown that it can reach $ 50k, this would help Doge investors a lot to give it more trust.

Think this is a bull trap. At least in terms of sats. Obviously if bitcoin rises it rises the usd value for all coins but in terms of sats I see this over the next year or so slipping back into double digit sats and out of the triple digits. The money has been made on doge already the trend will end and a new one will start and everyone will flock over to it.

terrific

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Quote from: Golftech on August 10, 2021, 05:07:23 PM

Being used for hypes if there's no whales to move this coin it will be difficult to gain the attentions

of most investors, those who losses money from following the hypes already move out and use other

coins that have potential to recover their money, in need of deeper analysis before placing your money

if you have plan to invest to this asset.

There will still be traders that are going to follow this coin. They're going to buy it when it hits low.
Because they still think that there's still connection of this coin to every single word a hype guy tells.
But I would refrain joining them even if this coin gets on hype again.

LUCKMCFLY

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The technical indicators indicate that DOGE can give good bullish surprises if and only if it closes above 0.289USD so that a very good rally pump movement can be expected, in this article they show that if it is very possible, the price has generated Much controversy since it rose on August 5, but we have to wait, because the BTC movement is also bullish and this greatly favors Doge:

Quote

This trend finally changed last week when DOGE broke above its 17th June swing high of $0.205 and registered a 3-week high of $0.283. However, prices were still within the confines of a horizontal channel on the daily chart and awaited a key move over the coming days for another rally. A close above 25th June swing high of $0.289 could likely be the catalyst for a such a move- in which case another 19% surge was possible towards $0.340.

Source: https://ambcrypto.com/traders-can-long-dogecoin-if/

At least if we follow the technical indications it is somewhat safer that the movement can occur, only that the current conditions are on the horizon, BTC is shown that it can reach $ 50k, this would help Doge investors a lot to give it more trust.

Japinat

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Quote from: Golftech on August 10, 2021, 05:07:23 PM

Quote from: 2tang on August 10, 2021, 10:57:58 AM

Quote from: spyderbilt on August 10, 2021, 10:27:18 AM

Dogecoin price is currently $0.2 but we don't know how doge's potential will be in the future. because what we know is that the prospect of Dogecoin can soar because it is influenced by big influencers. hopefully we can see the price of dogecoin soar very high

Dogecoin It will be very difficult to soar again if it is not prospected again by big influencers because Dogecoin is a meme coin that has a very large supply and also does not have strong fundamentals like other coins in the crypto space.

Being used for hypes if there's no whales to move this coin it will be difficult to gain the attentions

of most investors, those who losses money from following the hypes already move out and use other

coins that have potential to recover their money, in need of deeper analysis before placing your money

if you have plan to invest to this asset.

As you can see, not only the price of bitcoin has increased, DOGE also had some good increase in the past week as we can see in the percentage of increase here https://coinmarketcap.com/currencies/dogecoin/.. however, I think it's not anymore pumping like before, so it means some investors have really learned that investing in DOGE is like gambling you based on luck. Hopefully they'll not be fooled again by Elon's tweet as we don't know what Elon is cooking now.

Golftech

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Quote from: 2tang on August 10, 2021, 10:57:58 AM

Quote from: spyderbilt on August 10, 2021, 10:27:18 AM

Dogecoin price is currently $0.2 but we don't know how doge's potential will be in the future. because what we know is that the prospect of Dogecoin can soar because it is influenced by big influencers. hopefully we can see the price of dogecoin soar very high

Dogecoin It will be very difficult to soar again if it is not prospected again by big influencers because Dogecoin is a meme coin that has a very large supply and also does not have strong fundamentals like other coins in the crypto space.

Being used for hypes if there's no whales to move this coin it will be difficult to gain the attentions

of most investors, those who losses money from following the hypes already move out and use other

coins that have potential to recover their money, in need of deeper analysis before placing your money

if you have plan to invest to this asset.

bakasabo

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Those who waited dogecoin proce to drop below 20 cents, when you had that price, did you buy more dogecoin or no? Seems that community is no longer interested in dogecoin, as its price goes up only when Bitcoin grows. I wonder if there someone besides Musk is able to pump the price. Except Musk, no one is interested in dogecoin.

wheelz1200

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Quote from: Hughes_Ryan on May 09, 2021, 02:45:08 PM

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

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

No!! With my heart, this is the worst. I don't hope it happens. Right now, those are sore kicks coming from Doge, me and my friend bought Doge at the first long candle, at $ 0.62 but it doesn't seem to have any resistance against, everything. slipped away really fast until I realized it. I think it won't be late if I keep holding it and hoping it comes back .. Cry

Quote from: hari9981 on May 09, 2021, 10:36:23 AM

I think so its like a forex news, if the expecation didnt meet the actual event price will drop hard.
Many people will say its a correction, but isnt it possible if theres no way to rise back again.

I heard people say, something was deployed coming out of Elon's machine, I still don't know how it came about? Will he abandon Doge or will he take it more aggressively with new tweets?

$.62 is a tough entry point. With the constant 10k block rewards every minute getting added to supply I fear what will happen in a true bear market. Doge rand up so high so quick there is no way this is sustainable right? You might be better off cutting your losses at some point. Unless there is some crazy news I can't see doge popping like that again, but who knows right...it's crypto after all.

LUCKMCFLY

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Things for Doge have remained somewhat favorable, even though many want to see the coin at less than 0.2USD, and it has been at those levels, yesterday it reached 0.29USD, which suggests that the coin is missing. Alone that can continue to rise, perhaps the Doge bulls are still somewhat asleep, but due to the movements of BTC, it may be that the price of Doge continues to give some bullish movements:

Quote

The buyers will now make one more attempt to propel the price above $0.29. If that happens, the DOGE/USDT could rally to $0.35 where the bears may again mount a stiff resistance.

Source: https://cointelegraph.com/news/price-analysis-8-9-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-link

It should be noted that if a bearish movement arises by the Doge coin or the BTC market, the technical indications indicate that it may reach 0.15USD, although this type of scenario is likely to be difficult.

2tang

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Quote from: spyderbilt on August 10, 2021, 10:27:18 AM

Dogecoin price is currently $0.2 but we don't know how doge's potential will be in the future. because what we know is that the prospect of Dogecoin can soar because it is influenced by big influencers. hopefully we can see the price of dogecoin soar very high

Dogecoin It will be very difficult to soar again if it is not prospected again by big influencers because Dogecoin is a meme coin that has a very large supply and also does not have strong fundamentals like other coins in the crypto space.

spyderbilt

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Dogecoin price is currently $0.2 but we don't know how doge's potential will be in the future. because what we know is that the prospect of Dogecoin can soar because it is influenced by big influencers. hopefully we can see the price of dogecoin soar very high

ChaoChibai

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Quote from: ?? on ??

I think the popularity of Dogecoin is currently fading, whether the decline is because the market is undergoing a correction, or because of the lack of attention from Elon Musk at this time, for sure Dogecoin has fallen to 0.2, but today I saw a slight increase, hopefully with improvement market conditions can increase the price of Dogecoin,

I also think the same, I think the popularity of Dogecoin is currently fading now. We can see the price is having correction and the price now is $0.2406. I think the magic of Elon Musk is fading as the price is dump now. But maybe the price will increase side by side with the increasing price of bitcoin. We will never know the market.

Tahid12

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What you were assuming, is finally happeded. Even doge was Standing with $0.2 even low for a month. but market is raising up for last somedays. doge also impacted of it and also raise up $0.25. There is elon for pump doge now but Next bull run might be make doge raise up cause doge is already come in 7th place of crypto currency ranking, and it enough for itself to raise up higher

LUCKMCFLY

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Unbelievably the consolidation point for Doge is at 0.21USD, there is a balance shown between supply and demand for Doge, perhaps the rally in BTC has slowed the bears' intention for the currency, and the bulls are watching out to make the best of it. of their movements:

Quote

The flat 20-day EMA ($0.20) and the RSI near the midpoint indicate a balance between supply and demand. Usually, a tight consolidation near the stiff resistance resolves to the upside. If buyers thrust the price above the $0.21 to 50-day simple moving average ($0.22) resistance zone, the DOGE/USDT pair could rise to $0.28 and then to $0.33.

Source: https://cointelegraph.com/news/price-analysis-8-2-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-link

The best scenario for Doge is that it can rise to 0.33USD according to technical criteria, but so far there is uncertainty in the currency, it is a very peculiar case, since in many alts it has been seen that they have a very good outlook.

BintangBuleun

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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?

The current price is $0.2, even I predict the price will drop much lower than that price. Because Dogecoin lover Elon Musk is not committed to what he says. Even today he is back talking about Bitcoin. How he created a new issue about Dogecoin, because most investors understand his game.

bamb

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Dogecoin have went down already! The Cryptocurrency market is moving away from meme trend, you will notice that game based coin are having good traction in the market! The new trend is game based coin or token, for speculations, you will do well to buy some good game based coin /token!

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