Dogecoin Rally
You may find it difficult to jump into a ticker symbol after a massive rally like this. Dogecoin had a giant surge in price as Musk's takeover of Twitter adds to investors hopes of a wider adoption of the currency. After Dogecoin innitially rallied almost 40% there was a large profit-take which brought down the cryptocurrency over 10%. Apparently this was a very good dip-buy opportunity. After the dip in price the coin rocketed up almost 100% from the low of the dip. Dogecoin is currently lifting off from another dip of over 15% from the previous highs. Is this another good dip-buy opportunity?
Check out this very short video in the link below to get the technical analysis for dogecoin.
From YouTube
So is this a good dip to buy or should we wait for a bigger dip?
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SpyderCall OP : It looks like this one want to rip already. immediately after I posted this
70617193 : Take off
️
warrior-sailormoon : Im waiting for moomoo to allow Trading in Cryptocurrency
BAG FINDER GENERAL : Rip has finished. Its back down from here
TRIUMPHANT RETURNS : Good until Elon decides to sell.
SpyderCall OP TRIUMPHANT RETURNS : he must be selling a bit right now. dogecoin is having a little sell-off
SpyderCall OP BAG FINDER GENERAL : you called it. a lot of times their is selling on sunday for a lot of cryptocurrencies as people get ready for other markets to open up. Like forex, bonds, equities,and commodities markets. This sunday selling happens even more often during rallying crypto and equity markets. Do you think that aas it for doge? Or will this thing jump again this week or farther out? Cryptos are somewhat looking good with BTC and ETH making new highs on the dailies.
SpyderCall OP warrior-sailormoon : They say it is not available "YET." Implying that it would be available eventually. But isn't crypto banned in china? I cant remember if it is still banned. their policies change so much. sometimes its hard to keep up.
easygoing Lyon : You think Doge will be accepted on New Twitter to pay for goods n services?
SpyderCall OP easygoing Lyon : possibly. i wont believe it until i see it
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