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Dogecoin price seen sliding in coming days

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chartpatterntradingstrategies.com

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daily@chartpatterntradingstrategies.com

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Sat, Nov 5, 2022 09:31 PM

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[unsubscribe]( [Chart Pattern Trading]  The "inflation-proof" stock no one is talking about Legend who picked Amazon at $48 and Apple at $0.35 has found the "perfect inflation-proof play." [The full story here…]( Sponsored  ---------------------------------------------------------------  The Fastest Known Way to 7 Figures Wall Street legend Bryan Perry shocked investors by revealing how his 9-Month Millionaire system can rake in seven figures. Despite a resurgent pandemic, his private records show how almost any investor can go on to create a seven-figure account - starting with just $5,000 and making a series of 10 trades. [Get the plain-English step-by-step plan here.]( Sponsored  --------------------------------------------------------------- Dogecoin is currently changing hands at a price that is significantly lower than its six-month high of $0.1572, providing an opportunity for investors to take advantage of a huge discount for accumulation. According to tracking from Coingecko, the dog-themed crypto is trading at $0.1304 as it increased by 6.7% over the last 24 hours. Although its week-to-date gain now only sits at 55.2%, it is still up by 119.8% for the past two weeks and by 102% over the last month. Even with a slightly big price dump, Dogecoin managed to keep its place as the 8th largest cryptocurrency by market capitalization with its $17.83 billion overall valuation. Dogecoin Price Analysis DOGE daily price chat is indicating a lot of higher price rejection zones close to the $0.15 marker. This was because the altcoin’s bullish movement ran out of steam, making it lose 11% of its value over the last three days. The digital coin is trying its best to sustain the crucial Fibonacci retracement level of $0.12 and could be impacted severely by tremendous selling pressure that could cause another 12% drop for Dogecoin to test the $0.11 zone. Meanwhile, the daily Relative Strength Index (RSI) of the asset settled at an overbought region but overall sentiment is pointing towards a bullish movement as the value stands at 72.4%. It is important to note that the recent rally of the crypto was inspired by a number of events such as improving market conditions and the recent Twitter purchase of self-proclaimed “Dogefather” Elon Musk. Twitter May Not Be DOGE-Friendly After All After Musk completed his $44 billion buyout of the social media platform, Dogecoin surged mightily, increasing its price by around 130%. This proved that the vocal DOGE supporter still remains one of the biggest factors that could affect the asset’s price trajectory. It turns out, that idea may be out of the question right now, as there are circulating reports that the social media giant, now under new management, plans to cease all plans related to crypto integration. Following this, DOGE declined by more than 11% in just a span of 24-hours as it learned that even with Elon Musk now calling the shots, Twitter cannot be considered as its friend all the time. Still, whales seem to be not affected by the development as during the same timeframe, more than $18 million worth of Dogecoin moved from wallet to wallet. The information provided is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. The opinions are from 3rd parties, claims have not been independently verified by us, and we have not been compensated in any way to review the companies or symbols mentioned. [Read the original article here.](  ---------------------------------------------------------------  It’s Time to Be Skeptical of the EV Industry A problem that, truthfully, could make it impossible for electric vehicles to surpass gasoline-powered cars. No one in the EV space wants to talk about this issue… because they know it could stop EV market growth in its tracks. [Click here to read more.]( Sponsored  ---------------------------------------------------------------  Man Who Made 972% in Two Days Trading TSLA Now Says: “Buy VLEO!” Lou Basenese, “The Billion Dollar Man,” has an urgent NEW prediction… “VLEO is Set to Surge by January 1, 2023!” And right now, he says is the PERFECT time to get in. [Just click here now for the full details on VLEO.]( Sponsored  ---------------------------------------------------------------  Top Wall Street Insider Reveals the Best Stocks to Buy Right Now A special eight-month investigation has uncovered a rare class of companies Wall Street tried to hide. Some of these stocks have produced exceptional gains of 22,000% in less than a year. [Get the full story here.]( Sponsored  --------------------------------------------------------------- [Chart Pattern Trading] This contains contains paid ads from 3rd parties, for a product or service that is not offered, recommended or endorsed by us and for which claims have not been independently verified. We bear no responsibility nor have control over the content and /or the products or services offered[.]( The information is intended for informational purposes only and does not promise any results. There is a high degree of risk involved with trading. Nothing herein should be construed as an offer, or solicitation of an offer to buy or sell securities. You should always consult with a licensed securities professional before purchasing or selling securities. If you use, act upon or make decisions in reliance on information contained herein or any external source linked within it, you do so at your own risk and agree to hold us, our officers, directors, shareholders, affiliates and agents harmless. Principals, employees or affiliates of our company may have an interest, a position or effect transactions in the companies discussed (or options thereon) and /or otherwise employ strategies that may be consistent or inconsistent with the provided strategies. Please review our [TOS](. Company information for Chart Pattern Trading: Digiclicks Ltd, 2423 SW 147th Ave #790, Miami, FL 33185, USA. Phone: 305-686-8087

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