Dogecoin Price Prediction – DOGE a Buying Opportunity at $0.134
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The Dogecoin price has risen significantly above $0.1400 in the last 24 hours. However, at this point, there appears to be a minor pullback in price towards the $0.1330 level.
However, this likely profit-taking can be seen as a buying opportunity, as the token looks set to catch more tailwind on the back of Elon Musk’s Twitter takeover.
Also the Binance involvement could be a breakthrough moment for crypto with founder CZ speaking about the Twitter crypto possibilities at the Web3 Summit in Lisbon.
We might still be in a 🐻 market, but these conferences are not getting smaller.
Fullhouse at SFF session. (video sent by a friend) https://t.co/9mJvpb8Q8h pic.twitter.com/lIx7Oo1ez7
— CZ 🔶 Binance (@cz_binance) November 3, 2022
DOGE’s Forecast Statistics Data:DOGE price: is $0.1346Dogecoin’s market capitalization: $17.70 billionDogecoin circulating supply: 132.67 billionDOGEs overall supply: 132.67 billionDogecoin Coinmarketcap ranking: #8
Major Levels:Top Level: $0.1380, $0.1420, $0.1450Base Levels: $0.1346, $0.1320, $0.1300
Dogecoin Price Prediction November 3, 2022: DOGE/USD Ready For More Upside
The daily DOGE/USD price action can be said to be having a minor pullback. This can be seen as the last price candlestick in the chart above.
Nevertheless, the current price is still a significant distance away from the Fibonacci level of 38.20.
Also, generally speaking, the uptrend is still in tact, as price activity remains high above the SMA line.
Coming to the Stochastic RSI, the lines are still in the overbought area. As a plus though, these curves are very close to each other and may soon give a bullish crossover signal while in the overbought region.
Summing up, one can conclude that the current set up is an opportunity for traders to buy at a lower price. Dogecoin buyers are preparing to attack the $0.1400 price level with greater tenacity. Eventually, expect resistance to flip and the Dogecoin price to find support above this level, and move on from there.
Dogecoin Price Prediction – November 3, 2022: DOGE/USD Price Is Taking off to the Upside
Looking at the DOGE/USD 4-hour market, it reveals that price action has already begun its move towards a higher resistance level.
On this chart, we note that the last candlestick is bullish. As a result, this has caused the Stochastic RSI curves to begin attempting a bullish crossover in the oversold region.
Furthermore, it can be seen that the last price candle has pushed the price back up above the MA line. Also, it is almost certain that more buy orders will be triggered in the Dogecoin market at this point. Consequently, this will cause bullish price action to increase as earlier stated.
Dogecoin is a Buy – And So Too is New Green Crypto IMPT
If you think Dogecoin is a buy after reading our analysis, but you’re worried about its carbon footprint, then you might want to consider taking a look at a much more sustainable crypto, IMPT.
Eco-friendly cryptocurrency IMPT is not just more sustainable from an energy-usage perspective, it is specifically designed to help consumers and businesses to offset their carbon footprint, and that makes it revolutionary.
IMPT is currently in presale and has raised $12 million in a month – a remarkable achievement that attests to its appeal.
If you want to get involved in the IMPT green rush, then head over to the presale before the price ladder goes up another rung. The IMPT token can currently be bought for $0.023.
…Or If You Prefer to Stick With Meme Coins, Buy One That’s A Bit Different to Dogecoin – Try Tamadoge
But if she are a particularly attracted to meme coins and are on the look out for one that might “do a doge” and 100x, then we recommend Tamadoge.
Unlike Dogecoin, Tamadoge has utility beyond being a means of exchange as it is building a play-to-earn game in its mash up of Tamagotchi and blockchain, in a world where you get paid for looking after your pet.
The first version of the game is scheduled to drop this year with metaverse partnership deals expected early in 2023. There are also rumors of a big exchange listing coming soon.
Buy Tamadoge today.
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