• About
  • Landing Page
  • Buy JNews
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Will The $0.06 Assist Stage Maintain?

SB Crypto Guru News by SB Crypto Guru News
September 14, 2023
in Bitcoin
0 0
0
Will The alt=


Dogecoin (DOGE) has had its share of ups and downs. Just lately, because the altcoin market skilled a major selloff, DOGE discovered itself caught within the turmoil, succumbing to substantial outflows earlier within the week. 

This downturn had a essential consequence, because it despatched the coin’s worth plummeting under an important help trendline that had been instrumental in propping up DOGE for over three weeks. 

Because the market sentiment shifted, this breakdown raised issues concerning the future trajectory of Dogecoin, hinting at a doable continuation of the downtrend and additional worth declines.

Dogecoin Breakdown And Retest

On a fateful Monday, DOGE’s worth decisively breached the help trendline, taking a nosedive to succeed in a low of $0.0593. Nevertheless, the cryptocurrency market is thought for its swift and unpredictable strikes, and DOGE was no exception. 

Bulls promptly rallied, pushing the value up in a retest of the very trendline that had become resistance. On the time of writing, the present DOGE worth stands at $0.061452, with a 24-hour acquire of 0.5% and a seven-day dip of three.0%.

DOGE seven-day worth motion. Supply: Coingecko

The essential query now’s whether or not this retest section will display the sustainability of DOGE’s worth under the trendline. If it does, the outlook for Dogecoin, in line with a worth evaluation, stays unsure, with the potential for a further decline of roughly 8%, focusing on the $0.056 zone. Merchants and traders are keenly watching this juncture, as it might dictate DOGE’s short-term future.

Longer-Time period Evaluation On The Meme Coin

Past the rapid challenges, some analysts have provided a longer-term perspective on Dogecoin. A separate report suggests a Dogecoin worth prediction of $0.10 by the point the following decade rolls round, representing a significant 68% improve. 

This prediction raises eyebrows, contemplating DOGE’s historical past of meteoric rises. Nevertheless, it’s important to keep in mind that previous efficiency within the fast-paced crypto world doesn’t at all times point out future outcomes.

DOGE market cap nonetheless under $9 billion. Chart: TradingView.com

The Dogecoin Dilemma

Whereas Dogecoin undeniably boasts a loyal fanbase and a handful of movie star endorsements, it hasn’t showcased the identical degree of aggressive development technique or revolutionary options as a few of its youthful counterparts, like Shiba Inu.

Because the cryptocurrency panorama continues to evolve, DOGE faces the problem of staying related and aggressive in a subject the place innovation and adaptableness are extremely prized.

And, as Dogecoin finds itself at a essential juncture, its worth is teetering on a support-turned-resistance trendline. The broader altcoin market’s efficiency and investor sentiment will possible play a pivotal function in figuring out DOGE’s near-term destiny. 

(This web site’s content material shouldn’t be construed as funding recommendation. Investing includes threat. Once you make investments, your capital is topic to threat).

Featured picture from iStock



Source link

Tags: Bitcoin NewsCrypto NewsCrypto UpdatesholdLatest News on CryptoLevelSB Crypto Guru NewsSupport
Previous Post

After 25 years of working solely in London, Stuart Shave’s Trendy Artwork gallery will open in Paris

Next Post

Multicloud connectivity for regulated business workloads on IBM Cloud

Next Post
Multicloud connectivity for regulated business workloads on IBM Cloud

Multicloud connectivity for regulated business workloads on IBM Cloud

  • Trending
  • Comments
  • Latest
How to Get Token Prices with an RPC Node – Moralis Web3

How to Get Token Prices with an RPC Node – Moralis Web3

September 3, 2024
The Metaverse is Coming Back! – According to Meta

The Metaverse is Coming Back! – According to Meta

February 7, 2025
NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

September 6, 2024
AI & Immersive Learning: Accelerating Skill Development with AI and XR

AI & Immersive Learning: Accelerating Skill Development with AI and XR

June 4, 2025
Meta Pumps a Further  Million into Horizon Metaverse

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025
Chiliz Chain Deep Dive – Why Build on Chiliz Chain? – Moralis Web3

Chiliz Chain Deep Dive – Why Build on Chiliz Chain? – Moralis Web3

September 10, 2024
ChatGPT as a Crypto Trading Assistant: Capabilities and Limitations

ChatGPT as a Crypto Trading Assistant: Capabilities and Limitations

0
Somerset House to mark 25 years as a public space with weekend of free events – The Art Newspaper

Somerset House to mark 25 years as a public space with weekend of free events – The Art Newspaper

0
XRP Set To Shock The Crypto Market With 30% Share: Analyst

XRP Set To Shock The Crypto Market With 30% Share: Analyst

0
XRP Price Risks Breakdown To Next Support Level, Why .28 Is Important

XRP Price Risks Breakdown To Next Support Level, Why $2.28 Is Important

0
Dorsey Launches Bitchat, a Bluetooth-Only Messaging App

Dorsey Launches Bitchat, a Bluetooth-Only Messaging App

0
Elon Musk’s America Party embraces Bitcoin

Elon Musk’s America Party embraces Bitcoin

0
XRP Set To Shock The Crypto Market With 30% Share: Analyst

XRP Set To Shock The Crypto Market With 30% Share: Analyst

July 7, 2025
Somerset House to mark 25 years as a public space with weekend of free events – The Art Newspaper

Somerset House to mark 25 years as a public space with weekend of free events – The Art Newspaper

July 7, 2025
Elon Musk’s America Party embraces Bitcoin

Elon Musk’s America Party embraces Bitcoin

July 7, 2025
Bitcoin Gets a Shoutout in Drake’s Song ‘What Did I Miss?’

Bitcoin Gets a Shoutout in Drake’s Song ‘What Did I Miss?’

July 7, 2025
UAE Authorities Debunk Golden Visa Program for Digital Asset Investors

UAE Authorities Debunk Golden Visa Program for Digital Asset Investors

July 7, 2025
Dorsey Launches Bitchat, a Bluetooth-Only Messaging App

Dorsey Launches Bitchat, a Bluetooth-Only Messaging App

July 7, 2025
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.