The pivotal support for Dogecoin vs the US dollar is currently at $0.0595. If DOGE makes a decisive breakout above $0.062 and $0.0635, it may begin a new uptrend.
#DOGE began a new slide, and it retested the $0.0595 support level versus the USD.
The market is currently trading below $0.062 and the 100 SMA (4 hours).
In the 4-hour chart for the DOGE/USD pair, resistance is formed at $0.0610, indicating the formation of a significant bearish trend line (data source from Kraken).
Possible resistance levels to break above are $0.0615 and $0.0620.
The pivotal support for #Dogecoin vs the US dollar is currently at $0.0595. If DOGE makes a decisive breakout above $0.062 and $0.0635, it may begin a new uptrend.
The price of DOGE dropped again and was back at $0.0595/USD.
The current price is below the 100 day moving average and the $0.062 support level (4 hours).
In the 4-hour chart for the DOGE/USD pair, a significant bearish trend line is forming with resistance at $0.0610. (data source from Kraken).
It's possible that the price will have trouble breaking over $0.0615 and $0.0620.
Maintaining Dogecoin's Value
Dogecoin's price started falling again after it had trouble breaking below $0.0635. The price of DOGE fell below $0.0612 and briefly above $0.060.
Similar to Bitcoin and Ethereum, it has created a bottom around $0.0593 and is presently reversing its decline. The price climbed above $0.0602. The decline from the swing high at $0.0634 to the low at $0.0593 was retraced by 23.6% of the price, and the price has now risen above that level.
The price of DOGE has dropped below $0.0615 and the 100 day moving average (4 hours). The price is meeting sellers at the $0.0610 mark on the rise. In the 4-hour DOGE/USD chart, a significant bearish trend line is formed with resistance at $0.0610.
The initial point of significant resistance is at $0.0615. The decline from the $0.0634 high to the $0.0593 low is almost to its 50% Fibonacci retracement level.
The $0.0635 resistance may be tested if the price manages to close above $0.0615. We anticipate further stiff competition close to $0.0650. If prices continue to rise, they may test the $0.0685 resistance level.
Does $DOGE Allow For Dips?
If the price of DOGE can't get up steam above the $0.0612 mark, it may start a new downtrend. The $0.060 level acts as first support for a further drop.
The $0.0595 area represents the next significant support. Price may fall lower if it breaks down below the $0.0595 support level. Given the scenario presented, we may see a drop in price down to the $0.055 level.

With the current downtrend and descending triangle pattern forming on the Dogecoin price chart, it seems unlikely that Dogecoin will hit the $0.1 mark before the end of 2023.
Dogecoin is currently trading around $0.06, which aligns with the lower support trendline of the descending triangle pattern. Typically in this pattern, a breakout occurs in the direction of the overarching trend, which has been bearish for Dogecoin, according to altFINS. If the price breaks below the $0.06 support level, we can expect Dogecoin to drop to test the next support around $0.053.

The momentum indicators also hint at weakening bullish strength for Dogecoin. While the MACD line remains above the signal line in bullish territory, the histogram bars are declining and the RSI is below 45 indicating fading upside momentum.
To hit $0.1, Dogecoin would have to break past the stiff overhead resistance around $0.07 (also the 200-day moving average) as well as the psychological resistance at $0.1. With the current technical setup, this seems unlikely given the bearish momentum.
The path of least resistance appears to be for Dogecoin to break down from the triangle rather than breaking out above it.
The technical analysis site Walletinvestor.com has issued a bearish Dogecoin price forecast, projecting that the average DOGE price could decline to $0.01069 by the end of 2023.
Therefore, while anything is possible in crypto, the odds seem stacked against Dogecoin hitting the $0.1 level in the remaining months of 2023. The trajectory would have to reverse sharply from the current downtrend and technical posture for Dogecoin to have a chance at $0.1 before year’s end. Unless buyers step in aggressively, Dogecoin may end up retesting lower support levels instead.
*Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Dogecoin #DOGE $DOGE

The crypto market's eyes are on Floki Inu (FLOKI) as it recently made a notable price move, sparking discussions about its October performance. This article delves into the factors contributing to FLOKI's potential rally, including insights from crypto influencer Crypto Tony. We'll also examine historical correlations with Dogecoin (DOGE) and analyze technical indicators to speculate on its future price targets.
FLOKI's Recent Surge and Market Attention
Between September 26 and 27, FLOKI experienced a price jump from $0.00001561 to $0.00001596, capturing the attention of crypto enthusiasts. While it has retraced slightly to $0.00001590, the crypto community is buzzing with anticipation of a strong October performance.
Crypto Tony's Insights and DOGE Correlation
Crypto Tony, a prominent NFT and crypto investor, believes that FLOKI's rally could be fueled by the potential price increase of Dogecoin (DOGE). Additionally, he points out that FLOKI is currently in a macro support zone, signaling the possibility of significant accumulation in this area. This insight draws parallels to DOGE's historical performance.
Examining FLOKI's Historical October Performance
In 2022, FLOKI did not have a stellar October; however, in 2021, shortly after its launch, it surged from $0.000068 to $0.0027 between October and November. Interestingly, DOGE also experienced a similar performance during the same period. Analyzing these historical trends can provide valuable insights into FLOKI's potential this October.
Technical Analysis and Potential Price Targets
Analyzing the daily chart, FLOKI has been trading within a tight range between $0.0000153 and $0.0000164, indicating a lack of liquidity. However, recent signs of an uptrend, with FLOKI moving from $0.0000155 to $0.0000158, suggest a potential shift. The Awesome Oscillator (AO) and Relative Strength Index (RSI) are also discussed as key indicators to watch for potential entry points and price targets.
Potential Future Scenarios
Considering the insights from Crypto Tony and technical indicators like the RSI, FLOKI's future scenarios are explored. If accumulation occurs as suggested at $0.0000158, the article speculates on the possibility of FLOKI hitting $0.000019 in the coming days. It also discusses the significance of RSI crossing specific zones in determining FLOKI's first target.
In Summary
Floki Inu (FLOKI) has grabbed the crypto market's attention with its recent price movement, prompting discussions about its October performance. Insights from Crypto Tony, historical correlations with DOGE, and technical indicators suggest potential future scenarios. However, readers are reminded to conduct their research and due diligence before making any investment decisions in the volatile crypto market.
#FlokiInu #Dogecoin #FLOKI #DOGE $FLOKI $DOGE #TechnicalAnalysis

Elon Musk hints at a crucial upcoming update for X during a casual conversation with a Dogecoin team member.The transformational journey of X from a microblogging platform to a super app continues, with integrated financial services being a significant part of the vision.
In a spontaneous exchange sparking the tech realm’s imagination, Elon Musk, the visionary CEO behind X (formerly Twitter), teased an upcoming significant update. This titillating revelation came about during a lighthearted discussion with a notable Dogecoin (DOGE) designer, sending ripples of anticipation through the crypto and tech communities alike.
Transitioning Icons and Identities
The dialogue kicked off with the Dogecoin designer suggesting a retirement of the existing birdhouse icon, symbolizing the “home” feature on X. With a response as cryptic as it was thrilling, Musk reciprocated saying, “We will.” This remark reflects a potentially deeper strategy underlying the new guise X is donning under Musk’s stewardship.

The absence of surprise is evident, given Musk’s unyielding approach towards dissociating from what X once symbolized. A rigorous identity transformation has been underway since Musk’s acquisition and subsequent rebranding of Twitter a year ago. Emblematic of this metamorphosis was the replacement of the famed bluebird logo with the emblematic “X,” a move that fanned the flames of discourse far and wide.
Under the aegis of Musk, X’s voyage from a microblogging hub to a super app is in full swing. This ambitious vision encompasses the melding of financial services like banking and payments directly into the platform’s fabric. Emboldening this vision, X has secured money transfer licenses across multiple US states including Arizona, Missouri, and Georgia, thereby laying the groundwork for a seamless financial ecosystem within the platform.
The path ahead for X includes the innovative introduction of a “small monthly fee” for users. Aimed predominantly at mitigating bot and spam-related issues, this subscription-centric approach is Musk’s pragmatic solution to the relentless dilemma of automated accounts. The teaser by Musk in his recent conversation not only reflects the relentless innovation at X but also potentially forecasts more integrative interactions between the realms of social media and cryptocurrency.
*Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Dogecoin #DOGE $DOGE

#DOGE $DOGE Dogecoin es una criptomoneda que nació como una broma en 2013, inspirada en el meme del perro Shiba Inu¹. Sin embargo, con el tiempo se ha convertido en una de las monedas digitales más populares y utilizadas en el mundo, con una capitalización de mercado de más de 8.700 millones de dólares².Una de las características que distingue a dogecoin de otras criptomonedas es su espíritu divertido y solidario. Los usuarios de dogecoin se llaman a sí mismos "shibes" y suelen enviar y recibir pequeñas cantidades de dogecoins como propina o donación para apoyar causas benéficas o proyectos interesantes. Por ejemplo, la comunidad de dogecoin ha financiado el envío de un equipo jamaicano de bobsleigh a los Juegos Olímpicos de Invierno de 2014, la construcción de un pozo de agua potable en Kenia y el lanzamiento de un satélite llamado Doge-1 a la luna¹.Otro aspecto que hace atractivo a dogecoin es su facilidad de uso y acceso. Dogecoin se basa en la tecnología blockchain, que es un sistema descentralizado y seguro que permite registrar y verificar las transacciones sin intermediarios. Para obtener y almacenar dogecoins, solo se necesita una billetera digital gratuita que se puede descargar desde el sitio web oficial². Además, dogecoin tiene una oferta ilimitada y una alta velocidad de producción, lo que significa que hay más monedas disponibles y se pueden enviar y recibir más rápido que otras criptomonedas¹.Pero, ¿qué tiene que ver dogecoin con los moocs? Los moocs son cursos online masivos y abiertos, que ofrecen educación gratuita y de calidad a cualquier persona con conexión a internet. Los moocs cubren una gran variedad de temas, desde ciencias, tecnología, arte, negocios, idiomas y más. Algunas plataformas que ofrecen moocs son Coursera, edX, Udemy y Khan Academy.Dogecoin y los moocs comparten una visión común: democratizar el acceso a los recursos y el conocimiento. Por eso, algunos moocs han incorporado dogecoin como una forma de incentivar y recompensar el aprendizaje. Por ejemplo, el curso "Bitcoin and Cryptocurrency Technologies" de la Universidad de Princeton en Coursera³ permite a los estudiantes obtener dogecoins al completar las tareas y los exámenes. Así, los estudiantes pueden experimentar con la criptomoneda mientras aprenden sobre ella.Otro ejemplo es el curso "Blockchain and Cryptocurrency Explained" de la Universidad de Michigan en Coursera, que también ofrece dogecoins a los estudiantes que superan los desafíos del curso. El objetivo es motivar a los estudiantes a explorar las aplicaciones prácticas del blockchain y las criptomonedas.Dogecoin es más que una moneda, es una comunidad. Una comunidad que apoya la innovación, la educación y la diversión. Dogecoin es la moneda de los moocs.---Espero que te haya gustado el artículo. Si tienes alguna pregunta o comentario, no dudes en escribirme. 😊Origen: Conversación con Bing, 25/9/2023(1) Best Cryptocurrency Courses & Certifications [2023] | Coursera Online .... https://www.coursera.org/courses?query=cryptocurrency.(2) Dogecoin (DOGE) Explorer — Dogechain™. https://dogechain.info/.(3) Precio, gráficos, capitalización de mercado de Dogecoin (DOGE .... https://coinmarketcap.com/es/currencies/dogecoin/.

DOGE is currently testing its support level at $0.06. This could result in a positive response, but falling below $0.06 would be a negative signal.When we move to medium-term analysis, we observe that Dogecoin (DOGE) is within a medium to long-term downtrend. This indicates increasing pessimism among investors.Medium-term analysis shows that the cryptocurrency is neutral, and long-term analysis also suggests that the cryptocurrency is neutral.

In our current DOGE analysis, we evaluate the short, medium, and long-term outlook for the cryptocurrency: Can DOGE find strength at a critical support level?
Short-Term DOGE Analysis

DOGE/USDT
Starting with the analysis of Dogecoin (DOGE), we see that the cryptocurrency is in a short-term downtrend. This indicates that investors are willing to accept lower prices over time, signifying a negative development and decreased buying interest in the cryptocurrency. DOGE is currently testing its support at $0.06. This could result in a positive response, but falling below $0.06 would be a negative signal. The RSI curve shows a downward trend, supporting the negative trend. From a short-term technical perspective, DOGE is considered neutral.
Medium-Term DOGE Analysis

DOGE/USDT
Moving to medium-term analysis, we find that Dogecoin (DOGE) is within a medium to long-term downtrend. This indicates increasing pessimism among investors and could be a harbinger of further declines for DOGE. The cryptocurrency is currently moving within a rectangle formation between support at $0.06 and resistance at $0.09. A clear break of one of these levels will indicate a new direction.
DOGE is currently testing its support at $0.06. This could result in a positive response, but falling below $0.06 would be a negative signal. The RSI curve shows a downward trend, supporting the negative trend. From a medium-term technical perspective, DOGE is considered neutral.
Long-Term DOGE Analysis

DOGE/USDT
In our long-term analysis, we see that Dogecoin (DOGE) is within a long-term downtrend. This indicates increasing pessimism among investors and could be a harbinger of further declines for DOGE. The cryptocurrency is currently moving within a rectangle formation between support at $0.06 and resistance at $0.11. A clear break of one of these levels will indicate a new direction.
DOGE is currently testing its support at $0.06. This could result in a positive response, but falling below $0.06 would be a negative signal. Volume peaks and volume troughs align well with price peaks and troughs. This weakens the downtrend and could be an early signal of an upcoming trend reversal. From a long-term technical perspective, DOGE is considered neutral.
Dogecoin Price
The current live price of Dogecoin is $0.061316, with a 24-hour trading volume of $152,483,427 USD. Dogecoin has lost 0.49% in the last 24 hours. It currently ranks 7th on CoinMarketCap with a live market cap of $8,652,454,838 USD. Dogecoin has a circulating supply of 141,113,256,384 DOGE coins.
Summary
DOGE analysis evaluates the short, medium, and long-term outlook for the cryptocurrency. Short-term analysis indicates that the cryptocurrency is neutral. Medium-term analysis shows that the cryptocurrency is neutral, and long-term analysis also suggests that the cryptocurrency is neutral. Investors should consider these analyses and closely monitor market conditions when making decisions.
$DOGE #dogecoin #DOGE

#Dogecoin 's value versus the US dollar is on the rise again after briefly falling to the $0.060 mark. If DOGE manages to break over the $0.0640 resistance level, further gains may be in store.

Over $0.0615, #DOGE began a respectable uptrend versus the USD.

The current price is higher than both $0.062 and the 100 day moving average (4 hours).

On the 4-hour chart, the DOGE/USD pair is creating a significant ascending channel with resistance near $0.0640. (data source from Kraken).

It's possible that the price may have trouble breaking over $0.0638 and $0.0640.

Dogecoin's Value Begins to Rise

Following a precipitous drop, the price of Dogecoin stabilised at the $0.0595 area. Recently, DOGE has begun a recovery wave after trading as low as $0.0591. After a strong rise above $0.0600, the price levelled off at around $0.0612.

Bitcoin's recent rise beyond $27,000 has been a boon to the recovery of other cryptocurrencies. Dogecoin has also broken through an important barrier, $0.062, and is exhibiting some promising behaviour. The drop from the swing high of $0.0685 to the low of $0.0591 has been retraced 23.6% of the way, and the price has broken above that level.

The price of DOGE has broken through the $0.062 resistance level and the 100 SMA (4 hours). The $0.0638 area is acting as barrier for buyers looking to push prices higher. The decline from the $0.0685 high to the $0.0591 low is almost to its 50% Fibonacci retracement level.

The initial point of significant resistance is at $0.0640. In addition, on the 4-hour chart of the DOGE/USD pair, resistance is building at $0.0640.

If the price manages to close over $0.0620, it might rise to test the next resistance level at $0.0670. The next significant barrier is at $0.0685. If prices continue to rise, they may test the $0.072 mark.

Does $DOGE Allow For Dips?

If the price of DOGE can't get up steam over the $0.0640 mark, a downward correction may begin. The $0.0620 area is an early area of support for a decline.

The area around $0.060 represents the next significant support. Price declines are possible if the $0.060 support is breached to the downside. Under the scenario given, the price might fall towards $0.0565.

The MACD for DOGE/USD during the past four hours has been losing positive momentum.

Four-hour relative strength index (RSI) reading for DOGE/USD: RSI is over 50, indicating a bullish trend.

There are several significant support levels between $0.0620 and $0.0565.

Significant Resistance at $0.0638, $0.0640, and $0.0685.

The New York Department of Financial Services (NYDFS) has taken significant steps in redefining its approach to regulating the world of virtual currencies. On Monday, September 18, the NYDFS announced a set of revised regulations, shedding light on its criteria for listing and delisting cryptocurrencies. One of the notable exclusions from its approved list is Ripple's XRP, alongside Dogecoin (DOGE).

The NYDFS's Regulatory Overhaul

The NYDFS has introduced revised regulations aimed at providing greater clarity in the cryptocurrency market. These changes signify a shift towards a more proactive approach in supervising financial institutions dealing with cryptocurrencies. Previously, DFS-licensed businesses could add and endorse digital assets without extensive oversight. The new guidelines elevate the standards for evaluating the risk associated with introducing new cryptocurrencies, especially for organizations serving retail clients.

Ripple's XRP and Dogecoin Dropped

Among the notable changes in the NYDFS's approved list, two cryptocurrencies, Ripple's XRP and Dogecoin, have been excluded. This move aligns with the department's revamped rules. While XRP had displayed remarkable resilience in the crypto market, boasting a 44% price surge over the past year, it now faces challenges as it is no longer on the NYDFS's greenlist. We'll explore the potential implications for these excluded cryptocurrencies.

XRP Price Analysis

Despite being removed from the NYDFS's approved list, XRP continues to demonstrate its resilience in the crypto market. Its price currently stands at $0.5077, with recent gains of 0.94% in a day and an impressive 6.09% in a week. We'll delve into the technical levels of XRP, examining support and resistance, and discuss its trading activity, including the significance of trading below the 200-day moving average.

Monitoring the Impact

The regulatory changes introduced by the NYDFS have significant implications for cryptocurrency firms operating in New York. With only eight tokens and coins remaining on the new greenlist, crypto businesses will need to adapt to a more stringent regulatory environment. We'll explore how these changes might affect the operations and strategies of crypto firms in the state, as well as the importance of monitoring XRP's inflation rate for its long-term value and purchasing power.

In Summary

The NYDFS's revised regulations have ushered in a new era for cryptocurrency oversight in New York. Ripple's XRP and Dogecoin have been notably removed from the approved list, setting the stage for increased scrutiny and regulation in the crypto market. While XRP continues to show resilience, crypto businesses in the state will need to navigate these changes carefully. As the crypto landscape evolves, staying informed about regulatory developments and their impact on specific cryptocurrencies is essential for market participants.

#NYDFS #XRP #DOGE $XRP $DOGE #Ripple #DogeCoin

On Monday, September 18, the New York Department of Financial Services (NYDFS) proposed substantial changes to its virtual currency oversight regime. These changes have a direct impact on what cryptocurrencies licensed firms in New York can offer to their customers.

Among the notable changes, the NYDFS has delisted Ripple (XRP) and Dogecoin (DOGE) from its exclusive “greenlist” of approved cryptocurrencies. This means that virtual currency (VC) firms in New York are no longer permitted to list or trade XRP, DOGE, LTC, or other coins removed from the list.

Only eight cryptocurrencies, including Bitcoin, Ethereum, Gemini Dollar, GMO JPY, GMO USD, Pax Dollar, and the just-launched Paypal Dollar (PYUSD), are now supported by the regulator’s greenlist.

Understanding the NYDFS Greenlist Criteria

The NYDFS greenlist is a compilation of cryptocurrencies that meet the regulatory standards set by the agency. To secure a spot on this list, a cryptocurrency must satisfy specific criteria. These criteria include demonstrating a sufficient level of decentralization, maintaining a robust security track record, and possessing a clear and legitimate use case, among others.

However, the NYDFS has not only delisted certain cryptocurrencies but has also introduced new rules for crypto listings. The agency now expects greater transparency from crypto firms in how they evaluate and list cryptocurrencies.

While the NYDFS has not disclosed a specific reason for removing XRP and DOGE from the greenlist, it is worth noting that the agency has expressed concerns regarding the regulatory status of both cryptocurrencies in the past.

Notably, the Securities and Exchange Commission (SEC) has an ongoing lawsuit against Ripple, the company behind XRP, alleging that XRP is an unregistered security. Although the announcement has many people worried, Wrath of Kahneman, a user on X (Twitter), explained that this does not mean that Ripple or any of its firms have lost their payment licenses in New York.

He stated that this new development suggests that license holders for the NYDFS may only custody digital assets on the green list.

The removal of XRP and DOGE from the New York State Department of Financial Services (NYDFS) greenlist could restrict trading options for investors in New York, potentially leading to decreased liquidity and subsequent price declines. Additionally, this action by the NYDFS may influence other exchanges and venture capital firms to delist XRP and DOGE, further exacerbating the liquidity and price challenges for these tokens.

However, none of these coins have reacted negatively to this development and are currently trading in the green as of the time of writing this.

SOURCE : https://rexbox.online/rexbox-nydfs-delists-xrp-and-doge-from-greenlist-what-to-know/

#NYDFS #Delists #XRP #DOGE #Greenlist

In the past week, Dogecoin (DOGE) has demonstrated a marginal gain of 0.7%. However, within the last 24 hours, the meme coin experienced a slight dip of 0.1%. This trend can be attributed to low trading volumes, which have limited significant price movements. Over the last 24 hours, DOGE's trading volumes decreased by approximately 18%, amounting to $138 million. The decline in trading volumes signifies a prevailing bearish sentiment.

Dogecoin's Price Movements and Support Levels

Dogecoin has consistently rebounded from the $0.0621 support level, often serving as an entry point for buyers. A minor increase to $0.0625 is anticipated if more buyers accumulate at these levels. However, a drop below $0.0616 is likely to exert selling pressure, potentially causing DOGE to plummet to the September 11 level of $0.0597. The low trading volumes indicate hesitancy among buyers and sellers, awaiting critical price levels.

The price trend for Dogecoin has formed a death cross, with the 50-day simple moving average (SMA) crossing below the 100-day SMA. Although this pattern may seem ominous, historically, it's followed by a near-term rebound. The Moving Average Convergence Divergence (MACD) line suggests bearish momentum, yet the green histogram bars hint at a potential upcoming rebound. The Relative Strength Index (RSI) at 39 points to selling activity, with the RSI line showing stagnation, suggesting a cautious approach by market participants.

Community Engagement Impact on Dogecoin's Stagnation

Elon Musk, the self-proclaimed "DOGE father," has notably remained quiet about Dogecoin recently. Traditionally, DOGE experiences rallies following mentions by the Tesla CEO, but the current lack of engagement contributes to DOGE's stagnant state. Furthermore, Dogecoin's creator, Billy Markus, characterized the DOGE community as "dead" in a recent Twitter exchange, emphasizing a lack of active engagement. Meme coins heavily rely on community engagement to drive momentum, and this absence has been apparent for over a year according to Markus.

BitcoinBSC's Remarkable Presale Success

BitcoinBSC is currently capturing significant attention in the crypto space, with its presale raising an impressive $2.5 million in just two weeks since its launch. The presale has a soft cap of $3.96 million, a target anticipated to be achieved rapidly given the enthusiastic response from early investors. Drawing inspiration from Bitcoin, BTCBSC is priced at $0.99, resembling Bitcoin's price in 2011. However, BitcoinBSC stands out by being built on the more sustainable BNB Chain and implementing a stake-to-earn model. The staking platform offers an attractive APY of 260%.

BitcoinBSC's tokenomics mirror those of Bitcoin, featuring a capped supply of 21 million coins. During the presale, 29% of the supply is available, while 69% will be allocated to staking rewards and 2% to exchange liquidity.

source : https://rexbox.online/rexbox-can-doge-reach-0-1-in-the-coming-weeks/

#DOGE #Reach #Coming #Weeks