Bitcoin Halving and Dogecoin Day Celebrated Simultaneously

An important day in the crypto world, Dogecoin Day, coincided with Bitcoin’s halving event. This was welcomed with great excitement by the community, leading to a widespread awareness campaign on social media. Dogecoin has gained a strong following since its launch in 2013. Key Points to Note While positive signals are observed in Dogecoin prices, the cryptocurrency is facing resistance at the 100-day and 50-day SMA levels. Breaking these resistances could push Dogecoin’s price to the psychological threshold of $0.20. Potential Scenarios for Dogecoin If Dogecoin fails to surpass the $0.20 level, the ascending wedge formation could become void, and prices could fall to $0.1278. In this case, reaching the psychological threshold of $0.1000 seems likely. Useful Insights It is known that Dogecoin has gained a strong following since its launch. The coinciding of Bitcoin halving event with Dogecoin Day is an important development for both cryptocurrencies. Potential upward and […]

Bitcoin Halving and Dogecoin Day Celebrated Simultaneously

An important day in the crypto world, Dogecoin Day, coincided with Bitcoin’s halving event. This was welcomed with great excitement by the community, leading to a widespread awareness campaign on social media. Dogecoin has gained a strong following since its launch in 2013.

Key Points to Note

While positive signals are observed in Dogecoin prices, the cryptocurrency is facing resistance at the 100-day and 50-day SMA levels. Breaking these resistances could push Dogecoin’s price to the psychological threshold of $0.20.

Potential Scenarios for Dogecoin

If Dogecoin fails to surpass the $0.20 level, the ascending wedge formation could become void, and prices could fall to $0.1278. In this case, reaching the psychological threshold of $0.1000 seems likely.

Useful Insights

It is known that Dogecoin has gained a strong following since its launch.
The coinciding of Bitcoin halving event with Dogecoin Day is an important development for both cryptocurrencies.
Potential upward and downward scenarios should be evaluated as critical thresholds for investors.
Psychological resistance levels can play a significant role and affect investor decisions.

In conclusion, the important days for Dogecoin and Bitcoin are of great importance for the cryptocurrency market, and investors need to be prepared for such events. While both cryptocurrencies offer attractive investment opportunities, technical indicators and market sensitivity are critical during this period.

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how to buy crypto?
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