Looks like Dogecoin (DOGEUSD) has gone up for a while now printing massive growth...
We have multiple bearish signals starting to develop on this chart.
Today, we can see DOGEUSD moving below EMA10.
EMA21 has already been tested as support... The next time it is hit it is likely to break.
We have bearish divergence with the RSI, same on the weekly timeframe.
Where is the next support? First, we look for $0.294 followed by $0.193...
How far down can it go if it does crash? This can vary depending on how the market behaves, the bearish signals can even be invalidated... With that said, when I look at DOGEUSD weekly, prices can drop as low as $0.09 but it is too early for that...
Let's continue.
The daily MACD:
And the RSI (bearish divergence and broken trend line support):
We will see Bitcoin move higher as Dogecoin corrects and move lower. That's my prediction... What's yours?
DOGE is a meme, joke, and scam coin.
It has infinite inflation.
30% of the current DOGE supply is owned by ONE WALLET. (Nobody knows who)
This coin is BAD for the ENTIRE CRYPTO industry because when retail idiots lose all their $$$ it will be a megaphone of negativity for all crypto.
TL;DR = Anyone who puts money into doge or any of its spinoff scamcoins is a total imbecille and deserves to lose all their money.
You are not crypto investors if you put a single dollar into these shitcoins. Youre just a fool who isnt intelligent enough to do research or understand a single thing about blockchain and cryptocurrency.
@ezpi, no one needs your education mr. obvious. fix your problems first. and learn how to write imbecile, such irony...lol
yokohama
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@Kryptolinks, one day when u get older u might realise why promoting scams isnt the brightest thing to do.
ezpi
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@Kryptolinks, anyone who is dumb enough to buy doge, does in fact need "my education" if thats what you want to call it.....
of course, if you all want to keep letting me dump my DOGE - that i get FOR FREE every day mining litecoin - then thank you for giving me your money.
perhaps it was a mistake - to think that any of you buying doge - would be intelligent or rational enough to understand that you are being ponzi schemed when the person getting all your money actually tells you about it..... i guess you really are such degens that you dont even care, when the person whose pockets you are filling literally tells you that you are being scammed and you just go buy more anyway.
perhaps you are right: you are literally so stupid that even if I tell you - youre just going to give me more of your money anyway......
good point. irony indeed.
@ezpi All that anger is a lot to carry around. I'm glad you are making money, its wonderful you have millions. I wish you the best for your wife, kids, friends and family.
CryptoDolphins
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@ezpi, i understand ...u missed it...its allrite...tc
It has infinite inflation.
30% of the current DOGE supply is owned by ONE WALLET. (Nobody knows who)
This coin is BAD for the ENTIRE CRYPTO industry because when retail idiots lose all their $$$ it will be a megaphone of negativity for all crypto.
TL;DR = Anyone who puts money into doge or any of its spinoff scamcoins is a total imbecille and deserves to lose all their money.
You are not crypto investors if you put a single dollar into these shitcoins. Youre just a fool who isnt intelligent enough to do research or understand a single thing about blockchain and cryptocurrency.
These are facts. Not opinions.