DOGE reaches 30sats! Do you think it could go higher now?

[dragonvslinux]

Doge seems to move historically in quite predictable cycles.

I.e., a period of long consolidation, bottoming at around 18-24 sats, before rebounding drastically to form sizeable bullish rallies, probably fuelled by the fact that the coin is so speculative and generates a ton of FOMO on the way up.

I honestly don't even think that exchange listings are needed for Doge's cycles to continue, because it's an inherent part of its value now.

I'd say short term, I'd be certainly long on Doge. But in the long run, I doubt that it's going to be a useful coin per se other than being a speculative token essentially.

As magneto explained, predictable cycles is the key to doge/btc trading here. It also has considerable amount of price history that's very helpful.
Here's my dogecoin trade on a monthly scale from a month ago now, due to reaching the 15-25 sat buy range. Break-even stop loss coming soon 



Source: Trading View, September 18th 2019 / Screenshot: October 15th 2019.

Own work: dragononcrypto

[febriyana]

The price Dogecoin maybe will bullish more around 32 satoshi, then going to dip again.
The cycle is like easy to predicted. Because that i like holding Dogecoin. Maybe some people think this joke coin, yes that is some joke, sending bunch doge in minutes with only fee 1 doge.
See 100 Doge is better than see 0,000... 

[stoos]

See 100 Doge is better than see 0,000... 

Best logic! Agree!

[BChydro]

Following its listing on BitMax, DOGE has reached the 30sats mark. Do you think it's the beginning of a bull run or it will go down now?

If there is more liquidity in the market that might not help the price, you cannot come to a conclusion that including in a certain exchange could take the price of an altcoin to new highs, i invested in many alts in the past and whenever the coin is listed in a major exchange the price usually goes down rather than going higher, with more liquidity people usually sell off and make their profits rather than holding them and then the bear market started when the entire market crashed. Every alternative year we see a rally in dogecoin and i am expecting the price to rise after the bitcoin rally or alongside it.

[deathcode]

there are many possibilities that dogecoin can increase more than the current price. the movement of the doge is somewhat more stable compared to other coins. but to be honest, I don't really like doge for investment and trade. there are other better coin choices.

[rachmat5893]

all cryptocurrency is affected by the bearish season, where all coins experience massive price reductions. This season did not happen with DOGE, which maintained an element of price stability. some predictions claim that the price of one coin can increase to 0.0090 USD before 2019 ends. In addition, it can go up to $ 1 by 2020. Will Dogecoin (DOGE) Become the World's Favorite Coin in 2020?

[TelolettOm]

there are many possibilities that dogecoin can increase more than the current price. the movement of the doge is somewhat more stable compared to other coins. but to be honest, I don't really like doge for investment and trade. there are other better coin choices.

Previously, the doge was able to reach a high enough price and I am quite optimistic that the price will definitely rise again. we are patient enough to wait for the market to rise again. even the highest record of a doge can reach the price of 100 Satoshi more and this is pretty good

[Kemarit]

Doge seems to move historically in quite predictable cycles.

I.e., a period of long consolidation, bottoming at around 18-24 sats, before rebounding drastically to form sizeable bullish rallies, probably fuelled by the fact that the coin is so speculative and generates a ton of FOMO on the way up.

I honestly don't even think that exchange listings are needed for Doge's cycles to continue, because it's an inherent part of its value now.

I'd say short term, I'd be certainly long on Doge. But in the long run, I doubt that it's going to be a useful coin per se other than being a speculative token essentially.

Exactly, DOGE has been in the game for so long that it just goes on cycles so those kind of pumps we see we can categorically say that it's the normal flow of this coins. The current rise to 30 sats is no exception, people buy because of FOMO and then just dump it when there's enough profit for speculators. If you're into gambling, you know that DOGE is a good alternative and I think this what makes DOGE stand up but I don't see it being good for holding long term though, the current spike, well just like that, normal thingy for this speculative token.

[Immakillya]

Nah. Dogecoin is a pump and dump coin. I don't know it is still alive and creating noise around the the forum and I commend them for that. But other than, none. This is just listed on Bitmax of course it will pump good. Actually it reached 100 sat mark this year I guess. But didn't sustained it because of this declining market. What makes Doge bad is the supply. It's adding additional supply every year. Which makes the price slowly going down. Also the use of it. A coin for memes.

[Saint-loup]

all cryptocurrency is affected by the bearish season, where all coins experience massive price reductions. This season did not happen with DOGE, which maintained an element of price stability. some predictions claim that the price of one coin can increase to 0.0090 USD before 2019 ends. In addition, it can go up to $ 1 by 2020. Will Dogecoin (DOGE) Become the World's Favorite Coin in 2020?

I think you mean "all cryptocurrencies have been affected by the bearish season" except doge.
I partially agree with you, DOGE dipped in a lesser extent than other coins, but it can't be an explanation for a pump. If the volatility of a cryptocurrency is low, it's not expected to see this coin pumping like that.

Otherwise we have broken the 32 satoshis now! To the moon!

[Nivia1st]

I hope doge rises, even though it looks difficult. but the current price is not too bad, being able to survive at 30sat is a good achievement.
 originally they did not get bad news, doge might go up in the future.

[kidbounty]

as long as there is no bad news about dogs, I think they will go up. current prices are still low compared to a few months ago, so maybe we will see the doge go up one more time. so far doge can survive the effects of a market crash caused by falling bitcoin. so if bitcoin goes up, then doge will definitely go up too.

[Oceat]

I hope doge rises, even though it looks difficult. but the current price is not too bad, being able to survive at 30sat is a good achievement.
 originally they did not get bad news, doge might go up in the future.

It will eventually we will just have to wait for the bull run and look at those altcoins getting dragged upward by the trend. As we have seen today is just a normal flow of the market and it seems that everyone is hit by this correction. Dogecoin is in the top 50 coins so I am not really worried about it.

[artdor]

It’s too early to talk about the growth of Dogecoin. We need to break through the resistance above to draw such conclusions. So far, it looks like working out listing news.

[Saint-loup]

33sats now! +10% in BTC since when I opened the thread 3 days ago!

34sats now

Does anyone know what is the reason of this sudden pump? I don't find any solid news about that. Is it maybe the result of the beginning of an altcoin season?

[artdor]

33sats now! +10% in BTC since when I opened the thread 3 days ago!

34sats

Now I regret a little that I did not listen to my inner instinct. DOGE showed a good growth of 10%, most likely this is not the limit of growth in the coming days.

[Fredomago]

as long as there is no bad news about dogs, I think they will go up. current prices are still low compared to a few months ago, so maybe we will see the doge go up one more time. so far doge can survive the effects of a market crash caused by falling bitcoin. so if bitcoin goes up, then doge will definitely go up too.

It's great strategy for doge supporters to keep the value to rise while bitcoin still cheap. Once the market start to rise back and this coins keeps
the level fiat value is much be appreciated by followers who didn't stop buying and holding this crypto project. The benefits of low value coin when
the bull start to pumped high is much greater than those top coins that already have a high price.

The question after reaching 30sats rises more and now being traded 10% more, lucky for those who are good in scalping especially for large investors /traders who are dealing with short term trades.

[BitHodler]

Now I regret a little that I did not listen to my inner instinct. DOGE showed a good growth of 10%, most likely this is not the limit of growth in the coming days.

Looking at the chart of DOGE, it looks like there is room for more growth in the coming days, or at least in the coming weeks. Not many other altcoins show bullish signs as much as DOGE do.

I do however have to point out that it's going to be very important to follow Bitcoin's price action closely, because a lot of it will depend on that---if Bitcoin takes a dump it will translate into a broad altcoin dump fest.

As long as Bitcoin moves sideways, DOGE will keep doing well at least in the short term.... long term speaking I'm not too sure because DOGE always has these massive ups and downs to settle at its lows for a very long time.

[safari88]

33sats now! +10% in BTC since when I opened the thread 3 days ago!

34sats

now 35 sats based on CMC and i believe that the price of dogecoin will increase higher again in the next few month because just look at the price a few months back with ATH at 68 sats for this year

[artdor]

Now I regret a little that I did not listen to my inner instinct. DOGE showed a good growth of 10%, most likely this is not the limit of growth in the coming days.

Looking at the chart of DOGE, it looks like there is room for more growth in the coming days, or at least in the coming weeks. Not many other altcoins show bullish signs as much as DOGE do.

I do however have to point out that it's going to be very important to follow Bitcoin's price action closely, because a lot of it will depend on that---if Bitcoin takes a dump it will translate into a broad altcoin dump fest.

As long as Bitcoin moves sideways, DOGE will keep doing well at least in the short term.... long term speaking I'm not too sure because DOGE always has these massive ups and downs to settle at its lows for a very long time.

I also adhere to your opinion. So far, DOGE looks very good. Maybe because the time has come for the pump? DOGE has great support from the whales. I hope Bitcoin will not break the plans for the growth of so many coins, including what I have in my portfolio.