Will dogecoin drop to $0.2 again?

[LUCKMCFLY]

After so long, Doge is giving the good news, some bulls are resuming their belief in the currency and are supporting it, for now the price remains at 0.25USD, not bad, it is likely due to the movement of BTC it will continue to rise a bit more and help the natural movement of Doge:

Dogecoin (DOGE) soared above the 20-day EMA ($0.22) on Oct. 4, indicating that bulls are attempting a comeback. The buyers pushed the price above the 50-day SMA ($0.25) on Oct. 5 but the bears successfully defended the downtrend line.

Source: https://cointelegraph.com/news/price-analysis-10-6-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

Some are waiting for BTC to go higher to see if Doge makes his bullish leap, it is likely to happen, maybe a tweet from Elon Musk at the moment would not go bad at all.

[Timelord2067]

Wouldn't it be funny if years from now it came out in the news of the day that the car salesman had lost a bet with another rich guy type and the wager was if the car salesman lost the bet he'd have to go on social media and spruke up the price of some shit coin or other and they agreed that it'd be DOGE (not that I have anything against DOGE - I've got a small bag I'm HODLing for the duration)...

[Sanitough]

depending on the current bitcoin price, because the market is down then the price movement will be fully controlled by bitcoin first, if bitcoin goes up then all altcoins will follow, if it goes down it's possible all altcoins and doge can also fall below 0.2$.

For dogecoin to reach 0.02 then Bitcoin will be at $57k to $60k for every other altcoins to gain that strength to surge higher especially for dogecoin reaching and exceeding 0.02 price. Elon musk had help the surge of dogecoin which is impressive. All dogecoin investors need to have a rest for the market to break it previous resistance ffor market to continue it bull run.

What do you mean by 0.02 price? Dogecoin's current value is $0.24 (https://coinmarketcap.com/currencies/dogecoin/), and it seems not dropping, thanks to bitcoin's bullish movement that altcoins were able to stay bullish at the moment. Doge has already made a success this year, so I think the last quarter is all about correction.

[Wakate]

depending on the current bitcoin price, because the market is down then the price movement will be fully controlled by bitcoin first, if bitcoin goes up then all altcoins will follow, if it goes down it's possible all altcoins and doge can also fall below 0.2$.

Yea, the price of bitcoin had started going bullish and I think the price of dogecoin will price the price again and pass it. The market goes up and down so no matter the price of the market now, it will always pass the price exceeding it. People had started seeing the need to own a dogecoin which is cool and can fetch nice profits.

[andriarto]

depending on the current bitcoin price, because the market is down then the price movement will be fully controlled by bitcoin first, if bitcoin goes up then all altcoins will follow, if it goes down it's possible all altcoins and doge can also fall below 0.2$.

For dogecoin to reach 0.02 then Bitcoin will be at $57k to $60k for every other altcoins to gain that strength to surge higher especially for dogecoin reaching and exceeding 0.02 price. Elon musk had help the surge of dogecoin which is impressive. All dogecoin investors need to have a rest for the market to break it previous resistance ffor market to continue it bull run.

What do you mean by 0.02 price? Dogecoin's current value is $0.24 (https://coinmarketcap.com/currencies/dogecoin/), and it seems not dropping, thanks to bitcoin's bullish movement that altcoins were able to stay bullish at the moment. Doge has already made a success this year, so I think the last quarter is all about correction.

Judging from the movement of the major trend, Doge is still in a price correction condition, and I think this is not suitable for medium-term investment, except for short-term trading, maybe we can still look for profit. but actually I'm personally not interested in meme coins, because I'm full of caution when trading

[kotajikikox]

doge stays on that level till now for couple of months now

https://coinmarketcap.com/currencies/dogecoin/

and i think there is no high views from this Meme coins this whole year, I remember that before the Hype  , doge valuing just a peanut but now? having $0.24 value is enough .

Judging from the movement of the major trend, Doge is still in a price correction condition, and I think this is not suitable for medium-term investment, except for short-term trading, maybe we can still look for profit. but actually I'm personally not interested in meme coins, because I'm full of caution when trading

If you are still very afraid of memecoin, then it's not a big problem because there are still many other coin options as shown in the cryptocurrency list, so it's okay if you want to avoid yourself from memecoin at this time.

no one forces us to invest in any coin , beside there are thousands of coins to choose from so stop this being an issue .

[LUCKMCFLY]

For now I do not think the Doge preius falls less than 0.2USD, of course, while BTC continues to increase the likelihood that falls, but in an eventual fall of BTC, Obviously Doge will go down, but I think he can hold the price level that It is at 0.21USD:

The DOGE/USDT pair could then rally to $0.32 and later to $0.35. Contrary to this assumption, if the price once again reverses direction from the downtrend line, the possibility of a break below the 20-day EMA increases.

Source: https://cointelegraph.com/news/price-analysis-10-8-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

According to analysts that Doge reaches 0.3USD would be a monumental profit, it is necessary to emphasize that Doge bulls are beginning to believe again in this coin, maybe this was the stimulus they are waiting.

[Ros-In]

and after the drop I'm sure soon the price of Dogecoin will start to slowly rise again until it breaks through the highest ATH, It's not too late to buy Dogecoin, and hold it until the end of the year.

[Pamadar]

no one forces us to invest in any coin , beside there are thousands of coins to choose from so stop this being an issue .

I've never had any problems with other people's choices although sometimes I try to give a little advice to other people which sometimes it's also not needed by many people, so I don't see this as a problem or anything

You should not worry that much if you give your advice. It's up to the investor if they will follow you or not.

I guess internet already has all the basic information that everyone's need in order to learn how to invest the right away. If they choose the wrong one, it's their mistake and we don't have any business with it.

If they prefer to invest with Doge, which is really risky but profitable if they managed to buy in the right time.

[leea-1334]

You should not worry that much if you give your advice. It's up to the investor if they will follow you or not.

If they prefer to invest with Doge, which is really risky but profitable if they managed to buy in the right time.

Yes and to be honest having a disclaimer or not really does not prevent anyone from following you,,, but I would always advice having a disclaimer,,, or rather, advice not to give any advice at all and just pay attention to yourself and what you do.

I personally feel if you have to tell someone to do something, you should always be doing it with their interest and yours in mind.

Dogecoin should first be made clear to anyone new, that it is a memecoin.

[darmin]

I think so, because basically Dogecoin is made on the basis of jokes only and without any obvious project. Yesterday Dogecoin could rise because of one of Elon Musk's Tweets. Maybe soon Dogecoin will be back at its original price.

[Apyminer]

Dogecoin is stuck since a while.

In the meantime loads of meme tokens have emerged and allowed to make loads of profit...

I think Dogecoin is now something of the past and it's going nowhere from where it is now.

Baby doge is new, thus has more mementum.

I'm not biased or whatever: I own Doge and Shib and probably other meme tokens so I'd like to see Doge going back on track but all I see is that it barely regains the 0.25 eur level as a starter and that has finished to bore me.

[nicolas1979]

depending on the current bitcoin price, because the market is down then the price movement will be fully controlled by bitcoin first, if bitcoin goes up then all altcoins will follow, if it goes down it's possible all altcoins and doge can also fall below 0.2$.

Dogecoin's lowest price this week is $0.19, that's no longer speaking depending on the price of Bitcoin. Because the price of Bitcoin has changed quite well this month, but Dogecoin is very difficult to lead to a high price after the dump occurred a few months ago. Elon Musk is no longer looking at Dogecoin at this time, he is more focused on new projects that may have a bigger chance than pumping the price of Dogecoin for the next stage.

Doge was pure hype created by a bored rich guy, so it's not comparable to bull run as a whole. The markets are designed to rise even if they fall. Similarly, crypto follows these rules. Market caps really don't matter, as Dogecoin proves. Bubbles last only a short time. Yes, I do know what Doge is. Therefore, I am aware that there is a bubble.

Dogecoin price recovery to reach ATH something difficult, after Elon Musk managed to make ATH $ 0.73. Those prices I think are high prices for Dogecoin. Even the current price continues to point downwards. I think Dogecoin will play at $0.15 to $0.3 until the bull run ends within the year. Perhaps one strategy to recoup losses on Dogecoin investments for those who bought at the previous high price with short-term trades.

[bhooscream]

I don't even think that Dogecoin can rise again until it hits the new ATH, because after dropping from its highest price this year, I no longer see a big pump on Dogecoin so many people don't make predictions on Dogecoin at the end of this year.

You cannot judge Dogecoin has no chance to increase. I think it has the chance to have the next pump. How if Elon Must tweets his support on Dogecoin development? I think the Doge price will increase suddenly because of the power of Elon Must tweets. Although some people say that Elon's tweets has no power now, I think those people can be wrong. Elon's tweets + Doge whales can increase Doge price easily.

[JeWay]

You cannot judge Dogecoin has no chance to increase. I think it has the chance to have the next pump. How if Elon Must tweets his support on Dogecoin development? I think the Doge price will increase suddenly because of the power of Elon Must tweets. Although some people say that Elon's tweets has no power now, I think those people can be wrong. Elon's tweets + Doge whales can increase Doge price easily.

Something that can increase easily can also fall easily too mate, so don't blame other people's judgments in this matter because between Dogecoin and Elon Musk it is actually different, although Elon Musk's power and influence into cryptocurrency is still there, but in essence it will very few trust him except for his friends who are very close to Musk.

[dificanovi]

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

yes, that might happen, now the price of Dogecoin is around $0.26 and it is possible that the price of Doge could also fall lower to $0.1.
All cryptocurrencies at any time will definitely experience a decrease in price, but if we look at the graph of price increases, we can see that in general, cryptocurrencies always increase from year to year.
Now Dogecoin is experiencing a decline in price and it is possible that in 2022 the price of Dogecoin will rise higher than its current price.

[p.b.winry]

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

It depends on Elon Musk, whether he still has an interest in virtualizing doge coins. I think if this project has a good mission vision, it will be stable in price. If you just follow the trend, it will likely return to its original price again.

[gamer4156]

All things considered for me appears to be rubbish possibly there's one more justification behind the drop and tbh I don't believe that it can cause a great deal particularly on the current cost of doge. There's nothing out of sorts on choosing to trust a specific coin, the main issue is the point at which the coin you are supporting is clearly going to bomb yet you have been dazed by its notoriety and accomplishments and you stay aware of that daily practice.

[whiteblue]

It depends on Elon Musk, whether he still has an interest in virtualizing doge coins. I think if this project has a good mission vision, it will be stable in price. If you just follow the trend, it will likely return to its original price again.

Elon Musk always knows what he has to do in the future because his goal is to find profit in the long term and also for the better, so new trends and breakthroughs will always be present in cryptocurrency by involving important people like Elon Musk.

[Pamadar]

It depends on Elon Musk, whether he still has an interest in virtualizing doge coins. I think if this project has a good mission vision, it will be stable in price. If you just follow the trend, it will likely return to its original price again.

Elon Musk always knows what he has to do in the future because his goal is to find profit in the long term and also for the better, so new trends and breakthroughs will always be present in cryptocurrency by involving important people like Elon Musk.

His more on taking the benefits after making some moves. This crypto thing is a good money making for Musk, whatever he is doing right
now, he really making a good amount of money from each participations.

We don't know yet if he still has a good plan for Doge. Maybe he is just waiting for good timing to pump it back and see if how his followers
will b move if he does bring this coin to another hype.

Be very careful, if possible it's best to choose other solid project if you are not good at taking the risk with your money.