Dogecoin is exhibiting a positive outlook following a series of stable sessions

[Cryptocrit]

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiwH0UI7NTE3uHOdYIii-NG96g4wRFTVYCBvrkHWLEMfi4mEq_hbcwi54-dpI8U0soTTealXYMmgELkkk6qm6dsaLy4JDGesJShSMkdaBlzel9TJKuJ6JNZIdgecgkoU1_xJ6jCBXEweFFIz45hUe8dkAJrsxQ6e_AdCxA2EgT36SS4IHrQtvATTKqbFcDJ/w640-h640/Screenshot_3.jpg

The current price of Doge coin is around $0.080, which is a bit lower compared to a week ago. The trading volume in the past 24 hours is approximately $337 million. Unfortunately, there has been a downward trend in its value over the last few days.

However, amidst these changes, there are some positive signs in its network activity. Despite the decrease in price, the transaction volume has been increasing in the past week. Additionally, there has been steady progress in the core development and scaling solutions of Doge coin, which shows promising development efforts for the future.

The price of Dogecoin (DOGE) was steady after a big drop on January 3. but recently, it went up by 6.54%. This is important because it broke through a line showing a decrease in price and also passed the $0.0821 level, which was hard to beat before. Both of these things stopped DOGE from going up before.


Read full analysis...
https://www.cryptocrit.xyz/2024/02/Dogecoin-chart-analysis.html

[Sebas.tian]

The price of Dogecoin (DOGE) was steady after a big drop on January 3. but recently, it went up by 6.54%. This is important because it broke through a line showing a decrease in price and also passed the $0.0821 level, which was hard to beat before. Both of these things stopped DOGE from going up before.
Read full analysis...
https://www.cryptocrit.xyz/2024/02/Dogecoin-chart-analysis.html

This is a good news to Dogecoin holders to know that there are positive changes in the current market that is bringing confident to those that loss their confidence during the long bearish season that took over the market two years and some months, and many investors use the period to purchased a lot of Dogecoin that is giving them hope for a brighter future. If you check the market very well, you will know that some popular coins in the market has taken a big moved that is giving other coins to prove to their investors like what we are seeing around the Dogecoin movement, which is an opportunity for their investors to experience great things in the future. I think, I will add this Dogecoin to my coins before the end of this month, so that I will know that I have many potential coins that will bring me luck when the bullish market fully appear.

[EarnOnVictor]

Let me avoid beating around the bush, Dogecoin is not the asset to which I can commit my money anymore. This is not the time when the crypto space was still very young, things are changing and I believe that investors' focus has shifted to other coins and tokens, thereby neglecting Dogecoin to an extent. This same thing was what I told my brother before the last mini-bull run, he argued with me, but when many coins/tokens moved so significantly and Dogecoin barely moved twice its low around August last year, he realised that what I was saying was right. This is practical, that the time of Dogecoin came years ago and has gone, and my main reason is that liquidity would be distributed on many more coins/tokens that had been created after Dogecoin and that are better appreciated.

This is even as Dogecoin has lived its time and new coins/tokens with better projects have been created. Though my brother still says that it will rise during the general altcoins season, let's wait and see how it will get that much liquidity again. Albeit it rose, it can't be a significant bullish movement anymore, but the worse could be lurking if it does not rise well when the next bearish season comes in. In this case, I suspect that it may fall more than it did in the last bearish season as investors might be abandoning it gradually more than what people envisaged.

I made the mistake of buying a little during the last mini-bull run, but I was so smart to liquidate it before it wasted my money more.

[elevates]

Nowadays people are so obsessed with meme coins that bloggers like writing articles on them. Dogecoin is not a gem that has a real use case in the crypto market like Ethereum or others. It is a coin that was created as a joke and did not have any value before it got pumped due to certain factors in the last bull run. If you buy Dogecoin you can use it only to gamble and nothing more as many online casinos started accepting it before the last bull runs as it was dirt cheap at that time. I do not see it has any other future than what is has now.

[Husires]

I do not think that Dogecoin (DOGE) is subject to technical analysis exactly as is the case with most cryptocurrencies due to the sharp changes that occur in the price that are linked to random times, such as Elon Musk’s tweets, which may make the price rise despite the presence of support and resistance barriers, so technical analysis may not lead to technical analysis. Good results with Dogecoin (DOGE).
If you see it as a long-term investment opportunity, buy, but I rarely see an asset that attracts the spotlight for more than 3 years.

[husencoe]

I don't think Doge coin is worth fighting for.  Maybe people can expect and hope that Doge Coin will return in time, but I think that's very far away.  Doge coin has fallen too far after the hype from Elon Musk.  Insignificant price movements make the price difficult to predict and difficult to lift.  Maybe only Elon Musk succeed to raise the price of Doge, but then plunge again after his ignored it.  If you believe in Doge, please just invest and wait fof a while.  But I think it is very risky to hold something that has no definite signs.  My advice, it's better to choose another coin. Believing in other people's analysis only makes you walk in the dark.  Just trust yo your instincts.

[zasad@]

Dogecoin is a very good decentralized coin with low payment fees, but its price is heavily manipulated by Elon Musk. I don’t look at this coin because there are many other coins on the market with clearer tokenomics and prospects. I always try to do the analysis myself.

[Wexnident]

~

Well, it's up by 9% in the past half a year but honestly? With all the ups and downs of Doge and how there was no real sense of, well, development with it, I hardly doubt anyone would try to invest in for the long term. Maybe short buys every now and then since as we've seen, it does give out relatively good growth profits every now and then but not necessarily constant.

Let's not even mention how it's a memecoin in the first place and how the damn coin is easily influenced by Elon Musk and his followers. Honestly any coin that has someone with that much influence probably shouldn't have even lasted that long.

[yazher]

Since this meme coin has come too far, they cannot afford to just let it slide and make it disappear like how the other meme coins so far, instead they keep updating their investors with their plans along with making it happen. But we need to take note when we decide to invest in such kind of coins because there are times that it is not recommended to buy it, especially when it is currently increasing its price due to the hype by its supporters because it might be a trap and not real. In other words, you need to have proper knowledge when it comes to investing in meme coins because it has a huge difference from the other altcoins.

[goaldigger]

Dogecoin is a very good decentralized coin with low payment fees, but its price is heavily manipulated by Elon Musk. I don’t look at this coin because there are many other coins on the market with clearer tokenomics and prospects. I always try to do the analysis myself.

The only good with Doge is the lower payment fees and a faster transaction, but the rest is just a normal meme token where it has no real usage and can easily be manipulated. There's a lot of hype with the meme token again because of the bull trend and i believe Doge will also benefit from this. It's ok to buy some Doge as long as you know how to ride the hype and know where to exit, always remember that with meme tokens, the early you enter and early you exit the better.

[GoldMagic]

Dogecoin is a very good decentralized coin with low payment fees, but its price is heavily manipulated by Elon Musk. I don’t look at this coin because there are many other coins on the market with clearer tokenomics and prospects. I always try to do the analysis myself.

Of course the doge coin is still a meme coin that is still loved by investors.
Besides the price is still normal or you can say the price is low.
No wonder doge is so popular

That's how it should be.
If we don't want to take risks.
we should analyze first.
that's better in my opinion, because in the crypto world it is difficult to predict

[dogemoon]

Dogecoin pumps are quite frequent, even before Elon you can see throughout the years continuous pumps of more than 3x. It's impossible that Dogecoin won't have another superpump again (and its corresponding dump)