#Doge
Trade Doge now . . . bullish sentiments❤❤❤❤$DOGE
𝘿𝙤𝙜𝙚𝙘𝙤𝙞𝙣 𝙋𝙧𝙞𝙘𝙚 𝙋𝙧𝙚𝙙𝙞𝙘𝙩𝙞𝙤𝙣- 𝘾𝙝𝙖𝙧𝙩𝙨 𝙎𝙞𝙜𝙣𝙖𝙡 𝘿𝙊𝙂𝙀 𝙩𝙤 𝙊𝙪𝙩𝙥𝙚𝙧𝙛𝙤𝙧𝙢 𝘽𝙏𝘾 𝘼𝙨 𝙋𝙧𝙞𝙘𝙚 𝙀𝙮𝙚𝙨 $0.37 𝙉𝙚𝙭𝙩
Dogecoin (DOGE) continues to extend losses today, July 30. It trades at $0.222 with a 3.44% drop in 24 hours. However, a turning point for Dogecoin price in favor of bullish traders might be near. This follows a signal of a 70% rally printed by DOGE/BTC as the Dogecoin founder teases those selling Bitcoin.
DOGE/BTC shows how Dogecoin is doing compared to Bitcoin. Most of the time, Dogecoin follows Bitcoin’s lead, but there are moments when DOGE pulls ahead.
For example, in mid-June, when the Bitcoin price was gaining but Dogecoin was not, DOGE/BTC dropped to the lowest point in four years. Later on, DOGE price started to rise on June 23 from $0.15 to reach $0.27 on Tuesday last week. During this time, DOGE/BTC rose.
Because of the highs and lows that have been happening for the last two months, a double bottom has appeared. That means that the ratio has found strong support. This lies at 0.0000145, the lowest point of the double bottom.
However, even after finding support, this top meme coin is not having an easy time moving past resistance. For the past two times it has tested this resistance, Dogecoin price tends to somehow lose its strength against Bitcoin.
If buyers can step in and aid the DOGE price rally and enable it to outperform BTC in the near term, getting past 0.00000248 might become possible. After this happens, the ratio will then set its sights on $0.00000426.
In case Dogecoin gains by the same 71% that the ratio shows, it might reach $0.37 soon. However, recently, CoinGape reported that Dogecoin has been crashing because of macro factors. This might delay its chances to gain.