{"id":525869,"date":"2023-04-06T10:41:29","date_gmt":"2023-04-06T10:41:29","guid":{"rendered":"https:\/\/wncen.com\/?p=525869"},"modified":"2023-04-06T10:41:29","modified_gmt":"2023-04-06T10:41:29","slug":"dogecoin-dominates-top-10-crypto","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin-dominates-top-10-crypto\/","title":{"rendered":"Dogecoin Dominates Top 10 Crypto Roster With 20% Rally In Last 7 Days"},"content":{"rendered":"

Dogecoin had a wild week, reaching a high of $0.105 on April 3 after Elon Musk changed his Twitter logo to a Shiba Inu dog. The move caused a stir around the meme coin community, leading to a surge of over 30%.\u00a0<\/span><\/p>\n

Although the price has fallen since then, it has not been enough to dampen the overall outlook. <\/span>According to Coingecko<\/span><\/a>, DOGE is currently trading at $0.090135, indicating a significant 19% rise over the past seven days.\u00a0<\/span><\/p>\n

Related Reading: These Top 5 Meme Coins Are Bleeding As March 2023 Ends \u2013 Here\u2019s Why<\/a><\/div>\n

\"\"<\/p>\n

Source: Coingecko<\/pre>\n
Despite a 1.7% drop in the last 24 hours, DOGE has had the most impressive price performance among the top 10 cryptocurrencies.<\/span><\/p>\n
What lies ahead for Dogecoin now?<\/p>\n
Dogecoin Dips As Bears Take Control<\/strong><\/h2>\n
After a period of strong gains, Dogecoin’s momentum appears to be waning. The cryptocurrency has been flashing red on the 1-day timeframe for two consecutive days, signaling the start of a potential downtrend. This could be due to a lack of buyer interest.<\/span><\/p>\n
Adding to the bearish outlook is DOGE’s daily relative strength index (RSI), which has entered its overbought zone, increasing the likelihood of a correction in the near future. This correction could lead to a drop toward the $0.089 level, which served as resistance during the January and February uptrend.<\/span><\/p>\n
Bears are known to take advantage of any easing in buying pressure, and if the bearish momentum continues, the Dogecoin price could plummet toward the 200-day Exponential Moving Average (EMA) at $0.082. If DOGE breaks below this level, it could reach the support confluence between the horizontal line and the 100-day EMA at $0.080.<\/span><\/p>\n
\n
When $DOGE<\/a> breaks out above the HTF downtrend here, I think $0.25 is a reasonable target. pic.twitter.com\/yxUAeqxGHG<\/a><\/p>\n
\u2014 K A L E O (@CryptoKaleo) April 4, 2023<\/a><\/p><\/blockquote>\n
Analyst Predicts Future Gains<\/strong><\/h2>\n
Independent analyst Crypto Kaleo, meanwhile, sings a more bullish tune. <\/span>On Twitter,<\/span><\/a> he said that the cryptocurrency is headed for a breakout above a long-standing descending trendline resistance, which could propel its price to reach $0.25 – a substantial 125% increase.<\/span><\/p>\n
This prediction is based on a potential increase in buying pressure, possibly fueled by the ongoing altcoin season narrative. If this happens, the immediate resistance level at $0.097 could be shattered, paving the way for more bullish sentiment. <\/span><\/p>\n
A critical flip of this roadblock into support would also invalidate the bearish thesis, as this level has been a tough hurdle for DOGE investors for several months.<\/span><\/p>\n
<\/p>\n
DOGE total market cap currently at $12.4 billion on the daily chart at TradingView.com<\/a><\/pre>\n
Related Reading: Shiba Inu: Market Stability At Pivotal Point As Buyers Hold Strong At This Level<\/a><\/div>\n
In the most optimistic scenario, the Dogecoin price could soar even higher and reach the $0.111 resistance level, which would signal a complete reclaim of the coin’s December 5 high.\u00a0<\/span><\/p>\n
As the crypto market continues to evolve, only time will tell where Dogecoin will end up. Nonetheless, it’s clear that the meme-inspired cryptocurrency is causing a stir among traders and investors alike.<\/span><\/p>\n
-Featured image from Motorsport.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Dogecoin had a wild week, reaching a high of $0.105 on April 3 after Elon Musk changed his Twitter logo to a Shiba Inu dog. The move caused a stir around the meme coin community, leading to a surge of over 30%.\u00a0 Although the price has fallen since then, it has not been enough to dampen the overall outlook. According to Coingecko, DOGE is currently trading at $0.090135, indicating a significant 19% rise over the past seven days.\u00a0 Related Reading: These Top 5 Meme Coins Are Bleeding As March 2023 Ends \u2013 Here\u2019s Why Source: Coingecko Despite a 1.7% drop in the last 24 hours, DOGE has had the most impressive price performance among the top 10 cryptocurrencies. What lies ahead for Dogecoin now? Dogecoin Dips As Bears Take Control After a period of strong gains, Dogecoin’s momentum appears to be waning. The cryptocurrency has been flashing red on the 1-day timeframe for two consecutive days, signaling the start of a potential downtrend. This could be due to a lack of buyer interest. Adding to the bearish outlook is DOGE’s daily relative strength index (RSI), which has entered its overbought zone, increasing the likelihood of a correction in the near future. This correction could lead to a drop toward the $0.089 level, which served as resistance during the January and February uptrend. Bears are known to take advantage of any easing in buying pressure, and if the bearish momentum continues, the Dogecoin price could plummet toward the 200-day Exponential Moving Average (EMA) at $0.082. If DOGE breaks below this level, it could reach the support confluence between the horizontal line and the 100-day EMA at $0.080. When $DOGE breaks out above the HTF downtrend here, I think $0.25 is a reasonable target. pic.twitter.com\/yxUAeqxGHG \u2014 K A L E O (@CryptoKaleo) April 4, 2023 Analyst Predicts Future Gains Independent analyst Crypto Kaleo, meanwhile, sings a more bullish tune. On Twitter, he said that the cryptocurrency is headed for a breakout above a long-standing descending trendline resistance, which could propel its price to reach $0.25 – a substantial 125% increase. This prediction is based on a potential increase in buying pressure, possibly fueled by the ongoing altcoin season narrative. If this happens, the immediate resistance level at $0.097 could be shattered, paving the way for more bullish sentiment. A critical flip of this roadblock into support would also invalidate the bearish thesis, as this level has been a tough hurdle for DOGE investors for several months. DOGE total market cap currently at $12.4 billion on the daily chart at TradingView.com Related Reading: Shiba Inu: Market Stability At Pivotal Point As Buyers Hold Strong At This Level In the most optimistic scenario, the Dogecoin price could soar even higher and reach the $0.111 resistance level, which would signal a complete reclaim of the coin’s December 5 high.\u00a0 As the crypto market continues to evolve, only time will tell where Dogecoin will end up. Nonetheless, it’s clear that the meme-inspired cryptocurrency is causing a stir among traders and investors alike. -Featured image from Motorsport.com<\/p>\n","protected":false},"author":557,"featured_media":525872,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[85675,7,8375,4735,4257],"class_list":["post-525869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-doge-price","tag-dogecoin","tag-elon-musk","tag-price-action","tag-twitter"],"acf":[],"yoast_head":"\nDogecoin Dominates Top 10 Crypto Roster With 20% Rally<\/title>\n<meta name=\"description\" content=\"Dogecoin had a wild week, reaching a high of $0.105 on April 3 after Elon Musk changed his Twitter logo to a Shiba Inu dog. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Dominates Top 10 Crypto Roster With 20% Rally In Last 7 Days","url":"http:\/\/wncen.com\/news\/dogecoin-dominates-top-10-crypto\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/dogecoin-dominates-top-10-crypto\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-21.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-21.png?fit=605%2C404"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["doge price","dogecoin","elon musk","price action","twitter"],"dateCreated":"2023-04-06T10:41:29Z","datePublished":"2023-04-06T10:41:29Z","dateModified":"2023-04-06T10:41:29Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Dominates Top 10 Crypto Roster With 20% Rally In Last 7 Days\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin-dominates-top-10-crypto\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin-dominates-top-10-crypto\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/a-21.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/a-21.png?fit=605%2C404\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"doge price\",\"dogecoin\",\"elon musk\",\"price action\",\"twitter\"],\"dateCreated\":\"2023-04-06T10:41:29Z\",\"datePublished\":\"2023-04-06T10:41:29Z\",\"dateModified\":\"2023-04-06T10:41:29Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-21.png?fit=605%2C404","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/525869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=525869"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/525869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/525872"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=525869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=525869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=525869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}