BitcoinBitcoin saw a small 1% increase this week as it continued to trade sideways within the confines of a symmetrical triangle pattern. BTC has been trapped within this triangle since the start of June 2020, and a breakout will dictate the next direction.Looking ahead, if the buyers can rebound from the lower boundary of the triangle and push above the upper boundary, the first level of resistance will be located at $9,815. This is followed by additional resistance at $10,000, $10,226, and...
Read More »With The Latest TikTok Pump, Binance and OKEx Invite Their Traders To Short Dogecoin (Doge)
Following the latest impressive pump in the price of Dogecoin, largely attributed to the influx of TikTok-inspired traders, two major exchanges have added perpetual futures contracts for the coin. This allows users to essentially short DOGE with very high leverage.Dogecoin Receives The SpotlightAs CryptoPotato reported yesterday, Dogecoin surged by over 100% in less than a couple of days.The reason for this pump, however, doesn’t hide in complex technical analysis or improving fundamentals....
Read More »The Altcoins That Skyrocket Despite Bitcoin: Wednesday Price Watch
Numerous alternative coins are booming during the past 24 hours, while Bitcoin remains stable. Consequently, this has raised the question of whether or not the cryptocurrency market is entering another altcoin season.Altcoins PumpingThe majority of the market is well in the green today, with some impressive gains from altcoins. Yet, none has increased its value from the top 100 coins by market cap more than Dogecoin (DOGE).Its surge of over 50% means that DOGE is now trading at $0.0043 and 46...
Read More »Dogecoin Price Analysis: DOGE Surges 20% in a Day, Trading at Its Highest Point Since Mid February
The price broke a crucial resistance line after seeing a month-long downward correction to around $0.002274.After gaining 20% in less than 24-hours, DOGE is currently trading at $0.027.DOGE/USD: Pulling Back After Insane RallyKey Resistance Levels: $0.0029, $0.0030, $0.0035Key Support Levels: $0.00269, $0.00259, $0.0025DOGE/USD. Source: TradingViewThe latest surge in the price of Doge Coin has drawn a lot of attention to a potential bull run with almost 20% increases over the past 24 hours....
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