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Dogecoin

Dogecoin Price at $0.269 after 7.9% Gains – How to Buy DOGE

by Miki 10/25/2021
by Miki 10/25/2021 0 comment

Dogecoin has been having a rough month, as it is the only cryptocurrency in the top 10 ranking that failed to make any notable highs during the recent bull market. However, it now seems like the meme coin could be headed towards major gains if it maintains the performance it has exhibited during the past 24 hours.

DOGE is currently trading at $0.269 at the time of writing after a 7.9% gain in 24 hours.

Dogecoin Price Analysis

DOGE has shown increased volatility over the past 24 hours, enabling the meme coin to make a notable price gain. During this bullish rally, the meme coin reached a high of $0.279, but it has since shed some of those gains.

The recent gains by DOGE have been attributed to buyer support. If this support holds, the meme coin could push to the next resistance level of $0.28. The current levels by dogecoin have pushed the altcoin to new monthly highs, and if it keeps up with this price action, the next target could be $0.30.

As aforementioned, DOGE has shed some of the gains made during the past 24 hours. If it continues dipping, it could push to the lower support of $0.26 and $0.25. The coin has been maintaining these resistance levels for a while now; hence it could consolidate here if it continues shedding the gains of the past 24 hours.

The recent DOGE rally has been attributed to a recent show of support by Elon Musk. The Tesla CEO recently noted that he does not hold any Shiba Inu but that his crypto holdings are only bitcoin, ethereum and DOGE.

The billionaire further replied to a tweet stating that he would become the first dogecoin Trillionaire. In addition, he noted that dogecoin was the “people’s crypto” and that a large portion of SpaceX employees hold dogecoin. These mentions by Musk have been behind the 24-hour DOGE rally.

Where to Buy DOGE

To buy dogecoin during the current uptrend, you can create an account on eToro. eToro is a leading exchange platform that supports a wide range of cryptocurrencies and trading pairs. eToro also supports copy trading that allows a new trader to copy the trading strategies used by expert traders.

Looking to buy or trade Dogecoin (DOGE) now? Invest at eToro!

67% of retail investor accounts lose money when trading CFDs with this provider

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The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

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      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

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