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

      Blockchain

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

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
All Alt Coin

What’s this analyst’s take on Dogecoin and ICP’s price movement?

by Miki 07/01/2021
by Miki 07/01/2021 0 comment

Dogecoin, a simple meme coin at the moment, is one of the top contenders for becoming the next big altcoin. The hype train pulled a lot of people aboard it and at the same time also pissed off some big names. But the only thing which matters is how long will this ride be and where will the train stop. 

Is DOGE really a good boy?

Throughout the last few months, DOGE’s movement has kept everyone on their toes. Although the coin was worth virtually nothing at the beginning of 2021, at present it’s worth $0.251. In simple terms, the coin made a 5249.31% jump. At its ATH in May the coin was up by 14,540%. These numbers are proof of how much DOGE influenced investors, or at least the DOGEfather did. Discussing the meme coin Scott Melker commented,

“I don’t talk about it (Doge) very much because I was a guy trading DOGE under a penny and making money lots of time and I’m not a big fan of coins that have no inherent value and pump because of Elon Musk“

Melker also said in a recent analysis video that, DOGE was (presently) moving up. Dogecoin broke past the active downtrend and retested it as a support level. What’s surprising is that despite this price action, volumes have been significantly low. Melker stated that sellers could be exhausted and instead buying needs to be stronger in order to push up the coin.

But with this breakout and retest, DOGE should reach highs of 70 cents based on the Fibonacci tool, said Melker. But he also said that the coin could die due to any unforeseen volatility and drop.

DOGE rising on the 4-hour chart | Source: Scott Melker

ICP? 

Another altcoin that has drawn attention to itself is ICP also known as Internet Computer. This altcoin has been moving upward for some time now. ICP has breached through not one but 3 resistance levels in less than 5 days. Supporting this price action is the volume that this coin has brought into the market, which was remarkably high. Currently, the coin is worth $39, but Melker stated that should this bull run continue, it could go up to $70 as well.

ICP on the bull run | Source: Scott Melker

Source link

Views: 0
AnalystsDogecoinICPsmovementpriceWhats
Share
0
FacebookTwitterPinterestEmail
previous post
China’s Largest Crypto Exchange Imposes Strict OTC Withdrawal Limit
next post
Katy Perry to Inaugurate Her First NFT with Theta Network

Related Posts

Are Solana’s bulls really strong enough to halt...

12/29/2021

IXFI Announces Launch of New-Age Exchange Platform

12/29/2021

Litecoin repeating history will have this effect on...

12/28/2021

More than just a game – what GameFi...

12/28/2021

Even as network hits one million users, FTT...

12/28/2021

Fintech Expert Makes Six Bold Predictions for Crypto...

12/28/2021

A recovery rally in play for Sushiswap, as...

12/28/2021

SEC Accused of Deliberately Trying to ‘Kill’ XRP...

12/28/2021

Recent gains may finally boost Aave’s dominance in...

12/28/2021

Santa Floki Price Rallies 5,000% after Elon Musk’s...

12/28/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • As Crypto Market Goes Into “Extreme Greed,” Is Bitcoin Set For New All-Time High?

  • Chainlink: Traders can long here once the dust settles

  • XRP, Tron, IOTA Price Analysis: 31 July

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

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

      Blockchain

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

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$30,052.00-1.03%
  • ethereumEthereum(ETH)$2,049.04-1.21%
  • tetherTether(USDT)$1.00-0.14%
  • usd-coinUSD Coin(USDC)$1.000.04%
  • binancecoinBNB(BNB)$300.62-1.51%
  • rippleXRP(XRP)$0.428175-1.67%
  • cardanoCardano(ADA)$0.56-1.36%
  • SolanaSolana(SOL)$55.65-1.39%
  • Binance USDBinance USD(BUSD)$1.000.31%
  • dogecoinDogecoin(DOGE)$0.089218-1.16%
  • polkadotPolkadot(DOT)$10.62-3.80%
  • AvalancheAvalanche(AVAX)$33.77-1.58%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$30,068.00-0.91%
  • Lido Staked EtherLido Staked Ether(STETH)$2,014.70-1.13%
  • tronTRON(TRX)$0.0719731.45%
  • Shiba InuShiba Inu(SHIB)$0.000012-1.26%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • daiDai(DAI)$1.000.15%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • litecoinLitecoin(LTC)$72.222.41%
  • CronosCronos(CRO)$0.198972-0.30%
  • matic-networkPolygon(MATIC)$0.70-0.53%
  • leo-tokenLEO Token(LEO)$5.134.69%
  • LADZLADZ(LADZ)$0.0686894.36%
  • NEAR ProtocolNEAR Protocol(NEAR)$6.53-3.96%
  • FTX TokenFTX Token(FTT)$31.45-2.32%
  • HederaHedera(HBAR)$0.389473-3.44%
  • bitcoin-cashBitcoin Cash(BCH)$202.90-1.31%
  • RareRare(RARE)$0.0461220.00%
  • chainlinkChainlink(LINK)$7.55-2.20%