Saturday, March 25, 2023
No Result
View All Result
Blockchain Daily Report
Advertisement
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS
Crypto Marketcap
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS
Crypto Marketcap
Logo
No Result
View All Result
Home Bitcoin

Dogecoin (DOGE) Price Is Up 5% On This News

by Blockchain Daily Report
December 23, 2022
in Bitcoin
Reading Time: 3 mins read
A A
0
Dogecoin (DOGE) Price Is Up 5% On This News
Share on FacebookShare on Twitter


After a troublesome week for Dogecoin (DOGE) traders, there was at the least a small Christmas current from the European crypto trade Bitstamp yesterday. The fifth-largest trade by spot buying and selling quantity, in line with latest information from CoinMarketCap, introduced that it’s going to listing Dogecoin.

Bitstamp, which relies in Luxembourg, permits buying and selling between fiat currencies and Bitcoin, in addition to different cryptocurrencies. As of yesterday, Dogecoin (DOGE) can now be exchanged for euros and USD.

“We’ve launched Dogecoin, the cryptocurrency impressed by the favored Shiba Inu meme, for our clients. Purchase and commerce DOGE on Bitstamp right this moment!” the trade wrote.

Dogecoin Value Reveals Slight Restoration

Pushed by the information, DOGE recorded a slight upward transfer right this moment, inflicting the Dogecoin worth to rise by 5% briefly. At press time, DOGE was buying and selling at $0.776. Thus, DOGE had already misplaced a few of its income once more and is barely 2% above yesterday’s worth as of press time.

The information has additionally induced Dogecoin to see a brisk improve in 24-hour buying and selling quantity. In comparison with the earlier interval, DOGE’s buying and selling quantity spiked by 76%, totaling $590 million. Nonetheless, the DOGE military has did not push the value above the important thing resistance at $0.0791.

A take a look at the 4-hour chart reveals that the value continues to be in robust bearish territory. If DOGE fails to interrupt by the aforementioned resistance, a retest of the help at $0.0700 appears prone to occur.

DOGE worth exhibiting a slight restoration, 4-hour chart

A take a look at the 1-day chart additionally reveals that Dogecoin has been in a descending pattern channel for the reason that starting of the month. After buying and selling as excessive as $0.114 on December 5, DOGE is at present trapped on this descending pattern. A detailed considerably above the $0.0776 degree would mark a breakout from the pattern channel and will carry new hope.

DOGE USD_2022-12-23
DOGE worth trapped in a descending pattern channel, 1-day chart

As NewsBTC reported, DOGE traders can hope for a optimistic increase from right this moment’s launch of the core Private Consumption Expenditures Value Index (PCE). If the info is available in considerably beneath expectations, what appears very prefer to some analysts, the US greenback might weaken and increase danger property comparable to DOGE.

Is The DOGE Group Shedding Religion?

The present downward trajectory comes after Dogecoin’s largest and most influential fan, Elon Musk, has gone comparatively quiet. After the Twitter acquisition, Musk was nonetheless very lively in selling DOGE. The Tesla CEO hinted a number of instances that Dogecoin might play a job in Twitter’s future path.

Nonetheless, previously week, there have been two harsh dampers for the DOGE military. On the one hand, a vote ended with Musk stepping down as Twitter CEO within the coming weeks, and on the opposite, the platform launched a brand new chart characteristic for Bitcoin and Ethereum, however not for the meme coin.

Featured picture from Kanchanara / Unsplash, Charts from TradingView.com



Source link

Tags: DOGEDogecoinNewsprice
Share76Tweet47

Related Posts

BTC Fall Towards $27,000 to Start the Weekend – Market Updates Bitcoin News

BTC Fall Towards $27,000 to Start the Weekend – Market Updates Bitcoin News

by Blockchain Daily Report
March 25, 2023
0

Bitcoin moved near a breakout under $27,000 on Saturday, as markets moved decrease following a unstable week of buying and...

Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge

Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge

by Blockchain Daily Report
March 25, 2023
0

When liquidity is low in any monetary market, volatility is excessive in each instructions. Costs have much less assist on...

Nasdaq Targets Mid 2023 For Crypto Custody Launch

Nasdaq Targets Mid 2023 For Crypto Custody Launch

by Blockchain Daily Report
March 25, 2023
0

Nasdaq Inc., one of many world’s main monetary establishments and the corporate behind the favored Nasdaq Inventory Change, plans to...

Billionaire ‘Bond King’ Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon – Economics Bitcoin News

Billionaire ‘Bond King’ Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon – Economics Bitcoin News

by Blockchain Daily Report
March 25, 2023
0

Billionaire Jeffrey Gundlach, aka the “Bond King,” has predicted that the Federal Reserve might be slicing rates of interest considerably...

Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?

Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?

by Blockchain Daily Report
March 25, 2023
0

“Within the occasion of a widespread banking panic, which appears unlikely at the moment, there'll most likely be the everyday...

Load More
  • Trending
  • Comments
  • Latest
Mine CLORE Coins Used by the CLORE.AI Distributed Computing Platform

Mine CLORE Coins Used by the CLORE.AI Distributed Computing Platform

January 23, 2023
WildRig Multi 0.36.4 beta Now With Faster NEXA Performance and Lower Fee

WildRig Multi 0.36.4 beta Now With Faster NEXA Performance and Lower Fee

January 23, 2023
Billionaire VC Tim Draper Tells Businesses To Keep Payroll In Bitcoin

Billionaire VC Tim Draper Tells Businesses To Keep Payroll In Bitcoin

March 25, 2023
BTC Fall Towards $27,000 to Start the Weekend – Market Updates Bitcoin News

BTC Fall Towards $27,000 to Start the Weekend – Market Updates Bitcoin News

March 25, 2023
Crypto scams, exploits down 71% YoY as $370M lost since January

Crypto scams, exploits down 71% YoY as $370M lost since January

March 25, 2023
Under-the-Radar Web3 Altcoin Erupts 140% This Week Amid $40,000,000 Fundraising Round

Under-the-Radar Web3 Altcoin Erupts 140% This Week Amid $40,000,000 Fundraising Round

March 25, 2023
Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge

Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge

March 25, 2023
US Crypto Crackdown Could Stifle Innovation and Weaken Dollar

US Crypto Crackdown Could Stifle Innovation and Weaken Dollar

March 25, 2023
Nasdaq Targets Mid 2023 For Crypto Custody Launch

Nasdaq Targets Mid 2023 For Crypto Custody Launch

March 25, 2023
Billionaire ‘Bond King’ Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon – Economics Bitcoin News

Billionaire ‘Bond King’ Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon – Economics Bitcoin News

March 25, 2023
Facebook Twitter Instagram Youtube RSS

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Blockchain Daily Report.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 Blockchain Daily Report.
Blockchain Daily Report is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS

Copyright © 2022 Blockchain Daily Report.
Blockchain Daily Report is not responsible for the content of external sites.

  • bitcoinBitcoin(BTC)$27,618.00-2.07%
  • ethereumEthereum(ETH)$1,755.27-1.28%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.01-0.08%
  • binancecoinBNB(BNB)$324.580.07%
  • usd-coinUSD Coin(USDC)$1.00-0.38%
  • rippleXRP(XRP)$0.4567256.64%
  • cardanoCardano(ADA)$0.360081-0.72%
  • dogecoinDogecoin(DOGE)$0.075235-0.15%
  • staked-etherLido Staked Ether(STETH)$1,751.42-1.27%