Lokesh Gupta
16-08-2024
The #DOG project attracted 2.3 million Telegram user within eight days and now boasts over 55 million active users.
DOGS listings will begin on major cryptocurrency exchanges such as Bybit, Bitget, and Gate.io on August 20, 2024, at 12:00 UTC.
The latest traded price of $DOG on XT.com’s pre-market is $0.00953, significantly less than the community's expected value of $0.04 USD and 3.35 in INR
As of July 11, 2024, the DOGS/USDT pair initially surged with bullish momentum, but the upward trend could not be sustained, leading to a sharp decline.
The DOG/USDT pair has been trending downward in a descending medium, marked by consistently less highs and lower lows, for over two months.
On August 8th, DOG found support at $0.01100 and attempted a rebound, but it failed to break out of the means, breaching support and dropping below the crucial $0.01000 psychological level.
Coingabbar analysis suggests that if bulls break out of the channel and close above $0.01100, the price could rise to $0.01800 or even $0.02300.
If bulls fail to break resistance, bears may push the price to the lower end of the channel, potentially reaching a new all-time low.
KEY LEVELS :
RESISTANCE LEVEL : $0.01800-$0.03000
SUPPORT LEVEL : $0.00500-$0.00100
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is economic advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; user should consult investment professionals and assess their risk tolerance before investing.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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