![]() Source: TradingView Echoes of XRP’s longstanding all-time highs May 8th is the day to watch.” DOGE/USD 1-day candle chart (Bittrex). ![]() “I suspect this is the final push before it’s all over for good. What took 18 hours at first has been ongoing for 2 days now,” Lowstrife commented. “Each of Doge’s major rallies this year has been smaller and less aggressive. Should the tide turn, however, bagholders could face the kind of losses reminiscent of those that followed the end of the 2018 “alt season.”įor pseudonymous cryptocurrency trader Lowstrife, signs of apocalypse are already visible on the spot market. Somebody please help me understand this logic?- Jason A. Why tf does going on Saturday Night Live create the scenario to push DogeCoin to $1.00. Musk, who has made headlines throughout the year for his alleged adoration of Dogecoin, has likewise fuelled acceptance of its gains as being based not on merit but on the viral effect of memes. With major proponent Elon Musk due to make his promised appearance on Saturday Night Live as “The Dogefather” on Saturday, however, that date is quickly becoming a line in the sand for the meme-based altcoin’s fortunes. ![]() “Final push”Īs Cointelegraph reported, DOGE/USD has continued to climb this week, reversing previous losses to take out its previous sky-high peak of $0.47. In a series of tweets on Tuesday, popular Twitter account Lowstrife highlighted similarities between Dogecoin and XRP among warning signs that “the end” is nigh. Dogecoin ( DOGE) is surging, and Bitcoin ( BTC) is limping, but one analyst predicts that this week will burst the DOGE bubble.
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