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DOGEUSDT (Dogecoin)- Coin of the Week

BINANCE:DOGEUSDT   Dogecoin / TetherUS
Coinbase’s CEO, Brian Armstrong discussed during the company’s earnings call about the addition of Dogecoin to their platform and confirmed that it will happen by summer. Guaranty Escrow, a real estate service provider that accepts crypto payments has added Dogecoin to its payment list allowing customers to buy their next house by paying in meme currency.

Dogecoin developer Ross Nicoll told Decrypt by phone on Friday that since Musk started talking to the developers in 2019, he has "encouraged them to improve the higher transaction throughput,” provided “lots of advice and input,” and shared his vast Rolodex of contacts.

Technically, for us to be confident in the upside we need the price to break the $0,60 resistance area marked on the chart. This structure can also continue to the downside (without breaking the resistance of course) making a new low within this zone to shake out the weak hands in the trade and then skyrocket.

Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

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