Dogecoin

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Widely followed pseudonymous trader Altcoin Sherpa says one Dogecoin (DOGE) rival could make a bigger move to the upside.
Altcoin Sherpa tells his 196,400 followers on the social media platform X that after breaking through a key resistance level, memecoin Pepe (PEPE) may not be done rallying.

“PEPE: nice move today, I didn’t really see this one coming. The volume profile shows three significant resistance areas, with the first one getting broken now. I highly doubt this is a full reversal, but a bit more upside may be in store. Would be cautious with this one overall.”
Source: Altcoin Sherpa/X
Looking at his chart, the next resistance level appears to be between the price range of $0.00000078 to $0.000000820.
Pepe is trading for $0.000000716 at time of writing, up 16.9% in the last 24 hours.
Next, the trader weighs in on Bitcoin (BTC) and says the market remains unclear as key exponential moving averages (EMAs) converge just above the crypto king’s price, acting as resistance.
“BTC one-day thoughts: overall market structure hasn’t changed much IMO (in my opinion). We’re still either forming some sort of weird higher low OR consolidating for the next leg down. The cluster of one-day EMAs all acting as resistance for now, but no clear change.”
Source: Altcoin Sherpa/X
The trader predicts Bitcoin will decline to finish out the year.
“I don’t personally have a super strong opinion in regards to where price goes. Gut says we move up to $28,000 in the mid-term, but I don’t really know. The last recent high established in mid-July was an equal high from before and not truly a higher high IMO. 
I think we’re still in an overall chop fest similar to 2019, where we saw a big move up and we’ll see a slow grind down for the rest of 2023. Probably slow grind down IMO and then we have some good times in December/January as always.” 
Bitcoin is trading for $26,595 at time of writing, up 0.1% in the last 24 hours.
Lastly, the trader says he’s keeping an eye on the AI-based altcoin Worldcoin (WLD). According to Altcoin Sherpa, WLD might be in a position to witness a price dip after a brief rally as it now trades close to a key resistance level.
“WLD: Total shitcoin, but I think that this one makes a lower high. I’m in since $1.42ish.”
Source: Altcoin Sherpa/X
Worldcoin is trading for $1.62 at time of writing, up 7.5% in the last 24 hours.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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The post Trader Says Dogecoin Rival Has Additional Upside Potential, Updates Outlook on Bitcoin and Worldcoin appeared first on The Daily Hodl.


Widely followed pseudonymous trader Altcoin Sherpa says one Dogecoin (DOGE) rival could make a bigger move to the upside. Altcoin Sherpa tells his 196,400 followers on the social media platform X that after breaking through a key resistance level, memecoin Pepe (PEPE) may not be done rallying. “P...

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Trader Says Dogecoin Rival Has Additional Upside Potential, Updates Outlook on Bitcoin and Worldcoin

A widely followed crypto analyst is sharing his latest plan on Bitcoin (BTC) while charting out what’s next for Dogecoin (DOGE).
Pseudonymous crypt trader Rekt Capital tells his 353,200 followers on the social media platform X that he plans to dollar cost average into BTC in preparation for the Bitcoin halving.

“BTC 
My plan is to dollar cost average for the remainder of the Pre-Halving period in preparation for the parabola after the Halving.”
Source: Rekt Capital/X
The Bitcoin halving is a programmed event that reduces the reward for mining new bitcoins by half every four years, making Bitcoin more scarce and valuable over time. The next halving is scheduled for April 2024.
Dollar-cost averaging is a strategy of investing a fixed amount of money at regular intervals, regardless of the price of the asset. This can help investors to reduce their risk and lower their average cost per share over time.
Rekt Capital also breaks down Bitcoin’s candle chart.
“BTC 
Get through Candle 3
And you’ll be rewarded with Candle 4 and Candle 1.”
Source: Rekt Capital/X
A candle chart is a type of financial chart used to describe the price movements of a security, derivative, or currency. Each candlestick represents four important pieces of information for that period: open, close, high, and low.
BTC is worth $26,623 at time of writing.
Diving into Dogecoin in his Altcoin Newsletter, Rekt Capital says that, even though DOGE has been moving down for the past few weeks, there may still be a bullish divergence forming.
“As long as DOGE maintains the Channel Bottom as support as it has done thus far, this Bullish Divergence may very well play out and enable price to revisit the Channel Top over time.
Macro-wise, DOGE is consolidating inside this Channel until further notice.”
Source: Rekt Capital
DOGE is worth $0.0615 at time of writing.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/breakermaximus/Sensvector
The post Crypto Analyst Shares Bitcoin (BTC) Plan, Sees Potential Bullish Momentum for Dogecoin (DOGE) appeared first on The Daily Hodl.


A widely followed crypto analyst is sharing his latest plan on Bitcoin (BTC) while charting out what&#8217;s next for Dogecoin (DOGE). Pseudonymous crypt trader Rekt Capital tells his 353,200 followers on the social media platform X that he plans to dollar cost average into BTC in preparation for...

Crypto Analyst Shares Bitcoin (BTC) Plan, Sees Potential Bullish Momentum for Dogecoin (DOGE)

New York state’s financial regulator just rescinded its approval on most of the digital assets it had previously made easy for crypto firms to do business with.
The New York State Department of Financial Service (DFS) previously had 24 assets on their “Greenlist” of coins.

The agency says virtual currency (VC) entities can list or custody assets on the Greenlist without additional regulatory requirements.
“The Greenlist is wholly separate and independent from any individual VC Entities’ coin-listing policies and resulting self-certifications.”
The number of coins on the list has now been slashed eight after the DFS decided to remove most of the tokens, including Ripple (XRP), Dogecoin (DOGE), Litecoin (LTC) and Chainlink (LINK).
Leading crypto assets Bitcoin (BTC) and Ethereum (ETH) are still on the amended Greenlist, along with the stablecoins Gemini Dollar (GUSD), GMO JPY (GYEN), GMO USD (ZUSD), Pax Gold (PAXG), Pax Dollar (USDP) and PayPal Dollar (PYUSD).
The DFS says it can make changes to the listing whenever it finds it necessary to add or remove a coin.
“DFS may, at any time and in its sole discretion, add any coin to the Greenlist; remove any coin from the Greenlist; refrain from placing any coin on the Greenlist; discontinue the Greenlist process entirely; prohibit or otherwise limit a coin’s use before or after a VC Entity begins using a coin; or require that any VC Entity delist, halt, or otherwise limit or curtail activity with respect to any coin.”
The regulator can add a coin to the Greenlist if the asset or its issuer has a proven track record of safety, soundness and customer protection, as well as widespread adoption. The list can also include stablecoins that the agency has approved for issuance.
VC entities that choose to list any of the Greenlisted coins are required to notify the DFS at least 10 days in advance before starting support. They also need to have a DFS-approved coin-delisting policy.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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The post New York Strikes Out Dogecoin, XRP, Litecoin, Chainlink and Other Crypto Assets From ‘Greenlisted Coins’ appeared first on The Daily Hodl.


New York state&#8217;s financial regulator just rescinded its approval on most of the digital assets it had previously made easy for crypto firms to do business with. The New York State Department of Financial Service (DFS) previously had 24 assets on their &#8220;Greenlist&#8221; of coins. The a...

New York Strikes Out Dogecoin, XRP, Litecoin, Chainlink and Other Crypto Assets From ‘Greenlisted Coins’

Widely followed crypto analyst Rekt Capital thinks the decentralized oracle network Chainlink (LINK) is primed to continue its recovery.
Rekt Capital tells his 352,300 followers on the social media platform X that LINK respected its range-high resistance after it surged in price in July.

LINK dropped to a recent low of $5.76 on September 11th, which the crypto analyst notes is around the asset’s range-low support.
LINK has since surged by nearly 18% from that recent low and is trading at $6.79 at time of writing. Rekt Capital predicts that LINK “should be able to revisit the range-high resistance” around $8.186, which would be an additional 20.5% increase.
Source: Rekt Capital/X
The analyst also says Dogecoin (DOGE) respected its channel resistance in July and August. The top memecoin hit a high of nearly $0.082 in late July and has since plummeted by more than 23.7% and is trading around $0.0623 at time of writing.
“DOGE is holding the channel bottom as support thus far. Main market structure is still intact.”
Source: Rekt Capital/X
Turning to Bitcoin (BTC), the trader says it’s clear that the top crypto asset is in an “early-stage bull market.”
However, he warns that Bitcoin could still witness one more move to the downside similar to its 2019 and 2015 market cycles.
“Long-term the outlook is bullish. Mid-term? Over the next seven months, we may or may not get one last major correction. Will it happen? It would be wise to at least be ready for it if it does.”
Source: Rekt Capital/X
BTC is trading at $26,736 at time of writing.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney
The post Crypto Analyst Predicts Over 20% Rally for Chainlink (LINK), Updates Forecast for Dogecoin (DOGE) appeared first on The Daily Hodl.


Widely followed crypto analyst Rekt Capital thinks the decentralized oracle network Chainlink (LINK) is primed to continue its recovery. Rekt Capital tells his 352,300 followers on the social media platform X that LINK respected its range-high resistance after it surged in price in July. LINK dro...

Crypto Analyst Predicts Over 20% Rally for Chainlink (LINK), Updates Forecast for Dogecoin (DOGE)

New York’s financial regulator has significantly reduced the number of pre-approved cryptocurrencies that licensed crypto trading platforms can list. XRP, dogecoin, litecoin, and ethereum classic are among the coins removed from the Greenlist. The regulator also proposed new crypto guidance that “heightens risk assessment standards for coin-listing policies and tailors enhanced requirements for retail consumer-facing businesses.”
New York Updates Crypto Greenlist
On Monday, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris issued an update on the department’s “ongoing initiative to strengthen DFS oversight of virtual currencies.” The DFS also published an updated list of cryptocurrencies approved for all licensees to list or custody.
Any entity licensed or chartered by the DFS to conduct virtual currency (VC) business activity in New York “may list coins on the Greenlist without having a separate DFS-approved coin-listing policy,” the regulator detailed, noting that if a crypto entity decides to list a coin on the Greenlist, it must notify DFS at least 10 days prior to offering the coin in New York.
The list published on Monday comprises bitcoin (BTC), ethereum (ETH), Gemini dollar (GUSD), GMO JPY (GYEN), GMOUSD (ZUSD), Pax Gold (PAXG), Pax dollar (USDP), and Paypal dollar (PYUSD).


The DFS greenlist was previously much longer and included cryptocurrencies that were only approved for custody, listing, or both. In July, the greenlist comprised 0x (ZRX), aave (AAVE), bancor network token (BNT), basic attention token (BAT), Binance USD (BUSD), bitcoin (BTC), bitcoin cash (BCH), chainlink (LINK), dogecoin (DOGE), ethereum classic (ETC), ethereum (ETH), Gemini dollar (GUSD), GMO JPY (GYEN), kyber network (KNC), litecoin (LTC), livepeer (LPT), lumens (XLM), omisego (OMG), Pax gold (PAXG), Pax dollar (USDP), Ripple (XRP), synthetix (SNX), wrapped bitcoin (wBTC), and z.com USD (ZUSD).
The announcement further details:
Today’s proposed guidance for coin-listing and guidance on the general framework for Greenlisted Coins enhances the original framework issued by the Department in 2020.
According to the DFS, the guidance published on Monday “heightens risk assessment standards for coin-listing policies and tailors enhanced requirements for retail consumer-facing businesses.” It also “requires licensees to develop and submit to DFS for approval a coin-delisting policy that is compliant with this proposed guidance” and “updates the DFS Greenlist, the list of coins and tokens approved for all licensees to list or custody, and Greenlist process.” The proposed guidance is open for public feedback until Oct. 20, the announcement concludes.
What do you think about the updated list of greenlisted coins? Let us know in the comments section below.









New York&#x2019;s financial regulator has significantly reduced the number of pre-approved cryptocurrencies that licensed crypto trading platforms can list. XRP, dogecoin, litecoin, and ethereum classic are among the coins removed from the Greenlist. The regulator also proposed new crypto guidanc...

Dogecoin price	$0.061505
Low - High 24H	$0.061337 - $0.061861
Market cap	$8.68B
Volume 24H	$114.35M
All time high	$0.731578 -91.59% May 8th 2021
All time low	$0.000087 70672.97% May 6th 2015
Genesis date	N/A

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