您现在的位置是:Dogelon Mars (ELON) is expected to maintain a bullish trend >>正文
Dogelon Mars (ELON) is expected to maintain a bullish trend
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛474人已围观
简介Over the past week, Dogelon Mars (ELON) has been one of the main meme coin performers. The toke is u...
Over the past week, Dogelon Mars (ELON) has been one of the main meme coin performers. The toke is up nearly 40% in a week or so and has shown significant bullish momentum. But how long can it sustain gains before a major sell-off? More analysis in the post but here are some important facts first.
Dogelon Mars has outperformed the entire market by almost 15% in the past week.
The coin has closed higher in the last four days in a row
In the last two days alone, ELON has surged by over 25%.
Data Source: Tradingview
Dogelon Mars (ELON) – Can bulls maintain the uptrend?
Despite this recent surge, it seems like the price action has been bouncing off two crucial support and resistance zones. In fact, ELON has tried to surge past the overhead resistance zone of $0.0000012, but bulls have not managed to get enough demand. The coin is however getting closer and closer and could break through in the coming days.
If this happens, then we should have a sustained upward breakout that could deliver minimal gains of about 30%. Also, the sentiment in the crypto market is showing good signs. This means that investor appetite towards meme coins, which are largely speculative assets, is returning. For this reason, it is likely that in the near term, ELON will report more and more gains.
Is Dogelon Mars a good buy now?
The key for short-term traders is to watch the $0.0000012 price. If the meme coin can rise above this, then it is likely that more gains will come. We are looking at an upswing of around 30% before any pullback.
So, with that in mind, Dogelon is a good buy. But from a long-term point of view, it would be best to wait until sentiment in the crypto market has fully stabilised before jumping in.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/849134.html
相关文章
Chingari short video app partners with Fashion TV
Dogelon Mars (ELON) is expected to maintain a bullish trendChingari, India’s most popular short and fastest-growing short video app, has reached an exclu...
阅读更多
DeFiChain’s DFI Token Starts Trading on the Gate.io Exchange
Dogelon Mars (ELON) is expected to maintain a bullish trendSingapore, Singapore, 26th September, 2022, ChainwireDeFiChain, the world’s leading blockchain...
阅读更多
Portsmouth will embrace a blockchain future, starting with crypto
Dogelon Mars (ELON) is expected to maintain a bullish trendThe mayor of Portsmouth doesn't want his city to miss out on the utility of crypto and blockchain te...
阅读更多
热门文章
- Showing the colored world of animals via a new camera system
- Is LUNC in for a steep price rise? Best places to buy LUNC
- Is the Apple Vision Pro the future of vision science?
- Coinbase explains why crypto is better than fiat in ensuring sanction compliance
- Startup exhibits wearable that displays captions in wearer's view
- US student launches NFT series to support Ukraine