Dogecoin Price Prediction: Elon Musk Watches Tesla Buy Dogecoin, Doge Pumps 10% But Traders Flock To This ICO To Get 10x Profits From Bitcoin Halving.

Dogecoin price pumping It’s up more than 9% in the past 24 hours as investors buy back the major meme coin, trading at $0.1855 as of 8:50 a.m. ET.

One of the reasons why DOGE’s value soared was the remarks of Elon Musk, the so-called “DOGEFather”. During a recent appearance at Tesla’s Giga Berlin factory, the billionaire owner of Tesla and SpaceX was asked whether people could buy Tesla cars using Dogecoin.

Musk responded, “I think we should make this possible at some point.” “You can buy Tesla products through Doge, which is great. So Dogecoin headed to the moon.”

Dogecoin price has broken above the resistance level.

DOGE/USDT 4-hour chart (Source: TradingView)

Dogecoin price was able to overcome the $0.17879 resistance level and continues to trade above this level. A sustained position above this threshold could give the meme coin leader the foundation it needs to challenge the next technical hurdle of $0.19586 in the next 24 hours. In an extremely optimistic scenario, viceroy If buyers continue to push the price higher, it could go as high as $0.21574.

However, a break below the recent breakout of $0.17875 could prevent this bullish argument from coming to fruition. In this alternative scenario, traders could start taking profits and subsequently push the Dogecoin price down to the $0.16636 support level. At this point, continued selling pressure could push the cryptocurrency’s value down to $0.15110.

Technicians suggest that Dogecoin price has not yet risen.

technical indicators DOGE’S Although it is a 4-hour chart, it is leaning towards a bullish scenario. Moving Average Convergence Divergence (MACD) recently crossed the MACD signal line. This technical flag is generally considered an indication that a cryptocurrency has entered a positive cycle. The MACD line is also rising in a direction away from the MACD signal line, so the positive trend appears to be getting stronger.

Meanwhile, the relative strength index (RSI) is located above the simple moving average (SMA) line. These technical events are bullish and suggest that buyers have an advantage over sellers. However, traders will want to keep an eye on this indicator as the RSI line begins to stabilize. This could be an early sign of an upcoming bearish trend reversal.

A potential sign of a trend reversal in DOGE could be that the MACD histogram is starting to stabilize, suggesting that the positive trend has peaked. Another possible sign is if the RSI line breaks towards the SMA on the 4-hour chart.

Traders are struggling as the Dogecoin price attempts to continue rising in the short term. green bitcoin Pre-sale for potential 10x profit after Bitcoin halving in April.

Bitcoin is cheaper and greener

Bitcoin prices have been on the rise since the launch of the spot Bitcoin ETF (Exchange Traded Fund) in the United States. This has pushed the market leader to a very expensive price north of $71,000, leaving many retail investors looking for cheaper alternatives that are still tied to the major cryptocurrency.

Green Bitcoin (GTBC) is one such cryptocurrency. Designed as a greener alternative to Bitcoin, GBTC is an Ethereum-based token. This means that it relies on a proof-of-stake consensus mechanism to confirm transactions, rather than the computationally expensive proof-of-work consensus that Bitcoin uses.

Traders can treat GBTC as a new Bitcoin, giving them a second chance to buy BTC again when BTC is still trading below $1. This possible realization could support the token surging to over $4.3 million in funds raised.

Furthermore, being powered by a proof-of-stake consensus means that GBTC offers its own staking program, providing early investors with additional rewards beyond simple speculative trading. With over 63% of GBTC supply already staked, investors took advantage of this opportunity to earn up to 118% in annual rewards.

Introducing Green Bitcoin: A revolutionary yield prediction token.

Join the Gamified Green Stake platform where your predictions can turn into profits!

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Token holders will continue to receive profits even after the pre-sale, taking into account the project’s revenue prediction model. Anyone who stakes GBTC can participate in daily challenges where they can earn rewards by predicting the future movement of BTC.

Possible surge after BTC halving

Bitcoin’s mining rewards will be cut in half due to the upcoming halving event. As a result, it will become more difficult to obtain new BTC. This is especially true for retail investors who don’t have the deep pockets of institutions like BlackRock, Fidelity and Grayscale.

Nothing can stop the green revolution!

Join the Green Bitcoin Presale Today pic.twitter.com/YgwUk11Ay8

— GreenBitcoin (@GreenBTCtoken) March 11, 2024

This puts GBTC in a good position to meet market demand. BTC miners may also see the lucrative staking program as a way to make up for reduced income following the halving.

The price of $GBTC token is currently only $0.9162, but the price is expected to increase within 5 days.

You can purchase $GBTC tokens at: The official Green Bitcoin website is hereHere you can exchange ETH or USDT for $GBTC or purchase directly with your bank card.

Related articles:

Green Bitcoin – Gamified Green Staking

• Coinsult’s contract audit
• Early Access Presale Now Live – greenbitcoin.xyz
• Profit Forecast – Cointelegraph Feature
• Staking Rewards and Token Bonuses
• Over $1 million raised