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Dogecoin ($ DOGE) is not just a meme -dog currency. It’s OG, the first Mimi currency ever, and today with the highest market level ($ 24.2 billion). Of course, Mimi currency lovers monitor evidence of the direction of the Mimi Grand Currency Market.
In this article, we will empty the current expectations of $ DOGE, explain the reasons that make us cheerful and cautious about its future, and we discuss how a concept is like Mimi Fahras before It can provide the best strategy in the current market scenario.
Reasons to be optimistic about $ Doge
On monthly and weekly plans, Dogecoin gets support at 0.618 decisive Fibonacci level. This is a huge purchase signal, because it indicates that the distinctive symbol had a perfect amount of correction and is now ready to continue its upward trend in the long run.
Also, in the weekly time frame, 20 Ema (Si -moving average) is still above 50 EMA. This confirms the bullish trend in the long run.
Another reason to feel satisfied about $ DOGE is that it is currently circulating at the bottom of a similar triangle style (on the time frame for two hours).
The distinctive symbol is also in a decisive support/resistance area – referred to in the blue box in the picture below. As you can see, this region has seen many repercussions in the past.
If $ DOGE follows a long -term upward trend, we can see that he is recovering its highest level of $ 0.48.
Short -term direction signals for $ DOGE
Although the larger Dogecoin image is upscale, its short -term direction was already declining for some time. In fact, the price of $ DOGE has decreased since the first week of December.
Also, all the main trend indicators, such as 200, 50 and 20 Emas, hang down on the important short -term time limits such as daily, 12 hours and 4 hours.
It is always worth noting what is happening in the larger Meme Coin market, which does not really gather.
Regardless of $ DOGE, the distinctive distinctive symbols such as $ SHIB, $ Pepe, $ Trump and $ Bonk are red in the past seven days.
But when the Mimi currency market decreased, pre -range prevails. Since they were not publicly included, Crypto Presales can provide a haven of current fluctuations.
In fact, if you are looking to invest in $ DOGE, a basket of other Meme currencies, you cannot make a mistake in a tool like Mimi Index ($ Memex).
What is Meme ($ Memex)?
$ Memex is a revolutionary encryption project that will help you lose less when the market is not favorable and generates a large investment return when the market finally turns into a rise.
This is because it is the first provider of Mimi currency indicators. We all have faced the investment strategy in the gold stock market to put our money in indexes like the S&P 500.
Good, $ Memex The same concept (the concept of investment risk) brings to the area of Mimi.
The Meme index contains four indexes, each carrying a different amount of fluctuations and risks.
Therefore, the beauty of $ Memex lies in the fact that you can choose any of the four indexes depending on your appetite for the risk and the required gains.
- Mimi Titan IndexThis is a group of the best eight MIM currencies, each with a market ceiling for more than $ 1 billion. You will find a fixed encryption like $ DOGE, $ SHIB and $ Pepe, which makes this perfect index if you prefer to bet on tried coins and test.
- Mimi Monchot Index: Also known as the Rising Star Index, this contains eight emerging coins about 1B in the maximum market, and thus enter the Meme Titan index. It provides a balanced possibility for risks.
- Mimi Medicab Index: The name may give it away. This index contains Meme coins with the maximum market between $ 50 million and $ 250 million. It is ideal for the most aggressive investors, who want to bear the additional risks to chase the possibility of achieving great gains.
- Mimi crazy index: A variety of very volatile symbols that can either rockets to the moon or fall flat, the Mimi madness is specially designed for Degens, that is, investors from Meme who love life on the brutal side.
Why does the Mimi index explode?
By allowing investors to diversify their total investments through Mimi high -capacity coins, $ Memex Reduces total risk exposure.
To understand the future capabilities of $ Memex, you should remember the Meme currencies is a fast -growing investment. Thanks to the success stories of $ DOGE and $ Pepe – and recently, investors from all over the world finally realize the potential of the best coins.
Mimi index Perhaps the best investment way to the new Meme Coin investors, which is why $ Memex is at the top of our list of the next explosion encryption.
The meme index takes the work from finding MIM coins that can 10x or 100x, especially in a market that contains thousands of symbols.
In addition, $ MEMEX index driven by society. The voting owners will get the symbols included in each indicator. The four indexes will be dynamic as well, which means that they will be updated regularly so that it only contains crop cream at all times.
This actual time management is an innovation in the Meme Coin market and can just be the edge you need.
How do you benefit from $ Memex?
If you like the idea of purchase to an index, the $ Memex approach may be in myme Coin investment for you.
You can get $ $ MEMEX for only $ 0.0166883, but you will need to move it, as $ MEMEX ends at any moment now.
Simply put, this is your last chance to buy $ Memex for this low price. Once things are alive, there is a high possibility that you will pump to record the highlands – and you will not get it for this reduced price again.
For more technical information about the project, verify Mimi white index paper. Also, follow them X Nutrition and cable Channel for regular updates.
Although all signs indicate the fact that $ Memex can join the best low coins after insertion, it is important to remember that there is nothing guaranteed, especially when it comes to coins.
Therefore, we only recommend investing an amount that allows you to sleep properly at night.
Last and not another, it is important to do your own research before investing. After all, this guide is just a variety of our opinions and visions – it’s not a financial advice.
The post Dogecoin Is Bullish Long-Term, but Short-Term Screams Caution. Can Meme Index Presale 100x? first appeared on Investorempires.com.