Despite a bit of a rocky start this morning, it appears most crypto markets have found their pace again. Nearly all top markets are in the green, which is always a peculiar sight. As far as the Dogecoin price is concerned, the uptrend is still in effect. A push to $0.0021 may very well occur over the weekend.
Dogecoin Price Shifts Gears Once Again
While it seemed as if the DOGE value would go on the retrace earlier today, things have turned out very differently once again. This is one of the strengths of the crypto industry throughout 2019 so far. Every frown is, quite literally, turned upside down. That was very different last year, when depression was a very commonly diagnosed trait among crypto traders.
To put this in perspective, the Dogecoin price has turned somewhat bullish again. With a 21.% increase in USD value, one DOGE is now valued at $0.002072. There is also a 0.8% improvement in DOGE/BTC, bringing that value back to 52 Satoshi. It appears the 50 Satoshi support level has come through for Dogecoin, at least for now.
There appears to be some genuine intrigue regarding Vitalik Buterin’s Dogecoin holdings. He recently shared his crypto holdings with the world, and it appears he has never sold any Dogecoin in the process. In fact, he is allegedly looking to buy more, which is always a pretty interesting sight to behold. Diversification is key in this volatile industry, even for project developers.
Just a reminder, Vitalik Loves Doge!!! ♥️♥️♥️🐕🐶🐕🐕🐕 via /r/dogecoin https://t.co/nhL7cY2YIO hot 🔥 in #reddit #dogecoin #doge #crypto much wow!
— Domain Address Info (@DomainAddress4u) February 22, 2019
As has been the case for some time now, Dogecoin enthusiasts are always trying to keep the hype and momentum going. Notorious DOGE expects Bitcoin to hit $400,000 soon, at which point one DOGE would be valued at $1. It is a price level a lot of holders hope to see reached in their lifetime, albeit it seems unlikely that will be the case in the end.
https://twitter.com/sabotagebeats/status/1099006581247741952
Furthermore, there is still a growing dismay regarding Coinbase’s refusal to list DOGE on its platform. Fernando is wondering what needs to happen to ensure Dogecoin is listed on this popular exchange, as all previous efforts have seemingly fallen on deaf ears. Changing that narrative will not be easy whatsoever, as the company simply doesn’t seem inclined to make this decision.
Can you please provide doge on your platform? What do they need to do ?? Or the people #dogelife @dogecoin . What I am saying is your platform is good would like if you provide #dogecoin . The amount of likes will agree with me …?
— F——— (@ITbballer) February 22, 2019
All of the signs seem to confirm this Dogecoin uptrend can remain in place for a few more days to come. The weekend is around the corner which is always an exciting period for trading cryptocurrencies. While there is a chance things could turn slightly bearish again, there is no real reason to expect any major dips at this time.
Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency.
Image(s): Shutterstock.com