What has Elon Tweeted that may change for Crypto landscape
Elon has been tweeting a lot lately and he has used a lot of misdirection and memes that can be interpreted in many different ways. However, the main takeaway here is that Musk still likes Dogecoin. This should be a key indicator for many people trading crypto, especially Doge. The coin has been battered as of late but has not broken down further beneath support. I liken this to a storm hitting a sand bar and going back out to sea. Doge has been holding which indicates that the trend will be heading towards a bullish rise we expect that to happen on the 26th of this month.
The crypto space as I stated several articles ago is a really crazy 🤪 space with so much volatility. Many believe that it is possible that Bitcoin could go to $100,000 oh boy that would be insane. But with the volatility, you may need several heart transplants if you want to live to see it. Now getting back on track with Dogecoin the report that an account that was selling off 1 million shares of Dogecoin every fifteen minutes. That account has been reported to have stopped its sell-off of Doge, the crypto has shaken off the assault and appears to be recovering extremely well.
Many investors are gobbling up shares of Doge with the dips expecting the coin to rise. Another major announcement is that Doge has signed a major brand deal with Ax showing the Dogecoin logo blasting off and going to the moon. I don't know about you, but do you actually need the dang apple to hit you in the head to understand what we are witnessing here. All indicators are showing Doge making a bullish run on Monday but holding up partners not so fast. The Grandaddy may have something to say about all of it referring to Bitcoin, if the bit continues to tumble before finding support this may snuff out any gains that Dogecoin will likely make. Are you slightly confused about what to expect with crypto, you are not the only one?
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Continue the fun keep reading this next blog post-Big Tech earnings report coming out with Tesla leading the way
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