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Launchpad XYZ Crypto Signals Telegram Group Longs Dogecoin Price, Target $0.15
The Dogecoin price pumped over 10% yesterday on news of Elon Musk rebranding Twitter to ‘X’.
Since completing his acquisition of the social media platform in October 2022, speculation has been rife that the Bitcoin and cryptocurrency proponent might integrate DOGE into the platform – his favorite meme coin, which can be used to buy Tesla merchandise and Elon has stated in the past even ‘has potential as a currency’.
Dogecoin Price Chart
The Dogecoin price exploded over 100% in October, bouncing from its yearly lows of $0.05, finally topping out that move in November at just over $0.15.
Currently up almost 20% in July 2023, crypto signals groups including have opened long positions on Dogecoin targeting a retest of $0.15.
The Dogecoin price is currently trading at approximately $0.07 – $0.08 heading into the FOMC press conference.
The crypto signals channel of the Launchpad XYZ project, the Telegram group’s partial take profit targets on DOGE include $0.10 and $0.12, with a stop loss at $0.071.
Other Traders on the DOGE Price Action
Several other prominent crypto traders across Telegram and Twitter are also paying attention to the latest Dogecoin price move and volume spike.
Razzoorn noted today that the DOGE trading volume on Binance Futures is currently higher than that of Ethereum.
Duo Nine Crypto Alpha tweeted:
‘#Doge about to hit the first resistance. If broken, 10 cents is in the books. #Dogecoin It’s impressive to see Doge still live and kicking hard after so many years. The Elon Effect is very powerful. This may only be the start of this story. #DOGEUSD @elonmusk’
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One of the most followed crypto Twitter accounts, RookieXBT, posted that he might ‘just risk it all with DOGE, 2x or bust’ – a 2x gain would also put the Dogecoin price at around the $0.15 level.
Popular YouTuber The Right Trader also tweeted that DOGE could be about to breakout, posting the Dogecoin weekly price chart above.
There are however also some traders concerned that the Dogecoin price pumping can signal an incoming market correction. Wizard of Soho posted:
‘The thing with the $DOGE pump… is that it pulls liquidity from majors and alts in the order books everytime. It’s been the case since day one. $DOGE will pull liquidity especially from $ETH and like $SOL and $MATIC. This usually ends up with seeing alts correct and then cascade. I think we about to see if a massive correction if $DOGE keeps pumping.’
Launchpad XYZ Crypto Signals
More insight into the best performing crypto assets including Dogecoin can be found in the Telegram, which is free to join.
Launchpad XYZ also have a separate for their ongoing $LPX token presale (admins will not DM you first – beware of impersonators).
The Launchpad XYZ project is an upcoming analytics platform that provides ‘all the training required to be a successful trader’ and empowers ‘Web3 users of any experience level to maximise their profit potential’. Find the whitepaper at its official website launchpad.xyz.
The presale for its native token LPX has so far raised approximately $1.2 million, and been featured in Cointelegraph, as well as BeInCrypto, CryptoPotato, CryptoNews, Finbold and other publications.
Holders of $LPX unlock access to all the crypto signals, alpha, market insights, and other tools in its advanced trading terminal.
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