Forex Trading

Dogecoin Price Prediction: Can DOGE Break Above the $0.1440 Double Top Resistance?


Shibetoshi Nakamoto (Billy Markus, co-founder of Dogecoin) is stirring up the Twitterverse again by saying the US Department of Justice (DOJ) is being political with their actions against big names like Trump and Elon Musk.

He says the DOJ is using tactics of authoritarian regimes. This after Kamala Harris tweeted that Trump would “weaponize” the DOJ if re-elected.

Markus says the current administration is already using the DOJ against political opponents, using Trump and Musk as examples. He says such behavior is dictatorial where government institutions are used to silence opposition.

  • Markus on DOJ: Sees DOJ actions as political moves against Trump and Musk.
  • Authoritarian Concern: Says such practices are seen in authoritarian regimes.

Media Bias and Musk’s Public Image

Markus also talked about what he sees as unfair media treatment of Elon Musk, saying the media has created a negative public image of the Tesla CEO.

He says media narratives have made everyone think “Elon Musk is bad” and made him the villain in the eyes of the public.

Markus’s comments are about media influence and how it shapes public opinion on big names.

According to Markus, this has made the public see Musk in a different light, who he feels has been unfairly targeted by media narratives that misrepresent his actions and intentions.

  • Media Critique: Markus says the media is shaping Musk’s public image negatively.
  • Public Opinion: Media bias, he argues, has warped the public’s view of Musk.

Cardano’s Hoskinson Weighs In

The conversation got even more interesting when Charles Hoskinson, founder of Cardano, jumped in. He says Kamala Harris is wrong to compare Trump to authoritarian leaders. He says such comparisons diminishes historical atrocities and creates unnecessary divisions in an already divided political landscape.

Hoskinson’s comments and Markus’s statements have got the crypto and political communities talking. Their comments are part of a growing trend among crypto leaders to question government and media treatment of big names and freedom of expression and institutional influence.

  • Hoskinson’s View: Says Harris’s comparisons of Trump to authoritarian figures is polarizing.
  • Deepens Divisions: Warns it creates more divisions in society.

Together these comments by Markus and Hoskinson have started a bigger conversation on social media with crypto and political communities looking at the balance between institutional power and individual freedom. Their comments show how politics, media and public opinion shapes the image of big names.

Dogecoin Price Chart

Dogecoin Price Prediction: Can DOGE Surpass Double Top Resistance?

Currently, DOGE is trading around $0.1436, up more than 6% in the last 24 hours. If buyers continue to drive demand, the immediate resistance levels are at $0.1468 and $0.1496, with a higher target at $0.1525.

The 50-period Exponential Moving Average (EMA) at $0.1379 provides underlying support, backing the recent upward trend.

The Relative Strength Index (RSI) stands at 68, nearing overbought levels, which may signal a period of consolidation. However, if the RSI continues to rise, this could indicate further gains in the near term.

  • Key Resistance Levels: $0.1468, $0.1496, and $0.1525.
  • Immediate Support: $0.1405, with additional levels at $0.1366 and $0.1333.
  • Technical Indicators: RSI nearing overbought at 68.5; 50 EMA support at $0.1379.

Conclusion: Dogecoin’s move above $0.1440 hints at possible gains if it remains above this level.





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