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Dogecoin Market Update: Navigating Through Volatility and Regulatory Waves 📈🔍

Recent Performance: Despite a 27% decrease over the last month, Dogecoin ($DOGE) has surged 18.6% in the past week.

Whale Movements: Significant whale activity, including a $60 million transfer to Robinhood, is impacting market dynamics.

Regulatory Impact: SEC's recent Wells notice to Robinhood could influence Dogecoin’s short-term trajectory.

Investor Insights: On-chain metrics reveal strong support at $0.120, amidst growing investor interest and market entries.

Market Outlook: With critical support and resistance levels at play, investors should monitor upcoming developments closely.

Stay updated with the latest trends and analyses in the crypto world. Read our blog and join the conversation. 👉http://bit.ly/3wqmhQL

From yesterday's closing price until the highest price in the past 50 days.

It is suitable to start buying the current dip

The average is more than 30.61%.

HUGH MATH INDEX PERCENTAGE

$BTC 13.15%

$ETH 16.30%

$BNB 11.98%

$SOL 8.72%

$ADA 23.04%

$DOGE 46.92%

$AVAX 15.10%

$LINK 26.35%

$DOT 22.90%

$MATIC 23.98%

$SHIB 80.62%

$UNI 41.72%

$ICP 38.71%

$ATOM 21.72%

$IMX 31.74%

$APT 17.97%

$FIL 39.28%

$NEAR 33.93%

$HBAR 26.31%

$OP 36.92%

$INJ 30.24%

$VET 35.98%

$LDO 48.80%

$CRO 39.59%

$TIA 53.86%

$RNDR 23.76%

$GRT 35.12%

$ARB 37.14%

$SEI 26.69%

$MKR 3.92%

$SUI 28.03%

$RUNE 40.27%

$EGLD 29.55%

$QNT 19.49%

$AAVE 29.57%

$GALA 45.20%

$SAND 32.13%

$AXS 30.26%

$CHZ 26.22%

$MANA 31.26%

⚫️ Hugh Math Index

The HMI is a broad-based Index for the cryptocurrency market designed to measure the overall growth of the cryptocurrency market by tracking the performance of a large of crypto assets picked to represent the broader cryptocurrency market.

Hi all! I've just re-adjusted the GRAZZP strategy based on some important learnings.

1. GRAZZP AI is killing it! Therefore i've added these coins, but with a lower share.
2. Retail is buying MEME coins and $DOGE is still one of my favorites for adoption in X by mr. Elon Musk. When this happens, it will blow all our minds.
3. There are 5 rollup coins that will profit big time from the next $ETH upgrade (Dencun upgrade) and 2 of them are available on the ICONOMI platform. They are now part of our strategey.

I will hold these for a longer term and only change them when there are bigger sentiment shifts.

Lets enjoy the new bullmarket guys!

And have a nice saturday!

This is your weekly update.

It seems like it is full bull market guys!

$BTC is incredibly strong and we just hit a yearly new high of $BTC at 67.000 dollars and we are only a few hundred dollars away from a new ALL TIME HIGH at 68.800 dollars. 

Big "regular" indexed got their ATH, why not also BTC. 

What is next, could money from BTC flow into ALTS and kickoff another ALT season?

I surely think so, but not before some kind of correction. 

Markets looks ready for that moment. 

How does the 1D chart look like today?

Ichimoku;

Cloud is green

Price is above the green cloud

Price is above the red line. The red line has crossed the blue line, which means price is back in its upwards trend.

Lagging span (green line) is above the green cloud.   

All of the above is very bullish  

RSI;

Price is still at the overbought zone (above 70), and on the 4H chart there is still strong bearish divergence. 

 FSVZO;

On the lowest indicator of the chart it shows an R, usually meaning reversal or correction is coming.  

What could be the Target?

A wise man once told me "Never short a bullish BTC". I personally believe BTC could easily tick the 70K price and then some more.

 BTC could also easily flush first and then simply go further up.

 In GRAZZP on the ICONOMI platform that is no problem at all, because we do not put any stop losses and stay long.  

What does this mean for GRAZZP™ Strategy?

I will put our money on the strongest ALTS and wait for money to flow from BTC to ALTS. We keep $DOGE, and added $SOL, $ARB, $GMX, $KSM and a bit of $SHIB.

 Lets see some money flowing into ALTS guys! 

Thanks all! And enjoy the week!   

This is your weekly update! 

ALTS were flying and now $BTC is making an incredible move. Can't really make something out of it to be honest.

I'm happy we are not standing on the sideline. Perhaps the old saying is right "Never short a bullish bitcoin". 

Could also just be the last "spurt" into the green box.

How does the 1D chart look like today?

Ichimoku;

Cloud is green

Price is above the green cloud

Price is above the red line. The red line has crossed the blue line, which means price is back in its upwards trend.

Lagging span (green line) is above the green cloud.  

All of the above is very bullish 

RSI;

Price is again the overbought zone (above 70), and on the 4H chart there is still strong bearish divergence. 

FSVZO;

On the lowest indicator of the chart it shows correction is over, and it starts a new uptrend!

It did however, not reach the bottom. One could ask how strong this new uptrend is.

What could be the Target?

I'm not so sure this time. Usually when everybody thinks we can do much more up, we correct. Because price wants to find max liquidity.

 But then again, never short a bullish bitcoin because I have seen it can go up and up and up without even correcting.

I'll just watch it closely and give you and update along the week when there is more clarity. 

What does this mean for GRAZZP™ Strategy?

We keep $DOGE, $ETH and added $ANKR and $DOT. If we go up, they have a strong change of going up in the following days.

Thanks all! And enjoy the week!