Dogecoin Is Bullish Long-Term, but Short-Term Screams Caution. Can Meme Index Presale 100x?

Dogecoin ($ doge) is not just a meme coin with dog theme. It is the OG, the first meme mint ever, and today the one with the highest market capitalization ($ 24.2b). Of course Meme -coin lovers keep an eye on $ doge for instructions in the direction of the larger meme coin market.

In this article we will unpack $ Doge’s current prospects, explain the reasons to be cheerful and careful with the future and to discuss how a concept and the MEME Index presale Could offer the best strategy in the current market scenario.

Reasons to be bullish at $ doge

On the monthly and weekly graphs, Dogecoin receives support on the crucial 0.618 Fibonacci level. This is a huge purchase signal, because it suggests that token has had the perfect amount of correction and is now ready to continue its long -term bullish trend.

Also on the weekly period, the 20 Ema (Exponentially advancing average) is still above 50 EMA. This confirms a long -term bullish direction.

Another reason to feel good about $ doge is that it is currently trading a symmetrical triangular pattern at the bottom (at the period of 2 hours).

The token is also in a crucial support/resistance zone – indicated by the blue box in the image below. As you can see, this zone has seen countless reversations in the past.

If $ doe follows a long-term bullish trend, we would see that it would regain its recent high point of $ 0.48.

$ Doge’s short -term trend signals caution

Although the larger image of Dogecoin is Bullish, the short -term trend has been Bearish for some time. Indeed, the $ doe price has fallen since the first week of December.

All important trend indicators, such as the 200, 50 and 20 EMAs, are also sucking down on important schedules in the short term such as the daily, 12 -hour and 4 hours.

But when the Meme Coin market drops, the presale prevails. Because they do not yet have to be mentioned publicly, Crypto -Voorlopers can offer a refuge of current volatility.

Indeed, if you want to invest in $ doge, and a basket with other top memin coins, you can’t go wrong with an instrument like MEME Index ($ memex).

What is MEME Index ($ memex)?

$ Memex is a revolutionary crypto project that will help you lose less when the market is not favorable and generates a big ROI when the market finally becomes bullish.

That’s because it’s the very first provider of Meme Coin Indexes. We all encountered the Golden Stock Market Investment Strategy to place our money in indexes such as the S&P 500.

Good, $ Memex Brings the same concept (that of risk-avoiding investing) to the Meme Coin room.

MEME Index has four indexes, each bearing a different amount of volatility and risk.

The beauty of $ memex therefore lies in the fact that you can choose one of the four indexes, depending on your risky appetite and desired profit.

• MEME TITAN INDEX: This is a collection of the top eight meme coins, each with a market capitalization of more than $ 1 billion. You will find established cryptos such as $ doge, $ shib and $ Pepe, making this index ideal if you prefer to bet on proven coins.
• MEME MOONSHOT INDEX: Also known as the Rising Stars index, this contains eight emerging meme coins that are about to hit 1B in market capitalization and therefore enter the Meme Titan index. It offers a balanced risk-to-balance option.
• MEME MIDCAP Index: The name probably gives it away. This index contains meme coins with market capitalization between $ 50 million and $ 250 million. It is ideal for more aggressive investors who are willing to take the extra risk to chase the possibility of considerable profit.
• MEME FRENZY INDEX: A range of very volatile tokens that can either rock to the moon or flat, Meme Frenzy is tailor-made for swords, ie meme coin investors who like to live on the wild side.

Why is MEME Index the next crypto to explode?

By enabling investors to diversify their total investment over multiple meme coins with high potential moments, $ Memex Reduces their total risk exposure.

To really understand the future potential of $ memex, you must remember that meme coins are a fast -growing niche. Thanks to the success stories of $ Doge and $ Pepe – and more recently, $ Trump and $ Broccoli, investors from all over the world finally realize the potential of the best meme coins.

Meme index Perhaps offers the best investment road for new meme coin investors, which is why $ memex is at the top of our list of the following cryptos to explode.

Meme Index removes the legwork from finding meme coins that can be 10 times or 100x, especially in a market with thousands of tokens.

Moreover, the indexes of $ MEMEX are community driven. Holders will get a voice about which tokens each index includes. The four indexes will also be dynamic, which means that they are regularly updated, so that they only contain the cream of the crop.

Such real-time portfolio management is an innovation in the meme coin market and can simply be the lead you need.

How do you benefit from $ memex?

If you have the idea to buy an index, the $ memex approach for Meme Coin Investing could be for you.

You can get one $ memex for just $ 0.0166883, but you have to move it, because the $ memex pre -sale now ends every moment.

Simply put, this is your last chance to buy $ memex for such a low price. As soon as it goes live, there is a good chance that it will pump to record highlights – and you will no longer get it for such a discount price.

Look for more technical information about the project Whitepaper from Meme Index. Follow their X Feed And Telegram Channel for regular updates.

Although all signs indicate that $ memex can participate in the best coins with low cap after mention, it is important to remember that nothing is guaranteed, especially when it comes to meme coins.

That is why we recommend that you only invest an amount with which you can sleep well at night.

Last but not least, it is crucial that you do your own research before you invest. After all, this guide is only a range of our opinions and insights – it is not financial advice.