- Dogecoin is now available in 1,800 different ATM locations in the U.S.
- Users will be able to purchase the digital asset using cash across the network of CoinFlip, which provides the ATMs.
- Dogecoin price is on the verge of a significant 27% breakout.
CoinFlip, one of the largest Bitcoin and cryptocurrency ATMs provider in the world has announced the support of Dogecoin across its 1,800 locations. Users can currently utilize the discount code 'DOGE' for 15% off on all transaction fees.
We're excited to announce that we are listing #dogecoin on CoinFlip ATMs!
— CoinFlip Bitcoin ATM (@CoinFlipATM) March 1, 2021
You can now buy $DOGE with cash at any of our 1,800 locations nationwide!
Find a CoinFlip ATM to buy $DOGE and use discount code "DOGE" for 15% off all transaction fees https://t.co/Bf4180qiAz pic.twitter.com/8A01jtY9je
Dogecoin price needs to climb above key level
It seems that the interest in Dogecoin remains high despite the recent sell-off. On the 4-hour chart, the digital asset has established a symmetrical triangle pattern. A breakout above $0.054 would quickly drive Dogecoin price towards $0.07.
DOGE/USD 4-hour chart
However, the In/Out of the Money Around Price (IOMAP) chart shows stiff resistance ahead above $0.05. There are several significant resistance areas between $0.05 and $0.055, which coincide with the key resistance level stated above.
DOGE IOMAP chart
If DOGE bulls can't push the digital asset above $0.055, Dogecoin price will get pushed down to $0.04 as there is weak support on the way down.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
Coinbase lists WIF perpetual futures contract as it unveils plans for Aevo, Ethena, and Etherfi
Dogwifhat perpetual futures began trading on Coinbase International Exchange and Coinbase Advanced on Thursday. However, the futures contract failed to trigger a rally for the popular meme coin.
Stripe looks to bring back crypto payments as stablecoin market cap hits all-time high
Stripe announced on Thursday that it would add support for USDC stablecoin, as the stablecoin market exploded in March, according to reports by Cryptocompare.
Ethereum cancels rally expectations as Consensys sues SEC over ETH security status
Ethereum (ETH) appears to have returned to its consolidating move on Thursday, canceling rally expectations. This comes after Consensys filed a lawsuit against the Securities & Exchange Commission (SEC) and insider sources informing Reuters of the unlikelihood of a spot ETH ETF approval in May.
FBI cautions against non-KYC Bitcoin and crypto money transmitting services as SEC goes after MetaMask
US Federal Bureau of Investigations (FBI) has issued a caution to Bitcoiners and cryptocurrency market enthusiasts, coming on the same day as when the US Securities and Exchange Commission (SEC) is on the receiving end of a lawsuit, with a new player adding to the list of parties calling for the regulator to restrain its hand.
Bitcoin: BTC post-halving rally could be partially priced in Premium
Bitcoin (BTC) price briefly slipped below the $60,000 level for the last three days, attracting buyers in this area as the fourth BTC halving is due in a few hours. Is the halving priced in for Bitcoin? Or will the pioneer crypto note more gains in the coming days?