Dogecoin Makes the Top Five List of Cryptos Held by Users of eToro

Updated:

Checkmark

Invest at least $250 in D2T to gain lifetime access to our VIP Signals

Checkmark

Get early access to Dash 2 Trade’s Presale. Buy the D2T token now

Checkmark

Existing community of 70,000+ traders

Checkmark

Unlocks access to the leading crypto trading analysis, signals and trading tools

Checkmark

As featured in CryptoNews.com, FXEmpire.com, FXStreet.com and more

Checkmark

World class development team backed by Quant developers and VC investors


Dogecoin makes the top five list of cryptos held by users of eToro. The social trading company with about 28.5 million registered users has published its 3rd quarterly report for the year 2022. Among the statistics studied and published were the top cryptos held by eToro users. Dogecoin ranked fifth for the third time in a row.  

A crypto market analyst for eToro, Simon Peters, made the point that many investors are holding the Dogecoin cryptocurrency for the long term, which means that they are not too concerned about the short-term market volatility.

Key Dogecoin Levels to Watch — October 5

Dogecoin has initiated a retracement back to a bearish order-block. The market was oversold in August as the price rose to $0.0910. This led to a sell-off in the market to the demand level at $0.0570.

Dogecoin Makes the Top Five List of Cryptos Held by Users of eToro
DOGEUSD- Daily Chart on Binance. Source: Tradingview

The daily candles have pierced above the descending trend-line. A fair value-gap, which validates the bearish order-block is resting at $0.7800.

The RSI (Relative Strength Index) indicates bullishness in the market. The Moving Averages (period nine and twenty-one) are now supporting the bullish correction on the daily chart. The price is expected to soar to $0.7800.

Dogecoin Key Levels 

Resistance Levels:$0.1500, $0.0910, $0.0780

Support Levels: $0.1100, $0.0570, $0.0490

Total Market Capitalization:$ $924.3B
Dogecoin Market Capitalization: $8.599B
Dogecoin Volume: $751M
Market Rank: #10

You can purchase Lucky Block here.  Buy LBLOCK

NoteLearn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.