2024

Bitcoin

Dogecoin

when

<div class="finbold">
 <p class="paragraph">Although the cryptocurrency sector has yet to react to the recent Bitcoin (BTC) halving event, praised as the catalyst for a bull run, including Dogecoin (DOGE), indications have appeared that the popular doge meme crypto asset could soon hit the coveted $1 mark.</p>
 <p class="paragraph">Specifically, Dogecoin is consolidating after breaking out from a descending triangle chart pattern, which professional crypto trader Ali Martinez recognized as the digital asset “showing its classic pattern once again,” according to his X post published late on April 21.</p>
 <h2 class="wp-block-heading" id="h-doge-price-prediction">DOGE price prediction</h2>
 <p class="paragraph">With this in mind, the renowned crypto market analyst has shared the view that this might kickstart a bullish price action for Dogecoin, and “we might just see DOGE rocket towards $1 in the coming weeks,” based on the asset’s previous trends and triangle chart pattern breakouts.</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Claude AI sets Bitcoin’s highest price post 2024 halving <span class="self-center text-xs text-slate-500">15 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Controversial stablecoin regulation aims to bolster U.S. Dollar dominance <span class="self-center text-xs text-slate-500">15 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Commodity investors eye Copper price amid supply shortage breakout <span class="self-center text-xs text-slate-500">15 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    'Bitcoin fees' keyword trends on Google and social aggregators <span class="self-center text-xs text-slate-500">15 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <figure class="wp-block-image"><img decoding="async" width="948" height="475" src="https://cdn.thebittimes.com/images/2024/04/22/6707e5eba98ca184809d2af140d71c55.webp" alt="DOGE price chart patterns analysis" class="wp-image-170711" srcset="https://cdn.thebittimes.com/images/2024/04/22/6707e5eba98ca184809d2af140d71c55.webp 948w, https://cdn.thebittimes.com/images/2024/04/22/6707e5eba98ca184809d2af140d71c55.webp 300w, https://cdn.thebittimes.com/images/2024/04/22/6707e5eba98ca184809d2af140d71c55.webp 768w" sizes="(max-width: 948px) 100vw, 948px">
  <figcaption class="wp-element-caption"><em>DOGE price chart patterns <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a>. Source: </em><em>Ali Martinez</em>
  </figcaption>
 </figure>
 <p class="paragraph">As it happens, the trends to which Martinez was referring to include those that took place in 2017 and 2021. In both of these times Dogecoin’s bullish rally culminated with a new all-time high (ATH) for the asset, so expecting it to finally hit $1 this time around is not out of the question.</p>
 <p class="paragraph">On April 20, Martinez also posted his <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> in which he recognized Dogecoin’s TD Sequential as flashing a buy signal on the digital currency’s daily chart, “indicating a potential upswing of one to four days for DOGE,” aided by the positive sentiment surrounding DOGE Day.</p>
 <figure class="wp-block-image"><img decoding="async" width="945" height="622" src="https://cdn.thebittimes.com/images/2024/04/22/b01ff3b16de8a8886e576bbd54f2b2bd.webp" alt="Dogecoin TD Sequential analysis" class="wp-image-170710" srcset="https://cdn.thebittimes.com/images/2024/04/22/b01ff3b16de8a8886e576bbd54f2b2bd.webp 945w, https://cdn.thebittimes.com/images/2024/04/22/b01ff3b16de8a8886e576bbd54f2b2bd.webp 300w, https://cdn.thebittimes.com/images/2024/04/22/b01ff3b16de8a8886e576bbd54f2b2bd.webp 768w" sizes="(max-width: 945px) 100vw, 945px">
  <figcaption class="wp-element-caption"><em>Dogecoin TD Sequential analysis. Source: </em><em>Ali Martinez</em>
  </figcaption>
 </figure>
 <p class="paragraph">On top of that, another bullish sign for the doge meme asset is the fact that it has surpassed the crucial support zone between $0.146 and $0.151, which pseudonymous crypto analyst <em>BitLuxe</em> identified as an important marker for Dogecoin’s continuation, as Finbold reported on April 16.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">$DOGE Trading near crucial support at $0.146-$0.151. <br><br>Consider a long position with tight stop loss, but watch for bearish signs below this zone. <br><br>The next support is $0.122-$0.13, resistance at $0.168-$0.173. #DOGE #cryptocrash #NFA pic.twitter.com/uefH0EEsQp</p>— BitLuxe (@Bit_Luxe) April 16, 2024
   </blockquote>
  </div>
 </figure>
 <h2 class="wp-block-heading" id="h-doge-price-analysis">DOGE price analysis</h2>
 <p class="paragraph">Meanwhile, DOGE was at press time changing hands at the price of $0.16099, recording a decline of 1.31% in the last 24 hours, as it dropped 2.81% across the previous seven days and witnessed the loss of 1.11% over the past month, as per the most recent data on April 22.</p>
 <figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="496" src="https://cdn.thebittimes.com/images/2024/04/22/ea03cef8ffb52fa2465a23135ca43931.webp" alt="DOGE price 30-day chart" class="wp-image-170712" srcset="https://cdn.thebittimes.com/images/2024/04/22/ea03cef8ffb52fa2465a23135ca43931.webp 750w, https://cdn.thebittimes.com/images/2024/04/22/ea03cef8ffb52fa2465a23135ca43931.webp 300w" sizes="(max-width: 750px) 100vw, 750px">
  <figcaption class="wp-element-caption"><em>DOGE price 30-day chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure>
 <p class="paragraph">All things considered, Dogecoin looks to be in a good place concerning its future price, provided it keeps up with the positive trends and history truly repeats itself. However, things in this sector can sometimes suddenly change, so doing one’s own research is important before investing.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/here-s-when-doge-could-hit-1-tbt85982.html">https://thebittimes.com/here-s-when-doge-could-hit-1-tbt85982.html</a></p>

Here’s when DOGE could hit $1

Table of Contents

TheBitTimes

Другие статьи, опубликованные 22 апр. 2024 г.

Memes are creating a ‘Cambrian explosion’ of crypto onboarding: Base creator

Post-halving, Bitcoin hits this record – but how long will it last?

Apple Acquires Datakaleb: Explaining AI Capabilities for iPhones

What are MSTs and why is everyone talking about it?

Progress in Mt. Gox’s Creditor Repayment Initiatives

Bitcoin Price Prediction: BTC Fees Plunge Despite Runes Debut As This Bitcoin ICO Offers Last Cha...

Join our free newsletter for daily crypto updates!