Dogecoin Breaking Past This Key Barrier Could Spell 10% Spike For DOGE<\/title>\n<meta name=\"description\" content=\"Dogecoin (DOGE) is one of the meme coins that is often underestimated, primarily because of its extremely high volatility and low utility value. DOGE has\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-could-spike-10\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin Breaking Past This Key Barrier Could Spell 10% Spike For DOGE\" \/>\n<meta property=\"og:description\" content=\"Dogecoin (DOGE) is one of the meme coins that is often underestimated, primarily because of its extremely high volatility and low utility value. 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{"id":514124,"date":"2022-12-29T08:06:17","date_gmt":"2022-12-29T13:06:17","guid":{"rendered":"https:\/\/ktsl888.com\/?p=514124"},"modified":"2023-03-08T07:26:18","modified_gmt":"2023-03-08T07:26:18","slug":"dogecoin-could-spike-10","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-could-spike-10\/","title":{"rendered":"Dogecoin Breaking Past This Key Barrier Could Spell 10% Spike For DOGE"},"content":{"rendered":"

Dogecoin (DOGE) is one of the meme coins that is often underestimated, primarily because of its extremely high volatility and low utility value.<\/span><\/p>\n

DOGE among most searched crypto<\/span><\/li>\n<\/ul>\n

DOGE<\/span><\/a> has sloughed roughly 8% off the coin\u2019s value in the last week, which plunged from $0.07751 to $0.06932. On the brighter side, bulls could trigger a price rally towards $0.07752.<\/span><\/p>\n

According to<\/span> data by Coingecko<\/span>, DOGE price<\/a> has nosedived by 0.5% in the last 24 hours, and trading at $0.0706 as of this writing.<\/span><\/p>\n

DOGE To Breach Below Key Support Level<\/b><\/h2>\n
DOGE is seen to breach below the key support line of $0.07109, which presents a buying opportunity with the discounted price.\u00a0<\/span><\/p>\n
The key support line has been retested several times from November to December. However, can key support hold it enough to roll out a price rally?<\/span><\/p>\n
If this price can attract more buyers, then this could precipitate a price rally. <\/span><\/p>\n
During the following few trading days, the bulls may also attempt to break past the current barrier located at $0.07749, before they could gain 10%.<\/span><\/p>\n
DOGE is seen to have intensified further in terms of developmental activity, which also influenced the price increase but has dwindled in terms of investor interest.<\/span><\/p>\n
Despite<\/span> DOGE being dubbed an underdog<\/span><\/a>, the coin has outpaced other crypto assets in the market. In terms of price movement, Dogecoin is among the best performing memecoins in the 2022 bear market.<\/span><\/p>\n
$\"\"$ Chart: TradingView.com<\/a><\/pre>\n
DOGE\u2019s Negative Sentiment Could Hinder Price Reversal<\/b><\/h2>\n
DOGE’s MFI showing an uptick confirms the possibility of a price reversal. More so, RSI has also faced rejection each time it reaches the 30-level.<\/span><\/p>\n
Rejection of the trend by the RSI at this level may indicate a price reversal if the trend is sustained.<\/p>\n
Once it does, the DOGE bulls intensify, which could ultimately bolster a price turnaround. <\/span>In the meantime, these levels can be treated as long-entry positions.<\/p>\n
Related Reading: NEAR Struggles As Bulls Aim To Flip $1.45 Resistance Into Support<\/a><\/div>\n
<\/p>\n
DOGE total market cap at $9.3 billion on the daily chart | Chart: TradingView.com<\/a><\/pre>\n
DOGE Price Prediction<\/strong><\/h3>\n
In contrast, a stop-loss order would be set at a price lower than $0.06930. In the event that this support is breached, it will suggest that bears now have leverage, and it will invalidate the prognosis presented above.<\/span><\/p>\n
Meanwhile, many are generally concerned about whether or not the price of Dogecoin will ever reach $1 because it is currently trading at a consistently\u00a0low level.<\/span><\/p>\n
The general opinion is that Dogecoin will almost certainly fare far better in the longer term in comparison to 2022.<\/p>\n
According to forecasts<\/a> regarding the value of Dogecoin, its price is expected to reach $0.30 by the end of the current year, $0.77 by 2025, and $1 by 2030.<\/p>\n
Meanwhile, Dogecoin is one of the cryptocurrencies that has been searched the most this year, based on this report.<\/a><\/p>\n
–<\/p>\n
Featured image: The Motley Fool<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Dogecoin (DOGE) is one of the meme coins that is often underestimated, primarily because of its extremely high volatility and low utility value. DOGE has trimmed off 8% of its value Dogecoin bulls aim to trigger price rally DOGE among most searched crypto DOGE has sloughed roughly 8% off the coin\u2019s value in the last week, which plunged from $0.07751 to $0.06932. On the brighter side, bulls could trigger a price rally towards $0.07752. According to data by Coingecko, DOGE price has nosedived by 0.5% in the last 24 hours, and trading at $0.0706 as of this writing. Related Reading: Why ALGO Has Been Stagnant In Last 10 Days And Still At The Mercy Of Bears DOGE To Breach Below Key Support Level DOGE is seen to breach below the key support line of $0.07109, which presents a buying opportunity with the discounted price.\u00a0 The key support line has been retested several times from November to December. However, can key support hold it enough to roll out a price rally? If this price can attract more buyers, then this could precipitate a price rally. During the following few trading days, the bulls may also attempt to break past the current barrier located at $0.07749, before they could gain 10%. DOGE is seen to have intensified further in terms of developmental activity, which also influenced the price increase but has dwindled in terms of investor interest. Despite DOGE being dubbed an underdog, the coin has outpaced other crypto assets in the market. In terms of price movement, Dogecoin is among the best performing memecoins in the 2022 bear market. Chart: TradingView.com DOGE\u2019s Negative Sentiment Could Hinder Price Reversal DOGE’s MFI showing an uptick confirms the possibility of a price reversal. More so, RSI has also faced rejection each time it reaches the 30-level. Rejection of the trend by the RSI at this level may indicate a price reversal if the trend is sustained. Once it does, the DOGE bulls intensify, which could ultimately bolster a price turnaround. In the meantime, these levels can be treated as long-entry positions. Related Reading: NEAR Struggles As Bulls Aim To Flip $1.45 Resistance Into Support DOGE total market cap at $9.3 billion on the daily chart | Chart: TradingView.com DOGE Price Prediction In contrast, a stop-loss order would be set at a price lower than $0.06930. In the event that this support is breached, it will suggest that bears now have leverage, and it will invalidate the prognosis presented above. Meanwhile, many are generally concerned about whether or not the price of Dogecoin will ever reach $1 because it is currently trading at a consistently\u00a0low level. The general opinion is that Dogecoin will almost certainly fare far better in the longer term in comparison to 2022. According to forecasts regarding the value of Dogecoin, its price is expected to reach $0.30 by the end of the current year, $0.77 by 2025, and $1 by 2030. Meanwhile, Dogecoin is one of the cryptocurrencies that has been searched the most this year, based on this report. – Featured image: The Motley Fool<\/p>\n","protected":false},"author":557,"featured_media":492754,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[1785,85675,7],"class_list":["post-514124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-doge-price","tag-dogecoin"],"acf":[],"yoast_head":"\nDogecoin Breaking Past This Key Barrier Could Spell 10% Spike For DOGE<\/title>\n<meta name=\"description\" content=\"Dogecoin (DOGE) is one of the meme coins that is often underestimated, primarily because of its extremely high volatility and low utility value. 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/ktsl888.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Breaking Past This Key Barrier Could Spell 10% Spike For DOGE","url":"http:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-could-spike-10\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-could-spike-10\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Dogecoin.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Dogecoin.png?fit=880%2C588"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["doge","doge price","dogecoin"],"dateCreated":"2022-12-29T13:06:17Z","datePublished":"2022-12-29T13:06:17Z","dateModified":"2023-03-08T07:26:18Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Breaking Past This Key Barrier Could Spell 10% Spike For DOGE\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/dogecoin\\\/dogecoin-could-spike-10\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/dogecoin\\\/dogecoin-could-spike-10\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/Dogecoin.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/Dogecoin.png?fit=880%2C588\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"doge\",\"doge price\",\"dogecoin\"],\"dateCreated\":\"2022-12-29T13:06:17Z\",\"datePublished\":\"2022-12-29T13:06:17Z\",\"dateModified\":\"2023-03-08T07:26:18Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/Dogecoin.png?fit=880%2C588","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/514124"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=514124"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/514124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/492754"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=514124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=514124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=514124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}