{"id":653084,"date":"2024-11-14T15:00:00","date_gmt":"2024-11-14T15:00:00","guid":{"rendered":"https:\/\/ktsl888.com\/?p=653084"},"modified":"2024-11-14T10:52:21","modified_gmt":"2024-11-14T10:52:21","slug":"dogecoin-price-175-surge-btc","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-price-175-surge-btc\/","title":{"rendered":"Dogecoin Price Could See Swift 175% Surge As DOGE\/BTC Pair Records Major Breakout"},"content":{"rendered":"

The Dogecoin price recently surged 20% after President-elect Donald Trump <\/span>announced the formation<\/span><\/a> of a new Department of Government Efficiency (DOGE) to be led by Elon Musk and Vivek Ramaswamy. Interestingly, Dogecoin is up by about 250% in the past 30 days, far outpacing that of Bitcoin’s 40% increase in the same timeframe.\u00a0<\/span><\/p>\n

This <\/span>Dogecoin price overperformance<\/span><\/a> against the Bitcoin price has seen the DOGE\/BTC pair breaking above a descending trendline. Notably, crypto analyst KALEO forecasts substantial gains for Dogecoin against Bitcoin, noting a significant breakout in the DOGE\/BTC pair.<\/span><\/p>\n

Analyst Says A 175% Dogecoin Price Surge May Be On The Horizon<\/h2>\n

Crypto analyst KALEO highlighted a promising <\/span>outlook for the Dogecoin price <\/span><\/a>with his recent <\/span>analysis <\/span><\/a>of the DOGE\/BTC trading pair. According to the price chart shared by the analyst, the Dogecoin\/Bitcoin pair has been trending downwards since the first half of 2021. This downward path has been full of lower highs and lower lows, leading to the creation of a channel downtrend on a higher timeframe (HTF). However, the recent performance saw the pair break out of the upper trendline.<\/span><\/p>\n

Related Reading: Shiba Inu Burn Rate Crashes 82% Despite Recovery, Can SHIB Price Still Make It To $0.00008 ATH?<\/a><\/div>\n

Interestingly, the last time this happened was in early 2021, just before the crazy 175% rally that sent the Dogecoin price surging to the current all-time high of $0.7316. He pointed out that the current Dogecoin price movement reflects similar momentum, suggesting another rapid 175% rise could be imminent.<\/span><\/p>\n

KALEO emphasized that recent market conditions, Dogecoin\u2019s resilience, and growing interest stemming from Donald Trump and Elon Musk\u2019s DOGE\u2019s department have contributed to a favorable setup for a potential rally.\u00a0<\/span><\/p>\n

\u201cWith the way the market has moved recently, and how much strength Dogecoin has shown after Trump was elected and Elon starting to push again, I wouldn\u2019t be surprised to see something similar here,\u201d he <\/span>commented<\/span><\/a>.<\/span><\/p>\n

\"Dogecoin
Source: X<\/figcaption><\/figure>\n

Dogecoin Accumulation Points To A Continued Price Surge<\/h2>\n

Aside from the technical analysis of the Dogecoin price breakout above Bitcoin, KALEO also points out an interesting accumulation trend in the last 48 hours after the breakout. As it stands, the DOGE\/BTC pair seems to be taking a breather and is now consolidating within a range.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Price Prediction: Analyst Sets $320,000 Target As Wave 5 Begins<\/a><\/div>\n

He noted that the current accumulation phase is taking place just above the higher timeframe resistance level, setting a strong foundation for Dogecoin\u2019s next bullish move. This accumulation trend has served as a launchpad in past rallies, and this could also repeat itself soon.<\/span><\/p>\n

The broader crypto market landscape also supports KALEO\u2019s bullish prediction for Dogecoin against Bitcoin. Not only is Dogecoin set to keep outperforming Dogecoin, the <\/span>projected Dogecoin rally<\/span><\/a> is going to be more pronounced considering the Bitcoin price is also <\/span>projected to keep climbing.<\/span><\/a><\/p>\n

At the time of writing, Dogecoin is trading at $0.401, while Bitcoin is trading at $90,800.<\/span><\/p>\n

\"Dogecoin
DOGE price at $0.4 | Source: DOGEUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

The Dogecoin price recently surged 20% after President-elect Donald Trump announced the formation of a new Department of Government Efficiency (DOGE) to be led by Elon Musk and Vivek Ramaswamy. Interestingly, Dogecoin is up by about 250% in the past 30 days, far outpacing that of Bitcoin’s 40% increase in the same timeframe.\u00a0 This Dogecoin price overperformance against the Bitcoin price has seen the DOGE\/BTC pair breaking above a descending trendline. Notably, crypto analyst KALEO forecasts substantial gains for Dogecoin against Bitcoin, noting a significant breakout in the DOGE\/BTC pair. Analyst Says A 175% Dogecoin Price Surge May Be On The Horizon Crypto analyst KALEO highlighted a promising outlook for the Dogecoin price with his recent analysis of the DOGE\/BTC trading pair. According to the price chart shared by the analyst, the Dogecoin\/Bitcoin pair has been trending downwards since the first half of 2021. This downward path has been full of lower highs and lower lows, leading to the creation of a channel downtrend on a higher timeframe (HTF). However, the recent performance saw the pair break out of the upper trendline. Related Reading: Shiba Inu Burn Rate Crashes 82% Despite Recovery, Can SHIB Price Still Make It To $0.00008 ATH? Interestingly, the last time this happened was in early 2021, just before the crazy 175% rally that sent the Dogecoin price surging to the current all-time high of $0.7316. He pointed out that the current Dogecoin price movement reflects similar momentum, suggesting another rapid 175% rise could be imminent. KALEO emphasized that recent market conditions, Dogecoin\u2019s resilience, and growing interest stemming from Donald Trump and Elon Musk\u2019s DOGE\u2019s department have contributed to a favorable setup for a potential rally.\u00a0 \u201cWith the way the market has moved recently, and how much strength Dogecoin has shown after Trump was elected and Elon starting to push again, I wouldn\u2019t be surprised to see something similar here,\u201d he commented. Dogecoin Accumulation Points To A Continued Price Surge Aside from the technical analysis of the Dogecoin price breakout above Bitcoin, KALEO also points out an interesting accumulation trend in the last 48 hours after the breakout. As it stands, the DOGE\/BTC pair seems to be taking a breather and is now consolidating within a range.\u00a0 Related Reading: Bitcoin Price Prediction: Analyst Sets $320,000 Target As Wave 5 Begins He noted that the current accumulation phase is taking place just above the higher timeframe resistance level, setting a strong foundation for Dogecoin\u2019s next bullish move. This accumulation trend has served as a launchpad in past rallies, and this could also repeat itself soon. The broader crypto market landscape also supports KALEO\u2019s bullish prediction for Dogecoin against Bitcoin. Not only is Dogecoin set to keep outperforming Dogecoin, the projected Dogecoin rally is going to be more pronounced considering the Bitcoin price is also projected to keep climbing. At the time of writing, Dogecoin is trading at $0.401, while Bitcoin is trading at $90,800. Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":646034,"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":[167,6664,26263,14690,1785,89174,85675,7,1803,1804,79599,79600],"class_list":["post-653084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\nDogecoin Price Could See Swift 175% Surge As DOGE\/BTC Pair Records Major Breakout<\/title>\n<meta name=\"description\" content=\"The Dogecoin price recently surged 20% after President-elect Donald Trump announced the formation of a 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/ktsl888.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Price Could See Swift 175% Surge As DOGE\/BTC Pair Records Major Breakout","url":"http:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-price-175-surge-btc\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-price-175-surge-btc\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/10\/Dogecoin.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/10\/Dogecoin.jpeg?fit=1792%2C1024"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","doge","doge news","doge price","dogecoin","dogecoin news","dogecoin price","dogeusd","dogeusdt"],"dateCreated":"2024-11-14T15:00:00Z","datePublished":"2024-11-14T15:00:00Z","dateModified":"2024-11-14T15:00:00Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Price Could See Swift 175% Surge As DOGE\\\/BTC Pair Records Major Breakout\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/dogecoin\\\/dogecoin-price-175-surge-btc\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/dogecoin\\\/dogecoin-price-175-surge-btc\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/Dogecoin.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/Dogecoin.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"doge\",\"doge news\",\"doge price\",\"dogecoin\",\"dogecoin news\",\"dogecoin price\",\"dogeusd\",\"dogeusdt\"],\"dateCreated\":\"2024-11-14T15:00:00Z\",\"datePublished\":\"2024-11-14T15:00:00Z\",\"dateModified\":\"2024-11-14T15:00:00Z\"}<\/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\/2024\/10\/Dogecoin.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/653084","targetHints":{"allow":["GET"]}}],"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\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=653084"}],"version-history":[{"count":1,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/653084\/revisions"}],"predecessor-version":[{"id":653113,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/653084\/revisions\/653113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/646034"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=653084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=653084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=653084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}