{"id":576877,"date":"2024-02-26T15:00:01","date_gmt":"2024-02-26T15:00:01","guid":{"rendered":"https:\/\/www.ktsl888.com\/?p=576877"},"modified":"2024-02-26T12:18:02","modified_gmt":"2024-02-26T12:18:02","slug":"dogecoin-price-echoes-past-bull-run-will-it-rise-above-1-soon","status":"publish","type":"post","link":"https:\/\/www.ktsl888.com\/news\/dogecoin\/dogecoin-price-echoes-past-bull-run-will-it-rise-above-1-soon\/","title":{"rendered":"Dogecoin Price Echoes Past Bull Run: Will It Rise Above $1 Soon?"},"content":{"rendered":"

The Dogecoin price has been trending sideways on low timeframes, but the cryptocurrency might be gearing up for a massive rally. The bull run across the nascent sector has been unkind to the king of the memecoins, but an analyst pointed at a potential change in direction towards a fresh all-time high. <\/strong><\/p>\n

Related Reading: XRP Price Soars: Analyst Predicts Surge Beyond $200<\/a><\/div>\n

As of this writing, DOGE has stalled at its current levels with a 2% loss over the past 24 hours. Over the previous seven days, the token has recorded similar performance, but it remains green on the 2-week and 30-day horizon.<\/p>\n

\"dogecoin
DOGE’s price trends to the upside on the daily chart. Source: DOGEUSDT on Tradingview<\/strong><\/a><\/figcaption><\/figure>\n

Dogecoin Price Aims For The Moon? 23,000% Rally Possible<\/h2>\n

According to analyst Ali Martinez, the Dogecoin price is moving<\/a> with previous bullish trends. Despite the low timeframe bearish momentum, the king of the memecoins could record a new massive rally above its current all-time high near the $0.80 level.<\/p>\n

As seen in the chart below, the Dogecoin price experiences a sideways trend, which can extend to 679 days before exploding into a new all-time high. On DOGE\u2019s weekly chart, the token records profits of 8,000% and 23,000% each time this happens.<\/p>\n

In late 2017, when the price of Bitcoin rose to $20,000, the Dogecoin price followed and broke the 679-day sideways trend with an 8,700% rally. In 2021, the memecoin experienced a similar breakout but with an even bigger rally.<\/p>\n

\"dogecoin
DOGE’s price on the brink of a new rally? Source: Ali Martinez<\/figcaption><\/figure>\n

As the chart shows, Dogecoin might see an even bigger rally above $1 and $3 if this potential rally materializes. This price action is supported by DOGE\u2019s capacity to move more aggressively to the upside every time it breaks the long sideways trend.<\/p>\n

The analyst stated:<\/p>\n

The price action of #Dogecoin appears to mirror patterns observed in its past bull markets. If history repeats itself, we could see $DOGE enter a parabolic breakout around April!<\/p><\/blockquote>\n

DOGE Price On The Short-Term<\/h2>\n

On low timeframes, the $0.10 level is critical resistance for the token to fulfill its bullish potential. NewsBTC reported<\/a> that the cryptocurrency hints at a potential breakout, but DOGE must recover the $0.0914 area before scoring further gains.<\/p>\n

Related Reading: Ethereum Price Tops $3,100: Mega Wedge Breakout Imminent<\/a><\/div>\n

This week, the crypto market might see opposition from macroeconomic developments, which could spark volatility. If the Dogecoin price can hold its ground, the possibility of a bull run will gain further momentum.<\/p>\n

Cover image from Dall-E, chart from Tradingview<\/p>\n","protected":false},"excerpt":{"rendered":"

The Dogecoin price has been trending sideways on low timeframes, but the cryptocurrency might be gearing up for a massive rally. The bull run across the nascent sector has been unkind to the king of the memecoins, but an analyst pointed at a potential change in direction towards a fresh all-time high. Related Reading: XRP Price Soars: Analyst Predicts Surge Beyond $200 As of this writing, DOGE has stalled at its current levels with a 2% loss over the past 24 hours. Over the previous seven days, the token has recorded similar performance, but it remains green on the 2-week and 30-day horizon. Dogecoin Price Aims For The Moon? 23,000% Rally Possible According to analyst Ali Martinez, the Dogecoin price is moving with previous bullish trends. Despite the low timeframe bearish momentum, the king of the memecoins could record a new massive rally above its current all-time high near the $0.80 level. As seen in the chart below, the Dogecoin price experiences a sideways trend, which can extend to 679 days before exploding into a new all-time high. On DOGE\u2019s weekly chart, the token records profits of 8,000% and 23,000% each time this happens. In late 2017, when the price of Bitcoin rose to $20,000, the Dogecoin price followed and broke the 679-day sideways trend with an 8,700% rally. In 2021, the memecoin experienced a similar breakout but with an even bigger rally. As the chart shows, Dogecoin might see an even bigger rally above $1 and $3 if this potential rally materializes. This price action is supported by DOGE\u2019s capacity to move more aggressively to the upside every time it breaks the long sideways trend. The analyst stated: The price action of #Dogecoin appears to mirror patterns observed in its past bull markets. If history repeats itself, we could see $DOGE enter a parabolic breakout around April! DOGE Price On The Short-Term On low timeframes, the $0.10 level is critical resistance for the token to fulfill its bullish potential. NewsBTC reported that the cryptocurrency hints at a potential breakout, but DOGE must recover the $0.0914 area before scoring further gains. Related Reading: Ethereum Price Tops $3,100: Mega Wedge Breakout Imminent This week, the crypto market might see opposition from macroeconomic developments, which could spark volatility. If the Dogecoin price can hold its ground, the possibility of a bull run will gain further momentum. Cover image from Dall-E, chart from Tradingview<\/p>\n","protected":false},"author":535,"featured_media":576880,"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":[1785,85675,87299,7,1804,1805,1806,79600],"class_list":["post-576877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-doge-price","tag-doge-price-analysis","tag-dogecoin","tag-dogecoin-price","tag-dogecoin-price-analysis","tag-dogecoin-price-chart","tag-dogeusdt"],"acf":[],"yoast_head":"\nDogecoin Price Echoes Past Bull Run: Will It Rise Above $1 Soon?<\/title>\n<meta name=\"description\" content=\"The Dogecoin price has been trending sideways on low timeframes, but the cryptocurrency might be gearing up for a massive rally.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. 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His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.","sameAs":["https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/","https:\/\/x.com\/rl_m"],"url":"https:\/\/www.ktsl888.com\/author\/reynaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Price Echoes Past Bull Run: Will It Rise Above $1 Soon?","url":"http:\/\/www.ktsl888.com\/news\/dogecoin\/dogecoin-price-echoes-past-bull-run-will-it-rise-above-1-soon\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.ktsl888.com\/news\/dogecoin\/dogecoin-price-echoes-past-bull-run-will-it-rise-above-1-soon\/"},"thumbnailUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/dogecoin-price-doge-dogeusdt-price-analysis.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/dogecoin-price-doge-dogeusdt-price-analysis.png?fit=1036%2C1044"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Reynaldo Marquez"}],"creator":["Reynaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["doge","doge price","doge price analysis","dogecoin","dogecoin price","dogecoin price analysis","dogecoin price chart","dogeusdt"],"dateCreated":"2024-02-26T15:00:01Z","datePublished":"2024-02-26T15:00:01Z","dateModified":"2024-02-26T15:00:01Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Price Echoes Past Bull Run: Will It Rise Above $1 Soon?\",\"url\":\"http:\\\/\\\/www.ktsl888.com\\\/news\\\/dogecoin\\\/dogecoin-price-echoes-past-bull-run-will-it-rise-above-1-soon\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.ktsl888.com\\\/news\\\/dogecoin\\\/dogecoin-price-echoes-past-bull-run-will-it-rise-above-1-soon\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/dogecoin-price-doge-dogeusdt-price-analysis.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/dogecoin-price-doge-dogeusdt-price-analysis.png?fit=1036%2C1044\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Reynaldo Marquez\"}],\"creator\":[\"Reynaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"doge\",\"doge price\",\"doge price analysis\",\"dogecoin\",\"dogecoin price\",\"dogecoin price analysis\",\"dogecoin price chart\",\"dogeusdt\"],\"dateCreated\":\"2024-02-26T15:00:01Z\",\"datePublished\":\"2024-02-26T15:00:01Z\",\"dateModified\":\"2024-02-26T15:00:01Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/dogecoin-price-doge-dogeusdt-price-analysis.png?fit=1036%2C1044","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/posts\/576877"}],"collection":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/users\/535"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/comments?post=576877"}],"version-history":[{"count":0,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/posts\/576877\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/media\/576880"}],"wp:attachment":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/media?parent=576877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/categories?post=576877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/tags?post=576877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}