{"id":601550,"date":"2024-04-05T21:00:56","date_gmt":"2024-04-05T21:00:56","guid":{"rendered":"https:\/\/ktsl888.com\/?p=601550"},"modified":"2024-04-05T10:58:47","modified_gmt":"2024-04-05T10:58:47","slug":"dogecoin-7-year-cycle-40","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-7-year-cycle-40\/","title":{"rendered":"Dogecoin Finds A Bottom: How The 7-Year Cycle Can Send Price To $40"},"content":{"rendered":"

Dogecoin has had a rather interesting week, first rallying to cross $0.2, before correcting back downward and eventually losing support at $0.8. Nevertheless, there is still a lot of steam left in the cryptocurrency<\/a> it seems, as crypto analysts have identified both a bottom and a 7-year cycle that could send its price as high as $40.<\/p>\n

Dogecoin To Bottom Around $0.16<\/h2>\n

In an analysis posted<\/a> on X (formerly Twitter), crypto analyst Trader Mayne posited that Dogecoin could find a bottom around $0.16. He explains that this is the level where bulls are mounting support, making it a critical point for the meme coin<\/a>.<\/p>\n

Related Reading: Crypto Analyst Says Bitcoin Hitting $100,000 In 2024 Is Inevitable, Here\u2019s Why<\/a><\/div>\n

Now, if the bulls are able to hold this support level, it would mean that the DOGE price<\/a> has eventually found its bottom. However, falling below this support level could be detrimental for the meme coin\u2019s price, as Trader Mayne revealed, leading to an even larger correction from here.<\/p>\n

On the flip side, if bulls are able to hold this support, then it could signal a continuation of the bullish trend<\/a>. The crypto analyst reports that the RR (Risk Ratio) for longs has skewed positive. So, in this case, holding above the $0.16 support and eventually reclaiming the previous local peak just below $0.24, then \u201cthe party continues,\u201d the analyst stated.<\/p>\n

DOGE Price Headed To $40?<\/h2>\n

Trader Mayne is not the only crypto analyst who has shown bullishness toward Dogecoin<\/a> in spite of the decline. Another analyst, identified as Tardigrade, also took to X to share a cycle trend in the DOGE price that they had uncovered.<\/p>\n

The crypto analyst titled the trend the \u201cCycle of 7 years\u201d which predicts a large move up to new all-time high levels for the meme coin. Tardigrade points to the performance of Dogecoin in the seven years leading up to the 2021 surge, a cycle that they believe is set to repeat again.<\/p>\n

\n

$Doge<\/a> is running in the “Cycle of 7 years”\ud83d\udd25
\nWe can see a similar price action in the first half of the current cycle, compared to that of last cycle.
\nWhen we were at $0.0007 in 2017, we never believed $Doge<\/a> would spike to $0.003, $0.009 & $0.35
\nT~O~D~A~Y~:
\nWe are at $0.22, we\u2026 pic.twitter.com\/G2tcCNhX2y<\/a><\/p>\n

\u2014 Trader Tardigrade (@TATrader_Alan) April 1, 2024<\/a><\/p><\/blockquote>\n

Related Reading: Injective Whales Go On $24.8 Million Buying Spree, Is This The Next Solana?<\/a><\/div>\n

Given that seven years is a wide range, it means that in 2024, the DOGE price is still just halfway to completing it. From here, it would take another four years for the 7-year cycle to be completed, at the end of which Dogecoin is expected to see a massive surge.<\/p>\n

The cycle ends in 2028 and by this time, the crypto analyst expects that the DOGE price<\/a> will move above $2, then $9, and all the way to $40. They support this with the fact that the DOGE price<\/a> moved from $0.0007 in 2017, and reached as high as $0.7 in 2021. Given this, the analyst advises crypto investors not to miss the Dogecoin move up.<\/p>\n

\"Dogecoin<\/p>\n

DOGE price at $0.17 | Source: DOGEUSDT on Tradingview.com<\/a><\/pre>\n
Featured image from Fast Company, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Dogecoin has had a rather interesting week, first rallying to cross $0.2, before correcting back downward and eventually losing support at $0.8. Nevertheless, there is still a lot of steam left in the cryptocurrency it seems, as crypto analysts have identified both a bottom and a 7-year cycle that could send its price as high as $40. Dogecoin To Bottom Around $0.16 In an analysis posted on X (formerly Twitter), crypto analyst Trader Mayne posited that Dogecoin could find a bottom around $0.16. He explains that this is the level where bulls are mounting support, making it a critical point for the meme coin. Related Reading: Crypto Analyst Says Bitcoin Hitting $100,000 In 2024 Is Inevitable, Here\u2019s Why Now, if the bulls are able to hold this support level, it would mean that the DOGE price has eventually found its bottom. However, falling below this support level could be detrimental for the meme coin\u2019s price, as Trader Mayne revealed, leading to an even larger correction from here. On the flip side, if bulls are able to hold this support, then it could signal a continuation of the bullish trend. The crypto analyst reports that the RR (Risk Ratio) for longs has skewed positive. So, in this case, holding above the $0.16 support and eventually reclaiming the previous local peak just below $0.24, then \u201cthe party continues,\u201d the analyst stated. DOGE Price Headed To $40? Trader Mayne is not the only crypto analyst who has shown bullishness toward Dogecoin in spite of the decline. Another analyst, identified as Tardigrade, also took to X to share a cycle trend in the DOGE price that they had uncovered. The crypto analyst titled the trend the \u201cCycle of 7 years\u201d which predicts a large move up to new all-time high levels for the meme coin. Tardigrade points to the performance of Dogecoin in the seven years leading up to the 2021 surge, a cycle that they believe is set to repeat again. $Doge is running in the “Cycle of 7 years”\ud83d\udd25 We can see a similar price action in the first half of the current cycle, compared to that of last cycle. When we were at $0.0007 in 2017, we never believed $Doge would spike to $0.003, $0.009 & $0.35 T~O~D~A~Y~: We are at $0.22, we\u2026 pic.twitter.com\/G2tcCNhX2y \u2014 Trader Tardigrade (@TATrader_Alan) April 1, 2024 Related Reading: Injective Whales Go On $24.8 Million Buying Spree, Is This The Next Solana? Given that seven years is a wide range, it means that in 2024, the DOGE price is still just halfway to completing it. From here, it would take another four years for the 7-year cycle to be completed, at the end of which Dogecoin is expected to see a massive surge. The cycle ends in 2028 and by this time, the crypto analyst expects that the DOGE price will move above $2, then $9, and all the way to $40. They support this with the fact that the DOGE price moved from $0.0007 in 2017, and reached as high as $0.7 in 2021. Given this, the analyst advises crypto investors not to miss the Dogecoin move up. DOGE price at $0.17 | Source: DOGEUSDT on Tradingview.com Featured image from Fast Company, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":601571,"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-601550","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 Finds A Bottom: How The 7-Year Cycle Can Send Price To $40<\/title>\n<meta name=\"description\" content=\"Dogecoin has had a rather interesting week, first rallying to 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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 Finds A Bottom: How The 7-Year Cycle Can Send Price To $40","url":"http:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-7-year-cycle-40\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-7-year-cycle-40\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/Dogecoin.jpeg?resize=200%2C168","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/Dogecoin.jpeg?fit=300%2C168"},"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":"2024-04-05T21:00:56Z","datePublished":"2024-04-05T21:00:56Z","dateModified":"2024-04-05T21:00:56Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Finds A Bottom: How The 7-Year Cycle Can Send Price To $40\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/dogecoin\\\/dogecoin-7-year-cycle-40\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/dogecoin\\\/dogecoin-7-year-cycle-40\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/Dogecoin.jpeg?resize=200%2C168\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/Dogecoin.jpeg?fit=300%2C168\"},\"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\":\"2024-04-05T21:00:56Z\",\"datePublished\":\"2024-04-05T21:00:56Z\",\"dateModified\":\"2024-04-05T21:00:56Z\"}<\/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\/04\/Dogecoin.jpeg?fit=300%2C168","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/601550"}],"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=601550"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/601550\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/601571"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=601550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=601550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=601550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}