{"id":624455,"date":"2024-06-14T00:05:50","date_gmt":"2024-06-14T00:05:50","guid":{"rendered":"https:\/\/ktsl888.com\/?p=624455"},"modified":"2024-06-13T13:24:10","modified_gmt":"2024-06-13T13:24:10","slug":"dogecoin-metric-turned-bullish","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-metric-turned-bullish\/","title":{"rendered":"DOGE To The Moon: This Dogecoin Metric Just Turned Bullish For The First Time Since 2020"},"content":{"rendered":"

Dogecoin (DOGE)<\/span><\/a> is again in the spotlight as the foremost meme coin could be ready for takeoff. This follows <\/span>crypto analyst Kevin\u2019s<\/span><\/a> (formerly Yomi OG) analysis of Dogecoin, in which he highlighted an important indicator that has turned bullish for the crypto token.\u00a0<\/span><\/p>\n

Dogecoin Indicator Turns Green For The First Since 2020<\/b><\/h2>\n

Kevin mentioned in an X (formerly Twitter) <\/span>post<\/span><\/a> that the 12-day time frame on the Gaussian channel just recently flipped green on <\/span>Dogecoin\u2019s chart<\/span><\/a> for the first time since December 2020. He claimed that this indicates a \u201cpotential strong bullish trend\u201d is on the cards for the meme coin in the coming months.<\/span><\/p>\n

Related Reading: Historical Trends Suggest Shiba Inu Price Will Rally 1,000% To $0.00024, Analyst Reveals When<\/a><\/div>\n

Kevin added that this indicator has never failed in indicating these trend changes, suggesting that Dogecoin has indeed undergone a <\/span>bullish reversal<\/span><\/a>.\u00a0<\/span><\/p>\n

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

In another <\/span>X post<\/span><\/a>, Kevin claimed that Dogecoin has looked much stronger than most altcoins throughout this period, during which the crypto market has continued to bleed and trade sideways. He added that Dogecoin will likely move into the golden pocket at the <\/span>$0.26 to $0.33 range<\/span><\/a> if it can stay above the Macro 0.382 FIB and the blue support zone on the weekly time frame.\u00a0<\/span><\/p>\n

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

Kevin also provided another bullish narrative for Dogecoin in another <\/span>X post<\/span><\/a>. Looking at the four-hour time frame chart, he highlighted a deviation back into the larger <\/span>symmetrical triangle<\/span><\/a>, which he claimed is a \u201cbullish sign.\u201d He stated that Dogecoin getting back above key moving averages will be important. He also added that he expects the foremost meme coin to test the <\/span>$0.175 price level<\/span><\/a> at some point, as there is a lot of liquidity in that price range.<\/span><\/p>\n

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

The crypto analyst also <\/span>hammered<\/span><\/a> on liquidity at that price area. He claimed there is a \u201cvery big block of liquidity\u201d at the $0.175 level, looking at the 3-month time frame. Additionally, he said that most of the liquidity beyond that level is between the $0.20 to $0.23 range. This is bullish for Dogecoin, as Kevin noted that market makers like to move where the liquidity is, and it is definitely higher for Dogecoin at the moment.\u00a0<\/span><\/p>\n

DOGE’s Next Move<\/h2>\n

Crypto analyst CrediBULL Crypto<\/span><\/a> recently <\/span>mentioned<\/span><\/a> that Dogecoin has reached a \u2018make it or break it’ level. He, however, seemed confident that Dogecoin could experience an upward trend from its current price level, noting that the meme coin had reached this \u2018make it or break it\u2019 level when <\/span>Bitcoin hit its range lows<\/span><\/a>. As such, he expects Dogecoin to enjoy a price rebound if the flagship crypto experiences a bullish reversal.\u00a0<\/span><\/p>\n

Related Reading: Famous Analyst Dave The Wave Says Bitcoin Still Has Wiggle Room, Sets $300,000 Target<\/a><\/div>\n

Meanwhile, crypto analyst Crypto Daily has made a short-term bullish forecast for DOGE<\/span>. He <\/span>predicted<\/span><\/a> that Dogecoin would rise to between $0.33 and $0.35 soon. The analyst added that a daily close above $0.18308 could lead to further gains up to $0.57 for Dogecoin.\u00a0<\/span><\/p>\n

\"Dogecoin
DOGE price below $0.15 | Source: DOGEUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Dogecoin (DOGE) is again in the spotlight as the foremost meme coin could be ready for takeoff. This follows crypto analyst Kevin\u2019s (formerly Yomi OG) analysis of Dogecoin, in which he highlighted an important indicator that has turned bullish for the crypto token.\u00a0 Dogecoin Indicator Turns Green For The First Since 2020 Kevin mentioned in an X (formerly Twitter) post that the 12-day time frame on the Gaussian channel just recently flipped green on Dogecoin\u2019s chart for the first time since December 2020. He claimed that this indicates a \u201cpotential strong bullish trend\u201d is on the cards for the meme coin in the coming months. Related Reading: Historical Trends Suggest Shiba Inu Price Will Rally 1,000% To $0.00024, Analyst Reveals When Kevin added that this indicator has never failed in indicating these trend changes, suggesting that Dogecoin has indeed undergone a bullish reversal.\u00a0 In another X post, Kevin claimed that Dogecoin has looked much stronger than most altcoins throughout this period, during which the crypto market has continued to bleed and trade sideways. He added that Dogecoin will likely move into the golden pocket at the $0.26 to $0.33 range if it can stay above the Macro 0.382 FIB and the blue support zone on the weekly time frame.\u00a0 Kevin also provided another bullish narrative for Dogecoin in another X post. Looking at the four-hour time frame chart, he highlighted a deviation back into the larger symmetrical triangle, which he claimed is a \u201cbullish sign.\u201d He stated that Dogecoin getting back above key moving averages will be important. He also added that he expects the foremost meme coin to test the $0.175 price level at some point, as there is a lot of liquidity in that price range. The crypto analyst also hammered on liquidity at that price area. He claimed there is a \u201cvery big block of liquidity\u201d at the $0.175 level, looking at the 3-month time frame. Additionally, he said that most of the liquidity beyond that level is between the $0.20 to $0.23 range. This is bullish for Dogecoin, as Kevin noted that market makers like to move where the liquidity is, and it is definitely higher for Dogecoin at the moment.\u00a0 DOGE’s Next Move Crypto analyst CrediBULL Crypto recently mentioned that Dogecoin has reached a \u2018make it or break it’ level. He, however, seemed confident that Dogecoin could experience an upward trend from its current price level, noting that the meme coin had reached this \u2018make it or break it\u2019 level when Bitcoin hit its range lows. As such, he expects Dogecoin to enjoy a price rebound if the flagship crypto experiences a bullish reversal.\u00a0 Related Reading: Famous Analyst Dave The Wave Says Bitcoin Still Has Wiggle Room, Sets $300,000 Target Meanwhile, crypto analyst Crypto Daily has made a short-term bullish forecast for DOGE. He predicted that Dogecoin would rise to between $0.33 and $0.35 soon. The analyst added that a daily close above $0.18308 could lead to further gains up to $0.57 for Dogecoin.\u00a0  <\/p>\n","protected":false},"author":594,"featured_media":624472,"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-624455","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":"\nDOGE To The Moon: This Dogecoin Metric Just Turned Bullish For The First Time Since 2020<\/title>\n<meta name=\"description\" content=\"Dogecoin (DOGE) is again in the spotlight as 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Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. 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":"DOGE To The Moon: This Dogecoin Metric Just Turned Bullish For The First Time Since 2020","url":"http:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-metric-turned-bullish\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-metric-turned-bullish\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Dogecoin-price.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Dogecoin-price.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":"2024-06-14T00:05:50Z","datePublished":"2024-06-14T00:05:50Z","dateModified":"2024-06-14T00:05:50Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"DOGE To The Moon: This Dogecoin Metric Just Turned Bullish For The First Time Since 2020\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/dogecoin\\\/dogecoin-metric-turned-bullish\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/dogecoin\\\/dogecoin-metric-turned-bullish\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/Dogecoin-price.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/Dogecoin-price.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\":\"2024-06-14T00:05:50Z\",\"datePublished\":\"2024-06-14T00:05:50Z\",\"dateModified\":\"2024-06-14T00:05:50Z\"}<\/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\/06\/Dogecoin-price.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/624455"}],"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=624455"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/624455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/624472"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=624455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=624455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=624455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}