{"id":644203,"date":"2024-09-24T12:30:17","date_gmt":"2024-09-24T12:30:17","guid":{"rendered":"https:\/\/ktsl888.com\/?p=644203"},"modified":"2024-09-24T05:04:07","modified_gmt":"2024-09-24T05:04:07","slug":"dogecoin-parabolic-rally-5500-6","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-parabolic-rally-5500-6\/","title":{"rendered":"Dogecoin Parabolic Rally To Trigger 5,500% Surge To $6, Here\u2019s When"},"content":{"rendered":"<p class=\"p2\"><a href=\"https:\/\/bitcoinist.com\/dogecoins-rsi-shift-ignites-optimism\/\" rel=\"nofollow\">Expectations for the Dogecoin price remain high<\/a> as a crypto analyst has predicted a rally to a new all-time high for the meme coin. Not only does the analyst expect an eventual break above the coveted $1 level, they push further, expect Dogecon to put on a parabolic rally that could shock the crypto market. This could catapult the <a href=\"https:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-open-interest-muted\/\">DOGE cryptocurrency<\/a> forward, and put on a performance that could be reminiscent of its 2021 price surge.<\/p>\n<h2 class=\"p2\">Dogecoin Completes Accumulation Phase<\/h2>\n<p class=\"p2\">In an analysis posted on the TradingView website, pseudonymous crypto analyst TradingShot has given a bullish <a href=\"https:\/\/docs.google.com\/document\/d\/19QiIb60jCgw0tqAFZFbeHhS5bh0s59sHhTXBt8hNVeg\/edit\" rel=\"nofollow\">forecast<\/a> for the Dogecoin price. First, the analyst points back to a previous analysis first shared around a year ago. This analysis had predicted that the DOGE price would enter an accumulation phase before the surge.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-whale-15000-eth\/\">Diamond Hand Ethereum Whale Moves 15,000 ETH, Here\u2019s The Destination<\/a><\/div>\n<p class=\"p2\">Fast forward to the present, the crypto analyst explains that Dogecoin did, in fact, enter this accumulation phase and completed it as predicted. This brings the crypto analyst to the next phase of the forecast, which is the price surge from here.<\/p>\n<p class=\"p2\">As TradingShot explains, this accumulation phase was present in previous bullish cycle, making it an important fixture here.\u00a0<span style=\"font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif\">Furthermore, a bullish cross at the 1-Week 50 and 00-Moving Averages, as well as the 1-Week 100-Moving Average holding steady after coming to a Channel Down\/Bull Flag,\u00a0<\/span><a style=\"font-family: -apple-system, BlinkMacSystemFont, &#039;Segoe UI&#039;, Roboto, Oxygen-Sans, Ubuntu, Cantarell, &#039;Helvetica Neue&#039;, sans-serif\" href=\"https:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-golden-cross-3700\/\" target=\"_blank\" rel=\"noopener \">leads it into its Parabolic Rally phase<\/a><span style=\"font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif\">, which is where the fun begins.<\/span><\/p>\n<h2 class=\"p2\">Price Targets For DOGE\u2019s Parabolic Rally<\/h2>\n<p class=\"p2\">With the Dogecoin price now entering the parabolic rally phase of the forecast, the crypto analyst has presented the <a href=\"https:\/\/bitcoinist.com\/dogecoin-shiba-inu-price-rise\/\" rel=\"nofollow\">possible levels that the DOGE price<\/a> could reach. For the most conservative lives, the crypto analyst predicts that a rise to $2 is possible. TradingShot refers to this 1,760% rally from the current level as the \u201cproper target\u201d for this cycle.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/cardano\/8500-rally-cardano-to-reach-31\/\">Analyst Predicts 8,500% Rally For Cardano To Reach $31 As Indicators Turn Bullish<\/a><\/div>\n<p class=\"p2\"><span style=\"font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif\">However, just like with any parabolic rally, there is the possibility that the\u00a0<\/span><a style=\"font-family: -apple-system, BlinkMacSystemFont, &#039;Segoe UI&#039;, Roboto, Oxygen-Sans, Ubuntu, Cantarell, &#039;Helvetica Neue&#039;, sans-serif\" href=\"https:\/\/ktsl888.com\/news\/dogecoin\/crypto-analyst-predicts-dogecoin-will-surge-1000-past-ath-price-targets-revealed\/\" target=\"_blank\" rel=\"noopener \">price will continue to rise<\/a><span style=\"font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif\"> even after reaching its realistic target.<\/span>\u00a0In what the analyst calls an \u201coverextension case,\u201d they explain that the price could rise 5,500% to reach as high as $6. But there would have to be some new developments, such as \u201csome news\/ fundamentals introduce new uses\/ adoption for Doge and the market reacts with very aggressive capital inflows.\u201d<\/p>\n<p class=\"p2\">As for the timeline for when this forecast would be realize, it doesn\u2019t seem too far off as the analyst puts it sometime in 2025.Using the previous cycle tops for <a href=\"https:\/\/bitcoinist.com\/dogecoin-bullish-breakout-0-24\/\" rel=\"nofollow\">Dogecoin\u2019s parabolic rallies<\/a>, TradingShot puts the pico top sometime around August 4, 2025. This means there\u2019s only 11 months left until this whole prediction could come to fruition.<\/p>\n<figure style=\"width: 3286px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/Ez8yhglm\/\" alt=\"Dogecoin price chart from Tradingview.com\" width=\"3286\" height=\"1450\"><figcaption class=\"wp-caption-text\">DOGE price gearing up for rally | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">DOGEUST on Tradingview.com<\/a><\/figcaption><\/figure>\n<div class=\"disclaimer-shortcode\">Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Expectations for the Dogecoin price remain high as a crypto analyst has predicted a rally to a new all-time high for the meme coin. Not only does the analyst expect an eventual break above the coveted $1 level, they push further, expect Dogecon to put on a parabolic rally that could shock the crypto market. This could catapult the DOGE cryptocurrency forward, and put on a performance that could be reminiscent of its 2021 price surge. Dogecoin Completes Accumulation Phase In an analysis posted on the TradingView website, pseudonymous crypto analyst TradingShot has given a bullish forecast for the Dogecoin price. First, the analyst points back to a previous analysis first shared around a year ago. This analysis had predicted that the DOGE price would enter an accumulation phase before the surge. Related Reading: Diamond Hand Ethereum Whale Moves 15,000 ETH, Here\u2019s The Destination Fast forward to the present, the crypto analyst explains that Dogecoin did, in fact, enter this accumulation phase and completed it as predicted. This brings the crypto analyst to the next phase of the forecast, which is the price surge from here. As TradingShot explains, this accumulation phase was present in previous bullish cycle, making it an important fixture here.\u00a0Furthermore, a bullish cross at the 1-Week 50 and 00-Moving Averages, as well as the 1-Week 100-Moving Average holding steady after coming to a Channel Down\/Bull Flag,\u00a0leads it into its Parabolic Rally phase, which is where the fun begins. Price Targets For DOGE\u2019s Parabolic Rally With the Dogecoin price now entering the parabolic rally phase of the forecast, the crypto analyst has presented the possible levels that the DOGE price could reach. For the most conservative lives, the crypto analyst predicts that a rise to $2 is possible. TradingShot refers to this 1,760% rally from the current level as the \u201cproper target\u201d for this cycle. Related Reading: Analyst Predicts 8,500% Rally For Cardano To Reach $31 As Indicators Turn Bullish However, just like with any parabolic rally, there is the possibility that the\u00a0price will continue to rise even after reaching its realistic target.\u00a0In what the analyst calls an \u201coverextension case,\u201d they explain that the price could rise 5,500% to reach as high as $6. But there would have to be some new developments, such as \u201csome news\/ fundamentals introduce new uses\/ adoption for Doge and the market reacts with very aggressive capital inflows.\u201d As for the timeline for when this forecast would be realize, it doesn\u2019t seem too far off as the analyst puts it sometime in 2025.Using the previous cycle tops for Dogecoin\u2019s parabolic rallies, TradingShot puts the pico top sometime around August 4, 2025. This means there\u2019s only 11 months left until this whole prediction could come to fruition. Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":644204,"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-644203","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":"\n<title>Dogecoin Parabolic Rally To Trigger 5,500% Surge To $6, Here\u2019s When<\/title>\n<meta name=\"description\" content=\"Expectations for the Dogecoin price remain high as a crypto analyst has predicted a rally to a new all-time 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