2024

Dogecoin

Zero

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In a recent analysis, prominent crypto analyst Ali Martinez suggested a potential bullish trend for&nbsp;<a href="https://u.today/dogecoin-doge-whales-shift-ground-as-price-hits-crucial-pivot">Dogecoin (DOGE)</a>, supported by the TD Sequential indicator. According to Martinez, the indicator has flashed a buy signal on the DOGE three-day chart, signaling potential upward movement.
The TD Sequential, a tool designed by Tom Demark, identifies the precise time of trend exhaustion and price reversal. In this case, a significant signal occurs when the indicator plots the number "9" on top of a candle, indicating nine consecutive candles closing higher than those four periods earlier. Martinez's analysis, illustrated in a&nbsp;<a href="https://u.today/dogecoin-doge-whales-shift-ground-as-price-hits-crucial-pivot">DOGE price</a> chart, highlights this crucial point, suggesting positive momentum for the meme-inspired cryptocurrency.
<blockquote>
 The TD Sequential recently presented a buy signal on the <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> 3-day chart. As long as the $0.074 support cluster continues to hold, <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> has a great chance of rebounding to $0.100 or higher! <a href="https://t.co/J9fm65nHkf">pic.twitter.com/J9fm65nHkf</a>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1746642342684311937?ref_src=twsrc%5Etfw">January 14, 2024</a>
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However, the importance of not relying solely on the TD Sequential and combining it with other analyses, such as candlestick patterns, price trends or established indicators, should be highlighted.
<h2 dir="ltr" id="dogecoin-price-outlook">Dogecoin price outlook</h2>
The last time DOGE traded above $0.1 was at the end of the first 10 days of December. The cryptocurrency experienced a notable rise starting in mid-October, surging from $0.057 to temporarily erase the zero in its price figure. However, a subsequent correction brought&nbsp;<a href="https://u.today/dogecoin-hundreds-of-millions-of-doge-moved-from-robinhood-as-price-drops">Dogecoin</a> down to $0.081.
The lingering question now is whether Martinez's prediction, based on the TD Sequential indicator, will materialize. The market awaits to see if&nbsp;<a href="https://u.today/dogecoin-doge-shines-as-elon-musks-x-prepares-to-launch-p2p-payments">DOGE</a> can maintain its support at the $0.074 cluster, as Martinez suggests, and potentially rebound to $0.1 or higher.

Dogecoin (DOGE) Price on Way to Erase Zero

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