Greed

Cryptocurrency

Dogecoin

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 <p class="paragraph">With the previous week bringing gains for the cryptocurrency market, some digital assets displayed promising signals that might indicate their future movement. Dogecoin (DOGE) is one of those.</p>
 <p class="paragraph">The TD Sequential has recently generated a buy signal on the 3-day chart for Dogecoin. The probability of a resurgence to $0.100 or beyond appears favorable, contingent upon the sustained stability of the $0.074 support cluster, per a post on X by crypto analyst Ali Martinez on January 14.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="679" src="https://cdn.thebittimes.com/images/2024/01/15/54306b65ae7feae3998b29a3acf42d20.webp" alt="TD sequential for Dogecoin on a 3-day price chart. Source: Ali Martinez
" class="wp-image-149075" srcset="https://cdn.thebittimes.com/images/2024/01/15/54306b65ae7feae3998b29a3acf42d20.webp 1024w, https://cdn.thebittimes.com/images/2024/01/15/54306b65ae7feae3998b29a3acf42d20.webp 300w, https://cdn.thebittimes.com/images/2024/01/15/54306b65ae7feae3998b29a3acf42d20.webp 768w, https://cdn.thebittimes.com/images/2024/01/15/54306b65ae7feae3998b29a3acf42d20.webp 1536w, https://cdn.thebittimes.com/images/2024/01/15/54306b65ae7feae3998b29a3acf42d20.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   TD sequential for Dogecoin on a 3-day price chart. Source: Ali Martinez
  </figcaption>
 </figure>
 <p class="paragraph">The TD sequential is a robust tool crafted to pinpoint the precise moment of trend fatigue and subsequent <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> reversal. As a counter-trend instrument, it addresses the limitations observed in various technical <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> indicators that prove profitable in trending markets but exhibit suboptimal performance in sideways or ranging markets.</p>
 <h2 class="wp-block-heading" id="h-another-technical-indicator-is-not-so-optimistic">Another technical indicator is not so optimistic</h2>
 <p class="paragraph">Many technical indicators should be employed to determine whether a potential surge for DOGE is viable and to be expected soon.</p>
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 <p class="paragraph">A relative strength index (RSI) is designed to chart the market’s present and past strengths or weaknesses, relying on the closing <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>s observed over a recent trading period.</p>
 <p class="paragraph">Despite the rebound of the Dogecoin <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>, there are no optimistic indications in the daily relative strength index (RSI). A reading exceeding 50 and an upward trajectory signify a prevailing advantage for bulls, while readings below 50 are bearish. The daily RSI stands at 47 as of the press time.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="564" src="https://cdn.thebittimes.com/images/2024/01/15/d4f68df86ca15a32dd90fbcd328e0953.webp" alt="Dogecoin price RSI. Source: TradingView" class="wp-image-149076" srcset="https://cdn.thebittimes.com/images/2024/01/15/d4f68df86ca15a32dd90fbcd328e0953.webp 1024w, https://cdn.thebittimes.com/images/2024/01/15/d4f68df86ca15a32dd90fbcd328e0953.webp 300w, https://cdn.thebittimes.com/images/2024/01/15/d4f68df86ca15a32dd90fbcd328e0953.webp 768w, https://cdn.thebittimes.com/images/2024/01/15/d4f68df86ca15a32dd90fbcd328e0953.webp 1128w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Dogecoin price RSI. Source: TradingView
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 </figure>
 <h1 class="wp-block-heading" id="dogecoin-price-analysis">Dogecoin price analysis</h1>
 <p class="paragraph">At the time of press, DOGE was trading at $0.0809, marking a daily decrease of -1.83%, contrary to the gains of 3.77% on the weekly chart and losing -16.22% in the previous month.</p>
 <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="683" src="https://cdn.thebittimes.com/images/2024/01/15/9f8980b26bb649222f485d0775e1c9b4.webp" alt="DOGE 24-hour price chart. Source: Finbold
" class="wp-image-149077" srcset="https://cdn.thebittimes.com/images/2024/01/15/9f8980b26bb649222f485d0775e1c9b4.webp 1024w, https://cdn.thebittimes.com/images/2024/01/15/9f8980b26bb649222f485d0775e1c9b4.webp 300w, https://cdn.thebittimes.com/images/2024/01/15/9f8980b26bb649222f485d0775e1c9b4.webp 768w, https://cdn.thebittimes.com/images/2024/01/15/9f8980b26bb649222f485d0775e1c9b4.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   DOGE 24-hour price chart. Source: Finbold
  </figcaption>
 </figure>
 <p class="paragraph">Technical indicators are currently unfavorable for the DOGE price, leaning towards a ‘sell’ signal at 11, with moving averages aligning with a ‘sell’ recommendation at 10. On the other hand, oscillators maintain a neutral stance, registering a value of 9.</p>
 <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="238" src="https://cdn.thebittimes.com/images/2024/01/15/8ef91345dcbf7e873c1e11423a05bcef.webp" alt="DOGE technical analysis. Source: TradingView
" class="wp-image-149078" srcset="https://cdn.thebittimes.com/images/2024/01/15/8ef91345dcbf7e873c1e11423a05bcef.webp 1024w, https://cdn.thebittimes.com/images/2024/01/15/8ef91345dcbf7e873c1e11423a05bcef.webp 300w, https://cdn.thebittimes.com/images/2024/01/15/8ef91345dcbf7e873c1e11423a05bcef.webp 768w, https://cdn.thebittimes.com/images/2024/01/15/8ef91345dcbf7e873c1e11423a05bcef.webp 1501w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   DOGE technical analysis. Source: TradingView
  </figcaption>
 </figure>
 <p class="paragraph">When looking at digital asset <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>s, it is essential to look at as many indicators as possible, as only then will investors be able to see the bigger picture. This helps in preventing unnecessary risks.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/doge-price-prediction-as-expert-forecasts-target-above-0-10-tbt76587.html">https://thebittimes.com/doge-price-prediction-as-expert-forecasts-target-above-0-10-tbt76587.html</a></p>

DOGE price prediction as expert forecasts target above $0.10

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