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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/dogecoins-remarkable-surge-as-crypto-market-consolidates/" data-wpel-link="internal">Dogecoin’s Remarkable Surge as Crypto Market Consolidates</a><br></p>
<p style="text-align: justify"><strong><a href="https://en.coin-turk.com/predictions-surge-for-2024-crypto-market-set-for-major-milestones/" data-wpel-link="internal">Crypto</a> currency</strong> market is witnessing a consolidation before the halving as proven by the narrow range formation in <a href="https://coin-turk.com/almanya-ucuncu-buyuk-bankasi-dz-bank-bitcoin-ticareti-icin-yeni-hamle-pilot-asamaya-geciliyor" data-wpel-link="internal">Bitcoin</a> (<a href="https://coin-turk.com/bitcoinden-btc-yeni-rekor-btc-fiyatinin-yukselisi-altcoinleri-nasil-etkileyecek" data-wpel-link="internal">BTC</a>). While the majority of major <strong>altcoins</strong> are following the same trend, the leading cryptocurrency <a href="https://coin-turk.com/iste-kritik-seviyeleri-doge-solana-ve-matic-coin-alinir-mi-15-haziran-guncel-yorum-grafikler" data-wpel-link="internal">Dogecoin</a> (<a href="https://en.coin-turk.com/dogecoin-whales-on-the-move-significant-transfers-and-market-speculation/" data-wpel-link="internal">DOGE</a>) has exhibited a notable rise by reaching $0.228, its highest level in 27 months.</p> 
<h2 id="bitcoin-boost-for-doge">Bitcoin Boost for DOGE</h2> 
<p style="text-align: justify">As we approach April, the month planned for the <a href="https://en.coin-turk.com/sec-may-approve-upcoming-etfs-before-2024/" data-wpel-link="internal">Bitcoin</a> halving, the market may be preparing for a potential uptrend in the coming weeks. Will the indicated market recovery push DOGE price to the pivotal $0.3 mark? Dogecoin’s price rebounded after the last correction in the fourth week of March, with buyers finding support at the 50-day EMA. The positive turnaround resulted in the <strong>token</strong> registering an 86% growth, climbing from $0.122 to $0.21.</p> 
<p style="text-align: justify">The rising price also surpassed the previous peak of $0.192, providing buyers with the next step to extend the recovery. Amid the current market consolidation trend, DOGE price is seeing a minor 8% retreat within 72 hours, currently trading at the $0.21 level. <strong>Dogecoin</strong> maintains its position as the 8th largest cryptocurrency with a market value of $30.2 billion, according to the 21milyon.com website.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-335673 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/doge-3.png" alt="" width="1946" height="937"></p> 
<h2 id="doge-price-analysis">DOGE Price Analysis</h2> 
<p style="text-align: justify">Furthermore, the analysis of the higher time frame chart indicates a parabolic growth resembling the formation of a rounded bottom. The chart pattern in <strong>Dogecoin</strong> can often be considered a sign of a bottom in a downtrend and an opportunity for the emergence of a new bull run.</p> 
<p style="text-align: justify"><strong>The crypto currency</strong> market’s expected bullish response to the upcoming halving, in line with historical trends and investor expectations, suggests that Dogecoin’s price could align with the formation of an uptrend. Continuous buying could follow the current rise towards the potential target of $0.3, followed by $0.35 and $0.448. In conclusion, while the crypto currency market is in a consolidation process before the halving with Bitcoin’s narrow range formation, Dogecoin has shown a significant rise, reaching its highest level in 27 months. Dogecoin’s price is showing a potential uptrend towards a $0.3 target following the correction in the fourth week of March.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/dogecoins-remarkable-surge-as-crypto-market-consolidates/" data-wpel-link="internal">Dogecoin’s Remarkable Surge as Crypto Market Consolidates</a></h5>

Dogecoin’s Remarkable Surge as Crypto Market Consolidates

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