Dogecoin

Resistance

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Shiba Inu

<ul><li>Dogecoin follows a familiar chart pattern hinting at potential gains.</li><li>Analysts predict an 11,541% surge if history repeats.</li><li>Resistance at $0.089: Bollinger Bands signal a crucial resistance level.</li></ul><p>Back in 2020, <a href="https://dogecoin.com/" rel="noopener noreferrer nofollow">DOGE</a> broke out from a descending triangle, followed by a consolidation phase, and then skyrocketed by an astonishing 28,770%. Fast forward to today, and we’re witnessing a similar sequence.</p><p>DOGE has once again broken out of a descending triangle and is currently in a <a href="https://cryptonewsland.com/dogecoin-consolidation-symmetrical-triangle-signals-potential-reversal/" rel="noopener noreferrer nofollow">consolidation</a><a href="https://cryptonewsland.com/dogecoin-consolidation-symmetrical-triangle-signals-potential-reversal/" rel="noopener noreferrer nofollow"> phase</a>. Could this be the setup for another significant bull run? The signs seem to point in that direction.</p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet"><p><a href="https://twitter.com/search?q=%24Doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$Doge</a> is repeating the same Chart Pattern <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>If the Bull Run comes, it comes.<br>The next spike comes soon <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/OjDDfH5iBy" rel="noopener noreferrer nofollow">pic.twitter.com/OjDDfH5iBy</a></p>— Trader Tardigrade (@TATrader_Alan) <a href="https://twitter.com/TATrader_Alan/status/1812138424910200832?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 13, 2024</a></blockquote></div></figure><h2 class="wp-block-heading" id="h-the-price-targets-what-lies-ahead">The Price Targets: What Lies Ahead?</h2><p>Many analysts believe that if history repeats, DOGE could experience a significant price surge and reach a new all-time high.</p><p>For instance, Trader Tardigrade, a crypto analyst, suggests that the anticipated meteoric rise may come with the next price spike. Imagine the excitement among DOGE enthusiasts if that prediction comes true.</p><p>Last week, the price of DOGE struggled to rise above a critical resistance level, $0.1. However, the token managed to break this barrier yesterday.</p><p>Analysts had suggested that breaking through this barrier could trigger a notable bullish surge, possibly aiming for the coveted price target of $0.1. Investors have long dreamed of <a href="https://cryptonewsland.com/dogecoin-breakout-suggests-potential-404-rise-as-market-sees-bullish-signals/" rel="noopener noreferrer nofollow">DOGE </a><a href="https://cryptonewsland.com/dogecoin-breakout-suggests-potential-404-rise-as-market-sees-bullish-signals/" rel="noopener noreferrer nofollow">reaching</a><a href="https://cryptonewsland.com/dogecoin-breakout-suggests-potential-404-rise-as-market-sees-bullish-signals/" rel="noopener noreferrer nofollow"> $1</a>. Currently trading at $0.11with a market cap of $12.05 billion, DOGE remains above the 20-day Simple Moving Average (SMA).</p><p>Recent on-chain data reveals an interesting strategy by DOGE’s strategic whale investors. Instead of selling off assets during the recent market dip, a specific group of whales—each holding at least 10 million DOGE tokens (equivalent to approximately $800,000)—has chosen to accumulate.&nbsp;</p><p><a href="https://santiment.net/" rel="noopener noreferrer nofollow">Santiment</a> reports a cumulative Dogecoin whale balance surpassing an impressive 15 billion DOGE tokens. Clearly, this could be the best time to accumulate DOGE considering whales are betting on DOGE’s potential. But as always, ensure to tread cautiously and make informed decisions when trading.</p><h4 class="wp-block-heading" id="h-read-also">Read Also&nbsp;</h4><ul class="wp-block-yoast-seo-related-links yoast-seo-related-links"><li><a href="https://cryptonewsland.com/dogecoin-gains-momentum-sets-sights-on-reaching-0-15/" rel="noopener noreferrer nofollow">Dogecoin Gains Momentum, Sets Sights on Reaching $0.15</a></li><li><a href="https://cryptonewsland.com/shiba-inu-breaks-key-barrier-sets-sights-on-0-000036-by-aprils-end/" rel="noopener noreferrer nofollow">Shiba Inu Breaks Key Barrier, Sets Sights on $0.000036 by April’s End</a></li><li><a href="https://cryptonewsland.com/dogecoin-price-chart-prints-same-bullish-pattern-as-2021-god-candle-new-1-doge-price-ath-loading-this-bull-cycle/" rel="noopener noreferrer nofollow">Dogecoin Price Chart Prints Same Bullish Pattern as 2021 God Candle, New $1 DOGE Price ATH Loading This Bull Cycle</a></li><li><a href="https://cryptonewsland.com/litecoin-retakes-60-as-pump-to-75-now-in-sight/" rel="noopener noreferrer nofollow">Litecoin Retakes $60 as Pump to $75 Now in Sight</a></li><li><a href="https://cryptonewsland.com/ethereum-breaks-out-clear-path-to-higher-resistance-levels-in-sight/" rel="noopener noreferrer nofollow">Ethereum Breaks Out: Clear Path to Higher Resistance Levels in Sight</a></li></ul><p>The post <a href="https://cryptonewsland.com/doges-chart-pattern-hint-imminent-growth/" rel="noopener noreferrer nofollow">DOGE’s Chart Pattern Hint Imminent Price Surge, New ATH in Sight Soon?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

DOGE’s Chart Pattern Hint Imminent Price Surge, New ATH in Sight Soon?

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