bullish

DOGS

Coin

<p>David Arnal shared an optimistic analysis on X regarding the <a href="https://captainaltcoin.com/?s=DOGS&amp;post_type=post" target="_blank" rel="noopener noreferrer nofollow">DOGS token</a>. According to Arnal, DOGS is showing bullish potential, with a market cap of $700 million and a daily trading volume of $1.7 billion.&nbsp;</p>
<p>Arnal highlighted the formation of a bull pennant on the DOGS chart, suggesting a possible breakout that could propel DOGS to new heights. This bullish sentiment has interested traders, as many anticipate DOGS could surpass other meme coins like BRETT and BONK.</p>
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   <p lang="en" dir="ltr">So, the <a href="https://twitter.com/search?q=%24DOGS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$DOGS</a> market cap is $700m, and the daily volume is $1.7b? This is ultra bullish!<br><br>I am buying this bull pennant. My targets are optimistic but reasonable! <a href="https://t.co/bmc2z8o6yn" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/bmc2z8o6yn</a></p>— David Arnal (@davidarngar) <a href="https://twitter.com/davidarngar/status/1828418433685307640?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 27, 2024</a>
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<h2 class="wp-block-heading" id="strong-bull-pennant-formation-indicates-potential-breakout-strong"><strong>Bull Pennant Formation Indicates Potential Breakout</strong></h2>
<p>The DOGS chart, analyzed by David Arnal, reveals a bull pennant formation, a technical pattern often signaling a continuation of a prior uptrend. In this case, the DOGS price has experienced a sharp rise, followed by a period of consolidation within the pennant.&nbsp;</p>
<p>The chart’s convergent trendlines show declining volatility, which may imply that buyers and sellers are approaching equilibrium. When the pattern is finished, this setup frequently results in a breakout, when the price may rise substantially.</p>
<p>Arnal’s analysis further breaks down potential breakout targets for DOGS. The first target stands at approximately $0.0012386, representing a 97.37% increase from the current price. A more ambitious target is set at $0.0013529, marking a 116.23% rise.&nbsp;</p>
<p>These targets are derived from the height of the flagpole in the pennant formation, projected upwards from the breakout point. Given the strong trading volume, which is more than double the market cap, Arnal’s optimistic targets appear within reach if the breakout occurs as anticipated.</p>
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   Next Meme Coin to Explode? Look No Further If You Are Looking for the Next PEPE or POPCAT
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    <p>Meet <a href="https://thepandaworld.com/en" target="_blank" rel="noopener noreferrer nofollow"><strong>PandaWorld</strong></a>, the new meme coin currently selling at <a href="https://thepandaworld.com/en" target="_blank" rel="noopener noreferrer nofollow"><strong><em>discounted presale prices</em></strong></a>! The project was inspired by the adventures of six panda siblings, utilizing their unique abilities to bring together gaming, staking, and other features.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
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<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/why-is-immutable-imx-price-up/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Why Is Immutable (IMX) Price Up?</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-dogs-market-position-relative-to-brett-and-bonk-strong"><strong>DOGS’ Market Position Relative to BRETT and BONK</strong></h2>
<p>In comparison to other meme coins like BRETT and BONK, DOGS shows a notable difference in market activity. According to CoinGecko, DOGS trades<a href="https://www.coingecko.com/en/coins/dogs" target="_blank" rel="noopener noreferrer nofollow"> at $0.001482</a>, with a daily trading volume close to $1.95 billion, reflecting a 16.13% increase in the last day.&nbsp;</p>
<p>Meanwhile, BRETT and BONK, although popular, have seen relatively modest gains, with <a href="https://www.coingecko.com/en/coins/brett-2" target="_blank" rel="noopener noreferrer nofollow">BRETT priced at $0.08235</a> and <a href="https://www.coingecko.com/en/coins/bonk" target="_blank" rel="noopener noreferrer nofollow">BONK at $0.0000185</a>, each showing minor increases in trading volume. This disparity in trading volume and market cap suggests that DOGS could indeed challenge BRETT and BONK if the bullish momentum continues.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcGm0ai0fOswbzye65SKfixNwxlyJRW4eikdAaG4MjadmjV-kjQqZuxkvqARBmDG_m18BzTSGQ0fajvLSzGH6C48ZDpXXuaZZD4dRdVQmTiX0941nhKLY2sDwTTEJDlrc92MURTfnKBPM343pGXqUkVuBKx?key=dQTMl2LWYya6P_4b6dIAkQ" alt="">
 <figcaption class="wp-element-caption"><strong><em>Source: </em></strong><a href="https://coinmarketcap.com/view/memes/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>CoinMarketCap</em></strong></a>
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<h2 class="wp-block-heading" id="strong-market-sentiment-and-dogs-future-prospect-strong-s"><strong>Market Sentiment and DOGS’ Future Prospect</strong>s</h2>
<p>The overall market sentiment around DOGS is highly optimistic, fueled by the trading volume and the technical bullish setup. If the predicted breakout materializes, DOGS could potentially flip BRETT and BONK in market cap and ranking.</p>
<p>Moreover, this would solidify its position among the top meme coins. The robust trading activity indicates strong demand, which, coupled with the bullish technical indicators, positions DOGS for a potential rally.</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/dogs-price-prediction-can-the-top-8-meme-coin-flip-brett-and-bonk/" rel="noopener noreferrer nofollow">DOGS Price Prediction: Can the Top 8 Meme Coin Flip BRETT and BONK?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

DOGS Price Prediction: Can the Top 8 Meme Coin Flip BRETT and BONK?

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