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  <p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/price-analysis/dogecoin-to-moon-analyst-predicts-100-spike-in-doge-price/">Dogecoin To Moon – Analyst Predicts 100% Spike In DOGE Price</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
  <p>Prominent crypto analyst Kaleo has caught the attention of investors with an intriguing forecast for Dogecoin (DOGE). Known for his extensive Twitter following of 593,600 followers, Kaleo has highlighted the potential for a significant breakout in the popular meme coin.&nbsp;</p> 
  <h2 class="wp-block-heading" id="potential-breakout-for-dogecoin-doge">Potential Breakout for Dogecoin (DOGE)</h2> 
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     <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOGE</a> breaking out vs USD as well as BTC <a href="https://t.co/D7SCF1cDDY" rel="noopener noreferrer nofollow">pic.twitter.com/D7SCF1cDDY</a></p>— K A L E O (@CryptoKaleo) <a href="https://twitter.com/CryptoKaleo/status/1680158744854798338?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 15, 2023</a> 
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  <p>By closely examining the <a href="https://twitter.com/CryptoKaleo/status/1680158744854798338?s=20" rel="noopener noreferrer nofollow"><strong>charts</strong></a>, Kaleo suggests that Dogecoin is on the verge of surpassing its bear market resistance, which could trigger a powerful rally. If this surge occurs, DOGE could reach levels not seen since November 2022, a time that marked the height of the previous crypto bull market.</p> 
  <p>Specifically, Kaleo points out that Dogecoin has the potential to <a href="https://twitter.com/CryptoKaleo/status/1680088768097705984/photo/1" rel="noopener noreferrer nofollow">surpass</a> $0.16, representing a potential increase of more than 130% from its current price of $0.069. This has generated considerable excitement among investors and supporters of the meme-inspired cryptocurrency.</p> 
  <p>Explaining his <a href="https://twitter.com/CryptoKaleo/status/1680088073638428672?s=20" rel="noopener noreferrer nofollow">stance</a> on the potential surge against the US dollar, Kaleo manifested that Dogecoin’s performance against Bitcoin (DOGE/BTC) has broken long-term diagonal resistance. Overall, this positive development further fuels optimism surrounding DOGE. The current exchange rate for the DOGE/BTC pair is 0.00000231 BTC ($0.070).</p> 
  <h2 class="wp-block-heading" id="h-buy-the-dip-btc-in-its-accumulation-phase"><strong>Buy the Dip, BTC in its accumulation Phase</strong></h2> 
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     <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> / <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a><br><br>The longer we've distributed in the $30K range, the less likely an immediate move higher looks.<br><br>I've seen several tweets about DOJ seized BTC on the move as well. Would love another opportunity to stack on the dip to the 200 EMA on the daily if we get it. <a href="https://t.co/5t0UNjUAiJ" rel="noopener noreferrer nofollow">pic.twitter.com/5t0UNjUAiJ</a></p>— K A L E O (@CryptoKaleo) <a href="https://twitter.com/CryptoKaleo/status/1679217791868469249?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 12, 2023</a> 
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  <p>But Kaleo’s insights extend beyond Dogecoin, as he also assesses the <a href="https://twitter.com/CryptoKaleo/status/1679217791868469249" target="_blank" rel="noopener noreferrer nofollow">outlook</a> for Bitcoin (BTC). Based on his analysis, Kaleo suggests that Bitcoin’s extended consolidation above $30,000 may indicate a forthcoming downward movement. </p> 
  <p>He mentions speculation circulating about the US Department of Justice potentially seizing Bitcoin during a rally. Kaleo expresses a desire to accumulate more Bitcoin should an opportunity arise to purchase at a lower price point, such as around $26,000. The current value of one bitcoin is $30,264.&nbsp;</p> 
  <p>As always, the Bitcoin market is turbulent and unpredictable. Kaleo’s predictions are exciting, but the conclusion is unknown. Investors and crypto enthusiasts eagerly watch to see if Dogecoin may break through and Bitcoin will fall. But Kaleo’s analysis has reignited the crypto community’s excitement and curiosity.<em> </em></p>
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Dogecoin To Moon – Analyst Predicts 100% Spike In DOGE Price

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