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<p>The post <a href="https://coinpedia.org/news/dogecoin-doge-price-to-reach-1-in-the-coming-weeks-analyst-predicts/">Dogecoin (DOGE) Price to Reach $1 in the Coming Weeks: Analyst Predicts</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p><a href="https://coinpedia.org/news/bitcoin-halving-2024-unveiling-the-impact-on-btc-price-and-crypto-market-dynamics/">The fourth Bitcoin (BTC) halving</a> happened on Saturday, thus ushering in a new era of the macro cryptocurrency bull cycle. With the <a href="https://markets.coinpedia.org/bitcoin/">Bitcoin</a> supply reduced to 450 coins per day amidst heightened demand from institutional investors, a new all-time high (ATH) is inevitably on the horizon. Furthermore, most of the altcoins had already signalled bullish sentiments during the first quarter.</p> 
<h2 class="wp-block-heading" id="h-the-dogecoin-rise">The Dogecoin Rise</h2> 
<p>Having established that the cryptocurrency bulls are in control, more investors have been betting on <a href="https://markets.coinpedia.org/dogecoin/">Dogecoin</a> (DOGE) in this cycle. According to on-chain data, the proof-of-work (PoW) secured meme coin has seen a gradual increase in non-zero addresses, which currently stands at around 7.3 million.&nbsp;</p> 
<p>Notably, Dogecoin enjoys unwavering support from tech billionaire Elon Musk with his family of unicorn companies led by X social platform, Tesla Inc, and SpaceX. As a result, Dogecoin remains in the top ten most valuable digital assets, with a market valuation of about $23.22 billion and a daily average trading volume of around $1.34 billion.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-ali-martinez-on-midterm-doge-price-expectations-nbsp">Ali Martinez on Midterm DOGE Price Expectations&nbsp;</h2> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> is showing its classic pattern once again! <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> is currently consolidating after breaking out from a descending triangle. <br><br>Based on past trends, we might just see <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw">#DOGE</a> rocket towards $1 in the coming weeks! <a href="https://t.co/dEWeVWLIHR">pic.twitter.com/dEWeVWLIHR</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1781994369316225274?ref_src=twsrc%5Etfw">April 21, 2024</a>
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<p>According to a popular crypto analyst Ali Martinez, <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/">Dogecoin price</a> has shown several signs of repeating the past bull cycle in the coming months. With a short-term target of $1 in the coming weeks, Martinez noted that the DOGE price is approaching the end of the recent correction.&nbsp;</p> 
<p>Also Check Out : <a href="https://coinpedia.org/news/memecoin-mania-heres-how-trader-turned-1-49-million-in-2-days/">Memecoin Mania : Here’s How Trader Turned $1.49 Million in 2 Days</a></p> 
<p>Notably, DOGE price has been forming higher highs and higher lows on the weekly time frame, a classical characteristic of a rising market. The top meme coin was trading slightly above 16 cents after gaining around 10 percent in the past few days.</p>

Dogecoin (DOGE) Price to Reach $1 in the Coming Weeks: Analyst Predicts

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