Dogecoin (DOGE) to $2? Meme Coin’s Historical Patterns Point to Massive Surge

2024-6-27 14:30

A new study by FieryTrading, posted on TradingView, suggests that Dogecoin (DOGE) could reach $2 this cycle. This prediction is based on past price trends and how the market has behaved in earlier cycles.

Historical Price Action Analysis

FieryTrading’s analysis focuses on DOGE’s performance in past bull cycles, noting two significant price surges:

A 9,000% increase occurring 38 months after the previous market top A 30,000% surge happening 34 months after the preceding cycle peak

The expert notes that February 2024 was around 33 months after the last big rise in DOGE price, which matches the timeframes seen in earlier bull cycles.

Potential for Significant Growth

The expert says past price action may not exactly reflect the future, but think even a small part of the growth in earlier cycles could push Dogecoin to new highs. The analysis suggests a price of $1 or even $2 for Dogecoin is quite possible based on what has happened before.

FieryTrading includes an important disclaimer, stating that the analysis is based on only two previous occurrences in markedly different macro market conditions. The projection relies solely on timing, and the analyst emphasizes that it’s unlikely the scenario will unfold exactly as presented.

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The analysis has sparked discussion within the cryptocurrency community, with many investors reconsidering DOGE’s potential in the current market cycle. FieryTrading encourages readers to share their thoughts on Dogecoin’s prospects, highlighting the speculative nature of meme coins and the importance of community sentiment in driving price action.

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The post Dogecoin (DOGE) to $2? Meme Coin’s Historical Patterns Point to Massive Surge appeared first on CaptainAltcoin.

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Dogecoin (DOGE) на Currencies.ru

$ 0.3227 (-0.42%)
Объем 24H $1.784b
Изменеия 24h: -1.61 %, 7d: -7.15 %
Cегодня L: $0.3227 - H: $0.3315
Капитализация $47.716b Rank 8
Цена в час новости $ 0.1224 (163.64%)

dogecoin doge past price based prediction trends

Источник: captainaltcoin.com

dogecoin doge → Результатов: 126


Фото:

Dogecoin готовится к росту? Илон Маск заявил, что пора использовать DOGE по-крупному

Назначение Маска в новый департамент 2024 год стал прорывным для Dogecoin (DOGE). Мем-коин обновил трехлетний максимум, а также стал символом новой инициативы избранного президента США Дональда Трампа — Департамента правительственной эффективности (D.

2024-12-30 15:19


Илон Маск вновь пропампил Dogecoin

Всего одним твитом Илон Маск снова взбудоражил комьюнити Dogecoin. За 24 часа мемкоин DOGE взлетел уже более чем на 14% и, возможно, не остановится в ближайшее время. Разбираемся, что происходит с курсом Dogecoin (DOGE) и ждать ли от мемкоина обновления локальных максимумов.

2024-10-30 19:11


Is Dogecoin Dead? This Sign Suggests a Potential DOGE Price Rebound Is On The Horizon

Dogecoin’s $DOGE spent most of August in a narrow $0.10 channel, but in the last week, a breakout was attempted, and it rose by 8.5% to a $0.114 peak.  Yesterday, Twitter analyst Ali Charts told and shared a chart with his 70k followers that Dogecoin’s price shows a bullish divergence against the Relative Strength Indicator […] The post Is Dogecoin Dead? This Sign Suggests a Potential DOGE Price Rebound Is On The Horizon appeared first on CaptainAltcoin.

2024-9-3 09:25


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