{"id":563379,"date":"2023-12-01T19:00:39","date_gmt":"2023-12-01T19:00:39","guid":{"rendered":"https:\/\/uniquehot.com\/?p=563379"},"modified":"2023-12-01T14:00:44","modified_gmt":"2023-12-01T14:00:44","slug":"dogecoin-two-green-monthly-close","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-two-green-monthly-close\/","title":{"rendered":"Dogecoin Marks Two Consecutive Green Monthly Closes, What Happened The Last Time?"},"content":{"rendered":"

Dogecoin has just completed another month in the green despite the various dips and turns that it took in November. This green monthly close marks its second consecutive green monthly after finishing out October in the green as well. With this trend now complete, let\u2019s take a look at Dogecoin\u2019s historical performance<\/a> when it has notched two consecutive green monthly closes.<\/p>\n

Two Green Dogecoin Monthly Closes<\/h2>\n

The two consecutive green monthly closes for Dogecoin are significant due to how the price has performed when this has happened in the past. Given the meme coin\u2019s highly volatile nature, it is not every time that it notches two consecutive green monthly closes and this could be very bullish for the price.<\/p>\n

Related Reading: Bitcoin Spot ETF In January 2024: A New Player Just Joined The Game<\/a><\/div>\n

For example, back toward the end of 2020, the meme coin <\/a>had closed out the months of November and December in the green. While at the time, it did not seem relevant, this would signal the start of one of the most impressive rallies in crypto so far.<\/p>\n

Dogecoin took the green monthly closes and ran with it and the next few months would be characterized by nothing but green. The DOGE price<\/a> went from around $0.008 following the green monthly close to over $0.05 in the next four months.<\/p>\n

Each of these four months would see the meme coin close in the green as its price continued to rally. If this trend were to repeat itself once again, then the DOGE price<\/a> could be gearing up for another massive run.<\/p>\n

\"Dogecoin<\/p>\n

DOGE completes two green monthly closes | Source: DOGEUSD on Tradingview.com<\/a><\/pre>\n
Can DOGE Replicate This Success?<\/h2>\n
Dogecoin has historically been good with following trends, which bodes well for the current performance. However, there have been times when there has been a deviation from this trend despite marking the two consecutive monthly closes.<\/p>\n
In September and October 2022, Dogecoin had closed out both months in the green<\/a>. However, the next few months would turn out to be quite bearish for the price. In the end, the meme coin saw two red monthly closes before seeing another monthly close.<\/p>\n
Related Reading: Bitcoin 65% Crash Possible? $54 Million In Buy Orders Pile Up At $12,000<\/a><\/div>\n
A major difference between the 2022 trend and the 2023 trend though is the fact that 2022 was quite bearish following the FTX collapse<\/a> while 2023 is very bullish with the Bitcoin price recovering again. With investor greed at a very high level, Dogecoin could continue to rise.<\/p>\n
As crypto analyst Ali Martinez points out, the meme coin is currently seeing a lot of resistance at $0.087. However, once it breaks through this resistance, then the DOGE price could double<\/a> from here.<\/p>\n
Featured image from Watcher Guru, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Dogecoin has just completed another month in the green despite the various dips and turns that it took in November. This green monthly close marks its second consecutive green monthly after finishing out October in the green as well. With this trend now complete, let\u2019s take a look at Dogecoin\u2019s historical performance when it has notched two consecutive green monthly closes. Two Green Dogecoin Monthly Closes The two consecutive green monthly closes for Dogecoin are significant due to how the price has performed when this has happened in the past. Given the meme coin\u2019s highly volatile nature, it is not every time that it notches two consecutive green monthly closes and this could be very bullish for the price. Related Reading: Bitcoin Spot ETF In January 2024: A New Player Just Joined The Game For example, back toward the end of 2020, the meme coin had closed out the months of November and December in the green. While at the time, it did not seem relevant, this would signal the start of one of the most impressive rallies in crypto so far. Dogecoin took the green monthly closes and ran with it and the next few months would be characterized by nothing but green. The DOGE price went from around $0.008 following the green monthly close to over $0.05 in the next four months. Each of these four months would see the meme coin close in the green as its price continued to rally. If this trend were to repeat itself once again, then the DOGE price could be gearing up for another massive run. DOGE completes two green monthly closes | Source: DOGEUSD on Tradingview.com Can DOGE Replicate This Success? Dogecoin has historically been good with following trends, which bodes well for the current performance. However, there have been times when there has been a deviation from this trend despite marking the two consecutive monthly closes. In September and October 2022, Dogecoin had closed out both months in the green. However, the next few months would turn out to be quite bearish for the price. In the end, the meme coin saw two red monthly closes before seeing another monthly close. Related Reading: Bitcoin 65% Crash Possible? $54 Million In Buy Orders Pile Up At $12,000 A major difference between the 2022 trend and the 2023 trend though is the fact that 2022 was quite bearish following the FTX collapse while 2023 is very bullish with the Bitcoin price recovering again. With investor greed at a very high level, Dogecoin could continue to rise. As crypto analyst Ali Martinez points out, the meme coin is currently seeing a lot of resistance at $0.087. However, once it breaks through this resistance, then the DOGE price could double from here. Featured image from Watcher Guru, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":563393,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[1785,89174,85675,7,1803,1804,79599],"class_list":["post-563379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd"],"acf":[],"yoast_head":"\nDogecoin Marks Two Consecutive Green Monthly Closes, What Happened The Last Time?<\/title>\n<meta name=\"description\" content=\"Dogecoin has just completed another month in the green despite the various dips and turns that it took in November.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Marks Two Consecutive Green Monthly Closes, What Happened The Last Time?","url":"http:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-two-green-monthly-close\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-two-green-monthly-close\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/Dogecoin-Small.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/Dogecoin-Small.jpeg?fit=320%2C251"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["doge","doge news","doge price","dogecoin","dogecoin news","dogecoin price","dogeusd"],"dateCreated":"2023-12-01T19:00:39Z","datePublished":"2023-12-01T19:00:39Z","dateModified":"2023-12-01T19:00:39Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Marks Two Consecutive Green Monthly Closes, What Happened The Last Time?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/dogecoin\\\/dogecoin-two-green-monthly-close\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/dogecoin\\\/dogecoin-two-green-monthly-close\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Dogecoin-Small.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Dogecoin-Small.jpeg?fit=320%2C251\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"doge\",\"doge news\",\"doge price\",\"dogecoin\",\"dogecoin news\",\"dogecoin price\",\"dogeusd\"],\"dateCreated\":\"2023-12-01T19:00:39Z\",\"datePublished\":\"2023-12-01T19:00:39Z\",\"dateModified\":\"2023-12-01T19:00:39Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/Dogecoin-Small.jpeg?fit=320%2C251","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/563379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=563379"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/563379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/563393"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=563379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=563379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=563379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}