{"id":569249,"date":"2024-01-13T01:00:09","date_gmt":"2024-01-13T01:00:09","guid":{"rendered":"https:\/\/uniquehot.com\/?p=569249"},"modified":"2024-01-12T19:49:39","modified_gmt":"2024-01-12T19:49:39","slug":"800-rally-dogecoin-buy-zone","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/dogecoin\/800-rally-dogecoin-buy-zone\/","title":{"rendered":"Crypto Analyst Predicts 800% Rally As Dogecoin Enters Buy Zone"},"content":{"rendered":"

Compared to other meme coins and large caps in the crypto space, the Dogecoin performance<\/a> has been quite lackluster, to say the least. Even as Bitcoin sets an out toward its previous highs, Dogecoin price has been muted. Bit this could change soon as one analyst sees a reversal coming.<\/p>\n

Dogecoin Price Has Entered The Buy Zone<\/h2>\n

Since falling back below the $0.09 level, the dogecoin bulls<\/a> have struggled to maintain control of the price. With bearish and selling pressure mounting, the best-case scenario was that the meme coin would once again enter an accumulation zone that could help provide support.<\/p>\n

Related Reading: Shiba Inu Team\u2019s Record 9.35 Billion SHIB Burn Sends Burn Rate Soaring<\/a><\/div>\n

According to a crypto analyst who goes by CryptoCheck on TradingView, the DOGE price<\/a> may have finally entered this buy zone. The analyst analyzes<\/a> the DOGE price<\/a> on different time frames such as the four-hour and the weekly frame, coming up with a rather bullish narrative for the coin.<\/p>\n

On the 4-hour timeframe, the meme coin showed a lot of strength as a recovery rocked the crypto market. Then moving on to the weekly timeframe, the analyst points out that Dogecoin is currently flashing a buy signal for investors to get back in. This buy signal comes between the $0.078 and $0.084 levels.<\/p>\n

Now, the levels highlighted for buying here coincide with the analysis from crypto analyst Skew who explained that the risk-reward above $0.087 is higher<\/a> for investors who are looking to get in on the asset. These levels could present the best buying opportunity before the next leg-up.<\/p>\n

\"Dogecoin<\/p>\n

DOGE price is shaky at $0.084 | Source: DOGEUSD On Tradingview.com<\/a><\/pre>\n
DOGE Price Could Fly 800%<\/h2>\n
CryptoCheck\u2019s analyst also predicts a lot of potential upside for the Dogecoin price<\/a>. They point out that DOGE has gone from a joke to a prominent crypto and this is thanks to the community which has continued to support its growth and development.<\/p>\n
Related Reading: XRP And XLM Price Correlation Persists, Ripple CTO Explains Why<\/a><\/div>\n
Given the chart position, there is a lot of upside potential for the meme coin going forward in 2024. Some of the developments that could propel this price surge include the fact that Elon Musk\u2019s X is getting ready to launch a peer-to-peer payments platform<\/a> this year. As always, expectations are that Dogecoin could play a huge role in this.<\/p>\n
However, while the analyst sees a lot of potential in the future of the altcoin, they explains that DOGE is still quite bearish in the short term<\/a>. \u201cThe price needs to establish support before going higher, and the downward trend means that support hasn’t been found at the current levels,\u201d CryptoCheck explains.<\/p>\n
Featured image from CoinMarketCap, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Compared to other meme coins and large caps in the crypto space, the Dogecoin performance has been quite lackluster, to say the least. Even as Bitcoin sets an out toward its previous highs, Dogecoin price has been muted. Bit this could change soon as one analyst sees a reversal coming. Dogecoin Price Has Entered The Buy Zone Since falling back below the $0.09 level, the dogecoin bulls have struggled to maintain control of the price. With bearish and selling pressure mounting, the best-case scenario was that the meme coin would once again enter an accumulation zone that could help provide support. Related Reading: Shiba Inu Team\u2019s Record 9.35 Billion SHIB Burn Sends Burn Rate Soaring According to a crypto analyst who goes by CryptoCheck on TradingView, the DOGE price may have finally entered this buy zone. The analyst analyzes the DOGE price on different time frames such as the four-hour and the weekly frame, coming up with a rather bullish narrative for the coin. On the 4-hour timeframe, the meme coin showed a lot of strength as a recovery rocked the crypto market. Then moving on to the weekly timeframe, the analyst points out that Dogecoin is currently flashing a buy signal for investors to get back in. This buy signal comes between the $0.078 and $0.084 levels. Now, the levels highlighted for buying here coincide with the analysis from crypto analyst Skew who explained that the risk-reward above $0.087 is higher for investors who are looking to get in on the asset. These levels could present the best buying opportunity before the next leg-up. DOGE price is shaky at $0.084 | Source: DOGEUSD On Tradingview.com DOGE Price Could Fly 800% CryptoCheck\u2019s analyst also predicts a lot of potential upside for the Dogecoin price. They point out that DOGE has gone from a joke to a prominent crypto and this is thanks to the community which has continued to support its growth and development. Related Reading: XRP And XLM Price Correlation Persists, Ripple CTO Explains Why Given the chart position, there is a lot of upside potential for the meme coin going forward in 2024. Some of the developments that could propel this price surge include the fact that Elon Musk\u2019s X is getting ready to launch a peer-to-peer payments platform this year. As always, expectations are that Dogecoin could play a huge role in this. However, while the analyst sees a lot of potential in the future of the altcoin, they explains that DOGE is still quite bearish in the short term. \u201cThe price needs to establish support before going higher, and the downward trend means that support hasn’t been found at the current levels,\u201d CryptoCheck explains. Featured image from CoinMarketCap, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":569253,"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":[167,6664,26263,14690,1785,89174,85675,90807,7,1803,89765,1804,89722,79599,79600],"class_list":["post-569249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-doge","tag-doge-news","tag-doge-price","tag-doge-price-prediction","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-prediction","tag-dogecoin-price","tag-dogecoin-price-prediction","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\nCrypto Analyst Predicts 800% Rally As Dogecoin Enters Buy Zone<\/title>\n<meta name=\"description\" content=\"Compared to other 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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":"Crypto Analyst Predicts 800% Rally As Dogecoin Enters Buy Zone","url":"http:\/\/uniquehot.com\/news\/dogecoin\/800-rally-dogecoin-buy-zone\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/dogecoin\/800-rally-dogecoin-buy-zone\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/Dogecoin-bull.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/Dogecoin-bull.jpeg?fit=1200%2C900"},"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":["analyst","crypto","crypto analyst","crypto news","doge","doge news","doge price","doge price prediction","dogecoin","dogecoin news","dogecoin prediction","dogecoin price","dogecoin price prediction","dogeusd","dogeusdt"],"dateCreated":"2024-01-13T01:00:09Z","datePublished":"2024-01-13T01:00:09Z","dateModified":"2024-01-13T01:00:09Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst Predicts 800% Rally As Dogecoin Enters Buy Zone\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/dogecoin\\\/800-rally-dogecoin-buy-zone\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/dogecoin\\\/800-rally-dogecoin-buy-zone\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Dogecoin-bull.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Dogecoin-bull.jpeg?fit=1200%2C900\"},\"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\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"doge\",\"doge news\",\"doge price\",\"doge price prediction\",\"dogecoin\",\"dogecoin news\",\"dogecoin prediction\",\"dogecoin price\",\"dogecoin price prediction\",\"dogeusd\",\"dogeusdt\"],\"dateCreated\":\"2024-01-13T01:00:09Z\",\"datePublished\":\"2024-01-13T01:00:09Z\",\"dateModified\":\"2024-01-13T01:00:09Z\"}<\/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\/2024\/01\/Dogecoin-bull.jpeg?fit=1200%2C900","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/569249"}],"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=569249"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/569249\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/569253"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=569249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=569249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=569249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}