{"id":649800,"date":"2024-10-25T20:30:36","date_gmt":"2024-10-25T20:30:36","guid":{"rendered":"https:\/\/uniquehot.com\/?p=649800"},"modified":"2024-10-25T09:13:22","modified_gmt":"2024-10-25T09:13:22","slug":"dogecoin-price-bullish-pennant","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-price-bullish-pennant\/","title":{"rendered":"Dogecoin Price Flashes Bullish Pennant On Daily Heikin Ashi Chart, What This Means"},"content":{"rendered":"

Crypto analyst Trader Tardigrade has drawn the community\u2019s attention to a bullish pattern on the Dogecoin price chart. Based on this development, the analyst provided insights into how high the <\/span>Dogecoin price<\/span><\/a> could rise in the short term.\u00a0<\/span><\/p>\n

Dogecoin Price Flashes Bullish Pennant<\/h2>\n

Trader Tardigrade<\/span><\/a> revealed in an X post that the Dogecoin price has reached the tip of a bullish pennant on the daily Heikin Ashi chart. With this occurrence, the analyst claimed a breakout was just around the corner. He added that an \u201ceasy target\u201d measured from the pennant pole is $0.18.\u00a0<\/span><\/p>\n

Related Reading: Ethereum Price At $10,000: Symmetrical Triangle Breakout Predicts Big Gains<\/a><\/div>\n
\"Dogecoin
Source: X<\/figcaption><\/figure>\n

The analyst\u2019s accompanying chart showed that the Dogecoin price could reach this target before the month ends. DOGE has already enjoyed a massive uptrend this month as <\/span>CryptoRank data<\/span><\/a> shows that the foremost meme coin is up over 22% in October, a monthly performance that has only been topped this year by its price gains in February and March.\u00a0<\/span><\/p>\n

However, a rise to $0.18 this month would match October\u2019s price gains with those recorded in February, when DOGE enjoyed a monthly return of 50%. In March, the Dogecoin price recorded a gain of 87% as it rose to a yearly high of $0.22.\u00a0<\/span><\/p>\n

The Dogecoin price uptrend this month is expected to extend until year-end and even continue in the new year, as crypto analyst <\/span>Dima James said<\/span><\/a> the price recovery trend will continue into 2025. Interestingly, the analyst predicted that DOGE could rally to as high as $10 and surpass it sometime next year. He made this prediction based on the 2021 bull pattern, which he claimed the meme coin is replicating again.\u00a0<\/span><\/p>\n

Meanwhile, Trader Tardigrade recently mentioned that the <\/span>Dogecoin price had replicated<\/span><\/a> a \u2018Reversal box\u2019 move from the 2021 bull run. Because of this pattern, the analyst predicted that DOGE could reach $3.7 next year.\u00a0<\/span><\/p>\n

The Run To A New All-Time High Of $3<\/h2>\n

Crypto analyst KrissPax has provided insights into how the Dogecoin price could run to this new <\/span>all-time high (ATH)<\/span><\/a> of $3. Using the law of diminishing returns, the analyst <\/span>mentioned<\/span><\/a> that he sees a resistance at $0.22, which, if DOGE breaks above, would send its price to $0.35, another resistance level.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?<\/a><\/div>\n
\"Dogecoin
Source: X<\/figcaption><\/figure>\n

He claimed that a successful break above that resistance level would send the Dogecoin price to its <\/span>current ATH of $0.73<\/span><\/a>. Once that is done, KrissPax predicts that the foremost meme coin will run to a new ATH at around $3 in 2025. In the meantime, DOGE needs to clear the $0.14 resistance, with a successful breakout possibly leading to the rally to $0.20.\u00a0<\/span><\/p>\n

At the time of writing, the Dogecoin price is trading at around $0.138, down in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"Dogecoin
DOGE price could retest support | Source: DOGEUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Trader Tardigrade has drawn the community\u2019s attention to a bullish pattern on the Dogecoin price chart. Based on this development, the analyst provided insights into how high the Dogecoin price could rise in the short term.\u00a0 Dogecoin Price Flashes Bullish Pennant Trader Tardigrade revealed in an X post that the Dogecoin price has reached the tip of a bullish pennant on the daily Heikin Ashi chart. With this occurrence, the analyst claimed a breakout was just around the corner. He added that an \u201ceasy target\u201d measured from the pennant pole is $0.18.\u00a0 Related Reading: Ethereum Price At $10,000: Symmetrical Triangle Breakout Predicts Big Gains The analyst\u2019s accompanying chart showed that the Dogecoin price could reach this target before the month ends. DOGE has already enjoyed a massive uptrend this month as CryptoRank data shows that the foremost meme coin is up over 22% in October, a monthly performance that has only been topped this year by its price gains in February and March.\u00a0 However, a rise to $0.18 this month would match October\u2019s price gains with those recorded in February, when DOGE enjoyed a monthly return of 50%. In March, the Dogecoin price recorded a gain of 87% as it rose to a yearly high of $0.22.\u00a0 The Dogecoin price uptrend this month is expected to extend until year-end and even continue in the new year, as crypto analyst Dima James said the price recovery trend will continue into 2025. Interestingly, the analyst predicted that DOGE could rally to as high as $10 and surpass it sometime next year. He made this prediction based on the 2021 bull pattern, which he claimed the meme coin is replicating again.\u00a0 Meanwhile, Trader Tardigrade recently mentioned that the Dogecoin price had replicated a \u2018Reversal box\u2019 move from the 2021 bull run. Because of this pattern, the analyst predicted that DOGE could reach $3.7 next year.\u00a0 The Run To A New All-Time High Of $3 Crypto analyst KrissPax has provided insights into how the Dogecoin price could run to this new all-time high (ATH) of $3. Using the law of diminishing returns, the analyst mentioned that he sees a resistance at $0.22, which, if DOGE breaks above, would send its price to $0.35, another resistance level.\u00a0 Related Reading: Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming? He claimed that a successful break above that resistance level would send the Dogecoin price to its current ATH of $0.73. Once that is done, KrissPax predicts that the foremost meme coin will run to a new ATH at around $3 in 2025. In the meantime, DOGE needs to clear the $0.14 resistance, with a successful breakout possibly leading to the rally to $0.20.\u00a0 At the time of writing, the Dogecoin price is trading at around $0.138, down in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":634624,"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":[167,6664,26263,14690,1785,89174,85675,7,1803,1804,79599,79600],"class_list":["post-649800","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-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\nDogecoin Price Flashes Bullish Pennant On Daily Heikin Ashi Chart, What This Means<\/title>\n<meta name=\"description\" content=\"Crypto analyst Trader Tardigrade has drawn the community\u2019s attention to a bullish pattern on the Dogecoin price chart.\" \/>\n<meta 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. 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 Price Flashes Bullish Pennant On Daily Heikin Ashi Chart, What This Means","url":"http:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-price-bullish-pennant\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-price-bullish-pennant\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/Dogecoin-from-iStock.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/Dogecoin-from-iStock.jpg?fit=612%2C408"},"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","dogecoin","dogecoin news","dogecoin price","dogeusd","dogeusdt"],"dateCreated":"2024-10-25T20:30:36Z","datePublished":"2024-10-25T20:30:36Z","dateModified":"2024-10-25T20:30:36Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Price Flashes Bullish Pennant On Daily Heikin Ashi Chart, What This Means\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/dogecoin\\\/dogecoin-price-bullish-pennant\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/dogecoin\\\/dogecoin-price-bullish-pennant\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/Dogecoin-from-iStock.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/Dogecoin-from-iStock.jpg?fit=612%2C408\"},\"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\",\"dogecoin\",\"dogecoin news\",\"dogecoin price\",\"dogeusd\",\"dogeusdt\"],\"dateCreated\":\"2024-10-25T20:30:36Z\",\"datePublished\":\"2024-10-25T20:30:36Z\",\"dateModified\":\"2024-10-25T20:30:36Z\"}<\/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\/08\/Dogecoin-from-iStock.jpg?fit=612%2C408","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/649800"}],"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=649800"}],"version-history":[{"count":1,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/649800\/revisions"}],"predecessor-version":[{"id":649814,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/649800\/revisions\/649814"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/634624"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=649800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=649800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=649800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}