{"id":174101,"date":"2023-10-14T14:27:26","date_gmt":"2023-10-14T08:57:26","guid":{"rendered":"https:\/\/dripp.zone\/news\/dogecoin-can-be-gearing-for-a-multi-year-breakout-crypto-news\/"},"modified":"2023-10-14T14:27:28","modified_gmt":"2023-10-14T08:57:28","slug":"dogecoin-can-be-gearing-for-a-multi-year-breakout-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dogecoin-can-be-gearing-for-a-multi-year-breakout-crypto-news\/","title":{"rendered":"Dogecoin Can Be Gearing for a Multi-Year Breakout &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Despite the bounce back of the broader crypto market in 2023, memecoins have delivered a subdued performance. After dropping a few ranks recently, memecoin DOGE is now eyeing for a breakout on the multi-year chart.<\/p>\n<p>Popular crypto analyst Ali Martinez stated that Dogecoin is nearing the apex of a multi-year descending triangle formation.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>A weekly candlestick closure above $0.0835 might initiate the start of a new bullish run for $DOGE, possibly heading towards $1. However, investors need to warrant caution concerning the $0.0482 support; any indications of vulnerability around this level could result in a new yearly low, he <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ali_charts\/status\/1712916304850493469\">added<\/a>.<\/p>\n<figure id=\"attachment_161470\" aria-describedby=\"caption-attachment-161470\" style=\"width: 2138px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-161470\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-chart.jpeg\" alt=\"\" width=\"2138\" height=\"1496\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-chart.jpeg 2138w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-chart-300x210.jpeg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-chart-1224x856.jpeg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-chart-768x537.jpeg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-chart-1536x1075.jpeg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-chart-2048x1433.jpeg 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-DOGE-chart-150x105.jpeg 150w\" sizes=\"auto, (max-width: 2138px) 100vw, 2138px\"\/><\/noscript><figcaption id=\"caption-attachment-161470\" class=\"wp-caption-text\">Courtesy: Ali Charts<\/figcaption><\/figure>\n<p>As of press time, Dogecoin is trading 1.18% up at a price of $0.058 and a market cap of $8.28 billion. The recent overselling observed in DOGE over the past few months could position it for a robust comeback, potentially setting the cryptocurrency up for a strong finish to the year.<\/p>\n<h3>Dogecoin Price Prediction<\/h3>\n<p>Relying exclusively on technical indicators, numerous analysts anticipate an imminent recovery for DOGE.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>The relative strength index (RSI) has nearly touched the 30 mark once more, following nearly two months spent below 50, often dipping below 40 or even lower during this time.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-161471\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"2640\" height=\"1564\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart.jpeg 2640w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart-300x178.jpeg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart-1224x725.jpeg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart-768x455.jpeg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart-1536x910.jpeg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart-2048x1213.jpeg 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart-150x89.jpeg 150w\" data-lazy-sizes=\"(max-width: 2640px) 100vw, 2640px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart.jpeg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-161471\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart.jpeg\" alt=\"\" width=\"2640\" height=\"1564\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart.jpeg 2640w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart-300x178.jpeg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart-1224x725.jpeg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart-768x455.jpeg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart-1536x910.jpeg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart-2048x1213.jpeg 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Dogecoin-Technical-Chart-150x89.jpeg 150w\" sizes=\"auto, (max-width: 2640px) 100vw, 2640px\"\/><\/noscript><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>Moreover, DOGE\u2019s 30-day exponential moving average (EMA) has remained notably below its 200-day average for several months, signaling that the coin is substantially undervalued and poised for a potential uptrend.<\/p>\n<p>However, investors also need to be cautious as Dogecoin has been constantly losing support hinting at the strong grip of the bears. Recently, it broke down under the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/will-doge-price-rebound-from-0-055-multi-month-support\/\">crucial support level<\/a> of $0.60.<\/p>\n<p>Furthermore, the prevailing sentiment indicates that whales are more inclined to offload the token rather than accumulate it, as evident from recent substantial transfers.<\/p>\n<p>Additionally, a significant indication of weakness lies in the declining 24-hour trading volume of DOGE, plummeting from a peak of $9 billion in November last year to approximately $175 million today. This decline serves as yet another testament to the waning market interest in the coin.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/dogecoin-doge-gearing-for-a-multi-year-breakout-now-is-the-time-to-buy\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/dogecoin-doge-gearing-for-a-multi-year-breakout-now-is-the-time-to-buy\/\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20834%20833'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20834%20833'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA161462\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD161462\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/twitter-is-now-worth-just-33-of-elon-musks-purchase-price\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20640%20853'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\" decoding=\"async\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\" decoding=\"async\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Twitter is now worth just 33% of Elon Musk\u2019s purchase price <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n              \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/will-cramer-curse-strike-again\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20640%20853'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"will_cramer_curse_strike_again_720\" decoding=\"async\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/will_cramer_curse_strike_again_720.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/will_cramer_curse_strike_again_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"will_cramer_curse_strike_again_720\" decoding=\"async\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Will Cramer Curse Strike Again? 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After dropping a few ranks recently, memecoin DOGE is now eyeing for a breakout on the multi-year chart. Popular crypto analyst Ali Martinez stated that Dogecoin is nearing the apex of a multi-year descending triangle formation. A weekly [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":174102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-174101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/174101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=174101"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/174101\/revisions"}],"predecessor-version":[{"id":174103,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/174101\/revisions\/174103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/174102"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=174101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=174101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=174101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}