{"id":183286,"date":"2023-10-29T21:17:38","date_gmt":"2023-10-29T15:47:38","guid":{"rendered":"https:\/\/dripp.zone\/news\/dogecoin-price-prediction-as-bullish-recovery-may-extend-20-crypto-news\/"},"modified":"2023-10-29T21:17:41","modified_gmt":"2023-10-29T15:47:41","slug":"dogecoin-price-prediction-as-bullish-recovery-may-extend-20-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dogecoin-price-prediction-as-bullish-recovery-may-extend-20-crypto-news\/","title":{"rendered":"Dogecoin Price Prediction As Bullish Recovery May Extend 20% &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-162744\">\n<p>\nDogecoin Price Prediction: The DOGE price sees a 20% growth in the near future but there\u2019s a catch\t\t\t\t<\/p>\n<p><!--\n     \n\n<div class=\"marketThumbs\">\n             <noscript><img width=\"1946\" height=\"1104\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Z8oayMMh.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Doge price\" decoding=\"async\" fetchpriority=\"high\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Z8oayMMh.png 1946w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Z8oayMMh-300x170.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Z8oayMMh-1224x694.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Z8oayMMh-768x436.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Z8oayMMh-1536x871.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/Z8oayMMh-150x85.png 150w\" sizes=\"(max-width: 1946px) 100vw, 1946px\" \/><\/noscript><\/div>\n\n\n--><\/p>\n<p class=\"MarketsUp f-14 d-block\">Published 11 mins ago  <\/p>\n<div class=\"Atcs\">\n<p><span style=\"font-weight: 400\">Dogecoin Price Prediction: Dogecoin buyers have shown a strong affinity for an ascending trendline that has acted as a dynamic support over the past two years. The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/dogecoin-price-prediction-as-pepe-coin-leads-meme-coins-rally-can-doge-hit-0-1\/\">most recent bounce<\/a> off this line happened on October 19th, pushing the price from $0.057 to $0.069\u2014a noteworthy 21.3% gain. Despite this positive momentum, the question lingers: Can this memecoin maintain its bullish trajectory amid the prevailing market uncertainties?<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/whale-dumps-24-mln-dogecoin-amid-elon-musk-x-plans\/\">Whale Dumps $24 Mln Dogecoin Amid Elon Musk\u2019s X Plans<\/a><\/p>\n<h2><b>Will the DOGE Price Hit the $0.1 Mark?<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">An ascending support trendline has been preventing Dogecoin from major correction.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">A bullish crossover between the 20-and-50-day EMA supports the current bullish upswing.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The 24-hour trading volume in Dogecoin is $182 Million, indicating a 65% loss.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\"><img decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"TradingView Chart\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/z\/Z8oayMMh.png\"\/><noscript><img decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/z\/Z8oayMMh.png\" alt=\"TradingView Chart\"\/><\/noscript>Source-Tradingview\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">For the past six months, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/dogecoin\/\">Dogecoin price<\/a> has been in a consolidation phase, bouncing off an ascending support trendline around the $0.055-$0.06 range on three occasions. These reversals suggest that buyers are active at these levels, seeing them as attractive entry points.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In addition, the sideways movement has also led to the formation of a bullish reversal pattern \u2018<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/double-bottom-pattern\/\">Double Bottom<\/a>\u2018 pattern. Fueled by this pattern and the broader market recovery, the Doge has risen to a current trading price of $0.69.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400\">While the continuation of this recovery seems valid, the coin experienced a minor pullback after hitting resistance around $0.075. If the asset manages to hold above the immediate support of $0.067, the buyers could extend its recovery by another 20% to reach the pattern\u2019s neckline at $0.085.\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">A break above this neckline would be a strong bullish signal, potentially initiating a rally beyond the $0.1 psychological barrier.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h2><b>Will Sideways Trend Continue?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Despite these optimistic short-term projections, the asset is expected to meet significant selling pressure around the $0.085 mark. This is due to the confluence with a downsloping resistance trendline that has historically triggered substantial corrections. If the asset begins to show signs of rejection at this level, it may bolster the continuation sideways trend.<\/span><\/p>\n<ul>\n<li><b>Average Directional Index: <\/b><span style=\"font-weight: 400\">The ADX slope currently sits around 35%, indicating that the existing bullish trend could be nearing its end.<\/span><\/li>\n<li><b>Exponential Moving Average: <\/b><span style=\"font-weight: 400\">The 200 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/exponential-moving-average-how-to-leverage-it-in-crypto-market\/\">EMA<\/a> is currently acting as a support level for potential pullbacks.<\/span><\/li>\n<\/ul><\/div>\n<div class=\"MarketBottm\">\n<div class=\"Socilsm\">\n<p>\n                    Share this article on:<\/p>\n<div class=\"LinksSo\">\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/share\/url?url=https:\/\/coingape.com\/markets\/dogecoin-price-prediction-as-bullish-recovery-may-extend-20-more\/&#038;text=Dogecoin Price Prediction As Bullish Recovery May Extend 20% More\" class=\"TeleS\"><i class=\"fa fa-paper-plane-o\"\/><\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/dogecoin-price-prediction-as-bullish-recovery-may-extend-20-more\/\" data-action=\"share\/whatsapp\/share\" class=\"TeleSwp\"><i class=\"fa fa-whatsapp\"\/><\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/share?url=https:\/\/coingape.com\/markets\/dogecoin-price-prediction-as-bullish-recovery-may-extend-20-more\/\" class=\"tw_new_logo\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" class=\"mb-1\" alt=\"coingape\" width=\"18\" height=\"18\" 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=\"18\" height=\"18\"\/><\/noscript><br \/>\n<\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/coingape.com\/markets\/dogecoin-price-prediction-as-bullish-recovery-may-extend-20-more\/\" class=\"TeleSFb\"><i class=\"fa fa-facebook\"\/><\/a>\n                    <\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA162744\">\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>Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading                         <\/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\/a533fdcf650a1d3d3b6a452bcef2d18a?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\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?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=\"TabD162744\">\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>     <!--           <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/category\/price-analysis\/\" class=\"closeArticle2 close-btn\">Close Story<\/a>--><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin Price Prediction: The DOGE price sees a 20% growth in the near future but there\u2019s a catch Published 11 mins ago Dogecoin Price Prediction: Dogecoin buyers have shown a strong affinity for an ascending trendline that has acted as a dynamic support over the past two years. The most recent bounce off this line [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":183287,"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-183286","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\/183286","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=183286"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/183286\/revisions"}],"predecessor-version":[{"id":183288,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/183286\/revisions\/183288"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/183287"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=183286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=183286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=183286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}