{"id":233898,"date":"2024-01-22T20:35:55","date_gmt":"2024-01-22T15:05:55","guid":{"rendered":"https:\/\/dripp.zone\/news\/will-doge-surpass-0-1-mark-before-january-end-crypto-news\/"},"modified":"2024-01-22T20:35:58","modified_gmt":"2024-01-22T15:05:58","slug":"will-doge-surpass-0-1-mark-before-january-end-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/will-doge-surpass-0-1-mark-before-january-end-crypto-news\/","title":{"rendered":"Will $DOGE Surpass $0.1 Mark Before January End? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-175955\">\n<p>\nDogecoin Price Prediction: The DOGE price reversal from key Fibonacci retracement level sets a new recovery to hit $0.1\t\t\t\t<\/p>\n<p><!--\n     \n\n<div class=\"marketThumbs\">\n             <noscript><img width=\"1200\" height=\"578\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/wOJt5Fbx-e1705935034193.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Dogecoin Price\" decoding=\"async\" fetchpriority=\"high\" \/><\/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: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/dogecoin-doge-price-jumps-11-as-new-memecoin-revival-begins\/?utm_source=sidebartabnews\">DOGE<\/a>, the native cryptocurrency of the largest memecoin Dogecoin, is demonstrating notable resilience in the face of the prevailing market slump, maintaining its value above the key support level of $0.075. On January 19th, Doge witnessed a remarkable rebound, surging 21% from this support level to reach a weekly peak of $0.096.\u00a0<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">This surge in value is largely attributed to the optimistic sentiment among Dogecoin investors, fueled by the anticipation that Platform X will adopt Doge as a payment option following the introduction of its dedicated payments account, @Xpayment.<\/span><\/p>\n<h2><b>Key Resistance Breakout Hints 27% Rally Ahead<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The DOGE price breakout from a downsloping trendline hints at the end of the correction trend.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A long-tail rejection candle in the daily chart indicates the asset is sustainable above the $0.082 mark.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The 24-hour trading volume in Dogecoin is $589.5 Million, indicating a 58% loss.<\/span><\/li>\n<\/ul>\n<figure style=\"width: 1946px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Dogecoin Price Prediction\" width=\"1946\" height=\"937\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/w\/wOJt5Fbx.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/w\/wOJt5Fbx.png\" alt=\"Dogecoin Price Prediction\" width=\"1946\" height=\"937\"\/><\/noscript><figcaption class=\"wp-caption-text\">Dogecoin Price Prediction| TradingView Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">During the recent downturn in the crypto market, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/dogecoin\/\">Dogecoin price<\/a> experienced a notable pullback from $0.106, entering a corrective phase in mid-December. This three-week market decline, guided by a descending trendline, saw the coin\u2019s value drop by 30% until it found reliable support at the $0.075 level.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Interestingly, this support point aligned with the 61.8% Fibonacci retracement level, setting a strong foundation for a potential buyer\u2019s comeback. On January 20th, the Dogecoin price marked an 11.7% increase, successfully breaking through the descending resistance trendline.\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">This positive shift in momentum coincided with the introduction of Platform X\u2019s payment service handle, @xpayments. This move has significantly energized <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/dogecoin-rises-9-is-xs-dedicated-payment-page-fueling-the-surge\/\">Dogecoin<\/a> enthusiasts, boosting expectations for the cryptocurrency\u2019s adoption as a valid payment option on the platform.<\/span><\/p>\n<\/blockquote>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">As of the latest update, Dogecoin is trading at $0.082, endeavoring to maintain its position above the recently breached trendline. If the buying interest continues, there is a potential for the coin to witness a 27.5% surge, aiming to retest the $0.106 resistance high.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This bullish scenario hinges on the sustained buying pressure and market sentiment around Dogecoin\u2019s possible integration into mainstream payment platforms.<\/span><\/p>\n<h2><b>Is Dogecoin Price Ready for Uptrend?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Although the immediate outlook for Dogecoin appears bullish, a broader examination of its long-term chart reveals a period of sideways trading that has persisted for nearly two months. This phase of consolidation is characterized by two converging trend lines, forming what is known as a symmetrical triangle pattern.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">The expected rally towards the $0.106 mark is particularly significant as it not only represents an upward movement in price but also signals a potential bullish breakout from the upper boundary of this symmetrical triangle. Such a breakout could provide buyers with a crucial opportunity to break free from the ongoing sideways trend, ushering in a new phase of upward momentum for Dogecoin<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Directional Moving Index: <\/b><span style=\"font-weight: 400;\">A bullish crossover between MACD and a signal the asset is returning to a recovery state\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Exponential Moving Average<\/b><span style=\"font-weight: 400;\">: The Dogecoin price jump above the daily <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/exponential-moving-average-how-to-leverage-it-in-crypto-market\/\">EMAs<\/a>(20, 50, 100, and 200) offers an additional edge to market buyers.<\/span><\/li>\n<\/ul>\n<h3>Related Articles:<\/h3>\n<p>\u00a0<\/p>\n<\/p><\/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-will-doge-surpass-0-1-january-end\/&#038;text=Dogecoin Price Prediction: Will $DOGE Surpass $0.1 Mark Before January End?\" 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-will-doge-surpass-0-1-january-end\/\" 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-will-doge-surpass-0-1-january-end\/\" 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-will-doge-surpass-0-1-january-end\/\" 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=\"TabA175955\">\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=\"TabD175955\">\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 reversal from key Fibonacci retracement level sets a new recovery to hit $0.1 Published 11 mins ago Dogecoin Price Prediction: DOGE, the native cryptocurrency of the largest memecoin Dogecoin, is demonstrating notable resilience in the face of the prevailing market slump, maintaining its value above the key support level [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":233899,"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-233898","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\/233898","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=233898"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/233898\/revisions"}],"predecessor-version":[{"id":233900,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/233898\/revisions\/233900"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/233899"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=233898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=233898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=233898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}