{"id":239160,"date":"2024-01-31T23:10:16","date_gmt":"2024-01-31T17:40:16","guid":{"rendered":"https:\/\/dripp.zone\/news\/dogecoin-to-pump-to-1-in-feb-if-network-activity-keeps-surging-crypto-news\/"},"modified":"2024-01-31T23:10:20","modified_gmt":"2024-01-31T17:40:20","slug":"dogecoin-to-pump-to-1-in-feb-if-network-activity-keeps-surging-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dogecoin-to-pump-to-1-in-feb-if-network-activity-keeps-surging-crypto-news\/","title":{"rendered":"Dogecoin To Pump To $1 In Feb If Network Activity Keeps Surging &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-177771\">\n<p>\nDogecoin price prediction reveals a potential resurgence as market dynamics display mixed signals, with key indicators pointing towards future trends.\t\t\t\t<\/p>\n<div class=\"marketThumbs\">\n             <noscript><img width=\"1200\" height=\"600\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/dog-768x505-1-1.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Dogecoin price\" decoding=\"async\" fetchpriority=\"high\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/dog-768x505-1-1.jpg 1200w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/dog-768x505-1-1-300x150.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/dog-768x505-1-1-768x384.jpg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/dog-768x505-1-1-150x75.jpg 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><\/noscript><\/div>\n<p class=\"MarketsUp f-14 d-block\">  Published 9 seconds ago <\/p>\n<div class=\"Atcs\">\n<p><span style=\"font-weight: 400;\">Dogecoin price is experiencing a notable resurgence as the crypto market shows signs of revival this February. The meme-inspired digital currency is currently trading at $0.07897. This represents a slight drop of over 2% in the last day.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/dogecoin\/\"><span style=\"font-weight: 400;\">price of Dogecoin<\/span><\/a><span style=\"font-weight: 400;\"> has recently been oscillating between $0.07700 and $0.08200. Despite initial bullish trends, it failed to maintain momentum, falling below its previous support level. The past several days have showcased an overall bullish pattern, with the weekend particularly witnessing a modest increase of over 5%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The 24-hour trading volume has also significantly decreased, plunging by over 21% to a value of $304 million, ranked 10th in market capitalization, according to <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/dogecoin\/\"><span style=\"font-weight: 400;\">CoinMarketCap<\/span><\/a>. Dogecoin\u2019s<span style=\"font-weight: 400;\">\u00a0market value stands at around $11 billion.\u00a0<\/span><\/p>\n<figure id=\"attachment_177772\" aria-describedby=\"caption-attachment-177772\" style=\"width: 1224px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/lU7q75mz-e1706721633924.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-177772 size-large\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Dogecoin Price\" width=\"1224\" height=\"643\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/lU7q75mz-1224x643.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-177772 size-large\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/lU7q75mz-1224x643.png\" alt=\"Dogecoin Price\" width=\"1224\" height=\"643\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-177772\" class=\"wp-caption-text\">Dogecoin price chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Over the past few weeks, the crypto market has been marked by considerable price volatility, especially among major altcoins. This reflects the diverse sentiments prevailing in the market. Despite these fluctuations, market analysts maintain a positive outlook on Dogecoin\u2019s potential for growth.<\/span><\/p>\n<h2><strong>Dogecoin Price Prediction: Recent Market Fluctuations<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The current market dynamics suggest an interesting phase for <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/dogecoin-doge-price-jumps-11-as-new-memecoin-revival-begins\/?utm_source=sidebartabnews\"><span style=\"font-weight: 400;\">Dogecoin price<\/span><\/a><span style=\"font-weight: 400;\"> as it navigates through these mixed sentiments and price changes. The digital currency\u2019s community and market watchers closely monitor these developments, anticipating its next move in the ever-evolving crypto landscape.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In a recent tweet on January 30th, renowned cryptocurrency analyst Ali highlighted Dogecoin\u2019s significant network growth. This meme-based cryptocurrency has experienced a remarkable 1,100% increase in new address formations over the past week.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Dogecoin<\/a> network is witnessing a remarkable surge in growth, with new addresses increasing by a staggering 1,100% over the past week! <\/p>\n<p>On January 29 alone, a record-breaking 247,240 new <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/DOGE?src=hash&#038;ref_src=twsrc%5Etfw\">#DOGE<\/a> addresses were created, marking an all-time high. A sustained uptrend in network\u2026 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/7tNAPzJaP2\">pic.twitter.com\/7tNAPzJaP2<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ali_charts\/status\/1752256455762194482?ref_src=twsrc%5Etfw\">January 30, 2024<\/a><\/p>\n<\/blockquote>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">This substantial rise in network activity was particularly notable on January 29th, 2024. That day, the network created 247,240 new DOGE addresses, a record high for the coin. Such an upsurge in network expansion is often seen as a positive indicator of the cryptocurrency\u2019s value.<\/span><\/p>\n<h2><strong>Dogecoin Price Prediction: Potential for Upward Momentum<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">If the bulls keep the <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/dogecoin-price-prediction-will-doge-surpass-0-1-january-end\/\"><span style=\"font-weight: 400;\">Dogecoin<\/span><\/a><span style=\"font-weight: 400;\"> price above the crucial $0.080 support level, it will challenge its next resistance at $0.09. Sustaining this level could pave the way for DOGE to aim for a higher resistance mark at $1. This scenario hinges on the market\u2019s ability to maintain its current momentum.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, there\u2019s a flip side to consider. DOGE\u2019s price may decline if market momentum falters, testing the $0.075 support level. In a bear-dominated market, DOGE might even face a steeper fall, potentially reaching down to test a lower support threshold of $0.07 in the foreseeable future. The daily candlestick displays a pronounced long-tail rejection, indicative of a strong buying interest at this lower support level.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Moving Average Convergence Divergence (MACD) shows a diminishing red histogram. This trend is typically interpreted as a sign of increasing bullish momentum in the market. Furthermore, the moving averages are hinting at an impending bullish crossover. This suggests that significant price shifts could be on the horizon.<\/span><\/p>\n<figure id=\"attachment_177773\" aria-describedby=\"caption-attachment-177773\" style=\"width: 1060px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/Dogecoin-Price.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-177773 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Dogecoin Price\" width=\"1060\" height=\"475\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/Dogecoin-Price.png 1060w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/Dogecoin-Price-300x134.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/Dogecoin-Price-768x344.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/Dogecoin-Price-150x67.png 150w\" data-lazy-sizes=\"(max-width: 1060px) 100vw, 1060px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/Dogecoin-Price.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-177773 size-full\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/Dogecoin-Price.png\" alt=\"Dogecoin Price\" width=\"1060\" height=\"475\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/Dogecoin-Price.png 1060w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/Dogecoin-Price-300x134.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/Dogecoin-Price-768x344.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/Dogecoin-Price-150x67.png 150w\" sizes=\"auto, (max-width: 1060px) 100vw, 1060px\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-177773\" class=\"wp-caption-text\">Dogecoin price chart: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/LkYB9Mxn\/?symbol=COINBASE%3ADOGEUSD\">TradingView<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Meanwhile, the Relative Strength Index (RSI) holds a neutral stance, reflected in its horizontal trajectory. This indicates a lack of a definitive market trend. These combined indicators suggest that the market could be at a critical juncture. While there appears to be a lean towards a bullish sentiment, the market is still in a phase of anticipation, waiting for a more decisive signal.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">Related Articles<\/span><\/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-to-pump-to-1-in-february-if-network-activity-keeps-surging\/&#038;text=Dogecoin Price To Pump To $1 In February If Network Activity Keeps Surging\" 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-to-pump-to-1-in-february-if-network-activity-keeps-surging\/\" 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-to-pump-to-1-in-february-if-network-activity-keeps-surging\/\" 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-to-pump-to-1-in-february-if-network-activity-keeps-surging\/\" 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=\"TabA177771\">\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>CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.                         <\/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\/452042cc86ff4d4cff7e64f282bd5358?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\/452042cc86ff4d4cff7e64f282bd5358?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?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=\"TabD177771\">\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 reveals a potential resurgence as market dynamics display mixed signals, with key indicators pointing towards future trends. Published 9 seconds ago Dogecoin price is experiencing a notable resurgence as the crypto market shows signs of revival this February. The meme-inspired digital currency is currently trading at $0.07897. This represents a slight drop [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":239161,"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-239160","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\/239160","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=239160"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/239160\/revisions"}],"predecessor-version":[{"id":239162,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/239160\/revisions\/239162"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/239161"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=239160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=239160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=239160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}