Monday, June 2, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Dogecoin

Dogecoin Above $0.1? Crypto Analyst Lists Reasons Why DOGE Price Will Continue To Rally

n70products by n70products
December 16, 2023
in Dogecoin
0
Dogecoin
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Dogecoin (DOGE) has been up near 75% within the final 45 days and if one analyst’s projection is something to go by, this rally isn’t coming to an finish anytime quickly. This comes at a time when many are hoping that DOGE can hit the $0.10 mark and presumably attain new highs. 

Why DOGE’s Future Is Bullish 

In a video posted on his YouTube Channel, crypto analyst Austin Hilton highlighted Dogecoin’s vital achieve within the final 45 days and mentioned the future trajectory of the meme coin. Austin sounded so bullish on DOGE as he gave the reason why he believes this rally will proceed. 

Firstly, he alluded to the truth that the crypto market as a complete was presently having fun with an upward pattern as liquidity was flowing into the ecosystem. He famous that Bitcoin and different main altcoins have picked up on account of this. DOGE hasn’t been left behind, because the meme coin can be using this wave. 

With this in thoughts, he believes that Dogecoin will proceed to rise as extra liquidity is anticipated to circulate into altcoins just like the meme coin. He attributed these inflows to the bullishness round Spot Bitcoin ETFs, which many expect the SEC to approve in January. 

The second cause why he’s bullish on DOGE’s future relies on his assertion that December occurs to be “very, excellent” for crypto. As such, he doesn’t count on this December to be any totally different. To date, this month has undoubtedly been good for the crypto market, and this momentum is prone to proceed as many place themselves forward of January. 

Dogecoin price chart from Tradingview.com

DOGE worth recovers towards $0.1 | Supply: DOGEUSD on Tradingview.com

Dogecoin Additionally Trying Good On The Charts

A number of crypto analysts have additionally weighed in on DOGE’s future trajectory from a technical evaluation perspective. Primarily based on their projections, the meme coin might finish the yr on a excessive and presumably get pleasure from related positive factors to the one it enjoyed in 2021. 

Particularly, crypto analyst JD lately famous that Dogecoin’s MACD (Shifting Common Convergence Divergence) was on the verge of getting one other bullish cross. The final time this occurred was in 2021, which led to the meme coin seeing a 370x achieve in its worth. Primarily based on the chart that JD shared, this bullish cross might occur once more in 2024.

Primarily based on one other crypto analyst’s projections, Dogecoin might achieve over 900% in a transfer that may see it rise to $0.7, And 2024 can be predicted to be the yr that this might occur. The basics additionally complement these technical analyses as there are plans in place to ship DOGE to the moon (and up the charts).

On the time of writing, DOGE is buying and selling at $0.09, up by over 1.50%, in accordance with data from CoinMarketCap.

Featured picture from The Coin Republic, chart from Tradingview.com

Disclaimer: The article is supplied for academic functions solely. It doesn’t signify the opinions of NewsBTC on whether or not to purchase, promote or maintain any investments and naturally investing carries dangers. You might be suggested to conduct your individual analysis earlier than making any funding choices. Use data supplied on this web site fully at your individual threat.



Source link

Tags: AnalystContinueCryptoDOGEDogecoinListsPriceRallyReasons
Previous Post

Blast Surpasses Cardano And Base

Next Post

Why Is Uniswap (UNI) Stuck?

Next Post
Uniswap Consolidates At $17: A Calm Before The Bullish Storm?

Why Is Uniswap (UNI) Stuck?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

SEC Likens Memecoins to Collectibles With ‘No Use’, Declares Meme Assets Are Not Securities

SEC Likens Memecoins to Collectibles With ‘No Use’, Declares Meme Assets Are Not Securities

March 1, 2025
Ethereum faces supply overhang as China eyes $1.3B ETH sale – What now?

Ethereum faces supply overhang as China eyes $1.3B ETH sale – What now?

October 11, 2024
Massachusetts subpoenas Robinhood over sports prediction markets

Massachusetts subpoenas Robinhood over sports prediction markets

March 25, 2025
Merge Data Challenge Results | Ethereum Foundation Blog

Merge Data Challenge Results | Ethereum Foundation Blog

February 5, 2024
Cloud Hashing and Rig Renting Services Review – Financial Underground Kingdom

Cloud Hashing and Rig Renting Services Review – Financial Underground Kingdom

December 22, 2023
Major Dogecoin Indicator Flashes Bullish, Is It Time To Buy?

Major Dogecoin Indicator Flashes Bullish, Is It Time To Buy?

September 4, 2024

Recent Posts

  • France Charges 25 Over Crypto Kidnapping Spree in Paris
  • Ethereum Pulls Back 10% But Holds Monthly Gains – Is The Next Pump Loading?
  • Traders shift strategies amid tariff turmoil

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

France Charges 25 Over Crypto Kidnapping Spree in Paris

France Charges 25 Over Crypto Kidnapping Spree in Paris

June 2, 2025
Ethereum Pulls Back 10% But Holds Monthly Gains – Is The Next Pump Loading?

Ethereum Pulls Back 10% But Holds Monthly Gains – Is The Next Pump Loading?

June 1, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version