Price: $0.19537 -0.9656%
Market Cap: 28.66B 1.1394%
Volume (24h): 4.3B 0.2%
Dominance: 1.1394%
Price: $0.19537 -0.9656%
Market Cap: 28.66B 1.1394%
Volume (24h): 4.3B 0.2%
Dominance: 1.1394% 1.1394%
  • Price: $0.19537 -0.9656%
  • Market Cap: 28.66B 1.1394%
  • Volume (24h): 4.3B 0.2%
  • Dominance: 1.1394% 1.1394%
  • Price: $0.19537 -0.9656%
Home > Information news > Dogecoin (DOGE) Eyes Crazy Price Pump If This Pattern Plays Out

Dogecoin (DOGE) Eyes Crazy Price Pump If This Pattern Plays Out

Release: 2024/04/21 18:00 Reading: 649

Original author:U_Today

Original source:https://coinmarketcap.com/community/articles/6624decfca41ae6f161957f1

Dogecoin (DOGE) Eyes Crazy Price Pump If This Pattern Plays Out

Dogecoin (DOGE) enthusiasts better be on the edge of their seats as prominent crypto analyst Ali Martinez reveals a potentially game-changing development. Expert's analysis indicates that the TD Sequential, a renowned technical indicator, has printed a buy signal on Dogecoin's daily chart.

This signal suggests a looming upswing lasting anywhere from one to four days, signaling exciting times ahead for the main meme-inspired cryptocurrency.

For the unfamiliar, the TD Sequential works by identifying potential exhaustion points in a market trend. When the indicator flashes a buy signal, as it has now for DOGE, it implies that the current downward trend might be nearing its end, potentially paving the way for an upward surge in prices.

The TD Sequential has flashed a buy signal on the #Dogecoin daily chart, indicating a potential upswing of one to four days for $DOGE! pic.twitter.com/GOmTCp0wCw

— Ali (@ali_charts) April 20, 2024

Dogecoin (DOGE) price outlook

At present, Dogecoin is trading at $0.163 per DOGE, reflecting relatively steady performance over the course of the week. Despite starting with a modest gain of 0.67%, a closer examination of the weekly chart unveils a more significant uptrend, with DOGE climbing by 16% from its weekly low of $0.139.

Notably, in the past 24 hours, Dogecoin has demonstrated strong momentum, surging by over 5.6% and outperforming many of its counterparts to claim a leading position among the top 10 cryptocurrencies by market capitalization.

Martinez refrains from offering concrete price predictions for Dogecoin. However, if the TD Sequential's signal proves accurate, it could mean that the recent local high of around $0.2 may not be the final destination for DOGE's price journey.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.