{"id":3925,"date":"2024-07-28T23:07:45","date_gmt":"2024-07-28T23:07:45","guid":{"rendered":"https:\/\/cryptd.in\/this-popular-analyst-remains-a-dogecoin-doge-holder-and-expects-a-new-ath-soon-details\/"},"modified":"2024-07-28T23:07:45","modified_gmt":"2024-07-28T23:07:45","slug":"this-popular-analyst-remains-a-dogecoin-doge-holder-and-expects-a-new-ath-soon-details","status":"publish","type":"post","link":"https:\/\/cryptd.in\/es\/this-popular-analyst-remains-a-dogecoin-doge-holder-and-expects-a-new-ath-soon-details\/","title":{"rendered":"This Popular Analyst Remains a Dogecoin (DOGE) Holder and Expects a New ATH Soon: Details"},"content":{"rendered":"<p><strong>TL;DR<\/strong><\/p>\n<p>Dogecoin (DOGE) is up 5% daily with one analyst predicting a significant rally based on historical patterns.<br \/>\nSome important metrics, such as the Relative Strength Index (RSI), also indicate a potential upcoming uptrend.<\/p>\n<h2><span><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/07\/DOGE_CB-4.jpg\"><\/a><\/span><\/h2>\n<h2>Not Selling a Single Coin<\/h2>\n<p><span>The largest meme coin in terms of market capitalization<\/span><span> \u2013 <\/span><span>Dogecoin (DOGE)<\/span><span> \u2013 <\/span><span>performed quite well in the last week, witnessing a 7% price increase. In the past few days though, it briefly lost <\/span><span>the<\/span><span> momentum, with its price slipping to around $0.12 before spiking to $0.13 again (CoinGecko\u2019s data).<br \/>\n<\/span><\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/07\/DOGE-Price.png\"><\/a>DOGE Price, Source: CoinGecko<\/p>\n<p><span>According to the popular X user Ali Martinez<\/span><span>, though<\/span><span>, those price swings are part of a bullish path that could take DOGE to a new all-time high in the following months.<\/span><span> \u00c9l <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/ali_charts\/status\/1816353688899969196\" target=\"_blank\" rel=\"noopener\"><span>noted<\/span><\/a><span> that the meme coin consolidated in a descending triangle in 2016 and 2021, followed by a triple-digit price rally later. The situation looks quite the same now, with Ali Martinez expecting a similar surge in the near term:<\/span><\/p>\n<p><span>\u201cDogecoin is playing the same pattern we\u2019ve seen before. It consolidates in a descending triangle, sees a 140% to 230% rally, and retraces by 56% to 60% before entering a bull run.\u201d<\/span><\/p>\n<p><span>The trader also admitted that he has only been buying more DOGE tokens as of late, not parting with a single one.<\/span><\/p>\n<p><span>Other analysts envisioning a bright future for the meme coin include the X user Mags and KALEO. <\/span><span>The former chipped in last month, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/is-dogecoin-ready-to-reach-the-1-milestone-analysts-with-interesting-doge-price-predictions\/\" target=\"_blank\" rel=\"noopener\"><span>claiming<\/span><\/a><span> that the accumulation phase was over and <\/span><span>it soon might<\/span><span> be followed by a \u201cparabola\u201d stage that could push the price above $1.<\/span><\/p>\n<p><span>For their part, KALEO argued that DOGE has the \u201csecret\u201d power to move sideways for extended periods, followed by \u201crapid, vertical growth.\u201d The analyst went further, predicting that it may <\/span><span>even<\/span><span> outpace Bitcoin (BTC).<\/span><\/p>\n<h2><span>This Metric Signals an Uptrend<\/span><\/h2>\n<p><span>The DOGE Relative Strength Index (RSI) also suggests an incoming rally. It measures the change and speed of price movements, varying from 0 to 100. A ratio above 70 indicates a correction might be imminent, while lower points hint about an uptick. Currently, the RSI <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.cryptowaves.app\/relative-strength-index\/DOGE\" target=\"_blank\" rel=\"noopener\"><span>stands<\/span><\/a><span> at 50.<\/span><\/p>\n<p><span>It is worth noting that the metric hovered in approximately the same zone at the end of March and the beginning of April when DOGE\u2019s valuation jumped above $0.22.<\/span><\/p>\n<p>El puesto <a href=\"https:\/\/cryptopotato.com\/this-popular-analyst-remains-a-dogecoin-doge-holder-and-expects-a-new-ath-soon-details\/\">This Popular Analyst Remains a Dogecoin (DOGE) Holder and Expects a New ATH Soon: Details<\/a> apareci\u00f3 por primera vez en <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>TL;DR Dogecoin (DOGE) is up 5% daily with one analyst predicting a significant rally based on historical patterns. Some important metrics, such as the Relative Strength Index (RSI), also indicate a potential upcoming uptrend. Not Selling a Single Coin The largest meme coin in terms of market capitalization \u2013 Dogecoin (DOGE) \u2013 performed quite well [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":3926,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3925","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>This Popular Analyst Remains a Dogecoin (DOGE) Holder and Expects a New ATH Soon: Details - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/es\/this-popular-analyst-remains-a-dogecoin-doge-holder-and-expects-a-new-ath-soon-details\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"This Popular Analyst Remains a Dogecoin (DOGE) Holder and Expects a New ATH Soon: Details - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"TL;DR Dogecoin (DOGE) is up 5% daily with one analyst predicting a significant rally based on historical patterns. Some important metrics, such as the Relative Strength Index (RSI), also indicate a potential upcoming uptrend. 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