{"id":22919,"date":"2025-04-30T02:00:12","date_gmt":"2025-04-30T02:00:12","guid":{"rendered":"https:\/\/cryptd.in\/en\/dont-blink-dogecoin-may-create-millionaires-this-quarter-analyst-says\/"},"modified":"2025-04-30T02:00:12","modified_gmt":"2025-04-30T02:00:12","slug":"dont-blink-dogecoin-may-create-millionaires-this-quarter-analyst-says","status":"publish","type":"post","link":"https:\/\/cryptd.in\/nb\/dont-blink-dogecoin-may-create-millionaires-this-quarter-analyst-says\/","title":{"rendered":"Don\u2019t Blink\u2014Dogecoin May Create Millionaires This Quarter, Analyst Says"},"content":{"rendered":"<p>A recent technical report indicates Dogecoin (DOGE) could be on the verge of a significant price increase in the next few months. The meme coin, which is now <a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogecoin\" target=\"_blank\" rel=\"noopener nofollow\">trading at $0.17<\/a>, has recorded a 10% gain in the last week and continues to be up 11% over a 14-day period.<\/p>\n<h2><strong>Bullish Divergence Indicates Possible Upswing<\/strong><\/h2>\n<p>Based on Crypto Bio\u2019s <a href=\"https:\/\/x.com\/CryptoBio_\/status\/1916447693519389069?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">analysis<\/a>, two separate bullish divergence patterns have emerged on Dogecoin\u2019s chart. The first was seen between June and August 2024, when prices fell to between $0.07 and $0.09 while the Relative Strength Index (RSI) made higher lows. It was followed by a large-scale rally that saw DOGE rise above $0.40 by December 2024.<\/p>\n<p><img decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/qQnhFTzl\/\" width=\"1835\" height=\"883\" loading=\"lazy\" \/><\/p>\n<p>Another pattern with a similar scenario has been developed between the periods of March and April 2025. Although Dogecoin\u2019s value printed lower lows near $0.1300, the RSI once more produced higher lows. Based on such technical features, certain experts anticipate that DOGE might find itself at $0.5 over the coming two or three months.<\/p>\n<h2><strong>The Math Behind \u2018Dogecoin Millionaires\u2019<\/strong><\/h2>\n<p>There are discussions about new \u2018Dogecoin millionaires\u2019 that have excited investors. The figures, though, paint a more serious picture. Assuming a price of $0.5, a $10,000 investment would become around $27,530 \u2013 a gain of $17,530.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$DOGE<\/a> is waking up. The same signs, the same setup.<\/p>\n<p>Millionaires will be made in the next 2-3 months!<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" \/><a href=\"https:\/\/twitter.com\/hashtag\/DOGECOIN?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#DOGECOIN<\/a> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f680.png\" alt=\"\ud83d\ude80\" class=\"wp-smiley\" \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f680.png\" alt=\"\ud83d\ude80\" class=\"wp-smiley\" \/> <a href=\"https:\/\/t.co\/mKQjjglJiO\" rel=\"nofollow\">pic.twitter.com\/mKQjjglJiO<\/a><\/p>\n<p>\u2014 Crypto Bio (@CryptoBio_) <a href=\"https:\/\/twitter.com\/CryptoBio_\/status\/1916447693519389069?ref_src=twsrc%5Etfw\" rel=\"nofollow\">April 27, 2025<\/a><\/p>\n<\/blockquote>\n<p>In order to actually become a millionaire if DOGE reaches $0.5, an investor would need to have around 2 million coins, currently valued at around $360,000. According to Crypto Bio, given all these figures and probabilities, \u201cmillionaires will be made in the next two to three months.\u201d<\/p>\n<p>This reality check underscores the vast amount of money required to meet the \u2018millionaire\u2019 goal that is utilized to recruit prospective investors in the cryptocurrency.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"aligncenter size-full wp-image-740272\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/04\/A_d4dc42.png?resize=1024%2C611\" alt=\"\" width=\"1024\" height=\"611\" loading=\"lazy\" \/><\/p>\n<p><strong>Technical Support From Parabolic Trendline<\/strong><\/p>\n<p>Another analyst, \u201cabermix,\u201d notes that Dogecoin is presently riding a long-term parabolic trendline that started around $0.05 during 2022-2023. Although there were numerous tries to fall below this curve at different price levels ($0.06, $0.08, and $0.14), DOGE has repeatedly jumped back to hold ground above the line.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$doge<\/a> is conforming to this parabolic trendline at the moment<\/p>\n<p>idk if it\u2019s valid but it looks like it xD<\/p>\n<p>can we expect a bounce soon?<a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Dogecoin<\/a> <a href=\"https:\/\/t.co\/moQHd7WCpt\" rel=\"nofollow\">pic.twitter.com\/moQHd7WCpt<\/a><\/p>\n<p>\u2014 abermix (@abermixcrypto) <a href=\"https:\/\/twitter.com\/abermixcrypto\/status\/1916387525909713335?ref_src=twsrc%5Etfw\" rel=\"nofollow\">April 27, 2025<\/a><\/p>\n<\/blockquote>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"aligncenter size-full wp-image-740299\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/04\/A_7ac677.png?resize=1024%2C522\" alt=\"\" width=\"1024\" height=\"522\" loading=\"lazy\" \/><\/p>\n<p>The price is trading slightly below both short-term and long-term exponential moving averages (EMAs) currently. Experts believe that a breakout above $0.20 will validate a larger trend reversal and open the doors for further advances.<\/p>\n<p><strong>Falling Wedge Formation Adds To Bullish Outlook<\/strong><\/p>\n<p>According to April 25 reports, Dogecoin has extricated itself from a <a href=\"https:\/\/www.investopedia.com\/terms\/w\/wedge.asp\" target=\"_blank\" rel=\"noopener nofollow\">\u201cfalling wedge\u201d<\/a> formation that had placed it in a downtrend for many months. Previous levels of resistance were tested in February at $0.28 and April at $0.16.<\/p>\n<p>Market observers comment that although these technical indicators look encouraging, <a href=\"https:\/\/coinmarketcap.com\/currencies\/dogecoin\/\" target=\"_blank\" rel=\"noopener nofollow\">cryptocurrency<\/a> prices are extremely volatile. The present price movement comes after several months of horizontal trading following DOGE\u2019s peak at $0.19, and any investment choice should account for the volatility of the market.<\/p>\n<p><em>Featured image from Gemini Imagen, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>A recent technical report indicates Dogecoin (DOGE) could be on the verge of a significant price increase in the next few months. The meme coin, which is now trading at $0.17, has recorded a 10% gain in the last week and continues to be up 11% over a 14-day period. Bullish Divergence Indicates Possible Upswing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[21],"class_list":["post-22919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds","tag-dogecoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Don\u2019t Blink\u2014Dogecoin May Create Millionaires This Quarter, Analyst Says - 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\/nb\/dont-blink-dogecoin-may-create-millionaires-this-quarter-analyst-says\/\" \/>\n<meta property=\"og:locale\" content=\"nb_NO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Don\u2019t Blink\u2014Dogecoin May Create Millionaires This Quarter, Analyst Says - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"A recent technical report indicates Dogecoin (DOGE) could be on the verge of a significant price increase in the next few months. 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