{"id":556610,"date":"2023-10-23T11:50:03","date_gmt":"2023-10-23T11:50:03","guid":{"rendered":"https:\/\/wncen.com\/?p=556610"},"modified":"2024-06-11T09:26:36","modified_gmt":"2024-06-11T09:26:36","slug":"the-dogecoin-advance-a-double-digit-boost-in-the-cards","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/the-dogecoin-advance-a-double-digit-boost-in-the-cards\/","title":{"rendered":"The Dogecoin Advance: A Double-Digit Boost In The Cards?"},"content":{"rendered":"

Dogecoin (DOGE) remains a notable outlier in the cryptocurrency market, as it struggles to replicate the impressive price surges seen in other digital assets. However, all hope is not lost. Despite its lackluster performance, market expert Ali Martinez has offered a glimmer of hope for DOGE enthusiasts.\u00a0<\/span><\/p>\n

Martinez’s technical analysis<\/span><\/a>, based on the TD Sequential indicator, has signaled a potential uptrend for Dogecoin. However, investors should approach these predictions with caution, as the market’s volatility remains a significant factor.<\/span><\/p>\n

\n

#Dogecoin<\/a> appears ready to start a new uptrend!<\/p>\n

The TD Sequential presented a buy signal on $DOGE<\/a> weekly chart. A sustained close above $0.062 could result in an upswing to $0.070. pic.twitter.com\/XAGjXHMiOe<\/a><\/p>\n

\u2014 Ali (@ali_charts) October 21, 2023<\/a><\/p><\/blockquote>\n

Related Reading: Can Solana Sustain Its Recent Rally? What Traders Should Know<\/a><\/div>\n

A Promising Signal For DOGE’s Weekly Chart<\/strong><\/h2>\n

In a recent analysis, Ali Martinez dissected <\/span>Dogecoin’s price movements<\/span><\/a>, highlighting a potential shift in its fortunes. His study pinpointed a promising buy signal on DOGE’s weekly chart, suggesting that the meme coin might be gearing up for an upward trajectory.\u00a0<\/span><\/p>\n

The key to this potential breakthrough lies in DOGE’s ability to maintain a close above the $0.062 mark. If this level is sustained, it could trigger an upswing, propelling Dogecoin to reach $0.070, according to Martinez’s analysis.<\/span><\/p>\n

Currently, Dogecoin is valued at approximately $0.062736, as per <\/span>CoinGecko<\/span><\/a>. While it has recorded a 3.2% rally over the past 24 hours and a 4.0% surge in the last seven days, it still lags behind other cryptocurrencies that have witnessed more substantial gains during this period.<\/span><\/p>\n

Related Reading: Bitcoin Inches Away From Hitting $31,000 \u2013 How High Can BTC Go This Week?<\/a><\/div>\n

<\/h2>\n
DOGE market cap currently at $8.97 Billion. Chart: TradingView.com<\/a><\/pre>\n
Bullish Signals And Caution For DOGE Investors<\/strong><\/h2>\n
On the flip side, Martinez’s analysis also identifies potential risks for DOGE holders. Should the price of Dogecoin produce a daily candlestick close below the $0.0582 mark, it could establish a lower low, signaling a bearish trend. This could attract sellers and potentially lead to an 8.90% price drop, pushing DOGE down to $0.0550.<\/span><\/p>\n
Investors are urged to exercise caution as they navigate the volatile world of cryptocurrencies. While the weekend shows a <\/span>bullish outlook for Dogecoin<\/span><\/a>, it’s important to keep in mind that the start of a new week can reset existing market biases. With the crypto space constantly in flux, adopting a balanced and measured approach is imperative for those seeking to navigate the tumultuous terrain of digital assets.<\/span><\/p>\n
Dogecoin’s recent performance, while not as remarkable as other cryptocurrencies, has sparked optimism among some analysts like Ali Martinez. His technical analysis indicates the possibility of an upward trajectory if DOGE can maintain its position above the $0.062 mark.\u00a0<\/span><\/p>\n
(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n
Featured image from MoneyControl<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Dogecoin (DOGE) remains a notable outlier in the cryptocurrency market, as it struggles to replicate the impressive price surges seen in other digital assets. However, all hope is not lost. Despite its lackluster performance, market expert Ali Martinez has offered a glimmer of hope for DOGE enthusiasts.\u00a0 Martinez’s technical analysis, based on the TD Sequential indicator, has signaled a potential uptrend for Dogecoin. However, investors should approach these predictions with caution, as the market’s volatility remains a significant factor. #Dogecoin appears ready to start a new uptrend! The TD Sequential presented a buy signal on $DOGE weekly chart. A sustained close above $0.062 could result in an upswing to $0.070. pic.twitter.com\/XAGjXHMiOe \u2014 Ali (@ali_charts) October 21, 2023 Related Reading: Can Solana Sustain Its Recent Rally? What Traders Should Know A Promising Signal For DOGE’s Weekly Chart In a recent analysis, Ali Martinez dissected Dogecoin’s price movements, highlighting a potential shift in its fortunes. His study pinpointed a promising buy signal on DOGE’s weekly chart, suggesting that the meme coin might be gearing up for an upward trajectory.\u00a0 The key to this potential breakthrough lies in DOGE’s ability to maintain a close above the $0.062 mark. If this level is sustained, it could trigger an upswing, propelling Dogecoin to reach $0.070, according to Martinez’s analysis. Currently, Dogecoin is valued at approximately $0.062736, as per CoinGecko. While it has recorded a 3.2% rally over the past 24 hours and a 4.0% surge in the last seven days, it still lags behind other cryptocurrencies that have witnessed more substantial gains during this period. Related Reading: Bitcoin Inches Away From Hitting $31,000 \u2013 How High Can BTC Go This Week? DOGE market cap currently at $8.97 Billion. Chart: TradingView.com Bullish Signals And Caution For DOGE Investors On the flip side, Martinez’s analysis also identifies potential risks for DOGE holders. Should the price of Dogecoin produce a daily candlestick close below the $0.0582 mark, it could establish a lower low, signaling a bearish trend. This could attract sellers and potentially lead to an 8.90% price drop, pushing DOGE down to $0.0550. Investors are urged to exercise caution as they navigate the volatile world of cryptocurrencies. While the weekend shows a bullish outlook for Dogecoin, it’s important to keep in mind that the start of a new week can reset existing market biases. With the crypto space constantly in flux, adopting a balanced and measured approach is imperative for those seeking to navigate the tumultuous terrain of digital assets. Dogecoin’s recent performance, while not as remarkable as other cryptocurrencies, has sparked optimism among some analysts like Ali Martinez. His technical analysis indicates the possibility of an upward trajectory if DOGE can maintain its position above the $0.062 mark.\u00a0 (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from MoneyControl<\/p>\n","protected":false},"author":557,"featured_media":556622,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[1144,85675,7,8686,83767,4735],"class_list":["post-556610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-btcusd","tag-doge-price","tag-dogecoin","tag-ethusd","tag-meme-coins","tag-price-action"],"acf":[],"yoast_head":"\nThe Dogecoin Advance: A Double-Digit Boost In The Cards?<\/title>\n<meta name=\"description\" content=\"Dogecoin (DOGE) remains a notable outlier in the cryptocurrency market, as it struggles to replicate the impressive price surges seen in other digital\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"The Dogecoin Advance: A Double-Digit Boost In The Cards?","url":"http:\/\/wncen.com\/news\/dogecoin\/the-dogecoin-advance-a-double-digit-boost-in-the-cards\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/dogecoin\/the-dogecoin-advance-a-double-digit-boost-in-the-cards\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-91.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-91.png?fit=679%2C381"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["btcusd","doge price","dogecoin","ethusd","meme coins","price action"],"dateCreated":"2023-10-23T11:50:03Z","datePublished":"2023-10-23T11:50:03Z","dateModified":"2024-06-11T09:26:36Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"The Dogecoin Advance: A Double-Digit Boost In The Cards?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/the-dogecoin-advance-a-double-digit-boost-in-the-cards\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/the-dogecoin-advance-a-double-digit-boost-in-the-cards\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/a-91.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/a-91.png?fit=679%2C381\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"btcusd\",\"doge price\",\"dogecoin\",\"ethusd\",\"meme coins\",\"price action\"],\"dateCreated\":\"2023-10-23T11:50:03Z\",\"datePublished\":\"2023-10-23T11:50:03Z\",\"dateModified\":\"2024-06-11T09:26:36Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-91.png?fit=679%2C381","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/556610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=556610"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/556610\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/556622"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=556610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=556610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=556610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}