{"id":557399,"date":"2023-10-25T06:00:41","date_gmt":"2023-10-25T06:00:41","guid":{"rendered":"https:\/\/wncen.com\/?p=557399"},"modified":"2023-10-25T04:45:20","modified_gmt":"2023-10-25T04:45:20","slug":"dogecoin-aggressive-13-surge","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin-aggressive-13-surge\/","title":{"rendered":"Dogecoin Aggressive 12% Leap: Fear\/Greed Index Uncovers Bullish Sentiment Secrets"},"content":{"rendered":"

Dogecoin has been showing renewed exuberance with impressive figures this week, surging to an intraday high of $0.06525 Tuesday. This substantial rally allowed the cryptocurrency to surpass a significant resistance level positioned at $0.0640.<\/p>\n

Notably, this price breakthrough represented a momentous achievement for Dogecoin, as it hadn’t reached such heights since August 31. The cryptocurrency’s remarkable rebound from a low of $0.06068 indicated a resurgence in investor interest and enthusiasm, underlining the dynamic and often unpredictable nature of the cryptocurrency market.<\/p>\n

This event also served as a reminder of Dogecoin’s ability to capture the attention of traders and investors, prompting them to join the fray during this period of heightened market activity.<\/p>\n

Related Reading: Solana Barrels Close To $32: Critical Levels Traders Should Watch<\/a><\/div>\n
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Dogecoin: Market’s Shift Toward ‘Greed’ Territory<\/strong><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

In a recent X post by @DogecoinFear, an intriguing insight into the Dogecoin Fear and Greed Index<\/a> emerges, revealing a current score of 71, which signals that the market may be entering “greed” territory.<\/p>\n

\n

Dogecoin Fear and Greed Index is 71. Greed pic.twitter.com\/TEgVW6MunR<\/a><\/p>\n

\u2014 Doge Fear and Greed Index (@DogecoinFear) October 24, 2023<\/a><\/p><\/blockquote>\n

In this context, “greed” signifies an intense desire for profit. A high score on the Dogecoin Fear and Greed Index, like the 71 mentioned, reflects a market where many investors are primarily motivated by the pursuit of substantial financial gains. This heightened “greed” sentiment can raise concerns about potential overvaluation or a forthcoming market correction.<\/p>\n

This fascinating metric holds significance for cryptocurrency enthusiasts, as it suggests the potential for an impending market correction.<\/p>\n

Conversely, when the index dips into “Fear” territory, it may serve as an indicator for investors to consider it a buying opportunity.<\/p>\n

At the time of writing, DOGE was trading at $0.066, down 2.8% in the last 24 hours, but still maintained a solid 12% ascent<\/a> in the last seven days, data from crypto market tracker Coingecko shows.<\/p>\n

<\/p>\n

DOGE market cap currently at $9.3 billion. Chart: TradingView.com<\/a><\/pre>\n
A number of cryptocurrency analysts have recently said in X posts that they believe DOGE will eventually reach the lofty $1 target.<\/a> Dogecoin, according to cryptocurrency analyst Ali Martinez over the weekend, is nearing the peak of a multiyear slipping triangle pattern.<\/p>\n
This pattern often serves as a technical indicator that hints at a potential bullish breakout. The $1 target for DOGE has been a subject of widespread interest and speculation within the cryptocurrency community, and these insights from analysts reinforce the optimism surrounding Dogecoin’s future price trajectory.<\/p>\n
Related Reading: XRP 10% Rally Strengthens Case For $0.55 Breakout<\/a><\/div>\n
DOGE’s Bullish Signal: TD Sequential Indicator in Action<\/strong><\/h2>\n
Based on Martinez’s analysis, it has been seen that the Tom DeMark (TD) Sequential indicator has recently exhibited a bullish signal for DOGE. The TD indicator is utilized to identify potential trend reversals by tracking a sequence of price points.<\/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
The analyst said:<\/p>\n
\n
\u201cDogecoin appears ready to start a new uptrend! The TD Sequential presented a buy signal on DOGE weekly chart.”<\/h4>\n<\/blockquote>\n
He added that a sustained close above the key resistance level at $0.062 holds the potential to trigger a notable upswing in Dogecoin’s value, potentially driving it towards the $0.070 mark. This pivotal breakthrough could signify a shift in market sentiment, attracting more traders and investors who see the potential for further gains.<\/p>\n
It’s an important technical milestone to watch, as surpassing such resistance levels often signals renewed interest and buying activity in the cryptocurrency market.<\/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 Air Force Athletics<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Dogecoin has been showing renewed exuberance with impressive figures this week, surging to an intraday high of $0.06525 Tuesday. This substantial rally allowed the cryptocurrency to surpass a significant resistance level positioned at $0.0640. Notably, this price breakthrough represented a momentous achievement for Dogecoin, as it hadn’t reached such heights since August 31. The cryptocurrency’s remarkable rebound from a low of $0.06068 indicated a resurgence in investor interest and enthusiasm, underlining the dynamic and often unpredictable nature of the cryptocurrency market. This event also served as a reminder of Dogecoin’s ability to capture the attention of traders and investors, prompting them to join the fray during this period of heightened market activity. Related Reading: Solana Barrels Close To $32: Critical Levels Traders Should Watch Dogecoin: Market’s Shift Toward ‘Greed’ Territory In a recent X post by @DogecoinFear, an intriguing insight into the Dogecoin Fear and Greed Index emerges, revealing a current score of 71, which signals that the market may be entering “greed” territory. Dogecoin Fear and Greed Index is 71. Greed pic.twitter.com\/TEgVW6MunR \u2014 Doge Fear and Greed Index (@DogecoinFear) October 24, 2023 In this context, “greed” signifies an intense desire for profit. A high score on the Dogecoin Fear and Greed Index, like the 71 mentioned, reflects a market where many investors are primarily motivated by the pursuit of substantial financial gains. This heightened “greed” sentiment can raise concerns about potential overvaluation or a forthcoming market correction. This fascinating metric holds significance for cryptocurrency enthusiasts, as it suggests the potential for an impending market correction. Conversely, when the index dips into “Fear” territory, it may serve as an indicator for investors to consider it a buying opportunity. At the time of writing, DOGE was trading at $0.066, down 2.8% in the last 24 hours, but still maintained a solid 12% ascent in the last seven days, data from crypto market tracker Coingecko shows. DOGE market cap currently at $9.3 billion. Chart: TradingView.com A number of cryptocurrency analysts have recently said in X posts that they believe DOGE will eventually reach the lofty $1 target. Dogecoin, according to cryptocurrency analyst Ali Martinez over the weekend, is nearing the peak of a multiyear slipping triangle pattern. This pattern often serves as a technical indicator that hints at a potential bullish breakout. The $1 target for DOGE has been a subject of widespread interest and speculation within the cryptocurrency community, and these insights from analysts reinforce the optimism surrounding Dogecoin’s future price trajectory. Related Reading: XRP 10% Rally Strengthens Case For $0.55 Breakout DOGE’s Bullish Signal: TD Sequential Indicator in Action Based on Martinez’s analysis, it has been seen that the Tom DeMark (TD) Sequential indicator has recently exhibited a bullish signal for DOGE. The TD indicator is utilized to identify potential trend reversals by tracking a sequence of price points. #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 The analyst said: \u201cDogecoin appears ready to start a new uptrend! The TD Sequential presented a buy signal on DOGE weekly chart.” He added that a sustained close above the key resistance level at $0.062 holds the potential to trigger a notable upswing in Dogecoin’s value, potentially driving it towards the $0.070 mark. This pivotal breakthrough could signify a shift in market sentiment, attracting more traders and investors who see the potential for further gains. It’s an important technical milestone to watch, as surpassing such resistance levels often signals renewed interest and buying activity in the cryptocurrency market. (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 Air Force Athletics<\/p>\n","protected":false},"author":557,"featured_media":557402,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,83685],"tags":[428,6664,1785,7,83767],"class_list":["post-557399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-dogecoin","tag-bitcoin","tag-crypto","tag-doge","tag-dogecoin","tag-meme-coins"],"acf":[],"yoast_head":"\nDogecoin Aggressive 13% Surge: Fear\/Greed Index Bullish Secrets<\/title>\n<meta name=\"description\" content=\"Dogecoin has been showing renewed exuberance with impressive figures this week, surging to an intraday high of $0.06525 Tuesday. 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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":"Dogecoin Aggressive 12% Leap: Fear\/Greed Index Uncovers Bullish Sentiment Secrets","url":"http:\/\/wncen.com\/news\/dogecoin-aggressive-13-surge\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/dogecoin-aggressive-13-surge\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-102.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-102.png?fit=757%2C505"},"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":["bitcoin","crypto","doge","dogecoin","meme coins"],"dateCreated":"2023-10-25T06:00:41Z","datePublished":"2023-10-25T06:00:41Z","dateModified":"2023-10-25T06:00:41Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Aggressive 12% Leap: Fear\\\/Greed Index Uncovers Bullish Sentiment Secrets\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin-aggressive-13-surge\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin-aggressive-13-surge\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/a-102.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/a-102.png?fit=757%2C505\"},\"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\":[\"bitcoin\",\"crypto\",\"doge\",\"dogecoin\",\"meme coins\"],\"dateCreated\":\"2023-10-25T06:00:41Z\",\"datePublished\":\"2023-10-25T06:00:41Z\",\"dateModified\":\"2023-10-25T06:00:41Z\"}<\/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-102.png?fit=757%2C505","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/557399"}],"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=557399"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/557399\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/557402"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=557399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=557399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=557399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}