{"id":649294,"date":"2024-10-23T01:30:42","date_gmt":"2024-10-23T01:30:42","guid":{"rendered":"https:\/\/www.wncen.com\/?p=649294"},"modified":"2024-10-22T14:02:50","modified_gmt":"2024-10-22T14:02:50","slug":"dogecoin-rockets-30-in-a-week-sparking-hype-for-uptober-rally","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/news\/dogecoin-rockets-30-in-a-week-sparking-hype-for-uptober-rally\/","title":{"rendered":"Dogecoin Rockets 30% In A Week, Sparking Hype For Uptober Rally"},"content":{"rendered":"<p>At press time, <a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogecoin\" rel=\"nofollow\">Dogecoin<\/a> was found to have gained significantly as it jumped to $0.141556 following a 1.77% growth that occurred within the last 24 hours. In a week, the meme coin has gone pretty high at a 30% increase which propelled its 24-hour trading volume to $1.9 billion with an upsurge of 35%.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.wncen.com\/all\/shiba-inu-soars-analyst-predicts-71-rally-in-meme-super-cycle-details\/\">Shiba Inu Soars: Analyst Predicts 71% Rally In \u2018Meme Super Cycle\u2019 \u2013 Details<\/a><\/div>\n<h2>Positive Sentiment And Indicators For DOGE Ascent<\/h2>\n<p>According to market analysts, there are a number of indicators that show it is the right time to invest in DOGE. As observed by Digitalcoinprice, several <a href=\"https:\/\/digitalcoinprice.com\/forecast\/dogecoin\" rel=\"nofollow\">technical signals<\/a> have already turned green, indicating traders see brightness in the future of the token. The coin has risen by 37% in the last 30 days. The forecasts hint that the coin might go even higher.<\/p>\n<figure id=\"attachment_649301\" aria-describedby=\"caption-attachment-649301\" style=\"width: 794px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-649301 size-full\" src=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_bed2e2.png?resize=794%2C540\" alt=\"\" width=\"794\" height=\"540\" srcset=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_bed2e2.png?w=794 794w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_bed2e2.png?w=460 460w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_bed2e2.png?w=768 768w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_bed2e2.png?w=750 750w\" sizes=\"auto, (max-width: 794px) 100vw, 794px\"><figcaption id=\"caption-attachment-649301\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/digitalcoinprice.com\/forecast\/dogecoin\" rel=\"nofollow\">Digitalcoinprice<\/a><\/figcaption><\/figure>\n<p>One of the strongest indications of the bull trend is the curve of the 50-day Simple Moving Average going upward, which may be a good period for buyers to get in on the action. However, the traders are holding back as the 200-day SMA is going down.<\/p>\n<p>As reported by some, DOGE may even go to $0.13 before the year ends. Nevertheless, on the bigger picture, there is still a consensus over the fact that it is still moving in a positive direction for the medium-term trends of the coin.<\/p>\n<figure style=\"width: 2475px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/1dG19zxu\/\" alt=\"\" width=\"2475\" height=\"1163\"><figcaption class=\"wp-caption-text\">DOGE market cap currently at $20.2 billion. Chart: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a><\/figcaption><\/figure>\n<h2>Experts\u2019 Predictions And Influences On Dogecoin&#8217;s Future<\/h2>\n<p>Other high-level cryptocurrency traders also, such as DonAlt, believe that Dogecoin has the makings of being bullish and can potentially exceed the $1 mark. Analysts like Crow see the occasional triangular patterns of Dogecoin in its price chart that reflect phases of consolidation from 2014 to 2021 and can indicate a breakout.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Dogecoin is like Bitcoin of the meme coins!<\/p>\n<p>You don&#8217;t like it? Too bad, you don&#8217;t matter.<a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$DOGE<\/a> is going to $1. <a href=\"https:\/\/t.co\/mr5tVxFS2c\" rel=\"nofollow\">pic.twitter.com\/mr5tVxFS2c<\/a><\/p>\n<p>\u2014 CROW (@TheCrowtrades) <a href=\"https:\/\/twitter.com\/TheCrowtrades\/status\/05348401?ref_src=twsrc%5Etfw\" rel=\"nofollow\">October 18, 2024<\/a><\/p><\/blockquote>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-649303\" src=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_48ba95.png?resize=1024%2C498\" alt=\"\" width=\"1024\" height=\"498\" srcset=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_48ba95.png?w=1606 1606w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_48ba95.png?w=460 460w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_48ba95.png?w=768 768w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_48ba95.png?w=860 860w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_48ba95.png?w=1536 1536w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_48ba95.png?w=750 750w, https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/A_48ba95.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Crypto trader Kevin has highlighted a recent 3-day flip in Dogecoin. According to this technical indicator, the cryptocurrency is supposed to trend in the positive direction. In the past, such an indicator resulted in a huge price rally; DOGE had a 210% rally once such a signal appeared.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.wncen.com\/news\/apecoin-climbs-100-on-major-tech-advancements-details\/\">ApeCoin Climbs Over 100% On Major Tech Advancements \u2013 Details\u00a0<\/a><\/div>\n<div><\/div>\n<div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The last time <a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Dogecoin<\/a> flipped the 3 Day super trend and created a buy signal <a href=\"https:\/\/twitter.com\/hashtag\/DOGE?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#DOGE<\/a> pumped 212%. I think we can see something similar if not bigger this time around especially if <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#BTC<\/a> enters into price discovery <a href=\"https:\/\/t.co\/azHFpo1plo\" rel=\"nofollow\">pic.twitter.com\/azHFpo1plo<\/a><\/p>\n<p>\u2014 Kevin (@Kev_Capital_TA) <a href=\"https:\/\/twitter.com\/Kev_Capital_TA\/status\/22580265?ref_src=twsrc%5Etfw\" rel=\"nofollow\">October 19, 2024<\/a><\/p><\/blockquote>\n<p>Kevin suggested that if Bitcoin falls into a discovery phase then it&#8217;s likely Dogecoin will follow. He also mentioned the upcoming &#8220;golden cross&#8221; on the weekly chart, which is a bullish signal for DOGE to continue upward.<\/p>\n<p>Meanwhile, it&#8217;s still Elon Musk that influences these price movements. A passing comment by the &#8220;US Department of Government Efficiency&#8221; <a href=\"https:\/\/www.reuters.com\/world\/us\/trump-adopt-musks-proposal-government-efficiency-commission-wsj-reports-2024-09-05\/\" target=\"_blank\" rel=\"noopener nofollow\">(D.O.G.E)<\/a> has caused a price surge. Adding to this complexity is his political involvement in recent news.<\/p>\n<p>Analysts feel Musk&#8217;s overall influence and association with pro-crypto US election candidates such as former US President Donald Trump will aid in an increase in value for DOGE.<\/p>\n<p><em>Featured image from Techopedia, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>At press time, Dogecoin was found to have gained significantly as it jumped to $0.141556 following a 1.77% growth that occurred within the last 24 hours. In a week, the meme coin has gone pretty high at a 30% increase which propelled its 24-hour trading volume to $1.9 billion with an upsurge of 35%. Related Reading: Shiba Inu Soars: Analyst Predicts 71% Rally In \u2018Meme Super Cycle\u2019 \u2013 Details Positive Sentiment And Indicators For DOGE Ascent According to market analysts, there are a number of indicators that show it is the right time to invest in DOGE. As observed by Digitalcoinprice, several technical signals have already turned green, indicating traders see brightness in the future of the token. The coin has risen by 37% in the last 30 days. The forecasts hint that the coin might go even higher. One of the strongest indications of the bull trend is the curve of the 50-day Simple Moving Average going upward, which may be a good period for buyers to get in on the action. However, the traders are holding back as the 200-day SMA is going down. As reported by some, DOGE may even go to $0.13 before the year ends. Nevertheless, on the bigger picture, there is still a consensus over the fact that it is still moving in a positive direction for the medium-term trends of the coin. Experts\u2019 Predictions And Influences On Dogecoin&#8217;s Future Other high-level cryptocurrency traders also, such as DonAlt, believe that Dogecoin has the makings of being bullish and can potentially exceed the $1 mark. Analysts like Crow see the occasional triangular patterns of Dogecoin in its price chart that reflect phases of consolidation from 2014 to 2021 and can indicate a breakout. Dogecoin is like Bitcoin of the meme coins! You don&#8217;t like it? Too bad, you don&#8217;t matter.$DOGE is going to $1. pic.twitter.com\/mr5tVxFS2c \u2014 CROW (@TheCrowtrades) October 18, 2024 Crypto trader Kevin has highlighted a recent 3-day flip in Dogecoin. According to this technical indicator, the cryptocurrency is supposed to trend in the positive direction. In the past, such an indicator resulted in a huge price rally; DOGE had a 210% rally once such a signal appeared. Related Reading: ApeCoin Climbs Over 100% On Major Tech Advancements \u2013 Details\u00a0 The last time #Dogecoin flipped the 3 Day super trend and created a buy signal #DOGE pumped 212%. I think we can see something similar if not bigger this time around especially if #BTC enters into price discovery pic.twitter.com\/azHFpo1plo \u2014 Kevin (@Kev_Capital_TA) October 19, 2024 Kevin suggested that if Bitcoin falls into a discovery phase then it&#8217;s likely Dogecoin will follow. He also mentioned the upcoming &#8220;golden cross&#8221; on the weekly chart, which is a bullish signal for DOGE to continue upward. Meanwhile, it&#8217;s still Elon Musk that influences these price movements. A passing comment by the &#8220;US Department of Government Efficiency&#8221; (D.O.G.E) has caused a price surge. Adding to this complexity is his political involvement in recent news. Analysts feel Musk&#8217;s overall influence and association with pro-crypto US election candidates such as former US President Donald Trump will aid in an increase in value for DOGE. Featured image from Techopedia, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":649307,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[6664,1785,7,8375,84471,9848],"class_list":["post-649294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto","tag-doge","tag-dogecoin","tag-elon-musk","tag-meme-coin","tag-trump"],"acf":[],"yoast_head":"\n<title>Dogecoin Rockets 30%, Sparking Hype For Uptober Rally<\/title>\n<meta name=\"description\" content=\"At press time, Dogecoin was found to have gained significantly as it jumped to $0.141556 following a 1.77% growth that occurred within the last 24 hours.\" \/>\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. 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