{"id":679606,"date":"2025-01-21T14:00:03","date_gmt":"2025-01-21T14:00:03","guid":{"rendered":"https:\/\/wncen.com\/?p=679606"},"modified":"2025-01-21T11:04:33","modified_gmt":"2025-01-21T11:04:33","slug":"dogecoin-price-to-breakout-to-1-4","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-price-to-breakout-to-1-4\/","title":{"rendered":"Dogecoin Price To Breakout To $1.4? Analyst Reveals Critical Levels To Watch For A Pump Or Crash"},"content":{"rendered":"

The <\/span>Dogecoin price<\/span><\/a> is at a critical juncture as a crypto analyst has pinpointed key price levels that could dictate its next significant move upwards. With the number one meme coin currently trading above $0.34, the analyst <\/span>predicts<\/span><\/a> a breakout to $1.4 if bullish conditions stay favorable and a price crash to new lows if Dogecoin fails to reach a critical level.\u00a0<\/span><\/p>\n

Dogecoin Price: Will It Pump Or Crash?<\/h2>\n

According to a TradingView crypto analyst known as \u2018Mindbloome-Trading,\u2019 the Dogecoin price is on the verge of an <\/span>exponential pump<\/span><\/a> that will push its value above the coveted $1 mark. The crypto expert presented a video chart analysis, highlighting $0.46 as a <\/span>crucial resistance level for Dogecoin.<\/span><\/a> This price point aligns with the 0.382 Fibonacci level, which is often a significant barrier in technical analysis.<\/span><\/p>\n

Related Reading: Machine Learning Algorithm Predicts Dogecoin Price From January To December 2025<\/a><\/div>\n

The TradingView market expert has suggested that if Dogecoin surpasses the $0.46 resistance level, it could <\/span>ignite a rally<\/span><\/a> that propels the meme coin to its next bullish target at $1.4. Such a move would likely be driven by increased demand and <\/span>buying pressure<\/span><\/a> from investors.\u00a0<\/span><\/p>\n

Conversely, the analyst shared a <\/span>bearish outlook for Dogecoin<\/span><\/a>. He indicated that if Dogecoin fails to maintain the support level at $0.3, the meme coin could be at risk of a severe decline. He predicts a <\/span>DOGE price crash<\/span><\/a> to a lower support level at $0.23, achieving new price lows not seen since 2024.\u00a0<\/span><\/p>\n

Falling back to the $0.23 level could send bearish signals to the market, potentially leading to <\/span>increased selling pressure<\/span><\/a> and more declines. The analyst has revealed that Dogecoin is currently in a support phase, and its next price movements could determine the direction of its future value.\u00a0<\/span><\/p>\n

While the TradingView crypto expert shares his bullish and bearish price forecast for Dogecoin, his detailed video chart shows <\/span>Dogecoin\u2019s price movements<\/span><\/a> from 2020 to 2024, highlighting key peaks and troughs that indicate past volatility. The chart also pinpoints key support and resistance zones using Fibonacci extension and retracement levels to predict the meme coin\u2019s next price level.\u00a0<\/span><\/p>\n

What\u2019s Driving Dogecoin\u2019s Current Trend?\u00a0<\/span><\/h2>\n

The Dogecoin price is currently <\/span>experiencing severe downside momentum<\/span><\/a> despite multiple bullish forecasts suggesting an imminent rally. The major factors driving Dogecoin\u2019s bullish sentiment in the crypto market are the recent <\/span>inauguration of Donald Trump<\/span><\/a> as the new President of the United States (US) and the influence of SpaceX and Tesla CEO Elon Musk, who has established the new Department of Government Efficiency (<\/span>D.O.G.E<\/span><\/a>) unit.\u00a0<\/span><\/p>\n

Related Reading: Can The Dogecoin Price Rally For 3 Months Straight? 2021 Bull Market Performance Says Yes<\/a><\/div>\n

Despite expectations of a bull run, Dogecoin has declined by 9.64% in one day to trade at $0.34, according to CoinMarketCap. Nevertheless, analysts on the popular X social media platform remain bullish, forecasting significant price increases in the future.\u00a0<\/span><\/p>\n

One notable<\/span> prediction<\/span><\/a> by crypto analyst and Dogecoin supporter David Butler suggests that the popular meme coin could rally by 100X to reach $34. While this projection may seem rather ambitious, the analyst is confident that a price increase to this level is inevitable.<\/span><\/p>\n

\"Dogecoin\"
DOGE trading at $0.34 on the 1D chart | Source: DOGEUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image from Unsplash, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

The Dogecoin price is at a critical juncture as a crypto analyst has pinpointed key price levels that could dictate its next significant move upwards. With the number one meme coin currently trading above $0.34, the analyst predicts a breakout to $1.4 if bullish conditions stay favorable and a price crash to new lows if Dogecoin fails to reach a critical level.\u00a0 Dogecoin Price: Will It Pump Or Crash? According to a TradingView crypto analyst known as \u2018Mindbloome-Trading,\u2019 the Dogecoin price is on the verge of an exponential pump that will push its value above the coveted $1 mark. The crypto expert presented a video chart analysis, highlighting $0.46 as a crucial resistance level for Dogecoin. This price point aligns with the 0.382 Fibonacci level, which is often a significant barrier in technical analysis. Related Reading: Machine Learning Algorithm Predicts Dogecoin Price From January To December 2025 The TradingView market expert has suggested that if Dogecoin surpasses the $0.46 resistance level, it could ignite a rally that propels the meme coin to its next bullish target at $1.4. Such a move would likely be driven by increased demand and buying pressure from investors.\u00a0 Conversely, the analyst shared a bearish outlook for Dogecoin. He indicated that if Dogecoin fails to maintain the support level at $0.3, the meme coin could be at risk of a severe decline. He predicts a DOGE price crash to a lower support level at $0.23, achieving new price lows not seen since 2024.\u00a0 Falling back to the $0.23 level could send bearish signals to the market, potentially leading to increased selling pressure and more declines. The analyst has revealed that Dogecoin is currently in a support phase, and its next price movements could determine the direction of its future value.\u00a0 While the TradingView crypto expert shares his bullish and bearish price forecast for Dogecoin, his detailed video chart shows Dogecoin\u2019s price movements from 2020 to 2024, highlighting key peaks and troughs that indicate past volatility. The chart also pinpoints key support and resistance zones using Fibonacci extension and retracement levels to predict the meme coin\u2019s next price level.\u00a0 What\u2019s Driving Dogecoin\u2019s Current Trend?\u00a0 The Dogecoin price is currently experiencing severe downside momentum despite multiple bullish forecasts suggesting an imminent rally. The major factors driving Dogecoin\u2019s bullish sentiment in the crypto market are the recent inauguration of Donald Trump as the new President of the United States (US) and the influence of SpaceX and Tesla CEO Elon Musk, who has established the new Department of Government Efficiency (D.O.G.E) unit.\u00a0 Related Reading: Can The Dogecoin Price Rally For 3 Months Straight? 2021 Bull Market Performance Says Yes Despite expectations of a bull run, Dogecoin has declined by 9.64% in one day to trade at $0.34, according to CoinMarketCap. Nevertheless, analysts on the popular X social media platform remain bullish, forecasting significant price increases in the future.\u00a0 One notable prediction by crypto analyst and Dogecoin supporter David Butler suggests that the popular meme coin could rally by 100X to reach $34. While this projection may seem rather ambitious, the analyst is confident that a price increase to this level is inevitable. Featured image from Unsplash, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":679612,"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":[10995,93449,93971,1785,89174,85675,7,1803,1804,79599,79600,8480,8375,93976,84471,11727,4096],"class_list":["post-679606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-coinmarketcap","tag-d-o-g-e","tag-department-of-government-efficiency","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt","tag-donald-trump","tag-elon-musk","tag-fibonacci-extension","tag-meme-coin","tag-spacex","tag-tesla"],"acf":[],"yoast_head":"\nDogecoin Price To Breakout To $1.4? 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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