{"id":627215,"date":"2024-07-02T01:00:37","date_gmt":"2024-07-02T01:00:37","guid":{"rendered":"https:\/\/wncen.com\/?p=627215"},"modified":"2024-07-01T14:49:11","modified_gmt":"2024-07-01T14:49:11","slug":"dogecoin-flashes-major-bullish","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-flashes-major-bullish\/","title":{"rendered":"Dogecoin Flashes Major Bullish Signal On 3-Day Chart, Here\u2019s The Target"},"content":{"rendered":"

Dogecoin (DOGE)<\/span><\/a> could be on the brink of a major bullish reversal based on a technical indicator recently flashing a bullish signal for the meme coin. While highlighting the bullish signal, <\/span>crypto analyst Ali Martinez<\/span><\/a> also hinted at how high Dogecoin could rise when this reversal occurs.\u00a0<\/span><\/p>\n

A Rebound For Dogecoin On The Horizon<\/h2>\n

Martinez mentioned in an X (formerly Twitter) <\/span>post<\/span><\/a> that the TD Sequential is presenting a buy signal on Dogecoin\u2019s 3-day chart, thereby \u201cpredicting a rebound of one to four candlesticks for DOGE.\u201d Based on the chart he shared, <\/span>Dogecoin<\/span> could enjoy a reversal to around $0.17, the area in which it began its downtrend in early June.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Remains Bullish As New BTC Addresses Surge To New 2-Month Highs<\/a><\/div>\n
\"Dogecoin
Source: X<\/figcaption><\/figure>\n

A massive rebound for Dogecoin will undoubtedly be a welcome development for its holders, who have had to deal with the meme coin\u2019s bearish outlook for some time now. Dogecoin failed to make any impressive rally, while other foremost meme coins rallied following <\/span>Roaring Kitty\u2019s return<\/span><\/a>.\u00a0<\/span><\/p>\n

Meanwhile, the meme coin took one of the worst hits following the recent avalanche that plagued the crypto market. <\/span>Bitcoin<\/span><\/a> led altcoins on a downward trend towards the end of June. However, with the flagship crypto reversing and back above $63,000, Dogecoin could also enjoy an impressive recovery from its current price level.\u00a0<\/span><\/p>\n

Moreover, <\/span>data<\/span><\/a> from the market intelligence platform IntoTheBlock shows a <\/span>strong positive correlation<\/span><\/a> between Dogecoin\u2019s price and Bitcoin\u2019s. As such, Dogecoin could significantly move to the upside as the flagship crypto rebounds.\u00a0<\/span><\/p>\n

Crypto analyst Kevin (formerly OG Yomi)<\/span><\/a> also recently provided a bullish narrative for Dogecoin. He <\/span>stated<\/span><\/a> that his indicator had flashed a weekly buy signal for the first time since the meme coin was at $0.05. Additionally, Kevin noted that Dogecoin is about two green weekly candles away from confirming its first weekly golden cross in four years. He claimed that this is something to watch, suggesting that Dogecoin\u2019s rally could be parabolic when this happens.\u00a0<\/span><\/p>\n

DOGE Could Reach $0.6 On Next Leg Up<\/h2>\n

Crypto analyst Javon Marks<\/span><\/a> recently predicted that Dogecoin could reach $0.6 on its next leg up. He <\/span>stated<\/span><\/a> that the move towards the breakout target at $0.6533 \u201cmay be a matter of time, and prices could be preparing here for a break above.\u201d The <\/span>crypto analyst<\/span><\/a> seemed confident as he again reaffirmed that a price rally of over 400% to reach this target might already be loading.\u00a0\u00a0<\/span><\/p>\n

Related Reading: SEC Serves Fresh Lawsuit To Metamask Developer Consensys \u2013 What\u2019s The Problem This Time?<\/a><\/div>\n
\"Dogecoin
Source: X<\/figcaption><\/figure>\n

Marks had <\/span>previously predicted<\/span><\/a> that Dogecoin would rise to as high as $17 in this bull run. He claimed that such a meteoric move was possible based on the meme coin\u2019s historical trend. He noted that the foremost meme coin has always made a larger run in every <\/span>subsequent bull run<\/span><\/a>, meaning it could enjoy a rally that will overshadow its price move of 22,800% in the 2021 bull run.\u00a0<\/span><\/p>\n

\"Dogecoin
DOGE Price reverses from highs | Source: DOGEUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Dogecoin (DOGE) could be on the brink of a major bullish reversal based on a technical indicator recently flashing a bullish signal for the meme coin. While highlighting the bullish signal, crypto analyst Ali Martinez also hinted at how high Dogecoin could rise when this reversal occurs.\u00a0 A Rebound For Dogecoin On The Horizon Martinez mentioned in an X (formerly Twitter) post that the TD Sequential is presenting a buy signal on Dogecoin\u2019s 3-day chart, thereby \u201cpredicting a rebound of one to four candlesticks for DOGE.\u201d Based on the chart he shared, Dogecoin could enjoy a reversal to around $0.17, the area in which it began its downtrend in early June.\u00a0 Related Reading: Bitcoin Remains Bullish As New BTC Addresses Surge To New 2-Month Highs A massive rebound for Dogecoin will undoubtedly be a welcome development for its holders, who have had to deal with the meme coin\u2019s bearish outlook for some time now. Dogecoin failed to make any impressive rally, while other foremost meme coins rallied following Roaring Kitty\u2019s return.\u00a0 Meanwhile, the meme coin took one of the worst hits following the recent avalanche that plagued the crypto market. Bitcoin led altcoins on a downward trend towards the end of June. However, with the flagship crypto reversing and back above $63,000, Dogecoin could also enjoy an impressive recovery from its current price level.\u00a0 Moreover, data from the market intelligence platform IntoTheBlock shows a strong positive correlation between Dogecoin\u2019s price and Bitcoin\u2019s. As such, Dogecoin could significantly move to the upside as the flagship crypto rebounds.\u00a0 Crypto analyst Kevin (formerly OG Yomi) also recently provided a bullish narrative for Dogecoin. He stated that his indicator had flashed a weekly buy signal for the first time since the meme coin was at $0.05. Additionally, Kevin noted that Dogecoin is about two green weekly candles away from confirming its first weekly golden cross in four years. He claimed that this is something to watch, suggesting that Dogecoin\u2019s rally could be parabolic when this happens.\u00a0 DOGE Could Reach $0.6 On Next Leg Up Crypto analyst Javon Marks recently predicted that Dogecoin could reach $0.6 on its next leg up. He stated that the move towards the breakout target at $0.6533 \u201cmay be a matter of time, and prices could be preparing here for a break above.\u201d The crypto analyst seemed confident as he again reaffirmed that a price rally of over 400% to reach this target might already be loading.\u00a0\u00a0 Related Reading: SEC Serves Fresh Lawsuit To Metamask Developer Consensys \u2013 What\u2019s The Problem This Time? Marks had previously predicted that Dogecoin would rise to as high as $17 in this bull run. He claimed that such a meteoric move was possible based on the meme coin\u2019s historical trend. He noted that the foremost meme coin has always made a larger run in every subsequent bull run, meaning it could enjoy a rally that will overshadow its price move of 22,800% in the 2021 bull run.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":627250,"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":[1785,89174,85675,7,1803,1804,79599,79600],"class_list":["post-627215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\nDogecoin Flashes Major Bullish Signal On 3-Day Chart, Here\u2019s The Target<\/title>\n<meta name=\"description\" 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. 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. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Flashes Major Bullish Signal On 3-Day Chart, Here\u2019s The Target","url":"http:\/\/wncen.com\/news\/dogecoin\/dogecoin-flashes-major-bullish\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/dogecoin\/dogecoin-flashes-major-bullish\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Dogecoin.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Dogecoin.jpeg?fit=1792%2C1024"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["doge","doge news","doge price","dogecoin","dogecoin news","dogecoin price","dogeusd","dogeusdt"],"dateCreated":"2024-07-02T01:00:37Z","datePublished":"2024-07-02T01:00:37Z","dateModified":"2024-07-02T01:00:37Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Flashes Major Bullish Signal On 3-Day Chart, Here\\u2019s The Target\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/dogecoin-flashes-major-bullish\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/dogecoin-flashes-major-bullish\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Dogecoin.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Dogecoin.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"doge\",\"doge news\",\"doge price\",\"dogecoin\",\"dogecoin news\",\"dogecoin price\",\"dogeusd\",\"dogeusdt\"],\"dateCreated\":\"2024-07-02T01:00:37Z\",\"datePublished\":\"2024-07-02T01:00:37Z\",\"dateModified\":\"2024-07-02T01:00:37Z\"}<\/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\/2024\/07\/Dogecoin.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/627215"}],"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\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=627215"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/627215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/627250"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=627215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=627215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=627215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}