{"id":655143,"date":"2024-11-28T01:00:28","date_gmt":"2024-11-28T01:00:28","guid":{"rendered":"https:\/\/wncen.com\/?p=655143"},"modified":"2024-11-27T11:01:07","modified_gmt":"2024-11-27T11:01:07","slug":"macro-target-dogecoin-price","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/macro-target-dogecoin-price\/","title":{"rendered":"Pundit Reveals $2.2-$3.46 Macro Target For Dogecoin Price As Wave 3 Continues"},"content":{"rendered":"

A crypto pundit has suggested that the <\/span>Dogecoin price rally<\/span><\/a> is far from over, forecasting mid-term targets between $2.2 and $3.46 for the dog-themed meme coin. According to his detailed price chart, Dogecoin is currently in wave 3 of the <\/span>Elliott Wave Theory<\/span><\/a> and set for a significant price surge.\u00a0<\/span><\/p>\n

Analyst Predicts Dogecoin Price Macro Target<\/h2>\n

Hov, a crypto analyst on X (formerly Twitter), has<\/span> discussed<\/span><\/a> Dogecoin\u2018s future price movements based on the Elliott Wave Theory and its current price action. The analyst noted that the meme coin has received a remarkable 690% rally since recently reaching a critical macro entry level.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Price Crash Not Over? Why A Decline To $89,000 Is Possible<\/a><\/div>\n

According to Hov\u2019s chart analysis, the <\/span>Dogecoin price action <\/span><\/a>is currently in the midst of its third Elliott Wave, a phase often characterized by solid price growth. The third wave is typically seen as the strongest of all five wave motive sequences of the Elliott Wave theory and is also considered bullish.\u00a0\u00a0<\/span><\/p>\n

\"Dogecoin
Source: X<\/figcaption><\/figure>\n

The <\/span>price chart<\/span><\/a> shows that Dogecoin is entering its third wave after recently breaking out of a prolonged consolidation period within a critical support zone around $0.27. While Hov has forecasted a rise to the macro targets at $2.2 – $3.46, the analyst has also revealed that the Dogecoin price could reach an ultimate target of $4.2 if it maintains a strong bullish momentum. This substantial price increase would require Dogecoin surging by 976% from its current value.\u00a0<\/span><\/p>\n

Analyst Reveals Next Dogecoin Local Tops\u00a0<\/span><\/h2>\n

While the DOGE price steadily<\/span> approaches the $1 mark<\/span><\/a>, crypto analyst Trader Tardigrade has<\/span> released<\/span><\/a> the upcoming local tops for the number one meme coin. The analyst disclosed that Dogecoin had successfully recorded multiple <\/span>local market tops<\/span><\/a> in the last year following a substantial price rally. He also revealed that each local top had a 2X relationship, where the Dogecoin price had doubled in the previous three local tops.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Price Closes Above Bull Channel, Crypto Analyst Reveals What\u2019s Next<\/a><\/div>\n

Following the analyst\u2019s chart, Dogecoin reached a local top of $0.11 in October 2023, jumping 2X to hit another top of around $0.22 in April 2024. Interestingly, the same <\/span>bullish pattern<\/span><\/a> occurred again around October this year, with the meme coin doubling its previous price high to reach a local price peak of around $0.44 this month.\u00a0\u00a0\u00a0<\/span><\/p>\n

\"Dogecoin
Source: X<\/figcaption><\/figure>\n

Based on this bullish pattern, where the Dogecoin price has historically multiplied by 2X with each local top, Trader Tardigrade predicts that the meme coin will continue this trend until it <\/span>reaches an all-time high of $5<\/span><\/a>. The analyst has projected that Dogecoin could see its next local top at $0.88 by April 2025.<\/span><\/p>\n

Additionally, around July 2025, the analyst predicts that Dogecoin will double again and surpass the $1 milestone to hit $1.76. Extending towards October 2025, the analyst has also projected that the Dogecoin price is expected to rally to $3.52.\u00a0<\/span><\/p>\n

\"Dogecoin
DOGE price still below $0.4 despite recovery | 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":"

A crypto pundit has suggested that the Dogecoin price rally is far from over, forecasting mid-term targets between $2.2 and $3.46 for the dog-themed meme coin. According to his detailed price chart, Dogecoin is currently in wave 3 of the Elliott Wave Theory and set for a significant price surge.\u00a0 Analyst Predicts Dogecoin Price Macro Target Hov, a crypto analyst on X (formerly Twitter), has discussed Dogecoin\u2018s future price movements based on the Elliott Wave Theory and its current price action. The analyst noted that the meme coin has received a remarkable 690% rally since recently reaching a critical macro entry level.\u00a0 Related Reading: Bitcoin Price Crash Not Over? Why A Decline To $89,000 Is Possible According to Hov\u2019s chart analysis, the Dogecoin price action is currently in the midst of its third Elliott Wave, a phase often characterized by solid price growth. The third wave is typically seen as the strongest of all five wave motive sequences of the Elliott Wave theory and is also considered bullish.\u00a0\u00a0 The price chart shows that Dogecoin is entering its third wave after recently breaking out of a prolonged consolidation period within a critical support zone around $0.27. While Hov has forecasted a rise to the macro targets at $2.2 – $3.46, the analyst has also revealed that the Dogecoin price could reach an ultimate target of $4.2 if it maintains a strong bullish momentum. This substantial price increase would require Dogecoin surging by 976% from its current value.\u00a0 Analyst Reveals Next Dogecoin Local Tops\u00a0 While the DOGE price steadily approaches the $1 mark, crypto analyst Trader Tardigrade has released the upcoming local tops for the number one meme coin. The analyst disclosed that Dogecoin had successfully recorded multiple local market tops in the last year following a substantial price rally. He also revealed that each local top had a 2X relationship, where the Dogecoin price had doubled in the previous three local tops.\u00a0 Related Reading: Bitcoin Price Closes Above Bull Channel, Crypto Analyst Reveals What\u2019s Next Following the analyst\u2019s chart, Dogecoin reached a local top of $0.11 in October 2023, jumping 2X to hit another top of around $0.22 in April 2024. Interestingly, the same bullish pattern occurred again around October this year, with the meme coin doubling its previous price high to reach a local price peak of around $0.44 this month.\u00a0\u00a0\u00a0 Based on this bullish pattern, where the Dogecoin price has historically multiplied by 2X with each local top, Trader Tardigrade predicts that the meme coin will continue this trend until it reaches an all-time high of $5. The analyst has projected that Dogecoin could see its next local top at $0.88 by April 2025. Additionally, around July 2025, the analyst predicts that Dogecoin will double again and surpass the $1 milestone to hit $1.76. Extending towards October 2025, the analyst has also projected that the Dogecoin price is expected to rally to $3.52.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":643664,"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":[167,6664,26263,14690,1785,89174,85675,7,1803,1804,79599,79600],"class_list":["post-655143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\nPundit Reveals $2.2-$3.46 Macro Target For Dogecoin Price As Wave 3 Continues<\/title>\n<meta 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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":"Pundit Reveals $2.2-$3.46 Macro Target For Dogecoin Price As Wave 3 Continues","url":"http:\/\/wncen.com\/news\/dogecoin\/macro-target-dogecoin-price\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/dogecoin\/macro-target-dogecoin-price\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/09\/Dogecoin_ea5f54.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/09\/Dogecoin_ea5f54.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":["analyst","crypto","crypto analyst","crypto news","doge","doge news","doge price","dogecoin","dogecoin news","dogecoin price","dogeusd","dogeusdt"],"dateCreated":"2024-11-28T01:00:28Z","datePublished":"2024-11-28T01:00:28Z","dateModified":"2024-11-28T01:00:28Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Pundit Reveals $2.2-$3.46 Macro Target For Dogecoin Price As Wave 3 Continues\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/macro-target-dogecoin-price\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/macro-target-dogecoin-price\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Dogecoin_ea5f54.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Dogecoin_ea5f54.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\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"doge\",\"doge news\",\"doge price\",\"dogecoin\",\"dogecoin news\",\"dogecoin price\",\"dogeusd\",\"dogeusdt\"],\"dateCreated\":\"2024-11-28T01:00:28Z\",\"datePublished\":\"2024-11-28T01:00:28Z\",\"dateModified\":\"2024-11-28T01:00:28Z\"}<\/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\/09\/Dogecoin_ea5f54.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/655143","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\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=655143"}],"version-history":[{"count":1,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/655143\/revisions"}],"predecessor-version":[{"id":655161,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/655143\/revisions\/655161"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/643664"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=655143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=655143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=655143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}