Dogecoin

<p>After a notable rally across the market, major cryptocurrencies are experiencing price correction. Amid this, a prominent crypto expert made a post on X (previously Twitter), stating that the popular and largest meme coin <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/" rel="noopener noreferrer nofollow">Dogecoin (DOGE) </a>has the potential to reach $10 in the coming year.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-doge-could-hit-10-says-expert-nbsp"><strong>DOGE Could Hit $10, Says Expert&nbsp;</strong></h2>  
<p>In a post on X, he stated, “<strong>To anyone who said $10 Dogecoin is impossible—show them this chart.</strong>” He shared a DOGE weekly chart, showing the meme coin moving in an ascending channel pattern, forming higher highs and higher lows.</p>  
<figure class="wp-block-image aligncenter size-large is-resized"><a href="https://image.coinpedia.org/wp-content/uploads/2024/10/16020800/GZ75HfEX0AAsTfo.jpg" rel="noopener noreferrer nofollow"><img src="https://image.coinpedia.org/wp-content/uploads/2024/10/16020800/GZ75HfEX0AAsTfo-1024x670.jpg" alt="" class="wp-image-366920" style="width: 100%;height:auto"></a>
 <figcaption class="wp-element-caption">
  Source: X (Previously Twitter)
 </figcaption>
</figure>  
<p>While examining the chart, it appears that DOGE is currently at its higher low, and the next higher high is expected to be near $10 or $12. Based on this analysis, the analyst made this statement. However, this prediction is for the long term and may take years to achieve that target.</p>  
<h3 class="wp-block-heading" id="h-current-price-momentum-nbsp"><strong>Current Price Momentum&nbsp;</strong></h3>  
<p>At press time, <a href="https://coinmarketcap.com/currencies/dogecoin/" target="_blank" rel="noopener noreferrer nofollow">DOGE</a> is trading near $0.114 and has experienced a modest price decline of over 1.5% in the past 24 hours. During the same period, its trading volume jumped by 37%, indicating increased participation from traders and investors, likely due to the upcoming presidential election in the United States.</p>  
<h2 class="wp-block-heading" id="h-dogecoin-doge-technical-analysis-and-upcoming-levels"><strong>Dogecoin (DOGE) Technical Analysis and Upcoming Levels</strong></h2>  
<p>According to CoinPedia’s technical analysis, DOGE recently broke out from the neckline of a bullish double-bottom price action pattern. However, with the recent price correction, it appears to have successfully retested that breakout level or neckline near the $0.112 level and is currently facing resistance from the 200-day Exponential Moving Average (EMA).&nbsp;</p>  
<figure class="wp-block-image size-large"><a href="https://image.coinpedia.org/wp-content/uploads/2024/10/16020848/DOGEUSDT_2024-10-16_02-08-41.png" rel="noopener noreferrer nofollow"><img src="https://image.coinpedia.org/wp-content/uploads/2024/10/16020848/DOGEUSDT_2024-10-16_02-08-41-1024x448.png" alt="" class="wp-image-366921"></a>
 <figcaption class="wp-element-caption">
  Source: Trading View
 </figcaption>
</figure>  
<p>Based on the historical price momentum, if DOGE closes a daily candle above the $0.118 level, there is a strong possibility it could soar by 20% to reach the $0.135 level in the coming days.</p>  
<p>Meanwhile, DOGE’s Relative Strength Index (RSI) supports this bullish outlook, as it is currently in an oversold area, potentially hinting at a massive price recovery or rally.</p>

Dogecoin (DOGE) to $10? Here’s What Experts Are Saying

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