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<p><a href="https://captainaltcoin.com/dogecoin-doge-memecoin-to-resume-parabolic-rally-if-price-closes-above-this-key-resistance/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin’s (DOGE)</a> price action lately could indicate a potential price rally. Analyst Ali predicts a 27% price increase if DOGE can surpass its crucial resistance level.&nbsp;</p>
<p>At publication priced at $0.1618, DOGE has shown notable gains, <a href="https://www.coingecko.com/en/coins/dogecoin" target="_blank" rel="noopener noreferrer nofollow">with a 2.29% increase</a> in the past day and a 20.92% rise over the last week.</p>
<p>Ali’s DOGE&nbsp;chart reveals a descending channel, with parallel lines indicating a possible short-term bearish trend but also a potential breakout. The $0.169 resistance forms the upper boundary of this channel, while the $0.153 support level has helped stabilize DOGE’s price in recent declines.&nbsp;</p>
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   <p lang="en" dir="ltr">If <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Dogecoin</a> <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$DOGE</a> breaks above the $0.169 resistance, we could see a 27% rally up to $0.209! <a href="https://t.co/seVi6gdoH5" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/seVi6gdoH5</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1852553884830486881?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 2, 2024</a>
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<p>According to Ali, if DOGE breaks above $0.169, a bullish reversal could occur, aligning with his prediction of a potential upward trend toward $0.209.</p>
<p>This descending channel highlights support and resistance levels that play a crucial role in DOGE’s next price moves. The breakout opportunity offers traders insight into the memecoin’s upcoming direction.</p>
<h2 class="wp-block-heading" id="strong-doge-price-targets-and-resistance-levels-strong"><strong>DOGE Price Targets and Resistance Levels</strong></h2>
<p>Ali’s prediction suggests DOGE could reach $0.209 following a breakout above $0.169, marking a 27% rally from current levels. The $0.18 and $0.205 levels serve as intermediate resistance points, offering potential profit-taking opportunities along the way.</p>
<p>A breakout beyond $0.169 would shift DOGE’s <a href="https://bitcoinist.com/dogecoin-price-october-green/" target="_blank" rel="noopener noreferrer nofollow">trend toward bullish territory</a>, strengthening its short-term outlook. The anticipated levels represent key targets for traders if DOGE follows this upward path.</p>
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<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/0-reasons-the-hedera-hbar-price-will-explode/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>10 Reasons the Hedera (HBAR) Price Will Explode</em></strong><br></a></p>
<p>Ali’s tweet highlights DOGE’s potential for a strong rally if it clears the $0.169 resistance. This sentiment aligns with DOGE’s recent price surge and increased trading volume. A breakout could trigger bullish momentum, attracting further interest from investors.</p>
<p>DOGE’s weekly gain and steady performance hint at increased buying pressure, higlighting Ali’s optimistic outlook. As DOGE approaches the critical resistance level, investors should watch for a breakout that could propel the meme coin toward its next targets.</p>
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<p>The post <a href="https://captainaltcoin.com/expert-predicts-potential-27-dogecoin-doge-price-rally-heres-the-outlook/" rel="noopener noreferrer nofollow">Expert Predicts Potential 27% Dogecoin (DOGE) Price Rally: Here’s the Outlook</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Expert Predicts Potential 27% Dogecoin (DOGE) Price Rally: Here’s the Outlook

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