Dogecoin

Elon Musk

<p>A recent post on X has caught the attention of the crypto community, with a trader predicting that Dogecoin (DOGE) might soon hit a new all-time high. With Dogecoin’s recent price movement showing promising signs, traders are speculating that a big price surge could be coming soon.</p>   
<h2 class="wp-block-heading" id="h-analyst-bluntz-predicts-big-gains-for-doge">Analyst Bluntz Predicts Big Gains for DOGE</h2>   
<p>Pseudonymous analyst Bluntz has suggested that Dogecoin is ready for another surge after bouncing off a local bottom at around $0.339. He believes DOGE could soar to $0.85, completing a five-wave rally.</p>   
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 <p><em>“Nothing changed, we just had a nice 23% low time frame dip I’m counting as a wave four within a monster extended wave three impulse.”</em></p> 
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<p>Bluntz also pointed out that DOGE’s next move might take liquidity away from smaller meme coins, which have seen a rise in activity lately.</p>   
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   https://twitter.com/Bluntz_Capital/status/1858257333954199855 
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<p>Bluntz’s prediction is grounded in Elliott Wave theory, which suggests that a bullish asset usually follows a five-wave pattern. In this pattern, waves one, three, and five are upward moves, while waves two and four are corrective.</p>   
<p>The analyst is hoping for a slow, steady climb in Dogecoin over the next few days, setting up for a potential breakout later in the week.</p>   
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 <p><em>“I think DOGE is gonna gently remind everyone who the king is this week,” </em></p> 
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<h2 class="wp-block-heading" id="h-ali-martinez-sees-a-120-rally-ahead">Ali Martinez Sees a 120% Rally Ahead</h2>   
<p>Ali Martinez, a technical and on-chain analyst in a latest X post has shared a chart noting that <a href="https://coinpedia.org/price-analysis/dogecoin-price-prediction-bullish-rally-hints-a-retest-at-0-5/" target="_blank" rel="noreferrer noopener">Dogecoin is breaking out of a bull flag</a>, which anticipates a 120% rally to $0.82 as long as the $0.37 support holds.</p>   
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   https://twitter.com/ali_charts/status/1858775048317767857 
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<h2 class="wp-block-heading" id="h-dogecoin-s-current-performance-and-technical-indicators">Dogecoin’s Current Performance and Technical Indicators</h2>   
<p>At the moment, <a href="https://coinpedia.org/news/crypto-price-today-nov-19th-2024-bitcoin-price-surges-above-92k-eth-sol-xrp-await-bulls/" target="_blank" rel="noreferrer noopener">Dogecoin is trading at $0.3996</a>, up by more than 11% in the last 24 hours, and has a market value of over $57.85 billion. Its weekly technical chart shows a "rounding bottom" pattern, which is a bullish reversal setup. When this pattern completes, it often signals a significant price rise.</p>   
<p>Recently, Trump announced the formation of DOGE under the supervision of <a href="https://coinpedia.org/news/donald-trump-taps-elon-musk-to-lead-new-u-s-doge-department/" target="_blank" rel="noreferrer noopener">Vivek Rawaswamy and Elon Musk</a> on November 12, 2024. Simultaneously, <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/" target="_blank" rel="noreferrer noopener">Dogecoin has surged from $0.15 to a high of $0.42</a> and is now trading at $0.3996. This impressive rally has ignited a buzz in the crypto community, with many speculating how far Musk’s influence could propel DOGE.</p>   
<p>Given the current market conditions, continued investor support, and the effort to keep its price above the $0.42 mark, some analysts believe Dogecoin could eventually reach $1.</p>   
<p><strong>With strong technical signals, growing investor interest, and backing from influential figures like Musk, Dogecoin’s future is looking increasingly promising.</strong></p>

Will Dogecoin Reach $1 in 2024? Analyst Predicts Strong Rally Ahead

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