Dogecoin

2024

Uniswap

<p>Crypto analyst Trader Tardigrade has shared a detailed technical analysis suggesting Dogecoin (DOGE) could reach $20 in its next market cycle. The analyst posted comparative charts on X, outlining a two-pump pattern that draws parallels between <a href="https://captainaltcoin.com/top-analyst-makes-bold-dogecoin-doge-price-prediction-but-theres-a-catch/" target="_blank" rel="noopener noreferrer nofollow">current market conditions</a> and previous DOGE cycles.</p>
<p>The analysis presents three distinct timeframes spanning from 2014 to the projected 2025 cycle. Each period demonstrates a consistent two-pump pattern, characterized by an initial sharp increase followed by a consolidation phase.&nbsp;</p>
<p>Previous cycles showed this pattern leading to substantial price movements.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Dogecoin</a> 2 Pump Pattern:<br>1st pump to $2 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>2nd pump to $20 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/search?q=%24Doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$Doge</a> Bull Run has just started.<br>We are still early <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/HaodXJ5LWd" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/HaodXJ5LWd</a></p>— Trader Tardigrade (@TATrader_Alan) <a href="https://twitter.com/TATrader_Alan/status/1858857272648364117?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 19, 2024</a>
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<p>Chart comparisons between 2014-2018 and 2018-2021 cycles reveal similar market behaviors. Both periods experienced a pause phase after the first pump, which created support levels for subsequent <a href="https://www.binance.com/en/square/post/16464762258673" target="_blank" rel="noopener noreferrer nofollow">upward movements</a>.</p>
<h2 class="wp-block-heading" id="strong-technical-indicators-support-bullish-outlook-strong"><strong>Technical Indicators Support Bullish Outlook</strong></h2>
<p>The comparative chart analysis identifies key support and resistance zones across multiple timeframes. A parabolic curve, marked in pink across all chart panels, emphasizes recurring price acceleration patterns throughout DOGE’s history.</p>
<p>These technical formations align with previous market cycles, where consolidation phases preceded major price movements. The analysis maps out potential price targets based on historical data and chart formations.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/uniswap-uni-price-shows-bullish-potential-after-recent-correction-heres-the-outlook/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Uniswap (UNI) Price Shows Bullish Potential After Recent Correction – Here’s the Outlook</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-price-targets-and-market-projection-strong"><strong>Price Targets and Market Projection</strong></h2>
<p>According to Trader Tardigrade’s analysis, the current cycle could see DOGE reach $2 during its first pump phase. This target represents a significant move from current price levels but remains within historical precedent for first-pump magnitudes.</p>
<p>The second pump projection aims at $20, based on multiplication factors observed in previous cycles. This forecast stems from analysis of prior market cycles, where second pumps consistently delivered larger percentage gains than initial movements.</p>
<p>Each pump phase shows distinct characteristics in the analysis, with the first displaying sharp, decisive moves and the second featuring more gradual, <a href="https://www.coindesk.com/markets/2024/11/20/dogecoin-xrp-trading-volumes-flip-bitcoins-in-south-korea/" target="_blank" rel="noopener noreferrer nofollow">sustained growth</a>. The current market position, according to the charts, places DOGE at the early stages of its first pump phase.</p>
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<p>The post <a href="https://captainaltcoin.com/dogecoin-price-chart-shows-same-pattern-that-led-to-previous-bull-runs-is-20-doge-realistic/" rel="noopener noreferrer nofollow">Dogecoin Price Chart Shows Same Pattern That Led to Previous Bull Runs: Is $20 DOGE Realistic?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Dogecoin Price Chart Shows Same Pattern That Led to Previous Bull Runs: Is $20 DOGE Realistic?

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