Rally

<p>Top crypto analyst Bluntz forecasts <a href="https://captainaltcoin.com/top-analyst-predicts-dogecoin-could-hit-all-time-high-in-december-backed-by-doge-price-analysis/" target="_blank" rel="noopener noreferrer nofollow">major price movements for Dogecoin (DOGE)</a> in the coming market cycle. Through detailed technical analysis shared on X</p>
<p>, the trader maps out potential trajectories for both DOGE/BTC and DOGE/USD pairs, citing specific mathematical indicators and market patterns.</p>
<h2 class="wp-block-heading" id="strong-breaking-down-the-technical-framework-strong"><strong>Breaking Down the Technical Framework</strong></h2>
<p>The DOGE/BTC pair has completed a substantial market correction spanning from 2021 to 2024. This correction phase followed Elliott Wave principles, pulling back 90% from previous highs.&nbsp;</p>
<p>Chart analysis reveals a clean break above the descending trendline, backed by strengthening volume indicators.</p>
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   <p lang="en" dir="ltr">people keep asking me targets for <a href="https://twitter.com/search?q=%24doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$doge</a> atleast every other day so just this one time ill bite.<br><br>doge/btc from a cycle perspective is now in a monster uptrend, it did a cycle ABC lasting from 21-24 which drewdown 90% <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f92f.png" alt="🤯" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>i would expect doge/btc to hit ath this cycle and a simple… <a href="https://t.co/lVNQPgdSQi" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/lVNQPgdSQi</a></p>— Bluntz (@Bluntz_Capital) <a href="https://twitter.com/Bluntz_Capital/status/1862718771686969585?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 30, 2024</a>
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<p>Trade data points to sustained buying pressure across key price levels. The asset’s technical indicators, including an RSI reading of 75.18, suggest strong upward momentum. Market participants have demonstrated increased interest through rising volume profiles.</p>
<h2 class="wp-block-heading" id="strong-mathematical-projections-and-price-correlations-strong"><strong>Mathematical Projections and Price Correlations</strong></h2>
<p>Bluntz employs Fibonacci extension analysis to derive price targets for the DOGE/BTC trading pair. The calculations point to a target of 0.00002100, translating to a 373% upward move from current levels. This projection takes into account broader market conditions and Bitcoin’s own price dynamics.</p>
<p>The analyst factors in Bitcoin’s potential movement toward $140,000, which adds another layer to the DOGE price equation. The combined mathematical outlook suggests a 420% total <a href="https://finbold.com/dogecoin-bull-run-has-just-started-according-to-analyst/" target="_blank" rel="noopener noreferrer nofollow">gain potential for DOGE</a> when measured in USD terms.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/why-2025-could-be-sui-networks-breakout-year/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Why 2025 Could Be SUI Network’s Breakout Year</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-market-structure-and-volume-dynamics-strong"><strong>Market Structure and Volume Dynamics</strong></h2>
<p>Trading patterns show <a href="https://www.coingecko.com/en/coins/dogecoin" target="_blank" rel="noopener noreferrer nofollow">DOGE price</a>&nbsp; breaking free from a long-term consolidation range at $0.42, marking a 160% increase. Volume analysis confirms buyer conviction through consistent upticks during price advances. The previous peak of $0.74 stands as a key reference point on the path to higher targets.</p>
<p>Chart formations display an evolving market structure with established support zones. These price levels create a foundation for potential future movements. Volume metrics indicate steady market engagement, with clear signs of institutional and retail participation at current valuations.</p>
<p>The technical confluence aligns with broader market movements, suggesting a shift in trading dynamics for the popular digital asset. Support levels appear well-defined, offering stability markers for traders navigating the current market phase.</p>
<p><em><strong>Follow us on&nbsp;<a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>,&nbsp;<a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap&nbsp;</a>and&nbsp;<a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a>&nbsp;for more daily crypto updates.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/dogecoin-doge-to-2-20-analyst-predicts-420-price-rally-as-bitcoin-btc-targets-140k/" rel="noopener noreferrer nofollow">Dogecoin (DOGE) to $2.20? Analyst Predicts 420% Price Rally as Bitcoin (BTC) Targets $140K</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Dogecoin (DOGE) to $2.20? Analyst Predicts 420% Price Rally as Bitcoin (BTC) Targets $140K

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