{"id":12562,"date":"2022-04-02T12:44:43","date_gmt":"2022-04-02T12:44:43","guid":{"rendered":"http:\/\/egrowonline.com\/?p=12562"},"modified":"2022-04-02T12:44:43","modified_gmt":"2022-04-02T12:44:43","slug":"dogecoin-price-signals-a-60-bull-rally-ahead","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=12562","title":{"rendered":"Dogecoin price signals a 60% bull rally ahead"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"fxs_article_content\">\n<ul>\n<li><strong>Dogecoin price is currently bouncing off the $0.127 to $0.137 demand zone.<\/strong><\/li>\n<li><strong>A spike in buying is likely to propel DOGE by 60% to $0.215.<\/strong><\/li>\n<li><strong>A daily candlestick close below $0.127 will invalidate the bullish thesis.<\/strong><\/li>\n<\/ul>\n<div class=\"youtube_cke fxs_external\">\n<div class=\"jeg_video_container jeg_video_content\"><iframe loading=\"lazy\" title=\"Dogecoin price triggers textbook bullish pattern with 35% upside potential\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/v1m365L3y1M?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/div>\n<p>\u00a0<\/p>\n<p>Dogecoin price faces exhaustion after its <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/dogecoin-price-has-weak-hands-losing-sight-of-a-future-20-bull-rally-targeting-016-202203312133\" rel=\"noopener\">recent gains<\/a>, causing a minor retracement. This pullback has pushed DOGE into a demand zone, suggesting the possibility of a quick run-up.<\/p>\n<h2 class=\"fxs_headline_medium\"><strong>Dogecoin price to kick-start another run-up<\/strong><\/h2>\n<p>Dogecoin price retraced 14% <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/dogecoin-price-triggers-textbook-bullish-pattern-with-35-upside-potential-202203291330\" rel=\"noopener\">after a 40% upswing<\/a> that began on March 14. While the pullback will allow Dogecoin buyers to recuperate, it was caused by Bitcoin\u2019s sudden downtrend. Regardless, the retracement has caused DOGE to retest the $0.127 to $0.137 demand zone, which will provide bulls with the extra oomph to kick-start another leg-up.<\/p>\n<p>The resulting rally will propel DOGE to retest the $0.163 and $0.194 weekly resistance barriers. Clearing these hurdles is crucial for market makers to collect the buy-stop liquidity resting above the $0.194 barrier.<\/p>\n<p>This ascent, therefore, would <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/dogecoin-price-prediction-doge-on-track-to-025-202203292118\" rel=\"noopener\">constitute a 60% gain<\/a> for investors that are willing to seize the opportunity, and the time is now ripe as the Dogecoin price retests the daily demand zone.<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/DOGEPERP_2022-04-01_15-24-26-637844036712427469.png\" rel=\"noopener\"><img decoding=\"async\" alt=\"DOGE\/USDT 4-hour chart\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/DOGEPERP_2022-04-01_15-24-26-637844036712427469.png\" style=\"width: 950px;height: 540px\" \/><\/a><\/p>\n<p>DOGE\/USDT 4-hour chart<\/p>\n<p>While things are looking up for Dogecoin price, the breakdown out of the demand zone will put a final nail in the bulls\u2019 coffin.<\/p>\n<p>A daily candlestick close below $0.127 will invalidate the bullish thesis for Dogecoin price by creating a lower low. This move will also lead to the breakdown of the demand zone, indicating a surge in selling pressure.<\/p>\n<p>In this situation, market participants can expect DOGE to retrace to the $0.109 support level, allowing buyers to regroup and give the uptrend another go.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/dogecoin-price-signals-a-60-bull-rally-ahead-202204011013\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin price is currently bouncing off the $0.127 to $0.137 demand zone. A spike in buying is likely to propel DOGE by 60% to $0.215. A daily candlestick close below $0.127 will invalidate the bullish thesis. \u00a0 \u00a0 \u00a0 Dogecoin price faces exhaustion after its recent gains, causing a minor retracement. This pullback has pushed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12563,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[46],"tags":[1386,471,85,195,213,2102],"class_list":["post-12562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-ahead","tag-bull","tag-dogecoin","tag-price","tag-rally","tag-signals"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/04\/Test_discover_3_1_Large.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/12562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12562"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/12562\/revisions"}],"predecessor-version":[{"id":12564,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/12562\/revisions\/12564"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/12563"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12562"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}