{"id":39092,"date":"2024-02-23T08:02:31","date_gmt":"2024-02-23T08:02:31","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2024\/02\/23\/dogecoin-doge-price-shows-2020-like-setup-next-target-10\/"},"modified":"2024-02-23T08:02:31","modified_gmt":"2024-02-23T08:02:31","slug":"dogecoin-doge-price-shows-2020-like-setup-next-target-10","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2024\/02\/23\/dogecoin-doge-price-shows-2020-like-setup-next-target-10\/","title":{"rendered":"Dogecoin (DOGE) Price Shows 2020-Like Setup, Next Target $10?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>The world\u2019s largest memecoin Dogecoin (DOGE) has been a boring performer all through the altcoin bull over the previous couple of months. However, DOGE is forming a really comparable chart sample earlier than its mega bull run in 2021. Thus, if historical past repeats this time, the Dogecoin (DOGE) value could possibly be eyeing a possible goal of $10 within the subsequent bull run.<\/p>\n<h3>Dogecoin (DOGE) Price Gearing for A Mega Rally?<\/h3>\n<p>Renowned crypto analyst Ali Martinez observes putting similarities within the value conduct of Dogecoin between its latest actions and people witnessed in 2020, suggesting a possible repeat of historic patterns.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>Martinez highlights the resemblance between Dogecoin\u2019s present value motion and its conduct in 2020, whereby the cryptocurrency broke out from a descending triangle sample, entered a section of consolidation, and subsequently skilled an exponential surge of 28,770%.<\/p>\n<figure id=\"attachment_182067\" aria-describedby=\"caption-attachment-182067\" style=\"width: 2254px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-182067\" alt=\"\" width=\"2254\" height=\"1518\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price.jpeg 2254w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-300x202.jpeg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-1224x824.jpeg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-768x517.jpeg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-1536x1034.jpeg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-2048x1379.jpeg 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-150x101.jpeg 150w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-272x182.jpeg 272w\" data-lazy-sizes=\"(max-width: 2254px) 100vw, 2254px\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price.jpeg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-182067\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price.jpeg\" alt=\"\" width=\"2254\" height=\"1518\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price.jpeg 2254w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-300x202.jpeg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-1224x824.jpeg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-768x517.jpeg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-1536x1034.jpeg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-2048x1379.jpeg 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-150x101.jpeg 150w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-272x182.jpeg 272w\" sizes=\"auto, (max-width: 2254px) 100vw, 2254px\"\/><\/noscript><figcaption id=\"caption-attachment-182067\" class=\"wp-caption-text\">Courtesy: <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/ali_charts\/status\/1760921211251425472\" target=\"_blank\">Ali Martinez<\/a><\/figcaption><\/figure>\n<p>Presently, Dogecoin seems to be replicating this sample, having lately damaged out of a descending triangle and now present process a consolidation section. The analyst added that this consolidation section could possibly be establishing the stage for the subsequent bull run.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>However, observe that buyers have been lengthy awaiting the Dogecoin value to rally to $1. During the final bull run, the DOGE value touched its all-time excessive of 66 cents and corrected virtually 90% since then. At press time, DOGE is buying and selling at $0.084 with a market cap of $12.05 billion, holding above its 20-day SMA.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>Nonetheless, in response to the Bollinger Bands technical indicator, the bulls at the moment encounter vital resistance close to $0.089. A transparent breakthrough above the $0.089 barrier, positioned on the higher Bollinger Band of $0.089, has the potential to provoke a considerable bullish surge towards the anticipated <a href=\"https:\/\/coingape.com\/markets\/dogecoin-price-prediction-as-pattern-signals-rally-0-1\/\" target=\"_blank\" rel=\"noopener\">Dogecoin price target of $0.1<\/a>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-182071\" alt=\"\" width=\"2516\" height=\"978\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action.png 2516w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action-300x117.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action-1224x476.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action-768x299.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action-1536x597.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action-2048x796.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action-150x58.png 150w\" data-lazy-sizes=\"(max-width: 2516px) 100vw, 2516px\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-182071\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action.png\" alt=\"\" width=\"2516\" height=\"978\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action.png 2516w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action-300x117.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action-1224x476.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action-768x299.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action-1536x597.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action-2048x796.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-Price-Action-150x58.png 150w\" sizes=\"auto, (max-width: 2516px) 100vw, 2516px\"\/><\/noscript><\/p>\n<h3>DOGE Whales Accumulate<\/h3>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>Interestingly, on-chain knowledge signifies {that a} cohort of strategic whale buyers has opted to grab the chance offered by the market dip as an alternative of collaborating within the present pattern of promoting off property. The Santiment chart offered illustrates the dynamic shifts occurring within the steadiness of whale wallets, every containing a minimal of 10 million DOGE (~$800,000), providing real-time insights into their funding behaviors.<\/p>\n<figure id=\"attachment_182073\" aria-describedby=\"caption-attachment-182073\" style=\"width: 3186px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-182073\" alt=\"\" width=\"3186\" height=\"1492\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation.png 3186w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation-300x140.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation-1224x573.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation-768x360.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation-1536x719.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation-2048x959.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation-150x70.png 150w\" data-lazy-sizes=\"(max-width: 3186px) 100vw, 3186px\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-182073\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation.png\" alt=\"\" width=\"3186\" height=\"1492\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation.png 3186w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation-300x140.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation-1224x573.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation-768x360.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation-1536x719.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation-2048x959.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-DOGE-whale-accumulation-150x70.png 150w\" sizes=\"auto, (max-width: 3186px) 100vw, 3186px\"\/><\/noscript><figcaption id=\"caption-attachment-182073\" class=\"wp-caption-text\">Courtesy: Santiment<\/figcaption><\/figure>\n<p>The <a href=\"https:\/\/coingape.com\/markets\/dogecoin-price-prediction-how-doges-growing-adoption-could-trigger-rally-above-0-15\/\" target=\"_blank\" rel=\"noopener\">Dogecoin whale balance<\/a> at the moment stands at greater than 15 billion DOGE tokens.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/dogecoin-doge-price-shows-2020-like-setup-next-target-10\/\" target=\"_blank\" style=\"display: block\" rel=\"noopener\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/dogecoin-doge-price-shows-2020-like-setup-next-target-10\/\" target=\"_blank\" rel=\"noopener\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; 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<\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n     \n                              \n          <\/div>\n\n\n    \n          \n \n    \n            \n    <\/div>\n\n        --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/dogecoin-doge-price-shows-2020-like-setup-next-target-10\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The world\u2019s largest memecoin Dogecoin (DOGE) has been a boring performer all through the altcoin bull over the previous couple of months. However, DOGE is forming a really comparable chart sample earlier than its mega bull run in 2021. Thus, if historical past repeats this time, the Dogecoin (DOGE) value could possibly be eyeing 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