Can Dogecoin ($DOGE ) reach 4 without relentless progress?
Dogecoin (#DOGE ) price has sparked speculations about 4 targets with its recent rally. With whale options and strong bullish momentum supporting DOGE, can the popular memecoin be reached for 4 this cycle?
Dogecoin has been performing strongly since November 19 and according to the analyst, it could exceed $4 this cycle. The crypto analyst known as Zer0 stated that the $4 target for DOGE is not too far-fetched.
DOGE is currently trading at $0.3874 and has gained 3.7 percent in the last 24 hours.

Analysts are hopeful about Dogecoin (DOGE) Crypto analyst Zer0 predicts that Dogecoin could rise above $4. The analyst thinks that the price of DOGE is low and the story is that the price could move higher.
If Dogecoin reaches 4, its market value will reach 584 billion. Although the Elon Musk effect and investments such as the Department of Government Efficiency (D.O.G.E) make it possible to reach this value, this short/medium planned target seems very difficult.
Another analyst Bluntz predicts that DOGE will rise, but that this will be a slow process. Bluntz, who gave a target of $ 1 for Dogecoin based on Elon Musk's X share, excited his followers.
The elements to watch out for for the popular memecoin will be Elon Musk and D.O.G.E. Musk's continued social media posts about Dogecoin have not separated the price to even higher levels.
#MemeWatch2024 #elonmusk #DOGEUSDT #mememcoinseason2024

The latest #DOGE rally has positioned the meme coin among the top gainers, with analysts pointing to further upside amid a bull flag formation.
Trader Tardigrade, a market expert, recently shared an analysis pointing to $0.90 as Dogecoin’s next target, citing the formation of a second bull pennant pattern on the 2-hour price chart.
The First $DOGE Bull Pennant
The first bullish pennant formed between Nov. 5 and 7. This pattern began with an initial surge from $0.1677 to $0.2187, coinciding with market optimism following a significant geopolitical event—the victory of Donald Trump in the U.S. elections. This rally created the flagpole of the first pennant.
Shortly after reaching the $0.2187 peak, Dogecoin faced a pullback, dropping to $0.1857 as profit-taking ensued. However, the asset entered a phase of consolidation, during which prices stabilized within a narrowing range, forming the flag portion of the pattern.

When Dogecoin broke above this pennant’s upper resistance on Nov. 7, the move ignited a massive rally. Over the next five days, the price soared to a three-year high of $0.4389 by Nov. 12, marking a staggering 139% increase from a $0.1857 low on Nov. 7.
Dogecoin Forms the Second Bull Pennant
Following the rally to $0.4389, Dogecoin dropped and entered another consolidation phase. The latest price action mirrors the first bull pennant structure, with the recent surge forming a second flagpole. This rise, which pushed DOGE from $0.3 to $0.4389, set the stage for the ongoing consolidation.
Currently, Dogecoin’s price is moving within a tightening range, indicating that the flag portion of the second pennant is near completion. Market watchers often interpret such patterns as signals of continuation, where the breakout direction aligns with the preceding bullish trend.
Trader Tardigrade anticipates that this second pennant will soon lead to another breakout. If the formation plays out as expected, Dogecoin’s price could potentially skyrocket to $0.9. This projected move represents a 139% gain from its current level, similar to the magnitude of the first pennant’s breakout.
At press time, Dogecoin currently changes hands at $0.3752. One factor that could support the potential push toward the $0.9 level is a renewal of whale accumulation. The Crypto Basic confirmed yesterday that DOGE whales recently procured 160 million tokens in 24 hours.
#DOGEUSDT #MemeWatch2024 #NextMarketMoves #binance

#DOGEUSDT 1-day timeframe, where the current RSI has reached an overbought level of 92. Historically, each time the RSI surpassed the 90 mark, it signaled a peak in price action, followed by a subsequent decline. Notable instances marked on the chart demonstrate this consistent behavior.
With the RSI hitting 92 once again, we may anticipate a similar pattern repeating, suggesting that a potential price correction could follow soon. #doge⚡ #DogecoinCommunity

Dogecoin (#DOGE ) has renewed its monthly rise and given the green light for a new rally.
Crypto analyst Alan stated that Dogecoin ($DOGE ) has maintained its all-time high price. The popular memecoin, which exploded with Donald Trump's gains in the US presidential elections, has increased by 300 percent in the last month. Elon Musk, who supports Trump, played a critical role in the rise by sharing social media posts about DOGE.

Dogecoin (DOGE) may be at a new rally level
Dogecoin's previous high level has risen rapidly, breaking its monthly average price. In the first major rise, Dogecoin increased by 1000 percent from $ 0.0172 to 0.1892 in eight months. DOGE, which shook the market in this process, has made a great reputation.
It is predicted that this past trend can provide similar growth once again. Experienced traders think that there may be a similar rise in the price of DOGE in the next 4 to 8 months. It is estimated that Dogecoin could reach mid-2025 to 24. This price target seems quite high at the moment. Some DOGE investors think that this target can be reached within 2025.
According to IntoTheBlock systems, Dogecoin recorded highs and highs in large time intervals. In the last 24 hours, 6.13 thousand large transactions were made. Although the data in question is at the same level as a week ago, there is a significant increase in the transaction volume. This increase shows that the big players in the market (institutional or whales) are more active.
#DOGEUSDT #MemecoinWars #TrumpNominatesMuskDOGE #binance

#US President-elect #donaldtrump has chosen Tesla CEO Elon Musk and Strive Enterprises co-founder Vivek Ramaswamy to head the Department of Government Efficiency ($DOGE ).
Trump said in his statement, "Together with these two great Americans, we will tear down government bureaucracy, reduce unnecessary regulations, cut wasteful spending, and restructure federal agencies." Donald Trump stated that this new budget to be established has good intentions for structural reforms and will adopt an unprecedented "entrepreneurial approach" in cooperation with the White House and the Office of Budget and Management.
Dogecoin (DOGE) effect in US presidential elections
Previously, Musk spent dollars worldwide in support of Trump's re-election campaign in November and appeared at some rallies. Musk has long been known as a Dogecoin supporter and the extension of the new portfolio, "DOGE", is the same as Dogecoin's approval code (abbreviation).
Following Trump’s election victory, Musk played an important role by actively participating in determining the new administration’s staff. ABC News reported on Musk’s contributions on Tuesday.
American entrepreneur Ramaswamy had previously competed with Trump for the Republican Party’s presidential candidacy but later supported Trump.
Ramaswamy shared the news on the X platform and wrote the message, “We will go quietly.” Musk shared a post saying, “Threat to democracy? No, a threat to bureaucracy!” On the other hand, Democratic Senator Elizabeth Warren, known for her distant approach to cryptocurrencies, made a critical comment on this appointment and used the following statements on X:
Meanwhile, the price of Dogecoin has increased by 12.2 percent in the last 24 years to 0.406. There was a 136 percent increase in value in the last week of the US presidential election calendar. According to CoinMarketCap, Dogecoin’s market value has now reached 60 billion.
#DOGEUSDT #DogecoinPriceSurge #TrumpNominatesMuskDOGE

Thе crypto mаrkеt witnеssеd а drаmаtic shift following Donаld Trump’s victory lаst wееk. Dogecoin ($DOGE ), thе world’s most prominеnt meme coin, еmеrgеd аs thе biggеst bеnеficiаry, еxtеnding its wееkly gаins to а stаggеring 86%. This surgе propеllеd #DOGE to thе covеtеd sixth position in thе cryptocurrеncy rаnkings, surpаssing еstаblishеd plаyеrs likе XRP аnd USDC. Thе mаrkеt cаpitаlizаtion of DOGE skyrockеtеd to а nеw high of $42.98 billion, furthеr solidifying its position аs а mаjor forcе in thе digitаl аssеt lаndscаpе.

Analysts Anticipate a Major Rally for Dogecoin
Crypto аnаlysts аrе brimming with optimism rеgаrding Dogecoin’s futurе trаjеctory. Ali Mаrtinеz bеliеvеs thаt DOGE is on trаck for а notаblе rаlly. Drаwing insights from historicаl chаrt pаttеrns, Mаrtinеz pinpoints а potеntiаl pricе pеаk for Dogecoin bеtwееn thе 1.618 аnd 2.272 Fibonаcci lеvеls. This trаnslаtеs to а tаrgеt rаngе of $3.95 to $23.26, indicаting а potеntiаl pаrаbolic phаsе for thе meme coin аnd а substаntiаl opportunity for growth.
Dаtа from Coinglаss rеvеаls а significаnt аmount of liquidаtion аctivity surrounding Dogecoin in thе pаst 24 hours. Ovеr $66 million worth of DOGE positions wеrе liquidаtеd, with short liquidаtions аccounting for $32.76 million аnd long liquidаtions for $33.77 million. Intеrеstingly, thе opеn intеrеst for DOGE hаs аlso surgеd by а rеmаrkаblе 18.21%, surpаssing $2.42 billion. This suggеsts thаt dеspitе somе short-tеrm volаtility, trаdеrs rеmаin bullish on Dogecoin’s long-tеrm prospеcts.
Meme Coin Frenzy: Dogecoin Leads the Charge
Dogecoin’s mеtеoric risе hаs spаrkеd а rеvivаl аcross thе еntirе meme coin sеctor. Shiba Inu (SHIB), а closе compеtitor, еxpеriеncеd а 12% incrеаsе in thе lаst 24 hours, pushing its wееkly gаins to ovеr 52%. Othеr notаblе gаinеrs includе Pеpе Coin (PEPE), Dogwifhаt (WIF), аnd Bonk (BONK), еаch rеcording imprеssivе gаins rаnging from 45% to 49% ovеr thе pаst wееk. Notаbly, thе PEPE pricе аppеаrs to bе on thе cusp of аnothеr significаnt rаlly, potеntiаlly еxcееding 200% in thе nеаr futurе.
Thе combinеd impаct of thеsе rаlliеs hаs propеllеd thе ovеrаll cryptocurrеncy mаrkеt cаpitаlizаtion to а stаggеring $2.07 trillion. This rеprеsеnts а rеmаrkаblе incrеаsе of $400 billion within а wееk, with Dogecoin lеаding thе chаrgе. Whilе still short of thе аll-timе high of $2.76 trillion rеаchеd in Mаrch 2024, thе mаrkеt is undеniаbly on аn upwаrd trаjеctory.
Bitcoin, thе undisputеd lеаdеr, hаs аlso bеnеfitеd from this positivе sеntimеnt, rеcеntly hitting а nеw аll-timе high of $81,843. Anаlysts аrе now cаutiously optimistic аbout thе possibility of Bitcoin rеаching thе highly аnticipаtеd $100,000 mаrk.
#DOGEUSDT #DogecoinPriceSurge #AltCoinRush #cryptomarketcapATH