• Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt
No Result
View All Result
Card Bitcoin
Shop
Card Bitcoin
No Result
View All Result
Home Dogecoin

Can Dogecoin Replicate Its 2021 18,000% Run? Here’s What The Chart Says

n70products by n70products
August 1, 2024
in Dogecoin
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Crypto analyst Kevin (formerly OG Yomi) has made a bullish case for Dogecoin (DOGE). Based mostly on his evaluation, the foremost meme coin may replicate its 2021 bull run when it loved a value achieve of 18,000%.

Dogecoin Might Quickly Replicate Its 2021 Bull Run

Kevin instructed in an X (previously Twitter) post that Dogecoin may quickly replicate its 2021 run when it made a value achieve of 18,000%. This got here following his assertion that DOGE is 2 to 3 weeks away from attaining its first weekly golden cross in 4 years. The analyst famous that the meme coin went “parabolic” for six straight months and loved a value rally of 18,000% the final time this occurred in 2021. 

Associated Studying

Dogecoin 1
Supply: X

Crypto analysts like Javon Marks have additionally raised the opportunity of Dogecoin replicating its 2021 run and even surpassing it at totally different factors on this market cycle. Marks predicted that the foremost meme coin may take pleasure in a value rally of over 21,000% in this bull run and rise to $17. This prediction relies on Dogecoin’s historic breakout pattern, through which the meme coin has loved extra important value rallies in each subsequent bull run. 

Extra not too long ago, Marks stated that Dogecoin’s rise to $0.6533 is simply a matter of time and that the meme coin may take pleasure in a 90% value rally to $1.25. Whereas the analyst’s value prediction of $17 is undoubtedly formidable since it’s going to give Dogecoin a market cap of about $2.4 trillion, the value goal of $1 seems to be extra possible, and this can be a value degree that another analysts, like Altcoin Sherpa, have agreed that DOGE can attain. 

Within the meantime, buyers hope that Dogecoin can efficiently obtain the Golden Cross and that historical past will repeat itself. DOGE is properly in want of such a transfer, contemplating how the foremost meme coin has underperformed compared to different main meme cash like Pepe (PEPE), Floki (FLOKI), and Dogwifhat (WIF). 

One Final Alternative To Purchase DOGE

Crypto analyst The Cryptomist not too long ago instructed that buyers may have one final alternative to purchase Dogecoin at a reduction earlier than it makes its parabolic transfer. Based mostly on a rising wedge pattern highlighted on Dogecoin’s chart, she predicts that the foremost meme coin will nonetheless drop to as little as $0.08 and probably $0.05. 

Associated Studying

Dogecoin 2
Supply: X

Nevertheless, she is bullish on Dogecoin long-term, stating that the foremost meme coin has a “excessive probability” of reaching $1 this yr. Crypto analyst Crypto Kaleo additionally not too long ago predicted that Dogecoin may drop to as little as $0.08 before it runs to $1.

Dogecoin 3
Supply: X

On the time of writing, Dogecoin is buying and selling at round $0.129, up over 4% within the final 24 hours, in keeping with data from CoinMarketCap. 

Dogecoin price chart from Tradingview.com
DOGE value rising from lows | Supply: DOGEUSDT on Tradingview.com

Featured picture created with Dall.E, chart from Tradingview.com



Source link

Tags: ChartDogecoinHeresReplicateRun
Previous Post

Analyst Says XRP on Cusp of Bullish Breakout if It Can Break Through This Major Resistance Level

Next Post

Market Experts Update Ethereum Predictions: Is A 1,400% Rally To $50,000 Possible?

Next Post

Market Experts Update Ethereum Predictions: Is A 1,400% Rally To $50,000 Possible?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Product categories

  • Bitcoin Book
  • Bitcoin Coin
  • Bitcoin Hat
  • Bitcoin Merch
  • Bitcoin Miner
  • Bitcoin Miner Machine
  • Bitcoin Shirt
  • Bitcoin Standard
  • Bitcoin Wallet
  • Products
  • Uncategorized

Related News

We are sunsetting Studio | Ethereum Foundation Blog

We are sunsetting Studio | Ethereum Foundation Blog

November 19, 2024
Bitcoin ETF outflows persist: ‘That’s a big red flag,’ says community

Bitcoin ETF outflows persist: ‘That’s a big red flag,’ says community

March 16, 2025
Solana Rival SUI Could Be In for Further Dramatic Collapse, According to Analyst Jason Pizzino – Here’s His Targets

Solana Rival SUI Could Be In for Further Dramatic Collapse, According to Analyst Jason Pizzino – Here’s His Targets

February 5, 2025

Recents

If stablecoins are banks, what’s a bank?

If stablecoins are banks, what’s a bank?

June 1, 2025
Why MSTR’s 133K Bitcoin bet in 2025 is far from over!

Why MSTR’s 133K Bitcoin bet in 2025 is far from over!

June 1, 2025
Man Drains $3,490,000 From US Government, Several Companies in Bank Fraud Scheme: DOJ

Man Drains $3,490,000 From US Government, Several Companies in Bank Fraud Scheme: DOJ

June 1, 2025

CATEGORIES

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

BROWSE BY TAG

Altcoin ALTCOINS Analyst Binance Bitcoin Bitcoins Blog Breakout BTC Bullish Bulls Coinbase Crash Crypto DOGE Dogecoin ETF ETH Ethereum Foundation Heres high hits Key Level Major Market Memecoin Move Outlook Predicts Price Rally Report SEC Solana Support Surge Target Top Trader Trump Updates Whales XRP

© 2024 Card Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt

© 2024 Card Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version