{"id":121558,"date":"2024-11-03T10:53:48","date_gmt":"2024-11-03T03:53:48","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=121558"},"modified":"2024-11-03T10:53:48","modified_gmt":"2024-11-03T03:53:48","slug":"dogecoins-latest-bullish-flag-pattern-can-push-doges-price-to","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=121558","title":{"rendered":"Dogecoin&#8217;s latest bullish flag pattern can push DOGE&#8217;s price to&#8230;"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<ul>\n<li><em><span style=\"font-weight: 400;\">Dogecoin\u2019s price appreciated by more than 20% in the last seven days<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><em><span style=\"font-weight: 400;\">A few market indicators hinted at a correction in the near term<\/span><\/em><\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/category\/dogecoin-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Dogecoin [DOGE]<\/span><\/a><span style=\"font-weight: 400;\"> defied all odds last week with its impressive performance on the charts. That\u2019s not all though as some signs seemed to suggest that this just might be the beginning of yet another massive bull rally. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In fact, the latest analysis revealed a bull pattern, one which can push DOGE\u2019s price much higher.\u00a0<\/span><\/p>\n<h2>Dogecoin awaits a major breakout<\/h2>\n<p><span style=\"font-weight: 400;\">Dogecoin\u2019s bulls clearly dominated the market last week as the memecoin\u2019s price appreciated by more than 20% in the last seven days. In the last 24 hours alone, DOGE\u2019s price surged by 4%. At press time, the world\u2019s largest memecoin was trading at $0.1622. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">AMBCrypto\u2019s look at IntoTheBlock\u2019s data revealed that after the aforementioned hike, 5.34 million DOGE addresses were in profit. This number accounted for 84% of the total number of Dogecoin addresses.\u00a0<\/span><\/p>\n<div id=\"attachment_439019\" style=\"width: 2360px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-439019\" class=\"wp-image-439019 size-full\" alt=\"\" width=\"2350\" height=\"892\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM.png 2350w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM-300x114.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM-1024x389.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM-768x292.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM-1536x583.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM-2048x777.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM-1200x455.png 1200w\" data-lazy-sizes=\"(max-width: 2350px) 100vw, 2350px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM.png\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-439019\" class=\"wp-image-439019 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM.png\" alt=\"\" width=\"2350\" height=\"892\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM.png 2350w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM-300x114.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM-1024x389.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM-768x292.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM-1536x583.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM-2048x777.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.00.18\u202fPM-1200x455.png 1200w\" sizes=\"auto, (max-width: 2350px) 100vw, 2350px\"\/><\/a><\/p>\n<p id=\"caption-attachment-439019\" class=\"wp-caption-text\">Source: IntoTheBlock<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">Amidst all this, Ali, a popular crypto analyst, shared a <\/span><a href=\"https:\/\/x.com\/ali_charts\/status\/1852553884830486881?t=b42APr_lbjdvPH-qMtsVPw&amp;s=19\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\"><span style=\"font-weight: 400;\">tweet<\/span><\/a><span style=\"font-weight: 400;\"> highlighting a bull pattern on Dogecoin\u2019s chart. According to the same, DOGE\u2019s price surged sharply a few days ago. Following the same, DOGE\u2019s price registered a slight correction. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, this helped in forming a bullish flag pattern. At press time, DOGE was on the right track as it seemed to be approaching the upper limit of the pattern. A breakout above this flag pattern could push DOGE to $0.209 in the coming weeks.\u00a0<\/span><\/p>\n<div id=\"attachment_439021\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.48.56\u202fPM-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-439021\" class=\"wp-image-439021 size-large\" alt=\"DOGE's bull flag pattern\" width=\"600\" height=\"1024\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.48.56\u202fPM-1-600x1024.png 600w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.48.56\u202fPM-1-176x300.png 176w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.48.56\u202fPM-1-768x1311.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.48.56\u202fPM-1.png 826w\" data-lazy-sizes=\"(max-width: 600px) 100vw, 600px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.48.56\u202fPM-1-600x1024.png\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-439021\" class=\"wp-image-439021 size-large\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.48.56\u202fPM-1-600x1024.png\" alt=\"DOGE's bull flag pattern\" width=\"600\" height=\"1024\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.48.56\u202fPM-1-600x1024.png 600w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.48.56\u202fPM-1-176x300.png 176w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.48.56\u202fPM-1-768x1311.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-02-at-1.48.56\u202fPM-1.png 826w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\"\/><\/a><\/p>\n<p id=\"caption-attachment-439021\" class=\"wp-caption-text\">Source: X<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">Interestingly, Elon Musk also played a major role in DOGE\u2019s latest pump, something that has happened multiple times in the past. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">AMBCrypto had previously <\/span><a href=\"https:\/\/ambcrypto.com\/dogecoins-22-hike-a-product-of-musk-trump-buzz-but-is-there-more-to-come\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">reported<\/span><\/a><span style=\"font-weight: 400;\"> how Musk\u2019s X post included a Dogecoin image. This could have stirred up bullish sentiments, in turn pushing the memecoin\u2019s price up sharply.\u00a0<\/span><\/p>\n<h2>Will this uptrend sustain itself?<\/h2>\n<p><span style=\"font-weight: 400;\">Since DOGE\u2019s recent performance was bullish, AMBCrypto checked the memecoin\u2019s on-chain data to find out the odds of Dogecoin sustaining its rally. According to Santiment, DOGE\u2019s MVRV ratio dropped after spiking on 29 October. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Similarly, DOGE\u2019s velocity also dropped, meaning that Dogecoin was used less often in transactions within a set timeframe. Both of these metrics suggested that DOGE might see a correction while consolidating inside a bullish flag pattern.\u00a0<\/span><\/p>\n<div id=\"attachment_439023\" style=\"width: 2570px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-439023\" class=\"wp-image-439023 size-full\" alt=\"DOGE's MVRV ratio dropped\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024-2048x693.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024-1200x406.png 1200w\" data-lazy-sizes=\"(max-width: 2560px) 100vw, 2560px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024.png\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-439023\" class=\"wp-image-439023 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024.png\" alt=\"DOGE's MVRV ratio dropped\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024-2048x693.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/Dogecoin-DOGE-13.53.53-02-Nov-2024-1200x406.png 1200w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"\/><\/a><\/p>\n<p id=\"caption-attachment-439023\" class=\"wp-caption-text\">Source: Santiment<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">Finally, we assessed the memecoin\u2019s daily chart to better understand whether a price correction is around the corner or if it will continue to climb.\u00a0<\/span><\/p>\n<hr\/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Is your portfolio green? Check out the <\/span><a href=\"https:\/\/ambcrypto.com\/calculator\/profit\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Dogecoin Profit Calculator<\/span><\/a><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><\/p>\n<hr\/>\n<p><span style=\"font-weight: 400;\">We found that Dogecoin\u2019s Money Flow Index (MFI) registered a sharp downtick, hinting at a price decline. In case of a correction, DOGE might drop to its support near its 20-day SMA, from where the bulls will have an opportunity to regain control.\u00a0<\/span><\/p>\n<div id=\"attachment_439025\" style=\"width: 2274px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-439025\" class=\"wp-image-439025 size-full\" alt=\"\" width=\"2264\" height=\"1456\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06.png 2264w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06-300x193.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06-1024x659.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06-768x494.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06-1536x988.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06-2048x1317.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06-1200x772.png 1200w\" data-lazy-sizes=\"(max-width: 2264px) 100vw, 2264px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06.png\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-439025\" class=\"wp-image-439025 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06.png\" alt=\"\" width=\"2264\" height=\"1456\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06.png 2264w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06-300x193.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06-1024x659.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06-768x494.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06-1536x988.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06-2048x1317.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/DOGEUSD_2024-11-02_13-58-06-1200x772.png 1200w\" sizes=\"auto, (max-width: 2264px) 100vw, 2264px\"\/><\/a><\/p>\n<p id=\"caption-attachment-439025\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<\/div>\n<div class=\"post-nav\">\n<div class=\"next-blog\">\n\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/mapping-how-and-why-dogwifhat-wif-might-surge-by-60\/\" rel=\"prev\" data-wpel-link=\"internal\">Mapping how and why Dogwifhat [WIF] might surge by 60%<\/a>\t\t\t\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/ambcrypto.com\/dogecoins-latest-bullish-flag-pattern-can-push-doges-price-to\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin\u2019s price appreciated by more than 20% in the last seven days A few market indicators hinted at a correction in the near term Dogecoin [DOGE] defied all odds last &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=121558\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-121558","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/121558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=121558"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/121558\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=121558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=121558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=121558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}