{"id":124240,"date":"2024-11-10T13:48:56","date_gmt":"2024-11-10T06:48:56","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=124240"},"modified":"2024-11-10T13:48:56","modified_gmt":"2024-11-10T06:48:56","slug":"dogecoin-price-sees-bi-monthly-rsi-rise-to-2020-levels-heres-what-happened-last-time","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=124240","title":{"rendered":"Dogecoin Price Sees Bi-Monthly RSI Rise To 2020 Levels, Here&#8217;s What Happened Last Time"},"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<p><span style=\"font-weight: 400;\">Crypto analyst <\/span><a href=\"https:\/\/bitcoinist.com\/is-a-400000-target-for-bitcoin-realistic\/\"><span style=\"font-weight: 400;\">Trader Tardigrade<\/span><\/a><span style=\"font-weight: 400;\"> has highlighted a similarity between the Dogecoin price action and that witnessed in 2020. The analyst further revealed what happened the last time this pattern formed on the Dogecoin chart and what to expect.\u00a0<\/span><\/p>\n<h2>Dogecoin Price Sees Bi-Monthly Rise To 2020 Levels<\/h2>\n<p><span style=\"font-weight: 400;\">In an X post, Trader Tardigrade revealed that the Dogecoin price bi-monthly <\/span><a href=\"https:\/\/bitcoinist.com\/dogecoins-rsi-shift-ignites-optimism\/\"><span style=\"font-weight: 400;\">RSI (Relative Strength Index)<\/span><\/a><span style=\"font-weight: 400;\"> has risen to levels last seen in 2020. The analyst further noted this was happening right before the massive bull run. In line with this, he predicts that the three bi-monthly candles will be huge for Dogecoin.\u00a0<\/span><\/p>\n<figure id=\"attachment_338398\" aria-describedby=\"caption-attachment-338398\" style=\"width: 512px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"size-medium wp-image-338398\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/11\/Dogecoin-price.png?w=512&amp;resize=512%2C411\" alt=\"Dogecoin price\" width=\"512\" height=\"411\"\/><figcaption id=\"caption-attachment-338398\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The analyst\u2019s accompanying chart showed that massive giant candles followed when the Dogecoin price RSI rose to these levels in 2020. This eventually paved the way for Dogecoin to reach its current <\/span><a href=\"https:\/\/bitcoinist.com\/dogecoin-80-billion-market-cap\/\"><span style=\"font-weight: 400;\">all-time high (ATH)<\/span><\/a><span style=\"font-weight: 400;\"> of $0.73. Interestingly, Trader Tardigrade\u2019s chart showed that the Dogecoin price could rise to as high as $44 this time around.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Such a parabolic move will be possible if the Dogecoin price replicates its gain of over 26,000% in the 2021 bul run. Alongside Trader Tardigrade, some other crypto analysts have also offered ultra-bullish predictions for the Dogecoin price this week.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Crypto analyst <\/span><a href=\"https:\/\/bitcoinist.com\/dogecoin-price-23-elon-musk\/\"><span style=\"font-weight: 400;\">Ali Martinez mentioned<\/span><\/a><span style=\"font-weight: 400;\"> that the Dogecoin price could rise to as high as $23 in this market cycle. He explained that this could happen if DOGE were to rally to the 1.1618 or even 2.272 Fibonacci levels. The analyst also suggested that the world\u2019s richest man, Elon Musk, could contribute to this price rally.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Crypto analyst Olivier also predicted that the Dogecoin price could rise to as high as $32 in this bull run. The analyst is confident that this parabolic rally could happen since there are predictions that the <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-price-roadmap-1000000\/\"><span style=\"font-weight: 400;\">Bitcoin price can<\/span><\/a><span style=\"font-weight: 400;\"> rise to $1 million.\u00a0<\/span><\/p>\n<h2>DOGE\u2019s Growth Potential In Comparison To Bitcoin<span style=\"font-weight: 400;\">\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Crypto analyst <\/span><a href=\"https:\/\/bitcoinist.com\/floki-master-plan-shiba-inu\/\"><span style=\"font-weight: 400;\">Master Kenobi<\/span><\/a><span style=\"font-weight: 400;\"> recently analyzed Dogecoin\u2019s price growth potential in comparison to Bitcoin. In an X post, the analyst noted that Bitcoin has already achieved a 5x from the market bottom, while Dogecoin has only managed a 4x so far. He further noted that BTC\u2019s market cap is $1.5 trillion, while DOGE\u2019s is $29 billion, which is a 51x difference between these market caps.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Having made these points, Master Kenobi highlighted the Dogecoin price growth potential. He claimed that Dogecoin\u2019s market cap could increase 10x from this point and rise to $290 billion, which will put DOGE\u2019s price at $2. Meanwhile, he predicts that the <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-price-dip-below-70000\/\"><span style=\"font-weight: 400;\">Bitcoin price<\/span><\/a><span style=\"font-weight: 400;\"> would only 2x from this point, rise to $150,000, and attain a market cap of $3 trillion.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the time of writing, the Dogecoin price is trading at around $0.2, up over 3% in the last 24 hours, according to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/dogecoin\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">data<\/span><\/a><span style=\"font-weight: 400;\"> from CoinMarketCap.\u00a0<\/span><\/p>\n<figure style=\"width: 3286px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/exhp3z08\/\" alt=\"Dogecoin price chart from Tradingview.com\" width=\"3286\" height=\"1518\"\/><figcaption class=\"wp-caption-text\">DOGE price pushes above $0.2 again | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow noopener\" target=\"_blank\">DOGEUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n<p>Featured image created with Dall.E, chart from Tradingview.com<\/p>\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:\/\/bitcoinist.com\/dogecoin-price-bi-monthly-rsi\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Trader Tardigrade has highlighted a similarity between the Dogecoin price action and that witnessed in 2020. The analyst further revealed what happened the last time this pattern formed &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=124240\" 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-124240","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/124240","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=124240"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/124240\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=124240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=124240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=124240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}