{"id":126565,"date":"2024-11-16T16:28:03","date_gmt":"2024-11-16T09:28:03","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=126565"},"modified":"2024-11-16T16:28:03","modified_gmt":"2024-11-16T09:28:03","slug":"major-hindrances-to-dogecoin-price-hitting-1-according-to-this-crypto-analyst","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=126565","title":{"rendered":"Major Hindrances To Dogecoin Price Hitting $1 According To This Crypto Analyst"},"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<div class=\"article-translation\">\n\t\t\t<a href=\"https:\/\/www.newsbtc.com\/es\/news\/dogecoin\/dogecoin-price-hitting-1-analyst\/\" class=\"article-translation__link\"><br \/>\n\t\t\t\tEste art\u00edculo tambi\u00e9n est\u00e1 disponible en espa\u00f1ol.<br \/>\n\t\t\t<\/a>\n\t\t<\/div>\n<p><span style=\"font-weight: 400\">A crypto analyst, identified as \u2018Trading Jesus\u2019 on X (formerly Twitter), unveiled the roadmap for the Dogecoin price to reach $1. By highlighting Dogecoin\u2019s resistance and support levels, the analyst has underscored the major hindrance to the meme coin<\/span><a href=\"https:\/\/bitcoinist.com\/could-dogen-hit-1-before-dogecoin-and-shiba-inu-analysts-say-10000-gains-are-possible\/amp\/\" rel=\"nofollow\"> <span style=\"font-weight: 400\">hitting the $1 milestone<\/span><\/a><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<h2>Dogecoin Price Roadmap To The $1 Target<\/h2>\n<p><span style=\"font-weight: 400\">In his<\/span><a href=\"https:\/\/x.com\/jesus_trading\/status\/1856973616300105865?s=46\" rel=\"nofollow\"> <span style=\"font-weight: 400\">X post<\/span><\/a><span style=\"font-weight: 400\">, Trading Jesus shared a<\/span><a href=\"https:\/\/bitcoinist.com\/dogecoin-price-bitcoin-2016\/amp\/\" rel=\"nofollow\"> <span style=\"font-weight: 400\">Dogecoin chart<\/span><\/a><span style=\"font-weight: 400\"> on the 1-hour timeframe showing the support and resistance levels as the Dogecoin price aims for the $1 mark. Currently trading at $0.36, the crypto analyst has indicated that the<\/span><a href=\"https:\/\/bitcoinist.com\/dogecoin-price-keeps-shattering-resistance-with-20-rally-but-increasing-demand-over-this-token-presale-could-interfere\/amp\/\" rel=\"nofollow\"> <span style=\"font-weight: 400\">next resistance level<\/span><\/a><span style=\"font-weight: 400\"> for Dogecoin is $0.44.\u00a0<\/span><\/p>\n<p><h2 class=\"jeg_block_title\"><span>Related Reading<\/span><\/h2>\n<\/p>\n<figure id=\"attachment_653266\" aria-describedby=\"caption-attachment-653266\" style=\"width: 460px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"size-medium wp-image-653266\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/11\/Dogecoin-price-1-2.jpg?w=460&amp;resize=460%2C247\" alt=\"Dogecoin price $1\" width=\"460\" height=\"247\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/11\/Dogecoin-price-1-2.jpg?w=512 512w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/11\/Dogecoin-price-1-2.jpg?w=460 460w\" sizes=\"auto, (max-width: 460px) 100vw, 460px\" loading=\"lazy\"\/><figcaption id=\"caption-attachment-653266\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">This crucial level could trigger<\/span><a href=\"https:\/\/bitcoinist.com\/sells-dogecoin-to-buy-pepe\/amp\/\" rel=\"nofollow\"> <span style=\"font-weight: 400\">major selling pressures<\/span><\/a><span style=\"font-weight: 400\"> for the meme coin as investors start liquidating their holdings. However, if Dogecoin can successfully break above the $0.44 level, the meme coin could<\/span><a href=\"https:\/\/bitcoinist.com\/heres-how-high-doge-bull-run-will-go-before-a-reversal\/amp\/\" rel=\"nofollow\"> <span style=\"font-weight: 400\">enter a bullish phase<\/span><\/a><span style=\"font-weight: 400\">, with its next price high at around $0.56.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Trading Jesus has highlighted the $0.56 price increase as a<\/span><a href=\"https:\/\/bitcoinist.com\/91-of-bitcoin-holders-profit-66000-rally-data-shows\/amp\/\" rel=\"nofollow\"> <span style=\"font-weight: 400\">profit-taking level<\/span><\/a><span style=\"font-weight: 400\"> at which traders and investors could begin selling their Dogecoin for potential gains. The analyst has also pinpointed a higher resistance level at $0.73336 if Dogecoin can maintain its bullish momentum above that level.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the $0.73336 resistance level, Trading Jesus has predicted that Dogecoin could see its price surging to the highly coveted $1 milestone. His chart revealed<\/span><a href=\"https:\/\/www.newsbtc.com\/analysis\/doge\/doge-bulls-targets-0-4484-breakout\/amp\/\"> <span style=\"font-weight: 400\">Dogecoin\u2019s next bullish target<\/span><\/a><span style=\"font-weight: 400\"> to be $0.996 if its price continues increasing.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">On the flip side, Trading Jesus has also shown the<\/span><a href=\"https:\/\/www.newsbtc.com\/analysis\/doge\/dogecoin-doge-momentum-0-40\/amp\/\"> <span style=\"font-weight: 400\">support levels for Dogecoin<\/span><\/a><span style=\"font-weight: 400\"> if it fails to break past key resistance levels. The first support at $0.34 represents a crucial level where buyers might step in if the price of Dogecoin drops. This support level ultimately acts as a barrier to prevent more price drops.<\/span><\/p>\n<p><span style=\"font-weight: 400\">If<\/span><a href=\"https:\/\/bitcoinist.com\/past-trends-points-to-a-rejection-for-dogecoin\/amp\/\" rel=\"nofollow\"> <span style=\"font-weight: 400\">Dogecoin declines<\/span><\/a><span style=\"font-weight: 400\"> below the $0.34 support level, the cryptocurrency could experience further downward pressure, leading to a drop towards the $0.25 mark. If<\/span><a href=\"https:\/\/bitcoinist.com\/will-dogecoin-repeat-historical-trends\/amp\/\" rel=\"nofollow\"> <span style=\"font-weight: 400\">more pullbacks occur<\/span><\/a><span style=\"font-weight: 400\">, Trading Jesus has revealed that the Dogecoin price could bottom to new lows around the $0.18 level.\u00a0<\/span><\/p>\n<h2>Analyst Remains Bullish Despite DOGE\u2019s 8% Price Decline<\/h2>\n<p><span style=\"font-weight: 400\">While analysts foresee the<\/span><a href=\"https:\/\/bitcoinist.com\/dogecoin-doge-price-could-finally-reach-1-for-these-2-reasons\/amp\/\" rel=\"nofollow\"><span style=\"font-weight: 400\"> Dogecoin price hitting $1<\/span><\/a><span style=\"font-weight: 400\">, others have predicted even higher all-time highs for the popular meme coin. A crypto analyst known as the \u2018Cantonese Cat\u2019 on X has<\/span><a href=\"https:\/\/x.com\/cantonmeow\/status\/1857201728816312708?s=46\" rel=\"nofollow\"><span style=\"font-weight: 400\"> unveiled<\/span><\/a><span style=\"font-weight: 400\"> a weekly DOGE price chart projecting a potential leap to $4.\u00a0<\/span><\/p>\n<p><h2 class=\"jeg_block_title\"><span>Related Reading<\/span><\/h2>\n<\/p>\n<figure id=\"attachment_653268\" aria-describedby=\"caption-attachment-653268\" style=\"width: 460px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"size-medium wp-image-653268\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/11\/Dogecoin-price-1-2-1.jpg?w=460&amp;resize=460%2C231\" alt=\"Dogecoin price $1 2\" width=\"460\" height=\"231\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/11\/Dogecoin-price-1-2-1.jpg?w=512 512w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/11\/Dogecoin-price-1-2-1.jpg?w=460 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/11\/Dogecoin-price-1-2-1.jpg?w=360 360w\" sizes=\"auto, (max-width: 460px) 100vw, 460px\" loading=\"lazy\"\/><figcaption id=\"caption-attachment-653268\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">In the chart, the analyst indicated that Dogecoin is on its way to hitting the $0.42 price level at the 0.786 Fibonacci level. Breaking past this level could trigger a surge towards the 1.618 Fib, representing a<\/span><a href=\"https:\/\/bitcoinist.com\/dogecoin-price-rally-4-target\/amp\/\" rel=\"nofollow\"><span style=\"font-weight: 400\"> price increase above $4.0<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Cantonese cat has revealed that investors and traders likely have three to four weeks to accumulate at Dogecoin\u2019s current price of $0.36 before it shoots up to $4.\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\/MQCA1TSG\/\" alt=\"Dogecoin price chart from Tradingview.com\" width=\"3286\" height=\"1518\"\/><figcaption class=\"wp-caption-text\">DOGE price looking at reversal | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">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:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-price-hitting-1-analyst\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Este art\u00edculo tambi\u00e9n est\u00e1 disponible en espa\u00f1ol. A crypto analyst, identified as \u2018Trading Jesus\u2019 on X (formerly Twitter), unveiled the roadmap for the Dogecoin price to reach $1. By highlighting &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=126565\" 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-126565","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/126565","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=126565"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/126565\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}