Bull Flag Formation Puts Dogecoin Price As High As $2.15 This Cycle

Name	Symbol	Market	Market Cap ($)	Algorithm
Dogecoin	DOGEUSD	Crypto	58,416,439,639	Scrypt

Name

Symbol

Market

Market Cap ($)

Algorithm

Dogecoin

DOGEUSD

Crypto

58,416,439,639

Scrypt

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.00086	0.22%	0.3993	0.3993	0.39931

Price Change

Price Change %

Current Price

Bid Price

Offer

0.00086

0.22%

0.3993

0.39931

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.40214	0.39429	0.3979	0.39844	0.074194 - 0.484640

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.40214

0.39429

0.3979

0.39844

0.074194 - 0.484640

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	04:48:09	26.60	0.39931	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

04:48:09

26.60

0.39931

USD

Price x Volume	Volume	Base Symbol	Related Pairs
15,842,705.67	39,757,672.50	DOGE	DOGEEUR	DOGEGBP	DOGEBTC

Price x Volume

Volume

Base Symbol

Related Pairs

15,842,705.67

39,757,672.50

Bull Flag Formation Puts Dogecoin Price As High As $2.15 This Cycle

14/12/2024 9:00pm

NEWSBTC

Crypto analyst Trader Tardigrade has highlighted a bullish pattern that has formed on the Dogecoin price chart. Based on this pattern, the analyst predicted that the Dogecoin price could reach as high as $2.15 in this market cycle. Bull Flag Puts The Dogecoin Price Target At $2.15 In an X post, Trader Tardigrade revealed a bull flag that had formed on DOGE’s daily chart. He stated that there is a tight consolidation within the bull flag. The analyst added that a long flagpole projects the Dogecoin price target at $2.15. Interestingly, his accompanying chart showed that the rally to this target could happen before the year ends. Related Reading: XRP Price Breakout Above $10: Analyst Tells Community To Pay Attention To This Fractal The Dogecoin price could be well-primed for this rally to the upside. In another X post, Trader Tardigrade stated that a possible Dogecoin scenario has come up with a double-bottom chart pattern. He added that DOGE had formed two equal lows with a resistance at the neckline, which is at around $0.46. Meanwhile, the crypto analyst also recently stated that the Dogecoin price has gained more buying power with a bullish crossover on the moving average convergence/divergence (MACD). His analysis suggested that Dogecoin could break this resistance at $0.46 and rally to around $0.5 on the next leg of the DOGE bull run. This rally to $0.5 could just be the start of the projected rally to $2.15 based on the bull flag on the Dogecoin price chart. It is worth mentioning that Trader Tardigrade has before now provided more bullish predictions for Dogecoin in this market cycle. The analyst predicted that DOGE could reach as high as $30 in this cycle while advising market participants to start taking profits around $10. What The Next Move Could Look Like Crypto analyst KrissPax provided insights into what the next move up for the Dogecoin price could look like. He stated that following the double-bottom pattern on DOGE’s chart, a fractal from past price action shows a possible move up through Monday, followed by an upward trend until Christmas. However, the crypto analyst cautioned that there will be dips along the way. Related Reading: Bitcoin Price Dominance And Altcoin Season: What The Sudden Volatility Means For The Market Meanwhile, like Trader Tardigrade, KrissPax also highlighted the bull flag that has formed on DOGE’s daily chart. He stated that this bullish pattern points to the Dogecoin price reaching $0.69 by the end of the year. This would break Dogecoin close to its current all-time high (ATH) of $0.73. Crypto whales look to be positioning themselves for this Dogecoin price rally. Crypto analyst Ali Martinez revealed that these investors bought 160 million DOGE in 24 hours. At the time of writing, the Dogecoin price is trading at around $0.4, up over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com

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DOGEUSD Dogecoin