Dogecoin Price Completes First Bull Phase Similar To 2021, Here’s What Comes Next

Name	Symbol	Market	Market Cap ($)	Algorithm
Dogecoin	DOGEUSD	Crypto	30,472,289,706	Scrypt

Name

Symbol

Market

Market Cap ($)

Algorithm

Dogecoin

DOGEUSD

Crypto

30,472,289,706

Scrypt

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.00409	2.03%	0.20606	0.20605	0.20608

Price Change

Price Change %

Current Price

Bid Price

Offer

0.00409

2.03%

0.20606

0.20605

0.20608

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.20896	0.19923	0.20125	0.20197	0.080490 - 0.484640

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.20896

0.19923

0.20125

0.20197

0.080490 - 0.484640

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	22:02:55	105.10	0.20606	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

22:02:55

105.10

0.20606

USD

Price x Volume	Volume	Base Symbol	Related Pairs
30,989,313.88	152,131,381.86	DOGE	DOGEEUR	DOGEGBP	DOGEBTC

Price x Volume

Volume

Base Symbol

Related Pairs

30,989,313.88

152,131,381.86

Dogecoin Price Completes First Bull Phase Similar To 2021, Here’s What Comes Next

30/11/2024 4:30pm

NEWSBTC

Crypto analyst KrissPax has revealed that the Dogecoin price has completed the first part of its bull phase, similar to what happened in the 2021 bull run. The analyst further provided insights into what is to come next for Dogecoin. Dogecoin Price Completes First Bull Phase In an X post, KrissPax mentioned that the Dogecoin price has completed its first up-phase this bull cycle, similar to the 2021 and 2017 bull runs. He noted that those previous cycles recorded two additional up-phases with huge percentage gains. Based on this, Dogecoin could record two more up-phases before its price tops in this market cycle. Related Reading: XRP Price Prediction: Analyst Says History Is Repeating Itself, Here’s How The crypto analyst called for patience with the Dogecoin price while it chops sideways a bit, possibly until the next leg of the up-phase begins. Crypto analyst Ali Martinez also mentioned how Dogecoin would test market participants’ patience in this parabolic run. He added that, just like in 2017 and 2020, the TD Sequential has shown a sell signal, which could lead to a brief correction before the bull rally continues. Meanwhile, in a previous analysis, KrissPax provided insights into how high the Dogecoin price could reach in this market cycle and what levels could mark the local tops for remaining up-phases. The crypto analyst predicted that Dogecoin could reach $3 in this bull run. However, he said the first step is for DOGE to reach $1. Therefore, the next up-phase could lead the Dogecoin price to $1. Once that is done, the next up-phase could be a rally to $3, as KrissPax predicted. However, Martinez’s chart showed a channel that could lead DOGE to rally to as high as $14 if it gets to the upper boundary of the channel. The median of the channel puts Dogecoin just above $1.5. Almost Time For The Next Leg Up Crypto analyst Kevin Capital suggested that it is almost time for the Dogecoin price to enjoy its next leg up. In an X post, he stated that Dogecoin has consolidated long enough and that the meme coin has also reset some key indicators on the daily time frame. In line with this, he believes Dogecoin will start heading higher. Related Reading: Bitcoin Price Forms Bullish Pennant On 3-Day Chart, $145,000 Target Swims Into View The crypto analyst added that the next leg will give market participants a good idea of the macro top for the Dogecoin price down the line. Crypto analyst Master Kenobi suggested that the next leg for Dogecoin will come unexpectedly. In an X post, he said that when it happens, it will happen fast. His accompanying chart showed that the Dogecoin price will break above its current all-time high (ATH) on its next leg up and rally to as high as $1.08. At the time of writing, the Dogecoin price is trading at around $0.42, up over 5% 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