{"id":2048,"date":"2024-11-03T02:35:45","date_gmt":"2024-11-03T02:35:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2048"},"modified":"2024-11-03T02:35:45","modified_gmt":"2024-11-03T02:35:45","slug":"dogecoin-price-repeats-falling-wedge-pattern-from-2021-why-a-6150-rally-to-10-is-possible","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2048","title":{"rendered":"Dogecoin Price Repeats Falling Wedge Pattern From 2021, Why A 6,150% Rally To $10 Is Possible"},"content":{"rendered":"<div>\n<p>Crypto analyst Trader Tardigrade has highlighted a bullish pattern in which the <a href=\"https:\/\/bitcoinist.com\/expert-forecast-potential-rise-for-dogecoin-to-0-2\/\">Dogecoin price<\/a> formed in previous bull cycles. Based on this, the analyst raised the possibility of the foremost meme coin rising to as high as $10.\u00a0<\/p>\n<h2>Dogecoin Price Repeats Falling Wedge Pattern<\/h2>\n<p>Trader Tardigrade revealed in an X post that the Dogecoin price had repeated a <a href=\"https:\/\/bitcoinist.com\/dogecoin-falling-wedge-surge-1-6\/\">falling wedge pattern<\/a> on the monthly chart. He added that a parabolic move is set to follow the falling wedge breakout. His accompanying chart showed that Dogecoin could rally to $10 as this parabolic move occurs.\u00a0<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-336563\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/11\/Dogecoin-price-1.png?w=494&amp;resize=494%2C420\" alt=\"Dogecoin price 1\" width=\"494\" height=\"420\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/11\/Dogecoin-price-1.png?w=512 512w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/11\/Dogecoin-price-1.png?w=494 494w\" sizes=\"(max-width: 494px) 100vw, 494px\"><\/p>\n<p>The Dogecoin price also experienced parabolic moves in the 2021 and 2017 bull runs when a breakout following the falling wedge pattern formed on the monthly chart. In 2021, the price breakout led to Dogecoin hitting its current <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-price-as-high-as-2\/\" rel=\"nofollow noopener\" target=\"_blank\">all-time high (ATH)<\/a> of $0.73 in that market cycle.\u00a0<\/p>\n<p>Crypto analyst Dima James has also raised the possibility of the Dogecoin price rallying to $10. He stated that he expects the <a href=\"https:\/\/bitcoinist.com\/dogecoin-price-2025-clock-10\/\">DOGE recovery<\/a> to extend into 2025. Interestingly, he suggested that Dogecoin could even rally above $10 and rise to as high as $36. However, he noted that Dogecoin adoption would play a crucial role in pushing the meme coin to new heights.\u00a0<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"size-medium wp-image-336564\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/11\/Dogecoin-price-2.png?w=512&amp;resize=512%2C266\" alt=\"Dogecoin price 2\" width=\"512\" height=\"266\"><\/p>\n<p>Meanwhile, crypto analyst <a href=\"https:\/\/bitcoinist.com\/dogecoin-bull-run-next\/\">Master Kenobi, who predicted<\/a> the start of the Dogecoin bull run, has said that the price could enjoy a massive move to the upside ahead of the November 5 US elections, catching many off-guard in the process. However, if that doesn\u2019t happen, he expects the meme coin to consolidate for around 30 days before it enjoys another price breakout.\u00a0<\/p>\n<h2>The Next Breakout Could Send DOGE To $0.22<\/h2>\n<p>Crypto analyst Crypto Daily has predicted that the next <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-price-as-high-as-2\/\" rel=\"nofollow noopener\" target=\"_blank\">Dogecoin price<\/a> breakout will send the meme coin to $0.22. The analyst noted that while everyone is in Dogecoin panic mode, the meme coin has formed a huge cup-and-handle pattern on the daily chart, which dates back to June 2024.\u00a0<\/p>\n<p>The analyst added that the cup\u2019s handle currently has a $0.15 price level as its support area. Crypto Daily remarked that the Dogecoin price should bounce off this support level and break out to $0.22.\u00a0<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-price-to-new-ath\/\" rel=\"nofollow noopener\" target=\"_blank\">Crypto analyst Ali Martinez<\/a> also provided insights into what could be the next move for the Dogecoin price. In an X post, he predicted that if it breaks above the $0.169 resistance level, Dogecoin could rally by 27% to $0.209. The analyst had earlier alluded to DOGE\u2019s historical pattern while stating that the meme coin could enjoy a parabolic bull run this November.\u00a0<\/p>\n<p>Meanwhile, self-acclaimed Dogecoin analyst on X Kevin Capital said that the Dogecoin price could rally to $0.5 by year-end if Donald Trump wins the <a href=\"https:\/\/bitcoinist.com\/crypto-influence-on-2024-us-presidential-election-bigger-than-expected-survey-finds\/\">US presidential elections<\/a>.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/0G747Vic\/\" alt=\"Dogecoin price chart from Tradingview.com\" width=\"3286\" height=\"1450\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Trader Tardigrade has highlighted a bullish pattern in which the Dogecoin price formed in previous bull cycles. Based on this, the analyst raised the possibility of the foremost meme coin rising to as high as $10.\u00a0 Dogecoin Price Repeats Falling Wedge Pattern Trader Tardigrade revealed in an X post that the Dogecoin price [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2048","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2048"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2048\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}