{"id":2794,"date":"2024-11-16T08:01:31","date_gmt":"2024-11-16T08:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2794"},"modified":"2024-11-16T08:01:31","modified_gmt":"2024-11-16T08:01:31","slug":"dogecoin-price-flashes-bull-flag-on-the-hourly-chart-can-it-rally-to-1","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2794","title":{"rendered":"Dogecoin Price Flashes Bull Flag On The Hourly Chart, Can It Rally To $1?"},"content":{"rendered":"
\n

Another DOGE rally<\/a> may be imminent after the Dogecoin price flashed a bullish pattern on the hourly chart. This has raised the possibility that it could rally to the psychological $1 price level soon enough.\u00a0<\/p>\n

Dogecoin Price Flashes Bull Flag On Hourly Chart<\/h2>\n

In a TradingView post, crypto analyst Skidad revealed that the Dogecoin price had flashed a bull flag on the hourly chart. The analyst also revealed that the Fibonacci fan is nearing the support zone. Based on this, Skidad remarked that there could be a possible DOGE breakout<\/a> to the upside.\u00a0<\/p>\n

\"Dogecoin<\/p>\n

This bull flag<\/a> presents a bullish outlook for the Dogecoin price, which is currently consolidating after its parabolic rally of over 100% in the last seven days. The bullish pattern indicates that the upward trend will continue soon enough once the foremost meme coin is done consolidating for the next leg up.\u00a0<\/p>\n

The analyst\u2019s chart showed that the Dogecoin price could rally to as high as its current all-time high (ATH) at $0.73 on this next leg up. That could pave the way for another rally to the much-anticipated $1 price level. Crypto analyst Master Kenobi, who correctly predicted the start of the Dogecoin bull run<\/a>, recently predicted that DOGE could reach this price level by December 2nd.\u00a0<\/p>\n

Crypto analyst Dj Anas<\/a> also recently revealed that the Dogecoin price is set to enter price discovery and predicted that the foremost meme coin will reach $1 by year-end. The analyst made this prediction based on the Fibonacci levels, which he said support such upward momentum for DOGE.\u00a0<\/p>\n

In an X post, Crypto analyst Kevin Capital<\/a> noted that a Dogecoin price rally to $1 isn\u2019t far off, considering that the meme coin has gained over 300% in the last month.\u00a0<\/p>\n

DOGE Could Hit $2 By Year-End<\/h2>\n

In a recent X post, Kevin predicted that the Dogecoin price could rally to as high as $2 by December. However, the analyst opined that DOGE needs to cool off the indicators first and spend a couple of weeks loading up for the next move. He noted that this is all based on strong historical evidence<\/a>.\u00a0<\/p>\n

\"Dogecoin<\/p>\n

The analyst revealed that a one to three-week healthy consolidation period happened multiple times in the 2021 bull run<\/a> as the Dogecoin price rallied to its current ATH. In line with this, he believes a consolidation period would be the most beneficial for Dogecoin.\u00a0<\/p>\n

The analyst\u2019s first target for the Dogecoin price retracement is the $0.26 to $0.30 range, which he noted is the golden pocket retrace level. That represents a 30% to 40% correction from the local top, which Kevin claimed is a perfect-size correction in a bull market<\/a>.\u00a0<\/p>\n

At the time of writing, the Dogecoin price is trading at around $0.37, down over 4% in the last 24 hours, according to data<\/a> from CoinMarketCap.\u00a0<\/p>\n

\"Dogecoin<\/div>\n","protected":false},"excerpt":{"rendered":"

Another DOGE rally may be imminent after the Dogecoin price flashed a bullish pattern on the hourly chart. This has raised the possibility that it could rally to the psychological $1 price level soon enough.\u00a0 Dogecoin Price Flashes Bull Flag On Hourly Chart In a TradingView post, crypto analyst Skidad revealed that the Dogecoin price […]<\/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-2794","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\/2794","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=2794"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2794\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}