{"id":7512,"date":"2025-01-14T07:32:44","date_gmt":"2025-01-14T07:32:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7512"},"modified":"2025-01-14T07:32:44","modified_gmt":"2025-01-14T07:32:44","slug":"dogecoin-price-predictions-3-key-bullish-signs-to-watch","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7512","title":{"rendered":"Dogecoin Price Predictions: 3 Key Bullish Signs to Watch"},"content":{"rendered":"<div>\n<p>That\u2019s not necessarily an indication of anything going wrong with Dogecoin this week. Most major crypto tokens were trading down significantly Monday after an exuberant rally around the time of the new Congress convening in Washington.<\/p>\n<p>By Monday afternoon in Chicago, Bitcoin had fallen some 10% for the week\u2019s trading. Meanwhile, Ethereum had fallen by 18% from its average crypto exchange market price seven days earlier.<\/p>\n<p>BNB was also trading down some 8.5%, and Solana had fallen by 20% under its intraday high price of $2.21 on Jan. 6 as delegates to the new Congress took their seats for the current session.<\/p>\n<p>However, the entire crypto market bounced off on Monday morning.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Just wanted to express appreciation for President <a href=\"https:\/\/twitter.com\/realDonaldTrump?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">@realDonaldTrump<\/a> and so many people, both inside &amp; outside of government, supporting <a href=\"https:\/\/twitter.com\/DOGE?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">@DOGE<\/a>.<\/p>\n<p>I am confident that the American people will be happy with the outcome.<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1878889814898172216?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">January 13, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>What probably didn\u2019t hurt Dogecoin\u2019s price on Monday was another implicit shout-out from Elon Musk.<\/p>\n<p>After naming his advisory office to the new president, the DOGE for Department of Government Efficiency, Musk can rally for cheaper government and Dogecoin in one post. Now that\u2019s efficient.<\/p>\n<h2>1. DOGE Sentiment Data Marks Dip Over?<\/h2>\n<p>According to an analysis by blockchain insights firm Santiment, Dogecoin\u2019s sentiment reading Monday favors the world\u2019s first popular meme coin, which has its own blockchain\u2014a fork from Bitcoin on Dec. 6, 2013.<\/p>\n<p>\u201cSince its top exactly one month ago, Dogecoin has shed -28% of its market cap,\u201d <a href=\"https:\/\/www.tradingview.com\/news\/coindesk:6f986b5bf094b:0-sentiment-readings-favor-dogecoin-gains-as-cardano-s-ada-leads-market-bump\/\" data-wpel-link=\"external\" target=\"_blank\">wrote Santiment<\/a> last week in a Thursday note to the blockchain market analytics engine\u2019s users.<\/p>\n<blockquote>\n<p>\u201cCrowd sentiment has been near its lowest point over the past year,\u201d Santiment added. \u201c(This) means there is actually some nice upside to be a daring contrarian toward DOGE (in particular) if crypto markets begin to trend upward again.\u201d<\/p>\n<\/blockquote>\n<p>Earlier in the month, TradingLounge\u2019s Peter Mathers spotted an Elliot Wave formation that could see Dogecoin rally to above $0.48\u2014\u00a0and potentially as far as $0.61, Mathers wrote on Jan. 6.<\/p>\n<h2>2. Bullish Exchange Signals<\/h2>\n<p>Data from derivatives markets is also hinting at another rally for Dogecoin soon. To start the month, over 81% of all open interest in Dogecoin futures on Binance was long for DOGE.<\/p>\n<h2>3. Crypto Whale Sized Bites<\/h2>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Whales bought over 470 million <a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#Dogecoin<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$DOGE<\/a> in the last 48 hours! <a href=\"https:\/\/t.co\/d7oPvnfB6o\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/d7oPvnfB6o<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1877847135108092102?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">January 10, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Crypto whale activity in the DOGE pool in January is another sign that Dogecoin is about to make another big splash in crypto markets. In a 48-hour period on Jan 9 and 10, blockchain whales <a href=\"https:\/\/cryptopotato.com\/how-will-ripple-xrp-and-dogecoin-doge-prices-react-as-whales-keep-buying\/\" data-wpel-link=\"internal\">bought<\/a> 470 million Dogecoin in 48 hours, according to a recent update from sharp whale watcher Ali Martinez.<\/p>\n<p>It\u2019s not the first time whales made big moves in Dogecoin this January. Earlier in the month, they <a href=\"https:\/\/cryptopotato.com\/dogecoin-whales-on-the-move-is-doge-poised-for-a-fresh-rally\/\" data-wpel-link=\"internal\">bought a<\/a> billion DOGE tokens in under 24 hours.<\/p>\n<p>That follows up on whales <a href=\"https:\/\/cryptopotato.com\/ripple-dogecoin-whales-bought-the-dip-as-xrp-doge-prices-soar\/\" data-wpel-link=\"internal\">buying the<\/a> Dogecoin dip in late December as well, so support from large sum traders is strong with this one.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/dogecoin-price-predictions-3-key-bullish-signs-to-watch\/\" rel=\"nofollow\">Dogecoin Price Predictions: 3 Key Bullish Signs to Watch<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>That\u2019s not necessarily an indication of anything going wrong with Dogecoin this week. Most major crypto tokens were trading down significantly Monday after an exuberant rally around the time of the new Congress convening in Washington. By Monday afternoon in Chicago, Bitcoin had fallen some 10% for the week\u2019s trading. Meanwhile, Ethereum had fallen by [&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-7512","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\/7512","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=7512"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7512\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}