Wednesday, July 30, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Dogecoin Parabolic Rally To Trigger 5,500% Surge To $6, Here’s When

by SB Crypto Guru News
September 24, 2024
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0


Este artículo también está disponible en español.

Expectations for the Dogecoin price remain high as a crypto analyst has predicted a rally to a new all-time high for the meme coin. Not only does the analyst expect an eventual break above the coveted $1 level, they push further, expect Dogecon to put on a parabolic rally that could shock the crypto market. This could catapult the DOGE cryptocurrency forward, and put on a performance that could be reminiscent of its 2021 price surge.

Dogecoin Completes Accumulation Phase

In an analysis posted on the TradingView website, pseudonymous crypto analyst TradingShot has given a bullish forecast for the Dogecoin price. First, the analyst points back to a previous analysis first shared around a year ago. This analysis had predicted that the DOGE price would enter an accumulation phase before the surge.

Related Reading

Fast forward to the present, the crypto analyst explains that Dogecoin did, in fact, enter this accumulation phase and completed it as predicted. This brings the crypto analyst to the next phase of the forecast, which is the price surge from here.

As TradingShot explains, this accumulation phase was present in previous bullish cycle, making it an important fixture here. Furthermore, a bullish cross at the 1-Week 50 and 00-Moving Averages, as well as the 1-Week 100-Moving Average holding steady after coming to a Channel Down/Bull Flag, leads it into its Parabolic Rally phase, which is where the fun begins.

Price Targets For DOGE’s Parabolic Rally

With the Dogecoin price now entering the parabolic rally phase of the forecast, the crypto analyst has presented the possible levels that the DOGE price could reach. For the most conservative lives, the crypto analyst predicts that a rise to $2 is possible. TradingShot refers to this 1,760% rally from the current level as the “proper target” for this cycle.

Related Reading

However, just like with any parabolic rally, there is the possibility that the price will continue to rise even after reaching its realistic target. In what the analyst calls an “overextension case,” they explain that the price could rise 5,500% to reach as high as $6. But there would have to be some new developments, such as “some news/ fundamentals introduce new uses/ adoption for Doge and the market reacts with very aggressive capital inflows.”

As for the timeline for when this forecast would be realize, it doesn’t seem too far off as the analyst puts it sometime in 2025.Using the previous cycle tops for Dogecoin’s parabolic rallies, TradingShot puts the pico top sometime around August 4, 2025. This means there’s only 11 months left until this whole prediction could come to fruition.

Dogecoin price chart from Tradingview.com
DOGE price gearing up for rally | Source: DOGEUST on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com



Source link

Tags: Bitcoin NewsCrypto NewsCrypto UpdatesDogecoinHeresLatest News on CryptoParabolicRallySB Crypto Guru NewssurgeTrigger
Previous Post

Is Telegram’s Privacy at Risk? Users React to New Policy

Next Post

Republicans Renew Effort to Scrap SEC Crypto Custody Rule

Related Posts

SEC Delays Truth Social Bitcoin ETF Decision — New Deadline Sparks Crypto Startup Buzz

SEC Delays Truth Social Bitcoin ETF Decision — New Deadline Sparks Crypto Startup Buzz

by SB Crypto Guru News
July 30, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The U.S. Securities and Exchange Commission (SEC)...

Strategy Leverages IPO Success to Acquire Over 21,000 Bitcoin

Strategy Leverages IPO Success to Acquire Over 21,000 Bitcoin

by SB Crypto Guru News
July 30, 2025
0

Strategy (MSTR) — recognized as the world’s largest Bitcoin (BTC) treasury company — has made headlines with the successful closing...

Bakkt Launches M Offering to Fund Bitcoin Purchases and Crypto Expansion

Bakkt Launches $75M Offering to Fund Bitcoin Purchases and Crypto Expansion

by SB Crypto Guru News
July 30, 2025
0

A $75 million offering fuels a major leap into bitcoin and digital assets as Bakkt sharpens its focus on treasury...

Strategy Purchases 21,021 Bitcoin After .52 Billion IPO

Strategy Purchases 21,021 Bitcoin After $2.52 Billion IPO

by SB Crypto Guru News
July 29, 2025
0

Strategy, the leading bitcoin corporate treasury company, announced it has purchased 21,021 BTC at an average price of $117,256, using...

RAKBANK To Launch In-App Brokerage To Trade Crypto In AED

RAKBANK To Launch In-App Brokerage To Trade Crypto In AED

by SB Crypto Guru News
July 29, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure RAKBANK (National Bank of Ras Al Khaimah),...

Load More
Next Post
Republicans Renew Effort to Scrap SEC Crypto Custody Rule

Republicans Renew Effort to Scrap SEC Crypto Custody Rule

Looking for a Place to Stay? Check Out Top Local Hotels

Looking for a Place to Stay? Check Out Top Local Hotels

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.