{"id":5521,"date":"2024-11-30T05:47:26","date_gmt":"2024-11-30T04:47:26","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=5521"},"modified":"2024-11-30T05:47:26","modified_gmt":"2024-11-30T04:47:26","slug":"dogecoins-climbing-expectations-insights-from-a-renowned-trader","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/","title":{"rendered":"Dogecoin’s Climbing Expectations: Insights from a Renowned Trader"},"content":{"rendered":"

<\/p>\n

\n
\n\t\t\t
\n\t\t\t\tEste art\u00edculo tambi\u00e9n est\u00e1 disponible en espa\u00f1ol.
\n\t\t\t<\/a>\n\t\t<\/div>\n

Dogecoin is among the most notable performers in the cryptocurrency market over recent weeks. During the last 34 days, DOGE has surged by 210%, moving from $0.13 to over $0.41. This surge was driven by enthusiasm surrounding the establishment of the Department of Government Efficiency (DOGE), led<\/a> by Dogecoin supporter Elon Musk under the impending US President Donald Trump.<\/p>\n

Nevertheless, the surge has leveled off, with DOGE showing a sideways trend<\/a> over the previous 16 days. Yet, the daily DOGE\/USD chart remains highly optimistic. Renowned trader Peter Brandt, along with insights from a cryptocurrency analyst identified by the handle @Kultigin83, has pointed out a \u201crunning continuation flag\u201d on the DOGE\/USD chart, predicting a possible price target of $0.66.<\/p>\n

Could This Be The Next Target Price For Dogecoin?<\/h2>\n

@Kultigin83 mentioned on X, saying: \u201cMr. Peter assists us, and I aim to support him (a brief piece of advice from a pupil); this formation is recognized as an upsloping flag.\u201d In reply, Peter Brandt replied<\/a>, \u201cIndeed, if finalized, this would certainly be characterized as a running continuation flag.\u201d<\/p>\n

An\u00e1lisis del precio de Dogecoin | Fuente: X @Kultigin83<\/figcaption><\/figure>\n

The running continuation flag is a widely recognized chart formation known for its bullish implications. It typically appears during a robust uptrend when prices temporarily consolidate or move slightly downward within a parallel or gradually expanding channel. This pattern is essential as it indicates that despite a brief pause, the dominant bullish momentum<\/a> remains strong.<\/p>\n

Lecturas Relacionadas<\/span><\/h2>\n<\/p>\n

In Dogecoin’s case, the formation observed follows a substantial upward shift where the price increased significantly from below $0.19 to above $0.39 after breaking out of a head and shoulders formation, forming the \u201cpole\u201d of the flag. This pole is crucial as it signifies the initial ascent before the consolidation stage. After this rise, the price action of DOGE began to stabilize, fluctuating within the range of $0.340 to $0.48, outlining the body of the flag.<\/p>\n

The strategy to determine the price target from a flag pattern includes measuring the length of the pole \u2014 in this case, about $0.20 (from roughly $0.19 to $0.39). This measurement is then applied to the potential breakout point, which for DOGE seems to be developing around the $0.50 level. By adding the height of the pole to the breakout price, the projected target is established at $0.70. The analysis presented by @Kultigin83 proposes a slightly more cautious target of $0.66.<\/p>\n

Lecturas Relacionadas<\/span><\/h2>\n<\/p>\n

If Dogecoin can sustain its momentum and break through the upper boundary of its running continuation flag, targeting at least $0.66 appears to be the next logical price goal. This technical formation, supported by the proficiency of Peter Brandt, offers a bullish perspective for DOGE, indicating that the cryptocurrency still has room to continue its ascent.<\/p>\n

At the time of reporting, DOGE was priced at $0.41.<\/p>\n

\"Precio
Precio de DOGE, gr\u00e1fico de 1 semana | Fuente: DOGEUSDT en TradingView.com<\/a><\/figcaption><\/figure>\n

Imagen destacada creada con DALL.E, gr\u00e1fico de TradingView.com<\/p>\n<\/p><\/div>\n


\n
Fuente del enlace <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Este art\u00edculo tambi\u00e9n est\u00e1 disponible en espa\u00f1ol. Dogecoin is among the most notable performers in the cryptocurrency market over recent weeks. During the last 34 days, DOGE has surged by 210%, moving from $0.13 to over $0.41. This surge was driven by enthusiasm surrounding the establishment of the Department of Government Efficiency (DOGE), led by<\/p>\n","protected":false},"author":3,"featured_media":5522,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[230],"class_list":{"0":"post-5521","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-how-high-can-dogecoin-go-legendary-trader-forecasts-next-target-gpt"},"yoast_head":"\nDogecoin's Climbing Expectations: Insights from a Renowned Trader - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin's Climbing Expectations: Insights from a Renowned Trader - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"Este art\u00edculo tambi\u00e9n est\u00e1 disponible en espa\u00f1ol. Dogecoin is among the most notable performers in the cryptocurrency market over recent weeks. During the last 34 days, DOGE has surged by 210%, moving from $0.13 to over $0.41. This surge was driven by enthusiasm surrounding the establishment of the Department of Government Efficiency (DOGE), led by\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/\" \/>\n<meta property=\"og:site_name\" content=\"WSJ-Crypto\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-30T04:47:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2024\/11\/GddVzHYWsAAeivq.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1288\" \/>\n\t<meta property=\"og:image:height\" content=\"551\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"wsjcrypto\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scritto da\" \/>\n\t<meta name=\"twitter:data1\" content=\"wsjcrypto\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minuti\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/\",\"url\":\"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/\",\"name\":\"Dogecoin's Climbing Expectations: Insights from a Renowned Trader - WSJ-Crypto\",\"isPartOf\":{\"@id\":\"https:\/\/wsj-crypto.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2024\/11\/GddVzHYWsAAeivq.png\",\"datePublished\":\"2024-11-30T04:47:26+00:00\",\"author\":{\"@id\":\"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7\"},\"breadcrumb\":{\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/#breadcrumb\"},\"inLanguage\":\"it-IT\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/#primaryimage\",\"url\":\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2024\/11\/GddVzHYWsAAeivq.png\",\"contentUrl\":\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2024\/11\/GddVzHYWsAAeivq.png\",\"width\":1288,\"height\":551,\"caption\":\"Dogecoin price analysis\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wsj-crypto.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dogecoin’s Climbing Expectations: Insights from a Renowned Trader\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wsj-crypto.com\/#website\",\"url\":\"https:\/\/wsj-crypto.com\/\",\"name\":\"WSJ-Crypto\",\"description\":\"Just Another Crypto News Website\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wsj-crypto.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"it-IT\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7\",\"name\":\"wsjcrypto\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\/\/wsj-crypto.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g\",\"caption\":\"wsjcrypto\"},\"url\":\"https:\/\/wsj-crypto.com\/index.php\/author\/wsjcrypto\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Dogecoin's Climbing Expectations: Insights from a Renowned Trader - WSJ-Crypto","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/","og_locale":"it_IT","og_type":"article","og_title":"Dogecoin's Climbing Expectations: Insights from a Renowned Trader - WSJ-Crypto","og_description":"Este art\u00edculo tambi\u00e9n est\u00e1 disponible en espa\u00f1ol. Dogecoin is among the most notable performers in the cryptocurrency market over recent weeks. During the last 34 days, DOGE has surged by 210%, moving from $0.13 to over $0.41. This surge was driven by enthusiasm surrounding the establishment of the Department of Government Efficiency (DOGE), led by","og_url":"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/","og_site_name":"WSJ-Crypto","article_published_time":"2024-11-30T04:47:26+00:00","og_image":[{"width":1288,"height":551,"url":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2024\/11\/GddVzHYWsAAeivq.png","type":"image\/png"}],"author":"wsjcrypto","twitter_card":"summary_large_image","twitter_misc":{"Scritto da":"wsjcrypto","Tempo di lettura stimato":"2 minuti"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/","url":"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/","name":"Dogecoin's Climbing Expectations: Insights from a Renowned Trader - WSJ-Crypto","isPartOf":{"@id":"https:\/\/wsj-crypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/#primaryimage"},"image":{"@id":"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/#primaryimage"},"thumbnailUrl":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2024\/11\/GddVzHYWsAAeivq.png","datePublished":"2024-11-30T04:47:26+00:00","author":{"@id":"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7"},"breadcrumb":{"@id":"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/#breadcrumb"},"inLanguage":"it-IT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/"]}]},{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/#primaryimage","url":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2024\/11\/GddVzHYWsAAeivq.png","contentUrl":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2024\/11\/GddVzHYWsAAeivq.png","width":1288,"height":551,"caption":"Dogecoin price analysis"},{"@type":"BreadcrumbList","@id":"https:\/\/wsj-crypto.com\/index.php\/2024\/11\/30\/dogecoins-climbing-expectations-insights-from-a-renowned-trader\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wsj-crypto.com\/"},{"@type":"ListItem","position":2,"name":"Dogecoin’s Climbing Expectations: Insights from a Renowned Trader"}]},{"@type":"WebSite","@id":"https:\/\/wsj-crypto.com\/#website","url":"https:\/\/wsj-crypto.com\/","name":"WSJ-Crypto","description":"Just Another Crypto News Website","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wsj-crypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"it-IT"},{"@type":"Person","@id":"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7","name":"wsjcrypto","image":{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/wsj-crypto.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g","caption":"wsjcrypto"},"url":"https:\/\/wsj-crypto.com\/index.php\/author\/wsjcrypto\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts\/5521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/comments?post=5521"}],"version-history":[{"count":2,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts\/5521\/revisions"}],"predecessor-version":[{"id":5524,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts\/5521\/revisions\/5524"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/media\/5522"}],"wp:attachment":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/media?parent=5521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/categories?post=5521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/tags?post=5521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}