This Dogecoin Price Pattern Will Push DOGE Closer to $1

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'https://servedbyadbutler.com/adserve/;ID=180936;size=0x0;setID=610696;type=js;sw='+screen.width+';sh='+screen.height+';spr='+window.devicePixelRatio+';kw='+abkw+';pid='+pid610696+';place='+(plc610696++)+';rnd='+rnd+';click=CLICK_MACRO_PLACEHOLDER'; document.write('<scr'+'ipt src="'+absrc+'" type="text/javascript"></scr'+'ipt>'); </script> </div> <div class="breadcrumb breadcrumbPag mt-lg-0 mt-3"> <span><a href="https://coingape.com/">Home</a></span> / <span class="analytics_category"><a href="https://coingape.com/category/price-analysis/">Price Analysis</a></span> / <span class="breadcrumb_last" aria-current="page">This Dogecoin Price Pattern Will Push DOGE Closer to $1</span></span> </div>  <h1 class="c-title entry-title tittle">This Dogecoin Price Pattern Will Push DOGE Closer to $1</h1> </div> <div class="postsummary"> Dogecoin price shows strong bullish momentum as DOGE edges closer to $1, supported by whale accumulation and market optimism. </div>  <div class="UpdateShares"> <div 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<div class="col-md-12"> <div class="keyfeatures"> <p class="kf_font">Highlights</p> <ul> <li>Dogecoin's RSI at 76 indicates overbought conditions fueling momentum.</li> <li>Whale wallets increased DOGE holdings by 11.26%, boosting investor confidence.</li> <li>Crypto market rally strengthens altcoin optimism, driving Dogecoin price accumulation.</li> </ul> <div class="highlight-ad-section"> <span class="ad-point">AD</span> <a class="ad-text" href=" https://coingape.com/visit/ext/dexboss-highlight/"> New Token Alert : Explore Dexboss simplifying Defi for everyone <span class="ad-arrow-image"><img width="45" height="27" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%2045%2027'%3E%3C/svg%3E" data-lazy-src="https://coingape.com/wp-content/uploads/2025/01/group-4066@3x.png"><noscript><img width="45" height="27" src="https://coingape.com/wp-content/uploads/2025/01/group-4066@3x.png"></noscript></span></a> </div> </div> </div> <div class="col-lg-12 col-content"> <div class="main c-content"> <div class="m-on mb-3 tab-off text-center" > </div> <p><span style="font-weight: 400;">Dogecoin price, a leading meme cryptocurrency, has seen a strong rise in value, gaining 235% over the past month. This consistent price growth has placed DOGE among today’s top-performing assets. Traders closely monitor its trajectory as Dogecoin price edges closer to the $1 mark, generating significant interest across major trading platforms.</span></p><div class="mobileAfads m-on"></div> <div class='d-on ads-container'><div class='ads-text'>Advertisement</div><div class='ads-placeholder'> <script type="text/javascript">if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript"; s.src = 'https://servedbyadbutler.com/app.js'; var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}</script> <script type="rocketlazyloadscript" data-rocket-type="text/javascript"> var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || []; var abkw = window.abkw || ''; var plc591992 = window.plc591992 || 0; document.write('<'+'div id="placement_591992_'+plc591992+'"></'+'div>'); AdButler.ads.push({handler: function(opt){ AdButler.register(180936, 591992, [728,90], 'placement_591992_'+opt.place, opt); }, opt: { place: plc591992++, keywords: abkw, domain: 'servedbyadbutler.com', click: 'CLICK_MACRO_PLACEHOLDER' }}); </script></div></div><div class='m-on ads-container'><div class='ads-text'>Advertisement</div><div class='ads-placeholder'> <script type="text/javascript">if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript"; s.src = 'https://servedbyadbutler.com/app.js'; var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}</script> <script type="rocketlazyloadscript" data-rocket-type="text/javascript"> var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || []; var abkw = window.abkw || ''; var plc774866 = window.plc774866 || 0; document.write('<'+'div id="placement_774866_'+plc774866+'"></'+'div>'); AdButler.ads.push({handler: function(opt){ AdButler.register(180936, 774866, [320,100], 'placement_774866_'+opt.place, opt); }, opt: { place: plc774866++, keywords: abkw, domain: 'servedbyadbutler.com', click: 'CLICK_MACRO_PLACEHOLDER' }}); </script></div></div><h2><strong>Why Dogecoin Price Will Double As it Edges Closer to $1</strong></h2> <p><span style="font-weight: 400;">In November, a post-election rally fueled bullish trends across cryptocurrencies, with many tokens reaching new all-time highs. Bitcoin now trades above $98,000, approaching the $100,000 mark, while Ethereum hovers around $3,300. </span></p><div class="midadsafter"></div> <p><span style="font-weight: 400;">This upward momentum has sparked optimism for Dogecoin, currently hovering above $0.4. The </span><a href="https://coingape.com/price-predictions/dogecoin-doge-price-prediction/"><span style="font-weight: 400;">Dogecoin price prediction</span></a><span style="font-weight: 400;"> could surge past $1, mirroring XRP’s recent price jump. The bullish wave sweeping the crypto market has strengthened investor confidence in altcoins, driving expectations for further gains.</span></p> <p><span style="font-weight: 400;">Over the past 24-hour the </span><a href="https://coingape.com/price/dogecoin/"><span style="font-weight: 400;">DOGE price</span></a><span style="font-weight: 400;"> has surged by 20%, currently at $0.467, indicating a bullish trend. </span><span style="font-weight: 400;">The Relative Strength Index (RSI) registers 76, signaling overbought conditions. The Moving Average Convergence Divergence (MACD) indicates bullish momentum. The MACD line above the signal line. Increasing histogram bars signal growing buying interest.</span></p> <figure id="attachment_226480" aria-describedby="caption-attachment-226480" style="width: 1389px" class="wp-caption aligncenter"><img decoding="async" class="size-full wp-image-226480" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201389%20813'%3E%3C/svg%3E" alt="This Dogecoin Price Pattern Will Push DOGE Closer to $1" width="1389" height="813" data-lazy-srcset="https://coingape.com/wp-content/uploads/2024/11/Source-X.png 1389w, https://coingape.com/wp-content/uploads/2024/11/Source-X-300x176.png 300w, https://coingape.com/wp-content/uploads/2024/11/Source-X-1224x716.png 1224w, https://coingape.com/wp-content/uploads/2024/11/Source-X-768x450.png 768w, https://coingape.com/wp-content/uploads/2024/11/Source-X-150x88.png 150w" data-lazy-sizes="(max-width: 1389px) 100vw, 1389px" data-lazy-src="https://coingape.com/wp-content/uploads/2024/11/Source-X.png" /><noscript><img decoding="async" class="size-full wp-image-226480" src="https://coingape.com/wp-content/uploads/2024/11/Source-X.png" alt="This Dogecoin Price Pattern Will Push DOGE Closer to $1" width="1389" height="813" srcset="https://coingape.com/wp-content/uploads/2024/11/Source-X.png 1389w, https://coingape.com/wp-content/uploads/2024/11/Source-X-300x176.png 300w, https://coingape.com/wp-content/uploads/2024/11/Source-X-1224x716.png 1224w, https://coingape.com/wp-content/uploads/2024/11/Source-X-768x450.png 768w, https://coingape.com/wp-content/uploads/2024/11/Source-X-150x88.png 150w" sizes="(max-width: 1389px) 100vw, 1389px" /></noscript><figcaption id="caption-attachment-226480" class="wp-caption-text">Dogecoin Price Chart: TradingView</figcaption></figure> <div class='d-on ads-container'><div class='ads-text'>Advertisement</div><div class='ads-placeholder'> <script type="text/javascript"> var rnd = window.rnd || Math.floor(Math.random()*10e6); var pid713627 = window.pid713627 || rnd; var plc713627 = window.plc713627 || 0; var abkw = window.abkw || ''; var absrc = 'https://servedbyadbutler.com/adserve/;ID=180936;size=0x0;setID=713627;type=js;sw='+screen.width+';sh='+screen.height+';spr='+window.devicePixelRatio+';kw='+abkw+';pid='+pid713627+';place='+(plc713627++)+';rnd='+rnd+';click=CLICK_MACRO_PLACEHOLDER'; document.write('<scr'+'ipt src="'+absrc+'" type="text/javascript"></scr'+'ipt>'); </script></div></div><div class='m-on ads-container'><div class='ads-text'>Advertisement</div><div class='ads-placeholder'> <script type="text/javascript"> var rnd = window.rnd || Math.floor(Math.random()*10e6); var pid713628 = window.pid713628 || rnd; var plc713628 = window.plc713628 || 0; var abkw = window.abkw || ''; var absrc = 'https://servedbyadbutler.com/adserve/;ID=180936;size=0x0;setID=713628;type=js;sw='+screen.width+';sh='+screen.height+';spr='+window.devicePixelRatio+';kw='+abkw+';pid='+pid713628+';place='+(plc713628++)+';rnd='+rnd+';click=CLICK_MACRO_PLACEHOLDER'; document.write('<scr'+'ipt src="'+absrc+'" type="text/javascript"></scr'+'ipt>'); </script></div></div><h2><strong>Retail and Whales Accumulate DOGE</strong></h2> <p><span style="font-weight: 400;">Recent data reveals an increase in Dogecoin accumulation among both retail and whale investors. Wallets holding between 1,000 and 10,000 DOGE grew by 1.05%, rising from 1.91 billion to 1.93 billion coins. </span></p> <p><span style="font-weight: 400;">Meanwhile, larger wallets holding between 10 million and 100 million DOGE saw a significant 11.26% growth, increasing their holdings from 18.54 billion to 20.63 billion. This accumulation indicates growing confidence in the cryptocurrency across different investor categories.</span></p><div class="middleAdsInfinityMobile m-on"></div><div class="middleAdsInfinity d-on"></div> <p><span style="font-weight: 400;">The sharp rise in whale activity is particularly notable, as it often signals optimism and can influence price momentum. Combined with retail accumulation, this trend suggests a growing demand for DOGE, which may drive future price movements.</span></p> <p><span style="font-weight: 400;">If these holding patterns persist, the market could see increased price resilience and potential upward momentum fueled by heightened investor interest.</span></p> <figure id="attachment_226474" aria-describedby="caption-attachment-226474" style="width: 3840px" class="wp-caption aligncenter"><img decoding="async" class="size-full wp-image-226474" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%203840%201300'%3E%3C/svg%3E" alt="This Dogecoin Price Pattern Will Push DOGE Closer to $1" width="3840" height="1300" data-lazy-srcset="https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14.png 3840w, https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14-300x102.png 300w, https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14-1224x414.png 1224w, https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14-768x260.png 768w, https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14-1536x520.png 1536w, https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14-2048x693.png 2048w, https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14-150x51.png 150w" data-lazy-sizes="(max-width: 3840px) 100vw, 3840px" data-lazy-src="https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14.png" /><noscript><img decoding="async" class="size-full wp-image-226474" src="https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14.png" alt="This Dogecoin Price Pattern Will Push DOGE Closer to $1" width="3840" height="1300" srcset="https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14.png 3840w, https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14-300x102.png 300w, https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14-1224x414.png 1224w, https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14-768x260.png 768w, https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14-1536x520.png 1536w, https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14-2048x693.png 2048w, https://coingape.com/wp-content/uploads/2024/11/Source-Santiment-14-150x51.png 150w" sizes="(max-width: 3840px) 100vw, 3840px" /></noscript><figcaption id="caption-attachment-226474" class="wp-caption-text">Source- Santiment</figcaption></figure> <p><span style="font-weight: 400;">Dogecoin’s strong momentum, driven by bullish indicators and rising accumulation by whales and retail investors, positions it closer to the $1 mark. Sustained buying interest and market optimism could further propel the</span><a href="https://coingape.com/meme-coin/"><span style="font-weight: 400;"> meme coin</span></a><span style="font-weight: 400;"> in the ongoing crypto rally.</span></p> </p></p></p></p><div class='ads-container-q end-of-content'><div class='ads-text d-none'>Advertisement</div><div class='ads-placeholder-q'> <script type="text/javascript"> var rnd = window.rnd || Math.floor(Math.random()*10e6); var pid744421 = window.pid744421 || rnd; var plc744421 = window.plc744421 || 0; var abkw = window.abkw || ''; var absrc = 'https://servedbyadbutler.com/adserve/;ID=180936;size=0x0;setID=744421;type=js;sw='+screen.width+';sh='+screen.height+';spr='+window.devicePixelRatio+';kw='+abkw+';pid='+pid744421+';place='+(plc744421++)+';rnd='+rnd+''; document.write('<scr'+'ipt src="'+absrc+'" type="text/javascript"></scr'+'ipt>'); </script> </div></div> <section class="accordion-content mt-4" id="faq"> <h2 class="mb-4 h3 fw7">Frequently Asked Questions (FAQs)</h2> <div class="accordion-item"> <div class="faq-item-header"> <h3 class="faq-item-question"> 1. How close is Dogecoin to reaching $1? </h3> <div class="faq-item-icon"> <i class="fa fa-angle-down"></i> </div> </div> <div class="faq-item-content" style=""> <div class="faq-item-answer"> Dogecoin is currently trading above $0.4, edging closer to $1.</div> </div> </div> <div class="accordion-item"> <div class="faq-item-header"> <h3 class="faq-item-question"> 2. What role do whales play in DOGE's price growth? </h3> <div class="faq-item-icon"> <i class="fa fa-angle-down"></i> </div> </div> <div class="faq-item-content" style=""> <div class="faq-item-answer"> Whale wallets increased holdings by 11.26%, signaling growing optimism.</div> </div> </div> <div class="accordion-item"> <div class="faq-item-header"> <h3 class="faq-item-question"> 3. What is the significance of Dogecoin's RSI value? </h3> <div class="faq-item-icon"> <i class="fa fa-angle-down"></i> </div> </div> <div class="faq-item-content" style=""> <div class="faq-item-answer"> An RSI of 75 indicates overbought conditions, suggesting strong demand.</div> </div> </div> </section> <div class="mh-social-bottom"> <div class="mh-share-buttons clearfix"> <a class="mh-facebook" href="#" onclick="window.open('https://www.facebook.com/sharer.php?u=https%3A%2F%2Fcoingape.com%2Fmarkets%2Fthis-dogecoin-price-pattern-will-push-doge-closer-to-1%2F&t=This+Dogecoin+Price+Pattern+Will+Push+DOGE+Closer+to+%241', 'facebookShare', 'width=626,height=436'); return false;" title="Share on Facebook"> <span class="mh-share-button"><i class="fa fa-facebook"></i></span> </a> <a class="mh-twitter" href="#" 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src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20200%20200'%3E%3C/svg%3E" data-lazy-srcset='https://secure.gravatar.com/avatar/452042cc86ff4d4cff7e64f282bd5358?s=400&d=mm&r=g 2x' class='avatar avatar-200 photo' height='200' width='200' decoding='async' data-lazy-src="https://secure.gravatar.com/avatar/452042cc86ff4d4cff7e64f282bd5358?s=200&d=mm&r=g"/><noscript><img alt='' src='https://secure.gravatar.com/avatar/452042cc86ff4d4cff7e64f282bd5358?s=200&d=mm&r=g' srcset='https://secure.gravatar.com/avatar/452042cc86ff4d4cff7e64f282bd5358?s=400&d=mm&r=g 2x' class='avatar avatar-200 photo' height='200' width='200' decoding='async'/></noscript> </div> <div class="authorName pl-2">Coingape Staff </div> </div> <div class="authodesNew"> CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article. </div> </div> <div class="Disclaimer">Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss. </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="col-lg-4 col-md-4 col-sidebar new-sidebar col-width-4" id="s3226471"> <style> .market-price-box { background: #fff; border: 1px solid #707070; padding: 7px 0 10px; font-family: 'Montserrat'; border-radius: 5px; } .Darktheme .market-price-box { background: #181A1B; } .Darktheme .coin-volume-handler { background: #303030; } .coin-image-handler { width: 50px; } .coin-image-handler img{ width:100%; } .coin-image-handler-new { height: 50px; width: 50px; margin-right: 10px; /* background: #f6f6f6; border-radius: 50%; */ } div.coin-image-handler-new > img { width: 100% !important; height: 100% !important; object-fit: cover; max-width: 100% !important; border-radius: 25px !important; } .text-lightnew { color: #444; } .price-handler { width: calc(100% - 40px); } .coin-container { display: flex; justify-content: space-between; align-items: center; } .price-handler span { font-weight: 700; font-size: 15px; } .price-handler p { font-weight: 500; text-transform: uppercase; } .coin-volume-handler { padding: 7px 0px 9px 39px; background: #dbf4ff; position: relative; } .coin-volume { font-weight: 500; } .coin-volume-handler::before, .marketcap-pill::before ,.max-supply-pill::before { content: ''; height: 10px; width: 10px; background: #6262ff; position: absolute; transform: rotate(-45deg); top: 40%; } .coin-volume-handler::before, .marketcap-pill::before{ left: 19px; } .max-supply-pill::before{ left: -19px; } .number-handler { font-weight: 500; } .bottom-content-handler { padding: 7px 0px 9px 39px; position: relative; } .max-supply-pill { position: relative; margin-left: 40px; } </style> <div class="market-price-box my-2"> <div class="coin-container px-2"> <div class="coin-image-handler"><img src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%200%200'%3E%3C/svg%3E" alt="DOGE" data-lazy-src="https://static.coinpaprika.com/coin/doge-dogecoin/logo.png"><noscript><img src="https://static.coinpaprika.com/coin/doge-dogecoin/logo.png" alt="DOGE"></noscript></div> <div data-rocket-location-hash="3b55830a870a945d52b18ca96426c8ec" class="price-handler pl-1"> <p class="coin-name mb-0"> <a href="/price/dogecoin" target="_blank">Dogecoin</a> </p> <div class="d-flex align-items-center flex-wrap"> <span class="coin-price pr-2">$0.26198652</span> <span class="coin24hrchange"><span class="down-prices price-indid d-block fw6 f-12">-3.42% <span class="fw5 f13 text-darknew text-lightnew"> (24h)</span></span></span> </div> </div> </div> <div class="coin-volume-handler mt-3 mb-2"> <p class="m-0">24 Hours volume</p> <p class="m-0 number-handler">$1.25B</p> </div> <div class="bottom-content-handler d-flex"> <div data-rocket-location-hash="0d03427e95267ebc76ab6a45612183ee" class="marketcap-pill"> <p class="m-0">Market Cap</p> <p class="m-0 number-handler">$38.8B</p> </div> <div data-rocket-location-hash="9d91d2cb0926b33077f4402c52df54f2" class="max-supply-pill"> <p class="m-0">Max Supply</p> <p class="m-0 number-handler">NA</p> </div> </div> <a class="price-box-ad" href="https://coingape.com/visit/ext/whitebit-buy/" target="_blank" rel="nofollow"><img width="225" height="225" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20225%20225'%3E%3C/svg%3E" class="price-ad-image mr-1" data-lazy-src="https://coingape.com/wp-content/uploads/2025/01/WhiteBIT.webp"><noscript><img width="225" height="225" src="https://coingape.com/wp-content/uploads/2025/01/WhiteBIT.webp" class="price-ad-image mr-1"></noscript> Buy $DOGE with WhiteBit</a> </div> <script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script><script type="rocketlazyloadscript"> var $ = jQuery; var results1 = 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let content = this.nextElementSibling; if (content.style.maxHeight) { content.style.maxHeight = null; } else { content.style.maxHeight = content.scrollHeight + "px"; } }; }); </script> </article> </div> </div> <script type="application/ld+json"> { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ {"@type":"Question","name":" How close is Dogecoin to reaching $1?","acceptedAnswer":{"@type":"Answer","text":"Dogecoin is currently trading above $0.4, edging closer to $1."}},{"@type":"Question","name":"What role do whales play in DOGE's price growth?","acceptedAnswer":{"@type":"Answer","text":"Whale wallets increased holdings by 11.26%, signaling growing optimism."}},{"@type":"Question","name":"What is the significance of Dogecoin's RSI value?","acceptedAnswer":{"@type":"Answer","text":"An RSI of 75 indicates overbought conditions, suggesting strong demand."}} ] } </script> <script type="application/ld+json"> {"@context":"https://schema.org/","@type":"NewsMediaOrganization","@id":"https://coingape.com#Organization","name":"CoinGape","url":"https://coingape.com","sameAs":["https://facebook.com/coingape","https://twitter.com/coingapemedia","https://www.linkedin.com/company/coingape/"],"logo":{"@type":"ImageObject","url":"https://cdn.coingape.com/wp-content/uploads/2020/02/04134109/Webp.net-resizeimage-min.png","width":"160","height":"50"},"contactPoint":{"@type":"ContactPoint","contactType":"emergency","telephone":"+91-8375972202","url":"https://coingape.com/contact-us/"}} </script> <script type="application/ld+json"> { "@context": "https://schema.org/", "@type": "BreadcrumbList", "@id": "https://coingape.com/markets/this-dogecoin-price-pattern-will-push-doge-closer-to-1//#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@id": "https://coingape.com", "name": "CoinGape" } }, { "@type": "ListItem", "position": 2, "item": { "@id": "https://coingape.com/category/price-analysis/", "name": "Price Analysis" } }, { "@type": "ListItem", "position": 3, "item": { "@id": "https://coingape.com/markets/this-dogecoin-price-pattern-will-push-doge-closer-to-1/", "name": "This Dogecoin Price Pattern Will Push DOGE Closer to $1" } } ] } </script> <script type='application/ld+json'> { "@context": "https://schema.org/", "@type": "NewsArticle", "@id": "https://coingape.com/markets/this-dogecoin-price-pattern-will-push-doge-closer-to-1/#newsarticle", "url": "https://coingape.com/markets/this-dogecoin-price-pattern-will-push-doge-closer-to-1/", "inLanguage": "en-us", "headline": "This Dogecoin Price Pattern Will Push DOGE Closer to $1", "mainEntityOfPage": "https://coingape.com/markets/this-dogecoin-price-pattern-will-push-doge-closer-to-1/", "datePublished": "2024-11-23T09:14:11+00:00", "dateModified": "2024-11-23T10:02:21+00:00", "description": "Dogecoin price shows strong bullish momentum as DOGE edges closer to $1, supported by whale accumulation and market optimism.", "articleBody": "HIGHLIGHTS Dogecoin's RSI at 76 indicates overbought conditions fueling momentum. Whale wallets increased DOGE holdings by 11.26%, boosting investor confidence. Crypto market rally strengthens altcoin optimism, driving Dogecoin price accumulation. Dogecoin price, a leading meme cryptocurrency, has seen a strong rise in value, gaining 235% over the past month. This consistent price growth has placed DOGE among today\u2019s top-performing assets. Traders closely monitor its trajectory as Dogecoin price edges closer to the $1 mark, generating significant interest across major trading platforms.\r\nWhy Dogecoin Price Will Double As it Edges Closer to $1\r\nIn November, a post-election rally fueled bullish trends across cryptocurrencies, with many tokens reaching new all-time highs. Bitcoin now trades above $98,000, approaching the $100,000 mark, while Ethereum hovers around $3,300.\u00a0\r\n\r\nThis upward momentum has sparked optimism for Dogecoin, currently hovering above $0.4. The Dogecoin price prediction could surge past $1, mirroring XRP\u2019s recent price jump. The bullish wave sweeping the crypto market has strengthened investor confidence in altcoins, driving expectations for further gains.\r\n\r\nOver the past 24-hour the DOGE price has surged by 20%, currently at $0.467, indicating a bullish trend. The Relative Strength Index (RSI) registers 76, signaling overbought conditions. The Moving Average Convergence Divergence (MACD) indicates bullish momentum. The MACD line above the signal line. Increasing histogram bars signal growing buying interest.\r\n\r\n\r\nRetail and Whales Accumulate DOGE\r\nRecent data reveals an increase in Dogecoin accumulation among both retail and whale investors. Wallets holding between 1,000 and 10,000 DOGE grew by 1.05%, rising from 1.91 billion to 1.93 billion coins.\u00a0\r\n\r\nMeanwhile, larger wallets holding between 10 million and 100 million DOGE saw a significant 11.26% growth, increasing their holdings from 18.54 billion to 20.63 billion. This accumulation indicates growing confidence in the cryptocurrency across different investor categories.\r\n\r\nThe sharp rise in whale activity is particularly notable, as it often signals optimism and can influence price momentum. Combined with retail accumulation, this trend suggests a growing demand for DOGE, which may drive future price movements.\r\n\r\nIf these holding patterns persist, the market could see increased price resilience and potential upward momentum fueled by heightened investor interest.\r\n\r\n\r\n\r\nDogecoin's strong momentum, driven by bullish indicators and rising accumulation by whales and retail investors, positions it closer to the $1 mark. 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This Dogecoin Price Pattern Will Push DOGE Closer to $1