Dogecoin Bull Run Price Targets

Get ready for an electrifying journey with Dogecoin’s latest rollercoaster ride to the moon! Buckle up, this video unpacks the potential bull run targets and what’s needed for a short-term price surge. This analysis offers valuable perspectives on what the future holds for one of the most talked-about digital currencies. Buckle up, and let’s explore the possibilities together.
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Timestamps:
0:00 – Intro – How to identify price targets for the next bull run
0:33 – Why and how we can use fibonacci extensions to predict new highs
1:05 – Price targets for Dogecoin in the next bull run
2:19 – Shorter term Doge Coin analysis, 38.2% retracement levels
2:99 – What needs to happen on Dogecoin to test the 38.2% retracement?
3:54 – Total 3 signal showing strength. This could be good for Dogecoin
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#dogecoin #dogecoinmillionaire #dogepriceprediction #$doge

Dogecoin is the biggest meme coin within the crypto space and it shouldn’t be written off it’s been lying stagnant for the whole of 2023 moving into 2024 and we’re going to look at higher time frame analysis we’re going to look at the weekly charts to predict where we think

Targets are going to hit in the next ball run and what barriers has got to overcome in the short term and we’re going to start with the higher time frame weekly analysis using Fibonacci extension levels then move in to the shorter time frame because there’s a signal there’s a signal on total 3

That’s showing me that something’s changing within the crypto space people are becoming more risk on so we’re going to analyze that so stay tuned right to the end first and foremost weekly analysis higher time frame analysis I’ve got a Fibonacci extension built in here and I’ve got a Fibonacci retracement

Built in here Fibonacci retracement is going from the bull market High to its new bare Market low the extension level is going from the previous bare Market low up to the bull market high and back down to the new bare Market low what that allows for is extension levels when

Something’s in price Discovery we don’t know where the ceiling is so we can only use Fibonacci extension levels to predict this right so we’ve got the extensions built in and where is our Fibonacci extension level sitting the two key areas that we need to pay attention to is the 1272 and the 1618

It’s amazing how these things stick if you go back through your charts and stick the extension levels on the previous bull markets and the previous bare markets watch how these 1272 and watch how these 1618 levels stick so first and foremost the 1272 that’s sitting at exactly $1 see these

Things are amazing the way that they play out so that’s sitting at $1 we know that $1 is going to be a big psychological barrier to overcome $1 you can’t get more rounder than that so1 1272 $1 expect a reaction at that the next one is the 1618 1618 is sitting at

125 another round number another psychological level another barrier to overcome so those are the two levels that I’ve got built in for the next ball Market on Dogecoin you’ve got $1 and $125 potentially that could be conservative but that’s all we’ve got to go by if you looking for higher levels

You can always go to the one to the 2618 the 3618 but I’m a conservative Trader I’m a conservative investor and I’m happy to lock my Dodge profits in at $15 and $1 so we’ve got the retracement levels I’ve got the retracement built in here in yellow so this is from the bull

Market High to the bare Market low and you can see this 382 382 here sitting at 31 cents 382 sitting at 31 cents is a 382 retracement from its previous bull market High that’s going to act as strong resistance going forward and as far as where price action is concerned

Where we’re sitting now up to the 382 retracement level is a 280% trade 280% investment call it whatever you want but that’s good risk to reward so what do we need to happen in the short term but what I’m going to do is dive out into the

Daily and then analyze what’s going on on the charts first and foremost we’ve got our trend line built in we’re looking for a break we’ve got the 200 moving average sitting at the bottom that’s a tick we want the 50 in the middle and then we want the 20 above

That so we want green at the bottom yellow in the middle red at the top we want a break out and let’s have a quick look what the stochastics doing the stochastics overbought so it’s high it’s overbought there’s a chance that this is going to happen come back down test the

200 allow the stochastic to come down and then boom break so that’s why it’s important to wait for the break if we just dive back quickly into the weekly you can see the stochastic weekly higher time frame is coming near the bottom so if over the next couple of weeks that

Started Crossing upwards that’s going to give you the surge that we need on Dogecoin right the signal for the total three that I’m talking about this is it if we break and close above this level here sitting at 53.3977705 am