Dogecoin (DOGE) Levels At $0.140, Analyst Sees Incoming Parabolic Move – How Soon?

Dogecoin (DOGE) has stabilized at around $0.140, following high volatility in the crypto market. After bottoming at $0.087 from a high of $0.22, DOGE started a new trend,testing $0.149 earlier today.

According to CoinMarketCap data, DOGE trades at around $0.140, up 21% in the last two weeks.

Given the recent bullish moves, analysts forecast a possible parabolic price surge, sparking renewed interest in the meme coin. Moreover, community excitement builds as rumors swirl around a potential DOGE ETF from Grayscale.

With these developments, the next big move for Dogecoin could be closer than expected.

Dogecoin Analyst Predicts Major Price Surge, Sees DOGE Hitting $0.37 Soon

A famous crypto analyst, Crypto Universe, predicts that Dogecoin could surge to $0.37 within the next two weeks. This would mark a significant 100% price increase from its current level and a new yearly high.

There is no point of selling so early. But election will give us a pullback

- 0xCryptoUniverse (@0xCryptoUnivers) October 20, 2024

Crypto Universe believes this could be a major turning point for Dogecoin, possibly pushing it toward its all-time high (ATH) of $0.73. According to the analyst, selling at $0.37 would be too early," as the rally may continue.

The analyst expects a brief price pullback around November 5, coinciding with the US elections. Afterward, Dogecoin could surge to $1, reaching a new ATH.

Interestingly, Crypto Universe doesn't think $1 will be the final top for Dogecoin. They suggested that DOGE could skyrocket further to $4.2, a nearly 2,900% surge from current market prices.

While this seems ambitious, Dogecoin investors remain optimistic. These predictions have sparked excitement in the community and could boost sentiment, potentially driving prices upward in the coming weeks.

Analyst Predicts Dogecoin Ready for Major Price Surge

Kevin Capital, a leading Dogecoin analyst on X, claims DOGE is ready for a major price surge. Heexplainedthat the two-week money flow recently turned green for only the third time in history.

The 2 week money flow on #Dogecoin just crossed green for only the third time in history. The previous times this occurred were March of 2021 and November of 2017. Take a look for yourself to see what price did following those dates. I'll give you one hint. pic.twitter.com/xjN8ZWHDaQ

- Kevin (@Kev_Capital_TA) October 21, 2024

Kevin noted that similar events happened in March 2021 and November 2017, each leading to significant price increases for DOGE.

According to him, in 2021, the price of Dogecoin surged in March and continued rising, eventually reaching its all-time high of $0.73 in May 2021. This indicator suggests that Dogecoin could be on the verge of another rally.

Grayscale Eyes Dogecoin Inclusion, Raising Hopes for a Price Surge

Grayscale recently hinted at adding Dogecoin (DOGE) to its investment portfolio. This news has sparked optimism in the crypto community, with many speculating that a DOGE ETF could soon follow.

If Grayscale formally includes Dogecoin, it could boost the coin's legitimacy in the eyes of institutional investors. This would likely increase market demand for DOGE, driving its price higher.

DOGE Holds Strong Above Key Moving Averages; How High Can It Go?

Dogecoin (DOGE) is showing strong bullish signals as it remains above the 200-day and 50-day Simple Moving Averages (SMA). Trading above both SMAs suggests the meme coin is in a solid uptrend.

This signals that Dogecoin will likely continue its upward movement, as it shows the market's current sentiment is bullish.

The Moving Average Convergence Divergence (MACD) indicator further confirms this bullish outlook. The MACD is above the signal line by a significant margin, which typically signals strong buying momentum in the market.

This suggests buyers are in control, and if this momentum holds, the coin could continue to rise. The chart shows Dogecoin faces its next major test at the $0.17 resistance level.

If more buyers enter the market, DOGE could break past this resistance zone. This would be a significant move since the coin last reached this level six months ago.

Testing or breaking through this level would signal a strong bullish sentiment, potentially encouraging more traders to buy into the market.

Exploring Alternatives to Dogecoin: FreeDum Fighters Meme Coin Gains Traction in PolitFi Space

Due to their massive rallies this year, meme coins have sparked significant investor interest. With this frenzy still on, investors are looking for other meme coins with potential.

While DOGE remains a top choice among many investors, some new projects are grabbing attention. One such project is FreeDum Fighters (DUM), which is gaining popularity with a unique political theme.

Freedum Fighters features two factions: MAGATRON and Kamacop 9000, each led by charismatic figures. DUM holders can stake their tokens to support their favorite side, earn rewards, and participate in governance decisions.

With rewards as high as 489% APY, the project adds excitement to the ongoing US political race. This concept is gaining traction, especially with the coin's viral presale reaching over $200,000 in just four days.

Presale Success and Growing Community Interest

FreeDum Fighters' presale has attracted attention, offering tokens at an affordable price of $0.00005.The presale is divided into four stages, with the price increasing each round. The low entry point allows anyone, big or small investors, to participate in the project.

Moreover, the strong community backing and interactive features, like debates and chatbots, make this project stand out in the growing PolitFi niche.

For those looking for new meme coin opportunities, FreeDum Fighters might be worth considering. So, visit itspresale pageand follow the instructions provided.

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