Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis

Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis

InsidebitcoinInsidebitcoin2024/11/24 11:55
By:Insidebitcoin

The Dogecoin price prediction renews the bullish trend after touching the 9-day moving average and hitting a daily high of $0.406.

Dogecoin Prediction Statistics Data:

  • Dogecoin price now – $0.430
  • Dogecoin market cap – $58.77 billion
  • Dogecoin circulating supply – $146.90 billion
  • Dogecoin total supply – $146.90 billion
  • Dogecoin Coinmarketcap ranking – #7

Dogecoin (DOGE) is a prime example of the rewards of early involvement in crypto projects. Trading between $0.3815 and $0.4159 in the past 24 hours, DOGE remains significantly below its all-time high of $0.7376 (May 8, 2021). However, its meteoric rise from an all-time low of $0.00008547 (May 7, 2015) to current levels represents a staggering 464,612.9% increase, showcasing the potential of spotting and holding promising projects early. Despite being 46.15% below its peak, DOGE’s growth story emphasizes why timing and patience are crucial in the crypto space.

DOGE/USD Market

Key Levels:

Resistance levels: $0.520, $0.540, $0.560

Support levels: $0.280, $0.260, $0.240

Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis image 0 Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis image 1 DOGEUSD – Daily Chart

Analyzing the DOGE/USD daily chart reveals a notable shift in momentum, with Dogecoin breaking out of its previous short-term downtrend . The price action shows consistent respect for key support levels, notably around $0.400, a solid foundation for bullish attempts. Recent candlestick patterns highlight the emergence of buyer strength, suggesting a transition into an uptrend that aligns with growing market optimism.

Dogecoin Price Prediction: DOGE May Continue the Bullish Movement

Looking at the daily chart, the Dogecoin price is likely to break more upsides as the price touches the daily high of $0.406. However, the moving averages (MAs) further confirm this momentum shift as the 9-day MA has begun to slope upwards and acts as dynamic support, with the price staying above this key average. Additionally, the 21-day MA shows signs of flattening, which could lead to a bullish crossover in the coming days. However, such a development would typically reinforce confidence among buyers and attract new market participants.

Nevertheless, the trend remains in the hands of the bulls, supported by the technical indicator, where the 9-day moving average keeps hovering above the 21-day moving average. Meanwhile, a break above the upper boundary of the channel may most likely push the coin to the potential resistance levels at $0.520, $0.540, and $0.560, while a break below the moving averages could lead to the supports of $0.280, $0.260, and $0.240, respectively.

DOGE/BTC Heads to the North

Against Bitcoin, the Dogecoin price is heading to the upside and trading above the 9-day and 21-day moving averages. Meanwhile, the bulls are now pushing the price toward the channel’s upper boundary; crossing above this barrier could take the price to the resistance level of 520 SAT and above.

Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis image 2 Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis image 3 DOGEBTC – Daily Chart

However, if the coin heads to the downtrend, crossing below the 921-day moving average could bring it to the critical support level of 350 SAT and below. Meanwhile, the technical indicator shows that the 9-day MA remains above the 21-day MA, suggesting more bullish signals within the channel.

Nevertheless, @TATrader_Alan, a prominent analyst with over 64k followers on X (formerly Twitter), has identified consistent bullish signals on Dogecoin’s daily chart. According to their analysis, $DOGE is breaking out from another bullish pennant pattern, with a projected target of $0.830. 🚀🔥

Alternatives to Dogecoin

The DOGE/USD chart signals a strong uptrend, aiming to break the $0.440 resistance, which could lead to a rally toward $0.500, provided buying momentum, market optimism, and volume remain strong. Simultaneously, Pepe Unchained, a promising new ICO blending meme coin popularity with real utility, has raised over $41 million, gaining traction in a bullish market driven by Bitcoin nearing all-time highs. Together, these developments underscore growing enthusiasm in the crypto space for both established tokens and innovative new projects.

PEPE UNCHAINED RAISES $41,000,000 Next 10X Potential Crypto

Pepe Unchained is a fast-rising ICO combining the viral appeal of meme coins like Pepe the Frog with real-world utility, including a decentralized exchange and staking. Offering a low entry price and high potential, this token presents a prime opportunity for investors seeking the next big breakout in the crypto space. Don’t miss your chance to invest early and maximize your gains.

Visit Pepe Unchained

Related News

  • Dogecoin Price Surges 26% In A Week As This Meme Coin Rival’s ICO Charges Towards $3 Million
  • Pepe Price Prediction: PEPE Soars 12% As Pepe Unchained FOMO Intensifies Amid Binance Listing Speculation
1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Q3 earnings season: Diverging strategies among 11 Wall Street financial giants—some are selling off, while others are doubling down

Technology stocks led by Nvidia have become a key reference signal for global capital allocation strategies.

BlockBeats2025/11/18 13:14
Q3 earnings season: Diverging strategies among 11 Wall Street financial giants—some are selling off, while others are doubling down

Highlights from the Ethereum Argentina Developers Conference: Technology, Community, and Future Roadmap

While reflecting on the past decade of infrastructure development, Ethereum clearly outlined its key priorities for the next ten years at the developer conference: scalability, security, privacy, and institutional adoption.

BlockBeats2025/11/18 13:14
Highlights from the Ethereum Argentina Developers Conference: Technology, Community, and Future Roadmap

Compliance Privacy: What is Kohaku, Ethereum’s Latest Major Privacy Upgrade?

Vitalik once said, "If there is no privacy transformation, Ethereum will fail."

BlockBeats2025/11/18 13:13
Compliance Privacy: What is Kohaku, Ethereum’s Latest Major Privacy Upgrade?

Ethereum Argentina Developers Conference: Towards a New Decade of Technology and Applications

While reflecting on the past decade of infrastructure development, Ethereum clearly outlined its key priorities for the next ten years at its developer conference: scalability, security, privacy, and institutional adoption.

ForesightNews 速递2025/11/18 13:03
Ethereum Argentina Developers Conference: Towards a New Decade of Technology and Applications