{"id":464770,"date":"2023-12-11T10:34:08","date_gmt":"2023-12-11T10:34:08","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=464770"},"modified":"2023-12-11T10:34:08","modified_gmt":"2023-12-11T10:34:08","slug":"dogecoin-price-prediction-top-analyst-says-doge-might-have-40-upside-but-traders-look-to-these-new-meme-coins-for-10x-potential","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogecoin-price-prediction-top-analyst-says-doge-might-have-40-upside-but-traders-look-to-these-new-meme-coins-for-10x-potential","title":{"rendered":"Dogecoin Price Prediction: Top Analyst Says DOGE Might Have 40% Upside, But Traders Look To These New Meme Coins For 10X Potential"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The Dogecoin price is up 1.8% in the last 24 hours to<\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogecoin\"><span style=\"font-weight: 400\"> trade at $0.097<\/span><\/a><span style=\"font-weight: 400\"> as of 09:26 p.m. EST as trading volume dropped 3.9% to $1.4 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This surge comes as analyst Ali Martinez observes significant breakthroughs in the Dogecoin price.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Sharing insights with his 34,800 followers on the social media platform X, Martinez highlights the potential for Dogecoin to surge 40%, especially after surpassing key price barriers.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Martinez&rsquo;s analysis suggests that bullish cryptocurrency investors have accumulated billions of DOGE at a price of $0.095, a range he considers to be a robust support level at present.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Dogecoin<\/a> has successfully cleared all major resistance levels!<\/p>\n<p>With the $0.095 support proving strong &ndash; thanks to 63,280 addresses buying 3.2 billion <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a> &ndash; the path looks set for an upward journey. If this support remains firm, we could see <a href=\"https:\/\/twitter.com\/hashtag\/DOGE?src=hash&amp;ref_src=twsrc%5Etfw\">#DOGE<\/a> aiming for $0.14 next. <a href=\"https:\/\/t.co\/QmfZ9kY5Dh\">pic.twitter.com\/QmfZ9kY5Dh<\/a><\/p>\n<p>&mdash; Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1733236685927014738?ref_src=twsrc%5Etfw\">December 8, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">Martinez expresses optimism, indicating that as long as DOGE remains above $0.095, the potential for continued positive movement seems promising.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">The Dogecoin Price: Bulls Break Above the Rising Channel<\/span><\/h2>\n<figure id=\"attachment_464782\" aria-describedby=\"caption-attachment-464782\" style=\"width: 1736px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-464782\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/image-10.png\" alt=\"Dogecoin Price chart\" width=\"1736\" height=\"763\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/image-10.png 1736w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/image-10-300x132.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/image-10-1024x450.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/image-10-768x338.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/image-10-1536x675.png 1536w\" sizes=\"(max-width: 1736px) 100vw, 1736px\"><figcaption id=\"caption-attachment-464782\" class=\"wp-caption-text\">DOGEUSD Chart Analysis. Source. Tradingview.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">The prevailing trend in Dogecoin&rsquo;s price over the weekend indicates a bullish trajectory. The Dogecoin market has exhibited resilience, establishing robust support at $0.0582, laying a solid groundwork for bullish activities. <\/span><\/p>\n<p><span style=\"font-weight: 400\">This strength facilitated a breakout from the rising channel, reaching the $0.10 mark, and a successful retest of the upper trendline of the channel.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, DOGE faced challenges as the price faced resistance at $0.10, which has also formed the double top pattern, which signals a downward move, allowing the bears to drive the price down.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">The confirmation of a bullish sentiment materialized as the price effectively crossed above the 50-day and 200-day Simple Moving Averages (SMAs) at $0.071.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The relative strength index (RSI) shows a downward trend from 81 in the overbought zone. However, it remains bullish at 66, with the potential for re-entering the overbought zone if bullish momentum persists.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">The Dogecoin Price: Is It Time to Rally?<\/span><\/h2>\n<p><span style=\"font-weight: 400\">The Dogecoin price exhibits the potential for an ascent above $0.10. Sustained bullish momentum may propel prices beyond the $0.15 threshold in the remaining weeks of 2023.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, supported by the double top pattern, bears might aim to reach the $0.088 support level, triggering a corrective phase.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Two newly emerging competitors in the meme coin space may offer better upside returns. Meme Kombat (MK) and Wall Street Memes (WSM) have had investors flocking to acquire more tokens at discounted rates for 20X return potential.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">New P2E Crypto Meme Kombat Secures $2.8 Million, Inching Closer to $3.5 Million Goal<\/span><\/h2>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/memekombat\" rel=\"nofollow\"><span style=\"font-weight: 400\">Meme Kombat<\/span><\/a><span style=\"font-weight: 400\"> is an exciting new play-to-earn cryptocurrency game that combines meme battles and betting. Using AI-generated battles, players can wager on their favorite meme characters for a chance to win big. <\/span><\/p>\n<p><span style=\"font-weight: 400\">What&rsquo;s unique is that you can also bet on professional players, eliminating the risk if you&rsquo;re not a skilled player yourself.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Your <a href=\"https:\/\/twitter.com\/search?q=%24MK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MK<\/a> is worth more!<\/p>\n<p>Yes. You read that correctly. You can buy <a href=\"https:\/\/twitter.com\/search?q=%24MK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MK<\/a> now for $0.235&#129321; <a href=\"https:\/\/t.co\/DAKBpbMqUB\">pic.twitter.com\/DAKBpbMqUB<\/a><\/p>\n<p>&mdash; Meme Kombat (@Meme_Kombat) <a href=\"https:\/\/twitter.com\/Meme_Kombat\/status\/1732792312785252455?ref_src=twsrc%5Etfw\">December 7, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">In the current presale phase, Meme Kombat has already raised an impressive $2.8 million, and it&rsquo;s quickly moving towards its target of $3.5 million. Right now, investors can <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/memekombat\" rel=\"nofollow\"><span style=\"font-weight: 400\">secure MK tokens at a discounted rate of $0.235<\/span><\/a><span style=\"font-weight: 400\">, but this price is set to rise in the next three days.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">As the presale progresses, the token&rsquo;s value will continue to increase until it reaches its final goal.&nbsp;<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Stake for High APY, Next Pepe Coin?<\/span><\/h2>\n<p><span style=\"font-weight: 400\">But that&rsquo;s not all. Meme Kombat offers a unique staking feature for investors. By <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/memekombat\" rel=\"nofollow\"><span style=\"font-weight: 400\">purchasing and staking MK tokens<\/span><\/a><span style=\"font-weight: 400\">, you can earn an impressive annual percentage yield (APY) of 301%, far surpassing the industry average of 5&ndash;10%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">With all these compelling reasons, more and more traders are flocking to invest in Meme Kombat. Even popular YouTuber and analyst Jacob Bury has invested in the project and believes it could be the next PEPE with 10X growth potential.<\/span><\/p>\n<p><iframe title=\"Meme Kombat New 10x Potential Meme Token? Next PEPE Coin?!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/aYimSYO0KAw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400\">You can purchase MK tokens directly from the <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/memekombat\" rel=\"nofollow\"><span style=\"font-weight: 400\">official Meme Kombat website<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">$WSM Set to Explode Following Casino Launch<\/span><\/h2>\n<p><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/wsmcasino\" rel=\"nofollow\"><span style=\"font-weight: 400\">Wall Street Meme (WSM)<\/span><\/a><span style=\"font-weight: 400\"> project has established itself as one of the standout success stories of 2023. Having raised an impressive $25 million during its presale funding rounds, it continued its remarkable journey with a staggering 114% surge in value post-launch.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">INTRODUCING THE WALL ST MEMES CASINO! &#128680;<\/p>\n<p>Enjoy Wall St Memes custom games, sports betting, a live casino and <a href=\"https:\/\/twitter.com\/search?q=%24WSM&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$WSM<\/a> token integration &#128293;<\/p>\n<p>200% deposit bonus &ndash; Sign up now! &#11015;&#65039;<a href=\"https:\/\/t.co\/RvwON1Sfp2\">https:\/\/t.co\/RvwON1Sfp2<\/a> <a href=\"https:\/\/t.co\/6snnG16A6v\">pic.twitter.com\/6snnG16A6v<\/a><\/p>\n<p>&mdash; Wall Street Memes Casino (@wsmcasino) <a href=\"https:\/\/twitter.com\/wsmcasino\/status\/1714664584076784123?ref_src=twsrc%5Etfw\">October 18, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">Building on this success, the project has now introduced the Wall Street Meme casino, strategically targeting the vast and thriving casino gambling industry, which boasts a whopping 4.2 billion-strong audience.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">This move promises not only a substantial market base but also the potential for exponential growth for WSM.<\/span><\/p>\n<p>In its inaugural month, <a href=\"https:\/\/insidebitcoins.com\/visit\/wsmcasino\" rel=\"nofollow\"><span style=\"font-weight: 400\">Wall Street Meme Casino<\/span><\/a> welcomed 18,100 new players, generating $1.5 million in revenue across 5,000 games. By November, the user base surged to 78,000, <span style=\"font-weight: 400\">showing crypto gambling&rsquo;s potential for growth.&nbsp;<\/span><\/p>\n<p>To learn more about WSM, go to the official website <a href=\"https:\/\/insidebitcoins.com\/visit\/wallstreetmemes\" rel=\"nofollow\">here<\/a>.<\/p>\n<h2><span style=\"font-weight: 400\">Related News<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/nft-sales-surge-over-300m-in-the-past-week-is-the-nft-summer-finally-here\"><span style=\"font-weight: 400\">NFT Sales Surge Over $300M In The Past Week &ndash; Is The NFT Summer Finally Here?<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/scorpion-casino-is-not-just-for-gamers-and-gamblers-10000-daily-rewards-for-passive-stakers\"><span style=\"font-weight: 400\">Scorpion Casino is Not Just For Gamers and Gamblers &ndash; $10,000 Daily Rewards For Passive Stakers<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - 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