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Crypto Analyst Publishes Daring 2-Day Prediction For Dogecoin Price To Put It At New ATH
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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Dogecoin ATH Incoming? Analyst Issues 2-Day Price Forecast

Scott Matherson
Scott Matherson
6 months ago
3 mins read
Dogecoin

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Crypto analyst Master Kenobi has made a bold two-day prediction for the Dogecoin price, stating that it will hit a new all-time high (ATH) in the next two days. The analyst highlighted Dogecoin’s Relative Strength Index (RSI), which he suggested is very bullish for the meme coin at the moment. 

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Dogecoin Price To Reach ATH In Two Days

In an X post, Master Kenobi predicted that the Dogecoin price could reach a new ATH in two days. The analyst stated that Dogecoin’s 4-hour RSI chart appears to confirm his fractal setup. Based on this, he remarked that the leg up could potentially reach $0.85 by November 25th, marking a new ATH for the foremost meme coin. 

Master Kenobi added that some might even identify a potential bullish divergence within the RSI chart. Such a pattern also presents a bullish outlook for the Dogecoin price, indicating that the meme coin is set to witness a bullish reversal to the upside. This bullish reversal is already happening, as DOGE has successfully broken above $0.4. 

It is worth mentioning that crypto analyst Trader Tardigrade highlighted a bullish divergence on the 4-hour RSI chart. The analyst noted that this signal indicates an uptrend continuation in the Dogecoin price movement. His accompanying chart showed that DOGE could reach $0.7 on its next leg up. This will bring the meme coin close to its ATH of $0.73. 

DOGE is now trading at $0.46. Chart: TradingView

Meanwhile, even if the Dogecoin price doesn’t hit a new ATH by November 25, another of Master Kebobi’s analyses shows that it could happen by December 2. The analyst had previously highlighted a 91-day sequence, which he said Dogecoin is about to complete and suggested would lead to a price rally to $1 by December 2. 

The Next Resistance Level To Watch Out For 

With the Dogecoin price successfully breaking above $0.4, crypto analyst Kevin Capital has provided insights into the next resistance level to watch out for. In an X post, he noted that Dogecoin is breaking out of the macro .786 Fib level. He added that the next resistance is $0.54, followed by the meme coin’s current ATH at $0.73.  

Crypto analyst Javon Marks also confirmed that a rally to the current ATH for the Dogecoin price was in sight. In an X post, he said Dogecoin was surging towards $0.6533 and could break out of that level once it reached the target. He added that this 52.2% price surge to $0.6533 could happen quickly and that a rally to $1.25 comes into play once that happens. 

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At the time of writing, the Dogecoin price is trading at around $0.46, up over 16% in the last 24 hours, according to data from CoinMarketCap. 

Featured image from Reddit, chart from TradingView

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Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

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Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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