Dogecoin (DOGE) Price Prediction for November 30

Share This Post

Will Dogecoin Reach $1

The post Dogecoin (DOGE) Price Prediction for November 30 appeared first on Coinpedia Fintech News

Dogecoin (DOGE), the world’s largest and most popular meme coin, is poised to continue its upward momentum after consolidating for two weeks. The positive outlook for DOGE potentially caused by the bullish price action and Donald Trump’s victory in the United States presidential election.

Dogecoin (DOGE) Technical Analysis and Upcoming Level 

Following the election results, DOGE has soared more than 150% without taking a pause. However, from November 12 to November 30, 2024, it has remained in a small consolidation zone between $0.353 and $0.428.

Amid the ongoing consolidation in DOGE, expert technical analysis suggests that the daily chart of the meme coin has formed a bullish ascending triangle pattern and is on the verge of a breakout. However, DOGE’s current price has reached a level where it has historically faced selling pressure and downside momentum.

Source: Trading View

Dogecoin (DOGE) Price Prediction

Based on recent price action and historical momentum, if DOGE breaches this hurdle and closes a daily candle above the $0.45 level, there is a strong possibility it could surge by 30% to reach the $0.57 level in the coming days.

Bullish On-Chain Metrics 

On the positive side, the meme coin has attracted notable interest from traders and investors, as reported by the on-chain analytics firm Coinglass. Over the last 24 hours, DOGE’s open interest (OI) has surged by 17% and increased by 11% in the past four hours. This growing open interest indicates traders’ strong belief and confidence in the meme coin, causing a rise in new open positions.

In addition to strong participation from traders, whales and institutions have also shown interest in the meme coin, as reported by the on-chain analytics firm IntoTheBlock. According to the data, the large transaction volume by whales has increased by 41.15%, indicating heightened activity from long-term holders.

Source: IntoTheBlock

The combination of these bullish on-chain metrics and technical analysis suggests potential upside momentum in the coming days, presenting ideal buying opportunities.

Current Price Momentum

At press time, DOGE is trading near $0.43 and has experienced an upside momentum of over 8.15% in the past 24 hours. During the same period, its trading volume has increased by 5.5%, indicating heightened participation from traders and investors amid a bullish outlook.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Trump on Middle East Chaos: ‘It’s Possible We Could Get Involved’ as Markets Brace for Fallout

On Sunday, June 15, 2025, the crypto economy edged up 092%, cruising at a total valuation of $329 trillion Gold ticked higher by 137%, and silver posted a modest 017% gain against the US dollar over

Crypto Just Got Pricier In Brazil: 17.5% Tax Kicks In

Brazil’s finance ministry has moved to simplify crypto taxes, swapping a tiered system for a single flat rate On June 12, Provisional Measure 1303 took effect, scrapping the old break that let

Shiba Inu Burn Explodes 3,194%: Can It Change The SHIB Price Trajectory?

Shiba Inu has seen a surge in burn activity, with the burn rate climbing by 3,194% in the last 24 hours According to data from burn tracker Shibburn, over 5216 million SHIB tokens were permanently

$1.5B in Crypto Still Sits in the Ruins of Firms Like FTX, Terraform, Celsius, and Blockfi

Over the past few years, a wave of digital asset firms collapsed for a mix of reasons—some dragged down by earlier disasters like the FTX and Terraform Labs fiascos Here’s a closer look at a

Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level

Bitcoin is at a crossroads again Prices have been bouncing between $61,000 and $104,000 for about seven months That range looks a lot like the $31,000–$64,000 sideways move before the sharp drop in

Bitcoin Golden Cross Suggests Potential Surge To $229,000 – Details

In the past month, Bitcoin (BTC) prices have shown little growth with a range bound movement between $103,000 to $110,000  Since establishing a new all time high of $111,931 in late May, the premier