{"338906748743eb07b15698ea9be09c9e":"Key Insights:","be6435b14e2ff937ba4050966ecc032d":" Dogecoin price fell 8% on Monday to $0.1737, slipping below the key support level of $0.1781.","30cf8320a7ebbcd5c94a553e0c6da625":" Recent correction is Dogecoin price preparation to rally in November, says analyst.","e98a08739127559ccd8d9079c3b18c40":" Futures open interest dropped over the past 24 hours, with DOGE down by 2%, 7% for SHIB, and 8% for PEPE","b95fc4e042aad25a09629c37180419f8":"Dogecoin price fell 8% on Monday to $0.1737, slipping below the key support level of $0.1781. However, a top analyst views the correction as Dogecoin\u2019s way to prepare for a November rally.","7baa85d28a96f3e46f6a89d0977b5a38":"According to YazanXBT, the meme coin has historically rallied to record highs in November in all its previous bull phases.","8a4c71549208beab205f5a27bff1339e":"Nevertheless, the recent drop was caused by smart money wallets offloading their positions amid a substantial exodus among long-term holders.","d50a8765abd685e9b30f8d1bc33ba018":"The highly speculative nature of meme coins often triggers sharp swings, particularly during overall market corrections. As such, the exit among whale traders and holders can be attributed to this.","8d5f8275d2dfe37622312c46654e7292":"According to CoinGlass, futures open interest dropped over the past 24 hours, with DOGE down by 2%, 7% for SHIB, and 8% for PEPE, which brought the total values to $1.7 billion, $77.8 million, and $227.45 million, respectively.","1ca651abe8cf332eb7ce8f952481a95d":"On-chain data from Santiment shows major Dogecoin wallets holding over 100 million tokens have stayed largely inactive since November 1.","68db5b0fa03ae8bc29d28c4b43277f47":"Meanwhile, holdings of SHIB and PEPE among large investors have declined, adding to the supply pressure and deepening concerns about the sector\u2019s short-term outlook.","b30ff7fb7a915a75a3d2cd5bd5ff8d6d":"Dogecoin Price Prediction: Fractal Hints at DOGE Rally to $2","71aa1a8f9caa0453c7a4166e07511842":"November has consistently been a powerful month for Dogecoin price rallies, as per a DOGE bull fractal chart shared by YazanXBT.","8088d21ee1ec7d51a768d7ffe9479aec":"The pattern repeated itself in 2015, 2017, 2020, and 2022. In each cycle, November was the start of a massive DOGE breakout.","6ea0b6d485752b4e23b2c84247848f7b":"The weekly chart shows a wave of steady accumulation and explosive breakouts roughly every few years. Each rally began after a consolidation phase where volatility narrowed before volume surged.","87c84d2dd85229f7dec36a7c82ba4a17":"The current Dogecoin price action mirrors the earlier setups that preceded rallies with key support levels between $0.18 and $0.25.","d398d06694e9d99d6076ad7e6dd57e6b":" Dogecoin Price Action | Source: YazanXBT, X","f0c60b5385091d0b21129de2dc53d976":"Zooming into the history of DOGE price, the next critical level is $1.15 and it aligns with several key resistance zones along the long-term Fibonacci extension.","b9c5f117d24b2235a3fdd344ddff0a8a":"If bulls confirm a sustained breakout above these levels, the price of the memecoin could skyrocket to a new all-time high of $1.60.","0f583a3f8cce7eb89f66739150b24059":"Technically, the price of the meme coin tends to rally in November when judged against all previous Dogecoin bull cycles.","8ba4d30c0a3eec99f307feb1f69dc98c":"If the pattern holds true, this month could once again mark the start of another memorable Dogecoin price rally and possibly the opening chapter of the next altseason.","57c61da11d7f3f2f808d7191fb8cbfaf":"3rd Bullish Wave Coming Soon for DOGE Price","4913182479d3b0d322c890cf732e91e0":"EtherNasyonal shows a clear long-term structure in the Dogecoin price action, marked by three distinct bull waves since 2014.","1f480eca491801c455195e34d80839e8":"Each wave has followed a similar pattern characterized by a strong breakout, a consolidation phase, and then a new leg higher within a rising channel.","08d85beee4fd136b97a5c892e46092a6":" Dogecoin Price Analysis | Source: Ethernasyonal","d03422a87266cb7d8a761cd6998cd4cb":"Dogecoin (DOGE) price now appears to be entering its third bull wave, with the price consolidating just above a crucial trendline.","50c46d03b072cbf50e4141251787f8f3":"Support currently lies along the 25-month moving average just like in the previous two bull cycles. As such, the DOGE price action could be preparing for an extended move towards a new record high.","fc43a2ca2b2581fa9570b7c257bc0c09":"If the structure holds, the $0.1830 level could serve as a springboard that launches Dogecoin to a new multi-month high.","1bcd527e3284fb432a08dd9357365d94":"The post Dogecoin Price Prediction: Fractal Forecasts DOGE Rally of $2 appeared first on The Coin Republic."}