{"id":83539,"date":"2025-02-12T08:04:00","date_gmt":"2025-02-12T08:04:00","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/finance\/hold-dogecoin-until-march-24-says-top-crypto-trader-expecting-nice-pumps-but-look-out-for-these-sell-signals\/"},"modified":"2025-02-12T08:04:00","modified_gmt":"2025-02-12T08:04:00","slug":"hold-dogecoin-until-march-24-says-top-crypto-trader-expecting-nice-pumps-but-look-out-for-these-sell-signals","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=83539","title":{"rendered":"Hold Dogecoin Until March 24, Says Top Crypto Trader Expecting &#8216;Nice Pumps:&#8217; But Look Out For These &#8216;Sell&#8217; Signals"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/cdn.benzinga.com\/files\/images\/story\/2025\/02\/12\/Polymarket-Bets-Turn-Bullish-On-2025-Dog.jpeg?optimize=medium&amp;dpr=1&amp;auto=webp&amp;height=675&amp;width=1200&amp;fit=crop\" \/><\/p>\n<div id=\"article-body\" itemprop=\"articleBody\" itemscope=\"\" itemtype=\"https:\/\/schema.org\/Article\">\n<div>\n<p>A widely followed cryptocurrency trader plans to hold onto their <strong>Dogecoin <\/strong><span class=\"ticker\" data-ticker=\"DOGE\/USD\" data-exchange=\"CRYPTO\" style=\"display: inline-block;\">DOGE\/USD<\/span> until Mar. 24, anticipating a significant pump in the value of the world\u2019s largest meme cryptocurrency.<\/p>\n<p><strong>What Happened<\/strong>: <strong>Chandler<\/strong>, noted for analyzing chart patterns and forecasting the next moves for cryptocurrencies, shared their investment strategy for Dogecoin.<\/p>\n<p>\u201cMarch 24 is the 0.236 Fib Time Zone. Historically, it has shown nice pumps in both Bitcoin and DOGE,\u201d the trader stated. <\/p>\n<p>Chandler had previously predicted that the \u201cbest time\u201d to sell DOGE is\u00a0a week or two after\u00a0it crosses the 0.236\u00a0Fib time zone.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p>Fibonacci time zones are vertical lines that show probable swing highs, lows, or reversal points on a chart. They are time-based indicators, and the vertical lines correspond to the Fibonacci sequence.<\/p>\n<p><strong>Ali Martinez<\/strong>, another influential cryptocurrency analyst, projected that a surge in key on-chain indicators like daily active addresses, transactions, and whale activity could \u201csignal\u201d the start of a fresh DOGE rally.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p><strong>See Also<\/strong>:<a href=\"https:\/\/www.benzinga.com\/24\/12\/42735744\/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading\"> <\/a><a href=\"https:\/\/www.benzinga.com\/25\/02\/43584910\/man-who-accidentally-lost-his-775-million-bitcoin-stash-expresses-desire-to-buy-the-landfill-site\"><strong>Man Whose $775 Million Bitcoin Fortune Lies Buried In A Landfill Now Wants To Buy The Trash Heap<\/strong><\/a><\/p>\n<p><strong>Why It Matters<\/strong>: The bullish projections, however, contrasted with bearish signals from certain popular technical indicators.<\/p>\n<p>The Moving Average Convergence Divergence, which compares two exponential moving averages of price, flashed a \u201cSell\u201d signal for DOGE, according to\u00a0<a href=\"https:\/\/in.tradingview.com\/symbols\/DOGEUSD\/technicals\/\" target=\"_blank\" rel=\"noreferrer noopener\">data\u00a0<\/a>from TradingView.<\/p>\n<p>Furthermore, nearly all of its exponential and simple moving averages suggested a \u201cStrong Sell.\u201d <\/p>\n<p>Things looked bearish in the derivatives market as well. More than 50% of DOGE futures traders held short positions as of this writing, <a href=\"https:\/\/docs.google.com\/document\/d\/1IKEBmWfCbvgmBdmYOcbaDteOMGJ0d8exHRmUAAumE2c\/edit?tab=t.0\">according <\/a>to Coinglass.<\/p>\n<p><strong>Price Action<\/strong>: At the time of writing, DOGE was exchanging hands at $0.2523, down 6% in the last 24 hours, according to\u00a0<a href=\"https:\/\/pro.benzinga.com\/dashboard?_gl=1*380nj0*_ga*MTEyOTAyOTcxMy4xNzEzMzY0NTYy*_ga_V7ZK73W7N0*MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..\" target=\"_blank\" rel=\"noreferrer noopener\">data from Benzinga Pro<\/a>. Year-to-date, the coin has plunged over 22%.<\/p>\n<p><em>Image via Shutterstock<\/em><\/p>\n<p><strong>Read Next:<\/strong><em>\u00a0<\/em><\/p>\n<\/p><\/div>\n<p><a class=\"text-sm my-4\" href=\"https:\/\/www.benzinga.com\/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom\" rel=\"noreferrer\" target=\"_blank\">Market News and Data brought to you by Benzinga APIs<\/a><\/p>\n<p class=\"copyright\">\u00a9 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>A widely followed cryptocurrency trader plans to hold onto their Dogecoin DOGE\/USD until Mar. 24, anticipating a significant pump in the value of the world\u2019s largest meme cryptocurrency. What Happened: Chandler, noted for analyzing chart patterns and forecasting the next moves for cryptocurrencies, shared their investment strategy for Dogecoin. \u201cMarch 24 is the 0.236 Fib [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":83540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93],"tags":[10954,11724,16305,3094,7095,3802,4747,2987,23899,213,11048],"dealstore":[],"offerexpiration":[],"class_list":["post-83539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-crypto","tag-dogecoin","tag-expecting","tag-hold","tag-march","tag-nice","tag-pumps","tag-sell","tag-signals","tag-top","tag-trader"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hold Dogecoin Until March 24, Says Top Crypto Trader Expecting &#039;Nice Pumps:&#039; But Look Out For These &#039;Sell&#039; Signals - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=83539\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hold Dogecoin Until March 24, Says Top Crypto Trader Expecting &#039;Nice Pumps:&#039; But Look Out For These &#039;Sell&#039; Signals - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"A widely followed cryptocurrency trader plans to hold onto their Dogecoin DOGE\/USD until Mar. 24, anticipating a significant pump in the value of the world\u2019s largest meme cryptocurrency. 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