{"id":143923,"date":"2024-12-04T15:00:35","date_gmt":"2024-12-04T13:00:35","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=143923"},"modified":"2024-12-04T13:06:20","modified_gmt":"2024-12-04T11:06:20","slug":"dogecoin-set-for-big-gains-says-ex-goldman-sachs-exec","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/dogecoin-set-for-big-gains-says-ex-goldman-sachs-exec\/","title":{"rendered":"Dogecoin Set for Big Gains, Says Ex-Goldman Sachs Exec"},"content":{"rendered":"<p>Pal stated that <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/dogecoin\/\">Dogecoin<\/a> <\/strong>is currently forming a wedge pattern on its monthly chart, suggesting it could see similar growth to XRP.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a> is another that looks similar in potential magnitude. Insane Banana&#8217;s chart.<\/p>\n<p>Good luck all! May Lord Fishnu bless you all with Bananas. \ud83c\udf4c\ud83c\udf4c\ud83c\udf4c <a href=\"https:\/\/t.co\/ciTzMz3bOC\">pic.twitter.com\/ciTzMz3bOC<\/a><\/p>\n<p>\u2014 Raoul Pal (@RaoulGMI) <a href=\"https:\/\/twitter.com\/RaoulGMI\/status\/1863599108319035611?ref_src=twsrc%5Etfw\">December 2, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The wedge pattern, marked by two converging trendlines, typically signals a bullish breakout if the price rises above the upper trendline. Pal described the chart as &#8220;insane banana,&#8221; a term he uses to describe a phase where prices skyrocket in a parabolic, banana-shaped curve.<\/p>\n<p>At the time of writing, Dogecoin is priced at $0.404, reflecting a 172% increase over the past 30 days. Pal also highlighted <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP\u2019s<\/a> <\/strong>recent performance, <strong><a href=\"https:\/\/x.com\/RaoulGMI\/status\/1863599105114522029\">noting<\/a> <\/strong>that it has broken out from its own wedge pattern, which historically led to massive gains.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/tron-hits-new-all-time-high-doubling-price-within-hours\/\" title=\"Tron Hits New All-Time High, Doubling Price Within Hours\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Tron-mainnet-tronwallet-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Tron Hits New All-Time High, Doubling Price Within Hours<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>He pointed out that the last time XRP experienced such a breakout, it soared by 5,600%, hinting at the potential for significant upward movement, though it may not reach that extreme again.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Raoul Pal, a former Goldman Sachs executive, is growing optimistic about Dogecoin (DOGE) following the impressive performance of XRP, which has surged more than 5x in the past month.<\/p>\n","protected":false},"author":9,"featured_media":105634,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-143923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dogecoin Set for Big Gains, Says Ex-Goldman Sachs Exec<\/title>\n<meta name=\"description\" content=\"Raoul Pal, a former Goldman Sachs executive, is growing optimistic about Dogecoin (DOGE) following the impressive performance of...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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