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Expert Signals 93-Day Bull Run as DOGE Holds Above $0.15

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  • Despite recent market fluctuations, Dogecoin continues to trade steadily above the $0.15 level.
  • The meme coin has shown strong support at $0.154, building confidence among market watchers.
  • Based on current momentum, analyst Steph Is Crypto predicts that Dogecoin could soon reach the $1 mark.

Dogecoin (DOGE) stabilizes, maintaining a strong position above the $0.15 level. The drop from its recent peak did not affect DOGE‘s consistent current market behavior. Most experts display positive signals, leading them to predict an upcoming price rally during the next several weeks.

DOGE Holds Steady as Momentum Builds

Despite recent declines in the broader crypto market, Dogecoin’s price has stayed above a crucial support level of $0.15. Following its weekly low at $0.1515, Dogecoin rose to a position near $0.1548. Dealers maintain watchful attention for a possible price breakout despite relatively flat activity on the 24-hour timeframe.

Since Dogecoin surpassed its $0.154 support level, it has successfully maintained that position, and analysts consider it positive for future price growth. Current market stabilizations might indicate the beginning of an upcoming powerful price increase. Meme coin enthusiasts show increased confidence because the price has stabilized at this level.

Technical signals now point to a potential reversal, aligning with past price action in earlier DOGE cycles. Minimal price movement exists at present. However, recent support levels signal the highest chance for a market recovery in projected short-term periods. The trend might result in increased momentum, providing sustained power.

Analysts Predict DOGE Rally Toward $1

Crypto analyst Steph Is Crypto stated that Dogecoin could soon hit the $1 mark, driven by upcoming momentum. The prediction became stronger when Dogecoin managed to defend its key support point, indicating promising development possibilities. The analyst who made these predictions established a previous long-term goal of around $2.

Source: X

According to market observers, stable market conditions prove essential for an upcoming price increase. As Dogecoin prepares for a shift, traders anticipate significant activity ahead. Multiple market analysts predict that Dogecoin will experience a significant price shift in the coming weeks.

Another expert, Trader Tardigrade, highlighted DOGE’s historical trend of entering 93-day bull phases after long correction periods. According to analysis data used in this theory, the recorded 159-day bearish phase precedes bullish trends. The analyst points out that the current situation shows signs of initiating a new rally phase.

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Source: X

Institutional Adoption Adds Fuel to DOGE Sentiment

Several Wall Street firms have now adopted Dogecoin as a valid payment method, strengthening its market position. Companies like Tesla, AMC Theatres, and Newegg accept DOGE, supporting its use in daily transactions. Because of this market advancement, the coin’s future validity improves.

Asset manager 21Shares noted DOGE’s low fees and fast processing time as reasons for its increasing appeal. The coin gains practicality in digital small payments and tipping because of these features that enhance its usability. Market demand continues to grow because of ongoing adoption, while future price growth becomes more possible.

Rising institutional interest levels will increase the market’s transaction volume in the following months. The growth of adoption rates results in elevated circulation levels that tend to boost prices. 

Dogecoin Open Interest Rises to $1.55B; DOGE Price Rises

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  • The rise in the Dogecoin open interest to $1.55B suggests increased trader activity and buying pressure.
  • Technical indicators on the 1-day chart show bullish signals, with the MACD and signal lines displaying a bullish crossover.
  • DOGE remains in consolidation between $0.15 and $0.17 amid uncertainty in the overall financial markets.

Coinglass data shows that open interest (OI) in the leading memecoin, Dogecoin (DOGE) reached $1.55 billion over the past 24 hours. The open interest is the number of active futures contracts yet to be settled.

The data further showed that the $1.55 billion in open interest represents a 1.39% rise in the last day. The rise in DOGE price confirms the buying pressure in the coin’s derivatives markets.

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Dogecoin open interest. Source: Coinglass

With uncertainty in the broader financial markets due to various reasons, the cryptocurrency market continues to experience a rise in volatility. Such reasons include a rise in inflation rates, which have remained above central bank levels, and the risks of recession in certain economies.

Hence, there has been a drop in fund inflows into the digital asset ecosystem. Also, there has been a slowdown in the growth of the stablecoin market.

Dogecoin displays Short-Term Bullish Signals

At the time of writing, DOGE price is up 1.1% in the last 24 hours and trades at $0.158, according to Coingecko data. Dogecoin price is in recovery after recording a drop in price in the last three days.

DOGE hasn’t recorded any significant price changes since the start of the week. It has continued to trade between $0.15 and $0.17 during this period.

However, the rise in open interest and buying momentum suggests that DOGE traders may have found clarity in the markets. Meanwhile, the daily chart on the Tradingview platform shows that there are bullish signals for the memecoin.

The MACD line has crossed over the signal line, while the histogram bars are green. However, the value of its relative strength index (RSI) is 45.89, which suggests that bullish momentum is not that strong.

The RSI further suggests rising buying pressure as it is increasing from below 40. But it is yet to cross the neutral 50 level.

Hence, the DOGE price still remains in consolidation for now.

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DOGE daily price chart. Source: TradingView

Dogecoin (DOGE) Bulls Defend Key Support, Eyes Set on $0.21 Next Leg

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Key Takeaways:

  • Dogecoin is holding above key support at $0.15, setting up for a potential breakout.
  • A close above $0.17 could open the path toward $0.21 or even higher.
  • Recent pullback to $0.13 was recovered quickly, showing early signs of bullish momentum.
  • Bitcoin’s stability could support DOGE’s upward move if the market turns bullish.

Dogecoin (DOGE) is hovering around its crucial support level and is on the verge of a breakout. DOGE is currently facing volatility and experiencing downward pressure. Despite this short term pullback, the overall DOGE price trajectory is looking promising.

While the overall market is not so volatile, Bitcoin is also holding above its support level and primed for an upward move. If the market started its bullish run, it could benefit DOGE, which will help the meme coin to break out soon and start its leg up.

Over the last 24 hours, DOGE is down by almost 4%, with a trading price of $0.1566. Moreover, its trading volume is also experiencing a decline and is down by 14%, with a 24-hour trading volume of $870.5M and a market cap of $23.32B.

DOGE 1D graph coinmarketcap 8
Dogecoin (DOGE) Bulls Defend Key Support, Eyes Set on $0.21 Next Leg 7

Dogecoin Eyes $0.21 as Bulls Hold the Line

Analyst highlights possible scenario for DOGE future price trajectory. Crypto analyst Ali Martinez optimistically pointed out that Dogecoin (DOGE) is gearing up for a big week.

However, DOGE is at a pivotal juncture. Price recently swept the $0.13 lows but is still holding above major support at $0.15. This presents a classic “make or break” setup – either bulls defend structure here, or we break down and likely revisit $0.11.

image 146 13

DOGE is stabilizing after a strong recovery from $0.13009, showing early signs of bullish momentum. If DOGE closes above $0.17, it could open the door to $0.21 or even $0.29. As long as it holds the key support, the chances for an upward move are more likely.

With the overall market conditions, it seems like DOGE will move upward. Bitcoin is trading above a crucial support level and favoring the positive market conditions. Once BTC starts climbing again, DOGE will follow.

Related Reading | XRP Crosses $2 as Bullish Signals Flash — Can Momentum Hold?

1.3B DOGE Moved: Are Dogecoin Whales Signaling a Bigger Crash Ahead?

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  • Dogecoin whales sold approximately 1.32 billion DOGE on April 7 and 8, causing a major shift in market sentiment.
  • This large-scale dump coincided with a sharp 22 percent price drop from $0.168 to $0.131.
  • On-chain analyst Ali Martinez confirmed that each selling wallet held at least one billion DOGE before the selloff.

This week, a sudden drop in large-scale Dogecoin (DOGE) holdings has drawn attention across the cryptocurrency market. On April 7 and 8, Dogecoin whales unloaded 1.32 billion DOGE, drastically reducing their positions. The token market lost 22% of its value while this movement occurred with a decrease from $0.168 to $0.131.

According to on-chain analytics shared by Ali Martinez, each wallet involved held at least one billion DOGE. The significant transfer activity began shortly after Dogecoin started sliding from its March 25 local peak of $0.206. Retracing its value upward after the initial decline, Dogecoin maintains a current price of $0.147.

Source- Ali Martinez, X
Source- Ali Martinez, X

The transaction time reveals that whales actively participated in the declining market, making strategic prepaid transactions that increased the price fall. The on-chain data platform Santiment observed the transactions, verifying the scale of the whale movements. Martinez communicated the significance of the trend for his followers on X through a supporting chart he posted after doing so.

DOGE Price Impact Mirrors Wider Market Turbulence

The decreasing DOGE holdings happened when crypto market fluctuations were getting more volatile. The value of Bitcoin began to decline because U.S. tariffs created market instability among investors. Dogecoin joined multiple other primary assets, and its prices decreased because of this market event.

Additional customer sell-offs occurred as Dogecoin experienced a price decline, further accelerating the market descent. A series of negative market changes emerged when Dogecoin investors witnessed its March peak price dip of 28% because of unstable market factors. A significant transaction of 300 million DOGE was tracked departing for Binance.

A large wallet transaction monitoring system named Whale Alert detected a probable sale when tracing an unknown account. The movement of whales’ substantial funds to trading platforms indicates probable selling behavior because it affects market values. The data collected by Santiment demonstrates that premium holders have the potential to conduct more selling operations.

DOGE Profitability Remains Moderate Compared to Peers

Despite the recent selloff, Dogecoin maintains a modest profitability rate among cryptocurrencies. As reported by Glassnode, 50.8% of the DOGE supply remains in profit year-to-date. More than half of the Dogecoin supply currently exceeds its initial purchase prices.

Dogecoin is behind Bitcoin, Toncoin, and XRP in terms of profit generation among assets. Bitcoin generates profits at a rate of 76.8%, but XRP reaches 81.6%, and TRX operates at 84.6% profit levels. Solana reported 44.9% profitability, while Ethereum displayed a 31.6% profit rate, indicating that Dogecoin exists between these two figures in terms of profitability.

DOGE 4
1.3B DOGE Moved: Are Dogecoin Whales Signaling a Bigger Crash Ahead? 10

Source: X

The profitability rate demonstrates that Dogecoin has proved resilient, yet large whale transactions in the market signal negative consequences for short-term value stability. Significant investor reduction activities might lead to further price drops in this market. Dogecoin will experience prolonged market fluctuations because buy and sell activities coincide with cryptocurrency exchange transactions.

Dogecoin Goes Institutional: First-Ever DOGE ETP Hits European Markets

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  • 21Shares has launched a Dogecoin ETP on the SIX Swiss Exchange under the ticker DOGE.
  • This is the first Dogecoin ETP to be officially backed by the Dogecoin Foundation.
  • The ETP is 100 percent physically backed and is now available through banks and brokerages across Europe.

21Shares introduced a new Dogecoin ETP on the SIX Swiss Exchange under the “DOGE.” Dogecoin Foundation provides its first endorsement of the newly launched Dogecoin product. The physically backed ETP enables institutional investors to access traditional financial products that invest in a prevalent crypto meme token.

Through its connection with the House of Doge, the ETP enables investors to obtain safe and clear Dogecoin exposure. Financial platforms across Europe can access the product, which charges a 2.50% fee for management expenses. Organizations under 21Shares are increasing their presence in crypto investment products through this recent development.

Investors can rely on the full support of physical Dogecoin assets because the new product exists with ISIN CH1431521033. With the rising demand for regulated altcoin solutions in the market, European investors now have direct access to Dogecoin through a structured investment method that eases holdings of the actual cryptocurrency.

DOGE ETP in Europe. Source: Press release

Dogecoin ETP Strengthens Dogecoin’s Institutional Presence

DOGE ETP introduces new possibilities for traditional financial establishments to handle meme coins. Through this structure, financial institutions and retail investors now have a controlled way to access the Dogecoin network. The Dogecoin Foundation endorsement increases the credibility of the product.

21Shares maintains a commitment to transparent service provision while sustaining high standards for customer account management. The fund operates through 11 exchanges and handles assets valued at more than $7.3 billion. The Dogecoin ETP expands the company’s product lineup.

Through this launch, Dogecoin’s evolution shows its transition from a humorous cryptocurrency to an organized financial instrument. The foundation’s backing reinforces how the token grows more sophisticated. The token becomes more accessible to investors who do not need to participate in conventional crypto transactions.

Floki DAO and the Rise of Meme Coin ETPs in Europe

The European market approved Floki-related ETPs through the Floki DAO after the DOGE ETP succeeded. The rise of meme coin investments among European investors is shown through their growing interest in listing these products. The ETPs issued by Floki received support through liquidity incentives, which increased their market accessibility.

The European market provides its users with improved regulatory conditions when investing in altcoin compared to other regions. The faster admission of regulated financial settings for meme coins through these product launches has made Europe a vital center for issuing altcoin ETPs.

The SEC maintains hesitancy in approving crypto asset-related measures in the United States, but European regulators have quickened the adoption speed. Floki’s economic products are made for investors who currently hold Dogecoin trading on authorized exchange platforms. The institution-wide approach demonstrates a transition in investors’ methods of obtaining elusive digital assets.

US Lags Behind as Europe Gains Ground in Meme Coin Funds

The US Federal Regulatory body has not approved any Dogecoin-based ETF products. Bitwise filed at the Delaware Trust Company before the company submitted another amendment. Current information does not reveal any approval timeline from the SEC.

Stringent regulatory measures restrict American investors from buying newly available altcoin financial products. Crypto investment options at European trading platforms are expanding while US regulators delay approval of new product launches. Institutional market demand continues to rise because European funds continue to receive higher investment volumes.

Is Dogecoin Set for a 333% Surge? Analysts See Big Gains

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  • Dogecoin’s breakout signals potential rise to $0.6533, an 80% increase.
  • Historical trends suggest Dogecoin may replicate past bull cycle with strong gains.
  • Institutional interest and Grayscale’s trust boost Dogecoin’s long-term viability.

Dogecoin (DOGE) is gaining attention as analysts predict a significant price surge following its recent breakout. Crypto analyst Javon Marks has projected that DOGE could reach $0.6533, marking an 80% increase from its current levels. 

If momentum continues, the meme coin could rise even further to $1.2511, representing a staggering 333% gain. This bullish outlook aligns with past market cycles where Dogecoin experienced two major corrections before a strong rally.

Historical Trends Indicate Strong Potential

Traders have noticed similarities between the current market cycle and the 2020-2021 bull run. Back then, Dogecoin saw multiple pullbacks before skyrocketing to record highs. This pattern suggests that history may repeat itself, with DOGE poised for another explosive rally. Technical indicators also show promising signs, reinforcing expectations of a sustained uptrend.

Institutional Investors Enter the Market

The growing institutional interest in Dogecoin signals increasing confidence in its long-term viability. Companies have started accumulating DOGE, with Neptune Digital Assets recently purchasing 1,000,000 tokens through a strategic derivative trade. The firm acquired the asset at an average price of $0.37 per token on December 27, 2024.

Additionally, Neptune expanded its portfolio by purchasing 20 Bitcoin at an average price of $99,833 per BTC. The company’s CEO, Cale Moodie, reaffirmed its commitment to digital assets while ensuring a balanced approach to leverage risk. This strategic move underscores the increasing corporate appetite for cryptocurrencies beyond Bitcoin and Ethereum.

Furthermore, Grayscale’s launch of a Dogecoin Trust early Friday has provided institutional and accredited investors with a regulated investment vehicle. This development enhances DOGE’s credibility and accessibility, potentially fueling further accumulation.

Technical Indicators Suggest Mixed Sentiment

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XRP/USD daily price chart, Source: Trading view

Despite bullish projections, technical indicators reflect ongoing bearish momentum. As of press time priced at $2.51, the Relative Strength Index (RSI) is currently at 38.89, signaling weakness but staying above oversold levels. If RSI declines further, it could indicate selling exhaustion, potentially triggering a rebound.

Moreover, the Moving Average Convergence Divergence (MACD) remains below the signal line, confirming bearish momentum. The histogram remains in the negative zone, reinforcing weak buying pressure. 

Dogecoin Set for Explosive Surge: Can It Repeat 10,000% Growth in 2025?

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  • Dogecoin’s 10,000% Surge: Is Another Moonshot Possible in 2025?
  • Dogecoin Eyes $1 Target as 2025 Rally Mirrors 2021 Surge
  • Dogecoin Holds Key Support: Could It Trigger Another Explosive Breakout?

Dogecoin’s 2021 surge from pennies to over $0.70 stunned the crypto world. As 2025 unfolds, $DOGE is showing signs of another possible breakthrough. Could the meme coin’s next moonshot be just around the corner?

Dogecoin shows signs of another major breakout in 2025

Dogecoin’s ($DOGE) impressive 10,000% surge in 2021 shocked the crypto world. The coin experienced a meteoric rise, sparking renewed interest in its potential. As $DOGE hovers around the $0.35 mark in 2025, speculation is growing on whether the meme coin could revisit its past success.

The 2021 spike sent Dogecoin’s price from a mere $0.006 to $0.73 in just 98 days. This explosive growth caught the attention of both investors and the media. Analysts forecast that Dogecoin could be on the brink of another move after similar market conditions emerge in 2025.

$DOGE is currently holding steady above critical support levels, signaling potential for an upward surge. Technical analysis shows a consolidation phase, which mirrors that of 2020, before the massive 2021 breakout. If this pattern repeats, $DOGE could be preparing for another dramatic price increase.

Key resistance for $DOGE remains at its all time high price of $0.73, a level it reached during its previous rally. If this resistance is broken, the price could soar to a new high. Analysts are keeping a close eye on this price action, which could indicate the start of another bull run.

The formation of a “Bull Flag” on the charts suggests a buildup before a breakout. This pattern typically marks a consolidation after a significant price movement, which often precedes a sharp rally. Traders are anticipating a similar surge as seen in the previous cycle.

Dogecoin is showing clear signs of strong support at the $0.35 level, which could propel its price upwards. As Bitcoin and other major cryptocurrencies continue to rise, $DOGE may follow the trend. Market sentiment is positive, which could lead to a substantial breakout.

A potential $1 price target for Dogecoin in 2025 seems increasingly realistic. The coin has demonstrated its ability to deliver rapid gains, and the current market setup suggests another opportunity for significant returns. As the market continues to grow, $DOGE’s next move could mirror past success.

The next few weeks will be critical for $DOGE. A breakout above key resistance levels could trigger a new surge. Investors should remain vigilant and ready to act if the technical setup aligns with a breakout.

Dogecoin’s future remains uncertain, but its potential for explosive growth is undeniable. Traders are closely monitoring the coin’s movements as the 2025 market unfolds. If the pattern of 2020-2021 holds, another massive surge could be imminent.

Dogecoin (DOGE) Poised for a Major Rally: Analysts Target $0.50 Amid Rising Momentum

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  • Whales Accumulate 590M DOGE in 24 Hours, Indicating Strong Investor Confidence
  • Dogecoin ETF Filings Spark Optimism, Potential Regulatory Approval in 75 Days
  • Elon Musk’s Remarks and Technical Breakout Signal Bullish Momentum for DOGE

Dogecoin (DOGE) has witnessed significant bullish momentum in recent days, driven by whale activity, ETF developments, and renewed investor confidence. The meme coin has surged over 8% in the past 24 hours, supported by key market catalysts. Analysts predict a potential rally to $0.50 and beyond as DOGE gains traction among institutional and retail investors.

Whale Activity Indicates Growing Confidence

Ali Martinez, a noted crypto analyst, highlights strong buying pressure from whales, signaling optimism for Dogecoin’s price. Over the past 24 hours, whales have accumulated 590 million DOGE. This surge in accumulation reflects growing confidence among large investors despite short-term volatility.

Martinez also notes a technical breakout on DOGE’s 12-hour chart. The post-retest reversal signals a potential 42.75% upside, targeting $0.50. 

Supporting this bullish outlook, Rose Premium Signals observes that DOGE has broken out of a falling wedge pattern and retested successfully. Key targets include $0.48656, $0.57395, and $0.66554, indicating strong upward momentum.

ETF Filings Boost Market Sentiment

The possibility of a Dogecoin ETF has further bolstered market enthusiasm. Eric Balchunas, a Bloomberg ETF analyst, anticipates Dogecoin ETF filings could gain regulatory approval within 75 days. Notably, REX Shares and Osprey have filed applications with the SEC for DOGE, XRP, SOL, and BONK ETFs.

If approved, the Dogecoin ETF would mark a major milestone, positioning the meme coin alongside established assets like XRP and Litecoin. These developments are expected to attract institutional investors, potentially driving higher adoption and price appreciation.

Elon Musk’s Comments Revive Optimism

Elon Musk’s recent remarks have also played a pivotal role in Dogecoin’s rally. Musk dismissed concerns regarding lawsuits involving the Department of Government Efficiency (D.O.G.E.), boosting market sentiment. Furthermore, his lighthearted comments about taking “DOGE to Mars” have reignited investor enthusiasm.

Interestingly, the D.O.G.E. department’s logo featuring the Dogecoin symbol has added to the meme coin’s hype. This unexpected connection has fueled market speculation about Dogecoin’s potential use cases, contributing to its rising popularity.

Strong Technical and Fundamental Backing

DOGE’s live price stands at $0.364841, with a 24-hour trading volume of $8.34 billion, up 5.84%. Analysts forecast continued gains, driven by whale accumulation, ETF optimism, and Musk’s influence.

Dogecoin Surges 63% In Whale Activity, Signaling Potential $0.150 Breakout

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Dogecoin (DOGE) has broken through a major resistance at $0.111 with over 62k addresses holding above 36 billion DOGE in their wallets. In a recent X post, Ali has pointed out that if this level is maintained, Dogecoin could be on the cusp of a bullish breakout which may present a target of $0.150. With no major supply barriers in the near future, the way up seems brighter and brighter for the popular meme cryptocurrency.

Among the factors that contributed to the positive sentiment concerning token is the increase in whale movement. Whales have been on the move, and in the last 24 hours, large transactions went up by 63% with approximately 65.41 billion DOGE being moved around. 

DOGE Whale Influence Grows

These whales hold 41% of the whole Dogecoin community hence they are capable of making substantial fluctuations in the market. Previously, such a high level of activity of whales is usually followed by significant price changes which may indicate new fluctuations in the market.

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Source: IntoTheBlock

Larger volume position of the whales might imply that the market change may be near as these big market participants usually enter before a significant change in price. These investors then initiate similar actions in the market, which can result in further price changes in the cryptocurrency.

In the same way, there has been active whale activity, and social volume has also picked up in Dogecoin meaning that more and more people are taking interest in this digital asset. Social volume captures the number of times that people are talking about coin on social media. 

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Source: Santiment

DOGE Social Engagement

These conversations have picked up over the last three days, which indicate that there is increasing engagement from other parts of the market. Higher social volume definitely brings in new buyers and in turn, the demand for the asset increases.

However, there are still some concerns, though the signals are more bullish. A key indicator used for identifying market momentum is the stochastic RSI and it has recently broken below a bearish crossover. 

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This implies that before any significant price rise Dogecoin would undergo some short term volatility corrections. These corrections are usually seen in crypto markets before the resume of the previous trend.

Despite the increased whale activity and rising social engagement, the bearish crossover suggests that the market may still experience minor corrections. People should not be worried by the short-term fluctuations, but should expect the values to rise in the near future.

Analyst Forecasts Dogecoin Bull Run After 3 Months; Eyes 4x Surge To $10

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The popular crypto analyst Trader Tardigrade recently shared some in-depth analysis on the waves of Dogecoin price dynamics. With a great eye on market cycles, Tardigrade brought to the fore an interesting pattern that DOGE has been in and out of for a 36-40-month period before eventually going back to its previous ATHs.

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Notably, in September 2024, Dogecoin marks 40 months since its last all-time high, which could also suggest a rise in bullish momentum. Comparing the historical setups with the previous cycles, Tardigrade expects a solid Bull Run period over the next three months for Dogecoin.

On the other side of the chart, reflecting on DOGE’s journey, its peak was marked by a record-high price of $0.7316 reached on May 8, 2021, a testament to its resiliency in the crypto sphere that remains. Presently, the current valuation pins a decline of 80.26% from this ATH, which underscores the ongoing evolution across the markets.

Dogecoin now trades at $0.145789, with a 24-hour trading volume of $58.89 billion and a market capitalization of $21.06 billion. Despite a decrease of 8.99% over the last 24 hours, DOGE remains one of the most prominent players in the cryptocurrency market.

DOGEUSDT 2024 06 08 18 57 16
Analyst Forecasts Dogecoin Bull Run After 3 Months; Eyes 4x Surge To $10 18

Although the general market sentiment could be leaning bearish on Dogecoin in the short term, it is important to note that this is closely linked to the retracement in price that Bitcoin has recently experienced from its pivotal support level of $70K. And so, despite these fluctuations, the crypto community steadfastly waited for what Dogecoin would do.

Analyst Predicts 4x Surge to $10 For Dogecoin

Despite a recent dip in its price, DOGE is set for a huge bull run. With the altseason just around the corner, DOGE is set to scale unchartered territories. This momentary correction has not impacted the value of DOGE or its strength to break market expectations.

In a recent analysis, a well-known crypto analyst, JAVON MARKS, shared a highly optimistic outlook for Dogecoin (DOGE), suggesting that the popular cryptocurrency could be on the verge of a substantial price surge. According to the analyst, Dogecoin’s price trajectory indicates a potential rise of more than 4x from its current levels, potentially reaching $10 or higher.

The analysis is based on observing a breakout trend that has historically led to significant price increases. Dogecoin’s highest recorded price was $0.7316 on May 8, 2021. Compared to this peak, DOGE’s current price is approximately 77.84% lower. However, the analyst believes the recent breakout pattern is reminiscent of previous rallies, each larger than the last.

Related Reading |  Injective (INJ) Defies Trends: Bulls Eye New All-Time Highs Amid Market Dip