The post Dogecoin To Reach $2.7 By December? Market Expert Lays Out Potential Path For DOGE appeared on BitcoinEthereumNews.com.

Dogecoin, the largest meme coin, continues to attract a series of bold predictions from several market experts about its potential in the short and long term following its recent price increase in the past few days, triggered by a broader positive sentiment in the general crypto market. Short-Term Rally Target For Dogecoin Set At $2.7 In an audacious prognosis, Master Kenobi, a crypto expert and trader, has pointed out an insightful potential scenario for Dogecoin that could send the dog-themed meme coin to unprecedented heights in the short term. Kenobi took to the social media platform X (formerly Twitter) to share the bold prediction, triggering a wave of optimism in the DOGE community. Specifically, the expert is confident that DOGE could hit $2.7 by December, suggesting a bullish breakout in the upcoming days. His bold prediction about DOGE reaching a new all-time high is based on past cycle trends, which preceded massive rallies over time, along with its current price performances. According to Master Kenobi, DOGE continues to move in the same direction as the last cycle, which began the last bull run with four green weeks followed by two red weeks. However, the close of the week will determine whether the pattern will persist, validating another major move on the upside. Dogecoin gearing up for this cycle’s bull run | Source: Master Kenobi on X Should this scenario from the previous cycle repeat itself, Kenobi claims Dogecoin might hit the green line indicated in his chart, which is positioned at roughly $0.39 in about two weeks, particularly on October 28. He further added that after an additional five weeks, around December 1, the meme coin might approach the orange line, which is set at $2.7. “I know it sounds incredible, but nothing stops me from imagining, if it happens,…

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Filed under: News - @ October 17, 2024 2:23 am