The post Here Are Projected Timelines for Dogecoin to Hit $10 appeared on BitcoinEthereumNews.com.

Despite Dogecoin’s slow performance recently, top experts still think the asset would surge by 2,233% to $10.  Following its remarkable rally in early November, Dogecoin (DOGE) has been hovering around the $0.4 price mark over the past week. Since the rally, Dogecoin has not registered any significant upward movement, as it keeps fluctuating around 40 cents.  Despite this, market observers have remained confident about DOGE’s potential, with some predicting an incredible rally exceeding $10. Hitting a target of $10 requires Dogecoin’s price to rise by 2,233% from its current value of $0.4285.  Fresh Forecasts for DOGE to Hit $10  Notably, prominent crypto analyst Dima James Potts recently forecasted that Dogecoin would exceed $10 this bull cycle. In a recent tweet, James highlighted a historical pattern observed in Dogecoin’s weekly chart.  Referencing a red line on the accompanying chart, James noted that this indicator usually aligns with Dogecoin’s peak price in each market cycle. According to the expert, the red line for the ongoing cycle reflects a target of $24 for Dogecoin by 2025, with the price expected to increase over time.  The expert forecasted that if the pattern repeats itself, Dogecoin’s price might exceed $10 before the end of this cycle.  $DOGE $10+ DOGECOIN?!🚀🚀 This weekly chart for #DOGECOIN illustrates a consistent pattern where the red line predicts the peak of each cycle. Additionally, the highest point of the candle’s wick reaches the next higher line from the red one, pinpointing the exact cycle’s top.… pic.twitter.com/6OHbyW9b3b — Ðima James Potts (@DimaPotts36) November 27, 2024 In addition, pseudonymous crypto analyst Gladiator suggested that Dogecoin’s current price movements mirror those witnessed in the previous bull cycle.  Based on the similarities, the analyst predicted that Dogecoin would embark on a parabolic run starting next year. They noted that this rally could see DOGE…

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Filed under: News - @ December 2, 2024 4:22 pm