DOGE Price to $10: Analyst Dismisses 46% Pullback
The post DOGE Price to $10: Analyst Dismisses 46% Pullback appeared on BitcoinEthereumNews.com.
Dogecoin fell by 46% from its yearly high during a recent pullback. Analyst predicts DOGE will reach $10 between February 11 and May 7, 2025. DOGE surged 33% in less than 24 hours to recover from a recent crash. Despite a 46% drop from its yearly high, the Dogecoin (DOGE) price to $10 remains a realistic target, according to one crypto analyst The recent market pullback might have shaken some investors, but this expert remains unfazed. He predicts a swift recovery for DOGE, followed by a continued upward trajectory to the ambitious $10 mark in the coming months. His bullish outlook draws on historical patterns within the crypto market, particularly the relationship between Bitcoin and Dogecoin’s cycles. $DOGE $10+ DOGECOIN?! 🚀🚀 In this daily chart of Dogecoin, I’m going to explain when we can expect the final peak of this cycle using historical data. As mentioned in my previous posts, year 4 is typically the final year of each cycle, and that is when Dogecoin has peaked every… pic.twitter.com/8czV4Xu61q — Ðima James Potts (@DimaPotts36) December 21, 2024 DOGE’s price fell to $0.2615 on December 20 before bouncing back sharply, supporting the analyst’s prediction of the meme coin’s bullish outlook. The analyst used Dogecoin’s daily chart pattern to analyze the meme coin’s price trend. He predicted that DOGE will achieve the $10 target between February 11 and May 7, 2025. According to the analyst, a consistent pattern in the relationship between Bitcoin and DOGE influenced his time-based prediction for the latter. He explained that the fourth year is the final year of each cycle and represents Dogecoin’s peak period. Further, the analyst noted that DOGE’s price reaches its cycle peak within three to four weeks after Bitcoin’s highest price during a bull cycle. Therefore, using a specific indicator, he showed Bitcoin…
Filed under: News - @ December 21, 2024 6:23 pm