The post Dogecoin Price Set To Reach $1 As Once In A Year Buy Opportunity Returns appeared on BitcoinEthereumNews.com.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto analyst Investing Scope has predicted that the Dogecoin price is set to reach the much-anticipated $1 level. The analyst also suggested that now is a great time to accumulate the foremost meme coin as a once-in-a-year buy opportunity returns.  Dogecoin Coin Eyes Rally To $1 As Buy Opportunity Returns The Dogecoin price is eyeing a rally to $1 as a buy opportunity returns. In a TradingView post, Investing Scope mentioned this $1 target while revealing that this once-in-a-year buy opportunity is aiming for the 1.618 Fibonacci extension on the higher high trendline. His accompanying chart showed that the projected rally for DOGE is already in play and that a deeper correction is unlikely.  Commenting on the current Dogecoin price action, the analyst stated that DOGE is neutral on its 1-day technical outlook. He added that the foremost meme coin is recovering from its prior oversold state and testing the 1-week MA50 for the first time in three weeks.  Source: Investing Scope on Tradingview This current rebound is said to have been made after the Dogecoin price touched the 1-week MA200, which the analyst claimed is the new long-term bottom, similar to August 5th, 2024, and October 9th, 2023.  Crypto analyst Master Kenobi also recently predicted that the Dogecoin price could reach $1 by June later this year. The analyst revealed that DOGE is mirroring a bullish pattern from the 2017 bull run, which is why he believes that the foremost meme coin could reach this price target. This projected rally to $1 will represent the second phase of Dogecoin’s bull run, just the same way there were two equal pumps in the 2017 market cycle.  Key Levels To Watch For DOGE In an X post, crypto…

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Filed under: News - @ March 28, 2025 2:27 pm