The post Dogecoin Price Can Still Reach $1, But It May Not Be Soon, Analyst Explains Why appeared on BitcoinEthereumNews.com.

Crypto analyst XForce has assured that the Dogecoin price can still reach the psychological $1 level. However, he suggested it may not happen soon, as he alluded to technicals that indicate a single pathway for the meme coin to reach this level.  Dogecoin Price Can Reach $1 In The Coming Years In an X post, XForce stated that the Dogecoin price still has the potential to record a 10x move in the coming years, potentially reaching $1 from its current level. He further noted that the idea is narrowed to a single primary bullish pathway, in which Wave 4 for DOGE is a potential triangle.  His accompanying chart showed that the Dogecoin price could rally to as high as $1.3 on Wave 5, a move which could play out by 2028 based on the technical setup. This notably coincides with a period that analysts such as Benjamin Cowen have predicted could be the peak of the next bull run. Meanwhile, the chart also showed that a drop below $0.05 could invalidate this setup for DOGE.  For now, XForce noted that the Dogecoin price continues to hold above the major low and could be the latest remaining meme coin to go on a major run. DOGE is notably back above the psychological $0.10 level, following the recent crypto market rally, led by Bitcoin. However, activity in the derivatives market suggests that traders are still bearish on the meme coin.  CoinGlass data shows that the long/short ratio is below 1, indicating that most traders are bearish. Derivatives trading volume has dropped by over 13%, and open interest is down by over 12%. However, the options trading volume is up by over 32%, and options open interest is up by 72%.  A Rally To $5 Could Be On The Cards Crypto analyst Bitcoinsensus…

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Filed under: News - @ February 16, 2026 9:25 pm