Past Performances Say Dogecoin Price Could Blast 200% To Clear $0.73 ATH Soon
The post Past Performances Say Dogecoin Price Could Blast 200% To Clear $0.73 ATH Soon appeared on BitcoinEthereumNews.com.
The Dogecoin price could be getting ready for a fresh bullish wave as a crypto analyst projects a surge to new all-time highs. The analyst cites past performances as a reason for this bullish projection, highlighting the Dogecoin price action from previous bull cycles. Dogecoin Price Past Performance To Push It Above $0.73 Crypto analyst Javon Marks took to X (formerly Twitter) on February 22 to share a bullish prediction of the Dogecoin price. The analyst highlighted past bull market performances to support his forecast, predicting that DOGE could soon rally above its current all-time high of $0.73905. In his chart, Marks revealed Dogecoin’s price action during the 2016/2017 bull run and the 2020/2021 bull market. In both cycles, DOGE seemingly experienced a rapid price crash, following a descending price channel. However, after a long period of consolidation, it recorded a massive price rally that triggered an ATH breakout to $0.00232 in 2018. During the 2021 bull market, the meme coin experienced its famous breakout that turned many long-term investors into millionaires. The price also recorded a significant rally after undergoing a seemingly stagnant price action. At the time, the historic rally catapulted Dogecoin to its current ATH of $0.73905. Past trends hints at a move to recent all-time high | Source: Javon Marks on X Based on these past bullish trends, Marks believes that Dogecoin may be mirroring a similar price action. The top meme coin has recently experienced a drop to new lows and has been in consolidation for weeks. By the end of this bearish trend and consolidation period, Marks suggests that Dogecoin could initiate its next bullish wave, potentially skyrocketing above its current ATH. The analyst projects that a nearly 200% bullish move to a fresh ATH may be on the horizon for Dogecoin should its…
Filed under: News - @ February 24, 2025 10:21 pm