Crypto Universe analyst predicted that Dogecoin price You will enjoy gains of over 100% as it rises to $0.37. while Prediction It certainly seems possible, and the timeline within which he said this would happen is what caught the attention of the cryptocurrency community.
When will Dogecoin price reach $0.37?
Crypto Universe mentioned in X’s post that Dogecoin price It will reach $0.37 in the next two weeks, up more than 100% from its current price. This price rise will be a huge boost for DOGE, as it will mark a new yearly high for the first meme coin and could pave the way for a launch to… current ath From $0.73.
In response to some of its followers, Crypto Universe also provided insights into how the price of Dogecoin could reach a new ATH. First it is male There was no point in selling the meme when it reached $0.37, because that was an “early” sell. He imagines prices falling thanks November 5 US elections.
Once the price retest is completed, the analyst expects that… Dogecoin price It will rise to $1 after that, representing a new ATH for the first memecoin. Crypto Universe does not believe that $1 will be the highest market price for DOGE, adding that Dogecoin could reach $4.2.
The rise to $4.2 for Dogecoin from its current price represents an increase of approximately 2,900%. It can be said that this is an ambitious goal. However, Dogecoin investors are once again optimistic about DOGE’s potential, especially with the world’s richest man, Elon Musk, returning to… The shilling is the currency above all.
Dogecoin was one of the biggest gainers among the top 100 coins by market cap last week, with a price increase of more than 30%. Last week’s price spike was thanks in large part to Musk, who drew attention to the coin meme with mentions of “DOGE,” including at a Pennsylvania City Council meeting.
DOGE is ready for take off
Self-proclaimed “Lead Analyst of Dogecoin on X”, Kevin Capitalshown in Share X That Dogecoin price was ready to take off to the moon. He revealed that the two-week fund flow on DOGE crossed the green for only the third time in history. According to him, the last two times this happened were in March 2021 and November 2017.
These periods represented the final stages of the last two periods Bull Dogecoin Courses The meme currency reached new highs after that period. In 2021, Dogecoin price rose in March 2021 to reach the current ATH price of $0.73 in May 2021.
At the time of writing, Dogecoin is trading at around $0.148, up nearly 5% in the past 24 hours, according to Data From Coin Market Cap.
Featured image created with Dall.E, chart from Tradingview.com
Comments are closed, but trackbacks and pingbacks are open.