Dogecoin (DOGE) is looking good right now! Analysts are saying it’s about to experience a “golden cross” which could mean a huge price jump.
What’s a Golden Cross?
A golden cross happens when the 50-day moving average (MA) crosses above the 200-day MA. This is a signal that the market is strong and could be heading for a bull run.
Why is Everyone Excited About Dogecoin?
Dogecoin hasn’t been doing as well as other meme coins like Pepe (PEPE) lately, but analysts are confident it’s going to catch up.
- Crypto Kaleo thinks DOGE might drop a bit more before it explodes, but he’s still bullish and says it’s just a matter of time before it hits $1.
- Javon Marks
also sees a big rally coming for DOGE, potentially all the way to $0.6533, and maybe even $1.25!
Could Dogecoin Drop Even More?
Some analysts think DOGE could drop to $0.08 before it goes up, but others disagree, saying that’s too low.
Patience is Key
Even though everyone is excited about DOGE, analysts are saying to be patient. The golden cross is coming, but it might take a little longer than we’d like.
