Crypto analyst Javon Marks predicts a whopping 404% price increase for Dogecoin (DOGE), with a target of $0.6533. This surge could happen sooner than expected.
Reasons for the Breakout
Marks believes that Dogecoin’s price action suggests an imminent breakout. The move to $0.6533 would mark a yearly high for the meme coin and could signal the start of a long-awaited rally.
Potential for Further Gains
Marks also predicts that Dogecoin could rise even higher after hitting the $0.6533 target. He believes that DOGE could reach $17 in this bull market, based on its historical trend of topping previous bull runs.
Timeline for Price Targets
Analyst Big Mike predicts that Dogecoin could hit $0.6 by the end of the year, using the Elliot Wave Theory. Trader Tardigrade suggests a short-term rise to around $0.15.
Bullish Indicators
Analyst Kevin has observed a weekly buy signal for Dogecoin, the first since it was at $0.05. DOGE is also close to forming its first weekly golden cross in four years, which is a bullish sign.
