$10 DOGE Cycle Top Prediction Gains Momentum as Dogecoin Price Movements Indicate $2.7 ATH in December

Dogecoin Chart Indicates Strong Bullish Momentum

October 16, 2024, at 02:40 PM GST
Updated: October 16, 2024, at 11:07 AM

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Dogecoin's (DOGE) price chart exhibits a striking resemblance to its previous cycle. This pattern suggests a potential $10 all-time high (ATH) for DOGE during the current bull run. If the bullish momentum continues, DOGE could reach an ATH of $2.7 by December.

With Bitcoin (BTC) surging past $67,000, the sentiment for altcoins to achieve new heights has intensified. The fourth quarter (Q4) is anticipated to drive Bitcoin prices towards new ATHs, while the first quarter (Q1) of 2025 is expected to usher in the long-awaited altseason, propelling many altcoins to parabolic ATHs.

While altcoins such as SUI and FET have already experienced significant gains, others are forming bullish indicators on their price charts. From cup and handle formations (like JASMY) to golden crosses (like XRP), a substantial number of altcoins are likely to set new ATHs during the impending altseason.

DOGE Chart Supports $10 ATH

Dogecoin (DOGE), the pioneer crypto memecoin, has commanded attention during this bull run. Known for its popularity due to Elon Musk's affinity, DOGE is projected to establish a notably high ATH this bull cycle. One analyst specifically predicts a $10 high for DOGE, a price target that is far from implausible.

DOGE Could Hit $2.7 ATH by December

Another analyst observes a similar pattern with DOGE, coinciding with its previous cycle. The analyst notes that the price surge commenced with four green weeks followed by two red weeks.

If this pattern continues, DOGE is projected to reach the green line (approximately $0.39) around October 28th and the orange line (approximately $2.7) around December 1st.

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