16,000 DOGE Pump Grows Closer as Analysts Set Short-Term Trend Targets and Await the $10 Dogecoin ATH Price

Bitcoin Remains Stable, Alts Begin Their Surge

Bitcoin (BTC) continues to hold strong above $67,000, approaching a crucial juncture where the upcoming weekly close could determine a breakout from the 7-month resistance. A successful突破 would likely trigger the bullish Q4 that many analysts anticipate, leading to substantial gains across the cryptocurrency market.

With Bitcoin's optimistic Q4 outlook and even higher expectations for Q1, the advent of altseason appears imminent. Numerous altcoins are poised for significant bullish moves, potentially setting new all-time highs (ATHs) as they follow Bitcoin's lead. Predictions for BTC's ATH in this cycle range between $250,000 and $550,000, with massive gains expected if altcoins follow suit.

Bitcoin Weekly Close Could Unleash Altseason Pump

Several altcoins are already exhibiting bullish activity on their price charts. Coins like SUI and FET have been steadily rising, while XRP, VET, SHIB, and ADA are signaling potential bullish movements. Dogecoin (DOGE) is also gaining attention with its own bullish indicators.

One analyst believes that DOGE's price is poised for a surge, with a potential breakout target of $0.22. He also suggests that $0.60 remains a larger target, representing a gain of over +360%.

$10 DOGE ATH Price Target Gains Momentum

For the long term, $10 stands as the most predicted target among analysts for DOGE's price during the ongoing crypto bull cycle. Analysts have noticed similarities between the current and previous cycles, suggesting potential for a parabolic breakout. Once a weekly candle closes above the $0.18 level, massive upward moves are expected, followed by pullbacks similar to those seen in previous cycles. The analyst concludes that Dogecoin could experience a similar 16,000% surge as in the previous cycle after closing above the $0.18 line.