Price: $0.38174 -3.2174%
Market Cap: 56.03B 1.8873%
Volume (24h): 24.69B 0.4%
Dominance: 1.8873%
Price: $0.38174 -3.2174%
Market Cap: 56.03B 1.8873%
Volume (24h): 24.69B 0.4%
Dominance: 1.8873% 1.8873%
  • Price: $0.38174 -3.2174%
  • Market Cap: 56.03B 1.8873%
  • Volume (24h): 24.69B 0.4%
  • Dominance: 1.8873% 1.8873%
  • Price: $0.38174 -3.2174%
Home > Information news > DOGE Could Surge to $7: Expert Predicts Major Rally as Dogecoin Whale Activity and Optimism Increase – Is This the End of Zero After the Com...

DOGE Could Surge to $7: Expert Predicts Major Rally as Dogecoin Whale Activity and Optimism Increase – Is This the End of Zero After the Com...

Release: 2024/08/25 04:44 Reading: 474

Original author:Crypto News Flash

Original source:https://coinmarketcap.com/community/articles/66ca404d90152c55aefb6222

DOGE Could Surge to $7: Expert Predicts Major Rally as Dogecoin Whale Activity and Optimism Increase – Is This the End of Zero After the Com...

Dogecoin (DOGE) Price Predictions Surge, Aiming for New Highs

Dogecoin (DOGE) has sparked bullish sentiment among analysts, with predictions ranging from $10 to $50 in the upcoming bullish cycle.

Technical Analysis

  • Crypto trader Dimaports36 sees DOGE potentially reaching $10, with further upside potential towards $36.
  • Popular analyst Masked Trader anticipates a massive move for DOGE, targeting $20-$50 if it breaks above $1.

Pattern Recognition

  • Analyst "Master Knobi" suggests that DOGE may follow a four-year pattern coinciding with Bitcoin halvings, potentially eliminating the zero after the decimal point and hitting $6.9.

Whale Activity

  • Whale activity remains strong, with a 50% surge in investors holding over 10 billion DOGE in the past month.
  • Large addresses purchased over 160 million DOGE in 48 hours, pushing collective holdings to a peak of 10.5 billion DOGE tokens.

Other Predictions

  • Crypto analyst Javon Marks predicts a breakout based on the Relative Strength Index (RSI), targeting a potential price of $0.6533.
  • Analyst Cryptorphic previously reported a similar prediction through CNF.

Conclusion

Dogecoin's recent price surge and high whale activity suggest a continuation of its bullish trend. Analysts anticipate significant gains in the upcoming cycle, with some predicting potential elimination of the zero after the decimal point.

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