CandleFocus Dogecoin ($DOGE) Price Could Soar 1,300% to $1.6, Crypto Analyst Predicts
2024-10-02
Author: Content Editor
A prominent cryptocurrency analyst believes that the price of Dogecoin could surge over 1,000% to reach $1.6 in the future. The analyst points to a Falling Wedge pattern on Dogecoin's monthly chart, which has been seen in previous cycles and has resulted in significant price surges. Additionally, DOGE whales have recently accumulated over 1.4 billion tokens, adding more than $140 million to their wallets. This news follows earlier statements from Elon Musk, who expressed a fondness for Dogecoin.
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