CandleFocus Dogecoin Price Completes First Bull Phase Similar To 2021, Here’s What Comes Next
2024-11-30
Author: Content Editor
Crypto analyst KrissPax believes that Dogecoin has completed the first part of its bull phase, similar to previous bull runs in 2021 and 2017. KrissPax predicts that Dogecoin could have two more up-phases before reaching its price peak in this market cycle. The analyst expects the price to reach $1 in the next up-phase, followed by a potential rally to $3. However, another analyst, Ali Martinez, suggests that Dogecoin may experience a brief correction before continuing its bull rally. Other analysts, such as Kevin Capital and Master Kenobi, also anticipate a further increase in the Dogecoin price. Kevin Capital believes that Dogecoin has consolidated and reset key indicators, indicating it could move higher soon. Master Kenobi suggests that the next leg up for Dogecoin will occur unexpectedly but will happen quickly. CoinMarketCap data shows that at the time of writing, Dogecoin is trading at around $0.42, up over 5% in the last 24 hours.
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