CandleFocus Dogecoin to $37: Top Analysts Issue Bold Timeline
2024-12-25
Author: Content Editor
Dogecoin (DOGE) has experienced a resurgence, leading analysts to speculate on when it could reach a new all-time high. The cryptocurrency is currently trading up by 3% and has rebounded by 25.4% from its recent low. Analyst Tardigrade suggests that Dogecoin is following the "Power of Three (PO3)" pattern, with accumulation, manipulation, and distribution phases. If the pattern continues, Dogecoin could see a strong upward trend, potentially reaching prices beyond $1. Some analysts have even speculated on prices as high as $30 for Dogecoin, although this is highly speculative. Critics caution against setting lofty targets and advise taking profits along the way.
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