CandleFocus

Is $1 DOGE Possible? Top Trader Issues Bull Signal for Dogecoin

According to a trader named "DonAlt," the price of Dogecoin (DOGE) has risen by almost 140% since November, reaching a level not seen since November 2021. Despite this impressive performance, the trader believes that DOGE still looks good and could experience further price growth, referring to it as a "second leg" in trader slang. If this forecast is correct, it is possible that DOGE could reach a new all-time high. Currently, DOGE's price peaks at $0.74, and it would need to increase by 89% to reach its previous all-time high. The main question is whether DOGE can reach the coveted $1 mark, as this would require it to become significantly more expensive.

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