CandleFocus

Seasoned Analyst Says Dogecoin to Surge 7,961% to $23.25

Dogecoin (DOGE) has experienced a significant surge in price, almost hitting the $0.30 mark. It has also surpassed XRP and the USDC stablecoin to become the sixth-largest cryptocurrency by market cap. Analysts believe that Dogecoin has not reached its full potential and could see a parabolic run, potentially reaching a price range between $3.95 and $23.25. Historical patterns and Fibonacci retracement levels support this optimistic outlook, with previous breakouts leading to massive price increases. Reaching the lower target of $3.95 would represent a 1,269% increase from current levels, while the upper target of $23.25 would require a 7,961% gain.

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