Crypto analyst Javon Marks believes that Dogecoin (DOGE) is primed for a significant rally. Marks suggests that DOGE could experience a 536% increase from its current price of $0.36, reaching at least $2.29. This prediction is based on Marks' analysis of DOGE's performance in previous bull markets, where it typically experienced two phases of rallies punctuated by a drop before a recovery. Marks points out that DOGE has previously surpassed the 1.618 Fibonacci extension level in bull cycles, and the current market cycle aligns this level with a price of $2.29. The recent spotlight on DOGE by the Elon Musk-led U.S. government initiative, the Department of Government Efficiency (DOGE), could also serve as a catalyst for the potential rally.



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