A crypto analyst has predicted a significant price surge for Dogecoin (DOGE), forecasting that it could reach $24 in the near future. Despite Dogecoin currently trading below $1, the analyst remains confident in this projection and believes it would surprise skeptics. While Dogecoin has experienced price declines and struggles to break resistance levels, its top competitor, Shiba Inu (SHIB), has seen impressive gains. However, the analyst sees potential for Dogecoin based on historical price movements and conditions, suggesting a bull rally may be imminent. Achieving a $24 price would require an 18,362% surge and a market capitalization surpassing Bitcoin's. As of now, Dogecoin's price has decreased in the past week, but its open interest and trading volume have seen fluctuations.



Other News from Today