Dogecoin$DOGE is currently trading in an ascending price channel. This channel has two key boundaries: the middle and upper boundary, which can act as resistance levels as the price moves higher.

Martinez noted that if Dogecoin’s price tests the middle boundary, it could reach around $2.40. However, if the price rises even higher, to the upper boundary of the channel, it could theoretically reach $18.

From Dogecoin’s current price of $0.3962, the meme coin would need to grow by 506% to reach the lower boundary of this target. However, if the upper boundary is taken, it would mean a 4443% increase from the current value.$ADA $SUI