How High Can $DOGE Go?
Dogecoin has surged another 27% this week, hitting a new yearly high of $0.48 on Nov. 23.
The memecoin’s monthly gains are impressive, totaling 236%, and it remains the third most-traded cryptocurrency based on 24-hour trading volume, with $19.5 billion.
With the market speculating a retest of its all-time high (ATH) of $0.73 in the coming days, several analysts have suggested higher targets for 2025.
Dogecoin at $1 is “Inevitable”
Dogecoin has demonstrated a solid breakout above its recent high of $0.43 on the 4-hour chart, with the relative strength index (RSI) and 50-day exponential moving average (EMA) acting as support during its sideways consolidation at higher highs.
With a move above previous highs confirmed, independent analyst Javon Marks mentioned that a new potential 52.2% upside “could be just around the corner.”
Marks noted that the immediate target range for Dogecoin currently lies between $0.65 and $1.25.