Don't sell your Dogecoin just yet: Traders predict Dogecoin's price will reach double digits, while the $0.125 competitor is expected to hit $12.50

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Dogecoin (DOGE) continues to capture the attention of the cryptocurrency world with its unprecedented price momentum. The current trading price of Dogecoin is $0.4204, having surged an astounding 179% over the past 30 days, bringing substantial returns to its holders. An experienced trader predicts that this meme coin's price will reach double digits, advising investors not to sell Dogecoin immediately while considering other options. Additionally, the emerging altcoin Rexas Finance (RXS), valued at $0.125, has also become a strong competitor, with expectations for its price to rapidly rise to $12.50.

Traders predict Dogecoin's price will reach between $10 and $30 this cycle

Notable crypto community member Trader Tardigrade has conducted an insightful price trajectory study on Dogecoin on X (formerly Twitter). He claims that during the current bull market cycle, Dogecoin could reach double digits, with profit-taking ranges between $10 and $30. This prediction is rooted in the historical price trends of the token, especially during the bull market of 2021. By analyzing Dogecoin's movement from the cycle low to previous all-time highs (ATH), Tardigrade's approach suggests that Dogecoin will not only return to its ATH but will also quadruple during the rebound period of 2021, forming a triangle that outlines its profit-taking area.

Based on these trends, the trader suggests that Dogecoin will follow a similar path, soaring from the current $0.4204 to at least $10, with the potential to reach highs of $30.

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