Dogecoin Price Hits Local Bottom; Can It Run 100% Again?

Dogecoin has reached a local low, according to crypto analyst Trader. He also predicted a 100% price surge for the leading meme currency.

Local Bottom for Dogecoin

Trader Tardigrade posted on X that Dogecoin has reached a local low. He added that Dogecoin trades sideways for a week after a DOGE MACD bearish cross before initiating another bull run.

Trader Tardigrade predicts another move higher for DOGE in a week after the bearish cross. The analyst's graphic suggested Dogecoin might climb 100% to $0.28 from its present price.

The graphic shows how Dogecoin made local bottoms and then rose again since September's bull run. DOGE has outperformed the top 100 cryptos by market value by nearly 53% since September. Crypto expert Master Kenobi, who correctly forecast the start of the Dogecoin bull run, recently claimed that the meme currency was ready for the next stage.

After retesting earlier resistance levels and confirming them as support, X said that it was good to see Dogecoin back over $0.16.

After Dogecoin achieves $0.23, Master Kenobi said to wait for $0.33 and $0.73, its all-time high. The expert predicted a parabolic surge for DOGE when the meme currency reached $0.73.

Self-proclaimed DOGE chief analyst on X Kevin Capital said Dogecoin is nearing a daily and weekly golden cross. This occurred before a Donald Trump win and Elon Musk's Department of Government Efficiency, according to the expert.

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