Dogecoin Price Will Reach $1 As Bullish Pennant Forms
Trader Tardigrade said on X that Dogecoin would reach $0.9 once another bull pennant develops. The expert said the last pennant brought Dogecoin from $0.2 to $0.3, while this one wants to take it to $0.9. This bullish pennant suggests DOGE may rise after consolidating.
Also, Trader Tardigrade said that Dogecoin has broken out of a bull pennant on the monthly chart. Dogecoin may peak around $15 in 2025 after the breakthrough, according to the researcher. He recently suggested a DOGE price surge to $30 if it mimics the 2021 bull run.
However, crypto researcher Kevin Capital predicts that Dogecoin may stabilize and correct for two more weeks. He said Dogecoin should aim for the golden pocket retrace level of $0.26–$0.30. A bull market's optimal magnitude correction is 30% to 40% from the local peak, he said.
Like Trader Tardigrade, Kevin is bullish long-term. The expert expected a $1–$2 Dogecoin price by year-end. Based on Fibonacci levels, crypto expert Dj Anas said Dogecoin may hit $1 by year-end.
DOGE To $10 Increasing Chance
This market cycle is more likely to see Dogecoin rise to $10, according to crypto expert Javon Marks. He said technical analysis, historical patterns, and current support a positive Dogecoin view. The expert thinks Dogecoin may already be rallying to $10, marking another 2,400% rise.
A federal agency is named after the most popular meme currency, according to Javon Marks. Dogecoin backer Elon Musk will co-lead the Department of Government Efficiency (D.OG.E) under US President-elect Donald Trump.
Dogecoin is now selling at $0.38, up over 3% in 24 hours, according to CoinMarketCap.
