Rekt Capital states that DOGE has risen 350% since the bottom.
The price of Dogecoin (DOGE) has increased by 350% from the recent cycle low, according to Rekt Capital. Experts believe there is still significant growth potential in this market cycle.
Dogecoin has increased 350% from its low
Rekt Capital emphasizes that DOGE has recovered 350% from the bottom and has room for further growth in the current cycle.
Analyst Ali also forecasts price targets ranging from $3.95 to $23.26, based on Fibonacci levels of 1.618 and 2.272.
Dogecoin has risen 88.5% in seven days
According to CoinGecko, DOGE is currently experiencing strong momentum, with a 21.9% increase in the past 24 hours and a trading range of $0.2367 to $0.3003.
DOGE has increased by 88.5% in the past week and 159% in the past month, but is still 60.4% lower than its peak of $0.7316 in May 2021.
DOGE's golden cross pattern
Analyst Milkybull Crypto notes the golden cross pattern on DOGE's weekly chart, a signal that often indicates major price volatility.
Milkybull predicts a price target of $2 to $4 in this cycle.
This price surge recalls the DOGE boom of 2021. The emergence of the golden cross pattern, along with underlying momentum and a strong market, indicates the potential for continued growth.