Do Dogecoins Reach $1 By Year End? What Fibonacci Levels Say
Market participants predict Dogecoin to hit $1 in current bull run as a psychological level. Based on Dogecoin's Fibonacci levels, crypto researcher Dj Anas predicts it might achieve this objective by year-end.
Fibonacci Levels Show Dogecoin Could Reach $1 By Year-End. According to TradingView, crypto researcher Dj Anas believes Dogecoin might hit $1 by year-end due to Fibonacci levels. Based on Fibonacci levels, the expert said that Dogecoin is pushing on the support-resistance line between $0.25 and $0.27, which might support an upward advance to $1.
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Like Dj Anas, crypto expert Master Kenobi, who accurately forecasted the Dogecoin bull run, predicts $1 by year-end. He disclosed that Dogecoin was fewer than 30 days from completing a 91-day sequence that could boost its price to $1.
Master Kenobi said that Dogecoin's all-time high (ATH) is just beyond the psychological $100 billion market cap level, which might push the price to this objective. He presented a graphic predicting $1 for DOGE by December 2.
Master Kenobi stated the $1 Dogecoin price objective is a psychological threshold and a key benchmark that demonstrates DOGE's potential. He stated that achieving $1 would mature the meme coin and secure its place as a long-term asset.
Crypto expert Trader Tardigrade predicted a big Dogecoin price in four months in an X post. He announced that Dogecoin has reached its greatest monthly closing level. Last time, Dogecoin rose 8,000% in four months.
This happened during the 2017 bull run, when DOGE rose 1,000% in eight months. Dogecoin might see another parabolic surge like in 2017 and 2021. According to the analyst's graphic, Dogecoin may increase to $3.6 if it replicates the 1,000% gain from 2017 and $26 if it reflects the 8,000% gain from 2021.
