Don’t Be Surprised If Dogecoin Hits $1 Or $2 ‘In A Hurry’, Says Crypto Analyst

Crypto analyst Cantonese Cat (@cantonmeow) suggests a scenario in which Dogecoin could reach $1 or even $2 relatively quickly. Posting on X, the analyst stated: “DOGE closed 3 weeks in a row above 0.786 log fib, which makes higher prices possible; don’t be surprised if it hits $1 or $2 in a hurry.”

Why Dogecoin Is Even More Bullish Than Last Cycle

In a recent YouTube video, Cantonese Cat provided in-depth technical analysis, comparing Dogecoin’s current cycle to its previous historic run. The analyst highlighted that last cycle, the price faced rejection around the 0.786 Fibonacci level (log scale) before pulling back and consolidating at the 0.618 level for approximately four weeks.