Analysts believe that the price of Dogecoin could rise sharply in the current bull market and has the potential to exceed 20 USD. Historical data and whale activity indicate a bullish outlook for this cryptocurrency. Analyst Javon Marks predicts that Dogecoin could see strong growth in 2024, with a history of increasing 90 times in 2017 and 306 times in 2021. Ali Martinez adds that Dogecoin could reach between 4 and 23 USD based on geometric patterns. The technical reversal with a triangle pattern and recovery from last week's lows reinforces the current bullish trend, with whale trading volume exceeding 23 billion USD in the past 24 hours. The current price of Dogecoin is 0.3261 USD, up 2.8% for the day, with a total market capitalization of 47.52 billion USD.