$DOGE Coin is experiencing a recent wave of gains that has raised questions about its prospects. While some expect it to reach the $1 mark, a vision came during previous bull market cycles - its “new highs” when it reached the 1.618 Fibonacci extension level. However, given that it is located - this time - at the $3.90 level, the analyst believes that reaching it is unlikely during this cycle. On the other hand, the famous analyst expects the price to target $1.80, and this will be conditional on the strength of Bitcoin’s performance. Despite his reservations about his target of $3, Capital highlights the “golden cross” pattern.
