🚨 DOGECOIN READY TO EXPLODE? Analysts Predict $10 Price Target! 🚨
Is Dogecoin About to Break All Records?
Dogecoin price is showing unprecedented strength, and experts are buzzing with predictions of a meteoric rise to the $4 mark. At the time of writing, DOGE is trading around $0.3874, up 3.7% in 24 hours, with a daily high of $0.3894. But can this meme coin really reach new all-time highs?
Analysts Speculate on the Future of Dogecoin
Cryptocurrency analyst Zer0 believes that DOGE is undervalued, calling the $7 target “not too big” given Dogecoin’s market narrative and growing adoption. Bluntz, another analyst, predicts a slow grind before a possible parabolic rise in the coming week.
If DOGE hits $4, its market cap would soar to $584 billion, cementing its status as a heavyweight in the cryptocurrency world.
What triggered the breakout?
Recent price action suggests a bullish breakout, driven by:
Institutional whale activity: On-chain data from Santiment shows an increase in large holders (10M–100M coins), reaching a 2-year high. Bullish flag formation: DOGE has formed a symmetrical triangle, signaling the end of consolidation and the start of a new leg higher. Volume spike: After a quiet consolidation, the influx of large investors has revived interest and momentum.
Critical Levels to Watch
Resistance: DOGE needs to break above $0.43910 to maintain its bullish momentum. Support: Holding above $0.3398 is crucial to avoid a retracement.
Will DOGE reach $4?
Analysts agree that while DOGE’s rise may take time, popularity, adoption, and whale accumulation make this goal increasingly realistic.$DOGE
