๐ Can $DOGE Hit $4? Expert Predicts Breakout Timing
๐ Analyst's Bold Prediction
Market analyst Javier Santini, founder of Elemento Cripto, predicts Dogecoin could surge to $4 within a week after its ongoing correction phase ends. Drawing from historical patterns since 2017, Santini notes that Dogecoin's corrections typically last about one month before a significant rebound begins.
๐ Current Market Dynamics
After peaking at $0.48 post-US election results, Dogecoin has dropped 35% to around $0.3253. Santini argues this correction aligns with historical trends and often signals the start of a major rally. A surge to $4 would represent a 1,168% gain from current levels.
๐ผ Market Sentiment and Expert Support
While some investors remain cautious due to volatility, others see this dip as an opportunity. Analyst @Degengambleh supports Santiniโs prediction, forecasting Dogecoin could reach $4.20 based on a 1,000-day accumulation pattern, showing strong underlying support.
๐ Key Factors to Watch
Dogecoin's path to $4 depends on broader market sentiment, technical patterns, and external catalysts. Analysts suggest that unexpected news could act as a spark for this hyperbolic move.