The target price for Dogecoin is expected to be between $2.35 and $2.60.

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An anonymous cryptocurrency investor and CEO told his 536,000 followers on platform X that Dogecoin is expected to see a significant rise by 2025. By analyzing the weekly chart, the investor demonstrated the previous resistance and support levels during the last bull market, pointing out that the same pattern is reappearing in 2024, indicating that Dogecoin is in the final stages of a breakout rebound.

Technical analyst Chandler Bing also confirmed this view, stating that the long-term price range for the memecoin is between $2.35 and $2.60, representing an increase of about 683% from the current price. Although this target may seem somewhat distant, he considers it a "conservative goal" and emphasizes that it is set based on Dogecoin's performance relative to Bitcoin and Ethereum in previous bull markets.

Cryptocurrency trader Javon Marks has set a similar target price of about $2.30, based on his Fibonacci extension levels.

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