$SOL Will Dogecoin Hit $20? Here's What Happens If DOGE Repeats Previous Cycles
Cryptocurrency analyst Trader Tardigrade has raised the possibility of Dogecoin price rising to $20 in this rally. The $20 price prediction came into the picture when the cryptocurrency analyst revealed what would happen if DOGE repeats previous cycles.
Dogecoin price is expected to rise to $20 if this happens.
In a post on X, Trader Tardigrade predicted that Dogecoin’s price could surge to $20 if it repeats its historical performance. He noted that Dogecoin has seen bullish surges after surpassing the previous candle body highs in 20217 and 2021, with gains of 3,000% and 8,000%, respectively.
predictable
In line with this, he predicted that the price of Dogecoin could rise to $20.68 if DOGE follows a similar pattern. Interestingly, Trader Tardigrade previously predicted that DOGE could rise to $8 if it reverses the 2017 bull run and rise to $30 if it reverses the bull run in 2021.
Meanwhile, the crypto analyst also suggested that the leading meme coin could soon start the next phase of its bullish run. In another post on X, he mentioned that Dogecoin price has broken out of a converging triangle and that the Moving Average Convergence Divergence (MACD) is showing a bullish crossover. He added that DOGE could start an upward run from here.
Cryptocurrency analyst Ali Martinez also pointed to a bullish reversal in Dogecoin’s price. In a post on X, he mentioned that TD Sequential has given a buy signal on DOGE’s hourly chart. This suggests that the major coin could be well-prepared for another move higher.
