🚀Dogecoin Price Prediction: Analyst Forecasts Meteoric 21,700% Rise To $17, Here's When🔥💲🛍️
Crypto analyst Javon Marks has made a jaw-dropping prediction for Dogecoin's price in this bull run, forecasting an incredible 21,700% gain which could push DOGE to $17! This prediction is based on DOGE's historical performance during previous market cycles:
- **2017 Bull Run:** +7,100%
- **2021 Bull Run:** +22,800%
Marks believes that if Dogecoin follows its trend of larger runs in each cycle, $17 is achievable.
However, some skeptics point out that such a price would require a market cap of over $2 trillion, which is a significant leap, raising questions about the feasibility of Marks' prediction.
Other analysts are also bullish but more conservative. Kevin (formerly Yomi OG) predicts a rally to over $3, citing Dogecoin’s historical adherence to the 1.618 Macro FIB extension. Kevin notes that DOGE's current FIB level indicates a potential rise to $3.80.
Adding to the bullish sentiment, Kevin highlights massive bullish divergence on the weekly Stoch RSI, higher lows forming, and the fact that the last time DOGE was at $0.08, it crossed bullish.
Crypto Kaleo is another analyst predicting DOGE's outperformance against Bitcoin this cycle, dubbing it the "meme supercycle."
With various analysts highlighting strong bullish signals, could Dogecoin be on the verge of a massive breakout? Only time will tell, but the buzz around DOGE is certainly heating up! 🌕🐕💥
