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Dogecoin Price Prediction: Crypto Analyst Sees 27500% Bullish Resurgence To $14

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Dogecoin has suffered some of the worst of the crypto bear market after taking a severe hit to its price. In response, DOGE transactions had plunged rapidly, which suggests that the digital asset is falling out of favor with investors. However, despite these bearish trends, one crypto analyst still sees a surge in the future of the meme coin.

27,500% Rally To $14 For Dogecoin

In a surprising turn of events that seems completely contrary to the current market trend of Dogecoin, a crypto analyst has predicted a 24,000% surge. The analyst shared the chart on the TradingView site with an outline that suggests one of the largest surges the meme coin has ever seen.

The chart suggests that the $0.058 level is support for the meme coin. At the same time, it also serves as a bounce-off point for the rally. This 27,500% rally, ideally, would see the price of the digital asset rise as high as $16 at the peak. However, not everyone agrees with this price mark.

DOGE price to climb to $16 | Source: Tradingview.com

Comments made in response to the analyst’s prediction seem to believe that the digital asset would surge but were way more conservative in their estimates. As one reply states, the peak of the price rally would be much lower at $1.-3 MAX.” Another comment also falls in line with this, with the user going much lower with “more like $1-2 only.”

One response, however, seems to be more bullish than the original poster. Explaining their point of view, the user said: “The first wave will likely hit low single-digit dollar ranges. It will hit upward $20 over the ensuing months beginning the bull run.”

DOGE struggles against bears | Source:

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Author: Best Owie

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