Crypto analyst Javon Marks has predicted that the Dogecoin price will soon witness a parabolic run. This prediction follows his analysis of the meme coin’s historical performance, which he claimed could lead to a price rally of over 400%. 

Dogecoin Price To Reach All-Time High Soon Enough

Marks predicted in an X post that the Dogecoin price could reach its current all-time high (ATH) of $0.73 as it enjoys a quick 431% rally from its current price. The analyst noted that this price prediction was based on the meme coin’s price and past performances in previous cycles. In line with this, Marks believes that DOGE could be in the early stages of another parabolic run.  

Based on Marks’ analysis, the Dogecoin price’s rally to its current ATH will likely be the start of its bull run in this cycle. The analyst predicts that the foremost will rise beyond the $0.7 price level and reach as high as $3. This isn’t the first time Javon Marks has predicted that DOGE could enjoy such a massive rally. 

The analyst previously predicted that Dogecoin could enjoy a 21,700% rise to $17 based on its bull market trend. He noted that Dogecoin has always enjoyed larger price gains in every successive market cycle. As such, he doesn’t expect this time to be different, with DOGE topping its last cycle’s gains in this bull run. 

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Author: Scott Matherson