Crypto analyst Bluntz Capital has predicted that the Dogecoin price could soon witness a ‘violent’ 60% move against Bitcoin. The analyst further revealed what needs to happen for this parabolic rally to happen. 

Dogecoin Price To Record 60% Move Against Bitcoin

In an X post, Bluntz Capital shared an accompanying chart showing that the Dogecoin price could record a 60% move against Bitcoin. He stated that this ‘violent’ upside move will happen once Dogecoin breaks this three-week accumulation trend. The crypto analyst is confident that this move will eventually happen, as he has restated it several times. 

The projected 60% rally against Bitcoin would bring the Dogecoin price close to its current all-time high (ATH) of $0.73. It would also put the foremost meme coin well above the flagship crypto in this bull run. Dogecoin currently boasts a year-to-date (YTD) gain of almost 400%, while Bitcoin has a YTD gain of 135%. 

Crypto analysts like Master Kenobi and Kevin Capital have predicted that Dogecoin could surpass its ATH on its next leg up. A rally above its current ATH would be the $1 target in sight for DOGE. These analysts recently predicted that the next leg up could soon begin as the meme coin has consolidated for around 25 days, just like it did in the 2021 bull run after the first phase of its bull rally. 

Crypto analyst Mikybull Crypto also confirmed that the Dogecoin price rally to $1 is about to begin. In an X post, he stated that DOGE’s bigger move to $1 is about to kick up. This was an update to an earlier post in which he predicted that the foremost meme coin could pull another god candle to $1. 

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Author: Scott Matherson