Unlike other meme coins in the market, the Dogecoin price has demonstrated resilience, making a strong recovery after weeks of price declines and consolidation. Highlighting this strength and history of bullish performances, a crypto analyst has predicted that Doge could resume its upward momentum and potentially drive its price to new all-time highs of $2.2.
Dogecoin Price Forecasted To Reach $2.2
Dogecoin is capturing the attention of the crypto market once again as its price continues to rise, driven by Donald Trump’s presidency, Elon Musk’s influence, and the overall hype of the bull market. Earlier this week, these bullish factors pushed the DOGE price significantly above the $0.4 mark.
Although the meme coin experienced a slight pullback towards $0.38, Javon Marks, a prominent crypto analyst, declared in an X (formerly Twitter) post that Dogecoin is still showing significant strength. The analyst shared a technical analysis of DOGE, explaining how the meme coin can rise to new ATHs of $2.28 based on recurrent historical performances.
According to the
Go to Source to See Full Article
Author: Scott Matherson
