Dogecoin $2? An analyst dares to dream of a price like that by the end of the year. Hold on tight, Doge fans, because this isn’t just another prediction of a moonshot. Forget that measly $1; this is a meme-stock forecast, predicting a 1,000% price hike, kissing-perfectly $1, and then hurling the coin into the $2 stratosphere. Sounds crazy, yeah? The analyst is not just pulling numbers out of thin air, though. Instead, they are citing Dogecoin’s past damn near explosions, sifting through the various DNA of the current market, and revealing some hidden patterns surrounding massive accumulations. Will Dogecoin pull off the impossible? Time is of the essence.
Dogecoin Price Targets $2 By Year’s End
Get ready to launch the DOGE! Crypto analyst Setupsfx_ sees faint glimmers of bygone pre-pump patterns in the 2-day chart, suggesting a brutal 1,000% surge is getting ready. Dogecoin is going to go for broke trampling over $2 by the end of this year! Standby for liftoff!
A TradingView expert, with the spirit of Wyckoff running through his veins, brought forth a Doge chart that nearly cried out the music of the market-his financial autopsy of Doge’s market past involved those all-too-familiar phases of accumulation, distribution, markdown, and markup. Remember early 2021? That boring sideways motion? According to the theory, accumulation was just textbook: Dogecoin pauses for months, coiling up like a spring ready to be released.
The box is blue in color. The price range is from $0.12 to $0.16. This would be the buy zone for Dogecoin, meaning, yet another support level. Castillo calls it a last stand. Should a trader miss this buy zone, they might go on to miss a rocket ride with Dogecoin. This could be the launch pad.
Dogecoin price rests on the threshold of a massive surge. It is not only highly probable that the price returns to expiration in its historical price structure, but that is what fuels the explosive rally. So away with all that markdown madness; Dogecoin has been through hell and back and is just about to fly. This is the final countdown to accumulation, a calm before a bullish breakout. Prepare for takeoff.
Setupsfx_ is setting a path for Dogecoin, with the potential of a 1,000 percent rise to $2 by the closing months of 2025! That surge, according to their forecast, would occur if Dogecoin actually continues to “march to the beat” of an historic bullish price action. If the price charts can actually keep that pattern, you guys may want to get set for the biggest rally.
Dogecoin’s path to $2? Buckle up, for according to one analyst at TradingView, it shouldn’t be a straight rocket launch to the moon. Expect turbulence. The analyst remains bullish on Dogecoin, warning that the road ahead will be a roller coaster filled with volatility, pullbacks, and psychological warfare around key levels of $0.25, $0.50, and $1. However, earning will require its fair share of resistance.”
A Push Above $3 Still In The Cards
Put aside those Doge memes for just a moment. Crypto analyst Trader Tardigrade is serious about it: a Dogecoin rocket to $3.80! What’s brewing this high-octane forecast? Apparently, on a weekly scale, Dogecoin is hosted in a bullish Ascending Broadening Wedge, a formation that has Tardigrade waving his arms and howling with excitement. Does this mean that Dogecoin could break free at last and reach the stars?
On the price chart, a telltale pattern is emerging, whispered through the six key touch points – A to F – set within an expanding channel. Set your eyes on $0.47, for that resistance level, formed at the previous peak of point E, shall be the arena where the bulls and bears fight it out.
“Hold your breath! A critical resistance level is about to be broken. Price action may erupt if it falls away from here. Technical analysis suggests a launch towards $3.8 – an insane 2,011% jump from the current $0.18. This wedge breakout may be the kind of fuel you’ve been waiting for.”
Featured image from Unsplash, chart from TradingView
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