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Dogecoin (DOGE) Eyes 85% Price Surge: Can It Reach $0.70?


by Jaxon Gaines
for Watcher.Guru
Dogecoin (DOGE) Eyes 85% Price Surge: Can It Reach $0.70?

Dogecoin (DOGE) is currently trading at the $0.40 price range and is looking to level up in the charts. The meme coin reached a yearly high of $0.47 last month, attracting heavy bullish sentiments. Trump’s re-election kicked off a rally, doubling its price in less than a month. In addition, DOGE has soared nearly 350% in a year and is among the market’s top-performing digital assets.

Now, the top meme coin is eyeing up a new surge heading into 2025 of nearly 85%, according to one analyst. A surge of that size would place Dogecoin at roughly $0.75, just a quarter away from a $1 valuation. Over the last 24 hours, Dogecoin whales have bought $160 million worth of the meme coin, per a chart shared by Ali Martinez in a December 13 X post. Martinez feels that the ongoing hype around DOGE as well as bullish activity by whales could send the dog-themed cryptocurrency to new highs to close off 2024.

Although the price of DOGE has actually declined by 4.37% over the last thirty days, this period of consolidation bears a striking resemblance to the cryptocurrency’s price action back in 2021. If these similarities continue to play out, based on Fibonacci retracement, Dogecoin could experience an 85% surge from current prices to reach prices as high as $0.75443 by January 2025, per Martinez’s analysis.

Also Read: US Senator Lummis & Trump’s Treasury Secretary Meet to Talk Bitcoin Reserve

Looking beyond 2025, bulls are holding onto hope of $1 being the new standard for Dogecoin. Leading on-chain metrics and prediction firm Digital Coin Price has painted a bullish picture for Dogecoin. According to the price prediction, the meme coin could reach a new high of $1.48 in 2026. The average trading price could be $1.34, and the minimum price the meme currency could trade is $1.20.

With the majority of the crypto market bullish on DOGE, an 85% rally to $0.70 seems imminent.

Read the article at Watcher.Guru

Read More

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Dogecoin (DOGE) Eyes 85% Price Surge: Can It Reach $0.70?


by Jaxon Gaines
for Watcher.Guru
Dogecoin (DOGE) Eyes 85% Price Surge: Can It Reach $0.70?

Dogecoin (DOGE) is currently trading at the $0.40 price range and is looking to level up in the charts. The meme coin reached a yearly high of $0.47 last month, attracting heavy bullish sentiments. Trump’s re-election kicked off a rally, doubling its price in less than a month. In addition, DOGE has soared nearly 350% in a year and is among the market’s top-performing digital assets.

Now, the top meme coin is eyeing up a new surge heading into 2025 of nearly 85%, according to one analyst. A surge of that size would place Dogecoin at roughly $0.75, just a quarter away from a $1 valuation. Over the last 24 hours, Dogecoin whales have bought $160 million worth of the meme coin, per a chart shared by Ali Martinez in a December 13 X post. Martinez feels that the ongoing hype around DOGE as well as bullish activity by whales could send the dog-themed cryptocurrency to new highs to close off 2024.

Although the price of DOGE has actually declined by 4.37% over the last thirty days, this period of consolidation bears a striking resemblance to the cryptocurrency’s price action back in 2021. If these similarities continue to play out, based on Fibonacci retracement, Dogecoin could experience an 85% surge from current prices to reach prices as high as $0.75443 by January 2025, per Martinez’s analysis.

Also Read: US Senator Lummis & Trump’s Treasury Secretary Meet to Talk Bitcoin Reserve

Looking beyond 2025, bulls are holding onto hope of $1 being the new standard for Dogecoin. Leading on-chain metrics and prediction firm Digital Coin Price has painted a bullish picture for Dogecoin. According to the price prediction, the meme coin could reach a new high of $1.48 in 2026. The average trading price could be $1.34, and the minimum price the meme currency could trade is $1.20.

With the majority of the crypto market bullish on DOGE, an 85% rally to $0.70 seems imminent.

Read the article at Watcher.Guru

Read More

ChatGPT Predicts XRP, Pepe and Dogecoin Prices by End of 2025

ChatGPT Predicts XRP, Pepe and Dogecoin Prices by End of 2025

ChatGPT has pointed to a late-2025 crypto upturn, projecting Bitcoin’s renewed advanc...
Dogecoin Under $0.20 ‘Is Free,’ Says Analyst—Predicts 2,000% Upside

Dogecoin Under $0.20 ‘Is Free,’ Says Analyst—Predicts 2,000% Upside

Dogecoin is revisiting a technical juncture it has not seen since the months precedin...