Dogecoin Price Set To Go On A 2,000% Cyclical Surge To $4

The Dogecoin price could be gearing up for an explosive move soon, as technical analysts suggest that the popular meme coin may be entering another parabolic ￰0￱ the broader crypto market declines, analysts believe Dogecoin’s historical patterns and price structures are setting the stage for a potential 2,000% rally that could see it soar as high as $4 by next ￰1￱ Reading: Bitcoin Plunges To $105k As Investors Shift To Gold After Crypto Carnage Dogecoin Price To Mirror Pre-2017 Explosive Surge Crypto analyst Javon Marks has indicated that Dogecoin’s price action is closely mirroring the bullish setup that preceded its historic price rally in ￰2￱ this pattern continues, he predicts that the cryptocurrency may be preparing for its next cyclical surge to new all-time highs and ￰3￱ points out that Dogecoin’s long-term structure is forming a massive cup-shaped base, which historically has paved the way for significant bull ￰4￱ analysis forecasts a minimum 251% increase in the near term, with a potential 2,000% surge over a longer timeframe, should the historical pattern unfold as it did in the ￰5￱ analyst’s accompanying chart illustrates a recurring accumulation pattern where Dogecoin consolidates for years before breaking out ￰6￱ price history between 2014 and 2017 is being mirrored by the 2022 – 2025 formation, where the meme coin appears to be carving out a rounded bottom and a consolidation ￰7￱ price action completes this structure, Marks predicts that a breakout toward $4 is technically possible.

Notably, Dogecoin’s resilience between its current price at $0.18 and $0.3 may act as a launchpad for the next parabolic phase, especially if the overall market sentiment turns bullish in ￰8￱ of the time of writing, CoinMarketCap’s data indicates that the meme coin’s price has increased by 5.53% over the past 24 hours, marking a slight recovery from its monthly decline of over 33%. Analysts Share Different Outlooks For Dogecoin A separate analysis by market experts presents a slightly different outlook for Dogecoin, with one expert expecting a moderate price surge and another predicting a potential ￰9￱ analyst Ali Martinez views Dogecoin’s current structure as part of a steady, upward-trending price ￰10￱ highlighted that DOGE continues to trade within an ascending range established since early ￰11￱ framework implies that the meme coin remains technically bullish despite short-term ￰12￱ his analysis, Martinez identifies moderate but critical upside checkpoints at $0.29, $0.45, and $0.86, based on the Fibonacci retracement and extension ￰13￱ chart illustrates how Dogecoin has repeatedly bounced off the lower boundary of the channel, mostly near $0.18, indicating strong buyer interest in that zone.

Notably, the analyst forecasts that a rebound from this area could set the stage for gradual advances toward $1 in the coming ￰14￱ expert Bitguru adds a note of caution, observing that the $0.18 – $0.19 region is acting as a make-or-break level for bulls. A decisive drop below it could expose Dogecoin’s price to a deeper retracement toward $0.095. The analyst advises traders to remain vigilant, noting that DOGE still appears to be in a corrective ￰15￱ Reading: Biggest Shiba Inu Burn In Months — And It Came From A Coinbase Account Featured image from Unsplash, chart from TradingView