Dogecoin Price Macro Target Remains Above $2, And The Market Crash Hasn’t Changed It

Crypto analyst Hov has stated that the macro target for the Dogecoin price remains unchanged despite the recent crypto market ￰0￱ comes as DOGE looks to reclaim the psychological $0.2 level, which could spark a significant rebound for the meme ￰1￱ Target For The Dogecoin Price Remains Above $2 In an X post, the crypto analyst stated that he still has the same macro target for the Dogecoin ￰2￱ accompanying chart showed DOGE could rally to $3 by next year, which would mark a new all-time high (ATH) for the altcoin. However, there is the possibility that the meme coin could keep trading sideways till the end of the ￰3￱ Reading: Why The Dogecoin 3.49% Annual Inflation Is Actually Not A Bug Meanwhile, Hov noted that the Dogecoin price action had played out as expected, with DOGE correcting off the low and crashing by over 50%.

He added that the move did not quite make it into the lower support level, but that so far, the move off the low looks pretty ￰4￱ meme coin had crashed from a high of around $0.30 last month, recently touching $0.11 amid the crash that followed Trump’s announcement of 100% tariffs on ￰5￱ also stated that the focus will be on how the Dogecoin price action develops over the next week to see whether the C-wave corrective move is ￰6￱ is currently looking to rebound and reclaim the psychological $0.2 ￰7￱ has been sparked by optimism regarding a potential trade deal between the ￰8￱ ￰9￱ White House has confirmed that ￰10￱ Donald Trump will meet China’s President Xi Jinping on October 30 at the APEC Summit.

meanwhile, the September CPI, which dropped yesterday, came in lower than expectations, which also contributed to a bounce in the Dogecoin price. DOGE’s 3rd Bull Wave On The Horizon Crypto analyst Ether revealed in an X post that the 3rd bull wave is on the horizon for the Dogecoin ￰11￱ noted that DOGE experienced two major bull waves in 2017 and 2021 and that another bull wave is now ￰12￱ analyst broke down the current price action, which points to another bull ￰13￱ Reading: Analyst Predicts Dogecoin Price Is Headed To $3.25, Here’s When Ether revealed that the long downtrend has been broken, with the retest now ￰14￱ further remarked that the 25MA on the higher time frame is back at support.

meanwhile, the Dogecoin price is said to be gathering strength in the lower band of a years-long ascending ￰15￱ analyst added that all technical indicators are “whispering” the start of a new ￰16￱ such, he believes the 3rd bull wave is a matter of when, not ￰17￱ the time of writing, the Dogecoin price is trading at around $0.19, up in the last 24 hours, according to data from ￰18￱ image from iStock, chart from ￰19￱