Why The Dogecoin Price Could Surge 3,690% To $9.8 This Bull Cycle

Crypto market analyst Javon Marks believes the Dogecoin price could be preparing for one of its biggest price jumps ￰0￱ thinks this setup gives the coin a strong chance to rise much higher in the current bull market if the pattern continues to repeat as it has ￰1￱ explains that this pattern is not random but follows historical price data that has proven accurate over ￰2￱ his view, Dogecoin has built a reputation for repeating its market behavior during each major ￰3￱ time the setup has formed, the price has responded by moving sharply ￰4￱ Marks Highlights Dogecoin Price Consistent Fibonacci Pattern In his analysis, Marks points out that Dogecoin has a perfect record of reaching its main Fibonacci target in the last two market ￰5￱ both of those cycles, the coin reached the 1.618 Fibonacci level, giving it a 100% success rate in hitting that price ￰6￱ Reading: Market Expert Reveals Why The Bitcoin Price Will Never Stop Going Up He believes the same pattern is building again right now, which makes the chance of another significant move extremely ￰7￱ to his chart, if Dogecoin follows the same structure again, the price could rise about 800% from its current ￰8￱ would bring the coin to around $2.28, which matches the 1.618 Fibonacci level for this bull ￰9￱ pattern is once again forming in almost the same way it did before, which gives him confidence in the current ￰10￱ on this, he believes the coin could make a sharp move higher as the market continues to strengthen, just like it did in earlier bull ￰11￱ Points To Potential 3,690% Rally Toward $9.8 After further analyzing Dogecoin’s price chart, Javon Marks also provides a much bigger ￰12￱ explains that if Dogecoin performs as strongly as it did in the last cycle, the price could go far beyond the $2.28 ￰13￱ that case, the next primary target would be around $9.8, which would mean a 3,690% increase from its current ￰14￱ Reading: Pundit Says XRP Price Can Easily Hit $1,000 If This Happens Marks says this number is not random; it comes directly from comparing how much Dogecoin rose in earlier cycles to its current ￰15￱ the past, the coin delivered massive percentage gains once it broke through its primary Fibonacci ￰16￱ to Marks, the technical setup looks nearly identical to what the charts showed before Dogecoin’s previous massive ￰17￱ the coin once again delivers the kind of performance seen in the last bull run, the price could reach levels close to $9.8 or even ￰18￱ his analysis is correct, Dogecoin’s strong pattern could once again lead it to a massive rally, possibly reaching the $9.8 mark he projects, which would represent one of the most significant price surges in this bull ￰19￱ image created with Dall.

E, chart from ￰20￱