Can the Dogecoin Prize reach $ 20? Here is what will happen if Dogge repeats previous cycles

Crypto analyst Trader Tardigrade Has increased the possibility that the Dogecoin price rally to as high as $ 20 in this Bullrun. The $ 20 price prize entered the picture when the crypto analyst revealed what would happen if Doge repeated previous cycles.

Dogecoin rally to $ 20 if this happens

In one X PostPredicted Trader Tardigrade that the Dogecoin Prize can rise to as high as $ 20 if it replicates its historical performance. He noted that Dogecoin experienced bull meetings After surpassing the former light body height in 20217 and 2021, with profits of 3,000 % and 8,000 % respectively.

In line with this, he predicted that the Dogeocoin Prize could rise to as high as $ 20.68 if Doge follows a similar pattern. Interesting, Trader Tardigrade Previously predicted that Doge can rally to as high as $ 8 if it reflects the 2017 Bull Run and Rally to as high as $ 30 if it reflects 2021 Bull Run.

Dogecoin
Adjustment of Priskeeping Points against $ 20 for Doge | Source: Trader tardigrade on x

At the same time, the crypto analyst also suggested that the foremost memory coin could soon start the next stage of its bull driving. In another X-post, he stated that the Dogecoin Prize has erupted a converging triangle and Sliding mean for convergence diver’s (MACD) Displays a hooked crossover. He added that Doge can start a bull rally from here.

Crypto analyst Ali Martinez Also hinted at a hooked turn for the Dogecoin Prize. In an X post, he stated that TD Sequential has presented a buy signal on DODE’s hourly chart. This indicates that the main mucus coin may be well prepared to record another move to the upside.

DODE’s prospects are far from Baisse

In an X post, crypto analyst Kevin Capital Made an argument for why the Dogecoin Prize is far from Baisse. He noted that Dogge still sees rapid expansion of 50 and 200 sliding meanings after its weekly Golden Cross occurred. He added that the memorial coin is above the Macrogylle pocket to $ 0.26 and fights against the macro .786.

In line with this, he suggested that there was no reason for market participants to be Baisse on the Dogecoin Prize. But in the meantime he mentioned That he did not focus very much on Dogge or other Altcoins because the Bitcoin Prize will determine the next step on the market. Crypto -analyst assured that nothing has changed regarding Doge’s Bull RunWho says bicycle peaks do not occur when everyone is Baisse.

Crypto analyst Javon Marks Also recently made a hooked argument for the Dogecoin Prize, and predicted that it could witness at least a 5X increase from its current level.

.At the time of writing, the Dogecoin Prize is traded around $ 0.35, a decrease of over 3% in the last 24 hours, according to data From Coinmarketcap.

Dogecoin
Dogge is traded for $ 0.34 on the 1D diagram | Source: Dogeusdt on Tradingview.com

Selected image from Unsplash, charts from tradingview.com

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