Can the price of DOGE rise by 1000%? Analysts reveal year-end predictions:


一位加密分析师预测,到年底狗狗币价格可能会出现1000%的反弹,建议这一领先的表情币不仅能够达到令人涶的1美元里程碑,还可能突破到2美元。 尽管这个目标看起来大胆,尤其是狗狗币仍然在0.5美元以下交易,但该分析得到了历史价格行为、市场结构和积累模式的有力支持。
The price target for DOGE is to reach $2 by the end of the year.
According to a 2-day chart analysis published by cryptocurrency market expert 'Setupsfx_' on TradingView, DOGE has been experiencing a textbook accumulation phase, reminiscent of explosive price surges in previous cycles. Based on this apparent historical price behavior, the analyst boldly predicts a significant breakthrough, expecting a 1000% increase, which could lead this meme coin to potentially surpass $2 by the end of the year.
Based on the Wyckoff theory, TradingView experts presented a chart that illustrates the clear structures of accumulation, distribution, decline, and rise—these have occurred in past market trends. The chart shows that DOGE followed a typical Wyckoff accumulation during its cycle in early 2021, during which it traded sideways and underwent several months of consolidation within a defined range.
This range is represented on the chart by a blue box, marked as the key buy zone of approximately $0.12 to $0.16. It is worth noting that this key area is the last zone that DOGE prices may revisit before rising again.
Returning to this range will complete the historical price structure and present an ideal entry point before the rally phase begins. Currently, DOGE has finished its downward phase and is nearing the final accumulation stage, paving the way for a potential bullish breakout.
If the price trend continues to follow this historically bullish roadmap, Setupsfx_ predicts that DOGE may gradually rise in the coming months. By the end of 2025, this could culminate in a full-blown rally to $2, a level that represents an approximate 1,000% upside from the current price.
Although TradingView analysts are bullish on the prospects of DOGE, they have lowered their expectations, reminding that the process of reaching $2 may not be linear. DOGE may still face volatility, pullbacks, and psychological resistance around levels such as $0.25, $0.5, and $1, which could slow its ascent.
Breaking $3 is still in the plan.
Cryptocurrency analyst Trader Tardigrade is more bullish on the future price of DOGE on Twitter before X (, predicting it could rise to $3.8. This optimistic prediction is supported by the bullish rising expanding wedge pattern appearing on the DOGE weekly chart.
Six key contact points confirm the pattern, labeled A to F, located within an expansion channel indicated on the price chart. The key level to watch is the resistance level at $0.47, near the previous high marked as point E.
A breakout confirmed above this level may validate the wedge chart and could trigger a significant price increase. Based on the movement measured from the widest point of the wedge chart, analysts highlight the expected path to reach $3.8, which represents a massive 2,011% increase from the current price of about $0.18.
)
DOGE2.92%
MEME-1.73%
A1.66%
RLY0.68%
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GateUser-954f2c4fvip
· 05-31 22:52
Steadfast HODL💎
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