Is DOGE about to take off? Analysts predict that DOGE will soar to $4 within a few months, with an increase of over 1000%.


Santini, the founder of Elemento Cripto, made this prediction based on the price fluctuations of DOGE since its launch in 2017. He pointed out that there may be a period of correction or even a month or longer before DOGE rises again.
After the results of the US presidential election were announced in early December, the price of DOGE once climbed to a high of $0.48, but is currently in a retracement phase. Since then, the price of DOGE has dropped by 35%. However, Santini believes that the price decline is actually a normal phenomenon in the market cycle.
Santini pointed out that looking at the historical trend of DOGE, the market tends to exhibit repetitive characteristics during each adjustment period. He analyzed the weekly chart of DOGE and mentioned that the calm period after each midterm usually lasts for about a month. He predicts that after this adjustment, DOGE will experience a strong rebound, which may end soon and break through $0.7 within a week. Given the current price of around $0.3253, this means that DOGE has the potential to rise by more than 100% in a week, which is quite amazing.
The performance of DOGE has caused excitement and concern among people. Some investors hold a conservative attitude towards cryptocurrencies, mainly due to their high price volatility, while others see the potential for profit and are ready to seize the opportunity to make gains. Although this adjustment has attracted widespread attention, analysts like Sandini believe that such fluctuations are actually normal in the market and often indicate significant upward trends to come.
#聖誕狂歡季,加密市場年終猜測 #聖誕冒險島:喜迎新年,$50,000福利派送中 #DOGE
DOGE-1,74%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)