๐ฏ๐๐Dogecoin is Preparing for a Bull Run: If It Repeats 2021, Its Target is $10!
The analyst, who drew attention with his analyses with Centimeter data, made an exciting prediction for #Dogecoin (#DOGE ).
The analyst, known as Ali, gave a price target of $ 10 for Dogecoin in a post on February 23.
The analyst reminded that the Dogecoin price entered the consolidation phase after a triangle formation that was broken in 2020, and then experienced a 28.770% increase. The analyst, who stated that DOGE is currently in a similar image, stated that it has exited from a descending triangle and is in the consolidation phase.
The analyst also pointed to the $10 levels, saying that Dogecoin is potentially preparing for another significant bull run.
Given the current price of Dogecoin and the rally it is experiencing in 2021, it needs to rise close to 125 times for the $ 10 target.
The given price target means that Dogecoin, which currently has a market value of $ 11.9 billion according to CoinGecko data, will reach a market value of close to 1.5 trillion if burning does not occur.#Write2Earn #TrendingTopic #Dogecoin2024 $DOGE