$DOGE Analyst:#Dogecoincould rally 2,500%, potential targets

Doge Coin (DOGE) Could Climb 2,500% in Bull Cycle, Says Crypto Researcher He identified memecoin bull run price targets in his study.

Dogecoin could move beyond $3, as it continues to surpass the 1.618 macro FIB extension from past bull and bear market highs (before Twitter). DOGE's 1.1618 FIB is $3.80 on its chart, suggesting it could overcome this price level, he said.

The crypto researcher said Dogecoin may struggle to reach similar highs in this bull run "due to market cap and capital saturation," with more meme currencies in the market. He added that Dogecoin's history suggests it is viable.

Kevin suggested $0.95 and $1.35 as "significant" price objectives for the meme currency if it doesn't reach $3 based on its past performance. Kevin's opinion is more positive for Dogecoin, which some crypto experts expect to reach $1 this cycle.

Kevin is positive on Dogecoin despite its poor price performance. He predicted the Mem currency would contain its decline but said it still needs "several weeks of upside price action before achieving this bull market milestone."