Crypto analyst KrissPax has revealed that Dogecoin has completed the first part of its bull phase, drawing parallels with its 2021 bull run. This completion signals potential for further price increases similar to past cycles.
The analyst suggests that Dogecoin could undergo two more up-phases, potentially leading to significant percentage gains. Patience is advised as minor fluctuations may occur before the next price rise.
Ali Martinez anticipates potential corrections indicated by the TD Sequential sell signal but believes the overall trend remains bullish. KrissPax predicts Dogecoin reaching as high as $3 this cycle.
The next steps for Dogecoin could involve overcoming the $1 price mark, followed by another up-phase potentially reaching $3. Analyst Kevin Capital supports the notion of an impending price rise.
At present, Dogecoin trades at approximately $0.42, reflecting a moderate increase. Analysts express optimism about price performance, foreseeing unexpected rapid gains.
