Independent crypto analyst Kevin predicts a potential golden cross for Dogecoin (DOGE) in two to three weeks. He notes the last golden cross in May 2021, which led to an 18,000% surge, taking DOGE from $0.003 to $0.75 per coin. Kevin suggests that if history repeats, Dogecoin's price could reach around $23.40 per coin. Such a surge would massively inflate Dogecoin's market capitalization.
The optimistic prediction by Kevin is based on understanding previous market patterns and behaviors. The golden cross, where a short-term moving average crosses above a long-term moving average, is often seen as a bullish sign in technical analysis.
This forecast could potentially result in significant gains for investors who hold or plan to invest in Dogecoin, depending on the actual occurrence of the predicted market behavior.
