Crypto analyst Kevin believes Dogecoin (DOGE) could replicate its 2021 bull run, which saw an 18,000% price increase. He notes that DOGE is weeks away from achieving its first weekly golden cross in four years, mirroring the conditions of its previous surge.
Other analysts, such as Javon Marks, anticipate even higher gains, suggesting a potential 21,000% increase and a price of $17. Marks considers $1 a more attainable target, with a similar opinion echoed by Altcoin Sherpa.
In the short term, analysts like The Cryptomist predict a temporary dip in DOGE’s price to $0.08 or $0.05, while maintaining long-term optimism with a potential rise to $1. Crypto Kaleo concurs with this view.
Currently, Dogecoin trades at around $0.129, up over 4% in the last 24 hours according to CoinMarketCap.
