Crypto Analyst Mikybull Crypto Developing a bullish story against the most powerful meme coin, Dogecoin (DOGE). Based on his analysis, there is no doubt that DOGE will break through its all-time high (ATH) on its way to unprecedented heights. This cattle drive.
It’s time for Dogecoin to hit $1
Mikybull Crypto revealed on X (formerly Twitter) post DOGE has already moved out of the accumulation phase and is currently undergoing re-examination. parabolic movement upwards.he hinted that doge He labeled that price level a “magnetic target,” meaning it could rise to $1 if this move occurs.
one of his followers quizzed On whether we should expect DOGE to reach $1 in 2025, Mickey Bull replied that he believes this price target will be achieved this year.Cryptocurrency analysts first hinted at a significant price hike for DOGE in a previous X post where He boldly claimed that DOGE’s next actions would be “explosive.” He made this statement while revealing that DOGE achieved its monthly closing price, turning bullish for the first time since 2021.
Mickey Bull is not the only cryptocurrency analyst to predict that DOGE could rise to $1 this market cycle. Crypto Analyst DonAlt I mentioned earlier “The possibility of Dogecoin reaching $1 is not that low.” He also suggested that DOGE is a better investment than Bitcoin, especially if the memecoin eventually reaches the $1 price level.
In addition to these predictions, there are also predictions such as: general feeling of optimism among the members of DOGE community That meme coins really have the potential to rise to such heights. This belief is further strengthened by the fact that meme coins are one of the main narratives of this market cycle. Therefore, new liquidity is expected to flow into the DOGE ecosystem.
Dogecoin could eventually rise to $1
Crypto Analyst, Altcoin Sherpa recently said He thought DOGE could do something “stupid that ends up costing us $1 this cycle.” Altcoin Sherpa previously stated that the leading memecoin still has a lot of firepower, hinting that: Support of Elon Musk Because it is one of the factors that could push the price to $1.
The cryptocurrency analyst seemed uncertain about when this move would occur, saying it could be now or in six months.Meanwhile, as he previously warned, in his recent X post, he said that DOGE same profit like the one in the last bull run Because it has market capitalization.
According to , at the time of writing, DOGE has fallen over the past 24 hours and is trading at around $0.18. data From CoinMarketCap.
DOGE price struggles to break $0.19 | Source: DOGEUSDT on Tradingview.com
Featured image from LinkedIn, chart from Tradingview.com
