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Kripto paraların tanınmış analistlerinden bir tanesi olan Kevin (eski adıyla OG Yomi), Dogecoin‘in (DOGE) beklenilen boğa süreci içerisinde %2.500’lük bir ralli yaşayabileceğini ortaya koydu. Yapılan analizin bir parçası olarak, bu boğa sürecinde meme coin’in ulaşabileceği temel fiyat hedeflerini de ortaya koydu.
How Much Will Dogecoin Be Worth?
Kevin shared a post on X expressing his views about DOGE. He made a price prediction that surpasses today’s market conditions:
Update on #Dogecoin awaiting the weekly golden cross. We are still weeks away from this bull market milestone. Two consecutive red weeks have also caused some deviation. We need to turn green soon to continue on our path! #DOGE #Altcoins
Additionally, the analyst pointed out in his DOGE chart that the 1.1618 FIB level is at the $3.80 region, which could meet and exceed the price level.
The crypto analyst also drew attention to another matter, indicating that he was actually making an overly optimistic prediction.
He mentioned that reaching the discussed levels in the expected bull cycle for Dogecoin would be more difficult compared to previous cycles due to the current market value and capital saturation.
He also emphasized that there are now more meme coins in the market. Moreover, the analyst, citing Dogecoin’s past price movements, emphasized that this scenario remains within the realm of possibility.
Kevin, pointing to DOGE’s past movements, marked $0.95 and $1.35 as “noteworthy” price targets for the meme coin, even if it doesn’t reach $3 levels. Similarly, other analysts also suggest that the price could move towards $1.
Lastly, it would be useful to note that the analyst emphasized that a monthly close above $0.16 is needed to acknowledge the continuation of Dogecoin’s rise.
How Much is 1 Doge Currently?
As all these price uncertainties continue in the market, eyes were on the price of Dogecoin (DOGE). At the time of writing, DOGE was trading at $0.1476 after a 1.35% drop, which is currently far from the $0.16 region mentioned by the analyst.
In addition, the similarly declining market cap was just above $21 billion, placing it in the 8th position in the market ranking.
On the other hand, DOGE’s 24-hour trading volume also fell over 5%, dropping to $867 million, which could be interpreted as neither sellers nor buyers being pleased with the situation.
