Dogecoin DOGE/USD is bouncing back from its price slump, prompting analysts and traders to voice bullish predictions.
What Happened: Crypto analyst Javon Marks is optimistic about Dogecoin’s prospects. Since breaking out of its resistance trend, the meme coin has already seen a roughly 234% upside move. Marks believes this could be followed by a healthy pullback, potentially leading to a more than 315% uphill run to the $0.6553 target.
Rafaela Rigo, a popular crypto trader, predicts Dogecoin’s price could reach $1 during this cycle. She shared her thoughts on X (formerly Twitter):
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