{"id":39847,"date":"2025-01-29T00:30:52","date_gmt":"2025-01-29T00:30:52","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=39847"},"modified":"2025-01-29T00:30:52","modified_gmt":"2025-01-29T00:30:52","slug":"dogecoin-still-in-play-as-price-gears-up-for-another-600-run-above-2","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=39847","title":{"rendered":"Dogecoin Still In Play As Price Gears Up For Another 600% Run Above $2"},"content":{"rendered":"

Despite the recent Dogecoin pullback, crypto analyst Javon Marks<\/a> has provided a bullish outlook for the foremost meme coin. According to m, DOGE\u2019s price is gearing up for a move that could send it above $2.\u00a0<\/p>\n

Dogecoin Gears Up For 600% Run Above $2<\/h2>\n

In an X post<\/a>, Javon Marks predicted that Dogecoin could record a 600% price rally and surge above $2. This came as he provided some optimism despite the recent pullback, with DOGE dropping to as low as $0.30. He stated that the price action<\/a> is \u201crefreshing\u201d because prices still look on track for another great bullish performance.\u00a0<\/p>\n

Marks added that history suggests that another run of 600% or more could happen, sending the Dogecoin price above $2.28. In line with this, he remarked that the next wave can be historical. The analyst had previously alluded to DOGE\u2019s historical performance<\/a> when he predicted that the meme coin could rally above the 1.618 Fib extension, which is currently at $2.2.\u00a0<\/p>\n

Crypto analyst Trader Tardigrade also recently alluded to Dogecoin\u2019s historical performance when he predicted its price could rally to as high as $20<\/a> in this market cycle. The analyst noted that Dogecoin experienced bull rallies after surpassing the previous candle body high in 20217 and 2021, with gains of 3,000% and 8,000%, respectively. Therefore, he remarked that DOGE could reach this $20 target if a similar pattern plays out again.\u00a0<\/p>\n

However, in the short term, the Dogecoin price could still drop to as low as $0.26 before it records any parabolic rally to the upside. This is based on crypto analyst Behdark\u2019s DOGE analysis<\/a>, in which he explained that the drop to $0.26 is part of the C wave corrective move. Once the price correction is done, the analyst predicted that the meme coin could rebound to $0.50.\u00a0<\/p>\n

DOGE Failed To Touch The Trendline During The Recent Drop<\/h2>\n

Crypto analyst Master Kenobi<\/a> noted that the Dogecoin price failed to touch a trendline he highlighted on the charts during this latest drop. In line with this, he questioned if it meant that DOGE could still witness more pullbacks or a bullish reversal from its current price level. While he didn\u2019t provide an answer, the analyst alluded to an earlier analysis, in which he predicted that DOGE could record a 3x price increase and reach $1.05 between February and March.\u00a0<\/p>\n

Meanwhile, Dogecoin\u2019s price action might have shifted from bearish to bullish following this recent pullback. In an X post, Trader Tardigrade<\/a> stated that DOGE\u2019s MACD bullish crossover was approaching on the 4-hour chart. He explained that this signals a short-term momentum shift for DOGE from bearish to bullish.\u00a0<\/p>\n

At the time of writing, Dogecoin is trading at around $0.32, down over 8% in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>","protected":false},"excerpt":{"rendered":"

Despite the recent Dogecoin pullback, crypto analyst Javon Marks has provided a bullish outlook for the foremost meme coin. According to m, DOGE\u2019s price is gearing up for a move that could send it above $2.\u00a0 Dogecoin Gears Up For 600% Run Above $2 In an X post, Javon Marks predicted that Dogecoin could record […]<\/p>\n","protected":false},"author":0,"featured_media":39848,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-39847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/39847"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39847"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/39847\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/39848"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}