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Dogecoin Primed for a Comeback? Top Analyst Predicts Major Surge Ahead

Dogecoin Primed for a Comeback? Top Analyst Predicts Major Surge Ahead

Published:
2025-05-23 10:22:33
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Forget overnight moonshots—this meme coin’s rebound might finally be brewing. A prominent crypto analyst claims Dogecoin (DOGE) is coiled for a major upward move, dismissing impatient traders chasing quick flips.

"Good things take time," the analyst insists, doubling down on DOGE’s potential despite its recent slump. While exact figures weren’t disclosed, his bullish price target suggests a steep climb from current levels.

Market watchers remain split: either this is the calm before DOGE’s next viral rally, or another case of hopium overpowering fundamentals. After all, since when did Wall Street logic apply to an asset fueled by Elon tweets and Shiba Inu memes?

Dogecoin Analysis | Rekt Capital With the support holding firm, Rekt Capital has identified the trend as positive for Dogecoin. Furthermore, the market watcher highlighted an early-stage higher low formation on the weekly timeframe with Monday’s downward wick. The candlestick pattern, in addition to the momentum from the successful support retest, formed the basis for the analyst’s suggestion of a sustained bullish price development. He asserted that DOGE looks ready to curl up from here, providing possible price targets. Possible Price Targets His chart shows two targets for dogecoin if bullish momentum sustains. First, he highlighted a nearly 16% upsurge from the current market price to the resistance at $0.278, a price mark last seen in February. Ultimately, DOGE would rally further to the second target at $0.338, a 41% strout from its current price. However, Rekt Capital warns of the importance of price stability, noting that realizing these targets depends on it. Meanwhile, several other analyses have suggested higher prices for Dogecoin. Specifically, The Crypto Basic recently reported a commentary from Chris predicting a rally to $1 amid a breakout from a long-standing resistance trendline. Moreover, Dogecoin’s recent integration into the Solana ecosystem further boosts the mood around the asset. At the time of writing, DOGE trades at $0.246.

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