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Dogecoin Primed to Smash $1 Barrier—Analyst Predicts $1.17 Surge Imminent

Dogecoin Primed to Smash $1 Barrier—Analyst Predicts $1.17 Surge Imminent

Published:
2025-07-01 10:28:57
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Forget the moon—Dogecoin's next stop might just be the dollar menu.

One crypto analyst is doubling down on DOGE's rally potential, insisting the meme coin won't just flirt with $1 but blast straight through to $1.17. No ifs, no buts—just pure, unfiltered hopium.

When Lambos? Sooner than you think (or later, depending on which 'expert' you asked yesterday).

Wall Street's still scratching its head over how a Shiba Inu joke keeps outpacing their precious ETFs—but in crypto, even the dogs eat first.

Screenshot 2025 07 01T103947332

Dogecoin Price PredictionDogecoin Price Prediction Notably, from the June 2022 bear market low, the analyst reports that Dogecoin surged over 880%, reaching a peak near $0.47 in December 2024. This move aligned with the 0.618 Fibonacci extension level. The Fibonacci-based structure, as interpreted by Ananda, shows future price projections and potential market top formations. Fibonacci Targets and Resistance Levels Highlighted Building on this model, Master Ananda outlined the next target of $1.17 based on a Fibonacci level relating to the 2021 bull market and the 2022 bear market. From the current price of $0.1621, a move to $1.17 would reflect approximately 622% upside. When measured from the June 2022 bottom of $0.05, the growth potential to $1.17 reaches around 2240%, equivalent to over 23 times in value. Despite this long-term projection, Ananda also noted that markets follow cycles, stating that corrections often follow bullish moves. With Dogecoin returning to what the analyst called "baseline levels," resistance levels that were cleared in late 2024 will likely need to be tested again. These points include $0.59 and $0.74. Relevant Price Levels If Market Conditions Weaken If the broader market does not perform well, several lower resistance levels remain relevant, according to the analysis. The $0.35 level sits just below the last major high and could become significant under declining momentum.  The analyst stated that the $0.70 level should be watched as it was breached in the December 2024 rally. He also identified $1.05 as a potential new all-time high. According to Ananda, there is no reason for the Dogecoin rally in this bull run to stop below $1. Further Dogecoin prediction Above $1 Elsewhere, analyst WIZZ shared a projection for Dogecoin to reach $1, citing analysis from top market watcher Chris. In a June 24 tweet, Chris noted that Dogecoin had bounced from a multi-year support trendline after a 13% correction, suggesting the end of the downtrend.  He predicted a rally beginning in July, potentially pushing DOGE to $1 and even as high as $1.40, while advising holders to take profit at those targets.

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