………………It's about to return to 0, and you're still dreaming of 1 dollar?!

Will Dogecoin soar to $1.30? Analysts predict a new bull market is about to ignite!

Despite Dogecoin (DOGE) dropping 31.2% in the past month, it has surged 198.3% over the past year, demonstrating strong market resilience. Analysts believe that the current price correction may be building momentum for a significant rise in the future.

**Historical data reveals: After consolidation, a surge may follow**

Historical price trends show that after a consolidation phase, Dogecoin often experiences explosive growth. The current market adjustment may be preparing for the next rise. Market analyst Trader Tardigrade points out that DOGE's current market pattern is very similar to the quiet phase before its 15-fold surge in 2017. He predicts that after March 2025, DOGE's price is likely to break through $1.30 and may even initiate a new bull market.

**Elliott Wave Analysis: Target price $6.08?**

According to Elliott Wave theory, DOGE is forming a five-wave upward pattern. Analysts predict that the third wave will push the price up to $1.1293, while the fifth wave may drive the price up to $6.08. Although a correction may occur in the short term, the long-term bullish trend remains unchanged.

**Current market performance: Ready to take off**

DOGE's current price is $0.24, with a market cap of $36.2 billion, and a 24-hour trading volume increase of 77% to $2 billion. Analysts believe that DOGE may first break through the resistance level of $0.35, and then move towards the target of $1. The golden cross technical indicator also shows that DOGE is in a potential upward trend.

**Conclusion**

Although recent market volatility has raised concerns, historical data and market analysis indicate that Dogecoin may soon experience a new round of explosive growth. Investors should closely monitor market dynamics to seize potential investment opportunities.