Just this past weekend, Dogecoin (DOGE) staged an epic rebound, strongly breaking through the $0.23 resistance level, completely igniting the market! Buyers flooded in, pushing the price to continue rising, and analysts exclaimed: the real explosive rise has only just begun!
Despite the recent surge of DOGE, market sentiment remains extremely bullish! Several top cryptocurrency analysts predict that Dogecoin is about to experience an 'explosive rebound,' potentially even doubling in value and approaching the $1 milestone!
Analysts are collectively bullish: DOGE is about to double, and $1 is not a dream!
1. MMBTtrader: $0.4 is just the starting point, $1 is the ultimate goal! Anonymous expert MMBTtrader released a heavyweight analysis on TradingView, pointing out:
Dogecoin is currently in a phase of unimpeded rise, and it is highly likely to continue soaring in the short term! The pullback is just an illusion; any brief decline will become a springboard for a new round of explosive growth! The key breakout point is $0.25! Once it stabilizes, $0.4 is within reach! If it breaks through $0.4, it will directly challenge the historical milestone of $0.75, and even $1!
2. Another mysterious analyst: The weekly chart has issued a super buy signal! Another top analyst, who wishes to remain anonymous, pointed out:
$0.14 support level rebounded strongly, confirming the bullish reversal signal at the weekly level! The $1 target has been locked in, and if trading volume continues to increase in the coming weeks, DOGE will usher in an epic market! 'Dogecoin may be preparing for another historic surge!'
Warning: The only risk — this trend line determines life and death!
Currently, the only thing that might hinder DOGE's explosive rise is the red trend line in the analysts' charts! If the breakout is successful → $0.4, $0.75, and $1 will follow swiftly! If the breakout fails → it may pull back to $0.135, or even drop below $0.1!
However, market sentiment is extremely optimistic, and most analysts believe: the pullback is just a brief adjustment, and the explosive increase remains the major trend!
