Dogecoin Expectations for This Year
The prediction that Dogecoin (DOGE) could reach $5, which would represent a 2,300% increase from its current price, is based on a cup and handle pattern in its price chart. This bullish technical pattern suggests a possible meteoric rise if the price breaks above the handle. Other analysts, such as Trader Tardigrade, even predict a rise to $10, based on historical patterns of massive corrections followed by strong recoveries. However, these forecasts are highly speculative and depend on various market factors.