Crypto analyst KrissPax has drawn the neighborhood’s consideration to a bullish sample that has fashioned for the Dogecoin worth. In line with this, the analyst predicts that Dogecoin may quickly document a double-digit worth surge.
Dogecoin Price Eyes Double-Digit Surge
In an X post, KrissPax predicted that the Dogecoin worth may take pleasure in a double-digit surge quickly sufficient. This got here as he revealed that Dogecoin had damaged out of a 2-week descending wedge. He added that after a retracement, DOGE may take pleasure in a bullish reversal because it rallies again up over $0.40.
This $0.40 worth degree is critical because the Dogecoin worth fashioned essential assist round this vary when it recorded the first phase of its bull run. As such, a rally above $0.40 may pave the best way for the foremost meme coin to start the following leg of its bull run. A run to its present all-time excessive (ATH) of $0.74 could possibly be on the playing cards for Dogecoin, after which a rally to the much-anticipated $1 degree.
In one other X submit, KrissPax offered additional optimism that the Dogecoin worth is poised for a bullish reversal. He said that Dogecoin simply completed a re-test on an upward-sloping resistance line as assist and is already up 6% in 2025. He added {that a} continuation greater is predicted. The accompanying chart confirmed a rally to as excessive as $2 was on the playing cards.
Crypto Whales additionally look to be anticipating a rebound for the Dogecoin worth. Bitcoinist reported that Dogecoin recorded a 41% surge in large transactions, with $23.35 billion traded in 24 hours. This surge suggests an accumulation pattern amongst these DOGE Whales. This can also be bullish for the foremost meme coin, as these buyers may contribute to the value restoration.
A Major Pump Could Happen This Week
Crypto analyst Master Kenobi has predicted that the Dogecoin worth may witness a serious pump this week. He famous {that a} cycle in the past, nothing indicated the huge pump on DOGE that occurred 258 days after the Bitcoin Halving. The crypto analyst predicts that DOGE ought to attain not less than $1.2 this week if historical past repeats itself.
He added that the Dogecoin worth may even attain $3.4 in an “ultra-optimistic” situation. Crypto analyst Dima James additionally lately offered a bullish outlook for Dogecoin. He predicted that the foremost meme coin may cross the $11 mark earlier than the top of this 12 months. Based on historic traits, the analyst even raised the potential of the meme coin rising to as excessive as $23 and even $36.
At the time of writing, the Dogecoin worth is buying and selling at round $0.34, up over 3% within the final 24 hours, in line with data from CoinMarketCap.
Featured picture created with Dall.E, chart from Tradingview.com
