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<p>A new study by <a href="https://www.tradingview.com/chart/DOGEUSD/J7yzxWOI-DOGE-Massive-Move-Incoming-Pump-To-2/" target="_blank" rel="noopener noreferrer nofollow">FieryTrading,</a> posted on TradingView, suggests that Dogecoin (DOGE) could reach $2 this cycle. This prediction is based on past price trends and how the market has behaved in earlier cycles.</p>
<h2 class="wp-block-heading" id="historical-price-action-analysis">Historical Price Action Analysis</h2>
<p>FieryTrading’s analysis focuses on DOGE’s performance in past bull cycles, noting two significant price surges:</p>
<ol>
 <li>A 9,000% increase occurring 38 months after the previous market top</li>
 <li>A 30,000% surge happening 34 months after the preceding cycle peak</li>
</ol>
<p>The expert notes that February 2024 was around 33 months after the last big rise in DOGE price, which matches the timeframes seen in earlier bull cycles.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="428" src="https://captainaltcoin.com/wp-content/uploads/2024/06/image-1005-1024x428.png" alt="" class="wp-image-515909" srcset="https://captainaltcoin.com/wp-content/uploads/2024/06/image-1005-1024x428.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1005-300x126.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1005-767x321.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1005-1536x643.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1005-2048x857.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1005-359x150.png 359w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1005-100x42.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1005-837x350.png 837w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-1005-788x329.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="potential-for-significant-growth">Potential for Significant Growth</h2>
<p>The expert says past price action may not exactly reflect the future, but think even a small part of the growth in earlier cycles could push Dogecoin to new highs. The analysis suggests a price of $1 or even $2 for Dogecoin is quite possible based on what has happened before.</p>
<p>FieryTrading includes an important disclaimer, stating that the analysis is based on only two previous occurrences in markedly different macro market conditions. The projection relies solely on timing, and the analyst emphasizes that it’s unlikely the scenario will unfold exactly as presented.</p>
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<p><strong><em>Read Also: <a href="https://captainaltcoin.com/arweave-ar-could-spike-40-if-this-support-holds-coti-price-eyes-key-level-for-upside-potential/" target="_blank" rel="noopener noreferrer nofollow">Arweave (AR) Could Spike 40% if This Support Holds; COTI Price Eyes Key Level for Upside Potential</a></em></strong></p>
<p>The analysis has sparked discussion within the cryptocurrency community, with many investors reconsidering DOGE’s potential in the current market cycle. FieryTrading encourages readers to share their thoughts on Dogecoin’s prospects, highlighting the speculative nature of <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coins and the importance of community sentiment in driving price action.</p>
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<p>The post <a href="https://captainaltcoin.com/dogecoin-doge-to-2-meme-coins-historical-patterns-point-to-massive-surge/" rel="noopener noreferrer nofollow">Dogecoin (DOGE) to $2? Meme Coin’s Historical Patterns Point to Massive Surge</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Dogecoin (DOGE) to $2? Meme Coin’s Historical Patterns Point to Massive Surge

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