Shiba

Dogecoin

Shiba Inu

Davinci Jeremie

<p>The possibility of Dogecoin reaching $1 has become a hot topic for debate among analysts and investors.&nbsp;<a href="https://www.thecoinrepublic.com/2024/10/22/dogecoin-price-rally-boosted-amid-positive-comments-from-musk/">Recent predictions</a>&nbsp;state that the asset may do well in the next bill market cycle and can even potentially go past previous record highs.</p> 
<p>As of now, DOGE traded at $0.13820 with a 0.53% price increase.</p> 
<h2 class="wp-block-heading" id="h-analysts-predict-dogecoin-s-strong-performance-in-2025"><strong>Analysts Predict Dogecoin’s Strong Performance in 2025</strong></h2> 
<p>A crypto analyst by the name of Davinci Jeremie recently posted a video on YouTube about the future price prospects of Dogecoin.</p> 
<p>He was specific about a bull run in 2025 and decisively said, </p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p>“Dogecoin is going much higher, probably to $1.”</p> 
</blockquote> 
<p>Jeremie insisted that the next bull run, driven by Bitcoin’s performance, will catalyze Dogecoin reaching new heights.</p> 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"> 
  <div class="youtube-embed" data-video_id="">
   <iframe loading="lazy" title="Dogecoin Over $1 in 2025!! 😱🔥" width="696" height="392" src="https://www.youtube.com/embed/Y6t7nBe91H4?feature=oembed&amp;enablejsapi=1" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
  </div> 
 </div>
</figure> 
<p>In a separate analysis, Ali Martinez posted a prediction on X, encouraging investors to consider adding Dogecoin to their portfolio. He went on to say, “To anyone who said $10 Dogecoin is impossible—show them this chart!”</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">To anyone who said $10 <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> is impossible—show them this chart!<br><br>… And tell them to buy some using my referral link <a href="https://t.co/73n8mW9Y5p">https://t.co/73n8mW9Y5p</a> before it's too late! <a href="https://t.co/tqEqYwHEvx">pic.twitter.com/tqEqYwHEvx</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1846246912850117116?ref_src=twsrc%5Etfw">October 15, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>In his post, he explained that, provided with certain market conditions, the Dogecoin price could soar to a much higher price level.</p> 
<h2 class="wp-block-heading" id="h-doge-current-price-action-shows-positive-trends"><strong>DOGE Current Price Action Shows Positive Trends</strong></h2> 
<p>Following the Dogecoin price chart, the price was in the consolidation zone near $0.13820 after experiencing some reversal from the immediate high.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="560" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-4-3-1024x560.png" alt="1-day Dogecoin trading chart| Source TradingView" class="wp-image-797585" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-4-3-1024x560.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-4-3-300x164.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-4-3-768x420.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-4-3-150x82.png 150w, https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-4-3-696x381.png 696w, https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-4-3-1068x585.png 1068w, https://www.thecoinrepublic.com/wp-content/uploads/2024/10/image-4-3.png 1341w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
  1-day Dogecoin trading chart| Source TradingView
 </figcaption>
</figure> 
<p>The support level at press time was at $0.13500, while the resistance was situated between $0.1400 and $0.14500.</p> 
<p>The Relative Strength Index (RSI) at 62.39 indicated bullish sentiment without being in the overbought zone. An RSI above 60 can be considered favorable for buying, but recent oscillations showed minor selling pressure. If the price extends above 50, Dogecoin has the potential for a further upward price surge.</p> 
<p>On the other hand, MACD indicated further positivity as the MACD line was above the signal line. A bearish crossover can lead to a short-term correction but remains a long-term bullish trend.</p> 
<h2 class="wp-block-heading" id="h-investors-remain-optimistic-about-doge-future-price"><strong>Investors Remain Optimistic About DOGE Future Price</strong></h2> 
<p>Besides Martinez and Jeremie’s forecasts, other analysts also agree that Dogecoin has the potential for higher trades as long as the overall market performance changes positively.</p> 
<p>Another X user suggested that if Bitcoin reached $300,000, Dogecoin could push to $12. This sentiment showed that an increase in Bitcoin price could impact the price of Dogecoin.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Dogecoin Price Will Rise To $12, Shiba Inu To $0.1, And XRP Price To $7 If Bitcoin Hits $300,000, Analyst Says: Bitcoin's (BTC) rise to $300,000 is set to influence the price of XRP, Dogecoin, and Shiba Inu (SHIB), with… <a href="https://t.co/3TW4wKqlq7">https://t.co/3TW4wKqlq7</a> <a href="https://twitter.com/hashtag/bitcon?src=hash&amp;ref_src=twsrc%5Etfw">#bitcon</a> <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw">#crypto</a> <a href="https://twitter.com/hashtag/Cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw">#Cryptocurrency</a> <a href="https://t.co/5hwzEOV75y">pic.twitter.com/5hwzEOV75y</a></p>— X Analytics News (@XAnalyticNews) <a href="https://twitter.com/XAnalyticNews/status/1850185644276084865?ref_src=twsrc%5Etfw">October 26, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>However, to maintain such an upward trajectory, DOGE has to overcome the key resistance level of around $0.14000 to $0.14500. If it manages to surge above this zone, it can get the required momentum to touch other higher targets.</p> 
<p>Any decline below $0.13500 could signal further retesting of this level before any sustainable&nbsp;<a href="https://www.thecoinrepublic.com/2024/10/18/dogecoin-jumps-10-23-amid-bullish-momentum-grayscale-listing-rumors/">upward market movement</a>.</p> 
<p>As Dogecoin’s price continues to fluctuate, analysts remain divided on its short-term trajectory but optimistic about its long-term potential. The coming months will be critical in determining whether Dogecoin can reach the highly anticipated $1 mark.</p> 
<p>The post <a href="https://www.thecoinrepublic.com/2024/10/28/can-dogecoin-reach-1-analysts-make-3-big-doge-predictions/">Can Dogecoin Reach $1? Analysts Make 3 BIG DOGE Predictions</a> appeared first on <a href="https://www.thecoinrepublic.com">The Coin Republic</a>.</p>

Can Dogecoin Reach $1? Analysts Make 3 BIG DOGE Predictions

Table of Contents

Thecoinrepublic.com

Other articles published on Oct 28, 2024

Bitcoin Rallies Toward $70K as VanEck Head Points to Bullish Market Setup

$1.5 Billion Crypto Tokens to Hit the Market This Week: TIA, SUI, SOL, & More!

BlackRock’s BTC Holdings Hit 400,000 Fueling Market Control Questions

Important Pi Network Updates, Bitcoin (BTC) Price Resurgence, and More: Bits Recap Oct 28

5 Revolutionary Catalysts Behind 1000x Crypto Growth

Loser Biden (LOSBIDEN) Solana Memecoin Will Explode Over 15,000% Before Exchange Listings, While ...

Join our free newsletter for daily crypto updates!