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Dogecoin (DOGE) Price Prediction: Will the Meme Coin King Reclaim Its Throne by August\'s End?

王林
Release: 2024-07-17 20:55:22
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Dogecoin's DOGE/USD bullish trajectory has traders speculating about how quickly the meme coin king could reach previous highs.

Dogecoin (DOGE) Price Prediction: Will the Meme Coin King Reclaim Its Throne by August's End?

Dogecoin (CRYPTO: DOGE) price is up 4.1% in the past 24 hours and 13.8% in the past seven days. The meme coin king is now trading at an average price of $0.08.

What Happened: Dogecoin peaked at all-time highs of 744 days, 847 days, and 1,188 days, respectively, before the next peak. This averages out to 926 days.

"If we were to follow that cycle for the third time coinciding with BTC price discovery then we should see doge reach a new ATH by the end of August this year."

This pattern can be observed on the Dogecoin price chart.

Another crypto trader analyzed Dogecoin's chart and expects a rally in the next 90 days.

Price Action: DOGE is up 4.1% in the past 24 hours. The meme coin is showing signs of strength with a seven-day gain of 13.8%.

DOGE trades at an average price of $0.08 at the time of writing.

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source:kdj.com
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