{"id":998,"date":"2024-10-11T11:01:33","date_gmt":"2024-10-11T11:01:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=998"},"modified":"2024-10-11T11:01:33","modified_gmt":"2024-10-11T11:01:33","slug":"crypto-analyst-predicts-explosive-upshoot-for-dogecoin-price-can-it-reach-10","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=998","title":{"rendered":"Crypto Analyst Predicts Explosive Upshoot For Dogecoin Price, Can It Reach $10?"},"content":{"rendered":"
\n

Crypto analyst Dima James<\/a> has predicted an explosive rice rally for the Dogecoin price<\/a>. Interestingly, the analyst raised the possibility of a price surge to as high as $10 and provided an analysis to show why it is possible.\u00a0\u00a0<\/p>\n

Can The Dogecoin Price Reach $10<\/h2>\n

Dima James suggested in an X post that the Dogecoin price can reach $10 while highlighting the similarity between the meme coin\u2019s current price action and that of the last cycle<\/a>. Dogecoin\u2019s daily chart shows that the current price action has witnessed several pullbacks toward the 0.382 Fibonacci level, just like in the previous cycle.\u00a0<\/p>\n

\"Dogecoin<\/p>\n

In the last cycle, this price movement is said to have happened a few times just before a significant upward trend began. The crypto analyst revealed that the Dogecoin price<\/a> is again retesting the 0.382 Fibonacci level. He added that this could mean upward ascent should start soon if history repeats itself.\u00a0<\/p>\n

This isn\u2019t the first time the analyst has suggested that the Dogecoin price can reach $10. He also previously cited historical patterns<\/a> to prove this price surge is possible. He noted that in 2017 the meme coin witnessed a 9,000% increase, while in 2021, it rose by 18,000%. In line with this, he claimed that the crypto could again witness an equally, if not larger, price increase in 2025 if this trend continues.\u00a0<\/p>\n

Meanwhile, more recently, the analyst boldly asserted that Dogecoin will outperform Bitcoin<\/a> in this market cycle. He noted that Dogecoin has enjoyed higher price gains in every successive market cycle, unlike Bitcoin, whose price gains continue to decline in every bull run.\u00a0<\/p>\n

The Dogecoin price gained over 21,000% in the 2018 bull run and increased over 54,000% in the 2021 bull run. If this trend continues, then Dogecoin\u2019s rise to $10 is likely, considering that it will enjoy higher price gains than the two previous cycles.\u00a0<\/p>\n

The Price Breakout Is Around The Corner<\/h2>\n

Crypto analysts like Mikybull Crypto<\/a> have suggested that the Dogecoin price breakout is around the corner. In a recent X post, the analyst stated that DOGE is on a level that usually sparks a massive rally. His accompanying chart showed that the meme coin could reach $1<\/a> in this market cycle.\u00a0<\/p>\n

\"Dogecoin<\/p>\n

Crypto analyst Crypto Rover<\/a> also claimed that the Dogecoin price is ready to \u201cpop.\u201d The analyst, however, gave a more conservative prediction as his accompanying showed that the meme coin could reach $0.4 sometime next year.\u00a0<\/p>\n

Despite being the foremost meme coin, Dogecoin<\/a> has been among the least-performing coins in this market cycle. However, Dima James stated that those underestimating DOGE in this cycle should prepare for a \u201crude awakening.\u201d<\/p>\n

At the time of writing, Dogecoin is trading at around $0.1077, down in the last 24 hours, according to data<\/a> from CoinMarketCap.\u00a0<\/p>\n

\"Dogecoin<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Dima James has predicted an explosive rice rally for the Dogecoin price. Interestingly, the analyst raised the possibility of a price surge to as high as $10 and provided an analysis to show why it is possible.\u00a0\u00a0 Can The Dogecoin Price Reach $10 Dima James suggested in an X post that the Dogecoin […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-998","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=998"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/998\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}