Dogecoin’s Journey to $10: The Most Ridiculous Prediction Yet! 🐶💰

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In a most astonishing turn of events, our dear friend and crypto oracle, DOGECAPITAL, has boldly proclaimed that the price of Dogecoin could very well ascend to the lofty heights of $10 in this market cycle. One can only imagine the raucous laughter that ensued in the drawing rooms of the crypto elite as he drew parallels between the current price antics of DOGE and the previous bull cycles. It’s as if he’s suggesting that a particularly sprightly puppy might one day grow into a Great Dane! 🐕

Why The Dogecoin Price Could Hit $10 In This Cycle

In a rather audacious post on X, DOGECAPITAL has made his case, citing the weekly Dogecoin chart as his trusty steed in this wild ride. He pointed out that every fourth year, this top meme coin has a delightful habit of retesting the same line (which he has highlighted with all the flair of a circus ringmaster) before embarking on the second phase of its parabolic escapade. One can only hope he’s not wearing a clown nose while doing so! 🤡

As he delved into the intricacies of this weekly chart, he noted that the Dogecoin price seems to be performing better than a cat at a dog show. In 2024, our beloved DOGE had its best third-year performance, increasing a staggering 3.5 times in price, compared to a mere 1.5 times in 2016 and 2.5 times in 2020. It’s as if the little coin that could is now strutting about like it owns the place! 🐾

DOGECAPITAL further elaborated that this current pullback for Dogecoin appears to be larger than the previous two cycles, which is a bit like saying a hippo is larger than a goldfish. However, he remains optimistic, suggesting that DOGE will hold around the $0.20 mark on the weekly timeframe. A veritable fortress of canine currency, if you will!

Once this consolidation period is complete, our crypto sage predicts that Dogecoin will gallop towards $1.70, mirroring previous cycles where the meme coin hit the same parallel resistance level. He assures us that the second parabolic upward phase is likely to commence in the coming weeks, much like a well-timed entrance at a grand ball. 🎩

DOGE’s Rally To $1 Could Happen Soon

Meanwhile, the ever-astute Trader Tardigrade has also chimed in, suggesting that a Dogecoin price rally to $1 could be just around the corner. He noted that DOGE’s Relative Strength Index (RSI) has hit a critical level, potentially setting the stage for a massive rally. It’s as if he’s saying, “Hold onto your hats, folks!” 🎩

In yet another post on X, he revealed that Dogecoin is repeating a bullish historical pattern, which is rather like saying that a well-trained dog will fetch the stick every time. He reassured market participants that there’s no reason to be bearish at this level, advising them instead to focus on the grand tapestry of the DOGE price. A wise move, indeed!

And let us not forget the DOGE whales, who seem to be anticipating this price rally with all the enthusiasm of a child at a candy store. Crypto analyst Ali Martinez has revealed that these whales have gobbled up a staggering 530 million DOGE in just 72 hours. One can only imagine the splashing about in the crypto pool! 🐋

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2025-03-01 00:45