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A crypto analyst has provided a potential rally of 1,000% for the Dogecoin price by the end of the yearsuggesting that the same leader’s play could not only reach the coveted milestone of $ 1, but pass $ 2. Although this target may seem daring, especially with Dogecoin always Exchange below $ 0.5The analysis is supported by a convincing combination of historical prices, market structure and accumulation models.
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The Dogecoin price targets $ 2 by the end of the year
According to an analysis of the graphics of 2 days published by Crypto Market Expert ‘Configures Manual accumulation phase Recalling the previous cycles which preceded explosive price overvoltages. Based on this distinct historical price behavior, the analyst is boldly Predict a major escapeAnticipating a 1,000% rally which could allow the medal to pass through $ 2 by the end of the year.
Using Wyckoff’s theory as a basis, the tradingview expert presented a graph illustrating a clear structure of accumulation, distribution, marking and markup – which all played in past market movements. The graph shows that Dogecoin followed A typical Wyckoff accumulation In his cycle at the beginning of 2021, where he exchanged aside and spent months consolidating himself in a defined range.
This range, indicated by the graph’s blue box, has been highlighted as a Key purchase area Between about $ 0.12 and $ 0.16. In particular, this key area is the final area where the price of Dogecoin could be re -examined before launching higher.
A return to this range would finish the Historical price structure And present an ideal entry point before the start of the marking stage. Currently, Dogecoin has concluded its brand phase and approaches the final stages of the accumulation, opening the way to a potential bullish break.
If the price action continues to respect this historically hassled roadmapSetupsfx_ provides that Dogecoin could gradually evolve in the coming months. At the end of 2025, this could lead to a complete rally at $ 2, a level which represents around 1,000% upwards in current prices.
While the TradingView analyst maintains a bullish position on Dogecoin’s prospects, he tempered expectations, warning that $ 2 trip should not be linear. Dogecoin could still face volatilityRecord and psychological resistance around levels such as $ 0.25, $ 0.5 and $ 1, which could slow down its climb.
A push above $ 3 still in the cards
The merchant of the Tardigrade Crypto analyst on X (formerly Twitter) is even more optimistic about the future price of Dogecoin, projecting A potential rally at $ 3.8. This optimistic forecast is supported by the emergence of a bullish ascendant Expand the corner model On the weekly graph of Dogecoin.
Six key contact points confirm the model, labeled A to F, in a enlargement channel indicated on the price table. The critical level to be monitored is the level of resistance of $ 0.47, marked by the previous high point around point E.
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A break confirmed above this level could validate the corner and potentially trigger a important overvoltage. Based on the movement measured from the widest point in the area, the analyst highlights a path planned at $ 3.8, which represents a massive increase of 2,011% of current prices of around $ 0.18.
Felash star image, tradingView graphic
