Benzinga verify icon

3D
...

Dogecoin Price Tumbles 15% In A Week, But This Analyst Says $1.25 Target Could Still Be In Play

A widely followed chartist predicted a bullish breakout for Dogecoin DOGE/USD on Tuesday, painting bold targets at $0.6533 and even $1.25, despite the meme coin’s corrective price action of late.

What Happened: In an X post, Javon Marks said that the dog-themed cryptocurrency continues to hold a bullish pattern and breakout, which could potentially lead to a “massive move” toward the $0.6533 level. This would represent a 280% run from its current price.

“But that may not be the end,” Marks added. “With the post-breakout chop, these prices may break above this target, bringing in play $1.25!” The $1.25 level was nearly 632% away as of this writing.

The bullish forecast was…

Read more on Benzinga

30.7K Reads