- Dogecoin enters great buy zone as DOGE price begins final bullish retest to $1.
- Analysts expect to see $1 ATH soon this bull cycle once $0.50 target is met.
- Some bullish predictions for $10 and $20 DOGE prices have also gained attention.
The crypto market remains as bullish as ever to see altcoin prices pump towards new ATH targets in the coming quarter ahead. Presently, all eyes are on bullish legacy altcoins like XRP, ADA, ETH, DOGE, and more. Dogecoin enters great buy zone as DOGE price begins its final bullish retest before surging to the bull target of $1 ATH this altseason. Some analysts expect DOGE to go even higher this cycle.
Dogecoin Enters Great Buy Zone
The wait for this ongoing bull cycle’s altseason to begin has been a long and grueling one for most altcoin traders, holders, and investors. This is because this year’s altseason phase was delayed. What was expected to arrive in Q1 is now expected to arrive in Q4. This delay is likely due to changing dynamics in bull cycle patterns, caused by BTC’s early price pump this bull cycle, which brought BTC to set its first ATH before the Bitcoin Halving event.
This early BTC pump led to a market correction in Q1 following the Bitcoin Halving event. A time when altcoin prices were expected to surge was instead greeted by a brutal market correction, which led to the price of ETH finally bottoming at $1,700 and slowly pumping towards setting a new ATH by Q3. Along this journey, a few other altcoins like BNB and SOL also hit new ATH prices, and other altcoins show strong bullish indicators.
Other legacy altcoins like XRP have neared their previous ATH price, while assets like DOGE and ADA still have some way to go before reclaiming their previous ATH prices. Meanwhile, other factors like DOGE ETF being approved and ADA and XRP ETFs nearing approval have also increased the price pump potential for all these altcoins in the coming altseason peak phase ahead.
As we can see from the posts above, the price of Dogecoin (DOGE) seems ready to bounce as the TD flashes a strong buy signal. Both the posts above indicate that DOGE is presently in a great buy zone, giving traders a golden opportunity to accumulate more DOGE before the expected bullish breakout to $0.50 and eventually to the highly anticipated $1 ATH price target, and perhaps even higher. DOGE is currently trading at the $0.24 price range.
DOGE Price Begins Final Bullish Retest to $1 ATH Target
Additionally, the analyst in the post above marks how the price of DOGE is in its final bullish retest phase before the expected pump to the $1 ATH price target. What’s more, several analysts believe that DOGE has the ability to hit $10 and perhaps even $20 this bull cycle, depending on how bullish the altseason peak phase will play out and on how much liquidity will flow into the crypto market at this time.