{"id":2627,"date":"2025-01-29T05:11:08","date_gmt":"2025-01-29T05:11:08","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/dogecoin-still-in-play-as-price-gears-up-for-another-600-run-above-2\/"},"modified":"2025-01-29T05:11:08","modified_gmt":"2025-01-29T05:11:08","slug":"dogecoin-still-in-play-as-price-gears-up-for-another-600-run-above-2","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/dogecoin-still-in-play-as-price-gears-up-for-another-600-run-above-2\/","title":{"rendered":"Dogecoin Still In Play As Price Gears Up For Another 600% Run Above $2"},"content":{"rendered":"

Despite the recent Dogecoin pullback, crypto analyst Javon Marks<\/a> has provided a bullish outlook for the foremost meme coin. According to m, DOGE\u2019s price is gearing up for a move that could send it above $2.\u00a0<\/p>\n

Dogecoin Gears Up For 600% Run Above $2<\/h2>\n

In an X post<\/a>, Javon Marks predicted that Dogecoin could record a 600% price rally and surge above $2. This came as he provided some optimism despite the recent pullback, with DOGE dropping to as low as $0.30. He stated that the price action<\/a> is \u201crefreshing\u201d because prices still look on track for another great bullish performance.\u00a0<\/p>\n

Marks added that history suggests that another run of 600% or more could happen, sending the Dogecoin price above $2.28. In line with this, he remarked that the next wave can be historical. The analyst had previously alluded to DOGE\u2019s historical performance when he predicted that the meme coin could rally above the 1.618 Fib extension, which is currently at $2.2.\u00a0<\/p>\n

\"Dogecoin\"<\/p>\n

Crypto analyst Trader Tardigrade also recently alluded to Dogecoin\u2019s historical performance when he predicted its price could rally to as high as $20<\/a> in this market cycle. The analyst noted that Dogecoin experienced bull rallies after surpassing the previous candle body high in 20217 and 2021, with gains of 3,000% and 8,000%, respectively. Therefore, he remarked that DOGE could reach this $20 target if a similar pattern plays out again.\u00a0<\/p>\n

However, in the short term, the Dogecoin price could still drop to as low as $0.26 before it records any parabolic rally to the upside. This is based on crypto analyst Behdark\u2019s DOGE analysis<\/a>, in which he explained that the drop to $0.26 is part of the C wave corrective move. Once the price correction is done, the analyst predicted that the meme coin could rebound to $0.50.\u00a0<\/p>\n

DOGE Failed To Touch The Trendline During The Recent Drop<\/h2>\n

Crypto analyst Master Kenobi<\/a> noted that the Dogecoin price failed to touch a trendline he highlighted on the charts during this latest drop. In line with this, he questioned if it meant that DOGE could still witness more pullbacks or a bullish reversal from its current price level. While he didn\u2019t provide an answer, the analyst alluded to an earlier analysis, in which he predicted that DOGE could record a 3x price increase and reach $1.05 between February and March.\u00a0<\/p>\n

Meanwhile, Dogecoin\u2019s price action might have shifted from bearish to bullish following this recent pullback. In an X post, Trader Tardigrade<\/a> stated that DOGE\u2019s MACD bullish crossover was approaching on the 4-hour chart. He explained that this signals a short-term momentum shift for DOGE from bearish to bullish.\u00a0<\/p>\n

At the time of writing, Dogecoin is trading at around $0.32, down over 8% in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>\n

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

Despite the recent Dogecoin pullback, crypto analyst Javon Marks has provided a bullish outlook for the foremost meme coin. According to m, DOGE\u2019s price is gearing up for a move that could send it above $2.\u00a0 Dogecoin Gears Up For 600% Run Above $2 In an X post, Javon Marks predicted that Dogecoin could record…<\/p>\n","protected":false},"author":1,"featured_media":2628,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[131],"tags":[1555,1453,133,374,134,132,216,375,157,135,1556,1557,1558,1559,158,1038],"class_list":["post-2627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-c-wave","tag-coinmarketcap","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt","tag-fibonacci-extension","tag-javon-marks","tag-macd-bullish-crossover","tag-master-kenobi","tag-meme-coin","tag-trader-tardigrade"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/2627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=2627"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/2627\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/2628"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=2627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=2627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=2627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}