16,000% DOGE Pump Grows Closer as Analysts Set Short-Term Trend Targets and Await the $10 Dogecoin ATH Price

2 mins read News
  • Bitcoin holds strong at the $67,000 price level which fuels altseason arrival.
  • Altseason could usher major new ATH targets for altcoins including DOGE to $10.
  • DOGE price chart shows bullish signals that could lead to a 16,000% price pump.

Bitcoin (BTC) remains stable above the $67,000 mark, entering a critical phase where the upcoming weekly close could determine if it can break through a 7-month resistance level. A successful breakout would likely trigger the bullish Q4 many analysts predict, leading to substantial gains across the cryptocurrency market.

With optimism building for Bitcoin’s Q4 and even higher expectations for Q1, the onset of altseason appears imminent. Numerous altcoins are anticipated to make significant bullish moves, potentially setting new all-time highs (ATHs) as they follow Bitcoin’s lead. Predictions for BTC’s ATH in this cycle range between $250,000 and $550,000, with massive gains expected if altcoins follow suit. 

Bitcoin Weekly Close Could Unleash Altseason Pump 

Beyond these projections, several altcoins are already showing bullish activity on their price charts. Coins like SUI and FET have been steadily rising, while assets such as XRP, VET, SHIB, and ADA are signaling potential bullish movements. Currently, Dogecoin (DOGE) is also gaining attention with its own bullish indicators.

As we can see from the post above, this analyst believes that the price of DOGE is back surging here and can be ready for a major continuation towards the $0.22 breakout target. He also goes on to state that $0.60 remains as a larger target which is currently over +360% away. In the greater bull cycle view, these targets could be understood as short-term targets.

$10 DOGE ATH Price Target Gains Momentum 

Meanwhile, for along-term targets for the upcoming bull run phase of the ongoing crypto bull cycle, $10 stands as the most predicted target from analysts in the global crypto community. As we can see from the post above, the analyst says that DOGE daily chart compares the last cycle’s parabolic breakout move with the current cycle. 

He notices how similar price actions are emerging and states that the next target is the purple line $0.18. Once a weekly candle closes above it, massive upward moves are expected followed by significant pullbacks just like in previous cycles that will eventually reverse, pushing prices even higher. He concludes by saying last cycle Dogecoin skyrocketed by over 16,000% after closing above the purple line and expects a similar move this cycle.

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