- Bullish 333% pump awaits Dogecoin according to a reputed analyst.
- He believes DOGE price will hit two bullish targets set at $0.6533 and $1.25111.
- Altseason peak phase seems to be just on the horizon.
Allegations of altseason being cancelled this bull cycle are being shut down by several seasoned analysts. The initial FUD sentiment is likely due to the fact that the altcoin market cap has retraced substantially. This paired with the ‘Fear’ score on the Crypto Fear & Greed Index has led to dwindling bull sentiment.
When Will Altseason Peak Arrive
However, seasoned analysts have stepped up to draw new eyes to historical price action. In both the previous bull cycle’s altcoin market cap fell much harder on both accounts and still led to a glorious altcoins pump leading to a string of new ATHs for several potential altcoins. The same expectations for this cycle remain strong.
Furthermore, the fact that February and March are historically bullish months for ETH, the pioneer altcoin asset that is expected to lead this altseason’s peak phase, adds to the bullish anticipation. Q1 of 2025 is set to usher in this cycle’s altseason peak and while some seem to think a delay is afoot, seasoned analysts preach patience.
333% Pump Awaits Dogecoin Price
Adding to their bullish expectations are the many pump indicators of several; altcoin price charts. One such asset is Dogecoin (DOGE). As we can see from the post above, the price of Dogecoin’s target of $0.6533 remains steady and the analyst expects a pump to $1.25111 once the latter is met, which is currently over 333% away.
