$DOGE Rises 35% In 2 Days But Is That Just The Beginning?

Remember that the price of DOGE fell to a multi-month low of $0.13 just a few weeks ago, during the darkest hours of the trade war between the United States and essentially the rest of the world. However, as global macro conditions improve, the crypto market does too, and Dogecoin has been among the leading gainers. Back on May 8, the price of the OG meme coin was around $0.17. In just a short span of 48 hours, its price skyrocketed by 35% to a high of $0.23, the highest since early March. Famous crypto analysts quickly seized on this movement and outlined even more optimistic price targets for the largest meme coin. Ali Martinez is one of the more modest ones, envisioning a price surge to $0.27 as DOGE has recovered "strongly from the ascending support trend line."

Satoshi Flipper is even more optimistic, pointing out that the price of DOGE against the dollar is "rising sharply" and their chart predicts the price will soar to $0.4. Cephii told their nearly 80,000 followers on X that Dogecoin will have a new floor price due to ETFs that they believe have a "high likelihood of approval." They advised everyone to hold and continue buying if the price falls down to $0.19 again.