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Scott Matherson

Analysts Outline How Dogecoin Could Climb Toward $1 and Even $5 in Future Cycles

Crypto analyst XForce argues that Dogecoin still has room for a potential 10x move toward the $1 mark in the coming years, based on a single dominant bullish Elliott Wave structure. Another analyst, Bitcoinsensus, believes DOGE could even extend to $5 if the current cycle echoes previous parabolic runs, though current derivatives data shows traders remain broadly bearish. Dogecoin trades around $0.10, with downside below $0.05 flagged as a level that could invalidate the bullish setup.