Dogecoin price has dropped by over 12% in the last week, raising concerns about its future trajectory amidst market turbulence.
A crypto market expert has provided fair and optimistic end-of-year targets for Dogecoin, suggesting a potential bullish cycle.
Technical analysis indicates Dogecoin could be in the early stages of a bullish leg, with targets set at $1.00 (fair) and $3.50 (optimistic) by year-end.
The formation of a 1W Golden Cross and trends in Mayer Multiple Bands support the bullish end-of-year forecast for Dogecoin.