Crypto analyst Master Kenobi has predicted that the long-awaited pump for Dogecoin price could begin around December 30th, based on the DOGE/BTC chart aligning with the previous cycle.
Master Kenobi highlighted a similarity between both cycles in relation to the Bitcoin halving, suggesting that Dogecoin price could close the week in the red, followed by two green weeks before the pump.
The Dogecoin price could rally to as high as $1.7 during this long-awaited pump, marking a new all-time high for the meme coin.
Other analysts also provide a bullish outlook for Dogecoin price, with hidden bullish divergence forming on the chart and predictions of reaching $30 at the peak of the bull run.