The Dogecoin price is projected to hit new all-time highs above $1 in March, according to a crypto analyst's technical analysis.
Based on Fibonacci time zones and retracement levels, the analyst anticipates a bullish move after crossing the 0.236 Fibonacci time zone, with a potential peak around March 24, 2025.
The analyst suggests that Dogecoin could reclaim its previous $0.73 all-time high and break above the $1 mark for the first time in history.
However, the analyst also warns of an impending bear market later in the year and advises investors to consider selling their Dogecoin holdings between March and April to minimize potential losses.