Crypto analyst Jmorg provided technical analysis on Dogecoin price potential from current levels, noting momentum in Money Flow Index and Bollinger band width narrowing.
Jmorg suggested Dogecoin could reach $1 based on Cup-and-Handle measured move or $0.95 from breakout of the rectangle pattern.
Factors like Fibonacci retracement to $0.73 ATH, historical gains, and potential scenarios like Bitcoin price rally to $200,000 could influence Dogecoin reaching $15.
Jmorg highlighted midterm elections, pro-crypto policies, Dogecoin ETF approval, and integration of Dogecoin payments on X social media platform as factors that could lead to new highs for Dogecoin price.