Coincodex’s machine learning algorithm predicted a 229.55% surge in Dogecoin price to $0.57, with a target date of April 28.
Despite the current bearish sentiment, crypto analysts predict a potential rally for Dogecoin, with price targets of $0.65 and $1 in the coming months.
Crypto analyst Trader Tardigrade suggests a J-shaped rebound for Dogecoin, with a potential new all-time high of $3.7.
Crypto analyst Ali Martinez notes that the Dogecoin price is currently at the lower boundary of a parallel channel, but a buy signal suggests a potential rebound to the mid-range at $4.