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The $1 Dogecoin Dream Is Alive: Chartist Lays Out Parabolic Scenario

  • Independent crypto analyst Cantonese Cat has projected a parabolic price trajectory for Dogecoin, suggesting the meme cryptocurrency could reach $1 by late 2025.
  • The projection is based on Dogecoin's ability to maintain a bullish structure above the Ichimoku cloud, with a potential brief retest later this year during liftoff.
  • Despite some bearish near-term signals, the analyst remains optimistic about Dogecoin's future price movement, citing potential for rapid vertical rally and hitting the $1 mark by 2026.
  • The bullish outlook for Dogecoin is seen as speculative and influenced by sentiment shifts, with the market needing to validate this roadmap by Dogecoin holding the cloud support.

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