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Dogecoin recently experienced a notable price correction, dropping below $0.3 for the first time in four weeks. Analyst Master Kenobi predicts a gradual decline until mid-April, potentially reaching $0.175, followed by a strong rally starting May 5, with a peak above $1 by August 18. Despite differing views among analysts, there remains a bullish sentiment for Dogecoin's future performance.
Crypto analyst Dima James suggests that Dogecoin could rally to as high as $80 in the current market cycle, with a peak expected between February 11th and May 7th, 2025. He notes that year 4 has historically been significant for DOGE, predicting a strong performance due to increased adoption and technological advancements.Meanwhile, Trader Tardigrade indicates that Dogecoin may have found a local bottom, with signs of a potential bullish reversal as it trades around $0.33, up over 12% in the last 24 hours.
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