Analyst Predicts Bullish DOGE ATH Target of $20 and Above for Dogecoin This Bull Cycle

Analyst predicts a bullish DOGE ATH of $20 and above this bull cycle

He comes to this conclusion based on historical data

In previous cycle’s DOGE outperformed itself in the new cycle.

Explosive expectations for altseason gains in Q1 of 2025 are only gaining more attention as several promising altcoins continue to show more bullish indicators on their price charts. Moreover, with February and March being historically promising months for altcoin, especially Ethereum (ETH) the asset that’s expected to lead this altseason’s peak, sentiments are growing steadily stronger

Dogecoin Could Outperform its Previous Cycle Pumps

So far, every Q1 following a Bitcoin Halving year has led to the arrival of the peak of that bull cycle’s altseason. With the same timeline unfolding now, anticipation for a massive surge in altcoins prices is growing stronger. In addition, the signals pointing to BTC Dominance are also pointing to the inevitable pump in Altcoin Dominance soon.

Analyst Sets Bullish Pump Target of $20 and Above

One altcoin showing massive pump potential this bull cycle is the pioneer memecoin asset Dogecoin (DOGE). In detail, several analysts are drawing parallels to previous bull cycles when DOGE price pumped parabolically and set new ATHs. In particular, the altcoin pulled a 90x pump in 2017 and a 306x pump in 2021. Now, analysts expert similar moves which could take DOGE price to a new ATH of $1 and even $10

However, as we can see from the post above, one analyst expects an ever more bullish outcome for DOGE price. He goes on to say that a new ATH of $20 and above could be highly likely for the price of Dogecoin this bull cycle. His reasoning comes from the fact that between the last two bull cycles, DOGE outperformed the former in the latter