๐ Dogecoin Hits $0.30 for the First Time Since 2021
Dogecoin (DOGE) has seen a surge in activity since early November, pushing its price to a new 2024 high of $0.30. This marks the first time it has reached this level since August 2021. Analysts suggest that a new all-time high may be on the horizon.
๐ The Crucial Next 22 Days
Crypto analyst Master Kenobi highlighted a recurring 91-day cycle in DOGE's performance. Currently on day 69, the next 22 days are seen as critical. According to Kenobi, this period could allow DOGE to achieve a โtriple milestoneโ: surpassing $100 billion market cap, hitting a new all-time high, and potentially reaching $1.
๐ธ Key Price Levels & Targets
Kenobi predicts that Dogecoin could reach between $0.42 and $1 by December 2. Breaking the current all-time high of $0.7316 would pave the way to $1, which would correspond to a market cap above $100 billion, solidifying DOGE's position in the crypto space.
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Timeline & Potential Gains
The last similar cycle was observed in November 2020. At present, Dogecoin is trading at $0.2845, up 25% in the past 24 hours. If the current cycle plays out, DOGE could see gains of 40% to 250%, reaching its target range by early December.
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