Crypto analyst Behdark says that the price of Dogecoin (Doge) may experience a great collapse. In this context, the analyst points to the support level of $ 0.30. However, the Analyst also gives good news because Dge is expected to witness a huge recovery when it falls to this price level.
Analyst: The Dogue price will fall to $ 0.26 and then recover!
In a tradingView post, Behdark predicts that the price of Dogge can fall to $ 0.26 and then recovered upward in the next wave. Analyst says that Dogecoin will probably experience some fluctuations before entering the wave of a decline, which reduces its price to $ 0.26. Behdark, who offers a more detailed analysis of this Dogecoin price estimation, says Dogge seems to have entered an ABC correction. He also explains that Doge is currently in the B wave, which seems to be a diameter model. Analyst adds that Dogecoin is currently at the beginning of the G wave, the last wave of this formation.
A close price collapse before the big rally. Source: BehdarkBehdark is waiting for the formation of C, a wave of decrease after the B wave is completed. He also says that it will attract the Dogge price to $ 0.26. In this region, a significant amount of liquidity is hunted. Analyst says that Dogecoin could later create a higher peak than this region. The graph shared by the analyst shows that the price of Dogecoin may witness a larger leap from $ 0.26 and may rise up to $ 0.5. This movement can eventually pave the way for Dogecoin to reach the highest level of all time (AC).
Dogecoin repeats a historical model!
Another crypto analyst Master Kenobi reveals that the price of Dogecoin repeats a historical model. Analyst says that he saw a local summit after a pump that started at the end of October 2024, such as December 2023. Kenobi adds that both price pumps in 2023 and 2024 were caused by a boring, horizontal area that started in late August.
In both cases, since the first regions and the time are the same, Master Kenobi predicts that what will happen next will be similar to the price movement of 2023. Based on this, he says that an important pump is close for the price of Dogecoin. The repetition of the 2023 price movement may lead to a 3 -fold increase. However, the analyst suggests that Dge can benefit from more than 3 -fold price increase this time, because the first stage of this existing price movement is stronger than 2023. The 3 -fold increase will still be sufficient to increase the price of Doga above the psychological level of 1 dollar. Master Kenobi predicts that this pump should take place in the first days of February and close after March 1.
