Dogecoin (DOGE) is currently sitting at $.017, unable to break away from the toxic loophole of the price range that it’s stuck in deep. The token is down 0.27% at press time and has adapted to a sluggish price pace. DOGE has noted significant downtime this season, unable to break past the critical price barriers of $0.20 and beyond for the majority of the time. While investors believe that Dogecoin may never be able to surge and seek new price spots amid Musk’s mellow support and response, a radical price prediction by a notable expert says just the opposite.

Also Read: Dogecoin Crashes 21% In 30 Days: But It Could Rebound Soon

Dogecoin to the Moon? A Big Yes

dogecoin to the moon doge
Source: Reddit

Per a notable cryptocurrency expert, Javon Marks, Dogecoin’s chart is showing developments that prove that the token is far from being dead. Marks took to X to share a brief yet detailed DOGE analysis, adding how the token’s price chart is showing a brewing “bullish pattern and breakout,” which could compel the token to surge and hit $0.65.

Explaining his analysis in depth, Marks stated how Dogecoin is continuing to hold higher lows, indicative of a potential price surge on the cards for the token. In addition to this, Marks shared how Dogecoin is hinting at following an uptrend. If DOGE manages to hold the breakout, then there’s no way that the token may miss out on the biggest bullish surge of the season.

“As prices continue to hold higher lows, this hints that Dogecoin is still in an uptrend, and as the breakout holds, this gives a target where this uptrend can lead, and it can be right to the $0.6533 level in another +260% run from here, but that may not be the end.”

Larger Forces at Play for the Token, Marks Says

Marks later added how Dogecoin is one of the leading cryptocurrency players, eyeing ambitious price targets at the moment. Marks stated how the post-breakout session may also help DOGE surge as high as $1.25 in the long run.

“With the post-breakout chop, these prices may break above this target, bringing into play $1.25! The $1.25 level is currently over 600% away.”

This is the second time that Marks has published his DOGE theory. Earlier in May, the expert had reiterated a similar stance for Doge, adding how current elements at play are pushing the coin to embrace the $0.65 price level in the near future.

“$DOGE (Dogecoin)’s prices are maintaining their breakout and holding higher lows, which indicates clear signs of an uptrend!

With prices broken out and this uptrend technically intact, a continuation within an over 191% uphill run towards the $0.6533 could be loading, and prices may not stop there. A break above $0.6533 could still send prices to an all-time high near $0.74 before a move towards the next target at $1.25111…”

Also Read: DOGE Beyond X Money: How High Can Dogecoin Climb in This Lifetime?

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