The analyst’s post further highlights a critical development: the BBW has now returned to this very same “orange level.” Such recurrence suggests that a similar period of high volatility and explosive price movement could be imminent for Dogecoin.
Based on this historical precedent, the analyst has set new price targets for DOGE. He is now eyeing a potential price range of $0.41 to $0.97 for the token, a forecast directly tied to the historical performance observed when the BBW reaches this key level. This analysis provides a strong bullish case for Dogecoin in the coming weeks and months.
Dogecoin is currently experiencing bullish action, with its price trading around $0.2602, a notable increase of 3.78% over the past 24 hours. DOGE’s market capitalization stands at $39.29 billion, while its 24-hour trading volume has reached $4.09 billion, reflecting significant market activity and investor interest.