- Bitcoin’s correction recovery pump spurs bullish indicators for altcoins.
- Multiple analysts notice the same continued bullish wave pattern for DOGE.
- DOGE price could hit a cycle top ATH at $15-$20 this crypto bull cycle.
Bitcoin price continues to stay stable at the $95,000 price mark having surged from a lower $90,000 price range following its dip after setting the latest ATH at $99,655.50. Now, still in a correction phase, the crypto market is slowly seeing strong pump indicators from popular altcoins in the crypto market.
Altcoins Go Bullish as Bitcoin Continues Recovery
Presently, the crypto market is back in ‘Extreme Greed’ sentiment with a score of 75 based on the Crypto Fear & Greed Index. Since Bitcoin’s latest ATH where its price pumped front eh $73,000 range to almost $100,000 altcoins have pumped almost 200% or more in some cases and many altcoins are still showing strong signs for a continued pump.
One such altcoin showing strong pump indicators and bullish signals is the pioneer memecoin asset Dogecoin (DOGE). To highlight, DOGE price has pumped by 146% in the last 30 days and presently stands at a price of $0.4 with a total market cap of $59,399,793,714.23 and a 24-hour trading volume of $7,124,204,746.83.
DOGE Price Prepares for Surge to $15 – $20
Despite Dogecoin’s pump so far, analysts are certain that this altcoin will continue to pump as the crypto bull cycle enters 2025. In fact, Q1 of 2025 is expected to welcome altseason where several altcoins are set to hit multiple ATHs. As we can see from the post above, this analyst expects DOGE price to hit $20.
Using the same chart, another analyst agrees with a continuing wave pattern for DOGE that will lead to significant gains on a macro scale. Between these two predictions, DOGE price seems likely to hit a new cycle top in the peak of the ongoing bull cycle to set an ATH between $15 and $20.
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