#Meme币会迎来新一轮行情爆发吗？ With the continuation of the third wave, experts predict that the macro target price of DOGE will be between $2.2 and $3.46.

A cryptocurrency expert says that the bullish trend of DOGE price is far from over and predicts the mid-term target price of this dog-themed meme coin to be between $2.2 and $3.46. According to his detailed price chart, DOGE is currently in the third wave of Elliott Wave, and there will be a significant upward trend.
Crypto analyst Hov from X (formerly Twitter) discussed the future price trend of DOGE based on Elliott Waves and current price trends. The analyst pointed out that since reaching a key macro entry level recently, DOGE has achieved an amazing 690% growth.
According to Hov's chart analysis, DOGEPA is currently in the third Elliott wave, which is usually characterized by a steady upward trend in price. The third wave is generally considered to be the strongest wave in the five-wave power sequence of the Elliott wave, and is also considered to be bullish.
The price chart shows that DOGE has recently broken through the key support area near $0.27 during the long consolidation period and entered the third wave. Although Hov predicts that the macro target price will rise to $2.2 to $3.46, analysts also revealed that if DOGE maintains strong bullish momentum, its price could reach the ultimate target of $4.2. This significant price surge would require DOGE to skyrocket by 976% from its current value.
As the price of DOGE steadily approaches the $1 mark, cryptocurrency analyst Trader Tardigrade has identified the local highs of the upcoming meme coin. The analyst revealed that DOGE has successfully set multiple local market highs after a significant price surge last year. He also disclosed that each local high has a 2x relationship, with DOGE's price doubling in the first three local highs.
According to analysts' charts, DOGE reached a local high of $0.11 in October 2023, then doubled and reached another high of around $0.22 in April 2024. Interestingly, a similar bullish pattern has emerged again this October, which has caused the price of this meme coin to double relative to the previous high, reaching a local price peak of around $0.44 this month.
Based on this bullish pattern, the price of DOGE has historically doubled each time it reached a local peak, trader Tardigrade predicts that this meme coin will continue this trend until it reaches a historical peak of $5. Analysts predict that by April 2025, DOGE may reach the next local peak of $0.88.
In addition, analysts predict that DOGE will double again by around July 2025, surpassing the $1 mark and reaching $1.76. By October 2025, analysts also predict that the price of DOGE is expected to rise to $3.52.
(Data Source: Scott Matherson)