尽管狗狗币的多头难以重拾势头，实现两周前那样的又一次大规模反弹，但 Yapper 认为，尽管面临挑战，狗狗币在未来六个月内仍将在 1 美元至 3 美元的范围内交易。如果情况不佳，可能需要长达 12 个月的时间。
In light of dogecoin's recent outstanding performance, market observers have shared their views on how long it will take for dogecoin to break through its price range.
In a recent article on X, the famous Technical analysisanalyst Crypto Yapper shared his short-term price predictions for popular cryptocurrencies like dogecoin. According to Yapper, dogecoin could reach $1 and $3 as early as six months from now, suggesting a timeline around May 2025.
Currently, dogecoin is valued at $0.3894, having risen by 1% in the past day. Yesterday, dogecoin attempted to break out of a week-long consolidation phase, re-entering the $0.40 range with a 12% increase. However, after reaching $0.4183, it quickly encountered resistance and could not rise further. Last night, amidst volatility triggered by bitcoin, it subsequently dropped to $0.3778.
Although dogecoin bulls are struggling to regain momentum and achieve another large-scale rebound like two weeks ago, Yapper believes that despite the challenges, dogecoin will still trade in the range of $1 to $3 over the next six months. If conditions are unfavorable, it may take up to 12 months.
Dogecoin is expected to reach $3.
It is worth noting that, based on the current bottom price of $0.3894, dogecoin needs to rise by 156% to break through the $1 barrier, something enthusiasts have been waiting for since the bull market of 2021. For reference, dogecoin only took 7 days to rise from $0.1702 to $0.4359, a rise of 156.11%, during the period from November 5 to November 12.
Meanwhile, to reach the projected ceiling of $3, dogecoin needs a larger price increase of 670%. In the past 12 months, dogecoin skyrocketed from a low of $0.05747 in October 2023 to a recent high of $0.4359, an increase of 658%, which aligns closely with Yapper's suggested 12-month timeline for dogecoin to achieve another 650% price growth.
If dogecoin's price reaches $3, its market cap will reach $440 billion, while currently it is only $56 billion. This market cap would far exceed ethereum's current valuation of $373 billion, and if no other tokens surge, dogecoin could become the second largest cryptocurrency.
When dogecoin reaches $3, the prices of bitcoin and ethereum.
Yapper also predicts that bitcoin will reach between $0.22 million and $0.26 million during this period. Considering the current price of bitcoin is $93,183, reaching the projected target means the price will have to increase by 179%.
For the underperforming king of altcoins, ethereum, analysts believe it could rebound significantly, reaching between $12,000 and $16,000 in the next 12 months.
