According to a bold prediction by prominent cryptocurrency analyst Ali Martinez, the price of Dogecoin (DOGE/USD) could rise to $23 in 2025. He wrote on Twitter that if you are interested in fractals, Dogecoin could go from $4 to $23. Fractals are recurring price action patterns that can identify market reversals. A bullish fractal pattern occurs when the price reverses from a downtrend and forms a U-shaped pattern.

After a significant increase in Dogecoin in early November, the meme coin has been hovering around $0.40 for the past week. Since the last rally, Dogecoin has not recorded any significant upside movement, as it continues to hover around 40 cents.

Nevertheless, market observers are confident about DOGE’s potential, with some predicting an incredible price increase to over $10. Reaching the $10 target would require a 2,233% increase in Dogecoin’s price from its current value of $0.4156.
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