Dogecoin Price Could See A Major Spike To $10 If This Trend Repeats

Now Dogecoin is hovering between $0.09 and $0.1 near that same lower support zone that launched historic rallies in 2017 and 2021. The white arrow on the chart illustrates the meme coin’s projected trajectory, pointing toward the upper resistance band of the ascending parallel channel near the $10 level. 

With DOGE already almost perfectly mirroring the historical trends that preceded former explosive price rallies, the analyst suggests that Dogecoin’s next parabolic surge could be toward $10 if everything plays out as expected. At its current price near $0.09, a surge to $10 would represent a staggering gain of more than 11,000%.