🐕Analysts use logarithmic scale to plot DOGE price curve up to $3

Cryptocurrency analyst KrissPax predicts that the price of DOGE may pump to $3 in this market cycle. The analyst further explains on a logarithmic scale how this most important meme coin will reach this price target.

$DOG shitcoin price will reach $3
In post X, KrissPax emphasized the path of DOGE reaching $3. He urged everyone to pay attention to the DOGE chart, which connects the monthly highs of 2017 and 2021. One of the curves on the chart represents that the larger the market capitalization, the less the return, using a logarithmic scale. He suggested that the first step to achieve the $3 target is to get DOGE to $1. However, this analyst believes that this meme coin can reach $3 within this cycle.

According to the analysis of cryptocurrency analyst Trader Tardigrade, the price of DOGE may pump to $1 soon and push it to $3. In a post, the analyst stated that the relative strength index (RSI) of DOGE has rebounded from the oversold region on the 4-hour chart. Recently, the RSI rebounded from the same region, causing DOGE to surge 40% and 200%.

📈This Cryptocurrency analyst added that the upward momentum is even increasing. In line with this, he pointed out that it would not be surprising if the DOGE price soared by more than 200% and rebounded to above $1.15. Trader Tardigrade recently predicted that DOGE could rise to $3.52. At the same time, he pointed out that the price of this meme coin is always more than 2 times higher than the previous local high.
Meanwhile, as these Cryptocurrency analysts have said, the $3 target may not be the market high for DOGE in this market cycle. Cryptocurrency analyst Philip recently predicted a conservative target of at least $5 for DOGE. The analyst made this prediction based on DOGE's performance in the previous cycles.

It is unrealistic to exceed $5.
In a post on X, Cryptocurrency analyst Master Kenobi asserts that any chart predicting DOGE prices exceeding $5 in this market cycle is unrealistic. He argues that this is due to the market capitalization that DOGE would have if it were to reach above $5, which he believes is impossible in this Bull Market.

✨Master Kenobi warns investors not to expect these price targets to exceed $5, as they could become shareholders within the next four years. As for how high he believes DOGE price can rise during this cycle, the analyst predicts a range of $1 to $2 is realistic.
He believes that BTCpump to $1 may follow the same trend as BTC pumping from $1,000 to $10,000, while BTCpump to $2 may follow the same trend as BTC pumping from $10,000 to $20,000 in just two weeks.
According to CoinMarketCap's data, at the time of writing, the price of DOGE is about $0.4, and it has pumped in the past 24 hours.
(tv-CryptoPotato)