Crypto Analyst Puts Dogecoin Price As High As $23 This Cycle, What Does It Have To Do With Elon Musk?
Crypto analyst Ali Martinez has predicted that the Dogecoin price could rise to $23 in this market cycle. Interestingly, the analyst alluded to the role that the world’s richest man, Elon Musk, can play in sparking this price rally.
Dogecoin Price To Reach $23 This Cycle
In an X post, Ali Martinez mentioned that the Dogecoin price could reach $23 in this bull run. The analyst explained in past bull cycles, once DOGE broke the $0.50 Fibonacci retracement, it often rallied to the 1.618 or even 2.272 Fibonacci levels. As such, if history were to repeat itself, Dogecoin could hit somewhere between $4 and $23.
In his analysis, Martinez also mentioned that the Dogecoin price could be primed for a wild ride with Elon…
