Dogecoin Expected to Plummet Before Surging by Almost 120%, Predicts Crypto Trader
Cryptocurrency trader Crypto Tony has predicted that the value of Dogecoin will double, but only after the cryptocurrency reaches new lows. The trader stated that either Bitcoin would go on a tear bringing up other altcoins or Bitcoin would fall, thereby driving up altcoins. Crypto Tony is keeping a close watch on Altcoins in the third and fourth quarters of 2023. The trader’s chart shows Dogecoin tumbling to $0.0090 in October and then rising to $0.017 in 2024. Afterward, DOGE will rally to $0.17, an increase of 117% from its current price of $0.078. The trader had earlier predicted that Dogecoin was nearing an interesting level when it reached the $0.095 level and was looking to short the meme coin. The analyst tweeted that he would only be looking for a scalp long if Dogecoin could flip into support. In other news, despite a positive mood on Wall Street, the apex cryptocurrency hasn’t gotten a boost. Bitcoin, Ethereum, and Dogecoin are trading mixed amid regulatory uncertainty.
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