 
 
DOGE bulls appear to be wide awake and active, and displaying a potential to skyrocket to never-before-seen levels in the near term. One market player asserts that the leading memecoin could outperform before the bull cycle is concluded.
The bullish outlook comes as Altcoins take a hit this weekend, following a notable price rally marked by massive gains achieved by a handful of leading alternative cryptocurrencies.
DOGE rally primed to extend as bull market cycle continues
Crypto analyst XForceGlobal has taken to X to share his bullish price forecast for the most valued memecoin by market cap. The market analyst revealed that the asset is well on its way to increasing its price value by three to five times more than its current price.
Although the current bull cycle is already in motion, the remaining part of the rally could see the memecoin outperform, the analyst asserts.
Furthermore, the analyst expressed optimism on the broader altcoin market, although the market player maintains that DOGE occupies a more prominent position.
 
“All altcoins will rise, but it’s about finding which one has the most opportunity. DOGE is a very resilient ‘legacy’ coin.” He wrote.
DOGE re-enters its historically bullish range
On the other hand, pseudonymous analyst Ali Charts is outlining the market movement pattern of DOGE at this time.
According to his observations, as displayed in the DOGE chart shared on X, Dogecoin has revisited a bullish range that previously served as a buying zone, and subsequently triggered a massive bull rally.
In a follow-up post, Ali Chart remarked that the memecoin has reclaimed the $0.25 price mark, a move that the analyst describes as a significant milestone, particularly because the asset is unlikely to face resistance as it heads for the $0.36 price mark.
At report time, DOGE is trading for $0.19, up 0.19% over the last 7 days. However, with gains attained over the past 90 days going above 34%, DOGE remains the 4th highest gainer within the top 10 category.
Source: https://zycrypto.com/dogecoins-3x-5x-potential-unveiled-as-analyst-highlights-doges-most-opportunity-among-altcoins/