In an X post, Olivier mentioned that the Dogecoin price will only be a few weeks from a new ATH once it breaks above $0.23 🔥. The analyst’s accompanying chart showed that the foremost meme would rally to a temporary ATH at $1.6 🔥. Once that is done, the chart indicates that Dogecoin will rally further to $3.7🔥.
#doge #elonmusk #tump
However, based on Olivier’s chart, this $3.7 target won’t mark the top for the Dogecoin price as the meme coin is still likely to rise to as high as $32. The analyst predicts the Dogecoin rally to this $32 price target will happen sometime in May 2025. Interestingly, this ultra-bullish prediction comes just after crypto analyst Ali Martinez predicted that the foremost meme coin could rise to as high as $23 in this market cycle.
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Martinez suggested that the world’s richest man, Elon Musk, could contribute to this Dogecoin price rally since he now influences US president-elect Donald Trump. Musk has already proposed the Department of Government Efficiency (D.O.G.E) under the Trump administration, which is expected to draw more DOGE.
