Analyst says that Dogoin can be the only Mimi currency for 5-10X, and here’s the reason for this

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The recent technical analysis of the Dogecoin price scheme on the weekly timeline of the candle A long -term path. According to the analyst, Dogecoin is currently the only Mimi currency capable of offering a return of 5-10X. The prediction of the DOGECOIN price procedure analysis swings using Elliot wave theory, With a detailed number of motivation waves that indicate that the MEME coin is currently in the overall upward trend.

The fifth driving wave of Dogecoin and its sub -structure

This technical analysis, Elliott Waves, That was observed On the XForceglobal social media platform, it appears that Dogecoin is currently in Fifth and final motivation wave From the total Elliott total wave structure. This overall wave sequence consists of five basic cannons, with each wave that is operated over several years. The ongoing fifth wave, which started in mid -2014, is expected to continue its path over the next few years.

Interestingly, technical analysis shows that Elliot’s Five Five wave is divided into sub -waves of ascension and corrections. As such, the large fifth wave, which is always ascending, will be filled with observation Detaires correctionsEven if the general movement is up.

Dokwin — Dog in the final motivation wave source: xforceglobal on x

Dogecoin is currently within the third sub -wave of this largest fifth wave, which is also expected to be optimistic. However, this third sub -wave itself contains multiple smaller sub -waves, and the Mimi currency is currently present in the second corrective stage of this smaller sub -structure. this The unification of the last prices and Correction direction This has continued over the past eight weeks.

Short -term expectations and expected price goals

As is the case, Dogecoin in forming a sub -wave 2 in light of its decrease from $ 0.48 since December 2024. Despite the correction phase It can continue in the short termDogecoin seems to have found support at $ 0.25, and the third sub -wave may start any time soon. Although the analyst did not notice an accurate goal, his expectations on the Dogoin price plan put the price goal for the third sub -wave in about $ 1.7. This will be seen alone, the shooting on Dogecoin is above its highest level ever at $ 0.7316.

Looking forward, it is expected that the third broader sub -wave of the Fifth Dogoin continuous wave will push the DOGECOIN towards a scope of $ 3.3. to Total expectations in the long runThe Fifth Fifth Dright wave is expected to push DOGE to about $ 6.5 in a multi -year march in line with the number of Elliott wave. Xforceglobal indicated that history plays a decisive role in reducing the error margin when setting these long -term prices.

At the time of writing this report, DOGE is trading at $ 0.2511, a decrease of 0.47 % over the past 24 hours. Access will represent $ 1.7, $ 3.3, $ 6.5 % 577 %, 1,215 % and 2,490 % of the current price level.