$3 By January? Crypto Analyst Reveals Why The Dogecoin Price Is Primed For A Surge To $20

Quick Summary:

In his report, Burrs discussed the effects of political changes on the crypto market, underscoring the changes the recent US Presidential elections have had on the Dogecoin price.  Related Reading: Analyst Says Bitcoin Has Entered The Thrill’ Phase, Here’s What To Expect Next Based on its price chart, Burr claims that Dogecoin is repeating historical trends which signal an impending bull rally.

This suggests that the DOGE market cap will have to exceed that of significant cryptocurrencies, possibly surpassing Bitcoin before it can reach $40.  This substantial price and market cap increase appears unattainable, as it would require a sustained, strong demand and investor interest in Dogecoin.

Crypto analyst John Burr on TradingView has discussed the potential for the Dogecoin price to reach $3 this market cycle.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: United Kingdom

Topics: Cryptocurrencies Analyst Newsbtc Scott Price Bitcoin Crypto Dogecoin Market Work Burr

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-17 @ 00:00:29 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 69 lines

Sentence Length: 7 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 23622153

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