Dogecoin has surged by 27% this week, reaching a yearly high of $0.48, with monthly gains of 236%. Analysts predict a retest of its all-time high of $0.73 soon, with some forecasting further upside in 2025. Independent analyst Javon Marks highlights a potential 52.2% increase, suggesting immediate targets between $0.65 and $1.25. Another analyst notes that a $1 target is ‘inevitable’ due to a high-tight flag pattern indicating strong bullish sentiment. Historical analysis via Fibonacci extensions suggests that if Dogecoin surpasses $0.73, it could reach between $2.90 and $3.60 by 2024. Some projections even posit targets as high as $10, based on past cycles. However, a target of $30 appears improbable given that it would imply a $5.3 trillion market cap, exceeding the total crypto market size. Investors are advised to conduct thorough research before making any trades, as all investments carry risks.

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