Dogecoin Price Could Hit $10 This Altseason

Dogecoin

Key Takeaways:

  • Analysts predict Dogecoin (DOGE) could reach $10 during the upcoming altseason, supported by bullish chart patterns and extended accumulation phases.
  • Delayed altseason is heightening expectations for major altcoin rallies, with Ethereum and other legacy tokens poised to drive a broader market surge.

The long-awaited altseason may finally be on the horizon, and bullish sentiment among analysts is gaining serious momentum. Many now believe that this delayed altseason could deliver substantial gains for patient long-term altcoin holders. One standout prediction centers on Dogecoin (DOGE), the original memecoin, which some experts say could reach an all-time high (ATH) of $10 at this altseason peak.

$10 DOGE ATH in Sight?

According to leading market observers, the ongoing bull cycle’s lagging altseason could be a blessing in disguise—setting the stage for much higher ATHs across the altcoin market. So far, only a handful of altcoins have surpassed their previous ATHs during this cycle, while legacy assets like Dogecoin remain poised for significant breakouts.

Traders and analysts are watching Ethereum (ETH) closely, waiting for a parabolic move to reclaim its prior ATH—a move many believe could ignite the true altseason peak. However, many promising altcoins are flashing bullish signals independently, with DOGE emerging as a key contender for massive upside potential.

Dogecoin’s Bullish Outlook

Dogecoin’s journey from meme to mainstream digital asset is well-documented. Once seen as little more than an internet joke or tipping coin, DOGE has earned widespread affection as “the people’s coin.” The token boasts a global community and high-profile endorsements from figures like Tesla CEO Elon Musk—aka the “Dogefather.”

Now, one prominent Dogecoin analyst suggests that a $10 DOGE price target is entirely plausible in the months ahead. In a detailed analysis shared with the community, the analyst highlights a recurring pattern in Dogecoin’s price history. Each cycle has seen DOGE initially touch a lower curved support line before surging to an upper curved resistance line.

In this cycle, however, the accumulation phase has lasted longer than in previous bull markets, largely due to an earlier peak in the last cycle. This extended accumulation hints at the potential for an even more explosive rally, possibly surpassing expectations.

Also Read: Tron Overtakes Dogecoin in Market Cap—TRX Surge Driven by USDT Payments and IPO Plans

When Could DOGE Hit $10?

The analyst projects that Dogecoin’s parabolic move toward new ATHs could begin taking shape soon, with a cycle top likely forming in late October. If the broader altseason accelerates and market momentum builds, DOGE could indeed make a historic run toward $10.

As altseason optimism grows, all eyes are on DOGE and the altcoin market. Whether this bullish scenario plays out remains to be seen, but one thing is clear—altseason expectations are higher than ever, and Dogecoin could be one of its biggest stars.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses