Crypto analyst Trader Tardigrade has suggested it is too early to sell Dogecoin at its current price level. This came as he provided a profit-taking zone for the foremost meme coin in this market cycle. Dogecoin Price Top Could Be In Double Digits In an X post, Trader Tardigrade indicated that the Dogecoin price at the top of this bull run could be in double digits. He stated that the Dogecoin profit-taking zone is between $10 and $30 in this cycle, suggesting that the meme coin would at least rally to as high as $10 from its current price level. The crypto analyst made these Dogecoin price targets based on the price action in the 2021 bull run . According to him, the target is measured from the bottom to the previous ATH, after which the DOGE doubled this previous ATH as a base and then projected a triangle, which he highlighted as the profit-taking zone. In line with this, Trader Tardigrade told market participants to start securing profits at $10. His accompanying chart showed that the Dogecoin price could reach these double-digit targets sometime next year, although it didn’t show when exactly. It is worth mentioning that Trader Tardigrade had predicted that DOGE could reach $30 by March 2025 if it mirrors the 2021 bull run. He also predicted that the meme coin could rally to $8.7 by August 2025 if it mirrors its 2016 bull run. Crypto analyst Ali Martinez also predicted that Dogecoin could reach as high as $23 in this market cycle. However, crypto analyst Master Kenobi recently stated that any target above $5 for Dogecoin in this market cycle is unrealistic. He made this claim in relation to what DOGE’s market cap will be if the meme coin reaches targets above $5, which he believes cannot happen in this bull run. Conservative Targets To Watch Out For In an X post, crypto analyst Kevin Capital alluded to Dogecoin price targets he had previously outlined for the meme coin in this market cycle. The analyst predicted that DOGE could reach $0.93 if it enjoys a “good performance” in this bull run. Meanwhile, he predicted that DOGE could rally as high as $2.27 if it enjoys a “huge out performance” and reach $3.80 if it records an “astronomical performance.” In his recent X post, the crypto analyst also stated that anything in between these targets is also possible. He added that he sees between $1.30 and $1.50 as a point of interest on his macro chart. At the time of writing, the Dogecoin price is trading at around $0.42, down over 2% in the last 24 hours, according to data from CoinMarketCap.
