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Dogecoin Still in Buy Zone, Analyst Predicts Bullish Breakout Inciting Exponential DOGE Price Pump
Pioneer memecoin Dogecoin still in buy zone
Analysts predict bullish breakout inciting exponential DOGE price pump
Can DOGE finally set ATH prices from $1 and above this altseason?
The crypto market continues to show highly bullish indicators for a parabolic altseason on the horizon. While some estimate this peak altseason phase to arrive in Q4 of 2025, others believe a slight correction in September will push altseason’s arrival to Q1 of 2026. Traders and investors find a golden opportunity to accumulate promising altcoins. With Dogecoin still in buy zone, analysts predict a bullish breakout resulting in a huge DOGE price pump
Dogecoin Still in Buy Zone
With expectations for altseason’s peak phase to arrive soon, traders, investors, and crypto enthusiasts are trying to gauge which altcoins are showing the most promising pump indicators. So far, only a few altcoins have hit new ATHs this bull cycle, with some having been set last year. Despite the few price surges so far, several reputed analysts are certain that new altcoin ATHs won’t arrive unless the price of Ethereum (ETH) pumps first
Notably, the price of Ethereum (ETH), the pioneer altcoin asset, experienced a relatively slow price pump during this bull cycle, bottoming at only $1,700 during the Q1 2025 correction phase. Following this was a slow yet steady pump over the next two quarters, where the price of ETh pumped to reclaim a higher price from $2,700 to $3,700, and eventually to reclaim its previous ATH at the $4,800 price range
Finally, in August, the price of ETH went on to set its first ATH this bull cycle at the $4,900 price range, leading analysts to hope for a new ATH in the $5,000 price range and above. Instead, the crypto market experienced a few consecutive dips, which pulled the price of ETH away from the price discovery range. Since yesterday, ETH price has been bouncing back to be presently trading at the $4,700 price range
Analyst Predicts Bullish Breakout for DOGE Soon
While analysts patiently wait to see if the ongoing pump is the crypto market recovering and pushing ETH back to price discovery, or if it's just a fake pump created by market makers to make an exit pump. Either way, analysts and traders are proceeding with caution and vigilance when it comes to positioning their ETH trades. At the same time, several promising altcoins are showing strong signs for a parabolic pump ahead, signaling long-term bullish sentiment for the crypto market
As we can see from the post above, this reputed crypto analyst states that Dogecoin (DOGE), the pioneer memecoin asset, is still in the buy zone. Having stated this, the analyst goes on to state that this would mean that DOGE is heading for a bullish breakout in the next few months that could lead to exponentially high ATH prices. This could range from $1 to $4 to start off. Some even believe that $10 ATH for DOGE is a possibility this bull cycle, especially with DOGE ETFs being approved