'DOGE Is Gonna Pop:' Crypto Analyst Predicts Dogecoin On The Verge Of A Price Jump

Cryptocurrency analyst Muro predicts a surge for Dogecoin DOGE/USD, anticipating a possible 6% rise in value. 

What Happened: At the time of writing, DOGE was trading at $0.078. Muro’s target for DOGE stands at $0.083. 

Sharing his optimistic outlook, the cryptocurrency analyst posted on X, “Kinda have the feeling that the DOGE is gonna pop.”

Over the weekend, Dogecoin experienced a 10% increase. This boost came after the setup of a new verified account tied to the anticipated payment feature on the X app, the project spearheaded by Elon Musk.

In a subsequent tweet, Muro observed a short-lived spike in DOGE’s value, saying, “Spider senses were right; it popped after my tweet but scammed back to entry from halfway to the target, seems like it's bouncing; it might give another push."

See More: Dogecoin HODLERs Are Beating Shiba Inu With 57% Landing In Profits, IntoTheBlock Data Reveals

Why It Matters:  Last week, pseudonymous cryptocurrency analyst Johnny predicted DOGE to reach $0.10. 

"$DOGE break out — retest complete. Now at a big level — flips this and can see the next leg higher towards $.10. New narrative starting — X Payments account just created…Rumors that X / Twitter will start using DOGE as the universal payment for X

Price Action: At the time of writing, DOGE was trading at $0.078 down 0.02% in the last 24 hours, according to Benzinga Pro

Read Next: Here’s How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?

Photo by milan2102 on Shutterstock

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