Dogecoin Could Surge 50% To $0.11, Says Crypto Analyst — Urges Elon Musk ‘To Make It Happen’
By Benzinga
Cryptocurrency analyst Tony predicted that Dogecoin (CRYPTO: DOGE) could surge as much as 40-50% in the next few weeks.
What Happened: ‘Crypto Tony’ plotted out a chart predicting that Dogecoin could be headed for as high as $0.11.
However, he did caution that the rally may take several weeks and that DOGE may briefly drop to a resistance level of $0.76 before mounting its significant gain.
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“My main focus is to position well ready for that C wave leg up to around 0.11c; this may not happen for a few weeks yet,” Crypto Tony advised.
My main focus is to position well ready for that C wave leg up to around 0.11c. May not happen for a few weeks yet, but the structure is there for a decent 40 – 50% pump best case
My body is ready for a DOGE pump Elon, make it happen pic.twitter.com/e0jFlLPyJq
— Crypto Tony (@CryptoTony__) February 28, 2023
The analyst said he is “ready for a DOGE pump,” and wants Twitter chief Elon Musk to “make it happen.”
For the uninitiated, Musk's tweets related to Dogecoin always manage to send the meme crypto world into a frenzy. Last week, Dogecoin's fortunes soared after Musk tweeted that It's high time he confessed and let the Doge out.
Price Action: At the time of writing, DOGE was trading at $0.080, down 2.05% in the last 24 hours, according to Benzinga Pro data.
