Dogecoin Price Maintains Higher Lows, Why A 200% Run Is Still Possible

Source Bitcoinist

A new Dogecoin price analysis by crypto analyst Javon Marks shows that Dogecoin is still moving upward. The coin continues to make higher lows, which means each dip in price is not falling as low as before. This pattern is often a strong sign that an uptrend is still in place. Marks explains that even though Dogecoin has seen some pullbacks, the overall trend remains positive. If this pattern continues, Dogecoin could see a significant move upward and triple in price from current levels. 

Javon Marks Highlights Dogecoin Price Strong Uptrend

In his new analysis, Javon Marks says the Dogecoin price is still showing strong technical signs of growth. The Dogecoin price has been forming a series of higher lows on the chart, meaning buyers are still supporting the coin at stronger price levels each time. This kind of movement shows that the market is not losing interest and that the uptrend is still healthy.

Now, the price pattern looks stronger and more stable. According to the analysis, the Dogecoin price has broken out of a long-term trendline that once acted as strong resistance. The chart shows the coin has now moved beyond a point that previously limited its climb.

Dogecoin price

Even with some short-term pullbacks, Marks believes the Dogecoin market structure supports more upward momentum. He says the current setup is similar to the early stages of a larger move that can take Dogecoin much higher. Traders who have been following Dogecoin for a long time are starting to notice this pattern again. 

Marks adds that Dogecoin’s chart appears to be building strength slowly. Each higher low helps build pressure for the next possible breakout. As long as this trend continues, Dogecoin’s path stays bullish.

Why A 200% Price Move Remains On The Table

Javon Marks believes Dogecoin could still see a 200% rise from its current price. His chart shows a main target near $0.6533, and possibly even higher, around $1.25, if the coin keeps moving in this pattern. Marks says these goals remain possible as long as Dogecoin keeps holding its higher-low levels.

The uptrend, which has been forming for a while, is the key reason why such a big move is still realistic. As long as prices do not fall below critical support zones, the bullish structure stays in place. Based on this, Marks says the Dogecoin price could continue rising in the coming months if buyers remain active.

The analyst is seeing this as a positive sign that Dogecoin’s next big run may still be ahead. The current price action shows stability, and the trend is still pointing upward. As long as the higher lows keep forming and support stays strong, the chance for a 200% price jump remains open.

Dogecoin price chart from Tradingview.com
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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