Analyst Says Dogecoin Could Hit $1 With A Huge Breakout

A crypto analyst predicts that the popular meme coin, Dogecoin, could be up for a potential price surge, seeing the token reach $1.

Market expert Henry said the meme coin could be gearing up for a possible “huge breakout” as shown in recent chart patterns.

Breakout Might Be Coming

Henry declared in an X post that Dogecoin could experience a price rally any time soon after the analyst examined the meme coin’s price movement.

There is so much uncertainty and negative sentiment in the broader cryptocurrency market today, but many investors have maintained their positive outlook on the coin as it showed some flashes of strength this week.