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Baby Doge (DOGE) Coin Predicted to Rise Over 100% by Crypto Analyst The Alchemist

2025/05/02 12:45

Baby Doge (DOGE) Coin Predicted to Rise Over 100% by Crypto Analyst The Alchemist

Crypto analyst The Alchemist is predicting that Dogecoin (DOGE) rival Baby Doge could surge more than 100% as it recovers from recent lows. The analyst highlighted a bullish pattern for the meme coin, which could spark this price surge while other meme coins like Shiba Inu (SHIB) remain in the red.

Dogecoin Rival Could Enjoy 100% Surge

In a TradingView post, The Alchemist predicted that Baby Doge could enjoy a price rally of over 100% as it rises from around $0.0000000013207 to around $0.0000000040220. He noted that the Dogecoin rival is again trading at a historically significant range low, a level that has previously acted as support for strong bullish expansions.

The current setup mirrors past consolidations that last lasted over 270 days, each leading to a rapid move toward the range high for the Dogecoin rival. The analyst added that the confluence of extended consolidation time, strong support building, and low-volume accumulation suggests another potential build-up phase. This gives credence to a bullish bias if the range low continues to hold firm for Baby Doge in the coming weeks.

“The flip side remains clear – a clean breakdown of the 0.0013207 support will invalidate the structure and likely trigger a deeper retracement. Given its status as a high-risk, low-cap coin, position management and risk-to-reward remain key.”

The analyst concluded by reemphasizing the fact that Baby Doge is sitting at a pivotal zone and that if accumulation sustains here, history could repeat itself without another breakout rally. His accompanying chart showed that the target for the Dogecoin rival on this projected move is $0.0000000040220. However, there was also the possibility that it could rally further to $0.0000000067526.

Baby Doge Fundamentals

Baby Doge’s fundamentals also support a price surge for the Dogecoin rival. The team recently provided a weekly update on several developments in the meme coin’s ecosystem.

Some of the updates included the upcoming launch of the Baby Doge decentralized exchange (DEX). The team stated that usability tests are live and feedback has started rolling in. The meme coin’s focus landing design is also said to be under review while partnership talks are ongoing with major aggregators and trading tool companies.

The Baby Doge team also provided development updates, stating that the Liquidity Pools v4 page, swap improvements, charts, and settings modules are all in the final stage. There are also plans to improve the Puppy Fun meme coin launchpad. The Baby Doge team has revealed that they plan to integrate AI-agentic features on the platform. The Binance (BNB) wallet deep integration support will also be released this week.

원본 소스:bitcoinist

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