$10 DOGE ATH Price This Altseason Peak Gains More Weight as Dogecoin Shows Promising Bullish Signs

The possibility of Dogecoin (DOGE) reaching a $10 all-time high (ATH) during this altseason peak is gaining traction.

The Dogecoin price chart is exhibiting encouraging bullish indicators.

The pioneer memecoin is projected to reach its cycle peak by the end of October.

Altseason expectations are building, with many analysts anticipating that the delayed altseason will bring significant gains to long-term altcoin holders. One analyst is focusing on Dogecoin, suggesting that a $10 DOGE ATH during this altseason peak is plausible, given the bullish signals emerging from the DOGE price chart, indicating a potential major price surge.

$10 DOGE ATH Price This Altseason Peak

The delayed altseason in this ongoing bull cycle has potentially increased the chances of altcoin prices reaching higher ATHs. While only a few altcoins have set new ATHs in this cycle, many, particularly legacy altcoins, have yet to approach their previous ATH prices. However, analysts remain optimistic about promising altcoins, anticipating substantial price increases in the near future.

While many analysts are patiently waiting for Ethereum (ETH), the original altcoin, to experience a parabolic pump and reclaim its previous ATH to trigger the altseason peak phase, certain altcoins are independently demonstrating strong bullish signals on their price charts, mirroring the bullish indicators seen on ETH's price chart. These combined signals suggest an impending explosive pump in the altcoins market.

Among the bullish altcoins for the upcoming altseason peak pump is Dogecoin (DOGE). This asset has evolved from being a joke and online tipping coin. It is now regarded as the people's coin and has, in many instances, provided hope. DOGE has become a beloved coin for many, including Elon Musk.

Could DOGE Truly Hit $10 This Bull Cycle?

As demonstrated in the above post, a DOGE enthusiast shares a detailed analysis of how DOGE could reach $10 this bull cycle. The analysis highlights each cycle, where the price of DOGE has consistently touched the lower white curved line before eventually rising to meet the upper curved white line, as depicted in the chart accompanying the post.

Currently, for this cycle, this pattern has taken longer to develop, primarily due to the previous peak occurring earlier. In comparison, earlier cycles had shorter intervals between peaks. This extended period implies a deeper accumulation phase, potentially setting the stage for a more explosive rally than anticipated. The analyst predicts that Dogecoin will commence its parabolic surge towards new all-time highs, with a projected cycle top forming around the final week of October.