Dogecoin Could Shock Traders With A Run To $5, Analyst Says

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NewsBTC • April 17, 2026 at 23:00 • Analysis
A crypto market commentator behind the High Altitude Investing YouTube channel says Dogecoin may be setting up for a sharp upside move, pointing to a mix of short-term technical signals and a longer-term chart pattern he argues resembles earlier breakout structures seen in Bitcoin and XRP. In a video from April 17, the analyst framed the meme coin’s current setup as both a near-term trading opportunity and a broader cycle call, arguing that Dogecoin’s correction may be complete and that the asset could ultimately target levels above $2, with a more aggressive long-range scenario reaching $3 to $5. Why Dogecoin Could Soon Go Vertical The short-term case rests on classic technical analysis. On the daily chart, the analyst said Dogecoin has completed a “perfect ABC corr...

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