Altcoins have shown significant price increases this week. While PEPE and BONK have shown considerable price increases, DOGE has also seen significant gains over the past week.

The past 24 hours have been especially positive for Dogecoin. The memecoin has increased by 11% in the past 24 hours, climbing to $0.1578.

The significant price increase of Doge once again has attracted traders and cryptocurrency analysts. Notably, cryptocurrency analyst Yomi has shared new predictions for X, discussing how high DOGE could go in this price surge.

Is Dogecoin eyeing a new ATH?

The Dogecoin price rally has been closely watched by investors and analysts. Yomi, a prominent cryptocurrency analyst, has explained the current price momentum of Doge through X, shedding light on its recent price surge.

Yomi notes that Dogecoin’s current RSI index is at its highest level, signaling increasing user interest in the cryptocurrency token.

The notable analyst then shares more charts, providing additional insights into Doge’s recent price surge.

Yomi further adds that Doge has consistently broken the RSI 70 threshold, indicating strong performance of the asset in the market. Yomi then shares how the analysis will monitor Doge’s super trend to share more information.

According to data from Coingecko, Dogecoin has continuously reached new highs. The cryptocurrency has surged by 84.1% in the past seven days, followed by a monthly high of 84%.

Similarly, the cryptocurrency has recorded a whopping 99% price increase in the past 30 days, showing renewed user interest and momentum for the asset.

With the upcoming official price surge, another cryptocurrency analyst, Ali Martinez, has noted an interesting deep dive.

Martinez shares how the current price surge is at a peak stage, with nearly $48.54 billion flowing into the cryptocurrency market.