Dogecoin (DOGE) is expected to experience a significant rally in the first half of 2024, according to crypto analysts. Captain Faibik predicts an “epic pump” that could see the meme coin rise to $0.7, representing a gain of over 900%. Other analysts, such as MonoCoinSignal and Jhonnybrah, also suggest bullish momentum for DOGE, with potential price targets of just below $0.14 and above $0.22.JD, another crypto analyst, points to a “beautiful chart structure” for DOGE based on the monthly chart. He highlights the Moving Average Convergence Divergence (MACD) indicator, which is on the verge of a bullish cross. In the past, such crosses have resulted in significant price increases for DOGE.There are several factors supporting the belief in DOGE’s upcoming pump. The meme coin’s price has been trending low for a while, and the open interest on Dogecoin has crossed the $500 million threshold. Additionally, over 5 million addresses now hold DOGE tokens, indicating growing belief and potential liquidity inflow.Currently, DOGE is trading at around $0.10, showing a 17% increase in the last 24 hours.