- Dogecoin’s price currently sits at $0.2281, with a minor 0.67% drop over the past 24 hours.
- A significant upward trend is predicted, with analysts targeting a potential price of $11.71 by year-end 2025.
- Historical patterns suggest that Dogecoin’s next bull run may occur around October 27, 2025, with a price peak of $69.42.
Dogecoin (DOGE) is showing strong bullish momentum, supported by a “Golden Cross” pattern, where the 50-day moving average crosses above the 200-day moving average. Whale activity is increasing, with large holders acquiring significant amounts of DOGE, signaling confidence in its future. On-chain data shows a rise in active addresses, indicating growing network engagement. Positive technical indicators, such as MACD and RSI, further suggest the potential for continued upward movement.
As of now, Dogecoin (DOGE) is trading at $0.2281, experiencing a slight dip of 0.67% within the past 24 hours. Despite this minor decline, trading volume has seen a robust increase of 17.92%, currently standing at $4.58 billion. Over the past week, the cryptocurrency has made notable gains, rising by 34.08%, suggesting a potentially strong upward trend.
The price action over recent weeks has established a solid bottom for Dogecoin. Historically, when the price revisits the yellow breakout trend line within the lower portion of the price channel, it often signals the beginning of a bull market. This could be the case for Dogecoin, predicting a similar pattern to that seen in 2017, when a retest of the same trend line marked the start of a major rally.
Logarithmic Growth and DOGE Price Levels
The chart adds clarity to the current market situation, building on previous predictions and incorporating additional parallel lines to highlight key price levels. One key observation is the retesting of the same orange parallel line that DOGE interacted with in 2017, which preceded a bull run. This April, Dogecoin touched the $0.13 level, and since then, the cryptocurrency has seen consistent growth, reaching $0.23.
With this bullish momentum, Dogecoin could continue rising through the remainder of 2025. Based on this pattern, a potential peak could emerge around October 27, 2025, with the price hitting the $42 mark, following the logarithmic growth observed in prior cycles. More ambitious projections suggest that DOGE could climb even higher, possibly nearing $69.42.
Dogecoin Long-Term Outlook
While the short-term price fluctuations are expected to remain volatile, Dogecoin’s long-term outlook looks promising. The analyst’s custom indicator, which has previously demonstrated accuracy in identifying cycle peaks, suggests that the price could reach a significant cycle top by the end of 2025, with a year-end target of $11.71.
Referring to the overall trend of 2025, the expectations differ marginally with the low price of Dogecoin projected at $0.169 and a high price of $0.216. The average price of the coin when traded is likely to range around $0.262 and thus has a possible return on investment of 76.2%. In May of next year, experts predict a relatively low price tag of $0.226 and the likelihood of it falling to a low of $0.189.
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