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Dogecoin Mirrors 2024 Bottom Pattern, Analyst Eyes $0.30 Price Target

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  • Dogecoin shows a repeated bottoming pattern, with key lows at $0.1430 and $0.1298 in 2025.
  • Crypto Zeinab sees a bullish setup; DOGE may rally toward $0.30 if support holds firm.
  • DOGE trades near $0.172; resistance at $0.181 and RSI near 50 hint at a breakout struggle.

Dogecoin appears to be at a pivotal point once again, showing signs that reflect a familiar pattern seen during its previous market bottoms. Crypto analyst Crypto Zeinab has identified a technical setup in DOGE’s chart that mirrors a key bottoming formation from the past. 

The chart shared by Zeinab shows a steep drop between April and mid-June 2024, followed by a slow bottom-building phase from July to September. This sequence now seems to be repeating between January and April 2025.

For perspective, in April 2024, DOGE began its significant downtrend, which extended through the summer months. From July to September, Dogecoin formed a series of crucial bottom levels: around $0.09155 in July, $0.0804 in August, and $0.0889 in September. Each bottom phase marked a stabilization zone, setting the stage for a later rally.

The September 2024 bottom proved pivotal, leading to an impressive breakout. Dogecoin surged from its base to reach a high of approximately $0.4850 by December 2024. This massive rally validated the bottoming pattern’s reliability and cemented investor confidence in such formations as key reversal indicators for DOGE.

Dogecoin Sets Up for Climb

In 2025, a similar sequence appears to be unfolding. The latest downtrend began in January 2025, with Dogecoin once again entering a bottoming phase. Two notable bottoms have formed so far: around $0.1430 on March 11 and a deeper bottom near $0.1298 in early April, mirroring the previous pattern’s rhythm.

DOGE 3
Source: Crypto Zeinab

Crypto Zeinab suggests that a slight additional dip could confirm the formation of a new solid bottom, setting DOGE up for gradual gains toward the $0.30 level. If history repeats, traders may see a comparable upside, with the current setup showing early signs of bullish consolidation and potential breakout energy.

DOGE [is] establishing a very close fractal to its previous bottoming formation. Any next slight potential dip would confirm a bottom with gradually ascending higher towards $0.30 next,” Crypto Zeinab noted.

Crucial Levels Shape Dogecoin’s Path

As of now, Dogecoin trades around $0.172, down nearly 5% from the previous week. According to Coinglass’s data, DOGE funding rates are in negative territory, which suggests many traders expect the price to keep falling. The OI-Weighted Funding Rate sits at -0.0012%, signaling that more traders are shorting DOGE than going long.

Dogecoin 1
Source: CoinGlass

In addition, DOGE has been struggling against its weekly resistance at $0.181, which has proven a tough barrier since April 25. This level nearly matches the 50-day Exponential Moving Average at $0.178, strengthening its role as a critical resistance point. Any failure to rise above this zone risks pushing DOGE back toward its April 22 low of $0.157.

The Relative Strength Index (RSI) on the daily chart holds around 50, reflecting a balanced tug-of-war between bulls and bears. However, if the RSI drops below 50, bearish momentum is expected to intensify, possibly driving prices lower. The MACD indicator is also on the brink of forming a bearish crossover, a development that would trigger a fresh wave of selling pressure.

Dogecoin 2
Source: TradingView

While signs lean bearish for now, a decisive close above $0.181 would flip the script, allowing DOGE to test the $0.20 barrier. If history repeats as Zeinab suggests, the next phase could see Dogecoin gradually aim for $0.30, setting up the stage for a longer-term climb, possibly revisiting last year’s highs near $0.4850.

Read More | XRP Eyes $2.50 Target If Breaks $2.22 Resistance, Analysts Predict

Analyst Says Dogecoin’s Momentum Strong Above $0.175, Targets Higher Levels

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  • Dogecoin rebounded from $0.13009, forming a bullish cup pattern and holding above $0.17500.
  • Whale wallets accumulated 100 million DOGE in 7 days, signaling rising confidence and momentum.
  • Analysts see potential breakout to $0.19270 soon, with long-term target set at $0.704.

Dogecoin is showing signs of renewed energy as it maintains a solid position above $0.17500, attracting attention across the crypto world. BitGuru, a respected crypto analyst, highlighted that DOGE recently rebounded from $0.13009 and now displays a textbook cup-shaped pattern on the 4-hour chart, often seen as a bullish indicator. 

Earlier in April, Dogecoin endured a steep correction, tumbling to $0.13009 after a period of high volatility. It later regained ground, climbing to $0.16661 and briefly reaching $0.19270, showing strong resilience. BitGuru described that setup as a “bullish beauty,” emphasizing how the rising lows confirm market optimism and a recovery from prior weak zones around $0.18028.

As of now, DOGE is consolidating below the $0.18000 mark, holding its key support level well. BitGuru believes if it sustains momentum above $0.17500, the odds are strong for another breakout toward $0.18500, with a chance of revisiting the $0.19270 peak in the short term.

DOGE 2
Source: BitGuru

Dogecoin Whale Activity Boosts Confidence

Trader Tardigrade, another widely followed analyst, pointed out a new Upward Channel forming on the 4-hour chart, further supporting the bullish case. This technical formation could push the meme coin higher if current patterns hold steady. The growing optimism is not limited to technical charts. On May 1, Ali Martinez revealed a sharp increase in whale activity, noting that large holders scooped up 100 million DOGE in just seven days.

Martinez’s data showed that wallets holding between 1 million and 10 million DOGE were behind this accumulation. This influx from big players often signals brewing confidence and can set the stage for strong market movements.

Dogecoin
Source: Trader Tardigrade

In another recent update, a crypto analyst suggested that if DOGE manages to close the month above $0.20, it could ignite a rally aiming at the historic all-time high of $0.74. This potential move would mark a critical shift in market sentiment and likely draw in more investor interest.

Long-Term Prospects Eye Higher Targets

On April 27, MasterAnanda offered additional technical insights via TradingView, analyzing the broader picture. His analysis charted an ABC correction that began from the December 8, 2024 high of $0.4846. The correction’s first wave brought a 46% drop to $0.2626, followed by a 66% bounce to $0.4350. The C-wave then completed with a steep 70% fall, bottoming out at $0.1298.

From this foundation, Dogecoin has staged an impressive comeback. MasterAnanda now sees DOGE well below its former peaks but poised for what he described as an impulsive rally. His analysis sets a bold target at $0.704, underscoring the potential for significant upside if market momentum continues.

With bullish signals mounting, from whale accumulation to strong technical setups, DOGE seems prepared for another critical push.

Read More | Litecoin Price Analysis: Can LTC Break Past Resistance at $96?

Tesla Turmoil Sparks Questions, But DOGE Holds—Is a Surge Ahead?

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  • Dogecoin remained stable around $0.175 despite rumors about Tesla seeking a new CEO.
  • Tesla and Elon Musk denied reports of a leadership change amid concerns over his political involvement.
  • DOGE showed minimal reaction to the rumors, reflecting a maturing market response to Musk-related headlines.

Dogecoin (DOGE) held steady around the $0.175 mark despite rumors of a leadership shakeup at Tesla involving Elon Musk. The price increased by 0.5% in the last 24 hours, reflecting limited market reaction. Although the speculation was denied, the token showed unusual stability compared to past Musk-related developments.

Tesla Leadership Rumors Fail to Move DOGE Price

Recent information revealed that Tesla’s board had contacted executive search firms to address their concerns regarding Elon Musk’s growing political involvement. Tesla and Musk rejected the statements, classifying them as incorrect. The market reaction to Dogecoin showed minimal price volatility as evidence of Musk’s decline in influence on its value.

Tesla decided to start accepting Dogecoin payments when buying its merchandise during the initial months of 2022 and continues to be the unique leading company that enables this option. Past statements from Elon Musk and his activities create immediate price volatility of large magnitudes for DOGE within short periods. Market participants in this situation did not exhibit their typical response behavior.

The change in sentiment signals a more predictable market reaction, which occurs along with increased focus on the coin’s core developments. The rumor failed to cause significant trader movement between entering and exiting the market. Market participants have evolved their responses to Musk-related news based on these recent examples.

Spot DOGE ETF Optimism Sparks Bullish Sentiment

The crypto market demonstrates rising interest about the upcoming approval of a spot Dogecoin exchange-traded fund because it signifies a transformation for the token’s future direction. Nasdaq filed a 19b-4 form with the SEC on April 29, submitted for the 21Shares Dogecoin ETF listing. The S-1 registration occurred first from 21Shares and House of Doge before they filed the 19b-4 form.

According to Eric Balchunas and James Seyffart of ETF analyst ranks, the SEC is 80% likely to authorize the spot Dogecoin exchange-traded fund before the end of 2025. The approval of a 21Shares Dogecoin ETF by the SEC would signify a substantial boost towards institutional adoption of the token. The clearance of this ETF will make it the initial distributed ETF for DOGE within the United States.

Analysts and market traders have become optimistic following the optimistic signals about SEC approval. Because of this development, new capital will enter the market through regulated financial institutions. Investors’ positive outlook may affect DOGE’s future ranking position as a top digital asset.

Whales Accumulate 100 Million DOGE as Accumulation Pattern Builds

Large wallet addresses acquired a total of 100 million DOGE worth $17.5 million during the previous seven days. Major market participants demonstrate increased confidence through the boosted whale accumulation of bitcoins into their wallets. This recent surge in whale activity supports market expectations of an imminent significant price movement.

AD 4nXd2p5i3K NbUUkNtTCON9DHahPIDG2biKy3AjVtMUB0 uScS6 T77BP7zbjlNgCPsAIitnnXa65pFKAwGgMokgK1MSSa2QNeMUpwOMWvt9BTQXOdlnGpSFV4yGOseoxDeBp4Aa0?key=s

Source: X

The daily price of DOGE is above its 20-day Simple Moving Average while maintaining upward momentum between Bollinger Bands. After breaking decisively above $0.19, the price should aim for $0.21. The current technical market indicators reveal a neutral stance without major market speed changes.

AD 4nXewR5Kmk4wMvxwo3jUn6YvFhxWGRAMOo1e 44qoyYjsj8nC1 j1mVoW Oyz3Vl61YHqpbKX7QBMCzBwKRaaJsam1IcnaddnT3ZNHjCPcJzdsP8j9dwwAdCTKnN5GRK3Hvjk0kJn?key=s

DOGE price chart | Source: TradingView

Dogecoin created an Accumulation Cylinder according to analyst-noted chart patterns on the 3-day chart during July 2024. A positive indication of substantial price appreciation often occurs after the Accumulation Cylinder pattern is validated by increased volume traded. Many Dogecoin participants anticipate upcoming price surges that will take the currency into new elevation territories.

Dogecoin’s Four-Red Candle Pattern Hints at Big Breakout, Says Expert

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  • Trader Tardigrade identifies four red candles on Dogecoin’s weekly chart, resembling late 2024’s bullish setup.
  • MasterAnanda highlights Dogecoin’s perfect ABC correction from $0.4846 to $0.1298, forecasting a $0.703 rally.
  • Ali Martinez stresses reclaiming $0.20 monthly close is crucial for sustaining Dogecoin’s long-term bullish trend.

A wave of optimism is sweeping through the Dogecoin community as several top analysts point to a potential massive breakout. Trader Tardigrade has drawn attention to a striking pattern on the weekly Dogecoin chart using the Gaussian Channel. The current formation, he notes, mirrors a setup that led to a strong bullish rally in late 2024.

Looking back, Dogecoin formed four red candles inside the green mid-band of the Gaussian Channel in the final months of 2024. Following that, the asset surged upwards significantly. Now, an identical sequence of four red candles has appeared again in April 2025. This repetition is raising hopes among investors for another major breakout.

DOGE 11
Source: Trader Tardigrade

Trader Tardigrade highlights that this week’s candle is starting to turn green, signaling a possible reversal from the recent downward trend. A green candle close above the mid-band could act as a confirmation of a new upward movement. The projected trendline resistance is estimated near the $1 mark.

Dogecoin Weekly Chart with the Gaussian Channel shows four completed red candles, with the current week’s candle potentially passing through the mid-band, forming a green candle. Trendline resistance targets the price near the $1 mark,” he emphasized.

Final Buying Call for Dogecoin

A separate analysis from MasterAnanda, published on April 27 through TradingView, suggested an ideal buying window for DOGE. MasterAnanda pointed out that it has completed an ABC price correction perfectly, a move that typically sets the stage for a bullish impulse wave.

For perspective, the token began this correction after hitting a peak of $0.4846 on December 8. The first wave slashed the price by 46% to $0.2626. This was followed by a 66% rebound during the B-wave, pushing prices up to $0.4350 in January. Finally, a sharp 70% drop during the C-wave brought it down to strong support at $0.1298.

Even though DOGE has climbed significantly from that low, MasterAnanda believes the asset remains undervalued. His analysis forecasts a potential rally to $0.703, claiming that this is the final call for investors to buy.

DOGE 2
Source: TradingView

$0.20 Holds the Breakout Key

While excitement grows, another respected analyst, Ali Martinez, offers a slightly more cautious but hopeful outlook. In the recent analysis, Martinez stressed that for Dogecoin to sustain an extended rally, the asset needs to reclaim the $0.20 level on a monthly close. This milestone would signal real strength in the ongoing recovery.

DOGE 12
Source: Ali_Charts

Martinez pointed out that the $0.20 mark corresponds to the lower boundary of an ascending wedge pattern that DOGE has traded within since 2017. Recent bearish momentum pushed it below this channel, but a climb back above could reignite strong upward momentum according to his observations.

The broader sentiment from analysts reveals a strong underlying belief that DOGE is on the brink of a major move. However, key resistance points must be conquered to confirm the trend. If the green candle holds, and the $0.20 level is reclaimed, there could be little stopping Dogecoin’s run toward the much-anticipated $1 target.

Read More | TAO Breakout Alert: Could $850 Be the Next Stop for TAO?

Dogecoin’s Optimistic Ascent: Analyst Forecasts $10+ by October 2025

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  • Analyst DimaPotts36 predicts Dogecoin could reach $10+, With a channel high of $69.42.
  • Potts’ oscillator model shows early-cycle signal on March 6, aiming for late top in Oct 2025.
  • A breakout above $0.20 resistance could trigger a rally needing 5,455% to reach $10 target.

Dogecoin might be on the verge of a monumental leap according to crypto analyst DimaPotts36. He recently unveiled a sweeping ten-year chart analysis that paints an electrifying future for the meme coin. “DOGE $10+ DOGECOIN?!” he teased in his post, igniting bold conversations across the community.

The forecast rests on a two-point rising regression channel that Potts has tracked since Dogecoin’s 2015–2016 low near $0.0001. Now, the lower boundary of this channel has climbed to just under $0.12. Meanwhile, the upper line of the channel, historically a ceiling during past bull runs, projects up to a staggering $69.42 by late 2025.

Within this rising channel, three rounded bottoms have formed, each constrained by a descending yellow resistance line. Beneath them lies a steady red basing arc, reflecting tightening price action. The current apex of this setup, found around $0.17, marks the level where Dogecoin has been consolidating for several months.

Predictive Trends Signal Bright Future for DOGE

A proprietary dual-wave oscillator is central to Potts’ thesis, featuring a thicker turquoise wave and a faster yellow wave. According to him, cycle tops have historically formed in two distinct ways: an early top occurs when the yellow wave falls below the green wave, while a late top is marked by the yellow wave dropping beneath the horizontal red line positioned at –0.00013.

Vertical purple bars on his chart indicate when these critical signals appeared in the past. Potts’ data shows a late top flashing in February 2014, a twin peak formation during 2017–2018, and an early top during the record $0.739 high in May 2021. This year, on March 6, an early-cycle signal surfaced again, hinting that a more explosive late-cycle top could still await.

Dogecoin 2
Source: DimaPotts36

Potts identifies the week of October 27th, 2025, as the time of a dramatic peak. On his chart, he marks this point with a final purple bar and a white arrow labeled “LATE TOP,” highlighting the significance of this moment. By then, he predicts that Dogecoin’s oscillator will dip below the crucial –0.00013 mark, aligning with the channel’s upper range in the $60–70 bracket.

Past Patterns Add Weight to $10 Dogecoin Forecast

Past patterns lend more weight to the bullish projection. In previous cycles, once Dogecoin shattered its yellow downtrend line, vertical rallies soon followed, culminating only after the price hit the upper channel boundary. The current yellow resistance stands just below $0.20. A breakout above that line could pave the road to new all-time highs.

Potts emphasizes that “each cycle has touched the upper white curved trendline,” a testament to the channel’s long-standing reliability. While he acknowledges that $69 might be a technical reach, he sees $10 as a more grounded psychological target, marking the next major logarithmic level above the 2021 peak.

To hit $10, Dogecoin would need a staggering 5,455% rally from its current price. This prediction, though ambitious, finds echoes from other market watchers as well. Ali Martinez, a well-regarded cryptocurrency expert, expressed confidence that Dogecoin could reach the $10 mark, adding further weight to the growing belief in its potential for an extraordinary surge.

Read More | Will XRP Price Reach $2.50? Market Trends and Holder Behavior Says So

Dogecoin’s Bullish Cross and Breakout Signal a Big Price Move Ahead

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  • Dogecoin flashed a bullish cross on Stochastic RSI, breaking out of a falling wedge around $0.14–$0.16.
  • Analyst Arslan Ali highlighted key resistance at $0.1878 and $0.24, with support between $0.143–$0.16.
  • DOGE trades at $0.1812, up 18.24% in a week, aiming for $1 by May 2025 if momentum holds.

Dogecoin is flashing strong signs of entering a bullish phase after a crucial technical breakout caught traders’ attention. On April 27, 2025, analyst Trader Tardigrade revealed that a Bullish Cross had formed on Dogecoin’s Stochastic RSI. This indicator is well-known for signaling the start of upward momentum.

Adding more excitement, Trader Tardigrade mentioned that “$Doge also shows a breakout from a falling wedge,” a pattern visible since late November 2024. Falling wedges, formed by lower highs and lows, often lead to bullish reversals. The breakout happened around the $0.14 to $0.16 range, suggesting a shift in market behavior.

The falling wedge squeezed its price movement for almost five months. That tightening action ended with a burst to the upside, which could mean further gains if buyers keep stepping in during the coming weeks.

Dogecoin 1
Source: Trader Tardigrade

Support and Resistance Shape Dogecoin’s Path

Currently, Dogecoin is trading at $0.1812, reflecting a slight drop of 0.78% over the past 24 hours. However, it has seen a remarkable 18.24% rise over the last week, helping it reach a market capitalization of $27.01 billion.

Analyst Arslan Ali pointed out on X that Dogecoin has established firm support between $0.143 and $0.16. These levels create a strong base for continued upward movement as optimism around Dogecoin grows.

On the technical side, DOGE is well-supported by a rising trendline that has been intact since mid-April. The 50-day Exponential Moving Average (EMA) at $0.1788 is also helping to keep the price stable, providing a solid safety net for traders.

Immediate resistance has been identified at $0.1878 by Arslan Ali. If the meme coin can break past this level, a challenge of $0.1929 could soon follow. Sustained momentum might even push the price up to $0.24 in the near term.

DOGE 10
Source: Arslan Ali

In a recent update, TronWeekly shared insights from analyst MemeCrypto, who observed that Dogecoin “might be starting something bigger” from the $0.18 price point. He noted that “structure is building naturally, candle by candle, and the momentum doesn’t seem random.”

Memecrypto emphasized that momentum indicators and Exponential Moving Averages (EMAs) are supporting this rally. He pointed out that the key resistance to watch is at $0.24. If it hits that mark at the current pace, this may only be the beginning of a much larger move.

Dogecoin Eyes $1 By May 2025

Looking ahead, market analysts believe DOGE could repeat its historic bull runs and aim for $1 by May 2025. Reaching that price would push its market cap close to $100 billion, bringing back memories of its explosive rally in 2021.

Several factors could drive this surge. Bitcoin is approaching $94,000, instilling confidence throughout the crypto market. Other major coins like Ethereum, Solana, and XRP are also enjoying double-digit weekly gains. Retail investors are showing fresh enthusiasm, and whale investors are accumulating more Dogecoin.

Before DOGE can target new highs, it must overcome critical resistance at $0.24. Analysts stress that a clear move above $0.1878, backed by strong trading volume, would open the gates for a powerful rally.

Read More | Dogecoin Price Prediction: How Much DOGE You’d Need to Become a Millionaire By 2026

Dogecoin Surges Past $0.18, Analysts Predict Massive Upside Toward $1

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  • Dogecoin rebounded above $0.18 after briefly dropping below $0.17.
  • Analysts forecast DOGE could surge to $0.46 soon, representing a potential gain of 147%.
  • Trader Tardigrade predicts Dogecoin could surpass $1 by May 2025 if momentum continues.

Dogecoin’s recent rally faced a setback on April 24 when its price slipped under $0.17. Despite this pullback, the cryptocurrency swiftly bounced back, climbing above $0.18 within just a few hours. This quick rebound demonstrated the token’s strong underlying support and resilience in a volatile market.

By April 26, Dogecoin’s price rose to $0.186, marking a 3.06% increase over the past day. Momentum appears to be shifting in favor of the bulls, as noted by crypto analyst and trader Memecrypto, who recently shared on X that Dogecoin “might be starting something bigger” from the $0.18 level. This statement has fueled growing optimism among the Dogecoin community.

Memecrypto pointed out that the price action does not appear random but is part of a naturally forming structure. He explained that a breakout is unfolding, observed through momentum indicators and Exponential Moving Averages (EMAs), offering more credibility to the rally.

$0.24 Breakout Signals Larger Uptrend

At the current rate of growth, the next key barrier is expected at $0.24. Reaching this milestone could set off a larger uptrend. Memecrypto emphasized that markets typically do not wait for latecomers, hinting that a sharp surge could trigger a FOMO (Fear of Missing Out) rush among investors.

Dogecoin
Source: Memecrypto

In a separate update, an analyst on TradingView noted that Dogecoin recently exited a falling wedge formation. This technical move is often regarded as a bullish reversal signal, and many traders see it as an early indication of further price gains.

The falling wedge, which had kept Dogecoin on a downward course, encountered resistance at $0.28 in February and at $0.16 in April. Breaking free from this pattern near the $0.18 mark, alongside a noticeable rise in trading volume, suggests that the tide may have turned in favor of bulls.

Dogecoin 3
Source: TradingView

Experts Eye $1 Dogecoin Milestone

Support levels now sit firmly around $0.143 and $0.16, providing a strong foundation for the next phase of growth. The analyst projects that Dogecoin could climb as high as $0.46, which would represent a striking 147% rise from its current position.

Further strengthening market sentiment, another market expert known as Trader Tardigrade shared insights on X that Dogecoin has shattered a critical mid-term resistance trendline. Tardigrade stressed that this breakout is genuine and not a false signal, comparing the movement to the one witnessed in February 2024, right before a major rally.

If the current momentum persists, Tardigrade believes Dogecoin could surge past the $1 mark by May 2025. This long-term outlook has energized holders and investors, eager to see whether history will repeat itself in the coming year.

Read More | TON to Officially Shut Down Toncoin Bridge by May 2025: Crucial Info for Users

Dogecoin breaks resistance: Is a 400% price surge coming in 2025?

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  • Dogecoin has broken a significant mid-term resistance line with no signs of a false breakout.
  • Chart patterns echo the 2024 surge, hinting at a bullish May 2025 run.
  • Analyst Trader Tardigrade forecasts DOGE could surpass $1 if current momentum holds.

Dogecoin could be on the verge of significant upside action after a breakout from a mid-term resistance trendline. Crypto analyst Trader Tardigrade brought to the fore a remarkable similarity between the present price action of Dogecoin and the same pattern observed in the first half of 2024, a development that saw the cryptocurrency grow by 75%.

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Source: X

In the present 2025 configuration, DOGE fell from $0.15 in January to a trough in April of close to $0.12. Yet by mid-April, there was a reversal. The breakout above a falling trendline was also accompanied by a tangible buildup in momentum and a spike in volumes, factors all combining to indicate a changing market attitude. Tardigrade asserts there “are no signs of a false break,” supporting the possible validity of such a bullish indication.

This breakout took place near the $0.18–$0.20 level. Analysts usually take such a structure, a strong base formation followed by a clean breakout and a rise in volume, as a classic indication of a sustained rally to come.

Dogecoin’s April 2025 move looks like its 2024 rally

To put all of this into perspective, Tardigrade likened the April 2025 price action to Dogecoin’s February 2024 breakout. Then, the token ascended from a consolidation at $0.08 to a high of $0.14, a close to 75% rise in a span of mere days. The breakout in 2024 also followed the development of momentum and was propelled by a rise in volume, similar to what’s currently in the process of transpiring.

Both the 2024 and the 2025 charts have downward-sloping resistance lines that were cleanly broken, indicating renewed bull interest. For each, significant market participation at the time of the breakout hinted at more widespread investor confidence.

While the price context has changed, $0.18 having become the breakout level in place of $0.08, the market behavior pattern holds steady. Tardigrade takes advantage of this mirrored configuration to predict the same aggressive breakout in May 2025.

Long-Term forecast shows potential for dogecoin to Hit $1

Tardigrade’s analysis suggests that Dogecoin might rise to $0.31-$0.35 in the near term if history repeats in terms of percentages. For the long term, he boldly estimates the possibility of reaching above $1, a 400% leap from the breakout level.

Even so, volatility remains a possibility for crypto. If the price falls again below the newly found support at about $0.18, the bullish formation could be broken. Broader market sentiment, changing sentiment, or taking profits could also dampen momentum.

Dogecoin Forms Classic Cup Pattern, Eyes Breakout Above $0.1850 Next

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  • Dogecoin trades above $0.17299, forming a cup pattern with breakout targets at $0.1850+.
    Weekly chart reveals a cup and handle; analyst eyes $0.50, $0.73, and $1 targets.
  • RSI at 59.81 and bullish MACD indicate strong momentum for continued upward movement.

Dogecoin (DOGE) is flashing signs of a potential breakout after forming what the analyst describes as a classic cup-shaped recovery pattern. The formation, spotted on the 4-hour chart, is being closely tracked by crypto analyst BitGuru, who views the structure as a strong indicator of renewed bullish momentum.

Currently, DOGE is trading above a key support level at $0.17299, a zone that could serve as the launchpad for the next leg up. “DOGE is stabilizing above key support,” BitGuru noted. “If the price holds this level, we’re likely heading toward a fresh breakout above $0.1850.”

DOGE 8
Source: BitGuru

Technical analysis of the chart shows historical resistance near $0.20576, with prior rallies stalling at $0.17945 and $0.18028. Following a steep drop that saw prices hit a low of $0.13009, DOGE began a gradual recovery, culminating in the current rounded base — a pattern the analyst labeled a “bullish beauty,” suggesting growing market optimism.

Support zones are established at $0.15217 and $0.16661. The successful defense of the $0.17299 level suggests the possibility of a fresh breakout toward $0.1850 and beyond.

Will Dogecoin’s Momentum Push Toward $1?

Meanwhile, another analyst Whales_Crypto_Trading has brought attention to a broader trend. On the 1-week chart, Dogecoin appears to have formed a cup and handle pattern—a widely recognized setup that often signals a continuation of bullish movement. DOGE is now challenging a critical resistance level that has historically prevented further gains.

This resistance plays a vital role in determining the next move. If Dogecoin breaks above it and holds, analysts believe a wave of buying interest could follow. That would likely push DOGE to fresh short-term highs and validate the larger bullish pattern taking shape. The market’s current focus lies on whether enough momentum exists for a clear breakout beyond this level.

DOGE 9
Source: Whales_Crypto_Trading

Whales_Crypto_Trading also suggested that if momentum continues, Dogecoin could aim for $0.50, then $0.73, and possibly touch the much-anticipated $1 mark. These targets align with old resistance zones where sellers previously stepped in. Breaking those levels would mark a strong recovery from Dogecoin’s recent consolidation.

Technical Indicators Point to Sustained Rally

From a technical perspective, momentum indicators are painting a supportive picture. The Relative Strength Index (RSI) currently stands at 59.81, below the overbought threshold of 70. This figure indicates that Dogecoin has room to rise further without immediate risk of major selling pressure. The RSI’s steady growth from earlier levels in the 40s shows increasing investor interest.

DOGEUSD 2025 04 25 12 23 24
Source: TradingView

The Moving Average Convergence Divergence (MACD) is also showing a bullish trend. The MACD line sits above the signal line, and the histogram continues to widen, a sign of growing strength in buying activity. This divergence signals that Dogecoin could maintain its upward path, supported by a strong trend rather than just a momentary bounce.

With both the RSI and MACD suggesting strong momentum, the current breakout does not appear to be a fluke. Instead, these signals point to a genuine trend with potential for further gains. If Dogecoin maintains its support and breaks through resistance, the climb toward $0.50 and higher seems within reach.

Read More: Crypto Rules Rewritten as Federal Reserve Moves Toward Integration

Dogecoin Flashing Bottom Signal, Analyst Eyes 501% Rally Ahead

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  • Analyst “Steph is Crypto” predicts a potential 500% Dogecoin rally, mirroring a 129-day historic fractal pattern.
  • SwallowAcademy foresees a 40% drop to $0.09 before a possible 400% rebound to $0.45 in 2025.
  • Short-term holders rose by 107.45%, while large holder activity surged 3,722% in 90 days, hinting major accumulation.

A renewed wave of optimism is spreading through the Dogecoin market as analysts identify a chart pattern strikingly similar to its historic breakout. A respected voice in crypto sector, “Steph is Crypto,” believes Dogecoin is lining up for a massive rally of more than 500%, a bold claim grounded in past market behavior.

Back in an earlier cycle, Dogecoin underwent a long downtrend that lasted 129 days before exploding from about $0.067 to $0.403. That marked a staggering 501.63% climb. Now, Steph sees the same setup forming again after a similar 129-day slump. If history repeats itself, it could reach as high as $0.73583 in the coming weeks.

“Bottom signal flashing,” Steph posted on X, alerting followers to get ready for the move. The post emphasized the possibility of a powerful breakout coming soon, based on the recurrence of the same fractal that led to the prior surge.

DOGE 7
Source: Steph is Crypto

Dogecoin 40% Decline Expected Before Climb

On the flip side, a separate analysis from TradingView by SwallowAcademy paints a different path—one that suggests Dogecoin might fall before it climbs. Their chart, focusing on Dogecoin’s price action against Tether (USDT) on a daily timeline, illustrates its volatile nature, especially in the year 2024.

After touching nearly $0.23 earlier in 2024, the cryptocurrency saw a sharp pullback, dipping to $0.09 before rebounding above $0.45. SwallowAcademy expects a comparable trend to continue in 2025, forecasting that Dogecoin could decline by 40% to retest the $0.09 support level. From there, the analyst believes it could rally fourfold, eventually retesting the $0.45 mark.

DOGE 1
Source: Trading View

As of now, it sits above $0.15, and SwallowAcademy continues to monitor for the predicted dip before entering a long position. This approach underlines a cautious optimism, highlighting that the road up may come after another fall.

Shifting Holder Activity Signals Growing Speculation

Meanwhile, data from IntoTheBlock provides additional insights into Dogecoin’s outlook. The activity among holders shows a significant shift. Long-term holders—those who have held the coin for a year or more—dropped by 2.67% over the past month. Those holding for one to twelve months, known as cruisers, declined by 11.81%.

On the other hand, the number of short-term Dogecoin holders has jumped sharply. Traders who held the token for under a month rose by 107.45%, suggesting growing speculative interest. This shift hints at increased short-term volatility as these quick movers react to market fluctuations.

Despite these mixed signals, another angle offers a stronger long-term view. The data reveals that large holder inflows—investors moving significant volumes—are rising at a steep pace. Over the past week, these inflows have increased by 5.33%. In the last 30 days, the rise stands at 323.86%. The most notable change, however, is a staggering 3,722% increase in large holder activity over the past 90 days.

That kind of accumulation suggests major players are preparing for a bigger move ahead, even as smaller, short-term traders fuel day-to-day price swings. Together, these patterns reflect a complex but increasingly hopeful landscape for Dogecoin’s future.

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