Key Takeaways
- Based on historical data, crypto analysts give reasons why DOGE could hit a high of $20 by the end of 2025.
- DOGE closes above $0.3 for the first time in 3 years, forming key bullish price action.
- Dogecoin prints a bullish price pattern, indicating whales are buying into memecoin as $1 remains in sight.
| Token Name | Dogecoin (DOGE) |
| Current Price | $0.33 |
| Market Capitalization | $49.7B |
| Total Circulating Supply | 147.45B DOGE |
| Daily Support | $0.3 |
| Weekly Support | $0.27 |
| 1Year Performance | 253% |
The cryptocurrency market is gaining some volatility and momentum as altcoins and memecoins such as Dogecoin (DOGE) are gaining much attention following two weeks of low volume and inactivities with altcoins.
Bitcoin, Ethereum, Dogecoin, Solana, and others are beginning to show signs of bullish continuations as crypto analysts and investors pay keen attention to the DOGE as bullish price actions emerge and could repeat its price rally of 2021.
Market Sentiment For Dogecoin (DOGE)
Source – DOGE Market Sentiment From Coinmarketcap
Dogecoin’s (DOGE) current market sentiment around the crypto space is bullish following bullish price action and speculation of the price of DOGE set for its rally towards its $1 mark based on expectations and price analysis from top crypto experts.
Crypto Expert Price Prediction For Dogecoin (DOGE)
Source – Dimapotts DOGE Price Prediction
Top crypto analyst Dimapotts, on his X account, claimed he experts DOGE to hit a target of at least $10 by the end of 2025 based on his four-cycle calculation, with each cycle hitting a target of 37 thicks on the monthly timeframe.
Here is his statement: “DOGE $10+ DOGECOIN?! In this #DOGECOIN monthly chart, I’m focusing solely on year 4. I’ve marked the opening price of each year 4 cycle’s daily candles with green and the closing price with red.
- 1st cycle: Year 4 started at $0.00023 and ended at $0.00851. • 0.00851 / $0.00023 = 37
- 2nd cycle: Year 4 started at $0.00460 and ended at $0.17064. 0.17064 / 0.00460 = 37
- The 3rd cycle’s year 4 for DOGECOIN is 2025, which hasn’t started yet.
If 2024 closes around $0.315, and history repeats, 2025 will end around $11.65, which is 37 times higher than the starting point for 2025 before a new cycle begins. It’s important to note that this prediction is based on 2025, starting at $0.315. This prediction is not the peak price for 2025 but the year-end price based on historical trends. To the Moon!”
Source – DOGE Price Prediction By Javon on X
Javon, another crypto analyst, referred to Dogecoin’s previous cycle with over 306x, and based on his speculation, this bullish price action has just been activated after DOGE closed above $0.31 on its yearly candle.
Is Dogecoin A Buy Or Sell? – DOGE Price Prediction Today, Tomorrow, Next Week
Source – DOGE Price Analysis From TradingView
Dogecoin’s current price action shows a buy signal on all timeframes after a successful closing of the yearly candle above $0.3. This suggests that the price could go higher from its current price point of around $0.34, as it looks set to rally higher to its expected all-time high of $1.
The price of DOGE currently trades above its 50-day EMA (Exponential Moving Average) as it faces a minor resistance around its 200-day EMA, which corresponds to $0.35. A break above this point could see the price of Dogecoin rally to its high of $0.5 and above.
Dogecoin’s bullish structure is one of the most watched currently. Crypto experts and investors believe DOGE could replicate its price rally of 36X, which could put its price in a range of $6-$20 per DOGE.
