Dogecoin, despite being held up around the $0.21 to $0.23 price zone, has seen its user base grow with adoption among crypto investors of all types. Notably, on-chain data shows that Dogecoin has now surpassed 8 million in terms of addresses holding a non-zero balance. On‑chain analytics from Santiment reveal that Dogecoin has risen from approximately 6.9 million holders earlier in 2025 to the latest 8 million milestone. Only Ethereum and Bitcoin exceed Dogecoin when it comes to user base size. Dogecoin Holder Count Keeps Surging The momentum behind Dogecoin’s adoption shows no sign of slowing down, and the number of addresses holding the meme cryptocurrency is now above 8 million. This trend in Dogecoin holders stems from the cryptocurrency increasingly becoming the go-to asset for many retail traders. This, in turn, has seen the number of Dogecoin holders continue to surge this year, especially as retail investors start to transition from other large market-cap cryptocurrencies like Bitcoin, which many now argue is the crypto for institutions. Related Reading: 4-Year Cycle Says Dogecoin Price Will Reach $1, Here’s Why Although Dogecoin also saw a huge growth in the number of holders in 2024, the growth in 2025 is outpacing the trend seen in 2024, To put this into perspective, it took the whole year to add 1 million new DOGE holders in 2024, whereas in 2025, the same milestone has taken less than eight months. This is a substantial increase from about 6.9 million holders in the beginning of 2025. The latest figures place Dogecoin well ahead of other large market cap cryptocurrencies such as Cardano (ADA), Chainlink (LINK), and XRP, as well as major stablecoins including USDT and USDC, in terms of total holder count. Only Ethereum, with about 148 million addresses, and Bitcoin, with around 55 million, surpass Dogecoin’s adoption levels. DOGE Whales Continue Accumulating The steady increase in new Dogecoin addresses has been supported by a corresponding increase in whale accumulation. Trading data shows that large wallets have added more billions of Dogecoins in recent weeks. For instance, recent on-chain data shows that wallet addresses holding between 100 million and 1 billion Dogecoin recently added about 2 billion Dogecoin worth $448 million to their holdings within a week. At the institutional level, Bit Origin made headlines after committing $500 million to a Dogecoin treasury last month when the price was hovering around $0.24. Related Reading: Dogecoin Targets $1.25, But This 170% Move Is The Start Technical traders are also paying close attention. One analyst known as Trader Tardigrade pointed out that DOGE’s current chart setup is nearing the final stages of consolidation before a pump on the daily candlestick timeframe chart. If this pump were to manifest, the analyst projects a pump to $0.41 after breaking out of a triangular consolidation pattern. Interestingly, a longer-term analysis from the same analyst on the monthly candlestick timeframe chart shows that Dogecoin has built a support base and is ready for the next leg up that would take it to as high as $4. At the time of writing, Dogecoin is trading at $0.222, up by 4.3% in the past 24 hours. Featured image from Getty Images, chart from Tradingview.com
Crypto analyst KrissPax has made a case for why the Dogecoin price could still reach the psychological $1 level based on the 4-year cycle. Analysts like Kevin Capital have also declared that DOGE’s best move is still ahead. Why The Dogecoin Price Can Still Reach $1 In an X post, KrissPax alluded to the 4-year cycle to prove why the Dogecoin price can still reach $1. He stated that meme coin has throughout its history shown patterns that reinforce these cycles of crypto trading. The analyst added that from bear markets to bull runs and blow-off tops, DOGE has repeated these movements, which indicate that a parabolic rally is going to happen this fall. Related Reading: Dogecoin Open Interest Remains Above $3 Billion, Can Bulls Take Control? In line with this, KrissPax remarked that the Dogecoin price could reach $1 if it follows the white upward sloping resistance, which he highlighted on his accompanying chart. Furthermore, he stated that if DOGE follows the blue arc from 2017, which supports the theory that the gains will be less each cycle with a larger market cap, then it could reach as high as $2 this cycle. The Dogecoin price is currently enjoying another uptrend after dropping below the psychological $0.2 level during the last market correction. DOGE is up over 17% in the last seven days and is now looking to reclaim its previous local high of around $0.26. Crypto analyst Ali Martinez has predicted that it would happen soon. In an X post, Martinez said that the Dogecoin price is targeting $0.27 as it forms a bullish flag on the hourly chart. Crypto analyst Trader Tardigrade also highlighted a bull flag breakout for DOGE on the 4-hour chart and stated that the meme coin is now targeting $0.295. Like KrissPax, Trader Tardigrade also indicated that the meme coin could reach the $1 price level at some point. He revealed that the Dogecoin price had confirmed a bullish crossover on the daily chart. The analyst further remarked that a decent surge could occur at this point. His accompanying chart showed that $1 was the target. The Best Is Yet To Come For DOGE In an X post, crypto analyst Kevin Capital indicated that the best is yet to come for the Dogecoin price. He stated that all monthly momentum, strength, and sentiment indicators on DOGE show that investors have not yet seen what the foremost meme coin is capable of. He noted that this is similar to many other altcoins. Related Reading: Dogecoin To $1 Is Within Reach—Here’s What Must Happen First, Says Analyst Kevin Capital further remarked that if all stays steady with the macro and the Bitcoin price holds up, then the Dogecoin price’s biggest move is likely still ahead. The Fed is expected to cut rates in September, which is a positive for DOGE, as it could inject more liquidity into the meme coin. At the time of writing, the Dogecoin price is trading at around $0.2362, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Crypto analyst TradingShot has revealed that the Dogecoin price has entered a bullish pattern, which could spark a parabolic rally to $1.5. Interestingly, the analyst also raised the possibility of the foremost meme coin reaching double digits. Dogecoin Price Eyes $1.5 With Bullish Livermore Cylinder Pattern In a TradingView post, TradingShot revealed that the Dogecoin price is inside a Livermore’s Cylinder, which suggests that the meme coin could soon rally to as high as $1.5. The analyst noted that DOGE has been trading within a bullish megaphone for the majority of its Bull Cycle since the October 9, 2023, low. Related Reading: Dogecoin Breaks Out Of 4-Year Bearish Streak With 65% Rally In line with this, TradingShot declared that this may technically have been so far one massive accumulation phase along with the rest of the altcoin market. This is where the Livermore Accumulation Cylinder comes in, as it draws comparisons with the Megaphone pattern. Based on this Livermore model, the analyst stated that the Dogecoin price is starting the aggressive breakout phase above the Cylinder. With the accumulation technically over, TradingShot predicts that the Dogecoin price may pursue levels 8 and 9, which give price targets of $1.50 and $12, respectively. These price levels will mark new all-time highs (ATH) for DOGE, with its current ATH at around $0.73. The analyst’s accompanying chart showed that the meme coin could reach this $1.5 target between now and year-end. Meanwhile, the Dogecoin price could reach $12 by July next year. In line with this, TradingShot admitted that the $12 target is not expected to happen in this current Bull Cycle, which he predicts would end in the next six months or thereabout. However, he added that the $1.50 target is well within reach in this cycle and exactly double the price of the previous cycle high. Therefore, the analyst declared that this target is a “very attractive top candidate.” Bullish Engulfing Candle About To Form For DOGE In an X post, crypto analyst Trader Tardigrade stated that the DOGE monthly candle will close in just one week and that a Bullish Engulfing Candle is likely to be established. In line with this, he declared that a big moment is coming for the Dogecoin price. His accompanying chart showed that the meme coin could reach as high as $7.5 on this run. Related Reading: Dogecoin Price Prediction: Expect 60% Liftoff If This Channel Breaks: Analyst In another analysis, he declared that a rally to $1 is incoming for the Dogecoin price, echoing TradingShot’s prediction. His accompanying chart showed that the foremost meme coin could reach this psychological level between now and September. At the time of writing, the Dogecoin price is trading at around $0.22, up over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
The Dogecoin price is on a fresh bullish path after surging past $0.26 over the weekend, igniting a new wave of optimism across the cryptocurrency market. As the meme coin regains momentum, one analyst is calling for a massive 2,600% surge that could take Dogecoin to a $1 trillion market cap and $6 price target this cycle. Analyst Sees Dogecoin Price Hitting $6.9 Soon Dogecoin has once again captured market attention with a powerful weekend rally that saw its price breaking above the $0.26 mark. This explosive movement came as renewed enthusiasm for the meme coin swept through the crypto market, bringing fresh momentum ahead of a possible breakout. Related Reading: This Fibonacci Level Puts The Dogecoin Price Above $10 This Cycle In an X social media post on July 17, just days ahead of the weekend, crypto analyst Kaleo predicted that Dogecoin is setting the stage for an almost 2,600% surge in this cycle. The analyst has also set a bullish target of $6.942 for Dogecoin, a massive leap from its current price of $0.27. Adding to the hype, Kaleo believes DOGE could eventually reach a $1 trillion market capitalization, marking an increase of over 2,350% from its current valuation of $40.8 billion. While his projections appear ambitious, they tap into the broader narrative that meme coins have transcended their joke origins to become digital assets with real value and utility. Throughout the bear market, Dogecoin has maintained a loyal following and consistent visibility, outlasting numerous tokens that faded into irrelevance. This sustained presence, combined with its cultural impact and bullish historical performance, has reinforced the idea that, despite its speculative nature, meme coins hold real and lasting value in the digital asset market. Although Kaleo’s ultra-bullish projection for the Dogecoin price and market cap this cycle has been met with varying degrees of skepticism and uncertainty, the market expert remains confident in his outlook. When a community member described his forecast as “a bit excessive,” Kaleo firmly responded that it was “not at all”. Dogecoin Set To Plummet Before Next Target In other news, crypto analyst Trader Tardigrade announced that Dogecoin appears to be following a classic bullish reversal pattern, as it completes a textbook Double Bottom formation on the daily chart. The meme coin broke out above the neckline resistance near $0.25, confirming the bullish structure that has apparently been developing since February. According to the expert, this breakout aligns with earlier predictions, particularly as the pattern began to take clearer shape during the June and July rallies. Related Reading: Dogecoin Returns To December 2020 Levels, Is Another 36,000% Rally Possible? As with Double Bottom patterns, Trader Tardigrade predicts that a temporary decline to the neckline, serving as the new support, is highly likely. If this scenario unfolds as stated, Dogecoin is then forecasted to surge to its next short-term target of $0.476, representing a more than 76% increase from current levels. Featured image from iStock, chart from Tradingview.com
Crypto analyst MMBTtrader has predicted that the Dogecoin price could record a 60% rally from its current level. He highlighted an ascending channel that the foremost meme coin needs to break above to witness this massive uptrend. Dogecoin Price Eyes 60% Rally To $0.4 In a TradingView post, MMBTtrader predicted that the Dogecoin price could rally to as high as $0.4 once it breaks above the ascending channel at around $0.243. He claimed that with good volume, the market will pump nonstop. The analyst is confident that this will happen, declaring that the breakout will be huge and that a 60% rally is a likely target. Related Reading: This Fibonacci Level Puts The Dogecoin Price Above $10 This Cycle MMBTtrader also stated that the market would be extremely bullish if the Dogecoin price should rally to this $0.4 target. He predicted that the $0.75 and $1 price levels will be in sight once DOGE reaches $0.4. A rally to these $0.75 and $1 targets would mark new all-time highs (ATHs) for the leading meme coin. DOGE has sometimes lagged behind other meme coins. However, the crypto analyst expects the Dogecoin price to pump massively this time and be “a leader of memes for weeks.” The meme coin looks to be already leading the way, standing out as one of the top gainers during the current crypto market rally. The Dogecoin price has broken above the psychological $0.2 level and looks ready to reach new highs in the coming weeks, with a break above the $0.42 level, MMBTtrader highlighted. Fundamentals, such as the potential launch of Dogecoin ETFs, could serve as a tailwind for higher prices. Bloomberg analysts James Seyffart and Eric Balchunas predict there is a 90% chance the SEC will approve these funds this year. Only A Matter Of Time For DOGE In an X post, crypto analyst Kevin Capital remarked that it is only a matter of time before the Dogecoin price makes its move back up to between $0.28 and $0.30 and then “well beyond.” He added that as long as the Bitcoin price holds up and continues to show strength, this move for DOGE should come sooner rather than later. Related Reading: Dogecoin Returns To December 2020 Levels, Is Another 36,000% Rally Possible? Crypto analyst Trader Tardigrade revealed that the DOGE/BTC pair has formed a Cup-and-Handle pattern and broken out of the trendline. He had noted that this bullish pattern suggests that the meme coin may outperform the flagship crypto. The analyst added that the Dogecoin price has gained strong momentum. This recent analysis echoes an earlier prediction, when Trader Tardigrade also stated that DOGE may soon show a God candle on its BTC pair. At the time of writing, the Dogecoin price is trading at around $0.24, up 14% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Crypto analyst DOGECAPITAL has drawn attention to a Fibonacci level, which suggests that the Dogecoin price could rally above $10 in this bull run. The analyst noted that DOGE previously reached this Fibonacci level, which suggests it may do so again in this cycle. Dogecoin Price Eyes Rally Above $10 With This Fibonacci Level In an X post, DOGECAPITAL predicted that the Dogecoin price could rally above $10 if it reaches the 423.6% Fibonacci level. The analyst used the Fibonacci tool to highlight the fact that both the first and second DOGE cycles topped at the 423.6% level. Based on this, the foremost meme coin could reach this level, surpassing the $10 target. Related Reading: Dogecoin Returns To December 2020 Levels, Is Another 36,000% Rally Possible? Interestingly, DOGECAPITAL noted that should history repeat itself, the Dogecoin price could rally to as high as $36, which is where the 423.6% is. This could mark the potential top for the meme coin in this cycle. The analyst also confirmed that DOGE is nowhere near its top in this third cycle based on the historical timing of past cycles. If this historical pattern keeps playing out, DOGECAPITAL predicts that the projected top for the Dogecoin price could occur around the final week of October. The analyst also believes that the market has entered DOGE season with Bitcoin reaching new all-time highs (ATHs) and the meme coin currently sitting near key support. However, despite the current bullish sentiment in the crypto market, it is worth noting that the Dogecoin price is still sitting just below the psychological $0.2 level. As such, this raises doubts about whether the DOGE season has truly begun. Crypto analyst Trader Tardigrade stated that the DOGE/BTC chart may show a God candle this season, which would kickstart the DOGE season. Meanwhile, crypto analyst Kevin Capital noted that the DOGE/BTC chart is sitting in a historical zone of support. He added that the monthly time frame indicators are also fully reset, providing the best setup for the Dogecoin price. DOGE Eyes Rally To $0.25 In The Short Term In an X post, crypto analyst Ali Martinez predicted that the Dogecoin price could rally to $0.25 in the short term. Alluding to DOGE’s daily chart, Martinez stated that the meme coin is trading within a channel and that it just bounced off the bottom. He added that a buying spike at this level could send DOGE to the top of the channel at $0.25. Related Reading: Analysts Predict Major Dogecoin Price Rally After Breaking 50-Day Trendline This level is significant as it marked the last local top for the Dogecoin price. As such, a successful break above this level could lead to higher prices for the meme coin. Meanwhile, Trader Tardigrade stated that DOGE’s daily RSI might find support soon, completing a healthy pullback and preparing for a new surge. At the time of writing, the Dogecoin price is trading at around $0.19, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Crypto analyst TradingShot has drawn attention to a bullish pattern for Dogecoin, indicating that a significant price surge is on the horizon. The analyst suggested that this could be the final leg up for the foremost meme coin and advised market participants not to miss it. Dogecoin Eyes Parabolic Rally With Megaphone Pattern In a TradingView post, TradingShot predicted that Dogecoin could rally to as high as $1.25. He noted that the meme coin has been trading in a bullish Megaphone pattern within a channel up. The analyst added that the recent rebound on June 16 on the weekly MA200 is a higher low at the bottom of both patterns. Related Reading: Machine Learning Algorithm Predicts Dogecoin Price To Jump Double-Digits To $0.2 With the 1-week Relative Strength Index (RSI) also rebounding on its long-term support zone, TradingShot declared that Dogecoin is most likely at the start of a new bullish leg. He noted that this could be the final rally that will shape this cycle’s top. Meanwhile, the analyst claimed that DOGE is targeting $1.25 because the previous two bullish legs peaked on the 3.618 Fibonacci extension of the last decline. He told market participants that they can settle for $0.8 if they wish to pursue a target within the Channel up. A rally to both $0.8 and $1.25 would mark new all-time highs (ATHs) for Dogecoin, whose current ATH is at $0.73. His accompanying chart showed that DOGE could reach these targets in the first half of next year. Dogecoin is expected to maintain a steady climb from now till then as it reaches those targets. The meme coin has already begun another uptrend following Bitcoin’s rally to a new ATH. DOGE has again reclaimed the $ 0.20 psychological price level and could potentially reach its last local high at around $0.26. DOGE Against Its Bitcoin Pair In an X post, crypto analyst Kevin Capital stated that the DOGE/BTC chart is sitting in a historical zone of support with the monthly time frame indicators fully reset. The analyst indicated that this was possibly the best setup for Dogecoin, one that could spark a massive run for the meme coin. Related Reading: Analysts Predict Major Dogecoin Price Rally After Breaking 50-Day Trendline Meanwhile, crypto analyst Trader Tardigrade stated that the Dogecoin-to-Bitcoin chart might show a God candle this month. This God candle could spark a DOGE season, when the meme coin is expected to outperform the flagship crypto. The analyst’s accompanying chart showed that DOGE could rally to as high as $9 during this period. Meanwhile, he highlighted the $0.2 support level as being crucial for this lift-off for the meme coin. At the time of writing, the Dogecoin price is trading at around $0.2, up almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
The Dogecoin price may be setting up for a significant rally as a technical analyst identifies a bullish breakout above the 50-day trendline. After months of compressed price action, the meme coin now appears poised to conclude its downtrend, igniting fresh optimism within the crypto community. Dogecoin Price Set For Game-Changing Rally Trader Tardigrade, a crypto market analyst, announced in an X (formerly Twitter) post on July 1 that the Dogecoin price has just broken above a critical 50-day descending trendline on its daily chart. With this new development, the analyst anticipates the potential start of a powerful upward price movement soon. Related Reading: Dogecoin Price Retests 100 SMA Again – Here’s What It Means For Price Notably, the trendline breakout marks a significant shift in momentum for Dogecoin, which had been locked in a consistent downtrend over several weeks. The leading meme coin is currently trading at $0.17, having declined by almost 10% over the past month, according to CoinMarketCap. With the potential end of this market downturn in sight, Trader Tardigrade suggests that DOGE’s microstructure is now beginning to show early signs of a bullish reversal pattern. In his price chart, the analyst notes that Dogecoin established a higher low, followed by a higher high after its breakout above the long-standing trendline. More recently, a second higher low has formed, reinforcing the possibility that a new uptrend is underway. This structure, characterized by successively higher highs and lows, is often seen as the earliest confirmation that buyers could be regaining control of the market. The breakout is also especially significant because it follows an extended period of lower lows and lower highs, with the 50-day trendline acting as a strong resistance barrier throughout. With that resistance now breached and early signs of a bullish market structure developing, Trader Tardigrade is increasingly optimistic about Dogecoin’s near-term prospects. If the current trend persists, it could signal the start of a sustained rally for the meme coin. Analyst Says Dogecoin Below $0.2 Is Free In a separate analysis, market expert Kaleo disclosed that Dogecoin’s current price below $0.20 presents a strong accumulation opportunity, implying that the meme coin is significantly undervalued when compared to its potential upside. Backing his view with a chart, the analyst projected that the Dogecoin price may be on the verge of a major breakout, with possible upside targets indicating a surge toward $1.5 and possibly beyond $ 3.50. Related Reading: Dogecoin Price Rocked By Market Collapse, Analyst Reveals When To Buy Kaleo’s chart analysis highlights strong similarities between Dogecoin’s current market structure, following the April 2024 Bitcoin halving, and the 2020 breakout that preceded the meme coin’s historic bull run. In 2020, Dogecoin traded sideways within a Falling Wedge pattern for months before a breakout triggered a parabolic surge to fresh ATHs. The current price action exhibits a nearly identical setup, with the meme coin now emerging from a similar multi-year Falling Wedge, potentially setting the stage for another historic bull rally. Featured image from iStock, chart from Tradingview.com
The Dogecoin price is in focus, having closed the daily candle with a Doji. Crypto analyst Trader Tardigrade commented on this development and revealed what it could mean for the foremost meme coin. What’s Next For Dogecoin Price Following Doji Daily Close In an X post, Trader Tardigrade highlighted the fact that the Dogecoin price daily candle closed with a Doji. He remarked that a new sign of a breakout has emerged following a Doji at the end of a downtrend. The analyst noted that this indicates a high possibility of a trend reversal from downtrend to uptrend. Related Reading: Dogecoin Price Enters Historical Bounce Zone, But Will This Time Be Different? The Dogecoin price has witnessed a massive decline over the last month, down over 27% during this period, according to CoinMarketCap data. DOGE has dropped way below the psychological $0.2 price level, providing a bearish outlook for the meme coin. However, Trader Tardigrade’s analysis suggested that the meme coin could soon record another massive rally to the upside. The analyst’s accompanying chart showed that the Dogecoin price could reclaim the $0.2 level on this projected trend reversal to the upside. Fundamentals also support a DOGE rally, seeing as tensions in the Middle East have cooled off, with Israel and Iran agreeing to a ceasefire. Meanwhile, the Bitcoin price has again rallied and reclaimed the $106,000 level. This is bullish for the meme coin given its correlation with the flagship crypto. In another X post, Trader Tardigrade provided a bullish outlook for the Dogecoin price, stating that DOGE season could be approaching soon. He revealed that the DOGE/BTC pair has experienced the last shakeout, signaling the start of the meme coin’s season. His accompanying chart showed that Dogecoin could rally above $2 once this DOGE season begins. Key Levels To Watch For DOGE In a YouTube video, crypto analyst Kevin Capital highlighted the range between $0.12 and $0.142 as the key level to watch for the Dogecoin price. The analyst also alluded to DOGE’s weekly Relative Strength Index (RSI), stating that the meme coin cannot afford to drop below 38. He claimed that a drop could lead to the meme coin falling into a bear market structure. Related Reading: Dogecoin Price Crash Below $0.2: 4H Order Block Shows Exactly What’s Happening Kevin Capital then highlighted the DOGE/BTC pair, noting that the meme coin is at a critical level that it needs to hold above if it is to outperform Bitcoin later in the year. The analyst expects the meme coin to make a significant run and outperform the flagship crypto when the Fed begins to ease monetary policies. The analyst remarked that a positive for DOGE is that there are bullish indicators flashing for the meme coin on the daily timeframe. At the time of writing, the Dogecoin price is trading at around $0.16, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Crypto analyst Crypto Bullet has raised the possibility of the Ethereum price surging by 38% soon. He alluded to the 50EMA as the only thing holding ETH from witnessing this price surge, but suggested that it could change soon with a breakout on the horizon. Ethereum Price Eyes 38% Jump To $3,500 In an X post, Crypto Bullet predicted that the Ethereum price could record a 38% surge to $3,500. This came following as he highlighted the ongoing battle between ETH and the 50EMA, noting that this indicator was the only thing holding the altcoin back from a parabolic surge. The analyst added that on average, a breakout results in a 38% pump, which puts Ethereum exactly at $3,500. Related Reading: Pundit Says Do Not Ignore Ethereum Amid New All-Time Highs In Major Metric As NewsBTC reported, Crypto Bullet also recently predicted that the Ethereum price could rally to $3,300 as a Morningstar Candle pattern formed. Back then, he noted that ETH was facing tough resistance at $2,500 but affirmed that the resistance would be broken in due time. He indicated that a breakout from that resistance will usher in the rally to $3,300. The Ethereum price has now broken above the $2,500 resistance, which provides a bullish outlook for the largest altcoin by market cap. Based on Crypto Bullet’s prediction, a rally to $3,300 may already be underway, which could then lead ETH to the $3,500 target. In a more recent X post, the crypto analyst commented on the recent break above $2,500. He stated that the Ethereum price is now trying to break the 200-day MA, which is between $3,000 and $3,300, for the fifth time. He indicated that a breakout above the range is likely to happen on this fifth attempt. His accompanying showed that ETH could rally to the $4,000 level if a successful breakout occurs. ETH About To Begin A New Bull Run Crypto analyst Trader Tardigrade predicted that another bull run is about to start for the Ethereum price. He noted that ETH’s daily candle closed above the resistance level at $2,650 yesterday and also opened above this resistance level today. The analyst added that ETH is now moving above it, which signals the start of a new bull run. Related Reading: FTX Repayments About To Dump $5B On The Market, How Will Bitcoin And Ethereum React? His accompanying chart showed that the Ethereum price is breaking out of an ascending triangle, which could send the altcoin above the psychological $3,000 level. Crypto analyst Mikybull Crypto also declared that Ethereum’s breakout will be huge, with ETH still maintaining its current range between $2,400 and $2,600. At the time of writing, the Ethereum price is trading at around $2,670, up over 7% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Dogecoin’s open interest is in focus, with this crucial metric highlighting the amount of interest that the top meme coin is getting at the moment. This comes as DOGE continues to struggle below the psychological $0.2 level, providing a bearish outlook for the meme coin. Dogecoin Open Interest Averages $2 Billion In June Coinglass data shows that Dogecoin open interest (OI) has been hovering around $2 billion since the start of this month. This represents a drop from the open interest recorded in May. DOGE’s OI had climbed to as high as $3.07 billion on May 11 as the meme coin’s price surged to $0.25. Related Reading: Forget Dogecoin At $1: Price Could Rally To $12 If History Repeats Itself This drop in Dogecoin open interest can be attributed to the drop in DOGE’s price since then. The meme coin began the month below the psychological $0.2 level, which has sparked bearish sentiments. Open interest refers to the amount of interest in the derivatives market for a particular asset. As such, a drop in this metric is usually bearish. However, it is worth mentioning that the Dogecoin open interest is still above the monthly average recorded in March and April, during the period when the Trump tariffs caused crypto assets to tumble. Back then, DOGE dropped to as low as $0.14 and was at risk of losing its bull market structure. Crypto analyst BitMonty expects DOGE to bounce back amid this drop in the Dogecoin open interest. In an X post, he said the meme coin is testing the 0.618 Fib retracement and the lower boundary of a falling wedge. He added that this is a high confluence bounce zone, and reversal signs could spark a breakout move soon. BitMonty predicts that DOGE could rally to as high as $0.26420 on this bounce. DOGE Setting Up For A Bullish Reversal In an X post, crypto analyst Trader Tardigrade indicated that the Dogecoin price may be setting up for a bullish reversal. He revealed that DOGE is returning to the previous swing low, while the RSI shows a higher low. The analyst noted that this could lead to a bullish divergence, indicating weakened selling momentum and early signs of a potential reversal to the upside. Related Reading: Dogecoin Price Expected To Reach $3 By EOY As 2021 Cycle Trend Returns In another X post, Trader Tardigrade stated that Dogecoin is expected to experience a significant surge before entering a prolonged falling wedge pullback. Interestingly, his accompanying chart showed that the meme coin could rally to as high as $30. However, this price surge isn’t expected to happen in just this market cycle alone, with the chart highlighting 2029 as the target year to reach this price level. At the time of writing, the Dogecoin price is trading at around $0.18, down over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Dogecoin (DOGE), the number one meme coin, is making headlines once again, and this time, it’s due to the sudden formation of an Ascending Triangle pattern on its daily chart. This promising technical setup has caught the eye of a crypto analyst, who now forecasts an imminent bullish breakout that could propel DOGE to higher prices. Dogecoin Prepares For Solid Breakout To $0.285 A fresh analysis posted on X (formerly Twitter) by market expert Trader Tardigrade suggests that Dogecoin has established a clear Ascending Triangle structure on the daily timeframe. This pattern, characterized by a rising support trendline and a relatively flat resistance zone, typically signals a bullish continuation if a cryptocurrency successfully breaks above resistance. Related Reading: Dogecoin Price Breaks Out Of Bearish Trendline And Enters Ascending Channel Headed For $0.3 Interestingly, the appearance of this chart formation has prompted the analyst to issue a bullish forecast, expecting Dogecoin to target the $0.285 price level once it breaks out of the triangle. Trader Tardigrade’s chart indicates that Dogecoin has already completed four key touches with the triangle — two on the ascending support and two on the upper boundary of the pattern. A fifth touch appears to be forming, setting the stage for a possible breakout. As a result, the crypto analyst predicts that, upon breaking above resistance, Dogecoin could rally toward the $0.285 level, highlighted by the ascending purple arrow. While DOGE’s price action remains within the Ascending Triangle, for now, Trader Tardigrade watches as the meme coin tests the upper boundary. If momentum holds and volume supports this move, Dogecoin could see a 42.5% jump from its current price of $0.206. Converging Wedge Support DOGE Bullish Outlook Backing Trader Tardigrade’s bullish forecast of a potential short-term rally to $0.285 is a converging wedge pattern on the Dogecoin H4 chart. This chart formation typically signals a period of price compression before a breakout. Related Reading: Dogecoin Price Could Surge Further As Demand Grows, But This Trendline Holds The Key The analysis shows that Dogecoin is trading within two gradually narrowing trendlines—one sloping downward, acting as resistance, and the other sloping upward, providing solid support. DOGE’s price has respected these boundaries over multiple sessions, bouncing between them as it consolidates. Trader Tardigrade noted that Dogecoin is currently sitting right on the support line, a critical juncture that could determine its next major move. The current wedge structure also suggests that bulls may soon take the upper hand, as the projected path drawn on the chart outlines a possible minor retest before a bullish breakout. This breakout would ultimately push the Dogecoin price beyond the upper resistance line, potentially driving it past the $0.285 level and toward $0.29. The peak of the large green arrow on the price chart reflects this projected rally, hinting at renewed upward momentum for DOGE. In the meantime, all eyes are on the support line as Dogecoin coils tightly within this narrow range. Featured image from Getty Images, chart from Tradingview.com
The Bitcoin price action has once again caught the attention of the broader crypto market, as it flashes major bullish signals that have, without fail, led to significant rallies throughout this cycle. Building on this technical signal, a crypto analyst has forecasted that Bitcoin could mirror historical trends and potentially surge to a new all-time high. Bollinger Band Signal Hints At Bitcoin Price Rally A closer look at Bitcoin’s weekly chart presented by Bitcoinsensus on X (formerly Twitter) reveals a critical pattern that has only appeared four times since 2022. Each occurrence has marked the beginning of a strong upward movement in Bitcoin’s price, making this a highly bullish setup. Related Reading: Elliot Wave Theory Shows Where Bitcoin Is In This Cycle – Bull Rally Over? The signal in question is the Bollinger Bands, which is known to identify potential reversal zones. The analysis shows that Bitcoin has recently touched the lower Bollinger Band on the weekly chart and bounced upward, confirming a support level that historically acted as a springboard to sustained bullish momentum. This marks the fifth time this specific signal has occurred during this cycle. Each of the past four signals, highlighted by the white circles on the chart, was followed by strong price rallies. Notably, in early 2023, Bitcoin rallied from below $2,000 to over $30,000 following the appearance of this Bollinger Band signal. A similar pattern played out in mid-2023 when this setup triggered a surge that pushed Bitcoin above $45,000. Later that year, the same signal preceded a breakout, with BTC soaring past $60,000. Most recently, in early 2024, the Bollinger Band signal sparked a parabolic run above $100,000. Now, in Q2 of 2025, Bitcoin is once again flashing this historically reliable indicator. Its price found strong support near the $77,500 level, with resistance levels set above $106,000. As the Bollinger Bands align, Bitcoinsensus predicts a potential rally toward $130,000 – $160,000. This would mark a historical all-time high for Bitcoin, representing a maximum increase of over 46.7% from its current ATH above $109,000. BTC Poised For Breakout As Price Nears $100,000 Again The Bitcoin price is once again approaching the $100,000 mark after its latest 4.75% surge this past week. Amidst its price recovery, crypto analyst Trader Tardigrade predicts that Bitcoin will soon break out of bearish resistance to reach new highs. Related Reading: Bitcoin Raging Bull Indicator Turns Back On, But This Level Holds The Key The analyst shared a BTC chart analysis highlighting a recurring breakout pattern that has historically preceded large upward moves after a breakout from a descending resistance trendline. This pattern has emerged three times in the past: first from late 2022 to early 2023, then from mid-2023 to early 2024, and finally from late 2024 to early 2025. In the current setup, Bitcoin is once again testing the descending trendline resistance and appears to be breaking out from it. If history is any indication, the analyst projects a potential target zone between $100,000 – $136,000, marking a new ATH. Featured image from Pixabay, chart from Tradingview.com
Crypto analyst Cryptokijker has revealed that the Dogecoin price is poised for a breakout amid massive whales’ accumulation. The analyst also revealed the price targets that DOGE could reach following this breakout. Dogecoin Price Poised For Breakout Above $0.17 In a TradingView post, Cryptokijker predicted that the Dogecoin price is poised for a breakout above $0.1790. The analyst revealed that the targets on this potential breakout are $0.1840 and $0.1920. He noted that the price at this level is showing a neutral-bullish structure after the recent breakout above the Previous Day Low (PDL). Related Reading: Crypto Analyst Says Dogecoin Is Repeating History – Here’s What Happened The analyst also highlighted a hidden bullish divergence spotted on the Relative Strength Index (RSI), indicating strength beneath the surface. This Dogecoin price prediction comes amid a massive accumulation of DOGE by whales. He noted that smart money has been accumulating heavily within the discount zone between $0.15 and $0.16, which supports this bullish bias. The analyst observed that the break of structure on the chart signals the start of a markup phase. He further remarked that the volume profile supports the accumulation-to-expansion transition. Meanwhile, the strong support confirmed at the $0.1760 zone aligns with previous discount accumulation, and the momentum building above the PDL suggests that the Dogecoin price could sustain this bullish momentum. Market participants will also be watching the psychological $0.2 level for the Dogecoin price on this potential breakout. Crypto analyst Ali Martinez revealed that DOGE could rally towards its all-time high (ATH) if it can secure a monthly close above $0.20. The analyst remarked that such a breakout would signal strong bullish momentum and potentially attract increased investor interest. It is worth mentioning that crypto analyst Master Kenobi also recently predicted that the Dogecoin price could reach a new ATH by June. He stated that the foremost meme coin could hit as high as $0.9 on the rally to a new ATH. Other Factors That Support A DOGE Breakout Crypto analyst Trader Tardigrade stated that a Dogecoin price breakout is expected soon, which will send the meme coin higher. This came as he noted that DOGE has been moving between different ranges, experiencing both false breakdowns and breakouts. The analyst added that the meme coin has now returned to its current range, setting the stage for a price breakout. Related Reading: Dogecoin Price Eyes Next Critical Level At $0.18, Is A Break Above $0.25 Possible? In another X post, Trader Tardigrade revealed that the Dogecoin price is forming a diamond above the trendline at around $0.15. Based on this, he affirmed that things are going great for DOGE and urged market participants to wait for the next breakout. At the time of writing, the Dogecoin price is trading at around $0.17, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Crypto analyst KrissPax has revealed that the Dogecoin price is mirroring a pattern from a previous bull run. Based on this, he raised the possibility of a price surge to $4 for the foremost meme coin. Dogecoin Price Mirroring 2017 Pattern As It Eyes Rally To $4 In an X post, KrissPax stated that the Dogecoin price continues to trade in a similar pattern to the 2017 bull cycle. He added that if the second large breakout of this cycle happens, DOGE could surge well over its current all-time high (ATH) of $0.73. His accompanying chart showed that the foremost meme coin could reach $4 when this price breakout occurs. Related Reading: Dogecoin Price Is Mirroring This Bullish Pattern From 2017, Next Stop $1.1? Crypto analyst Master Kenobi also recently mentioned that the Dogecoin price is mirroring a bullish pattern from the 2017 bull run. Like KrissPax, he also alluded to DOGE witnessing a second parabolic phase of its bull run, just like in 2017. However, he gave a more conservative prediction, predicting that DOGE could rally to $1.1 by June later this year. The Dogecoin price already looks set for the second phase of its bull run, seeing as the foremost meme coin looks bottomed. Crypto analysts like Trader Tardigrade also suggested that DOGE has bottomed, having dropped to as low as $0.14. Now, the foremost meme coin could be targeting new highs, especially with the Bitcoin price also in rebound mode. Crypto analyst Ali Martinez stated that the Dogecoin price is breaking out of a triangle, which can result in a 16% upswing. The target is a rally to $0.183, which could pave the way for a further rally to the psychological $0.2 price level. Dogecoin whales are also actively accumulating in anticipation of this price surge, as they bought over 120 million DOGE last week. A Breakout Has Yet To Occur While analyzing DOGE’s daily chart, Trader Tardigrade warned that the Dogecoin price hasn’t broken out just yet. His accompanying chart showed that the foremost meme coin needs to break above $0.185 to confirm the breakout. The analyst also noted that DOGE is struggling to break a descending trendline, as it continues to stay below this resistance after several attempts. Related Reading: Dogecoin Activity Levels Crash To 4-Month Lows, Does This Spell Doom For The Meme Coin? However, the analyst provided some positives for the Dogecoin price, stating that the RSI has shown a breakout, indicating that DOGE has gained significant momentum recently. He added that a strong uptrend could occur if this momentum continues to build. The accompanying chart showed that the meme coin could record a parabolic rally to as high as $0.5 if it breaks above $0.185. At the time of writing, the Dogecoin price is trading at around $0.18, up over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Crypto analyst CobraVanguard has revealed the next price target for Dogecoin as an ascending triangle forms for the foremost meme coin. A rally to this price target could pave the way for the new highs, especially with the crypto market looking to be in rebound mode. Next Target For Dogecoin As Ascending Triangle Forms In a TradingView post, CobraVanguard set $0.197 as the next target for the Dogecoin price with an ascending triangle forming. He noted that this ascending triangle indicates a potential price increase. The analyst added that it is anticipated that the price could rise, aligning with the projected price movement of AB=CD. Related Reading: Dogecoin Price Turns Bullish With 1-Day RSI In Oversold Region, Why DOGE Can Reach $0.9 Meanwhile, CobraVanguard warned that it is crucial to wait for the triangle to break before taking any action. His accompanying chart showed that Dogecoin needs to break above $0.177 to confirm a break above the ascending triangle. A break above that target would then lead to a rally to the $0.197 target. Dogecoin already looks to be in rebound mode at the moment, alongside Bitcoin, which is nearing the $90,000 mark again. The foremost meme coin is nearing the $0.177 target for a break above the ascending triangle. As crypto analyst Kevin Capital suggested, DOGE will likely rally as long as BTC is in bullish territory. Crypto traders are also betting on a Dogecoin rally to the upside. Crypto analyst Ali Martinez revealed that 76.26% of traders with open DOGE positions on Binance futures are leaning bullish. This is particularly bullish because Binance traders have a good track record of being right most of the time. In another X post, Martinez revealed that whales bought over 120 million DOGE last week, which is also bullish for the foremost meme coin. DOGE’s Market Structure Has Shifted In an X post, crypto analyst Trader Tardigrade revealed that Dogecoin’s market structure has shifted. This came as he noted that Dogecoin is recovering from an ascending triangle, forming higher highs and higher lows from lower highs and lower lows. Related Reading: Dogecoin Price Stages Bounce From Lower Border Of Second Falling Wedge, New Targets Unlocked? Based on this, the analyst affirmed that Dogecoin had shifted the market structure from a downtrend to an uptrend on the hourly chart since it just formed the second higher high. His accompanying chart showed that DOGE is eyeing a rally to $0.177 as it continues to form higher highs. Martinez raised the possibility of the Dogecoin price rallying to as high as $4 or even $20 in the long term. He stated that if DOGE holds above the $0.16 support at the lower boundary of an ascending channel, history suggests that it could rebound toward the mid-range at $4 or upper range at around $20. At the time of writing, the Dogecoin price is trading at around $0.174, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pexels, chart from Tradingview.com
Crypto analyst Ali Martinez has revealed a bearish on-chain metric for Dogecoin, sparking a negative outlook for the foremost meme coin. Based on this, DOGE could be at risk of suffering further price declines. Dogecoin’s Activity Levels Crash To 4-Month Lows In an X post, Martinez revealed that Dogecoin’s network activity has dropped to its lowest level since October 2024, with just 66 whale transactions and fewer than 60,000 active addresses daily. Bitcoinist had also recently reported that DOGE’s large transactions had dropped by 88% since the end of last year. Related Reading: Dogecoin Large Transaction Volume Explodes 41%, Daily Addresses Spike 35%, Catalyst For Surge To $1? This drop in Dogecoin’s network activity coincides with the price crash that the foremost meme coin has experienced since it reached a local high of around $0.46 in December. The whales massively influence DOGE’s price action, and the decline in whale transactions provides a bearish outlook for the meme coin. With Dogecoin whales choosing to remain on the sidelines, the DOGE price could experience further declines. The meme coin has already dropped around 50% from its local high recorded in December, sparking concerns that its bull run has ended. Besides the drop in whale transactions and active addresses, DOGE’s open interest has also sparked concerns. As Bitcoinist reported, Dogecoin’s open interest has dropped to December 2024 levels. DOGE witnessed a price crash back then as it fell from its local high. As such, the foremost meme coin is again at risk of suffering a price crash that could send it below the $0.2 psychological price level. With such a bearish outlook, Dogecoin is at risk of testing the $0.19 price level. This level is significant as Martinez has before now suggested that a break below this level would suggest that DOGE’s bull run is over. However, he affirmed that as long as it holds above this level, then the foremost meme coin could still rally to as high as $4 in this cycle. Final DOGE Pullback Before Next Leg Up In an X post, crypto analyst Trader Tardigrade suggested this might be the final Dogecoin pullback before the next leg up. He remarked that DOGE may have completed the recovery phase. The analyst added that the meme coin’s markup phase is coming soon. His accompanying chart showed that Dogecoin could rally to as high as $7 when this markup phase occurs. Meanwhile, in another X post, Trader Tardigrade stated that Dogecoin had reached the same retracement angle from the previous top. In line with this, he remarked that this might be the final DOGE level of the current pullback. Related Reading: Dogecoin Price Confirming Final Retest, Here Are The Levels To Watch For A Bullish Breakout At the time of writing, the Dogecoin price is trading at around $0.23, down almost 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Crypto analyst Basic Trading has revealed that the Dogecoin price is confirming a final retest before a potential move to the upside. In line with this, he revealed price levels to watch for as DOGE eyes a bullish breakout. Levels To Watch For As Dogecoin Price Confirms Final Retest In a TradingView post, Basic Trading highlighted $0.2, $0.5, and $5 as the levels to watch out for as the Dogecoin price confirms a final retest. This came as the analyst noted that market participants are about to witness a textbook ‘break and retest’ for Dogecoin. Alluding to the monthly chart, the analyst said that DOGE is obviously in an upward trend despite recent corrections. Related Reading: Dogecoin $10 Price Target Back In Play? Here’s What The Charts Say Basic Trading also remarked that the Dogecoin price has seen the expected correction of about 50% following its textbook retest of the previous all-time high about three months ago. The analyst is confident that the foremost meme coin is about to confirm the bullish break and retest, which would eventually lead to a parabolic rally and new highs. He predicts that DOGE will witness significant buy pressure, pushing the Dogecoin price to its current local high of around $0.5. This potential breakout would pave the way for a rally to a new ATH. Basic Trading believes that the foremost meme coin can rally to as high as $5 because of its performance in previous cycles. The analyst noted that the Dogecoin price enjoyed an 8,000% gain in the 2017 bull cycle and a 50,000% in the 2021 cycle. As such, he believes the $5 price level is a conservative target for DOGE in this bull run. Crypto analyst Dima Potts also recently predicted that Dogecoin could reach $10 in this cycle as it is mirroring a similar pattern from the 2017 bull cycle. $3 Remains A Strong Possibility For DOGE In an X post, crypto analyst Ali Martinez revealed how the Dogecoin price could rally to as high as $3 in this market cycle. He noted that the most critical support zone for DOGE is between $0.19 and $0.16. According to him, if this level holds, the $3 target remains a strong possibility for the foremost meme coin. Related Reading: Dogecoin Price Knocks Off Second Major Correction, When Will The Recovery To $1 Resume? Crypto analyst Trader Tardigrade also provided a bullish outlook for the Dogecoin price. In an X post, he stated that DOGE’s macro chart is showing a similar price pattern. The analyst remarked that if it mirrors the 2017 moves, DOGE could soon experience another massive surge. His accompanying chart showed that the meme coin could reach $1.7 when this massive surge happens. At the time of writing, the Dogecoin price is trading at around $0.25, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com
Crypto analyst Dima Potts has provided insights into the current Dogecoin price action. In his analysis, Potts highlighted the $0.28 price level as being the next major milestone for DOGE as it eyes a breakout on its way to a new all-time high (ATH). Why $0.28 Is The Next Major Milestone For Dogecoin’s Road To ATH In an X post, Dima Potts revealed that $0.28 would be the next major milestone for Dogecoin on its road to a new ATH. The analyst stated that he expects DOGE to move towards the $0.28 range, similar to the previous cycle. As such, he remarked that this range marks the next major milestone for the foremost meme coin. Related Reading: Historical Performance Says Dogecoin Price Could Surge To $2.2, Here’s How The analyst further noted that beyond this point, there would be an increase in volatility with the Dogecoin price consolidating before heading towards new yearly highs and eventually its ATH. In the meantime, Potts noted that the $0.25 price level continues to serve as a short-term support level that DOGE’s price should follow, just like in the 2017 cycle when this pattern emerged. The analyst had earlier revealed that a similar pattern to the one in the 2017 cycle was emerging for Dogecoin in this cycle. He alluded to this pattern as why DOGE can rally to as high as $10 in this cycle. Potts remarked that he believes the meme coin will head towards its all-time highs and then much higher in the coming weeks, mirroring its 2017 performance. Meanwhile, crypto analyst Kevin Capital recently highlighted the Dogecoin price’s struggle to reclaim this $0.28. This came as he noted that DOGE has failed to get above the macro golden pocket and weekly bull market support band, which is around the $0.28 range. In line with this, he stated that it is time to watch the Bitcoin price even closer to see if the flagship crypto can help the foremost meme coin witness a bullish reversal soon enough. DOGE Has Entered A Boring Phase In an X post, crypto analyst Trader Tardigrade stated that the Dogecoin price has entered the “boring phase.” In line with this, he told market participants to expect tight consolidation at the current level over the next few weeks before the massive DOGE rally. His accompanying chart showed that DOGE could rally above $1 when this rally happens. Related Reading: Dogecoin Traders Remain Extremely Bullish Despite Price Crash, Here Are The Numbers Crypto analyst Kevin Capital stated that the Dogecoin price is still in risky waters. He remarked that the meme coin needs to get above the macro golden pocket and weekly bull market support band at $0.30 on weekly closes. The analyst added that it is only when that happens that market participants can feel good again about DOGE attacking the highs and beyond. At the time of writing, the Dogecoin price is trading at around $0.25, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Crypto analyst Trader Tardigrade has drawn the community’s attention to a bullish pattern that has formed for Solana. Based on this pattern, the analyst predicted that SOL could witness a parabolic rally to a new all-time high (ATH) and provided a target that the crypto could reach. Solana Could Rally To $565 As Ascending Triangle Forms In an X post, Trader Tardigrade predicted that Solana could rally to $565 following the formation of an ascending triangle. He noted that SOL has been forming ascending triangles before each recent breakout. The analyst added that Solana reaches its target at Fibonacci 2.618 after each breakout. Related Reading: Solana Price Will Complete 1,800% Surge To $4,000 With This Formation: Analyst In line with this, Trader Tardigrade predicts that Solana can reach $565 once this ascending triangle completely forms. The analyst revealed that the current ascending triangle is more than halfway complete, indicating this parabolic rally could soon happen. His accompanying chart also showed that SOL could reach this price target as early as April. Asset manager VanEck also recently provided a bullish outlook for Solana, predicting it can reach $500 by year-end 2025. The asset manager’s analysts explained that this projection is supported by Solana’s developer dominance, increasing market share in decentralized exchange (DEX) volumes, revenues, and active users. Meanwhile, crypto analyst Ali Martinez suggested that Solana couldn’t rally to as high as $500 but predicted it could reach at least $350. However, he warned that SOL needs to hold above the support level at $198. In a more recent X post, he also raised the possibility of Solana reaching $380. The analyst stated that Solana is testing a key support level at the lower boundary of the parallel channel he highlighted on the charts. According to him, holding above this support level could strengthen the uptrend, fueling a rally to $387. SOL Needs To Reclaim The $220 Level In an X post, crypto analyst Jelle stated that the first mission for Solana is to reclaim $220. This came has he noted that SOL is holding the key support level so far. The analyst indicated that it would be ideal for SOL to bounce from its current level if its price action is to remain short-term bullish. In line with this, he remarked that the first mission is to reclaim $220. Related Reading: Solana Price At $4,000? Cup And Handle Pattern Shows Why This Is Possible Crypto analyst CryptoElites asserted that Solana is preparing for a massive move. The analyst revealed that the 2021 downtrend has been broken, and SOL is holding above it. Based on this, he outlined $450, $678, and $1,099 as his targets for Solana in this market cycle. The analyst again reaffirmed that the technical outlook is fully positive with big moves ahead. At the time of writing, the Solana price is trading at around $202, down over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com
The Dogecoin price has started out this month with a crash, sparking a bearish sentiment among DOGE investors. This bearish sentiment is further strengthened by historical data, which suggests that these investors shouldn’t be too optimistic about the foremost meme coin recording significant gains this month. Dogecoin Starts February With 23% As Historical Data Paints Bearish Picture CryptoRank data shows that the Dogecoin price has suffered a 23% crash since the start of February. This follows the monthly green close, which the foremost meme coin enjoyed in January, with a 4% gain in the first month of the year. Amid this price crash since the start of this month, historical data also points to a bearish outlook for DOGE throughout this month. Related Reading: Dogecoin Price Prediction: Can DOGE Touch $1 This Cycle? Analyst Forecasts When You Should Buy And Sell Further data from CryptoRank shows that February is historically a bearish month for Dogecoin. The foremost meme coin has suffered a monthly average loss of 1% in February since it launched in 2013. DOGE has had only four monthly green closes in February over the last twelve years. However, it is worth mentioning that Dogecoin has only once closed out February with a loss of over 20%, which was in 2014, when its price crashed by over 30%. As such, the meme coin could still witness a relief bounce, which could lessen the severity of the 23% price crash suffered since the start of this month. Meanwhile, despite the historical data painting a bearish outlook for Dogecoin, crypto analysts have provided a bullish outlook for the meme coin. Crypto analyst Master Kenobi recently highlighted a similarity between DOGE’s current price action and that of the 2017 bull run. Based on the similarities, he predicted that Dogecoin could soon begin the next leg of its bull run, rallying above $1 and reaching a market peak sometime in April. DOGE Can Still Reach $10 In This Cycle In an X post, crypto analyst Ali Martinez predicted that Dogecoin could still reach $10 in this market cycle. He stated that as long as DOGE holds above $0.19, the setup for a parabolic rally toward $10 remains strong. The analyst added that momentum is building for the foremost meme coin, indicating that it could soon begin the next leg of its bull run. Crypto analyst Trader Tardigrade predicted that Dogecoin could at least reach $4.5. He stated that DOGE’s Average Directional Index (ADX) signals a potentially massive bull run on the horizon. The ADX measures trend strength by quantifying the degree of directional movement in price. Analyzing the weekly chart, the analyst asserted that a “super strong trend” could happen soon and will reach its peak in the coming weeks as the meme coin reaches $4.5. Related Reading: Dogecoin Price Faces ‘Moment Of Truth’ As It Battles The Macro 0.5 Fib Extension At the time of writing, the Dogecoin price is trading at around $0.25, down over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com
Despite the recent Dogecoin pullback, crypto analyst Javon Marks has provided a bullish outlook for the foremost meme coin. According to m, DOGE’s price is gearing up for a move that could send it above $2. Dogecoin Gears Up For 600% Run Above $2 In an X post, Javon Marks predicted that Dogecoin could record a 600% price rally and surge above $2. This came as he provided some optimism despite the recent pullback, with DOGE dropping to as low as $0.30. He stated that the price action is “refreshing” because prices still look on track for another great bullish performance. Related Reading: Crypto Analyst Predicts When Dogecoin Price Will Hit $3 This Cycle Marks added that history suggests that another run of 600% or more could happen, sending the Dogecoin price above $2.28. In line with this, he remarked that the next wave can be historical. The analyst had previously alluded to DOGE’s historical performance when he predicted that the meme coin could rally above the 1.618 Fib extension, which is currently at $2.2. Crypto analyst Trader Tardigrade also recently alluded to Dogecoin’s historical performance when he predicted its price could rally to as high as $20 in this market cycle. The analyst noted that Dogecoin experienced bull rallies after surpassing the previous candle body high in 20217 and 2021, with gains of 3,000% and 8,000%, respectively. Therefore, he remarked that DOGE could reach this $20 target if a similar pattern plays out again. However, in the short term, the Dogecoin price could still drop to as low as $0.26 before it records any parabolic rally to the upside. This is based on crypto analyst Behdark’s DOGE analysis, in which he explained that the drop to $0.26 is part of the C wave corrective move. Once the price correction is done, the analyst predicted that the meme coin could rebound to $0.50. DOGE Failed To Touch The Trendline During The Recent Drop Crypto analyst Master Kenobi noted that the Dogecoin price failed to touch a trendline he highlighted on the charts during this latest drop. In line with this, he questioned if it meant that DOGE could still witness more pullbacks or a bullish reversal from its current price level. While he didn’t provide an answer, the analyst alluded to an earlier analysis, in which he predicted that DOGE could record a 3x price increase and reach $1.05 between February and March. Related Reading: Dogecoin Traders Remain Extremely Bullish Despite Price Crash, Here Are The Numbers Meanwhile, Dogecoin’s price action might have shifted from bearish to bullish following this recent pullback. In an X post, Trader Tardigrade stated that DOGE’s MACD bullish crossover was approaching on the 4-hour chart. He explained that this signals a short-term momentum shift for DOGE from bearish to bullish. At the time of writing, Dogecoin is trading at around $0.32, down over 8% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Recent developments suggest that crypto investors looking to catch the next quick 5x should be keeping an eye on the Dogecoin price. This is based on both technical and fundamental analysis, which proves that DOGE could record a 500% price surge from its current level. Analyst Predicts 500% Surge For The Dogecoin Price In an X post, crypto analyst Javon Marks predicted a 500% surge for the Dogecoin price, representing a 5x increase from its current level. The analyst explained that Dogecoin is back showing strength, and by its historical performance, DOGE can be set for an over 432% gain at the least from its current level. Related Reading: Dogecoin ETF Filing Takes Market By Storm, Can Positive Sentiment Trigger 200% Rise To $1 ATH? Javon Marks further remarked that the Dogecoin price could rally above the 1.618 Fib extension, which is currently at $2.2. In line with this, the analyst added that market participants could still be early, considering that DOGE could witness a 5x price increase from its current level. Crypto analyst Trader Tardigrade also recently predicted that the Dogecoin price could rally above $2. In an X post, the analyst stated that the meme coin had formed a bull flag on the 2-day chart. According to the analyst, this DOGE bull flag pattern puts a target of over $2 for the foremost meme coin. The crypto analyst had previously predicted that the DOGE price could even rally as high as $8 if it mirrors the 2017 bull run. He added that DOGE could also reach $30 if it mirrors the 2021 bull run. These projections further prove that the foremost meme coin could at least record a 500% price surge from its current level. Crypto analyst Master Kenobi has also previously predicted that Dogecoin could rally to $2 in this cycle and top around $3. Bullish Fundamentals Also Support A 5x Increase For DOGE The Dogecoin price also boasts bullish fundamentals, which support a 5x increase from its current level. One of the fundamentals includes the potential launch of a Dogecoin exchange-traded fund (ETF) in the US. Asset manager Bitwise recently filed for a Dogecoin ETF in Delaware, indicating that an application with the US Securities and Exchange Commission (SEC) may be next. Related Reading: Dogecoin ‘Power Of 3’ Pattern Enters Distribution Phase: Massive Bull Run Incoming? Asset manager REX Shares, in collaboration with Osprey, already filed with the SEC to offer a Dogecoin ETF. This is bullish for the Dogecoin price, considering the amount of institutional funds that could flow into the DOGE ecosystem if the SEC approves these funds. There is also a huge likelihood that the SEC will approve these funds, considering the pro-crypto climate under Donald Trump’s administration. It is also worth mentioning that there has been a huge accumulation trend among DOGE whales, which is also bullish for the Dogecoin price. IntoTheBlock data shows there has been a 41% spike in the meme coin’s large transactions, with $23.35 billion traded in the last 24 hours. Another bullish fundamental is Elon Musk’s Department of Government Efficiency (DOGE), which puts the foremost meme coin in the limelight. At the time of writing, the DOGE price is trading at around $0.35, down almost 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Despite the heightened volatility in the market, Dogecoin has shown robust resilience and is holding strong at crucial support levels. Given its capacity to sustain key support levels, many crypto analysts believe that the dog-themed meme coin still has the potential to surge massively within the year. Next Massive Breakout For Dogecoin In 2025 As […]
With the general crypto market under severe pressure, Dogecoin has declined sharply, reaching as low as $0.327 on Wednesday. Despite the notable downswing in price, DOGE’s potential to surge significantly in the current cycle may still be intact as past trends hint at a persistent bull phase. Final Phase Of Dogecoin’s Bull Run On The […]
Recent price movement points to a notable upside momentum for Dogecoin in the upcoming days as the general crypto market gains traction. However, certain indicators show that the dog-themed meme coin’s next upward move might be tied to Bitcoin’s price dynamics. Will Bitcoin’s Price Action Unlock Dogecoin’s Next Surge? As Bitcoin continues to be a […]
Dogecoin, the largest dog-themed meme coin, has benefited notably from the rising momentum in the broader crypto market, leading to substantial gains in the last few days. As the crypto market rebounds, DOGE has demonstrated price movements and trends that spark the potential for a major rally in the short term. Bullish Signs For Dogecoin […]
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Bitcoin‘s potential for a significant upside move in the short term continues to gain traction as a positive price trend emerges on its daily chart. With upward momentum currently building, the much-anticipated next move will put the digital asset back above the pivotal $100,000 mark. A Bullish Price Breakout For Bitcoin On The Horizon? In […]
Recent price movements suggest a potential resurgence of Dogecoin’s upward momentum in the midst of growing volatility within the general crypto market. As a result, several crypto analysts continue to display robust confidence in the dog-themed meme coin’s upside trajectory toward higher levels. A Rally For Dogecoin Just Around The Corner? Despite prevailing bearish market […]