Dogecoin's 333% Rise Predicted as Bullish Momentum Builds

Dogecoin, the popular meme coin, is showing signs of a rebound despite the overall market sentiment. This optimism is bolstered by increased market participation and the rising price of Bitcoin. The bullish trend suggests that the downtrend, which began in January 2025, may be coming to an end, paving the way for a recovery that could see Dogecoin reach new all-time highs.

According to pseudonymous crypto analyst Master Ananda, Dogecoin is currently experiencing a classic resistance-turned-support dynamic. This pattern began in 2024 when Dogecoin hit new local peaks. Given that the current price is expected to be the 2025 bottom, this could be a positive indicator for the meme coin. The analyst points out that Dogecoin has undergone a perfect 3-3-5 correction pattern based on a complex ABC wave. The market action and Fibonacci levels suggest that this correction may be nearing its end, which often precedes a bullish impulse wave.

Master Ananda explained that after the late 2024 bullish cycle, Dogecoin entered a classic correction. This correction started on December 8, 2024, and ended on April 7, 2025, with support found in the mid- to late 2024 consolidation range and resistance zone. With the end of the ABC correction, a breakout is expected, with targets set at more than 100% by the analyst. The current price is on the verge of maximum bullish momentum and growth, increasing the likelihood of a surge toward all-time high levels.

On a shorter timeframe, the analyst predicts a possible 333% rise from the current price, which would put Dogecoin above $0.4 and on a path to surpassing $0.7. The lack of significant action on the chart and muted trading volume suggest that it is still early for Dogecoin. When it eventually moves, it is expected to explode, especially as the leading meme coin. The analyst advises that Dogecoin is still trading at bottom prices, indicating that it is not too late to invest.