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Dogecoin, a cryptocurrency that has garnered significant attention in recent years, has seen a period of relative stagnation in its weekly chart, similar to the first half of 2024. However, two independent analysts have suggested that this lull may be a precursor to a significant upward movement.
Analyst Chris, known by the handle @StonkChris, has identified an expanding rising
on the one-week timeframe. This channel has been guiding the price action since the October 2023 low of $0.056. The has produced a series of higher highs, with peaks at approximately $0.229 in March 2024 and $0.484 in December 2024, and higher lows around $0.077 in February 2024 and $0.08 in early August 2024. The latest pullback has retested the channel’s lower rail at $0.13, where the weekly Stochastic-RSI has begun to curl up from single-digit territory, and the Ichimoku cloud is turning supportive above $0.22. Chris predicts a steep, almost parabolic trajectory that could see Dogecoin slashing through the cloud resistance in May, re-testing the mid-cloud span near $0.30, and accelerating toward the upper boundary of the channel, an area that will sit close to $1.00–$1.10 by late-summer 2025.Another analyst, Olivier, known by the handle @Dark64, provides a different perspective by analyzing Dogecoin on the daily chart. His analysis is dominated by a descending regression channel that has trapped the price since the November peak at $0.484, and a large rounded accumulation base projected to end between May 5, 2025, and June 29, 2025. Key horizontal levels flank the pattern, with immediate support at $0.1533, the level the price is currently hugging. Should this support give way, Dogecoin could revisit the lower line of the channel below $0.13. To the upside, Olivier marked $0.2175 as the most crucial resistance, where DOGE could break out of the descending channel and mark the first higher high in months. The area around $0.229 could be a last line of defense for bears, as this is the local high from March 2024. A break above this level would expose $0.3496—a key support in December last year until January this year. Ultimately, the December high at $0.4361, with the year-to-date high at $0.484 completing the measured-move objective.
Olivier’s trading logic is straightforward. He believes that the uptrend won’t resume until it prints a new higher low. He allows for one more flush, potentially into the $0.13–$0.11 pocket. At the time of reporting, DOGE was trading at $0.154.

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