Dogecoin Eyes 25% Gain As Analysts Predict Bullish Cycle

Dogecoin (DOGE) is exhibiting signs of strength on both short- and long-term charts, with analysts suggesting that the meme coin may be on the verge of its next major breakout. Currently, DOGE is trading around $0.18–$0.19, significantly below its 2021 peak of $0.74. However, momentum is building across technical indicators and macro-pattern setups, with multiple chart watchers outlining key levels to monitor.

On-chain analyst Ali Martinez shared a DOGE monthly chart indicating a major breakout attempt. According to Martinez, a monthly close above $0.20 would confirm a trend reversal and signal the start of a bullish cycle. If this resistance is broken, DOGE may aim for $0.25 and potentially attract increased investor interest.

Echoing the bullish sentiment, popular trader “Trader Tardigrade” sees a classic breakout-retouch-continuation setup on DOGE’s daily chart. The chart shows DOGE breaking above a key resistance line, retesting it as support, and starting a fresh leg upward. Tardigrade is calling for a short-term target of $0.25 and a longer-term projection of $2.80, comparing the current setup to previous pre-rally formations seen in earlier Dogecoin cycles.

A third analyst, Potts, is watching Dogecoin’s movement inside a 10-year ascending price channel. His key condition is that DOGE must close above $0.20 on the monthly timeframe to avoid a false breakout. In his recent analysis, Potts noted that during the 2021 rally, DOGE failed to reach the top of the channel, implying that the final blow-off top for this cycle may be delayed rather than denied. “We could be looking at a cycle top sometime in late 2025, with DOGE reaching as high as $10–$15 if momentum continues,” he stated.

Technical indicators also suggest strength in DOGE, with the Relative Strength Index (RSI) on the daily timeframe above 52, indicating increasing strength without being overbought. The Moving Average Convergence Divergence (MACD) flashed a bullish crossover earlier this month, signaling growing momentum in favor of buyers. However, the histogram remains bullish but the intensity of the bars is declining, suggesting rising selling pressure.

Price projections for DOGE range from $0.25 to as high as $10 by late 2025, depending on cycle strength. Analysts are closely monitoring the $0.20 level as a potential trigger for a significant rally. If DOGE can secure a monthly close above $0.20, it could pave the way for a rally toward its all-time high of $0.74 and beyond, attracting increased investor interest and potentially signaling strong bullish momentum.