Is Dogecoin Set to Revisit $0.75 in the Next Bull Cycle?

The question of whether Dogecoin (DOGE) can revisit its $0.75 price level in the next bull cycle hinges on two critical forces: technical cycle analysis and whale-driven accumulation dynamics. As the cryptocurrency market enters a phase of consolidation and speculative buildup, DOGE's unique position as a meme coin with growing utility and social traction makes it a compelling case study. Drawing from historical patterns, on-chain metrics, and technical indicators, this analysis explores the feasibility of a $0.75 target and the factors that could catalyze such a move.

Technical Cycle Analysis: Patterns and Projections

Dogecoin's price history reveals a recurring two-phase parabolic structure during bull cycles, driven by social media hype and Bitcoin's broader market performance according to analysis. As of late 2025, DOGE trades near $0.15, having retreated from October's $0.26 high. Short-term technical indicators, including moving averages, suggest a bearish bias, with the 50-day and 200-day moving averages converging at $0.20, signaling consolidation according to data. However, weekly charts show bullish divergence, as the 50-day moving average rises to act as potential resistance according to analysis.

Relative Strength Index (RSI) readings of 40.1 in late 2025 and 53.6 by December 2025 indicate neutral market conditions, neither overbought nor oversold according to analysis. This neutrality aligns with historical accumulation phases, where RSI breakouts often precede sharp rallies. For instance, during the 2024 surge to $0.46, RSI approached oversold levels (42) before reversing according to market data. If DOGE breaks above key resistance zones-particularly the $0.25–$0.35 range-technical models project a potential ascent to $0.70–$0.75 according to analysis.

Elliott Wave analysis adds another layer of optimism. Some analysts argue DOGE is entering Wave 5 of a larger bullish phase, with price targets of $1 to $4 in the coming cycle according to analysis. While ambitious, this projection assumes a broader market upturn and sustained retail participation.

Whale-Driven Accumulation: A Foundation for Rebound

On-chain analytics reveal a critical shift in DOGE's dynamics: aggressive whale accumulation. Major wallets have absorbed over 4.72 billion DOGE tokens as the price declined, signaling strong hands capitalizing on undervaluation. This accumulation coincides with positive exchange net inflows, a historical precursor to market bottoms according to data.

Three distinct accumulation zones identified in weekly charts further reinforce this narrative. Each zone has historically preceded rallies of 190% to 480%, with current patterns pointing toward a $0.70–$0.75 target according to analysis. For example, a recent surge in whale activity-480 million DOGE tokens ($71.8 million) accumulated over two days-highlights sustained institutional or high-net-worth interest according to data. Such behavior suggests a growing conviction that DOGE's current price is a floor, not a ceiling.

Active address counts also support this thesis. With 71,589 active addresses recorded in late 2025, network participation is broadening, indicating a shift from speculative retail trading to deeper utility adoption according to on-chain data. This diversification of demand could provide the liquidity needed to sustain a move toward $0.75.

Correlation with Bitcoin and External Catalysts

Dogecoin's trajectory remains inextricably linked to Bitcoin's performance. The two assets exhibit a 30-day correlation coefficient of up to 0.97 according to analysis, meaning a Bitcoin rally toward $100,000 could amplify DOGE's gains. Historical data shows that Bitcoin's breakout of key resistance levels often triggers cascading momentum in altcoins, particularly those with strong social media followings according to market analysis.

External catalysts, such as Elon Musk's D.O.G.E. proposal and Trump's election-driven optimism in 2024, have already demonstrated their power to move DOGE's price according to market data. While Musk's influence has waned slightly in 2025, his potential endorsements or developments in the GigaWallet ecosystem could reignite retail enthusiasm.

Risks and Constraints

Despite bullish signals, DOGE faces structural challenges. Its inflationary supply model-no hard cap on 5.2 billion annual coins-limits its appeal as a store of value compared to deflationary assets like Bitcoin according to analysis. Regulatory uncertainty and competition from high-throughput blockchains like Solana also pose scalability risks according to market analysis.

Moreover, the $0.75 target assumes a favorable macroeconomic environment. A prolonged bear market or adverse regulatory shifts could derail accumulation efforts.

Conclusion: A Plausible, But Conditional, Target

The confluence of technical indicators, whale accumulation, and Bitcoin-driven momentum makes a $0.75 price level for DOGE plausible in the next bull cycle. However, this outcome depends on three key conditions:
1. A sustained Bitcoin rally to unlock broader altcoin liquidity.
2. Continued whale accumulation to stabilize the price floor.
3. Positive regulatory and social catalysts to drive retail adoption.

While the path is not without risks, the data suggests DOGE is in the early innings of a potential rebound. For investors, the next few months will be critical in determining whether this meme coin can evolve into a serious contender.