Home web3.0 Dogecoin (Doge) shows fresh signs of power and may be preparing for the next big breakthrough

Dogecoin (Doge) shows fresh signs of power and may be preparing for the next big breakthrough

Apr 30, 2025 pm 04:36 PM
cryptocurrency 2025 2025

While Doge is still around 0.18-$0.19, it is still below its 2021 peak of $0.74, the power is leaping across technical indicators and macro pattern settings.

Dogecoin (Doge) shows fresh signs of power and may be preparing for the next big breakthrough

Dogecoin (Doge) shows fresh signs of intensity on both short-term and long-term charts, with analysts saying the meme coin may be preparing for its next big breakthrough.

While Doge is still around 0.18-$0.19, it is still below its 2021 peak of $0.74, momentum is being established across technical indicators and macro pattern settings. Now, multiple well-known chart observers outline the key levels to watch – if wider cycle conditions remain, the target ranges from $0.25 in the short term to $10 to 2025 to $10.

Ali Martinez flag $0.20 per month as a breakout trigger

Chain analyst Ali Martinez shared a monthly chart showing attempts to make major breakthroughs. According to Martinez, the monthly closing price is above $0.20, which will confirm the trend reversal and issue the beginning of the bullish cycle.

If #DogeCoin $Doge can get a monthly closure of over $0.20 per month, it can pave the way for its ever-high $0.74. Such a breakthrough will indicate a strong bullish momentum and may attract investors' interest.

If that resistance is broken, he posted "Doge's Goal" on social media platform X.

Trader Tardigrade says

In a review of bullish sentiment, popular businessman “Trader Tardigrade” sees the classic breakthrough harvest setting on Doge’s daily chart. The chart clearly shows Doge's crack on the critical resistance line, retesting it as support, and launching fresh legs upwards - a classic technical pattern.

Long-term trend breakthrough

This 4-month trend line marks the beginning of the journey to $1

Traders called for a short-term target of $0.25 and a long-term forecast of $2.80, saying the current setting is similar to the previous front formation seen in earlier Dogecoin Cycles.

Related: Beyond the Bark: Drawing a Dog's Path with Support and Resistance

Within 10-year channels: by the end of 2025, eyes $10 to $15

Meanwhile, the third analyst, "Potts", is watching Dogecoin's move within the 10-year rising price channel. His key condition is: Doge must close $0.20 in the monthly time frame to avoid false breakthroughs.

Potts noted in a recent analysis that Doge failed to reach the top of the channel at the 2021 rally—which means the final blow-out top of the cycle could be delayed rather than rejected.

“We may look at the top of a cycle sometime late 2025, and if the momentum continues, the Governor is as high as $10-$15.”

Technical indicators are recommended in strength and caution

Dogecoin's RSI (relative intensity index) is above 52 over the daily time range, indicating an increase in intensity without being over-purchased.

MACD also flashed a bullish crossover earlier this month, suggesting that growth momentum supports buyers. The histogram is still bullish, but the strength of the bar is declining, indicating that sales pressure is rising.

The information provided in this article is for informational and educational purposes only. This article does not constitute any financial advice or advice of any kind. Crypto News Edition is not responsible for any losses arising from the use of the content, products or services mentioned. Readers are advised to practise caution and conduct their own due diligence in part to maximize their own safety and ensure they comply with any local, state and federal laws.

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