Analysts Predict Big Move for Dogecoin If Key Levels Break

The dream of Dogecoin reaching $1 is alive and well among its community, even though the coin remains stuck under $0.20.

Despite the modest price, optimism has returned, with DOGE gaining over 17% in the past week and climbing another 2% in the last 24 hours. Some analysts are now suggesting that conditions are lining up for a major breakout that could finally push the meme coin toward its long-awaited milestone.

Crypto trader Kamran Asghar recently pointed to a bull flag formation on Dogecoin’s weekly chart, a pattern often seen before a strong upward continuation.

He believes a breakout could first send DOGE toward the $0.22 mark, and if momentum holds, further technical projections show targets as high as $0.44 — and even above $1, based on Fibonacci extensions.

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Meanwhile, another well-followed trader, known as Trader Tardigrade, highlighted a bullish crossover on the MACD indicator using Dogecoin’s 3-day chart.

Historically, similar MACD patterns have preceded explosive rallies for DOGE. Tardigrade argues that if the pattern plays out again, Dogecoin could surge beyond $1.30 in the coming months.

Currently trading around $0.186, Dogecoin still faces resistance at the $0.20 level. A strong close above that threshold could be the first real sign that the next leg higher is underway, especially if broader market momentum returns to favor meme coins.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.