Analysts predict the 2025 crypto bull cycle could lead to new all-time high prices for Dogecoin (DOGE), the most popular memecoin. They base their predictions on the past performance of the Dogecoin price during previous bull cycles.
In the 2017 bull cycle, the Bitcoin price jumped from about $750 to over $19,000. During this time, Dogecoin’s price surged 90 times, going from around $0.0001 to over $0.01. In the 2021 bull run, Bitcoin (BTC) rose from roughly $10,000 to almost $67,000, while the DOGE price saw a 306 times price increase, climbing from $0.003 to $0.6.
Analyst Sees Dogecoin Price Exploding Past $20
Cryptocurrency analyst Javon Marks has presented a highly bullish forecast for Dogecoin (DOGE), suggesting that it could exceed $20 in the next market cycle based on historical price trends.
He points out that DOGE experienced a 90X increase in 2017 and a 306X surge in 2021, implying that if the pattern continues, a similar or larger growth could occur in the current bull run.
His argument is based on DOGE’s expanding cyclical performances. Each market cycle has delivered larger returns, reinforcing the possibility of an extended uptrend.
The chart shows Dogecoin’s price history, highlighting past bull market breakouts and sharp price increases. The pattern indicates that DOGE tends to have repeated sharp price rises, with each rally going higher than the last.
Marks predicts that if current trends continue, Dogecoin (DOGE) could rise significantly, possibly reaching over $20. This would require a larger market and strong investor demand.
Meanwhile, another analyst, Chandler, shares a similar sentiment. He believes that Dogecoin (DOGE) might follow the same pattern as in 2017 and suggests it could be close to a big price increase.
Chandler compares the market trends of 2017/18 and the upcoming 2024/25. He sees similar price behaviors, including a recent low and a possible increase. His analysis suggests that if DOGE follows this past pattern, it could reach a new all-time in the coming months.
Holding $0.19 Support Could Trigger DOGE Breakout
Another crypto analyst, Ali, suggests a strong bullish setup for Dogecoin (DOGE) if it maintains support above $0.19. Unlike other analysts who predict a price of $20, Ali believes DOGE could instead reach around $10, which is a more conservative estimate.
This perspective comes from past price trends and a specific growth pattern, which shows that DOGE tends to break out after holding key support levels.
The accompanying chart shows DOGE’s long-term price trajectory, incorporating Fibonacci extension levels and trend channels. The price action indicates that DOGE has consistently respected ascending trendlines, with previous rallies aligning with Fibonacci-based projections.
If the Dogecoin price stays above these levels, it could reach higher price targets, with $10 as a possible long-term goal based on its history.
However, this outlook depends on DOGE maintaining its upward movement and the market’s overall strength. If the price falls below the $0.19 support, it could break the bullish trend and lead to a drop toward lower Fibonacci levels.
According to Coinmarketcap data, Dogecoin is changing hands for $0.2454 at press time, having dropped 2.12% in the last 24 hours and 25.52% over the past week.
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