Dogecoin’s 2024 Bull Run Returns: Is DOGE’s $10 Target Imminent in 2025?
Dogecoin surges as the meme coin's 2024 bullish pattern reemerges—traders brace for another wild ride.
Subheader: The $10 Question
DOGE bulls are back in force, replicating last year's explosive momentum. But can the joke-turned-juggernaut really 10X from current levels? Analysts remain split as retail FOMO clashes with institutional skepticism.
Subheader: Technicals Tell the Tale
The charts mirror 2024's parabolic move, complete with whale accumulation and social media frenzy. Yet skeptics note the coin still trades 85% below its inflation-adjusted ATH—proving even memes have gravity.
Closing Punch: Whether DOGE hits double digits or crashes back to penny-stock status, one truth remains: in crypto, the line between 'fundamental analysis' and reading tea leaves gets blurrier by the minute.
Analyst Eyes 591% Dogecoin Surge to $1
According to a recent TradingView post by popular analyst Master Ananda, dogecoin is flashing strong technical signals that closely resemble its last major breakout.
After a long bear market following its 2021 all-time high, Doge showed early signs of recovery in 2024—but real momentum only arrived late that year.
Ananda believes a similar setup has been quietly forming again since mid-2025.
Despite facing over eight weeks of bearish pressure between May and June, Dogecoin held a critical mid-term higher low, suggesting strength through accumulation.
Now, with three consecutive green weekly candles and this week’s full-bodied breakout candle, Ananda says a major MOVE could be imminent.
If the pattern repeats, Fibonacci extension targets place DOGE as high as $1.168, a potential 591% gain from current prices.
“One day the market is silent, the next day we are witnessing the strongest ever bullish wave,” Ananda concluded.
Dogecoin Price Analysis: Has the Move Already Begun?
The next bullish wave for Dogecoin may already be in motion, with recent price action confirming a bullish continuation from a four-year cup-and-handle formation.
This week’s surge follows an extended confluence zone that’s been building since the mid-April market bottom, now exploding into a blow-off top as bullish pressure breaks through.
Momentum indicators show it, the weekly RSI has surpassed the signal line for the first time since early May as buyers step back in.
while the MACD line has broken out in a golden cross—this time with a widening lead that suggests a sustained uptrend, unlike the brief crossover seen in May.
There is indeed a strong platform for growth. If it holds, the pattern may progress to its projected technical target of $0.75, a potential 345% move in line with the 1.618 Fibbonnaci extension.
And that may only be the beginning. Master Ananda’s $1.168 target remains in play, bolstered by advancing U.S. regulatory clarity and growing institutional interest in crypto markets.
With the potential for ETF approvals and untapped demand from traditional investors still unaccounted for, $10 is a credible long-term ceiling for the next cycle.
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