DOGE News: Dogecoin Price Prepares for a Monster Rally in Q1 2025 with a New ATH Target

Dogecoin (DOGE) is showing strong bullish momentum, with analysts predicting a significant rally in the first quarter of 2025. The meme coin, which has recently achieved new highs due to political events and market sentiment, is expected to surpass the $1 mark, setting a new all-time high (ATH). This projection comes from TradingShot, a prominent crypto analyst, who believes DOGE is poised for a major upward movement.

Dogecoin Price Prepares For Monster Rally In Q1, Here’s The ATH Target

The Dogecoin price has been on a major bullish trend lately, achieving new highs driven by political events and market sentiment. As the top meme coin navigates the volatile market, a crypto analyst projects that DOGE could be gearing up for a monster rally in the first quarter (Q1) of 2025. The analyst has set a new ATH target for Dogecoin, expecting it to surge past the $1 mark. On January 22, TradingShot, a crypto analyst on TradingView, declared that Dogecoin is preparing to reach a new ATH of $1.6 in Q1 2025. The analyst shared a chart examining the meme coin price action daily and highlighting key technical indicators and patterns supporting his bullish forecast. According to the TradingView expert, the 1-Day 50 Moving Average (MA) is an important blue trend line cur.

Think Dogecoin Has Topped Out? Two Factors That Say ‘No Way’

In an analysis provided by crypto analyst Kevin (@Kev_Capital_TA), Dogecoin (DOGE) emerges as an altcoin defying current market skepticism, with technical indicators suggesting a bullish continuation rather than a peak. Kevin’s latest post on X highlights Dogecoin’s performance against its 50 and 200-day simple moving averages (SMA). “Dogecoin is still seeing fast expansion on the 50 and 200 simple moving averages after its weekly golden cross occurred,” he noted. This golden cross, a bullish indicator where the 50-day SMA crosses above the 200-day SMA, suggests sustained upward momentum. Further examining the Fibonacci retracement levels, Kevin pointed out that Dogecoin is “above the macro golden pocket at .26 cents and is battling the macro .786.” The ‘golden pocket’—typically a key area of support or resistance—indicates that Dogecoin is in a strong position to continue its upward trend.

DOGE on the Spotlight

The biggest meme coin drew the crypto community’s attention on January 21, when its price experienced a double-digit spike in a matter of minutes. The rally was fueled by the newly established Department of Government Efficiency (D.O.G.E.), which featured the asset’s logo on its official website. Dogecoin’s valuation surged to $0.40.