Dogecoin to $1? Top Analyst Declares It’s Not a Matter of ’If’ But ’When’

Forget moon shots—Dogecoin's trajectory now points squarely toward the dollar mark. One crypto strategist insists DOGE's rally to $1 isn't hopeful speculation, but mathematical inevitability.

The meme coin that Wall Street still won't take seriously keeps defying gravity. While traditional finance clucks about 'fundamentals,' DOGE's grassroots army keeps rewriting the rules.

Here's why the analyst community can't ignore the charts anymore. Network activity? Surging. Whale accumulation? Accelerating. That pesky resistance level everyone worried about? Already crumbling in the rearview mirror.

Of course, the usual suspects will dismiss this as another crypto fantasy—right up until their Bloomberg terminals start flashing the $1 price alert. By then, as always, it'll be too late to front-run the retail crowd.

Key Insights:

• Analyst’s chart showed Dogecoin price in a parabolic uptrend with a projected breakout path to $1.
• The parabolic curve supports strong bullish continuation, with targets marked near $0.52, $0.68, and $1.00.
• Analyst reveals Dogecoin price key resistance at $0.36

Dogecoin (DOGE) price has drawn renewed attention from analysts who suggested that a parabolic rally toward $1 may not just be possible but probable.

Multiple technical charts pointed to sustained upward momentum. Historical and on-chain data showed reduced barriers to price continuation in the coming sessions.

Dogecoin Price Parabolic Structure Pointed to $1 Breakout

Analyst Trader Tardigrade shared one of the most notable charts, highlighting a DEEP parabolic pattern forming on Dogecoin’s daily price chart.

The meme coin price formation indicated a succession of increasingly rising candles, built upon each other.

DOGE price eventually closed higher, forming a classic curve that indicated building bullish momentum.

Notably, the chart projected an uninterrupted rise toward $1, with minimal visible resistance based on historical price data.

According to the trajectory outlined, Doge could reach near-term levels around $0.52. In addition, the projection sets the subsequent zones at $0.68 before advancing to the much-awaited $1.00 target.

Intriguingly, the parabolic curve remained intact as long as Doge price action continues to respect the exponential arc. No major reversal indicators were shown on the chart, supporting a sustained rally phase.

Dogecoin Target Zones at $0.52, $0.68, and $1.00

More so, the projected targets embedded within the chart represented areas that previously acted as support zones during past Dogecoin rallies.

The $0.52 level coincided with short-term historical resistance, while the $0.68 level was a longer-term structural resistance as it was tested in the peak cycles. These levels provide the intermediate targets towards the $1 projection.

Although these zones might initiate small profit-taking or consolidations, the curving direction of the price indicated that those resistance levels might be broken soon.

Dogecoin price has historic movement patterns in momentum that indicate bullish pressure in price direction when major levels break.

Ichimoku Cloud Breakout Adds Confirmation

In a separate analysis, another analyst shared a chart within the framework of an Ichimoku cloud. The daily chart confirmed the meme coin breakout of the cloud structure.

DOGE price broke long-term resistance at about $0.22. Ichimoku components, Tenkan-sen and Kijun-sen line, have crossed in a bullish orientation, reinforcing the broader positive outlook.

The chart showed Dogecoin price moving out of a consolidation band and forming a flag-like structure just above former resistance. A projected DOGE price path illustrated with an upward arrow targets the $0.58 zone.

Besides, this level was tied to historical resistance dating back to earlier market cycles and aligned with the mid-range between current prices and the all-time high.

Subsequently, technical conditions suggested that DOGE may attempt to MOVE toward this target if buying pressure remains constant.

DOGE Price Next Resistance Cluster Identified at $0.36

Meanwhile, DOGE breakout scenario was also reinforced by on-chain data shared by analyst Ali Martinez. Based on UTXO Realized Price Distribution (URPD) from Glassnode, the data showed that the next key resistance level for dogecoin price was at $0.36.

Moreover, this range represented a place where an efficient concentration of owners had already amassed positions. According to the URPD histogram, there was very little realized volume between the current dogecoin price and $0.36.

This indicated that the meme coin price can and may increase freely up to this point with limited sell-side control.

Furthermore, the $0.362 selection bar showed more than 5.2 billion DOGE in investor holdings, with a 3.49%  share of realized volume. When broken, the meme coin price path to earlier-stated $0.52, $0.68, and $1 targets may be probable soon.