Dogecoin (DOGE) has been steadily holding a rising trendline, indicating a resilient bullish momentum despite minor dips. According to popular analyst “Steph is Crypto,” Dogecoin’s recent price action shows a solid upward trend, supported by significant long-term price levels. As the coin bounced back from a low of $0.16 to around $0.185, analysts remain optimistic about its future, with a speculative target price of $10, which would represent an impressive 5,440% increase from its current levels.

Dogecoin’s Road to $10: A Long-Term View

Steph’s chart analysis highlights a long-term support trendline that has proven resilient since early 2020. The “Legendary trend-line,” as it is called, connects significant lows over the years: one in 2020 above $0.001, another at $0.06 in 2024, and the most recent one at $0.13 in early 2025. Every time Dogecoin has touched or approached this trendline, the price has bounced back, confirming the strength of this support line.

The analyst suggests that Dogecoin has the potential for a long-term rally, with a speculative price target of $10. This would be a massive rise, marking a 5,440% increase from its current price of $0.185. Analysts have continued to praise those who’ve held on to their DOGE, referring to them as “absolute legends,” for their unwavering belief in the coin’s potential.

A More Conservative Outlook

While some analysts are aiming high with their price targets, others take a more conservative stance. Analyst Trader Tardigrade, for example, is focusing on shorter-term price movements and predictions based on daily signals. His analysis highlights a recurring trend where Dogecoin consistently bounces off an ascending trendline, forming higher lows. Historically, these bounce-and-breakout patterns have led to strong price rallies.

Tardigrade points to specific instances in Dogecoin’s price history, such as in September 2024 and April 2025, where the coin formed rounded bottoms in the RSI (Relative Strength Index) curve before a strong breakout. According to this analysis, if the current bullish setup holds, Dogecoin could potentially reach $1, representing a more moderate target compared to the $10 prediction.

Historical Pullbacks and Structural Consistency

Trader Tardigrade also examined Dogecoin’s behavior over a 3-day timeframe, revealing a consistent pattern where previous swing highs serve as future support. For example, in late 2023, Dogecoin broke past the $0.098 resistance level, only to test and hold that level as support in early 2024. A similar pattern played out in 2024 when the $0.145 resistance was revisited and confirmed as support in April 2025.

This consistency in structure is seen as a positive sign for Dogecoin’s future price action. After testing support at $0.145, the next key resistance level is projected to be above $0.23. If Dogecoin surpasses this level, it could target a new price range of $0.80, potentially exceeding its previous all-time high of $0.73.

Summary

Dogecoin’s recent price action, coupled with the resilience of its rising trendline, has analysts divided on its potential future trajectory. On the one hand, Steph is Crypto is eyeing an astronomical target of $10, based on long-term trend analysis. On the other hand, Trader Tardigrade presents a more conservative outlook, suggesting that Dogecoin could realistically climb to $1 if its current bullish setup holds.

Despite differing opinions, both analysts agree on Dogecoin’s structural strength, which has consistently shown a pattern of higher lows and increasing support at key price levels. Whether Dogecoin will reach the $10 target or experience a more modest rise to $1, its holders continue to be seen as ‘legends,’ given their loyalty to the cryptocurrency over time.

As always, investors should proceed with caution, keeping in mind that the cryptocurrency market is highly volatile and predictions may not always materialize as expected. Nonetheless, with Dogecoin’s recent bullish action and its position in the broader market, the road ahead seems promising for the cryptocurrency coin that has captured the hearts of many.