Altcoins News

Story: Dogecoin to $1? Chart Patterns Point to Major Rally Ahead

By Pankaj K

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Familiar Wedge Pattern Appears Again. Surf’s analysis focuses on Dogecoin’s long-term weekly chart, which shows a falling wedge…

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Rising Hopes for a $1 Target. While Surf stopped short of predicting an exact target, many in the community believe that if this…

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More Analysts Back the Bullish Case. Crypto analyst Trader Tardigrade also shared a bullish perspective, analyzing Dogecoin’s 3-day…

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Key Resistance: The $0.49 Level. Not everyone is convinced that a breakout is guaranteed.

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Broader Market Support Could Fuel the Move. Dogecoin’s fate may also be tied to the broader altcoin market.

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Current DOGE Market Snapshot

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What to Watch Next. Traders and investors are now watching for a confirmed breakout above the wedge’s upper boundary,…

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Dogecoin (DOGE), the internet’s most famous canine-branded cryptocurrency, could be preparing for its next major price move — and analysts say the $1 target is still in sight.

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A growing number of crypto traders are pointing to a repeating chart pattern that has historically led to massive rallies in DOGE’s price.

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Surf’s analysis focuses on Dogecoin’s long-term weekly chart, which shows a falling wedge formation — a pattern where price gradually contracts within two downward-sloping…

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The first occurrence of this pattern happened in 2016, followed by a breakout in 2017 that pushed prices sharply higher.

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Now, in 2025, a nearly identical setup appears to be forming again. As of the latest weekly candle, Dogecoin is trading around $0.227 and testing the upper boundary of the wedge.

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While Surf stopped short of predicting an exact target, many in the community believe that if this breakout occurs, Dogecoin could push closer to the long-anticipated $1 mark.

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Some investors expressed frustration about the long wait for Dogecoin to break out decisively. But seasoned traders argue that patience might soon pay off.

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In late 2023, Dogecoin surged from $0.066 to over $0.22. Then, following a dip back to $0.08 in mid-2024, the coin skyrocketed again — reaching $0.48 by the end of the year.

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