Dogecoin will break $1.2 and Sol will break $1,000!
Dogecoin (DOGE) has now entered the "PO3" mode, which is the three stages of accumulation, manipulation and distribution in the market, among which the distribution stage usually indicates a strong rise in prices. This stage begins in early 2025 and may push the price of Dogecoin to break through $1 in 2025.
The formation of the PO3 pattern began in November 2024, when Dogecoin was in the market recovery stage, especially in the recovery period of the crypto market after the US presidential election.
At this time, Dogecoin experienced an accumulation stage, that is, capital accumulation and large-scale buying. Entering December, Dogecoin experienced a short-term manipulation stage, which led to price corrections and consolidation. However, with the arrival of January 2025, the market entered the distribution stage, which is usually the beginning of a price breakthrough. At this point, DOGE has rebounded quickly in just a few days, signaling a pick-up in sentiment and raising the possibility of an upside move
As of early 2025, Dogecoin has performed strongly, especially compared to the pullback at the end of 2024. DOGE has achieved a 23.15% rebound in early 2025 and is trading at $0.3852, up 15% in the past 24 hours. This rise is closely tied to the bullish outlook for the overall crypto market and suggests that DOGE may be in the early stages of an explosive upswing.
In addition, DOGE's price action fits the "Jump The Creek" pattern, which is a transition from the Wyckoff accumulation phase to the upswing phase.
The pattern suggests that DOGE is gradually breaking through and retesting key resistance levels, reinforcing market confidence and the sustainability of the uptrend. In the current distribution phase, Dogecoin has the potential to break through $1, which is a 157% increase from the current price.
DOGE is expected to initially reach $0.6533 and is expected to break through $1 and even reach $1.20
According to the MACD (Moving Average Convergence Divergence) indicator, DOGE's price trend is also technically supported.
