Cryptocurrency analyst KrissPax has drawn the community's attention to the bullish pattern forming in Dogecoin's price. Accordingly, the analyst predicts that Dogecoin may soon see a double-digit price increase.
Dogecoin's price is expected to achieve double-digit growth
In a post on X, KrissPax predicted that Dogecoin's price would soon see a double-digit increase. He revealed that Dogecoin has broken out of a two-week downward wedge. He added that after a pullback, Dogecoin may see a bullish reversal as it rebounds above $0.40.
The price level of $0.40 is significant because Dogecoin's price established key support in this range during the first phase of the bull market. Therefore, if Dogecoin's price surpasses $0.40, it may pave the way for the next bull market for this leading meme coin. Dogecoin could rise to the current all-time high (ATH) of $0.74 and then bounce back to the much-anticipated $1 level.
In another post on X, KrissPax further optimistically believes that Dogecoin's price is about to undergo a bullish reversal. He stated that Dogecoin has just completed a retest of the upward resistance line and has risen 6% since 2025. He added that Dogecoin is expected to continue climbing. The accompanying chart indicates that Dogecoin is likely to rise to $2.
Crypto whales also seem to be anticipating a rebound in Dogecoin's price. Bitcoinist reports that the volume of large transactions in Dogecoin surged by 41%, with trading volumes reaching $23.35 billion in 24 hours. This surge indicates a trend of accumulation among these Dogecoin whales. This is also positive news for the most significant meme coin, as these investors may help drive a price recovery.
A significant increase may occur this week
Cryptocurrency analyst Master Kenobi predicts that Dogecoin's price may rise significantly this week. He noted that prior to the last cycle, there were no signs indicating that Dogecoin's price would surge significantly 258 days after Bitcoin's halving. This cryptocurrency analyst predicts that if history repeats itself, Dogecoin should reach at least $1.2 this week.
He added that under 'extremely optimistic' conditions, Dogecoin's price could even reach $3.4. Cryptocurrency analyst Dima James recently also provided a bullish outlook for Dogecoin. He predicts that this leading meme coin may break the $11 mark by the end of this year. Based on historical trends, this analyst even proposed the possibility of this meme coin rising to $23 or even $36.
According to data from CoinMarketCap, at the time of writing, Dogecoin's price is around $0.38, having risen over 14% in the past 24 hours.
