How high can Dogecoin go?

One analyst has suggested that DOGE could reach over $30 by January 19, 2025, based on historical performance.

Dogecoin DOGE $0.4259

Bitcoin has gained another 27% this week, hitting a yearly high of $0.48 on November 23.

Memecoin’s monthly gains have reached 236%, and it remains the third-highest-traded crypto asset based on 24-hour trading volumes at $19.5 billion.

With the market expected to retest the all-time high (ATH) of $0.73 in the coming days, several analysts have hinted at higher targets in 2025.

“Dogecoin price at $1 is ‘inevitable’”

Dogecoin has shown a strong breakout above its recent high of $0.43 on the 4-hours chart, with the Relative Strength Index (RSI) and the 50-day EMA acting as support during its higher sideways consolidation.