Potential Skyrocketing for $DOGE Dogecoin in the Next Bull Cycle, Analysts Predict
With Dogecoin’s recent rally securing its position as the sixth-largest cryptocurrency by market capitalization, industry watchers suggest a massive price climb may be on the horizon if the token echoes its previous bull cycle patterns. Notable crypto analyst Trader Tardigrade has shared insights on X, forecasting significant upward potential for the leading meme coin, DOGE, should it follow similar trajectories seen in past cycles.
In his projections, Trader Tardigrade points to two key scenarios based on prior bull runs. If Dogecoin mirrors its dramatic rise in 2016, it could reach a price of $8.7 by August 2025. However, if it replicates the explosive 2021 rally, Tardigrade suggests DOGE might soar even higher, potentially hitting the $30 mark as early as March 2025. This substantial increase reflects the impact of an increasingly favorable market structure, as the bi-monthly RSI indicates a return to the strength last observed in 2020.
Adding to this outlook, crypto analyst Dima James also predicts bullish movement. He notes an inverted head-and-shoulders pattern, typically signaling strong upward momentum, which Dogecoin has formed in past cycles before breakout rallies. Historically, after crossing significant weekly resistance levels, DOGE surged by over 3,000% in 2016 and skyrocketed by nearly 12,000% in 2021. James anticipates that this cycle could see similar patterns unfold, with large price gains met by substantial pullbacks throughout 2025, fueled by heightened trading volumes.
The expectations are underscored by projections from analyst Olivier, who suggests that Dogecoin could rally up to $32, potentially marking a fresh all-time high within weeks. As Dogecoin aligns with these historic price movements, market sentiment and momentum continue to build, making this an intriguing time for DOGE holders looking for potential substantial returns.
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