Dogecoin Rally: Can It Break $1?

The Dogecoin price rose again last week. After consolidating last week, meme cryptocurrency continued its trend early this week.

In this rally, Dogecoin broke a bull flag. This increase has raised the possibility of a Dogecoin price peak before the end of the year.

Meme coin king Dogecoin rose 25% this week, hitting $0.4759 on Saturday. Since hitting $0.43 on November 14, the Dogecoin price has been consolidating, but this increase implies a rebound.

In a post on X, renowned crypto expert noted Dogecoin's significant breakthrough over a bull flag pattern. According to his prediction, this technical breakthrough might lead to a wider rise to $0.82. This would be a 90% rise from Dogecoin's current price.

Dogecoin must break its three-year-old all-time high of $0.7316 to reach $0.82. Dogecoin is now trading at $0.4287, down from its intraday high of $0.4759.


This retreat indicates that the consolidation phase is not yet complete, as resistance at $0.43 has erected a sell wall that must be overcome. To hit the all-time high, Dogecoin must break over $0.43, a crucial milestone for restoring momentum.

Recent whale action suggests a meme coin upsurge next week. Large holders, or “whales,” have bought nearly 550 million DOGE coins worth $214.5 million, according to on-chain statistics.


Whale addresses, which possess 10 million to 100 million DOGE, influence market patterns. Their increased activity may indicate Dogecoin price optimism and support a major break above $0.43 this week.


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