Dogecoin Eyes New All-Time High in Next Parabolic Run

Interest in Dogecoin is surging once again as the meme coin demonstrates strong potential for another significant price upswing. Investors and crypto enthusiasts are buzzing with optimism, anticipating a massive run-up to a new all-time high during this market cycle.

Trader Tardigrade’s Bold Prediction

Market expert and crypto analyst Trader Tardigrade has forecasted a major rally for DOGE that could break past its previous peaks. Sharing his insights on X (formerly Twitter), he pointed to Dogecoin entering a key Fibonacci range (0.618–0.88), a zone that previously marked consolidation phases during the 2018–2021 market cycle. If DOGE successfully breaks out of this range, Tardigrade predicts a "rocket ride" to unprecedented heights.

He also highlighted the $0.7 all-time high as merely the first milestone, suggesting that the coveted $1 target is closer than ever. This aligns with a broader community belief that Dogecoin is poised for explosive growth in the ongoing cycle.

Key Indicators Support the Rally

Tardigrade emphasized the role of the Gaussian Channel, a critical momentum indicator. DOGE has recently gained support at the mid-band of the channel, a bullish signal that historically preceded massive price surges. This marks the third time in Dogecoin's history that such a trend has emerged, reinforcing the analyst’s confidence in an impending breakout.

Dogecoin Regains Upward Momentum

Following a brief pullback, Dogecoin is rebounding strongly, showing renewed upside momentum. At the time of writing, DOGE is nearing the $0.40 level with a daily increase of about 5%. Trading volume has surged nearly 26% in the past 24 hours, signaling rising investor confidence in the meme-inspired cryptocurrency.

With its growing momentum and technical indicators aligning for a breakout, Dogecoin's path to a new all-time high—and potentially $1—looks increasingly achievable.

#Dogecoin #Crypto #DOGE #MemeCoin #CryptoNews #BullRun #DOGEto1Dollar