Dogecoin (DOGE) Price Prediction 2025: May Go Bullish and Surpass $1

The Dogecoin price prediction shows that the Dogecoin price remains within a bullish setup, as long as it sustains above the 21-day MA and the rising channel’s midline.

The price of Dogecoin (DOGE) has shown a gradual recovery on the chart. Currently, trading at $0.383, the market seems to be unfolding within a rising channel, supported by the 9-day and 21-day Moving Averages (MAs). A recent bounce above the 9-day MA indicates a return of bullish momentum as the price targets the resistance at $0.400. The 21-day MA at $0.3398 provides dynamic support, reinforcing the bullish structure.

However, if the upward trend continues, the price is likely to retest the resistance level at $0.500, which aligns with the midline of the channel. A breakout above this barrier could signal a stronger bullish rally, aiming for the next resistance at $0.550 and $0.600. On the other hand, a rejection near this resistance could lead to a pullback, with the 21-day MA or the lower boundary of the channel around $0.300 acting as potential support zones while the critical supports lie at $0.255, $0.205, and $0.155.

DOGE/BTC Begins the Upward Movement

On the daily chart, DOGE/BTC is trading at 391 SAT with a slight bullish momentum as the market bounces from the 9-day Moving Average (MA) at 350 SAT and the 21-day MA at 348 SAT, indicating a medium-term uptrend within the ascending channel structure. The price is attempting to break toward the upper boundary of the channel, with immediate resistance at 500 SAT and above. A breakout above this level could push the price higher toward 550 SAT.

DOGEBTC – Daily Chart

However, if the price fails to maintain the current momentum, it may retest the support at 350 SAT, which aligns with the 9-day MA. A further drop could lead the price toward the lower boundary of the channel at 280 SAT, indicating a critical support level at 255 SAT and below. Traders should monitor the volume and price action near these key levels to confirm the direction of the next significant move.

On that note, @Evolution4x shared with their followers on X (formerly Twitter) that Dogecoin ($DOGE) is on track to surpass $1, describing this target as being very close. What are your thoughts on the future of $DOGE and its potential to achieve this milestone?

$SUI pressing its nose against the ceiling… after this it should go into hyperspace. cc @blknoiz06 pic.twitter.com/Qrq004PAZe

— Raoul Pal (@RaoulGMI) January 3, 2025

The price of Dogecoin (DOGE) is seen refreshing to a new high after touching the daily low of $0.376 to touch the resistance level of $0.400. However, the market price may remain above the 9-day and 21-day moving averages but higher support is expected at the $0.375 level. Meanwhile, with Elon Musk’s Pepe-themed profile picture sparking interest and ongoing tweets fueling excitement, Wall Street Pepe has captured significant attention in the crypto space. The token is gaining momentum, with daily transactions surpassing $500,000 and heading toward the $1 million mark.

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