Dogecoin (DOGE) Price Prediction 2025: Cyclical Pattern Suggests Parabolic Surge Targeting $11.65

The cyclical Dogecoin price patterns continue to point towards bullish price targets despite the extended consolidation and correction in the past two weeks.

Cryptocurrency prices have been on a wild ride in recent years, and Dogecoin has been no exception. The meme coin has seen its price soar and crash multiple times, leaving many investors wondering what the future holds for Doge.

Now, a new technical analysis suggests that Dogecoin could be in for another parabolic surge, with a potential 3,700% rally on the horizon. Here's a closer look at the analysis and what it could mean for Dogecoin investors.

Dogecoin’s Historical Cycles Point To 3,700% Surge By 2025

Crypto analyst Dima James Potts has been closely tracking Dogecoin's price performance over the years, and he recently shared his technical outlook on social media. According to Potts, Dogecoin is currently in a third cycle that is known to play out over the course of four years. These cycles have always culminated in a crazy Dogecoin price surge in the fourth year.

To illustrate this cyclical pattern, Potts highlighted two instances of remarkable growth in Dogecoin's price during the fourth year of each major cycle. In the first cycle, Dogecoin's year-four opened at $0.00023 and closed at $0.00851, marking a 37x increase. In the second cycle, year-four opened at $0.00460 and ended at $0.17064, once again delivering a 37x gain. These fourth-year rallies are highlighted in purple candlestick bars, as shown in the graph below.

As it stands, Dogecoin is about to transition into the fourth year of this pattern. Using this pattern as a basis, Potts projects that the upcoming fourth year of Dogecoin's current cycle, which is set to begin in 2024, could follow a similar trajectory.

2024 Pivotal For Dogecoin’s Surges

With 2023 coming to an end, crypto market participants are now looking towards what 2024 has to offer, with the general prediction being a bullish trajectory for most of the year. According to Potts, Dogecoin is on track to re-enact another 37x surge in 2024 as a repetition of the fourth-year part of its cyclical pattern. As such, Potts noted that should the closing price of 2023 be around $0.315, a 37x increase could result in a year-end price of approximately $11.65 in 2024.

Potts emphasizes that the $11.65 prediction is a conservative year-end estimate rather than a peak price, suggesting that Dogecoin could potentially surpass this target at some point during 2024. At the time of writing, Dogecoin is trading at $0.312, and the $11.65 target is more than 3,500% away.

Another technical analysis from crypto analyst Javon Marks also supports this outlook regarding Dogecoin's cyclical pattern. According to Marks, Dogecoin is currently in its third cycle and is gearing up to break into new all-time highs by 2025.