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Cryptocurrency News Articles

After a Long Phase of Low Momentum, Dogecoin Is Showing Signs of Surging Again

Apr 14, 2025 at 10:11 pm

After a long phase of low momentum, Dogecoin is showing signs of surging again. Analysts are monitoring price levels closely as technical signals hint at an incoming Dogecoin breakout.

After a Long Phase of Low Momentum, Dogecoin Is Showing Signs of Surging Again

After a long phase of low momentum, Dogecoin (CRYPTO: DOGE) is showing signs of surging again. As analysts monitor price levels closely, technical signals hint at an incoming Dogecoin breakout.

Amid renewed optimism, the community is revisiting the big question: Will DOGE price hit $1? While there are hurdles, bullish momentum appears to be quietly building.

Dogecoin Breakout Possible Above $0.17 Resistance

On X, Ali Charts shared his view on DOGE market trends, pointing to $0.17 as the key resistance level. If Dogecoin secures a weekly close above this level, it could trigger a price run toward $0.21 and even $0.29. However, there is a need to maintain the $0.13 support level, which has historically provided strong support. Breaking below this zone could stall momentum.

#Dogecoin $DOGE is gearing up for a big week. A close above $0.17 could open the door to $0.21 or even $0.29, as long as it holds the key $0.13 support.

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에서

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Ali highlighted that the current price pattern reflects past accumulation phases. It is supporting the bullish momentum in his Dogecoin price prediction. If this pattern held, it could lead to another surprising move from the meme coin.

“We’re now in the same price range as we were during the last accumulation phase that ultimately led to a 1900% rally from the lows in March 2020,” explained the analyst.

If this scenario plays out, we could see a move towards at least $0.21 or even $0.29, but we'll need to keep an eye on that support at $0.13. If the price breaks below this level, it could stall the momentum and we might not see this play out like it did last time.”

Bullish Technical Pattern Hints at Dogecoin Rally

Javon Marks also weighed in with a positive outlook on DOGE market trends. On X, he posted that the coin is showing the same technical formation it did before its massive 2021 rally. Back then, Dogecoin soared to $0.7376, its all-time high.

This can result in an AT-LEAST +200% to +330% move above $0.73 ⤴️…

According to Marks, if history repeats, the price could surge by 200% to 330%. His analysis supports a long-term Dogecoin price prediction well above $0.73. An analysis that adds weight to the idea of a Dogecoin breakout in the months ahead.

Will Dogecoin Hit $1 With $148B?

Back in 2021, Dogecoin reached its all-time high of $0.7376 when its circulating supply was just over 108 billion. This drove its market capitalization to approximately $80 billion. In 2025, the supply has surged by more than 40%, with the total now standing at 148.83 billion DOGE. This supply significantly shifts the dynamics of any future Dogecoin price prediction aiming to match its previous peak.

Chart 1 – Provided by owiebest, published on TradingView, April 14, 2025.

Dogecoin would need a substantially higher market cap to revisit its former highs. Using the same ATH price of $0.7376 and the current supply, the market cap would need to exceed $110 billion just to match 2021 levels. A key factor that analysts consider when evaluating questions like, Will DOGE Price Hit $1?

The growing nature of DOGE means the circulating supply will continue to rise. Reaching the $1 milestone in particular would now demand a total market capitalization of about $148 billion. While this is a steep climb, it’s not entirely out of reach in a full-scale bull market fueled by widespread adoption and the enduring influence of the Dogecoin community.

Neutral Indicators Show Potential For Dogecoin Rise

Current DOGE market trends show the price hovering around $0.166, just under the $0.17 breakout point. Technical indicators are beginning to incline bullish, though they still reflect a cautious stance among traders.

Chart 2 – DOGE Price Historical Price Performance, published on TradingView, April 14, 2025.

Analysts suggest that a confirmed move above $0.17 would mark a significant shift. This is reigniting the debate around whether Will DOGE price will hit $1 and renewing interest in Dogecoin price prediction outlooks that favor a rally.

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