Dogecoin’s worth rebounded to $0.186 after declining from $0.185 to $0.15 earlier within the week. The rebound is proof of consumers coming in on decrease costs, an indication some market observers view as continued power for the meme cryptocurrency.
Analysts Monitor Lengthy-Time period Sample Formation
So far as analyst Steph is Crypto is worried, Dogecoin nonetheless tracks what they confer with as a “Legendary trend-line” that extends between three important worth lows over a number of years.
That help line began above $0.001 in early 2020, was once more breached above $0.059 in 2024, and most lately broke beneath to search out help round $0.14 in 2025. Every time the value struck this line, it has recoiled larger.
Those that stay lengthy on DOGE are “absolute legend,” Steph famous of their evaluate, which supplies a long-term worth goal of $10. That will be over 5,000% achieve from current ranges.
#DOGECOIN highway to $10!
In the event you’re nonetheless holding $Doge, you’re an absolute legend. pic.twitter.com/ZppO6UTzSK
— STEPH IS CRYPTO (@Steph_iscrypto) Could 1, 2025
Every day Charts Show Extra Conservative View
Different analysts present a much less aggressive prediction utilizing each day chart tendencies: Dogecoin tends to rebound from a rising trendline, making a sequence of upper lows. Their findings point out these rebounds are inclined to comply with false reversals that happen earlier than important breakout actions.
Earlier Resistance Ranges Turn into New Help
Taking longer intervals, one other pattern might be noticed within the worth motion of Dogecoin. As per evaluation over three-day charts, earlier excessive values are seen to be performing as help ranges subsequently.
This got here to cross when DOGE broke above $0.097 resistance late in 2023, then retreated to check that very same stage as help early in 2024. The identical factor occurred with the July 2024 excessive of $0.146, which turned a help stage in April 2025.
Future Value Targets Based mostly On Historic Patterns
The February peak of $0.29 in 2025 is one more reference level that preceded the latest worth fall. Whereas technical analysts had examined the $0.145 help level in April, they now have a look at $0.23 as the following stage to look at as a resistance level.
In case these tendencies stay constant, some specialists are of the opinion that Dogecoin would possibly hit $0.80, which might be greater than its all-time excessive of $0.73.
Though these predictions are largely primarily based on technical chart patterns and never elementary concerns, the predictability of Dogecoin’s worth construction has drawn the curiosity of some cryptocurrency market observers.
The ascending trendline that has stood even throughout varied market cycles is a major indicator that the majority merchants are monitoring to evaluate the power of DOGE’s present place.
Featured picture from Unsplash, chart from TradingView