- Dogecoin is showing signs of a potential breakout, with top analysts predicting a 137% surge to $0.3983 based on historical chart patterns and recent price movements.
- Dogecoin’s network activity has also surged, signaling growing user interest that could fuel further bullish momentum.
Dogecoin (DOGE), the original meme coin, is back in the spotlight as top analysts forecast a potential 137% surge in its price—possibly soaring to $0.3983 in the near term. After weeks of consolidation, Dogecoin’s price has shown signs of revival with a 16.6% gain over the last week, igniting hopes for a major breakout reminiscent of its powerful Q4 2024 rally.
Though DOGE has dipped slightly by 0.1% in the past 24 hours, and seen a 5.3% monthly decline, bullish momentum appears to be building. Currently locked within a descending triangle pattern, Dogecoin is approaching a critical resistance level that analysts believe could lead to a dramatic breakout.
Chart Patterns Point to Explosive Potential
Renowned chartist World of Charts highlights that Dogecoin’s price has been trading inside this triangle for months, following a massive surge in October 2024 from $0.105 to over $0.48. Since then, DOGE has repeatedly tested the upper resistance without success—but that may soon change.
Dogecoin has recently bounced from the lower support line near $0.14, maintaining key structure. A confirmed breakout above the triangle could target $0.3983, marking a 137.85% rally from current levels.
Adding fuel to the fire, analyst Javon Marks notes that Dogecoin’s historical patterns—particularly from 2014 to 2025—reveal a repeating cycle of descending triangles followed by explosive breakouts. Marks suggests a possible surge of 200% to 330%, which could push DOGE above $0.73.
Dogecoin Network Activity Explodes
Fundamentals are also turning bullish. According to IntoTheBlock, Dogecoin’s network activity has skyrocketed—new addresses jumped by 102.4%, and active addresses soared by 111.32% over the past week. These metrics signal growing user adoption and renewed community interest.
Such spikes in engagement often precede price rallies, suggesting that the Dogecoin ecosystem is heating up. With technicals and on-chain data aligning, DOGE might just be gearing up for its next big move.
