In spite of the market’s increased instability, Dogecoin has demonstrated impressive resilience and is maintaining its position at vital support points. Since it can endure these critical support levels, numerous crypto analysts predict that this dog-themed meme currency could experience a significant surge in value throughout the year.
Next Massive Breakout For Dogecoin In 2025
According to experienced crypto trader and analyst Trader Tardigrade, there’s growing positivity in the market, and he anticipates 2025 as a particularly bullish year for Dogecoin. This prediction is part of a broader outlook indicating that DOGE could hit a new record high this year, implying that the bull trend may still be ongoing.
Examining Dogecoin’s price fluctuations, Trader Tardigrade pointed out that the meme coin aligns with the 50-period Arnaud Legoux Moving Average (ALMA). This technical tool, renowned for its ability to respond swiftly to price trends, can help predict a cryptocurrency’s upcoming direction.
A match with this significant marker usually suggests a potential shift in direction, potentially paving the way for a substantial rise in Dogecoin’s worth. Historically, strong upward trends have been preceded by comparable encounters with the ALMA, boosting the anticipation of a surge in DOGE.
Tardigrade the trader observed that this current pattern mirrors the market trend from 2018 to 2020. Consequently, he thinks that the meme coin is currently experiencing an upward spike, potentially reaching a record peak by the year 2025.
It’s important to point out that according to the expert’s analysis, the potential bullish surge could take Dogecoin (DOGE) up to around $2.4. If this key level is breached, it might spark additional growth, with some predicting a climb towards the $6 or even $10 mark during this cycle.
Will DOGE’s Rally In The Current Cycle Be Greater Than Previous Ones?
According to Dima James Potts, we might witness a significant upward trajectory (parabolic move) for DOGE in 2025. This projection stems from past price patterns and market fluctuations, which he believes will follow a Year-4 cycle theory. In this theory, each cycle tends to have a more substantial price increase than the one before it.
In my analysis, during the initial phase, Dogecoin experienced a significant surge of approximately 9,404%. The subsequent phase witnessed growth nearly three times greater than the first, with an overpowering increase of more than 26,626%. Examining past cycles, James Potts posits that the fourth year has historically shown the most substantial performance gains. This trend seems poised to recur.
Keep in mind that the year 2025 signifies the start of the fourth year in cycle 3. Each cycle has been larger than the one before it, leading the analyst to anticipate a more pronounced parabolic increase within this year. This surge is expected to be fueled by increased usage of Dogecoin and continuous technological advancements.
As the global interest in cryptocurrencies grows, James Potts warns that investors focusing on a small market cap could find themselves astonished and possibly disappointed.
Read More
- EUR ARS PREDICTION
- ULTIMA PREDICTION. ULTIMA cryptocurrency
- EUR CAD PREDICTION
- POWR PREDICTION. POWR cryptocurrency
- XRP PREDICTION. XRP cryptocurrency
- CHR PREDICTION. CHR cryptocurrency
- YNE PREDICTION. YNE cryptocurrency
- LDO PREDICTION. LDO cryptocurrency
- LUNC PREDICTION. LUNC cryptocurrency
- EUR VND PREDICTION
2025-01-13 22:11