The plunge has ended! Dogecoin's daily chart shows a strong reversal, with $0.25 just around the corner.
After enduring several months of 'darkest moments', Dogecoin (DOGE) finally welcomed an epic turnaround in April 2025! On April 22, DOGE price broke through the key resistance level of $0.165, completely piercing the downtrend line; although there was a brief pullback, the strong rebound on April 24 perfectly validated the 'resistance turns to support' principle, marking the formal entry of Dogecoin into a technical bull market!
Renowned crypto analyst 'Trader Tardigrade' excitedly declared on the X platform: 'The daily reversal signal for DOGE is the clearest buying opportunity of 2025!' According to his analysis, Dogecoin has completed the classic trilogy of 'breakout-pullback-explosion', with a short-term target aimed at $0.25 (an over 38% increase from the current $0.18), if achieved, it will set a new high for the past ten weeks and realize a 51% violent surge from the bottom of $0.14!
Monthly chart reveals a hidden bomb-level signal: the round bottom pattern reappears, is $2.8 not a dream?
Even more excitingly, Trader Tardigrade discovered a 'round bottom pattern' in the monthly chart—this ultimate bullish structure that appeared before the 2021 bull market is perfectly replicating on the DOGE weekly chart! Historical data shows that once this pattern is confirmed, the explosive growth often increases by multiples. If this cycle repeats, Dogecoin's long-term target could soar to $2.8, a staggering increase of over 1455% from the current price!
Retail FOMO countdown: On-chain data reveals whales are bottom-fishing.
On-chain monitoring shows that since April, the holdings of Dogecoin whale addresses have surged by 27%, while exchange reserves have dropped to a yearly low, quietly reversing the supply-demand dynamic. Meanwhile, the DOGE community's heat index skyrocketed by 300% in just one week, with the Twitter topic #DogeToTheMoon once again dominating the charts. Analysts warn: 'When meme sentiment, technicals, and capital converge, Dogecoin's volatility could far exceed expectations!'
Key data for April 28, 2025.
A significant MACD bullish crossover has appeared on the daily chart of Dogecoin, further strengthening the bullish perspective. Dogecoin has completed its recent pullback, and the MACD crossover clearly confirms a bullish reversal. The structure of lower time frames aligns with this momentum, laying the foundation for continued upward movement.
Currently, the trading price of Dogecoin is $0.17666. Although there are several bullish signals at the moment, the first step towards the $1 target must be a closing price that definitively breaks above $0.20, after which strong bullish momentum will reappear in the cryptocurrency market.
From being ridiculed as a 'joke coin' to a legend that has brought financial freedom to countless individuals, Dogecoin once again proves through its price action: never underestimate the power of memes in the cryptocurrency world! When technicals intertwine with community frenzy, the DOGE of 2025 may be replicating the madness of 2021—are you ready to hop on board?