According to Coindcx, investors are starting to show interest in Dogecoin again, as its weekly chart suggests that its price might start to increase. Dogecoin had been falling for four weeks, but it finally showed signs of recovery this week.
The price has moved above the important level on the chart, which is called the Gaussian Channel; this usually means that the trend could be becoming positive.
The Dogecoin price has started to rise again after it went down, and this might be a start for a bigger move upward. The experts and regular traders are closing, watching the $1 level as the buying interest has grown.
Weekly Candle Reversal Signals Recovery
This week, Dogecoin showed its first sign of growth in over a month, as it had a green candle on its chart. This has broken the series of red candles and has shown that the Dogecoin price is moving above the middle of the Gaussian channel.
Is Dogecoin Setting Up For the Biggest Meme Rally of 2025 3
This movement usually hints that the price could keep on rising in the upcoming week. Traders are able to spot the price and changes with the help of the Gaussian channel. It is trusted by technical traders for a long time.
Traders are feeling more hopeful now as the current candle has moved above the middle of this channel. This setup is looking the same as the previous pattern before it had a big price increase, and many Dogecoin holders have started to feel positive again.
Dogecoin Market Scenario
Dogecoin’s price is currently trading below $0.18. On April 30, 2025, Wednesday, Dogecoin’s price is $0.1746 with a market cap of $ 26.02 B. It is the 24-hour trading volume of $ 888.46 M.
In comparison to the past 7 days dogecoin price figure. The cryptocurrency has seen its highest price of the week on 26 April 2025. The coin was trading around $0.1921 with a 24-hour trading volume of $ 1.87 B. Since then, the DOGE has seen a price decline. Many analyst predicts that Dogecoin may run a bull market in the upcoming months of 2025.
Dogecoin price predictions by leading crypto analysts for 2025
Source (Crypto Analysts) 2025 Prediction Coinpedia $1.07 CoinJournal $1.18 Coindcx $1.05–$1.10 Changelly $0.18-$0.21
Eyes on the $1 Resistance Level
Dogecoin is currently focusing on $1 mark. This price is important for technological reasons and also for the Dogecoin community. After looking at the chart, Experts said that Dogecoin might reach $1 very soon as the key trendline is close to this price.
In 2021, when the Dogecoin price came close to $1, it attracted a lot of attention from the media and investors. If it reaches that level again, then it would be a big technical achievement and will show that the trust in meme coins is starting to grow again.
On X, crypto analyst @TATrader_Alan shared that the Dogecoin weekly chart is showing four weeks of falling prices, but this week, the candle has started to rise. It seems that it might pass the middle line, forming a green candle. There is also a trendline that suggests that the price could reach close to $1.
Market Sentiment and Volume Are Key
Analyst warns that, though the recent candle is showing a positive sign, more confirmations are needed. The trading volume will be an important factor to watch for the upcoming days. Dogecoin price will need strong buying activity and a favourable crypto market if it wants to make a move toward $1.
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External market conditions, such as Bitcoin stability and how much risk investors are ready to take, will impact its price. If Bitcoin can maintain its current range or start to rise again, then meme coins like Dogecoin are likely to get more attention and investment, which would help the price push upwards.
In the past, Dogecoin’s price would usually increase when speculative trading and viral social media trends took off. If something similar happens again, then it could trigger a quick rise in price.
Conclusion
There is always some uncertainty in the crypto market, but this week, Dogecoin’s setup looks more positive than it has in months. If there is a rise in trading volume and if the price stays above the key trendlines, then Dogecoin could reach the $1 mark again.
Everyone is watching to see whether this momentum will continue for the next month. Dogecoin’s price above $0.21 could lead to a big rise if the current trend holds; this will make Dogecoin a strong performer in the Altcoin market. Currently, the Dogecoin price is around $0.1745, which is still far from $1, but it is showing its strength to investors, which they were hoping for.
FAQs
1. What is the present Dogecoin market scenario?
Dogecoin is currently showing signs of recovery after weeks of decline.
2. What does the Gaussian Channel predict about Dogecoin price?
It says that the prices that are going above suggest that there would be a potential upward trend.
3. How are traders reacting to Dogecoin’s price movement?
Traders show an optimistic look toward Dogecoin as it has moved above the middle of the Gaussian Channel.
4. What does Coinpedia predict about the Dogecoin price?
By the end of 2025, Coinpedia expects that Dogecoin might reach $1.07
5. Which analysts are most bullish on Dogecoin?
The analysts, including CoinJournal, Cryptomus, and Coinpedia, are most bullish on Dogecoin.
Glossary
Gaussian Channel: A tool that helps track price movements and predict changes.
Resistance Level: A point where it’s stiff for the dogecoin price to go higher.
Meme Coin: A cryptocurrency that gains popularity primarily through social media
Bull Market: A time when prices are going up and people are buying.
Price Target: A predicted price level that an asset is expected to reach within a certain time
Sources
Coinmedia
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