$DOGE $10+ DOGECOIN?! 🚀🚀
Recent weeks price action has established a bottom for #DOGECOIN. Historically, when the price revisits the yellow breakout trend line in the lower portion of the channel, it signals the beginning of a bull run. I expect a similar pattern this cycle.
This updated chart builds upon my pinned one, with additional parallel lines to enhance the visualization of price movements at key levels. In 2017, Dogecoin retested the same orange parallel line that it recently interacted with, marking the start of a bull run. This time, Dogecoin touched that level during the week of April 14, 2025, and since then, the weekly trend has remained consistently upward, moving from the $0.13 range to $0.23 today. I expect this bullish momentum to continue on the weekly timeframe, though significant volatility is likely on the way up.
At the bottom of the chart, I’ve added a custom indicator that I developed, which has consistently proven effective in identifying cycle tops for #DOGECOIN. If the pattern continues to hold, the next cycle peak is likely to occur around the week of October 27th, with my 2025 year-end target remaining at $11.71.
Additionally, I’ve overlaid the historic 2021 bull run for reference, providing a visual representation of how this cycle might unfold. While history doesn’t repeat itself exactly, its patterns often rhyme. Historically, red lines have marked the peak in every past cycle, and coincidentally, for the week of October 27th, red line aligns with a price of $42, while the yellow one above it sits at $69.42. If Dogecoin follows the same logarithmic growth of the previous two cycles, the price could approach the upper yellow line at $69.42. However, this is not meant as a target—just a historical trend observation, not financial advice.
To the Moon! 🚀🌕🐕
