Some analysts note that the price of Dogecoin could surge, with a potential target of $0.65. Technical analysis and on-chain trends suggest that the bullish momentum may continue, but this meme coin is constrained at critical points.
Dogecoin Breakout Price Target Over the Years is $0.65
Notably, the price of Dogecoin is currently breaking out of a wedge marking the start of a potential trend reversal. The breakout has been confirmed as DOGE surged above the long-term resistance line that has been in effect since the peak in 2021. This recent event has changed the structure, as it marks the end of a series of lower highs and lower lows.
Analyst Javon Marks is optimistic about the price of Dogecoin and sets a target of $0.6533. Reaching this target would mean a 200.79% increase from the current price of $0.2172. His outlook is shaped by DOGE's resistance to dropping below $0.16, demonstrating a bullish trend. If this trend continues, this cryptocurrency could reach an all-time high of $0.74 and potentially exceed this level soon.
DOGE Faces Major Resistance at $0.25-$0.26
However, the price of Dogecoin may encounter resistance at $0.25 to $0.26. This level has repeatedly thwarted surges over the past few months. By the end of 2024, this level was a key support but has become a strong resistance zone in early 2025.
Several attempts to break through this range have failed. One such attempt occurred in May 2025 when the price of the leading meme coin surged to $0.24 but then fell back to $0.22.
According to cryptocurrency analyst Ali Martinez, a breakout at this level could lead to a significant increase. Due to the resistance level, DOGE's price cannot rise much higher than its short-term trading range.
DOGE On-Chain Activity Surges
According to IntoTheBlock, Dogecoin's network activity has increased significantly, supporting the bullish outlook. New Dogecoin addresses have risen by 102.40% in the past week, and active addresses have also increased by 111.32%.
Increased participation may indicate greater interest in the token and could push the price of Dogecoin beyond the resistance of $0.25-$0.26.
Moreover, the number of addresses with zero balance surged by 155.38% compared to the previous period. This increase in address activity indicates that traders and investors are participating more. Therefore, this aligns with the broader recovery seen in the market over the past few weeks.
Dogecoin Price: Technical Targets and Future Outlook
Furthermore, another analyst, Rose Premium Signals, has identified $0.21 and $0.22 as immediate support levels for the price of Dogecoin. Additionally, short-term targets are $0.3757, $0.4884, and $0.6160. These targets align with a multi-year breakout forecast, providing a roadmap for potential gains if the bullish momentum is maintained.
However, the analyst points out that the stop-loss level is set at $0.14, indicating that risks need to be managed in such volatility. This level supports the entire market, helping to avoid excessive losses when the market declines.
Another analyst, Bitcoinsensus, notes that the price of Dogecoin has confirmed an inverse head and shoulders breakout, surpassing the neckline and resistance trendline. This pattern indicates a potential price increase to the supply zone of $0.43, aligning with the current bullish structure. A successful retest of the trendline in the next seven days could reinforce this rally.
Continuing to support the bullish outlook, recent analysis shows that the price of Dogecoin is repeating the historical cycle observed between 2014 and 2018. The meme coin has twice bounced from the lower boundary of a long-term uptrend channel, indicating further bullish potential. If this structure holds, Dogecoin could target $0.29 in the short term, representing a 30% increase from the current price.
