According to analyst Cas Abbé, the current trend of Dogecoin (DOGE) indicates that this currency is entering a new expansion phase after a long accumulation period. This is a notable signal, especially as many months of previous quiet trading have created a strong price support level—seen as a foundation for a potential breakout in the near future.
This is not only derived from price action but is also supported by important technical factors such as hashrate, CVDD index, alpha price, and network stress, all of which indicate a solid growth outlook that could push Dogecoin to new high prices.
Distinct signs of an expansion phase
In a recent sharing on social media platform X, Cas Abbé pointed out a series of core factors reinforcing the forecast that Dogecoin is about to enter a phase of strong growth. These signals are not only present on the price chart but also reflect deeper shifts in market behavior, capital flows, and the technical foundation of the Dogecoin network.
First, the range of sustainable accumulation. Over the past several months, Dogecoin has maintained a base price range around 0.20 USD, starting from early August. This is a type of prolonged accumulation often seen in cycles before the market explodes. Essentially, this phase reflects the formation of a 'price base'—where buying demand gradually absorbs supply, thereby creating a launch pad for a significant breakout.
Secondly, trading volume has markedly increased. Unlike previous bullish cycles primarily driven by retail investor enthusiasm, this time, Abbé explains that the growth in volume is a result of more active participation from institutional capital. This factor not only reinforces the sustainability of the new trend but also opens up the prospect for Dogecoin to be valued more as a significant asset in the portfolios of large institutions.
Thirdly, the RSI indicator remains in the neutral zone. Currently, Dogecoin's Relative Strength Index (RSI) has not reached the 'overbought' threshold. This means that this currency still has much room for further growth before the market enters an overheating state. This also provides a basis for investors to expect another expansion phase rather than just a short-term bounce.
Finally, the network hashrate continues to rise steadily. Since the beginning of 2025, the hashrate for Dogecoin mining has grown robustly, reflecting the increasing computational strength in the network. Even though trading prices have not skyrocketed, the sustained upward trend of the hashrate indicates long-term confidence from miners—those who directly ensure the safety and stability of the system. This is a crucial foundation that allows Dogecoin to enter the expansion phase without worrying about inherent risks from the network infrastructure.
The historical model reinforces the outlook
According to Cas Abbé's analysis, Dogecoin's price action over the years has consistently followed a rather repeating pattern: first a long-term sideways phase with narrow volatility, followed by impressive vertical acceleration expansions. This pattern shows that Dogecoin often goes through quiet periods that seem to 'nap', but in fact, are accumulation phases before entering a new explosive cycle.
A clear evidence of this comes from the data on the CVDD chart (Culture Value Days Destroyed). This indicator shows that Dogecoin tends to stabilize in low price ranges for a long time before suddenly breaking out strongly. The most prominent cycles can be observed in 2018 and 2021 when DOGE accelerated after a prolonged accumulation phase, creating historical price surges and attracting global attention.
The key difference between the current phase and previous cycles lies in market sentiment. While in 2018 and 2021, growth often accompanied a 'too hot' state, reflecting profit-taking and massive distribution from investors, the current picture is entirely different. The market shows a calmer and more stable trend, with clear signs of actual accumulation rather than short-term speculation.
This difference has led many analysts to believe that Dogecoin may be preparing for a more sustainable and long-term growth cycle, rather than just temporary surges like in the past.
Price outlook for Dogecoin: Aiming for the 1 USD mark and beyond
According to Cas Abbé's assessment, the current expansion phase of Dogecoin is not merely a short-term price increase. Instead, it could mark the beginning of a new directional trend, capable of reshaping the long-term price structure of this currency. If this scenario occurs, Dogecoin is likely to escape the role of a 'meme coin' and move closer to being recognized as a digital asset with sustainable intrinsic value.
Although Abbé did not provide a specific price target, many other technical analysts are quite optimistic. Accordingly, Dogecoin is predicted to soon surpass the old peak of 0.73 USD (set in 2021), aiming for the important psychological mark of 1 USD—a milestone that the investor community views as a 'symbol' of DOGE's maturity and strength.
Not stopping there, some more ambitious analyses project prices well beyond the 1 USD mark. Notably, analyst Javon Marks believes that Dogecoin could reach 1.25 USD, provided the current expansion trend continues to be maintained and reinforced by new capital flows. This would mark a historic leap, affirming that Dogecoin not only survives on community appeal but also has a place in the long-term strategy of many institutional investors.
At the time of writing, Dogecoin is trading around 0.23 USD, down slightly 2% over the past 24 hours. This trend indicates that the market is still in a short-term adjustment phase following the recent recovery. However, the current decline does not weaken the long-term outlook; rather, it can be seen as a necessary 'breathing' moment to consolidate momentum before prices continue to expand. The fact that Dogecoin maintains above the strong support area around 0.20 USD remains a positive signal, indicating that the growth foundation has not been broken.