#SEC推迟多个现货ETF审批 #币安Alpha上新 #Strategy增持比特币
Dogecoin (DOGE) has recently shown strong signals on both short-term and long-term charts, and analysts believe this meme coin may be brewing a new breakout.
Although the current price is still oscillating in the range of 0.18 to 0.19 dollars, which is still far from the historical high of 0.74 dollars in 2021, technical indicators and the macro environment show that momentum is accumulating. Several well-known analysts have outlined key price levels—a short-term target of 0.25 dollars, and if the cycle conditions align, there may be a chance to break through the 10 dollar mark in 2025.
Ali Martinez views the monthly closing price of 0.20 dollars as a triggering factor for the breakout.
On-chain expert Ali Martinez points out that the monthly closing price of 0.20 dollars is a critical turning point. He emphasized on the X platform: 'If this resistance is effectively broken, DOGE may challenge 0.74 dollars or even higher prices.' Meanwhile, trader 'Trader Tardigrade' discovered a classic 'breakout-pullback-continue' pattern on the daily chart, which typically indicates the continuation of the trend.
Trader Tardigrade stated that the breakout retest mode shows momentum.
Echoing the bullish sentiment, well-known trader 'Trader Tardigrade' sees a classic breakout-retest-continue pattern on Dogecoin's daily chart. The chart clearly shows that Dogecoin broke through a key resistance line, retested the support level, and initiated a new upward trend—this is a typical technical pattern.
Trader Tardigrade expects a short-term target price of 0.25 dollars and a long-term view of 2.80 dollars, noting that the current technical pattern is highly similar to the structure before the early bull market of Dogecoin. Another analyst, Potts, observed that DOGE is in a rising channel that has lasted for 10 years, emphasizing: "If the monthly line can hold above 0.20 dollars, it will confirm the effectiveness of the breakout."
Potts particularly pointed out that Dogecoin failed to reach the upper channel during the bull market in 2021, which indicates that the peak of this cycle may be delayed until the end of 2025, when the price could rise to the range of 10-15 dollars.
Technical indicators show strength, but caution is needed.
From a technical indicator perspective, the current daily RSI remains above 52, which indicates upward momentum while avoiding overbought risks, leaving ample space for subsequent trends.
At the beginning of this month, the MACD indicator also showed a bullish crossover, indicating that buying momentum is strengthening. The histogram remains bullish, but the histogram strength is declining, indicating that selling pressure is rising.
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‼️ All information content from this account is for reference only and does not constitute any investment advice. If you have any questions or need assistance, please contact me. #doge#
