- DOGE rebounded 3.24% monthly, with analysts watching for a breakout.
- Trader Tardigrade charts show repeating patterns that preceded past DOGE rallies.
- Long-term forecasts place DOGE above $1 by 2030, while short-term predictions remain cautious.
Dogecoin traded at $0.1801 at press time, slipping 0.67% in the past 24 hours. Still, the token held onto a 3.24% climb over the past month. The price rebounded from the $0.1316 level, last seen on April 7, setting the tone for what traders now eye as a possible repeat of earlier rallies.
DOGE Technical Setup Echoes 2024 Rally, Analyst Anticipates Pump
Crypto analyst Trader Tardigrade has brought renewed attention to Dogecoin’s price chart, pointing to a recurring technical pattern. He highlights two clear rebounds from a long-term rising trendline—first in September 2024 and more recently in April 2025.
In both cases, the price formed a rounded base just above the trendline before moving higher. The analyst marks these turning points with blue arrows, viewing them as key markers in the current setup.
Tardigrade’s chart places strong emphasis on the RSI (Relative Strength Index), which tracked a similar path ahead of Dogecoin’s steep climb in October 2024. Then, DOGE jumped from $0.08 to $0.48 after the RSI crossed the 50-level and gained upward strength.
The latest reading shows that RSI has again broken above the midpoint with a similar curved formation. A pink arrow marks this crossover, while green signs on the chart reflect growing upward strength. The analyst sees this alignment as a sign that the market structure may be repeating. On his chart, a projected price track shaded in green shows DOGE moving toward the $0.90 to $1.00 range.
While analysts remain speculative about the $1 target, Tardigrade’s technical roadmap draws from earlier moves that played out under near-identical conditions, leaving many watchers waiting for what comes next.
Mixed Signals: Buy Zone or Caution Ahead?
While Trader Tardigrade’s analysis seems to hint at a breakout, a broader market analysis paints a calmer picture. In 2025, Changelly estimates that Dogecoin will be worth between $0.162 and $0.204, with an average price of $0.245. These numbers pale in comparison to the optimistic $1 that has yet to be worn out by the traders.
However, the 2030 outlook is more upbeat. By then, DOGE could be averaging $1.03 with a possible swing from $0.9962 to $1.21, which will again bring the highly talked-about achievement into the discussion. On the other hand, in the short term, CoinCodex approaches the chart with caution.
According to its forecast, Dogecoin may reach $0.1658 by June 1, 2025, a 9.60% reduction in value from its current price. Yet, the sentiment hasn’t turned bearish. Their indicators show a neutral stance, while the Fear & Greed Index stands at 67, landing in the “Greed” zone.
Over the past 30 days, Dogecoin posted gains on 12 occasions, with a price movement of 6.54%, showing steady interest without clear direction. This split between short-term caution and long-term hope creates two distinct lenses for traders. CoinCodex flags this period as a possible entry point, supported by technical signals aligning with breakout formations like those mapped by Trader Tardigrade. With these patterns repeating, buyers appear to be circling.
Whether Dogecoin reaches $1 soon or drifts toward it over time remains unanswered. But the line between speculation and strategy grows thinner with each swing, and for many watching the chart, the path to $1 feels less like a matter of if—and more a question of when.