- Dogecoin could surge +200% to +330%, surpassing the $0.73 resistance.
- Analysts project a 3x move for DOGE, with a price target of $0.41.
- Historical patterns suggest a breakout for Dogecoin in April- May 2025.
The price action for Dogecoin has been interesting in the past few months. According to CoinMarketCap’s data, the coin suffered a close to 10% loss in the broader picture over the past month. However, it recorded an almost 12% rise in the last seven days, denoting a short-term upward movement. That’s despite a minor dip of nearly 4% in the previous two days. Despite the token’s price fluctuations, market analysts continue to watch closely for a breakout.
Dogecoin’s Next Big Rally: Analyst Projects +200% to +330% Move
In an X post, market analyst Javon Marks outlines that Dogecoin is bound for a massive run to new all-time highs, with a projected increase of at least +200 up to +300. These projections, as denoted by Javon Marks, are anticipated to push DOGE’s market value above its previous all-time high around the $0.73 level.
Javon noted:
“$DOGE (Dogecoin) looking ready to put on yet another magical bullish performance to NEW ALL TIME HIGHS! This can result in an AT-LEAST +200% to +330% move above $0.73.”
Besides, from a historical point of view, Javon’s chart analysis shows that DOGE followed a series of falling wedge patterns, marking periods of market declines before major breakouts that led to trend reversals. The study further highlights that after each breakout, DOGE’s price action transitioned into a broadening wedge pattern, which pointed to a price surge to new all-time highs.
These formations have always been a prelude to large price moves. Similar to these historic price actions, the current chart depicts an identical pattern, which could propel Dogecoin’s price significantly.
As a result, the technical setup here suggests that DOGE is ready for another big rally. Following these projections, Javon Marks hints that the token’s key resistance point is $0.73, which would need to be broken to reach new record levels. This could mark over a 200% uptick from the cryptocurrency’s present market value.
Dogecoin Could See a 3x Gain Soon: Here’s What to Expect
Analyst WorldOfCharts1 also spotted a possible massive breakout for Dogecoin. In his analysis, the coin has been consolidating in a falling wedge, a classic technical setup for a bullish trend reversal.
According to the analyst, if this pattern breaks out, the cryptocurrency could see a move similar to its previous 3x surge, last seen in October last year. This would mean a price increase of 137.85% toward the price target of around $0. 41.
He believes this pattern has historically preceded large price jumps, and the market is setting itself up for another big rise. The analyst anticipates that the breakout could occur as early as April and continue through May, with DOGE potentially retesting previous levels seen during its earlier rallies.
